If taking control of your inventory management processes seems out of reach, it could be your outdated distribution solution(s) holding you back. Sage 100 takes the guesswork out of maintaining stock and order fulfillment while overseeing purchases anywhere in your supply chain.
Do you have all the right products ready when you need them? Have you lost money due to excessive or out of stock items? With customer expectations always on the rise, inventory management is as vital to your distribution company as tracking revenue. With distribution ERP and enhanced inventory controls, you can do both.
Inventory management obstacles
Inventory management is a company’s systematic approach to ordering, storing, and using its inventory. Effective management enables successful cost control of operations and done right, saves tremendous time and money. But when the direction and supervision of stock go unmanaged, it wreaks havoc on a distribution company.
Some of the most painful inventory challenges for distribution companies includes:
- Excess inventory
- Inventory shortages
- Dead stock
- Low inventory turnover
- Inefficient processes
- Increasing customer expectations
- Limited Visibility
- Increasing competition
- Too many separate data sources
- Lack of transparency
Fortunately, these and other major distributor inventory challenges can be solved by Sage 100, a distribution Enterprise Resource Planning (ERP) solution that automates supply chain processes into a consolidated view.
What are the potential values in using an enterprise resource planning inventory management and is it the right solution for your business?
Optimized Inventory Management
The purpose of an enhanced inventory management system goes well-beyond improving workflows by delivering valuable inventory insights so you can make the most impactful, informed decisions for your business. What’s more, you can manage your entire operations, finances, inventory, and logistics from a single source of data.
To be a successful distributor, you need to know what you have on hand in your warehouse and how to manage the supply chain. Knowing what and when you need to stock is the backbone of your business, but without understanding how your goods and materials are moving, it’s nearly impossible.
Accurate Data Collection and Reporting
By adopting ERP inventory management, you can collect up-to-date data for real-time updates on orders, stocks, and customers. You can also create and save custom sales and inventory reports for tracking specific business performance KPIs.
If you’re not using an all-in-one distribution ERP software like Sage 100 and instead rely on multiple outdated systems, then you are at a distinct visibility disadvantage to most other distributors.
With Sage 100, you manage your operations through a centralized system that not only eradicates the double-handling but also enables automation for regular, repeatable tasks. As a result, you get an increased in production and output in less time.
Expand your Business
Sage 100 is designed to reduce manual work through automating processes and streamlining workflows. These enhancements play a significant role for distributors, especially those in rapid-growth mode. Whether you are planning to scale up locally or internationally, an Sage 100 ERP’s inventory management system delivers the freedom you need to expand.
Supply Chain Transparency
Many of today’s distributors adopt shipping providers or 3PLs to outsource logistics and shipping necessities. With Sage 100 ERP inventory management, you can easily communicate and integrate with third-party vendors – all your data on orders, shipping, and stocks, which are automatically reconciled across the supply chain.
With Sage 100 ERP accounting software, you can manage financials, track assets, control workflows, and allocate costs for resources and materials. For distributors, efficiency equals cost savings when implementing Sage 100 ERP inventory management system.
You can finally stop paying for fragmented systems and resources to handle your business’s requirements functions as an ERP solution like Sage 100 keeps the many working parts of your business simultaneously, to reduce the overall workload and minimize expenses.
Is it suitable for your business?
ERP inventory management systems are designed to grow businesses by increasing efficiency and come with multiple benefits for distributors of all sizes for inventory management optimization.
Sage 100 inventory management solution comes with immense advantages such as improved reporting and planning, flexible modularity, improved efficiency, and many more. No other ERP inventory management system can streamline and automate your end-to-end business processes to grow your business like Sage 100.
- Better demand planning
- Reduced risk of overselling, stock-outs and excess stock
- Greater cost-savings
- Increased supply chain visibility
- Single source of truth
- More profitable business decisions
If you’re a growing distribution company, Sage 100 allows you to operate more efficiently and make better decisions through optimizing inventory management processes that ease cash flow concerns and, in the end, save you time and money.
Sage 100 for Growing Distributors
Increase inventory accuracy, complete and ship orders on time – all while adding more customers and growing margins without increasing IT infrastructure. The sooner your business adapts to the new normal with Sage 100, the further ahead of the competition you’ll find yourself.
e2b teknologies is a Sage Authorized partner. We customize, implement, and support Sage 100 ERP software for a wide range of distributor and manufacturing operations.
Find out how we can take you to peak performance on the warehouse floor, in the accounting department, and across your entire footprint with Sage 100.