Digital transformation in the distribution industry

By | Acumatica Cloud ERP, Distribution / Supply Chain, ERP | No Comments
digital transformation distribution

Your ability to use data will rely on your ability to digitize, gaining the speed, reliability, and control you need to take on advancing competition.

Distribution is a tough business. High levels of competition, shrinking margins, and higher expectations make it easy to feel the pressure. The supply chain is changing and with this, so is the market. And guess what? You’re right in the middle of it.

Remaining competitive in distribution will rely on a variety of tactics and strategies, but if you’re looking to get and stay ahead, you will need to transform your business and find new ways to use data, analytics, and engagement.

For the distribution industry, whose members are already pressured by competition from everyone ranging from traditional competitors to firms including Amazon and Wal-Mart, your ability to use data will rely on your ability to digitize, gaining the speed, reliability, and control you need to take on advancing competition.

What is digital transformation?

One of those phrases that has gotten thrown around a lot in recent years has been the term “digital transformation.” A term that could include anything from going paperless in the office to a complete overhaul of the way your business operates, it all starts with understanding how to apply technology—something we discussed in a recent blog.

In the blog, we used definitions from Technopedia, finding that

“Digital transformation is the changes associated with digital technology application and integration into all aspects of human life and society. […] Digital tools and technology are changing how people interact, and in turn this changes how people do business. […] In a more business-related aspect, digital transformation refers to how a company has or is transforming its core business processes using digital technology in order to gain competitive advantage and gain differentiation in its market segment.”

However, there are also challenges for companies in every industry, as too many leaders think it’s both a standard process and a metamorphosis, and that they will walk into work one day with a ‘transformed’ business. This is not the case. Digital transformation not only differs from industry to industry, it differs from company to company.

Early steps for distributors looking to transform

Knowing this, it is helpful to find a starting point and early steps, including the process of identifying where you stand, what technologies you currently have, where you hope to be, and what actions you will need to take to get to your ideal state.

Knowing where your distribution firm and your supply chain stand

As mentioned above, digital transformations are happening at different levels across all industries. As the company who often connects manufacturers or other suppliers to retailers and in turn end users, you have watched both sides adopt new digital technologies in their own ways. While this has likely changed the way you’re working with them, your competitive advantage will be built on your ability to embrace the changes they have put on you.

Addressing this will require you to take a hard look at your current business practices, technologies, and understand how you will fit into the supply chain.

Looking at your technology stack

From the c-suite to the ground-floor employees, every team member should understand why adopting digital technologies, cloud ERP software and emerging technologies (e.g. IoT, AI, robotics, next gen security), is absolutely necessary for being able to exchange data across the organization. This information can then be used to make strategic, effective decisions, meeting modern expectations from across the supply chain, and innovation.

A solid technology foundation and a clear digital strategy—which includes asking the right questions, setting clear goals and the steps to achieving them, getting input from people throughout the organization, and providing ongoing informational and training sessions—will keep the transformation moving forward.

Understanding what you will need

The digital changes also provide a window for distribution companies to rethink business models. Companies need to consider whether they will become disruptive players or are at risk of being disrupted by upstarts or competitors.

For distribution companies, this starts with being able to understand your products better. How did they get there, where are they, and how do you get them to your customers? What’s profitable? How can we do something faster, cheaper, or better than our competitors?

As we discussed in an earlier blog, there are four key components to making a digital transformation a reality: cloud computing, mobile technologies, the industrial Internet of Things (IoT), and data analytics.

Making your move: Acumatica Cloud ERP delivers for distribution

Distribution management is Cloud ERP software that helps companies manage their supply chain and logistics activities, including warehouse management, inventory management, and order management (sales and purchase orders), and integrate these activities with the company’s financials and sales. With Acumatica Cloud ERP, distribution companies can leverage technology that empowers them, improving everything from cost control to order times, supplier relationships to customer satisfaction.

As a leading provider of Acumatica for distribution, NexTec can customize, implement, and integrate the solution, training your users and setting you up for success in a digital world. Get to know more about our work and contact us for a free consultation.

ERP solution

Streamline supply chain management with a ERP solution

By | Distribution / Supply Chain, ERP | No Comments
Woman looking at a tablet and using a calculator.

