The supply chain can become very complicated for growing
The supply chain can either contribute to or eat away at already thinning profit margins of many distributors. For many wholesale distributors, the supply chain is complicated to manage, especially with specialty software or elaborate spreadsheets and file systems. Replacing inefficient software with more modern technology is necessary, but not all
Gain Visibility and Control Over Supply Chain With ERP
Distributors need full visibility across the entire distribution and retail network, up and down the supply chain. Communication and collaboration with suppliers is necessary for bringing new products to market faster and meeting customer demands. Innovative, cloud-based ERP provides business leaders with a comprehensive, integrated view of key data from sales to inventory to shipping. Role-tailored dashboards highlight real-time data for managers to use when monitoring inventory movement, customer buying behaviors and marketplace conditions. Shifting from a product-push orientation, for example, to a more demand-pull model will strengthen inventory control, reducing costs and improving lead times. Insight into these key areas supports data-driven purchasing and distribution decisions and can reveal new ways to improve customer services or other revenue-generating activities.
Leaders are able to customize alerts in ERP to automatically notify key managers of potential delays or other supply chain interruptions which impact production activities. Taking this more proactive approach enables managers to respond faster to common supply chain challenges. Dashboards, machine learning and other business intelligence features also help managers spot trends earlier so they can get ahead of potential problems and deliver a superior customer experience while protecting profit margins.
Wholesale distributors cannot compete effectively in today’s fast-paced marketplace when using inefficient, outdated software.