
Future of Essendant
CATEGORIES
- Asset Performance
- Innovation assets and pipeline
- Disruption vulnerability
- Company headlines
- Company’s future prospects
DATA ACCESS
Essendant, previously known as United Stationers, is the top national wholesale distributor of workplace essentials. Essendant stores a wide variety of more than 160,000 items including office furniture, technology products, automotive aftermarket tools and equipment, traditional office products, janitorial and breakroom supplies and industrial supplies. Its network of 70+ distribution centers allows it to ship products, most overnight, to over 90% in America and next-day delivery to significant cities in Canada for its 30,000 reseller customers. It is headquartered in Deerfield, Illinois and has operations in Dubai, United Arab Emirates (UAE). In addition, the company conducts business activity as an online retailer and sells industrial tools direct to end consumers.
Innovation assets and Pipeline
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.
DISRUPTION VULNERABILITY
Belonging to the wholesale sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:
*First off, the projected economic growth within the African and Asian continents over the next two decades, spurred largely by massive population and internet penetration growth forecasts, will result in a significant increase in regional and international commerce/trade.
*RFID tags, a technology used to track physical goods remotely since the 80s, will finally lose their cost and technology limitations. As a result, manufacturers, wholesalers, and retailers will begin placing RFID tags on every individual item they have in stock, regardless of price. Thus, RFID tags, when coupled with the Internet of Things (IoT), will become an enabling technology, enabling the enhanced inventory awareness that will result in significant new investment in the logistics sector.
*Autonomous vehicles in the form of trucks, trains, planes, and cargo ships will revolutionize the logistics industry, allowing cargo to be delivered faster, more efficiently, and more economically. Such technological improvements will encourage greater regional and international trade that wholesalers will manage.
*Artificial intelligence (AI) systems will take over more and more of the administrative tasks and logistics management associated with purchasing items in bulk, shipping them across borders, and delivering them to end buyers. This will result in reduced costs, layoffs of white-collar workers, and a consolidation within the marketplace since larger wholesalers will afford advanced AI systems long before their smaller competitors.