Wholesale Inventory software is crucial for wholesale businesses to gain a competitive advantage through the accurate tracking and tracing of stock. In today’s landscape, wholesale distributors need to strategically manage their supply chain processes, as well as improve access to accurate information, in order to get ahead.
A tailored solution
The challenges faced by the wholesale industry require a tailored solution, that is ERP software designed specifically for the wholesale industry. The right wholesale inventory software will allow you to take control of your stock by enabling the efficient management of:
- Pricing models
- Procurement
- Supplier management
- Customer quotes & ordering
- Supply & demand
- Stock availability
What to look for
When it comes to choosing the right ERP Software for wholesale businesses, there’s a lot to take into consideration. Knowing what to look for will help your business find a solution that will provide efficiencies to grow your business. When speaking with ERP Software for wholesale providers, ensure that they can provide the following.
- Customisation:
- Make sure that your wholesale inventory software provider will work with you to customise software to precisely fit your business needs.
- Consultation:
- In order to achieve sophisticated customisation of software that is practically applicable to your business processes, your provider will need to review and analyse your business to ensure both present and future needs are met.
- Implementation:
- The last thing you want is to be left to your own devices when it comes to the implementation of your all in one business management software. Look for a provider that will work with your team on-site during implementation to ensure that you get all the support you need and a smooth transition.
- Training:
- Your team will need to be sufficiently trained in ERP Software for wholesale and ideally this should be done on-site too for both front of house and back office staff.
- Technical support:
- Ensure that you have the technical support you need on-hand and within the hours that your business operates. Many of our clients find that having locally based support for wholesale business management software Queensland is advantageous.
The Importance of Integration
If you are a wholesale business currently using stand-alone accounting, warehouse management or other disparate software systems or manual processes then you will have limited control and visibility over your supply chain management and your business.
By integrating business processes and insights across stock control, account and sales you will enable the growth of your business. Some of the benefits of all-in-one wholesale inventory software include:
- Optimise stock levels
- Maximise sales growth
- Improve the end-customer experience
- Understand financial outcomes
- Integrate e-commerce
- Accept orders via multiple channels
- Integrate automated marketing activity
- Automated re-ordering (or smart ordering)
If you would like to talk to the Foresiight team about how to grow you wholesale business, then register for a call back and FREE DEMO today.