Wholesale distributors must balance a number of challenges including:
- Meeting fast changing customer requirements and demand.
- Growing and managing diverse and complex product inventories.
- Monitoring and managing margins in the face of higher costs and reduced selling prices.
- Dealing with fluctuation and variation within the global supply chain.
- Addressing channel disintermediation (Read “The Elephant in the Room: Disintermediation“).
Forward thinking companies will leverage these challenges to move ahead of the competition using wholesale distribution ERP software that provide visibility across the full scope of distribution business. The right ERP for distribution will enable collaboration through information-sharing for smart decision-making.