In today’s fast-paced retail landscape, having a great product is essential, of course. But smart business owners know at least two other things are crucial for success as well: efficient inventory management and streamlined distribution processes. With smart business buying plans in place, these processes can enable companies of all sizes to minimize costs, improve cash flow, enhance customer satisfaction, make better decisions, and even gain a competitive edge.
That’s why when Monro, Inc. — an automotive service and tire dealer with more than 1,250 locations nationwide — needed to reconfigure their distribution services model, Luis Pereira, Senior Manager of Indirect Procurement, began to research options.
As Pereira puts it, “indirect items are anything that the business needs that doesn’t show up on a customer’s invoice that are important for…