Your business needs a comprehensive warehousing & distribution management system - here’s why
As a business selling products, you need to carefully plan the balance of you stock levels and keep tabs of these products in your warehouse. As if that is not already a complicated process, your customers want to order products and receive it in record time. The ever-increasing pace required, and pressure to fulfill orders to consumers or B2B clients in the shortest possible time is growing by the day. The astronomical rise of e-commerce is re-defining warehousing and distribution as we know it. An effective and automated Warehouse Management & Distribution system is crucial to your business – and Preferred Solutions can assist you with a solution.
Today, we will place a focus on the Warehousing and Distribution functionalities of Microsoft Dynamics 365 Business Central. These functionalities are already built-in at the core of this powerful cloud ERP solution – which means it is included in the core product pricing.
Warehouse Management System
The correct Warehouse Management system can improve your sales and increase profits not simply by helping you sell more, but by selling faster and more accurately to happier customers. Furthermore, your existing workforce can pick and receive more items in less time, with fewer errors. This precision reduces customer inquiries and simplifies customer support.
It provides quick, accurate feedback so companies can respond faster to the demands of their customers. Distributors and wholesalers know exactly what is in the warehouse, where it is located, and when it needs to be replenished, at all times.
Microsoft Dynamics 365 Business Central brings together comprehensive organisational information, automate manual tasks, connect processes and workflows, enable fact-based inventory management, and provide managers with clear visibility into business performance, margins, profitability, and opportunities for improvement. Its flexible, modular structure enables the addition of new or custom functionality over time to match the growth and evolution of the business.
The Microsoft Dynamics 365 Business Central Warehouse Management suite includes:
- Automated Data-Capture
- Consignment Management
- Courier Systems Integration
- Cycle Counting
- eCommerce Integration (via 3rdparty)
- Inventory Optimisation
- Multiple Locations
- Serial Number and Batch Tracking
- Stock-Unit Management
People who stock goods usually store these goods in a warehouse (or a storeroom, on a smaller scale). The level of control of this warehouse can be supported by Microsoft Dynamics 365 Business Central in either very simple or a very sophisticated way. In a simple configuration, the stock is stored in the warehouse, but the solution simply manages the overall quantity by Item. Purchase Orders are booked in, transferred to other warehouses or locations, and sales orders are shipped to customer.
With a more sophisticated level of control, purchase orders are booked into a receiving area using handheld terminals, put away instructions are provided on the handheld terminals, indicating the best bin location for the goods based on capacity and pick zones. Pick runs are generated by shipping agent, type of order and other criteria to enable efficient picking routes and shipment confirmation recorded at packing benches. Pick face replenishment, quality inspection and cycle counting can all be supported.
Now, to get your products to where they need to go…
Distribution Management System
Distribution management is probably the most important part of the business cycle for distributors and wholesalers. The profit margins of the businesses depend on how quickly they can turn over their goods. The more they sell, the more they earn, which means a better future for the businesses. And let’s be honest, the pace at which you get the sold items to your clients is going to play a major role in future sales volumes too! Having a successful distribution management system is also very important for businesses to remain competitive and to keep the customers satisfied.
Distribution management solutions helps companies to manages their supply chain and logistics activities, including warehouse management, inventory management, and order management (sales and purchase orders), and integrate these activities with the company’s financials and sales. Wholesale distribution software solutions can help companies to improve their customer satisfaction, reduce order times, and control costs across the entire supply and distribution chain.
Preferred Solutions will help evaluate your business needs against the feature set of Microsoft Dynamics 365 Business Central, and tailor it to meet your specific needs. We have worked with a wide range of clients in the warehousing and distribution industries and know the top factors you are looking for. We might even suggest areas that you have not considered yet that are crucial to your business! This is an added benefit of an ERP business partner with 30 years of implementation knowledge and experience.
Is your current Distribution system missing any of these features?
- Comprehensive warehouse management
- EDI Transactions
- Sales commission management
- Full mobile support. Use the system from anywhere.
- Shipping carrier integrations
- Powerful analytics and reporting with Power BI
- Profitability analysis by multiple dimensions
- Easy integration with external tools & 3rdpart solutions
- System does not slow down when things get busy
- Integrated accounting: GL, AR, AP, Payroll, and more
- Inventory forecasting & replenishment
With Microsoft Dynamics 365 Business Central, we can solve any – and all – of the above, to make your business processes simple and effective.
If your distribution or wholesale business is searching for more consistent business processes, management information you can rely on and greater operational control, discover more about Dynamics 365 Business Central now. Reach out to us in the form below.