Enterprise resource planning solutions allow for integrated supply chain management, with access to data and insights across devices and platforms.

Imagine a production environment where your supply chain partners can see data, trends, and patterns. Imagine those same partners being able to recommend solutions and improve sourcing, procurement, and transportation. Imagine standardized processes that optimize workflows and allow for more efficiency and profit margin.

With the right enterprise resource planning (ERP) solution, the imaginary can become the reality. As seen in the recent post, Strategic Guide to Planning Manufacturing Production CyclesERP platforms offer the chance to integrate new technologies, collaborate internally and externally, and drive productivity.

Enterprise resource planning software brings together myriad systems and data sets in one space. By combining operational functions with those involving supply chain management, warehousing, procurement, and transportation, operations become dramatically more efficient. When combined with back-office functions such as human resources, finance, sales, and marketing functions, the transformation of the business takes on new dimensions.

It’s evident that to streamline supply chain management with a ERP solution makes sense. But what are the specifics when it comes to supply chain transformation and ERP platforms?

Response to Customization

Today, manufacturers face the challenge of customers expecting customization of products and a broad assortment of options. Customers also expect these customizations to come with short cycle times and rapid delivery.

On the consumer side, tastes and preferences are evolving rapidly, with global perspectives, cultures, preferences, and tastes influencing shopping and consumption worldwide.

A manufacturing ERP software solution provides the large amounts of product data that can be displayed in matrices, dashboards, and reports that provide deeper analysis and understanding that can be shared across the supply chain. The ERP system can provide the tools for accurate and rapid assortment and distribution of various products.

Process Standardization

ERP tools can consolidate and display data taken from different sources, locations, and systems. The integration of this data breaks down internal silos by democratizing the display, access, and use of that information among employees and partners. Standardized data allows for standardized processes that ensure that information, materials, intermediate products and final products through production quickly and accurately. Standardization reduces and eliminates the amount of manual work needed between systems, reducing production schedule times and creating more accurate outcomes.

Standardization of data and processes also allows for more consistency, reducing errors, wastage, and rework. Products are completed at higher grades and quality considerations.

person using a tablet with the words supply chain management displayed.

Supply chain management reporting and insights can be shared across internal and external partners with the use of ERP solutions.

Integrating IT Systems

Different IT systems among supply chain partners and internal departments can slow down operations dramatically. ERP solutions are designed to pull data from different sources and integrate that data with outside information.

Automation for Efficiency

ERP solutions provide for far better operational efficiency. Mix rates, recipe management, production scheduling, maintenance management, inventory control, and scheduling can be rapidly developed and executed using automation tools that keep the supply chain moving. The mundane manual work can often be streamlined and done more efficiently.

Measurement and Assessment

ERP solutions allow for accurate measurement and reporting on supply chain processes, efficiency, and execution, from procurement to warehouse to transportation functions. ERP tools allow for reporting and display of performance in real time, allowing for immediate adjustments to improve performance.

Role Definition

An ERP system can assign access roles and responsibilities to allow for employees to act on information and insights throughout the supply chain. Management of the supply chain can also become more transparent with an ERP solution that allows for clear delineation of responsibilities.

At NexTec, we help companies select and implement an ERP solution that fits their supply chain and operational needs. Contact us to see how NexTec can provide insights into the vendors, products, and features that will transform your supply chain management.

shipping container

4 challenges facing distribution

By | Distribution / Supply Chain | No Comments

As we barrel down the highway heading for the third decade of the not-so-new millennium, the impact of the digital reformation is making a huge impact on the industries of manufacturing, transportation, and distribution. Known for being industries that are traditionally slow to embrace change, the entire supply chain is learning to leverage the modern improvements and conveniences of cloud computing, mobile technologies, connected devices, and software for distributors. What challenges face distribution as we draw closer to 2020? How can technology help address those challenges? Here are your answers.

1. Supply Chains are Becoming More Complex & Less Visible

Any breakdown in the supply chain anywhere in the world can derail your ability to make on-time delivery and satisfy your customers’ demands.

