It’s an important decision—but it doesn’t have to be a scary one. Here’s how to choose your next ERP without bursting your budget or slowing down your business.Read it now
For any distributor, it’s all about having the right item available for sale in the right quantity, at the right time, in the right place, at the right price. Failure to do so leads to lost business, lost customers, and increased costs. Overstocks add cost with no added value, and stock-outs damages customer loyalty and satisfaction.
Modern distribution business software provides accurate, company-wide inventory data that lets you create proactive, responsive replenishment operations and minimize inventory costs. To stay competitive, distributors need to know:
Without full visibility of inventory status and movement, distributors are unable to measure and improve supply-side performance.
A truly automated and integrated distribution management software system delivers visibility and control of the entire supply-side cycle of requisition management, purchase order management, inventory tracking, warehouse management, and packing and shipping, removing the need to reenter and reorganize data between systems and reducing the risk of errors.
Disparate systems tied together through outside links, manual databases, and spreadsheets cannot deliver the coordinated visibility and control that you need to effectively manage distribution.
A 2015 Aberdeen report, “What Has Changed in Wholesale Distribution: 2015 & Beyond,” revealed that distribution market leaders invested twice as many resources in technology than their less-successful competitors. The report emphasized the need to change processes and invest in technology*:
For decades, distributors have been using distribution management software to manage their inventory and improve the purchasing process. But the study found that simple transactional execution systems cannot deliver what distributors need to move ahead of the competition. Today’s distribution environment demands modern, connected technology to support collaboration and efficiency.
Distributors that are easy to do business with can build strong supplier relationships. When collaboration is built into the process, suppliers become trusted trading partners. Distributors who embrace collaboration and integration gain significant cost and service advantages.
* From the Aberdeen Group’s February 2015 report “What has Changed in Wholesale Distribution : 2015 and Beyond” by Bob Heaney, Research Director, Supply Chain, Wholesale and Retail Practices.
Acumatica is an integrated financial and business management solution that helps you run your business more effectively. From accounting to CRM, Acumatica is an Enterprise Resource Management (ERP) solution that provides a full view of your company in real-time.
Best of all, you are charged by the resources your company needs, not by the number of users that access the system (like other ERP vendors do). That means that everyone in your organization can be granted access to the information they need for their role without incurring any additional expense to your business.
Let our experts evaluate your requirements thoroughly and recommend the right modules, processes, and automation, as well as determine if Acumatica fits your needs.