As a wholesale distributor, you face unrelenting competitive pressure to keep prices low and increase supply, which means that you have to constantly look for ways to improve margins and grow revenue. This requires greater focus on reducing operating expenses and cutting costs throughout the order-to-cash process. You need to manage inventory more efficiently and integrate yourself more tightly with your customers and suppliers.
The SAP Business One application can help you manage this balancing act by streamlining your entire order-to-ship process and providing clear visibility into inventory levels, order status, supplier schedules, and customer demand.
Besides running your core business functions such as sales and financials, SAP Business One can help you:
Optimize inventory management
Track inventory levels and stock movements in real time to minimize “stock-out” situations, increase goods availability, and reduce inventory-carrying costs. Also manage price lists, special pricing, and quotes.
Anticipate customer demand
Provide full past-transaction data so you can analyze customer buying behavior to predict demand more accurately and balance inventory levels accordingly.
Streamline the order-to-cash process
Automate key processes to improve efficiency across the order-to-cash cycle including order creation, stock-level updates, delivery, invoicing, and accounts receivable.
Tighten partner integration
Provide online self-service capabilities for customers and suppliers so they can view inventory availability, the status of orders and deliveries, and billing information.