It doesn’t matter if you’re a multi-billion dollar organization with locations spread out globally, or a smaller company with only a handful of employees; if you’re in the distribution industry, you all face similar challenges. Whether you’re biggest obstacles comes in the form of high operating costs, a lack of timely information, or managing growth, modern distribution ERP software can help. In this article we’ll discuss the main drivers of ERP implementation among distributors, common benefits, getting more out of your current system, and how even smaller companies can use distribution ERP software to perform at a best-in-class level.
Financial analysis of your business is a complex and time consuming processes, but it’s critical to making sound financial and operational decisions. To be most effective, managers and executives must be able to quickly identify, isolate, and analyze data from across the organization. Having a modern distribution ERP software in place can make this process faster and less painful whether you’re currently using spreadsheets or an older ERP system. Here are just a few of the many ways distribution ERP software can make financial reporting faster so you can spend less time analyzing date and more time acting on it.
Extensive regulations are just another challenge distributor’s face in their daily operations.These regulations, while put in place for some very good reasons, can complicate processes, increase the cost of doing business, and result in serious problems when not adhered to. Distribution ERP has the tools and automation in place to make measuring up to strict standards faster, easier, and less expensive than with manual processes alone.
In the distribution world, running a generic ERP system and/or working with an ERP partner who doesn’t truly understand the industry is the biggest mistake you can make. As a distributor, you need a distribution ERP system and ERP partner who understands and considers the nuances of your business and has the expertise to support your unique processes. This of course is easier said than done; with so many partners and software options out there, how do you avoid making this big mistake and weed out the ones who truly understand your business? Consider the following: Continue reading