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Statistics

Did You Know?

Industry Facts

90% of customers had an order processing cost of $3

Most customers spent 5+ minutes processing an order

80% of customers did not know their order processing / fulfillment cost

A typical order was taking 20 – 30 keys / clicks to process

95% of customers thought their capacity was limited by # of trained staff

Customers were paying 3% in chargebacks due to delays / errors

60% of customers were unable to meet Trading Partner deadlines

Most customers were using more than 5 systems for order processing

35% of customers said that drop shipping was not profitable

It is a myth that EDI is forever

Top 4 Reasons Why Suppliers Fail

DENIAL

Even though they were losing market share, companies refused to recognize reality.

 

PARALYSIS

Culturally, companies were more focused on protecting themselves rather than initiating a company transformation. 

 

RESISTANCE TO CHANGE

Amazon literally changed the way people shopped. When people changed their shopping habits, suppliers did not adapt.

 

LEGACY SYSTEMS / ERP

Don’t have time & resources to change existing systems to support new business model.

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