The Challenge
Distributors have to think about scaling up, strategically expanding their product offering, and increasing their sales, while retaining their customer base to an ever-evolving client-driven market. Along the way, they are faced with the same challenges that many other distributors face: lack of inventory traceability and visibility. With the right inventory management solution in place, distributors can adapt quickly to these challenges regardless of market conditions and swift changes to the business model.
How We Solved It
Selecting the right inventory management solution requires assessing the distributor’s current needs and its plans for future growth for scalability. Achieving optimal inventory levels is also a delicate process. Oracle NetSuite’s inventory Management is a good example of a scalable solution that also serves as a backbone for your entire business.
The Results
Armed with accurate inventory data that’s housed in secure data centers, inventory levels can be tracked and optimized. This allows distributors to reduce costs, meet the demand and more accurately predict future demand.