Cloud ERP for Today's Wholesale Distribution Industry
ERP (enterprise resource planning) is essential for ensuring a dynamic wholesale distribution business. Today, the most reliable ERPs are hosted in the cloud. Cloud ERP is the modern approach to effective enterprise resource planning, offering a more flexible way to conduct and manage business processes. This solution can help a small or medium wholesale distributor discover its business potential, and reputable cloud ERP providers designed its software with that goal in mind.
Businesses that belong in the wholesale distribution industry are likely to face similar global challenges as any other enterprise, but they have needs that are unique to their industry and individual markets. Hence, they require a fully functional and highly flexible distribution software. Conventional software tends to be expensive to develop and implement; luckily, there are cloud and SaaS service solutions that are more cost-effective and flexible in the long run. Modern distribution systems can manage pricing, sales ordering, billing and sourcing, shipping, and other important tasks so that all business processes become streamlined and all information is in a single secure location.
Cloud ERP solutions deliver accurate information in real-time, so any situation that requires immediate attention can be identified earlier and addressed promptly to avoid further issues. A solution that is built for wholesale distribution can help you balance the challenges that are common to your industry, such as meeting the fast and ever-changing customer demands and requirements.
Wholesale distribution cloud ERPs can be useful in managing and growing complex and diverse product inventories, as well as in managing and monitoring margins when faced with higher costs and lower selling prices. Likewise, it can help you deal with variation and fluctuation within the world supply chain and address channel disintermediation. When you overcome these challenges, you can increase your revenue and gain market share. The right cloud ERP should enable collaboration by means of sharing information, so everyone concerned can make intelligent and informed decisions faster. This way, your business can gain an edge in the competitive industry.
ERP is all about fixed assets, inventory, and human resources, all of which are among the biggest investments a wholesale distribution company will ever make. The right platform will make it easier to manage all those resources, so you can have more control of your business, empower your people more effectively, and capitalize on the strength of your company. A reliable and flexible cloud ERP platform should help your business grow and become more profitable when it lets your staff work anytime, anywhere.
About the Author:
Ray Rebello, the Director of Product Marketing, Acumatica shares his valuable inputs on the effective use of cloud accounting software and enterprise resource planning. Acumatica.com is a leading provider of cloud business management software that delivers fully integrated applications such as Financials, Distribution, Manufacturing, Project Accounting and CRM. In our interconnected world, Acumatica’s highly functional and flexible SaaS solutions enables customers to take full control of their business at anytime, anywhere and on any device.