Many distributors, as they start their operations, go out and get a software package – usually accounting software, to help administer the business. As time goes on, there is a need for a more robust inventory management system, or kitting, as well as inventory control. Maybe the distribution company lands a large customer, but they require a process called EDI for their transactions. Now, instead of having the accounting software, over time this distribution company adds additional software for inventory, EDI, shipping, eCommerce, and the list could go on. While each piece of software does a good job on its own, it is better to have one integrated distribution software system that will integrate with other software or processes. Here are 5 reasons why.
Lot tracking allows product to be tracked end-to -end, from manufacturer to customer, and any activity or process in between. If your company is unable to track lots, and there is a recall from the manufacturer, it can cost your company immensely.
If you are in an industry that requires you to track product lot numbers, you need to have a robust lot tracking system that will track lot numbers wherever they go. If, for example, you are in the fastener industry, you will need to track a lot number even if it becomes part of a kit, goes to a plating process and becomes a different part number, or if it gets moved to a different warehouse. Lot tracking should be easily accessible if you need to track down the history or activity of a particular lot it should always be traceable, even if the part becomes part of something else.
At more than 400,000 merchant customers, Authorize.net is one of the clear leaders in the payment gateway services arena. With the low monthly cost, the low per transaction fee, and the long list of features, it has become the go-to service that we recommend to our customers with credit card transactions, and one that we integrate with the DistributionPlus software.
In today’s challenging buying environment you need to understand what your customers needs are and make smart decisions on how to manage them through your inventory. You also need a consistent and complete view into your supply chain to allow for proper business growth based on these customer demands. Companies worldwide are challenged with finding the best way to manage inventory at the most efficient and profitable way. But why, in this digital age, are customers faced with what seems like rudimentary IT challenges?
Inventory Management is a lot more complex than it may seem to most. Let’s look at some of the biggest challenges distribution centers face when it comes to inventory management:
A little over a year ago, when we spoke with business owners and executives, document management seemed to be more of a “nice to have” feature. Yes, it saved time, was more convenient, and saved space, but the traditional filing cabinet was still working. Now document management enters discussions as a necessity, and no more as a “nice to have” function.
What happened? Here are a few explanations that can help explain why document management has become important to have.
Remote Access For Sales Representatives
One explanation is that sales representatives that are traveling to customer sites need to see certain documents as well.With the help of laptops, smartphones, and tablets, sales people have lots of information available to them. Documents filed in the filing cabinet back in the office are difficult to access though. If they are at a customer site and need to produce a document, such as a proof of delivery or an invoice, it requires rigorous chain of events and people to get that document to them in the field. With a document management system, documents can be easily accessed from remote locations.