
What is dead stock inventory and how do you avoid it?
What is dead stock inventory? Why is it bad for business, and how do you minimise (and manage) dead stock?
Manage inventory with precision and optimize warehouse processes for efficiency in speed, cost, and control.
Improve collaboration, optimize purchasing decisions, and transform complex logistics into a strategic advantage.
Unlock real-time financial visibility, automate processes, and improve financial performance.
The all-in-one business management solution software ideal for manufacturers working across multiple entities and languages.
A complete business management solution tailored to the demanding medium-sized business user.
Ideal for global companies in the manufacturing, distribution, chemicals, and services industries.
"Today we're a well-oiled machine. We've grown revenue about 250% since I started in 2019, and I haven't had to add a lot of staff because we're automating everything."
Wholesale distribution software is a specialized enterprise resource planning (ERP) software, designed to manage the complex operations and processes involved in the wholesale distribution industry.
Wholesale distribution software streamlines functions such as inventory management, order processing, supply chain logistics, accounting, and customer relationship management, enabling distributors to operate more efficiently and profitably.
As a wholesaler or distributor, you likely deal with a high volume of transactions, complex inventory tracking, and intricate supply chain logistics. Dedicated wholesale distribution management and accounting software can help you:
By implementing the right wholesale accounting software, such as the innovative and powerful solutions from Sage, you can streamline processes, reduce costs, and improve customer service.
Accounting for distribution can be time-consuming and confusing because wholesale distributors often deal with accounting complexities like multi-entity management, inter-company transactions, landed cost tracking, and complex revenue recognition scenarios.
Cloud-based wholesale accounting software can dramatically improve accounting efficiency through features like:
Automating routine accounting tasks for distribution companies and gaining real-time visibility into financial data can significantly enhance accuracy, compliance, and decision-making.
Absolutely. Modern wholesale distribution software offers automation capabilities across the entire distribution lifecycle, from sales order entry and inventory replenishment to shipping and invoicing.
Features like barcode scanning, rules-based workflows, and seamless integrations can automate many manual tasks, reducing errors and boosting productivity.
Additionally, machine learning and AI technologies are increasingly being leveraged to automate functions like demand forecasting, route optimization, and predictive maintenance.
Cloud-based accounting solutions like Sage Intacct offer several advantages for wholesale distributors:
By embracing the cloud, wholesale distributors can benefit from increased agility, reduced complexity, and a lower total cost of ownership compared to on-premises systems.
What is dead stock inventory? Why is it bad for business, and how do you minimise (and manage) dead stock?
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