To have a thriving wholesale distribution company, you have to have the right mix of inventory at the right time – and always find ways to be more efficient. While you may be hesitant about shifting your focus to setting up ERP software, you may be surprised at just how much of an edge it will give you over other wholesale distributors.
As your business grows, instincts and experience won’t always be enough to get your inventory balance right. When you can aggregate data in just a few clicks and make decisions based on sound facts, mastering the flow of inventory goes from being a guessing game to a powerful (and profitable) science.
We would all love to deliver every customer’s sales order on its required shipping date without any hiccups along the way. But even the best-managed wholesale distributors run into unanticipated problems – like unexpected detention fees or confusion about inventory ownership based on specific Incoterms.
While you can’t prevent every issue, you can be prepared to respond to it with ease and speed when you have an ERP system already set up to respond. This takes the pressure off your staff as well, as they’ll have fewer fires to put out and have the tools to extinguish issues faster.
Crowe has already developed several solutions within NetSuite to address the challenges and barriers to growth for our wholesale distributor clients. We can do it for you, too, in less time than you might expect.
Interested in invoicing more efficiently, or navigating customs, or optimizing freight and outbound loads? These are all tasks that can be automated and done more efficiently once you have the backbone of ERP software. We can help walk you through all of the ways you can further use NetSuite to automate your least favorite and most costly tasks.
Once you have the ability to drive a transaction through every stage of the process in one system, the possibilities for growth multiply. With the warehouse managed automatically and inventory under control, you can shift your focus to your growth strategy.
At Crowe we have worked with several companies who wanted to fine-tune their ERP software for wholesale distributors, to better fit their business needs. That means we can install features like automatic inventory transfers, vendor bill consolidation, consumer notifications, and fulfillment strategy – just to name a few – right out of the gate.
