For electrical manufacturers, copper isn’t just another input cost, it’s a constant variable that can significantly influence margins, pricing, and planning. Over the past few years, fluctuations in copper pricing have become more pronounced. Global demand, supply constraints, and geopolitical factors have all contributed to a level of volatility that
Digitalisation in the electrical sector is moving from “nice to have” to “how business gets done.” The latest EDA findings show manufacturers are already laying the groundwork: over half now offer online customer portals for wholesalers to place orders (53%). Even more striking, the vast majority manage product data through
Many businesses struggle with invoice delivery because processes lack effective invoice automation and instead rely on manual steps, disconnected systems or inconsistent formats. Delays happen easily so finance teams often find themselves discovering problems only when payments are late which leads to chasing customers in an inefficient way that is
The electrical industry has always been rooted in face-to-face interactions: conversations at the trade counter, trusted reps on the phone, and the kind of familiarity that only comes from years of working together. But the latest EDA survey shows a shift that even the most traditional businesses can’t ignore. When
Supply chain planning has become a defining capability for many organisations to stay competitive within their industries. Businesses are forced to respond even faster than ever. In particular, disconnected supplier systems with a lack of visibility can be frustrating for purchasing teams and procurement managers because of all the delays
Digitalisation in the electrical industry has been a talking point for years, but the latest EDA survey shows just how quickly expectations are shifting: Nearly 70% of wholesalers now believe that online business volumes will double or more than double within the next five years. That’s a huge signal for
