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As distributors scale, having a clear understanding of inventory levels is critical in maintaining an efficient supply chain. Without clear visibility into stock levels, distributors are left unable to fulfill orders leading to long delays for customers.
Take a proactive approach to procure stock with a sophisticated inventory management solution. Easily forecast and replenish inventory based on an established procedure to effectively manage timelines and quantities – fulfilling your customer’s orders on time, every time.
Customer expectations are at an all-time high and must be met to compete with the big players. Between increasing consumer demands around fast delivery and supply chain visibility, distributors are required to adapt their services to maintain competitiveness.
Automating processes and integrating your supply chain is critical to strengthen the customer experience. Better communication through automated updates can reduce the burden on your support team. Integrated processes like EDI speed up operations while preventing time-costly errors.
It is vital for distributors to have complete visibility into every aspect of their business to ensure that customer demand is consistently met in a timely manner. Reviewing this information through reports can help companies iterate on their processes to improve profitability.
Review critical business processes to identify areas that could use improved visibility and invest in technology to forecast and manage supply and demand. The right solution should produce comprehensive reports to help guide better business decisions.
The distribution industry is experiencing rapid change and companies are having to pivot to maintain competitiveness. Rising customer expectations are driving distributors to provide a more integrated and seamless experience to keep up with big-name competitors.
Data, analytics, and technology will help distribution companies survive the current disruption and equip them with the information they need to thrive. A comprehensive warehouse management solution can streamline processes and provide visibility into every aspect of the business.
