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artificial intelligence

Distributors Supercharge Sales Using 'Intent Data' 

Distributors should track what customers are doing online and follow signaled interests through reps and on email, writes Benj Cohen, a blogger for NAW (National Association for Wholesaler-Distributors). "When customers consider buying something from a rep, or click on certain promotional links in emails, for example, they signal their intent to buy. Distributors must methodically track this intent and use it in a coordinated sales strategy." Click for article

The Future of Jobs Report

The World Economic Forum, the Geneva-based international organization for public-private cooperation, examined possible global scenarios and issued a 157-page report called "The Future of Jobs — Employment, Skills and the Workforce Strategy for the Fourth Industrial Revolution." The report takes into account Moore's law — that computer processing power will double every two years and will continue to become less expensive. As a result, data analytics will become an increasingly desired workforce skill across all levels. The report also mentions that today's skills might not match tomorrow's needs. That's especially true for jobs that incorporate much automation or artificial intelligence.  Click for report

Distributors Haven't Developed AI to Compete With Amazon Yet

Amazon’s logistics powerhouse, marketplace and best-in-the-world artificial intelligence expertise enables the new form of commerce, writes Ian Heller for MDM. The wholesale distribution sector is unable to fight Amazon in its core areas of expertise for now. But that can change as distributors adopt new technologies and realize their current strengths. Click for article
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