Our free guide will help you overcome your distribution management challenges.
Sage Business Cloud X3 is your road to success.
Business growth and efficiency can be tough, especially for distribution companies that have to balance inventory, forecasting and logistic processes with sales, customer service and everything in between. Luckily, this is where a powerful, easy-to-use solution for enterprises can help.
The complexity of wholesaling presents major business challenges such as huge product inventories, narrow margins, diverse downstream customer requirements, long lead times and unpredictable supply.
Mobility, both in the warehouse and out on the road, is one of the major trends affecting your industry. Without it, your team can end up being tied to a computer terminal or wasting a customer’s time in the field. Your business cannot afford to be left behind.
Distribution businesses will not make a profit or survive if customers are left waiting because products are out of stock. Managing inventory is a constant balancing act to match demand to stock levels. Getting it wrong could be disastrous leading to lost sales, too much cash tied up in excess inventory and damaged customer relationships. Fixed assets also have to be kept as low as possible as they represent a significant cost in the annual financial statements and achieving this involves increasingly complex calculations.
How many units were shipped last month? What is your most popular item? Who is your best customer? Which warehouse sees the most turnover? For distributors still using disparate legacy systems like spreadsheets and homegrown databases, getting answers to these questions in an efficient and timely way can be extremely difficult.
Many manufacturers and distributors are on the right path to overcoming challenges and achieving the benefits of sustainability.
The Circular Economy is growing in importance for the environment, as well as for shareholders, customers, and supply chain partners.
This CIO-Sage report will discuss opportunities and challenges surrounding the Circular Economy, with expert advice to help advance your sustainability.
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