Consumer packaged goods (CPG) and other distributors need the agility and flexibility to respond to changing customer tastes. A competitive marketplace and evolving customer demands can put the pressure on inventory management, order fulfillment, and profit margins. Respond to these changing retail conditions with an integrated enterprise resource planning (ERP) solution.
As you well know, customer demands can change in the blink of an eye and these changes can wreak havoc with production and distribution activities. Making matters even more complicated are seasonal demands such as the upcoming holiday shopping season. You need to be able to stock the shelves, and keep them stocked appropriately, with the products that customers want and at prices they can afford. No small task, especially when relying on disparate, specialty software. Wait too long for your data to determine how products are trending and you could be stuck with a warehouse full of products you can’t sell or empty shelves and frustrated customers. Stay on top of changing retail conditions with the support of an ERP solution like Microsoft Dynamics GP.
Distributors can rely on Microsoft Dynamics GP for support with the many challenges faced in the CPG industry. You can manage all of your business operations from this single, integrated solution including finances and accounting practices, supplier and inventory management activities, manufacturing and distribution operations, and other core processes. By having data within reach, you can stay on top of key metrics, for example follow inventory activities, and respond faster to deviations. Connecting customer orders, fulfillment, and using barcoding and other electronic tracking activities within Microsoft Dynamics GP can strengthen inventory management. In addition, Microsoft Dynamics GP also offers business intelligence and reporting features that can highlight trends with popular products or customer preferences. This visibility can support more accurate forecasting scenarios, which can get you closer to the safety inventory levels that you need to satisfy customer demands without overstocking the warehouse.
Monitor inventory and customer demands in near real time and stay on top of changing retail conditions with the support of modern technology. Contact The Resource Group to learn more about how Microsoft Dynamics GP can streamline operations, get you closer to trending data, and support efforts to respond faster to customer demands and marketplace changes.
By The Resource Group, a Microsoft Dynamics GP Partner out of Washington