Top 3 Ways Microsoft Dynamics GP Can Work For Your Distribution Company
As distributors, the operational and inventory information needed to share with decision makers has to be communicated even clearer and quicker than ever to remain competitive in today's connected world. Aging ERP systems make it difficult to drive the fast and accurate decisions your business needs to establish confidence with customers and win business. Rather than remain in the dark, utilizing forward thinking ERP systems like Microsoft Dynamics GP allows for more transparent business operations to allow for much smoother transactions.
In our latest Microsoft Dynamics White Paper, “10 Ways Distribution Companies Can Improve Efficiency & Inventory Control“, we take a look at some of the most common pain points within distributing, and how Dynamics GP can help. Below are some of our favorites:
Improve Materials Requirements Planning: Disconnected systems can make optimizing MRP quite difficult. In legacy systems those factors reside in separate systems. Consolidation is so tedious because it requires custom code or data warehouses. By integrating information across the company and supply chain, MRP recommendations can be automated to provide the basis for more accurate purchase decisions. Microsoft Dynamics GP allows you to automate your MRP to simplify production planning within forecasting sales trends, outsourcing production schedules, capacity planning/production schedules, expiration data tracking and so much more. The more reliable your material requirements planning, the more your business will thank you.
Improve Retailer Supply Processes: Systems and organizations of the past make it difficult to provide competitive tools for your channel. Accessing real-time data through the internet is more crucial than ever. Without these capabilities, dealers will struggle to answer questions before your customer leaves the store. Through integrated ERP like Microsoft Dynamics GP, you can develop a collaborative platform that supports communication and collaboration. Give retailers and other dealers instant tools to select, configure, price, bid and order your products within a dealer portal so they get access to all the information they need. With centralized product information made available online, your network of retailers can compete to win.
Streamline the Purchasing Process: The value a good purchasing department brings to the table is priceless and often overlooked in many distribution companies. To ensure that purchasing employees are contributing their full value to the business, utilize automated operational functions of purchasing through workflows that can track back-orders and simplify reporting so your employees don't have to. Dynamics GP allows purchasers to monitor the following: potential and current suppliers to ensure high quality and the best pricing, limit transportation costs and evaluate subassembly outsourcing. When their attention is focused on what matters most, your company will flourish.
Microsoft Dynamics GP is an excellent example of how forward thinking ERP software can enhance any distribution company with ease. If you're curious about what other ways Microsoft GP can help improve your day-to-day operations,download our complimentary ebook here, or contact us at Logan Consulting for more information.
2020 Nucleus Research Report on ERP Technology