Wholesale distribution companies need to be agile if they want to keep pace with technology advances and customer expectations. The same principle applies to your business solution providers. No matter if you operate in B2B or B2C, you need a complete ERP solution to manage your wholesale distribution business.
NetSuite has been a leading cloud-based ERP solution for wholesale distributors. Designed with modern and global companies in mind, NetSuite offers a flexible and customizable method powered by real-time data. Here are five key reasons why NetSuite is the ideal ERP system for modern wholesale distributors:
1. Unified Omnichannel Commerce
Wholesale distributors need to be able to sell their products consistently through multiple channels to make it in the modern economy. NetSuite’s solution can handle all sales orders from every channel, no matter if the sale is entered manually, imported through eCommerce, or sent by partners through portal offerings.
NetSuite provides you with real-time inventory visibility and a 360-degree view of the customer, which bridges the gap across channels for a unified shopping experience. When you streamline the transaction process and deliver a personalized customer experience, you create more satisfied and more loyal customers.
2. Easily Scalable Platform
For most companies, NetSuite provides the ability to grow, acquire additional locations, and scale without any limitations. Because NetSuite’s platform is entirely cloud-based, it can expand or contract depending on your business needs. As market trends evolve, your ERP solution should evolve as well to match business volume growth and global growth.
Due to its scalability, NetSuite is popular among both large distributors and small and medium-sized enterprises. When you can adapt your solution easily and quickly, you never have to worry about outgrowing your existing software.
3. Single Source of Data
With NetSuite, all of your business’s operational and financial information is in a single system. This system updates with real-time data, no matter if you have one local store or 500 international warehouses. From CEO to receiving clerk, everyone in your company has complete and role-relevant data on availability, commitments, and inventory position.
Since all your business data is inside a single system, your staff does not have to waste time sending spreadsheets back and forth, which creates inconsistent and outdated data. Instead, they can confidently access relevant information they need online with up-to-the-second data. Additionally, with accurate merchandise data, your business can achieve the perfect product assortment, avoid stock-outs, and tear down inventory silos.
4. Simple Workflow Automation
NetSuite helps you automate workflows to manage internal business processes such as journal entries, purchase order approval, or sales order approval. NetSuite can also automate the onboarding process for new employees. With automated workflows, you can eliminate manual processes entirely.
Some key benefits of workflow automation include faster order fulfillment, faster data exchange, and more accurate inventory reports. With NetSuite’s simple point-and-click interface, you can build custom business processes, optimize eCommerce operations, and integrate different systems.
5. Flexible Software Platform
NetSuite can be quickly implemented as a vanilla ERP or best-practice ERP system, or it can be scaled and customized to fit the needs of large enterprise companies.
For modern wholesale distribution businesses, NetSuite is a complete end-to-end solution that handles just about everything, from accounting to CRM to eCommerce. Not only is NetSuite a flexible software platform, but it also receives regular updates so the application can scale and evolve along with your company’s specific needs.
How We Can Help:
Even with an award-winning ERP solution like NetSuite, you still need a knowledgeable team to implement it. That’s where we come in. As a NetSuite Partner with over 35 years of collective experience, Kodella knows what it takes to deliver a complete, end-to-end ERP solution tailored to the needs of modern wholesale distributors. Contact our team now!