The wholesale and distribution industry is becoming increasingly competitive and is putting pressure on companies to offer a more cost-effective service, quicker delivery times and a personalised and multichannel shopping experience – all whilst competing with the market leaders and distributor giants like Amazon. Here, UK-based OGL Computer looks at the benefits of ERP for both wholesalers and distributors and why ERP can be the key to future-proofing a business.
Demands from manufacturers are forcing companies to look at efficiencies, retailers are demanding a more responsive service and end user customers are looking for a multichannel, personal experience. Couple this with the uncertainty of trading in the UK after the political negotiations, the marketplace can begin to look bleak.
Successful, savvy wholesalers and distributors are tackling these challenges head on and embracing technology to drive their businesses to the next level. Investing and implementing technology is how wholesalers and distributors can remain competitive. Settling for outdated and manual systems is what can hinder growth and you’ll soon be left behind struggling to meet demands and customer needs.
ERP software is a solution designed to connect all key areas of a business, automate processes that use up valuable staff time and ultimately improve efficiencies and productivity. For wholesalers and distributors, ERP software can be vital in maintaining control of inventory and improving order processes, enabling a company to stay competitive.
In order to tackle the common challenges faced by the distribution industry, a business needs to have (and be able to continually monitor and improve) the 3 key, future-proofing business objectives: Control, visibility and efficiency.
Without control over stock and overheads, visibility of sales and company performance, optimum business efficiency in order processing, sales teams, purchasing, accounts and a warehouse, it will be almost impossible to grow and improve a business.
How will an ERP benefit a business?
An ERP solution connects the key areas of stock control, sales order management and customer service. These areas will always work better when they’re interconnected because it enables full visibility across the business. An ERP ensures stock control is connected to a sales department, finance team and purchasing so a smooth, streamlined order process can be achieved.
There are six main benefits of an ERP solution:
Having joined the magazine in 2012, Claire developed her knowledge of the industry through the numerous company visits, exhibitions and conferences she attended both in the UK and abroad.
Claire prides herself on keeping readers well informed and up to date with the latest industry news.