The layers upon layers of suppliers and middlemen are growing rapidly. Each layer of supply and demand adds complexity while reducing the ability to achieve visibility into the supply chain.Most distributors admit to having very little visibility into their supply chains, even as tools for tracking and communicating with suppliers get richer in functionality and more reliable. A single breakdown in any layer of the supply chain can upset the entire industry — isn’t it time you got software for distributors so you can control your company’s destiny?

2. Customers are Less Tolerant of Delays

You’d think that in an era in which complexity is compounding by the day, customers would become more accepting of inevitable kinks in the process that lead to delays in distribution. However, B2B customers have quickly grown accustomed to the immediate, almost infallible service of tech giants like Amazon, and aren’t readily accepting of anything less than 100 percent reliable service, 100 percent of the time. That means distributors are forced to improve on multiple levels. In addition to being able to assure on-time delivery, distributors must provide superior customer service, predictable quality, and even take on the responsibility of making extraordinary product recommendations that reliably delight their customers.

3. Technologies are Addressing Needs Across the Supply Chain

The good news is, distributors now have the technology they need to help meet these rises in demand.

Though demands on distributors are indeed growing, the technologies available to meet those stringent demands are also maturing and becoming more potent. Along with more powerful software for distributors, there are tools like GPS devices to track fleets, automation tools to streamline and simplify processes, and paperless warehousing solutions that reduce errors, improve productivity, help manage inventory, and even lower labor costs. Without these and related technologies, it would be difficult or impossible for distributors to keep up with increasing demands.

4. The Supply Chain is Migrating to E-Commerce

Just like buyers take to Amazon and eBay to buy their laptops and gym bags and books, they’re also learning to leverage e-commerce for their business-related buying needs. B2B buyers are shopping and buying online, meaning that it’s essential to have a functional website (more than just a storefront window), customer portal, and other online presence.

Do you have the right software for distributors and other tools you need to succeed in the age of technology? Contact us today so you can prepare for the distribution environment of tomorrow.

distribution KPIs

Distribution: Key metrics/KPIs for distribution

By | Acumatica Cloud ERP, Distribution / Supply Chain, ERP | No Comments
Distribution KPIs

Whether you are trying to see where you are or where you need to be, there are many types of KPIs you need to track when it comes to your distribution firm.

“The most valuable commodity I know of is information.” This quote from Wall Street’s Gordon Gecko, while not used by a moral or righteous character, is something that holds true for every business. Information matters, and no matter your industry, your ability to turn data into useful information is something that determines your success or failure now and in the future.

Unfortunately, with more and more data to measure and manage with each new supplier, customer, and product, it becomes harder for today’s distribution firm to get meaning from it.

In a world where too much data can be worse than having too little data, financial professionals often get buried in reports that they miss the important details and trends that indicate where the business is and where it’s heading.

Key performance indicators: The right information for each situation

As a finance professional, you abide by GAAP. You can answer the basic managerial needs—profit and loss, cash flow, inventory turns, and the like. However, there’s more to your business than just being able to measure necessary information and generate reports. This is where key performance indicators, or KPIs, come into play. These represent a wide variety of measurements unique to a specific industry, that can unlock the true health of a business and uncover previously unknown opportunities or challenges that traditional reporting measures fail to address.

Managing and tracking these, however, presents challenges with an ever-expanding pool of data. While new technologies such as the industrial internet of things (IIoT) present new levels of visibility, they also create more sources of data you need to track, often requiring finance professionals to spend more time trying to distill it into something useful.

Types of KPIs

Whether you are trying to see where you are or where you need to be, there are many types of KPIs you need to track.

Financial vs. Operational KPIs

Among the most common, as well as the easiest to track and understand KPIs are financial, as this is the most common language of business decisions. Common financial KPIs in every industry monitor sales, costs, margins, cash flow, and asset utilization.

However, for product-focused businesses like distribution in which relationships and reputation rely on on-time shipments and inventory availability, operational measures come into play. These metrics are inherently non-financial, but play a major role in the present and future of your business: transportation schedules, inventory, on-time delivery, backorders, customer service and more.

Historical and Predictive KPIs

In addition to this, KPIs can tell you not only where you’ve been, but where you are or may be heading.

