We've completed a fairly informal survey among several hundred prospects over the last few months. We're getting a consistent message from them: Revenue is flat or down, but labor costs are up.
Of course, we ask them "Why?"
The answers coincide with the market dynamics in supply chain execution that we've been tracking for years. Companies are tightening inventory levels. So they are ordering less, more frequently. In terms of supply chain execution, they may be picking less orders but they are performing more receipts and executing more put aways. In some cases, especially in wholesale distribution, their customers are ordering less - but more frequently. This drives o ...