Top Features to Look for in Wholesale Distribution Software
Wholesale distribution software can help businesses streamline their supply chain management and optimise their operations. When choosing wholesale distribution software, it's important to look for the following features:
Inventory management: The ability to track inventory levels in real-time is essential for wholesale distribution businesses. Look for software that offers advanced inventory management capabilities such as automatic replenishment, lot tracking, and serial number tracking.
Order management: Wholesale distribution software should allow businesses to manage orders efficiently, including order entry, order tracking, and order fulfilment. Look for software that supports different types of orders, such as backorders, drop shipments, and blanket orders.
Warehouse management: The software should help manage warehouse operations, including receiving, put-away, picking, packing, and shipping. Look for features such as barcode scanning, mobile access, and automated workflows.
Integration with accounting software: Wholesale distribution software should integrate with accounting software to help manage financial operations such as accounts payable, accounts receivable, and general ledger.
Reporting and analytics: Look for software that provides advanced reporting and analytics capabilities. The software should offer customizable reports, dashboards, and key performance indicators (KPIs) to help identify trends and make data-driven decisions.
Customer management: The software should allow businesses to manage customer information, including orders, quotes, and invoices. Look for software that supports customer relationship management (CRM) features such as lead tracking, opportunity management, and customer segmentation.
Supplier management: Wholesale distribution businesses rely on their suppliers to provide quality products on time. Look for software that allows businesses to manage supplier information, including purchase orders, contracts, and delivery schedules.
Mobile access: Look for software that offers mobile access, allowing employees to access the software from anywhere with an internet connection. This can improve productivity and provide real-time visibility into operations.
Scalability: Wholesale distribution software should be able to grow with the business. Look for software that can handle a large volume of transactions, support multiple locations, and integrate with other software solutions.
In summary, when choosing wholesale distribution software, look for features such as inventory management, order management, warehouse management, integration with accounting software, reporting and analytics, customer management, supplier management, mobile access, and scalability. By choosing the right software, wholesale distribution businesses can optimise their operations, improve customer service, and increase profitability.