With the business landscape becoming increasingly competitive, achieving success in the wholesale industry requires fool-proof operations that can give you a competitive edge.
As a wholesaler, you might already be aware of the importance of streamlining your order-delivery process, which attracts more retailers to your business and improves the effectiveness of inventory management to achieve that success you aspire.
Handling these processes manually, however, puts a tremendous strain on your budget and your teams.
Fortunately, you can navigate these challenges with the use of wholesale management software—which feature an array of tools that provides useful business insights, help you establish a successful online presence, and improve customer loyalty.
In this post, we explore how it helps business owners reach these goals.
Improved data management
A smooth-running business requires a successful data management strategy.
With the ERP tools available via wholesale management software, you can maintain one centralised business database —containing employee data, inventory data, production data and financial data—that’s easily accessible to your team.
When important information is available at one central location, your team can easily access data and manage information simultaneously, ensuring consistency in all aspects of your business.
Also, with the increased data visibility within your organisation, you can now retrieve data to formulate practical and insight-driven strategies more seamlessly. For example, if you experience a drop in sales, your ERP system can display the causes behind it and enable you to devise a plan to counter it.
Streamline ordering and distribution
An ERP system can simplify your supply chain processes like purchasing goods, tracking shipping requirements, and managing your inventory effectively.
In addition, automated ordering simplifies the ordering process further, making it easier for your clients to interact with your warehouse.
More advanced features offered by warehouse management software—like integrated order pads—can accelerate sales and distribution even better. Your sales team can have more control over the inventory, reach more customers and take orders more efficiently, boosting your sales.
Build better relationships with your clients
Behind every successful brand is a loyal client base. When building your brand, nurturing a loyal client base is a requirement.
Now, with wholesale management software enabling loyalty management, you’re one step closer to achieving this and improving customer relationship management.
Loyalty management features provided by these systems allow you to handle the information about your clients, streamline your client interactions, transactions, and incentivise long-term or repeat clients and encourage them to do business with you.
Improve the performance of your team
Providing your team with cutting-edge tools enables your sales team to perform their role better and faster.
For instance, when your ERP system is integrated with an online order pad, your sales team can access inventory details, track orders and reach more customers in a short time.
When an order is placed, your team can manage all the order details in one integrated platform and forward the order directly to the ERP system with only a few clicks.
By allowing your team to perform better, you’re enhancing your delivery and business, ensuring better customer satisfaction and business growth.
Boost your sales with eCommerce
Having an eCommerce store means you are expanding your clients’ list rapidly by making your business available for clients outside your region.
This makes a business more attractive to clients—your store is available to them 24/7. Customers can easily navigate the store and place their orders with just a few clicks.
This gives your customers a chance to place orders from anywhere, at any time, and on any device. In addition, you can track purchases, process payments, log inventory, manage product availability and manage the delivery process.
Wholesale management software brings efficiency and flexibility
With wholesale management software, you can establish more transparency within your operations, boost the efficiency of your team, cut unnecessary costs, and streamline the delivery process.
Harmonising all of your business operations makes the overall management of the business easier; devise strategies, execute your business plans, increase your profit all with a 360-degree view of your operations!