For the vast majority of wholesale distributors, one of the top priorities is careful spending.
It is essential that a business is able to balance the range of expenses produced by warehouse operations. While this may seem straightforward at first, it is no simple task, but investing in wholesale distribution software can help streamline this process. This software solution means that you will easily be able to track and optimise key areas within your inventory process monitor its movements.
Having a clear picture of your current stock is one of the easiest ways for distributors to stay ahead of their competition. By streamlining your distribution process with wholesale distribution software, you will easily be able to use data from both consumers and competitors to remain one step ahead at all times.
What Distribution Software is Right for Your Business?
When it comes to ‘warehouse distribution software’, this is generally a catch-all term for systems designed to appeal to wholesale distributors. These systems will typically include customer relationship management (CRM), supplier relationship management (SRM), product lifecycle management (PLM) and warehouse management (WMS) software.
We’re going to focus on enterprise resource planning software, which brings together all of these applications in one, easy-to-use product. This means that you don’t have to worry about purchasing a costly system for each warehouse process or department of your business, as you have the option t invest in a larger, integrated system.
What You Need from Your Distribution Software
We appreciate that every distribution process will be different for each company. This is why it is extremely important for a business to identify the key features that matter to your business so that you can choose a bespoke package designed around the needs of your business.
Inventory Management
When it comes to managing inventory, this is an incredibly complex process. However, for the customer, this process couldn’t be simpler. They want to purchase a product, so they expect that product to be available immediately. If not, they are likely to search for it somewhere else. For this reason alone, inventory systems must be capable of providing real-time insights regarding your current stock levels.
360-Degree Views
To make sure you are getting the most out of your warehouse distribution software, it’s important that you integrate it with as many processes and departments as possible. Choosing a full ERP solution, rather than a standalone product, will really help this. An ERP solution should provide smooth links between departments and processes, which ultimately helps to streamline your distribution process.
Insight and Reporting Tools
A key benefit of enterprise resource planning is that it will automatically group together data from a variety of different sources. This type of system will bring together data from all of your core business processes, which results in a series of detailed and extremely useful reports that address every aspect of your distribution process – from manufacturing to delivery. It’s easy to find out more info on the top ERP wholesale distribution systems you can purchase for your business.