Managing your wholesale distribution takes a lot of work; there are many moving pieces and a lot to keep track of now. The distribution industry has become more sophisticated and more competitive than ever;now is the perfect time to implement a solution that will help you manage your business more efficiently and effectively throughout this year and many more to come.
Here are three types of software solutions we recommend to modernize your wholesale distribution business:
Inventory Management Software
Having a handle on real-time inventory levels is crucial for your business. When you have an intelligent inventory management solution in place, your business runs smarter. There is no guesswork involved –you know right away if you can fill an order or if you are lacking inventory. You can accurately quote prices on the go and in turn,quickly turn quotes into orders.Maintaining the proper balance of inventory ensures that your business is not storing excess inventory and affecting your bottomline. By implementing a data-driven inventory solution, you’ll access the key to increasing profitability while also creating happy customers–a win-win no matter how you look at it.
Electronic Data Interchange (EDI)
Implementing an EDI solution is extremely beneficial to your distribution business. Exchanging documents, contracts,and orders electronically not only eliminates the manual processes for your team members, but it dramatically speeds up your business cycle. EDI allows your business to efficiently transfer documents with enhanced speed and accuracy. Having an EDI solution in place also allows instantaneous visibility into your businesses transactions.
Cloud Data Backup
These days, data breaches and security risks are all too common. One of the most important things any business can do is to back up their data. The most secure and reliable way to do so is within the cloud. Having your data secured in the cloud will ensure your important information is always easily accessible no matter what the circumstances may be on site at your location.
NSA is here and ready to launch your distribution business ahead of your competition. If you’re ready to implement any (or all) of these solutions for your wholesale distribution business, allow our team to mobilize the best technology and talent for you. We’d be happy to explain the process and how it will positively affect your unique business. We look forward to hearing from you soon!