Historical KPIs can be set up with alerts and warnings that monitor and detect exceptions, calling attention to issues or “push” alert messages sent via email or text.

On the other hand, predictive KPIs can make it easier to see where you may be heading at a glance. Leveraging internal and external data, these can help you order smarter and plan for where you need to be. Predictive KPIs for distribution may use economic indicators, demographic trends, or specific industry indicators.

The basics: Three things to track closely

When it comes to your distribution firm, it pays to know which items are being ordered, how fast each item is being shipped, and which items are profitable, with each of these accessible in real time:

  • Inventory turnover ratio: Shows the current status in the familiar ratio format as well as some key indicators that a purchasing manager might want to watch like open POs and purchasing trends.
  • On-time shipping ratio: Compares the on-time shipping performance for different warehouses, items, and trends. For example, are your warehouses getting better or worse at getting items shipped on time? Is it location-specific or systemic?
  • Profitability by item: Savvy distributors are well-advised to periodically review the relative profitability of customers, markets, channels and products as they formulate sales and distribution plans and budgets to optimize overall business plans and strategies. Being able to slice and dice information to see exactly who and what is profitable is a necessity.

Going further: More than out-of-the-box KPIs

Distribution ERP should be able to deliver these out of the box, but once you get comfortable, your business serves to benefit from finding relevant and customized KPIs, making it easy to generate new reports without a ton of additional labor. Out-of-the-box is one thing, but your system needs to be flexible enough to handle it and usable enough for each end user to generate reports without much extra coding.

Free guide: Selecting and utilizing KPIs that matter for your business

In a recent whitepaper, Acumatica explored even more about the KPIs for distribution companies, discussing how the right measurements can deliver a clearer picture of your business with less effort.

In “Key Performance Indicators for Distribution,” you’ll learn:

  • What historical and predictive KPIs can tell you about your business.
  • Which three distribution KPIs to track most closely.
  • Why out-of-the-box KPIs aren’t enough to improve performance.
  • How to systematize your KPI process.
  • The ideal number of KPIs to track on a daily basis.

Finding a distribution solution for your business: Get to know NexTec

NexTec Group specializes in helping a wide range of distributors to get what they need and want out of the solutions they use. No matter what unique focus your business has, we have the experience and expertise to deliver what you need. Get to know more about our work with Acumatica, read customer testimonials, and contact us for a free consultation.

Additional distribution resources

ERP and Business Intelligence in the distribution industry

Multi-warehouse woes: challenges in maintaining visibility

Distribution: How to control cash flow alongside product flow

Distribution Cash Flow

Distribution: How to control cash flow alongside product flow

By | Distribution / Supply Chain, ERP | No Comments
Distribution Cash Flow

Recent advancements in technology have empowered businesses to do more, leveraging tools that allow them to reshape and realign the accounts receivable (AR) and accounts payable (AP) functions and shared service center business processes.

Your job as a wholesale distribution business is to ensure product gets from your suppliers to your warehouses to your customers. An industry known for tight margins and high expectations from both customers and suppliers, everything in your business needs to flow.

While inventory is one part of this, something we discussed in our article on inventory control and fulfillment, it’s not the only element of your business that requires tracking and management, because with the movement of product comes the movement of money.

One of the oldest and most fundamental requirements for any business

Controlling the way that money flows into and out of your organization is a constant challenge, one that impacts your relationships with suppliers, reputation to customers, and ultimately your ability to generate profits now and in the future.

A process left largely unchanged for decades, recent advancements in technology have empowered businesses to do more, leveraging tools that allow them to reshape and realign the accounts receivable (AR) and accounts payable (AP) functions and shared service center business processes.

Three goals for improving money flow at the distribution business

For the distribution business, this means that there is a continued push to break down silos, embrace data analytics and business intelligence to improve decisions, and ultimately connect adjacent business functions to increase speed and decrease back-office costs. With the right processes and technologies in place, you can deliver the following benefits:

Break down silos

One of the biggest challenges for any company’s cash flow is siloed data. Not only do you have to combine the way money flows into and out of your organization, you need to align this information with adjacent functions as well. Treasury management, procurement, tax management, and so much more—if people have to spend hours or days just making sure the bills are paid using spreadsheets to connect data, your finance team is operating without the visibility they need.

