Accelerating Digital Transformation for Wholesale Distribution

Accelerating Digital Transformation for Wholesale Distribution Industry

The wholesale and distribution industry faces mounting challenges with the onslaught of new technologies, stiff competition, the shift in purchasing behaviours, and low margins. Digital transformation is becoming more critical so that wholesalers and distributors can become more agile, nimble, and efficient to face all these challenges.

Key Benefits of MYOB Advanced Business For Wholesale and Distribution:

• Reduce the cost of operations
• Improve the control of your inventory, order mangaemnet and distribution
• Improve profit margin with better material requirements planning
• Ability to provide better customer service
• Reduce human-errors from manual data entries
• Full integration of all departments and functions within the business

MYOB Advanced Business delivers integrated accounting, inventory, customer relationship, purchasing, MRP (materials planning), warehouse, and more in one centralised solution.

Challenges

Wholesale distributors are constantly challenged to improve their product and service offerings due to encroaching competitors. Below are key features and functionalities for the wholesale and distribution business:

• Item and Vendor Master that keep tracks of items that are sold, purchased, and saved as inventory in your warehouse.
• Procurement and Purchasing Management that keep track of the entire process from purchase order creation right up until the collection of payment.
• Warehouse and Accounting integration that seamlessly collect information between these two functions.

MYOB Advanced Business includes all the processes you need to run your entire business. It provides complete business management functions covering financials, sales, customers, inventory, and operations. It is designed specifically for small businesses and can be implemented fast so as not to disrupt your day-to-day business operations.

Speak to us today to start your journey towards accelerating digital transformation.