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Supply Chain Rebooting?

Microsoft and Apple have both announced updates to their revenue guidance Q3, FY2020.  A slow supply chain has been one of several reasons provided for these altered forecasts. Goldman Sachs has predicted that “US companies will generate no earnings growth in 2020. We have updated our earnings model to incorporate the likelihood that the virus becomes widespread.”  This is just some of the fallout COVID-19 otherwise known as coronavirus is having on the global economy.  The report further states, “If COVID-19 spreads rapidly, supply chain delays could persist, US consumer demand could plummet, and firms could lay off workers in an effort to maintain margins,”

 

When a significant supply chain is all but stopped, starting again can be slow going. Industry giant Coca-Cola has become concerned that supply chain shortages could impact its beverages, those which have ingredients sourced directly from China.

The CDC has warned that COVID-19 will continue to spread, consumers in areas of infection can’t shop for products, shops find themselves without customers and close, factories then lay off workers and the cycle repeats.  If the outbreak is limited to mostly China activity could return to normal by 2nd QTR.  Unfortunately, the spread seems inevitable and is no longer if but when.

So, what can businesses do? planning for possible disruptions is going to be their best course of action, suppliers should ensure they have alternative supply sources ready.  They should also take advantage of supplies that are available now, they may not be later.

Start Finding NEW suppliers at GetThatWholesale.com

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GetThatWholesale promotes at IRCE 2009′

GetThatWholesale.com presented its wholesale directory model to internet retailers and suppliers alike at the fifth annual IRCE 2009. The event held at the Boston Convention & Exhibition Center June 15-19 was truly a beneficial show to attend. Through an exclusive partnership agreement GetThatWholesale.com is the Official Wholesaler Directory for Internet Retailer.

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GTW-Big plans for 2009′

Almost all of us have experienced the frustration of irrelevant search results when seeking items of interest online. It is begrudgingly excepted as an unavoidable speed bump while surfing the Internet highway. What recourse do we really have? We simply bow to the Internet search God’s having their will imposed upon us.

GetThatWholesale.com has removed the proverbial speed bump for the wholesale industry. A directory or “search engine” is only as good as it’s results. This becomes even more important when the directory speaks to a single industry. Wholesale buyers, like most buyers don’t enjoy wasting time, they are interested in finding quality suppliers and they want them yesterday.  GetThatWholesale has amassed close to 4,000 qualified wholesale suppliers in just 1 year. They attribute their success to quality control and plain old fashioned common sense. All wholesale suppliers who request inclusion to the GTW directory must be verified prior to being published in any one of GTW’s 60 product categories. Verification ensures that buyers who source product at GTW find only true wholesale suppliers, saving everyone involved precious time and $$

Buyers conducting supplier or product searches at GetThatWholesale will enjoy a breath of fresh air. Searching the Fashion Accessories category on GTW for instance will result in over 12 pages of honest to goodness wholesale suppliers. Looking for phony results chocked full of ad-sense and meaningless fluff? GTW has none of it.

GTW offers no phony lists to buy and charges no admission fees. What they do offer is a valuable resource to the wholesale industry, providing buyers and suppliers alike with a FREE meet and greet. Buyers find quality suppliers and suppliers enjoy increased response and inclusion to the Internets largest portal to source wholesale.

GetThatWholesale has surprised many by accomplishing so much in just a single year. With a business model that continues to defy the naysayers and shows no sign of slowing, the future looks bright for staff at GTW. Their growth is inevitable and because they allow all suppliers FREE inclusion their product becomes more valuable and more relevant everyday. Buyers want to shop at the largest mall not the smallest, they demand choice and GTW delivers BIG. Unlike membership based websites and pay-per click driven portals, GTW’s growth is literally limitless.

Executives at GTW feel that focused marketing and not splatter marketing has been a driving success behind satisfying clients. What many suppliers must realize and critically analyze is that not all traffic is “response” traffic. GetThatWholesale’s Vice President of Sales and Business Development Fred Mills said “We have aligned ourselves with industry leaders, those companies that have a proven track record and respect within the wholesale marketplace. Companies who believe strongly in the GTW model and our high level of ethics.” “It has always been about quality with GTW and not simply quantity, having 10,000 visits to your site without a single order has achieved nothing, unfortunately it may have cost you a bundle.” Wholesale suppliers who conduct paid advertising campaigns with GTW enjoy reasonable flat rates with no limits on the traffic.

GetThatWholesale has many new developments and exciting projects planned for 2009′. President and CEO of GTW Robert Light said “We broke ground when we implemented a FREE inclusion directory for the wholesale industry, we plan on taking that shovel to the ground again in 2009′. It is a very exciting time for all of us at GTW and we look forward to many great things to come.”

Through an exclusive agreement with Vertical Web Media GetThatWholesale.com is the Official Wholesaler Directory for Internet Retailer

Internet Retailer Conference and Exhibition 2009

Visit http://www.getthatwholesale.com/ for more information.