With each additional location, currency, supplier, or even SKU you add, the time it takes to do even the bare minimum increases.

Connect systems

While there are many reasons silos exist, one of the most common symptoms is lack of integration. Too often, an organization’s back-office infrastructure resembles a “hair ball” of point solutions that talk to each other sporadically, if at all. “How much does my company owe to its suppliers?” “How much do my customers owe?”

The right technology not only allows you the ability to connect workflows to break down silos, it also provides you the right information when and where you need it by providing additional control over information flow and workflows.

Automate business processes

Whether it’s quote-to-cash, revenue recognition, or paying invoices, your distribution needs to make speed and accuracy a priority. Sadly, there are still thousands of companies of all sizes with manually driven workflows for some aspects of AR and AP. Held back by manual processes and emails, too many businesses lose sight of the big picture.

Paired with improved workflows and technologies, distribution businesses face an automation imperative that can only come when you can identify and rectify areas for improvement.

Curing your distribution firm’s cash flow woes with Enterprise Resource Planning

In order to bring together their operations, many businesses have looked to embrace modern technologies that can break down silos, provide a hub for connecting data, and automate traditionally manual processes in AP, AR, and more. As AR and AP are changing from serial processes and exception management to workflows with continuous audit and compliance, addressing the challenges will be a top priority for distribution firms in 2020 and beyond.

Enterprise Resource Planning applications have grown to deliver more and more certainty for distribution firms, who now leverage the cloud to connect various applications and create workflows that work. A recent IDC Marketscape report looked to address the role of ERP in AP and AR operations, noting the challenges your distribution firm may experience in connecting processes into a shared service center and comparing vendors on their ability to deliver. We invite you to read this informative report for free here.

Delivering on the cloud ERP benefits: NexTec and Acumatica Cloud ERP

For the growing distribution firm, you have many options—not only for the solution you choose, but the partner who takes you there. At NexTec Group, we understand the challenges your distribution firm faces and know how to help.

With more than a dozen locations and nearly a quarter of a century of experience in the distribution industry, you will be in good hands. No matter how large you are or complex your needs, we would love to help. Let’s get in touch.

Additional distribution resources

How Acumatica data-driven insights help distribution businesses

Features to look for in a distribution management system

Rise of the Smart Factory: Implications for Distribution and Logistics

Woman warehouse employee with tablet and headset.

Distribution businesses need more than an ERP: Sage delivers

By | Distribution / Supply Chain, ERP, Sage X3, SOFTWARE | No Comments
Woman working in a warehouse.

Better distribution management software helps drive efficiency and better workflows throughout the organization.

Distribution companies need solutions that allow for accelerated supply chain processes, cost control and operational efficiencies. Staying competitive means using more than an enterprise resource planning (ERP) product.

Your business needs distribution management software that allows for better logistics, operations and inventory control. Sage X3 delivers a faster, more flexible and more comprehensive approach to distribution management. As a single, scalable solution, Sage X3 delivers the tools, analytics and functionality your distribution company needs to gain a competitive advantage.

See why distribution businesses need more than an ERP. Sage delivers and solves your most pressing business challenges.

What can Sage X3 do?

Distribution management is about eliminating complexity throughout the supply chain. Many distribution companies face significant challenges related to:

  • Uncertain supply
  • Shifting customer requirements
  • Decreasing margins
  • Enormous inventories
  • Reliance on manual tasks
  • Long lead times

Here is how Sage X3 addresses those business issues:

  • Increased visibility. Use the Sage solution to analyze all aspects of your business, including inventory, promotions, past purchases, quotes and conditions in real time. Real-time analytics, alerts and notifications give you enhanced ability to respond quickly to changing market conditions and customer expectations.
  • Better workflow control. Use data transparency and a single source of information to transform your workflows. Connecting and accelerating the flow of information among sales, financials, warehousing and purchasing gets everyone on the same page. Create more efficiencies by using a shared understanding of costs and margins, resulting in more revenue, streamlined sales processes, better inventory accuracy and improved business and demand planning.
  • Improved operational efficiency. Too many distribution companies are still using spreadsheets, unconnected databases and paper to manage their operations. Gain more efficiency via real-time access to details from pending sales to inventory changes.
  • Scalability. As distribution companies grow, operational insights become more challenging. With a cloud-based Sage solution, companies can scale easily as business evolves.
  • Modernization. Companies are often reluctant to migrate to new technologies, leaving them stuck using legacy systems that are inefficient and are not integrated. Sage X3 provides an integrated solution to reduce costs for maintaining and patching older systems.
Warehouse employee typing on a desktop computer.

