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How Does Nav Help Combat Wholesale Distribution Challenges?
To automate key operations of a wholesale distribution system, Microsoft Dynamics NAV stands as a highly scalable and advanced software suite. Now, it is repackaged as Microsoft Dynamics Business Central with added capabilities and more updated functionalities. However, the conventional wholesale distribution ERP software is widely used for streamlining operations because of its strong foundation and infrastructure.
In general, a wholesale distribution business involves multiple processes, where it becomes critical to manage and deliver the best services. Moreover, increasing customer demands, competitive pressures, and accelerating expansion of manufacturers across the globe often muddle up the entire business. Tight margins and high cost of excess inventory makes cost control even more critical. In addition, overnight changes, incapability of working from entry to advanced warehousing, inaccurate inventory, and lack of real-time information are some of the key challenges of a growth-seeking wholesale distribution business.
In such a case, NAV for Wholesale & Distribution is the ultimate solution that drives scalability, integration, accuracy, capability. Additionally, it offers control and instant visibility across sales and margins, cash, supply, trends, and drive down costs, which increases profitability.
One Can Become Proactive And Make Better Business Decisions Using The Following Capabilities Of Microsoft Dynamics NAV:
With the deployment of this highly scalable and robust business management solution, wholesale distributors can avail of this functionality to streamlines all the processes without any hassles. For instance, it centralizes information or important data for easy access throughout the business, automates manual procedures, and balances workloads. In addition, this inventive capability helps reduce rekeying of data, improve replenishment decisions, and increase fill rates. Particularly, it helps to repackage and remanufacturing activities efficiently via automation.
Leveraging this inventive capability of Microsoft Dynamics NAV Wholesale Distribution helps businesses manage stock, go for replenishment, and reduce inventory costs. This advanced capability forecasts demand accurately, helps businesses make reliable promises to customers and fulfill more orders quickly and accurately. In addition, it helps deliver satisfactory customer services, balance inventory costs against fill rates, streamline warehouse processes, handle long lead-time items efficiently. Moreover, with this capability, wholesale distribution businesses can generate pick, put-away, movement, and physical inventory documents using hand-held devices.
Analysis and BI
To anticipate trends and opportunities, it is important to have actionable insights, key analytics, BI-embedded tools to get immediate feedback and market response. In addition, analytics and business intelligence insights are essentially required to get a clear understanding of product profitability, seasonality, and trends. In addition, wholesale distribution businesses can gain negotiation power with suppliers, identify advanced ways to add value and extract data with Online Analytical Processing (OLAP) services quickly. Moreover, with robust reporting capabilities, one can export data to Microsoft Excel for manipulation, analysis, and graphical presentation.
To lead this competitive and advancing wholesale distribution business world, a diligent move involves investment in the right business application. Moreover, to ascertain a successful implementation, there are no alternatives to contacting an experienced and noteworthy Microsoft partner. Not only they guarantee delivery of highly scalable products but they offer extensive consulting and technical assistance even beyond the journey.
Get Over Wholesale Distribution Challenges By Sending An Email To email@example.com
Sapna Gupta is a technology enthusiast who is passionate to write about ERP, netsuite implementation partners usa , cloud solutions, IoT, Crypto and much more. She believes in delivering content with a pitch that makes topics easy to understand.
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