Are you a small to medium sized distribution business looking to implement, upgrade or transfer an existing ERP Software Solution?
Here’s a quick overview to industry challenges and enterprise resource planning solution issues facing, small to medium sized, distribution businesses. We’ll also explain how Microsoft Dynamics, configured for distribution, could tackle these challenges and support business growth.
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If your business is using an existing Distribution Software Solution to control your order processing, inventory, warehousing and financials, you may be asking yourself whether you now need an end-to-end business solution that can grow and evolve, to support your growth ambitions. Distribution businesses reach a tipping point where the tools that supported their business are now hindering their ability to act with agility and insight.
The good news is, there’s never been a better time to replace an enterprise resource planning (ERP) or customer relationship management (CRM) solution. In our experience, the four core board-level benefits sought from a distribution software solution are:
Productivity: time-saving integration, with swift access to all business data – from a single solution
Financial Control: enabling cost control and smarter buying decisions – opportunities for growth and re-investment
Business Insight: built-in business intelligence and reporting features – that puts data into context, to make swift business decisions
Mobility: connected anytime, anywhere any device – with real-time reporting and collaboration tools
The distribution industry is notoriously a difficult industry in which to remain competitive, particularly in the modern, globalised economy. Software such as Dynamics NAV, configured for distribution organisations, can be used to overcome common problems facing distribution businesses today.
Increasingly demanding customers requiring shorter lead times
Remaining competitive in a global industry
Decrease in the order to cash lifecycle
Lower profit margins and higher costs
Lack of visibility into your supply chain (the weakest link)
Poor order tracking and customer order management
Ability to identify emerging customer behaviour
Turning stock round quickly from order to dispatch
Lack of visibility to better manage relationships
No insight to negotiate better terms
Poor inventory controls – keeping your inventory lean / instantaneous stock reporting
No control of operational costs – poor buying decisions and increasing costs
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