Wholesale is the resale of new and used goods to retailers, to industrial, commercial, institutional or professional users, or to other wholesalers, or involves acting as an agent or broker in buying merchandise for, or selling merchandise to, such persons or companies.
As a matter of fact, wholesale is interposed between the producer and the retailer, resulting in economic specialization, economies of scale and transaction economies. Simplifies complex transactions between each producer with a plethora of retailers and each retailer with a plethora of producers.
Wholesale, according to studies, is characterized by the strong participation of the category of employees in its capacity, with 3/4 of the employees in the sector belonging to this category, 12.7% being self-employed, 9.2 % to be employers and finally 3.1% to be in the category of assisting and unpaid members.
Staying competitive as a wholesale distributor can be a balancing act as you look for efficiencies without compromising product delivery. From inventory management strategies to timely financial reporting, we help a variety of companies across the Wholesale Industry gain and leverage an accurate picture of their business.