The United Kingdom retail sector is a massive industry. In fact, UK retail industry sales landed at nearly £366 billion in 2017.
This makes the UK retail sector a crucial part of the economy. And heavy goods vehicles, or HGVs, keep the retail sector running smoothly.
Why are heavy goods vehicles so important to the UK retail sector and the broader economy? We’ve identified several main reasons they are integral to the retail industry.
Growth in the UK Retail Sector
The already booming UK retail sector has seen more growth within the last year. Heavy goods vehicles are supporting this growth.
With a high demand for goods, retailers need an efficient way to move products to distribution outlets. The best way to transport large volumes of goods is through pallet delivery. Heavy goods vehicles carry these large pallets, filled with the products, to be sold.
The Role of Heavy Goods Vehicles
Heavy goods vehicles usually carry massive wooden pallets. These pallets can carry loads that are around 1,000 kg each.
These giant lorries are able to move cargo that exceeds 3.5 tonnes. That means they are able to collect goods from sellers and move them through a motorway network.
Here are several reasons heavy goods vehicles are crucial to the UK retail industry.
HGV Networks Allow Retailers to Branch Out
Selling directly to the local consumer can be expensive, especially as a company grows. Retailers who use this type of hand-to-mouth approach are also in danger of missing customers.
Heavy goods vehicles transport goods to a wider range of areas and can broaden distribution. And since they generally move goods to an outlet that has several types of products, the customer has a variety of options from which to choose. They might stop in an outlet for one product and realise they need another.
That means they are exposed to the product more often, which increases sales.
Consistent Delivery Lowers Costs
In some instances, having a mediator can lower costs. Using a distributor cuts out haggling between the customer and seller.
With a distributor, a set volume of each shipment can be determined. And the person selling the product doesn’t have to worry about mapping out delivery schedules.
This can pull down the final cost for businesses.
Bring Variety to the Consumer
Customers like to have choices. By moving a large variety of products with heavy goods vehicles, distribution groups can give customers more options.
This also means the distributor can avoid big quantities of products sitting on the shelf. The seller doesn’t have to worry as much about approximating orders.
Since the distributor can connect with the customer and can see what is in demand, the seller doesn’t have to worry about stocking shelves.
More UK Retail Sector Facts
Although distribution is a key element of the economy, there is even more to the UK retail sector than the role of heavy goods vehicles.
Interested in finding out the latest in distribution techniques, tips, and news? Visit our blog for expert viewpoints on pallet distribution and logistics services in the United Kingdom.