Gain stock visibility and control with Wholesale & Distribution software.
Wholesale and distribution ERP software provides a range of intelligent applications tailored to the industry which covers all areas of the business including Finance, Supply Chain Management, Sales, Marketing, HR and Project Management. However, many wholesale and distribution companies struggle to effectively manage and optimise their warehouse operations in order to become more competitive and more profitable. Effective stock management is the key to gaining visibility and control throughout your warehouse.
Reduce costs and improve planning with stock forecasting
Using historical data and machine learning capabilities, stock forecasting and planning becomes easier than ever before. This insight gained through data allows far greater accuracy in predicting future stock demands throughout different periods of the year. Trends and patterns can be identified to ensure popular line items are fully stocked before peak periods in order to optimise and execute fulfilment. Staff resources can also be optimised based on the same demand patterns and trends to ensure you always have the right amount of people needed.
Being able to better predict stock forecasting ensures a reduction in costs across all items within your warehouse. This is achieved through more optimised stock levels that do not hold too much stock for that given period, allowing for less ‘dead stock’ to be left with no one to sell it to. Better forecasting and planning also ensure that items are there when you need them.
Improve customer satisfaction with Stock Level Visibility & Control
Stock visibility and the capacity to control stock is vital in ensuring a connected and successful wholesale and distribution warehouse. Real time data provides live visible insights in dashboards tailored to individual users at every level in your organisation including CEO’s, Directors, Managers and Operators. This helps each staff member make well informed decisions throughout their daily operations.
Wholesale and distribution ERP software allows dynamic control over stock by tracking stock movements throughout multiple sites at any given time. This ensures 360-degree visibility throughout your warehouse and provides accurate and real-time updates as they happen. This ensures a reduction in fulfilment errors, which ultimately improves customer satisfaction and an increased profit margin. Stock inventory can be managed strategically to ensure sufficient quantity levels and optimal storage locations to ensure streamlined logistics and delivery.
Syscom provide wholesale and distribution ERP software which help you to gain stock visibility and control. If you’re interested to find out more get in touch with us today.