A recent study found that a typical Sage Enterprise Management can save on labor, customer service and inventory costs.

The business impacts of Sage Enterprise Management

In 2018, Forrester Consulting analyzed Sage customers’ business results to create a profile of a typical, composite organization using Sage X3. The composite company is one that operates as a global midsized enterprise and has used the Sage solution for three years.

Forrester found that the impacts of using Sage are:

  • 4.1 FTE positions saved
  • 2,600 hours in customer service issues saved
  • A 10 percent reduction in inventory levels
  • $1.59 million in financial benefit
  • A 237 percent return on investment, with a payback period of four months

Choosing Sage X3 is a smart choice for your distribution company. At NexTec, we help companies migrate legacy tools to Sage, providing the expertise to ensure a seamless transition that lets your company gain the competitive advantage it deserves.

See how NexTec can tailor your Sage X3 to your needs.

Additional distribution resources

6 ways food and beverage manufacturers use digital tech for recall management

How to create 2019 costs in Sage X3

ERP and Business Intelligence in the Distribution Industry

ERP and Business Intelligence in the distribution industry

By | Acumatica Cloud ERP, Dashboards and KPIs, Distribution / Supply Chain, ERP, Warehouse management | No Comments
ERP and Business Intelligence in the distribution industry

The right ERP solution for distribution is essential. Pair it with a BI solution and you can get that bird’s eye view you need to make your business really shine.

Your warehouses, inventory, and business generate a lot of data. When all this data enters your supply chain, it can quickly overwhelm both you and your vendors. Unfortunately, for distribution businesses whose success relies on their ability to deliver products to customers in a timely manner, a mountain of data can harm visibility, reduce timeliness, and ultimately slow the business to a halt.

To solve the problem, you need to have the right tools and skilled data analysts to guide your data through the system in a way that makes decision making easier and decisions smarter. Distributors that turn to dashboards, analytics, and business intelligence (BI) software integrated with ERP and other key internal systems are able to unlock the secret value hidden in their data and make wise choices based on what they learn.

The many benefits of BI for the distribution industry

Business intelligence brings together a wide range of data from a wider variety of sources. Those in distribution know first-hand how difficult it can be to combine sales, finance and invoicing data from multiple warehouses, vendors and partners. BI software can help solve the problem by pulling the data together so that it is easily accessible and makes sense.

Link your BI software with your ERP software and you have a tool that can help you make instant and powerful changes that will put your business on the path to greater success.

Here are 3 key benefits to combining BI with ERP software.

1. Better planning and inventory management

A powerful inventory management solution is key to maintaining stock, planning for variability, and minimizing inventory costs. But if the people running your warehouse aren’t “data” people, you may never know how well your inventory is being managed.

Enter business intelligence. Rather than forcing these non-financial people to adapt and adjust to the complexities of an ERP solution, you can provide information at their fingertips with customized dashboards and readily available insights. Dashboards can be customized by role, by user, or by position and keep the people on the front lines informed in real time.

By making data more accessible, accurate, and understandable, you can improve planning, ordering, and much more. Get to know more about the benefits of integration and its role in managing complexity by reading our blog, “The Need to Know is Always Now in Warehousing and Distribution.”

2. Increased profit margins

Distribution operates as a low-margin, high-volume business. Any ding or dent in your profits will impact the bottom line much more quickly than another business. And there are so many ways those dings can happen – inventory storage costs, customer preference changes, reputation hits from lack of inventory. You need a clear picture not only of your inventory situation, but how inventory decisions will impact finances.

