In the rapidly expanding world of modern wholesale distribution, business owners face many challenges. Between the need to meet ever-changing consumer demands and requirements, managing and growing complex and diverse product industries, handling supply chain fluctuations, managing and monitoring margins, and facing rising costs and reduced selling prices, there's a lot to manage.
An all-in-one wholesale distribution system provides you with complete visibility over your entire business, enabling business owners to meet complex challenges. It affords control and visibility of purchase orders, supply chain management, inventory tracking, warehouse management, plus packing and shipping. It also eliminates the need to re-enter data across multiple systems, reducing the risk of errors.
Here are the key benefits of all-in-one wholesale distribution software:
Business intelligence
For the modern wholesale distributor, business intelligence is key to understanding supply and demand. You need to have the right products at the right time in the right amount and the right price. Business intelligence allows companies to achieve greater visibility of their supply chain operations. It also gives you a greater understanding of market trends, enabling effective forecasting of future demand.
Accounting
Complete visibility of your financial business activities is key to managing and optimising financial processes including payables, accounts receivables, credit card processing and more. With powerful tools for budgeting, reporting, planning and analysis - you will be able to achieve full control over your financials.
eCommerce
Gain more eCommerce customers once you have a fully integrated system. Give customers access to their order history so they can view status, track their shipments, make modifications, and update their information. You can also process new orders, return and refund requests will ease, as the information will be feed into your core distribution software. It will help you create a smooth customer journey.
Visibility
Since wholesale distribution requires the ability to track a wide range of activities and products within your distribution network, visibility of this entire system is key. An all-in-one system provides this and allows you to stay competitive while improving productivity and enhancing your schedules.
Improved inventory management
Having an all-in-one system gives you greater control over your inventory management through automated tools that will enable paperless transactions and enhanced tracking. Integrate your productivity, performance and technological processes and align them with your company's goals and objectives.
Pricing and shipping
With many wholesale distributors offering multiple pricing options on the same product, depending on the number of units, the delivery timeframe, and various other discounts, an all-in-one system is ideal. It will grant you pricing freedom, full control over the decision-making process, aiding you in making those choices, and providing customer-specific prices. This enhanced organisation also allows for more effective shipping, enabling you to charge premium prices for a faster turnaround.
In summary
A modern all-in-one wholesale and distribution software system is easily accessible for all sizes of business. With software becoming more sophisticated, the implementation of a well-designed and fully integrated system is now a must for any wholesale business wishing to remain competitive. Improve your stock management, achieve greater data accuracy, manage your time more efficiently, and create better relationships with suppliers and customers, all while creating a highly flexible and scalable business, perfectly poised for growth.