Q&A: What Distributors Can Expect in 2023

The 2022 recap for distribution reads the same as nearly every other industry: Labor recruitment and retention is more challenging than ever, inflation pressures are intense and economic and political uncertainty are making leaders cautious. Distributors went from not having enough inventory in 2021 to being overstocked in 2022, creating working capital constraints. Rising interest rates and the political climate are other concerns distribution leaders are navigating to understand the real impact from these disruptions and what they could mean for their business. Surely, those major 2022…