BI software can take a wide range of data out of your other systems such as Customer Relationship Management (CRM), Inventory Management, ERP, and more, and give you intuitive drill-down functionality that you can access from anywhere at any time. Want to know what your most profitable product is this month? Want to understand how each warehouse is performing? Want to know which warehouse is the best location for a specific product? Learn all this and more from your BI solution while at your desk, at a café with your laptop, or on your way to work with your mobile device.

Learn more about how ERP empowers you to keep up with changes in the supply chain here.

3. Reduced delivery time, fewer issues, happier customers

A distributors’ profits connect directly to well controlled inventory and warehouses. One of the most common places that profits can take a hit is through lost sales and returns. Customers are less tolerant of mistakes than ever before. So, when the wrong item is shipped, or the item is defective, the customer does not care if it was your shipping firm or 3PL that dropped the ball, they will blame you. Get it right always and your customers will love you for it.

By integrating your processes and systems with BI software, you can gain a clearer understanding of what went wrong, where it went wrong, how to rectify it and keep it that way —before your reputation takes a hit.

Pair your ERP with BI to make your distribution business a success

The right ERP solution for distribution is essential. Pair it with a BI solution and you can get that bird’s eye view you need to make your business really shine. NexTec Group consultants have been helping distribution companies select and implement ERP, BI and CRM for a quarter century. If you believe 2019 is the year that you truly take control of your supply chain, let’s talk. We’re here to help.

Additional distribution resources

Streamline supply chain management with a ERP solution

The need to know is always now in warehousing & distribution

Why inventory control is a must and how to do it

Distribution ERP Software

By | Distribution / Supply Chain | No Comments

Technology to Power Your Distribution Business

Acumatica Distribution Edition and Cloud ERP can transform your distribution business

Automate processes and reduce errors in purchasing, order fulfillment, inventory tracking, and customer support.

Today’s distribution businesses face ongoing challenges from all sides. With customer expectations higher than ever, an increasingly complex network of suppliers, and increased competition, firms need to embrace a robust and flexible system that can manage finance, operations, supply chain, distribution, and more all in one place. NexTec and Acumatica have the answer.

Benefits for Distributors

Balance Stock Levels and Avoid Shortages

A distribution-focused ERP solution can give your firm the ability to balance stock levels, take control of inventory and ordering so that you can meet the needs of your firm and its customers without overstocking.

Get a Clear Picture of Your Inventory

Consistently see your inventory across multiple warehouses to keep track of product lots, quantities, and movements. Get a real-time picture of what you have on hand to provide products for customers faster, increasing satisfaction and improving your status as a reliable distributor.

Minimize Redundancy and Labor Costs

Automate your finances and operations, providing your staff with the freedom to work on more meaningful tasks. With powerful and fast integration, you can get a 360-degree picture of your business and make smarter decisions.

Know your true costs

Determine real-time profitability by warehouse, product line, location, or business unit. Use real-time information to control costs across the entire supply and distribution chain.

Reduce order times

Eliminate delays through automated sales order processing and shipping order generation. Set rules to manage multiple warehouses, returns, credit limits, drop shipments, and more.

Leverage Business Intelligence to Unlock the Power of Your Data

Real-time intelligence enables you to know how changes could impact your business. See your business in real time, slice and dice information how you see fit, and present it in a way that benefits everyone in your organization.

Helpful resources

Ready to learn more? Request a demo today.

NexTec Group is one of the largest, most prestigious software consulting firms in the world with nearly a quarter century of experience working with distributors of all sizes and focuses. We specialize in implementing ERP, CRM, BI, Cloud and On-premise solutions that allow you to take control of your inventory, increase customer and supplier satisfaction, and improve operations. Contact us to learn more about Acumatica Cloud ERP for your distribution business.

Acumatica Cloud ERP

Webcast: Microsoft Dynamics GP Extender by eOne Solutions (recorded webcast)

By | Acumatica Cloud ERP, Distribution / Supply Chain, Events, Recorded webcasts | No Comments

Webcast: Acumatica Cloud ERP for Distribution (recorded webcast)

By | Acumatica Cloud ERP, Distribution / Supply Chain, Events, Recorded webcasts | No Comments