How a team spends its day is indicative of how well its systems work. If team members are always fixing problems or finding workarounds, they’re not focused on the things that help the business grow and meet or exceed industry and customer expectations. With a NetSuite ERP system implementation, parts distribution businesses can find benefits in many areas. The following three are critical.
1. Gain supply chain visibility
It’s no secret that supply chains have been struggling the past few years, but with the right systems in place, businesses can react and plan accordingly.
A NetSuite ERP system offers visibility across the supply chain, allowing parts distributors to connect with manufacturers and customers that use similar systems. When these systems can talk to each other, parts distributors gain insight into production and logistical timelines and make adjustments as needed.
Customers are likely to trust that when they need a part, a distributor that has the ability to anticipate and adjust can make it happen.
2. Verify industry and customer compliance
A robust ERP system can help parts distributors meet the demands of customers that require a high level of compliance with industry regulatory agencies.
A NetSuite solution offers visibility into the entire inventory, employee efficiency, and much more. For industries that require distributors to maintain a certain level of inventory, those numbers are available within seconds because of the automation capabilities of a NetSuite ERP system. When industries need items to be shipped within two days, or when fines are looming over late shipments, the solution will show whether a team is staffed to meet demand.
Regulations are an important issue for many industries, and the ability to maintain compliance and help customers do the same is key.
3. Meet customer demands
Because of recent system adoptions across industries, automation has allowed customers to receive order updates without much effort.
Distributors of all kinds are using ERP and customer relationship management systems to stay in constant communication with their customers. People are used to getting confirmation emails, order updates, and delivery notifications. The same level of insight can be given to customers of parts distributors with NetSuite automation capabilities.
Some customer agreements might require complete visibility into a parts distributor’s processes, and the interconnectedness that a NetSuite solution offers can make that a reality.
