10 Aug The Benefits of ERP in the Wholesale Distribution Industry
Managing suppliers, acquiring goods, and shipping them to customers is a scramble on its own. Compounding that with inefficiencies of disparate systems and error-prone manual entries is a recipe for disaster. In an industry that involves multiple processes, it only makes sense why wholesale distribution businesses leaders require a holistic system to manage their organization. In this guide, we discuss the benefits of ERP in the wholesale distribution industry.
Every business leader loves to save a buck or two where they can. And, if there’s one way to reduce operating costs, it is through an ERP system for wholesale distribution. How? By reducing time-consuming repetitive processes through automation. But, even better. ERP Software for wholesale distribution businesses offers accurate income and expense forecasts, allowing business leaders to budget the smarter way.
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Streamlined Processes and Inventory Optimization
Procuring goods from suppliers and shipping them to customers is simplified. Automate orders with your trusted suppliers, track inbound goods, maintain visibility of the location of these items, manage them in inventory, and ship them to your customers, all in a single interface.
An invaluable benefit of ERP is the real-time tracking of stock levels. It allows wholesale distribution companies to maintain steady inventory. Prevent product shortages and overstocking with accurate forecasts of the number of items needed in the upcoming period.
When you avoid overstocking, you free up some cash flow that can be allocated elsewhere. And, when you avoid stockouts, you ensure that you always have goods on hand to service orders which results in enhanced customer satisfaction.
Not by only having goods in stock but also fulfilling orders quicker. Eliminate delays caused by untracked orders or product shortages. With ERP software, shipments can be easily tracked until they arrive at customers’ doors, and the return process is simplified.
Over and above the increased visibility that ERP for wholesale distribution businesses offers, you can enjoy real-time insights to guide your business decision-making and empower you to spot opportunities to further widen the competitive gap between you and your competitors.
Would you be keen to learn more about the benefits of ERP in the Wholesale Distribution Industry? Drop us a line on 011 792 9521 or contact us by email, and we’d be glad to guide you in choosing a solution that caters to your unique business case.