ACROSS THE GLOBE THERE ARE 4 KEY CHALLENGES FACING DISTRIBUTION TODAY! HAVE YOU GOT THEM COVERED? WHAT ARE THEY?
Challenge #1 – Gain a Clear Picture of Demand
Distributors need to ensure that all business resources and operations are optimally aligned with demand. Working to demand projections or sales forecasts is a very poor substitute for a single, complete and up-to-date picture of demand. The single most important initiative for distributors is to provide organizations-wide access to information that lets managers and supply chain partners make fast, strategic decisions. Distributors need the agility to scale their operations to match demand.
Challenge #2 – Achieve Visibility to Control Inventory and Costs
Distributors need access to real time inventory data to drive proactive, responsive sales operations, make good purchasing decisions, and minimize inventory costs. Companies need the ability to identify redundant and slow moving inventory. Two key metrics are the cash cycle and inventory turn. Without full visibility, distributors cannot measure and improve company performance.
Challenge #3 – Improve Execution and Coordination With Suppliers and Customers
Speed or business velocity determines success in the distribution industry. Poorly integrated systems, reliance on manual processes, or re-keying data already available in one system but not accessible to others is always bad news – a major cause of delays and a common source of errors. Along with being responsive to customers, distributors also need to ensure that suppliers rely on them as trusted trading partners. Distributors that make doing business easy and enjoyable for suppliers and customers can maintain strong relationships. Distributors whose systems integrate easily with supplier systems gain a cost advantage.
Challenge #4 – Position for Growth with Improved Customer Service
Distributors work in very competitive markets. For the external customer, the speed of response, the accuracy of information such as lead-time data, and quality care across all contact points affects future orders. Getting customer service right is a “must” for sustained business growth!
Increase visibility across your supply chain and gain greater control over your purchasing processes with Decision Inc. Immix and Dynamics 365 Business Central.
WHAT IF YOU COULD GAIN FULL VISIBILITY WITH BUSINESS INTELLIGENCE?
Decision Inc. Immix helps businesses, across a range of sectors, including distribution, to customise, to deploy and to adopt the full potential of the Microsoft Dynamic’s 365 applications.
Optimise stock levels
Use built-in intelligence to predict when and what to replenish. Purchase only what you need with dynamically updated stock levels.
Avoid lost sales and reduce shortages
Maintain the right amount of stock by automatically calculating stock levels, lead times, and reorder points. Suggest substitutes when requested items are out of stock.
Get recommendations on when to pay suppliers to use supplier discounts or avoid overdue penalties. Prevent unnecessary or fraudulent purchases through approval workflows.
- Identify emerging behaviour and predicting capacities
- Developing an insight of the business and relationships
- Negotiate better terms from suppliers and customers
- Better operational control efficiency & cost savings via KPI reporting
- Streamline and automate distribution and logistic processes
- Quickly share information with vendors and suppliers with portals
- Improving inventory controls keeping lean through instantaneous stock reporting
- Match current demand to on-hand inventory and make better buying decisions to keep stock under strict control
- Better manage regulatory and governmental compliance
- Better use of warehouse space – maximise usage with increasing space
- Reduced stock holding – improve turnaround times
- Improved customer service
- Full traceability