Dominating Wholesale Distribution With MYOB Advanced

In today’s fast-paced world of technology, many industries are experiencing a radical transformation. Wholesale distribution is one of the industries that is experiencing major disruption due to several factors including new forces entering the market and advanced technologies changing the wholesale processes.

In this article, we will review the key success factors for wholesale distribution businesses and why many wholesalers are already using MYOB Advanced as the preferred ERP system to manage the entire organisation.

Some of the key technology factors in today’s wholesale distribution industry

What are the key factors to keep your wholesale business moving towards success in today’s hi-speed, technology-driven world?

“Strive for efficiency” within your sales order management, inventory levels, cash management, and follow-up.
“Maximize abilities” of your staff to accurately and efficiently perform their job functions of sales, inventory control, shipping, collections and customer service.
“Evaluate technology uses” by searching for the best software that is adaptable to your company’s growth and staff education.
“Increasing technology adaptation” for different means of engaging with your customer base.
“Providing the wow factor” is extremely important in today’s worldwide, competitive arena. By integrating a system that allows your entire staff to offer the best customer service that allows them to meet fast-changing customer demands.

Want to become a high-performing distributor? The emergence of “high-end analytical software” now gives companies the means to see and evaluate the entire picture of their wholesale business, in real-time.

Watch and review your gross profit margin;
Reorganize your customers by profitability;
Grow your most profitable customers;
Alleviate excess customer service expenses;

Why smart Wholesale distributors choose MYOB Advanced

By implementing MYOB Advanced, you will give your staff a system that has the capability to grow as your business grows in every department. MYOB Advanced gives wholesale distributors the tools to run every aspect of the operations from initial order entry through to delivery, reporting, forecasting and a whole lot more.

Some of the key functionalities include:

Sales representatives have real-time data to make accurate transactions from quote to cash.
- Order taken is done correctly with real-time inventory levels available.
- Delivery dates can be more accurate.
- Invoicing can be promptly delivered.
- Collections are easily handled with alerts.
Warehouse management staff can optimize inventory levels with better inventory planning from real-time data.
Staff will be given the tools to collaborate with your customers and your suppliers.
Better control over your eCommerce platform with integrated inventory and pricing management capabilities.
Staff will have all essential data to offer excellent customer service, pre- and post-sales – to both suppliers and customers.
The information you will be able to extract from MYOB Advanced gives you the transparency your staff needs to be flexible and quickly adapt to changing demands.
Did we mention that MYOB Advanced gives you smart insights on the performance of your business? From finance to inventory forecasting and much more, MYOB Advanced provides the intelligence analysis functionality you have been looking for to transform the way you run your distribution business.

Conclusion

The world around us is changing dramatically. These changes affect many organisations in various industries – especially in wholesale distribution where processes and time to market are key.

Wholesale distributors looking to grow and compete at a larger scale can adopt MYOB Advanced as an end-to-end ERP solution with advanced analytics capabilities.

At Leverage Technologies, we have helped hundreds of businesses find and implement the right ERP to grow smart. For more information or to learn more about MYOB Advanced call us on 1300 045 46 or email info@leveragetech.com.au.