Three Features in BC for Wholesale Distributors
Microsoft Dynamics Business Central, a popular cloud-based ERP, comes packed with robust capabilities for wholesale distributors to leverage. The system enables wholesalers to maintain accuracy while minimizing expenses. In this blog, we’ll explore three Business Central functionalities that wholesalers can employ to enhance their operations.
Enhanced Inventory Tracking
Business Central can assist companies in ensuring inventory precision to reduce wasted effort. The ERP permits tracking items down to the specific warehouse row and bin. Furthermore, organizations can guarantee parts are stored suitably based on needs – like temperature-controlled areas for specialized items or collective storage. By utilizing Business Central, firms gain better inventory control and prevent mishandling.
Avoiding Excess Stock
Companies can monitor slow-turnover inventory to eliminate unnecessary costs. The ERP flags when stock is moving slowly. This aids firms in multiple ways. Firstly, if overstocked, proper storage can still occur. Additionally, Business Central helps prevent reordering excess items, saving space and money.
Increased Visibility
By tracking inventory movements over time, Business Central enables accurate forecasting to optimally maintain levels. Businesses gain insight into sales volumes, frequencies, and timing. This knowledge assists wholesalers in keeping stock flowing smoothly and minimizing delays. Furthermore, the visibility permits informed decisions around inventory – like charging premiums on certain products or holding more stock of others.
Next Steps
If your wholesale distribution business is interested in getting out of Business Central, Logan Consulting is here to help. As a proud Microsoft partner, we are committed to ensuring our clients harness the power of their ERP. Contact us today to speak to an expert.
