Time Isn’t Always On Your Side As A Distributor or Manufacturer

Email | Print

Busy manufacturers and distributors are often focused on managing production lines and fulfilling customer orders.  Customers not only place orders but occasionally change orders and you have to act fast in order to keep up.  There isn’t always time to strategize or crunch the numbers when planning procurement needs.  Make better stocking decisions, including last minutes decisions, without losing focus on your customers’ needs by implementing stronger technology.

If time isn’t on your side, you could make knee-jerk decisions when purchasing inventory which could lead to overstocking the warehouse or paying higher prices due to short turnaround times or low quantity purchases.  You don’t need to spend hours analyzing inventory data to make better stocking decisions, you just need better technology.

Gain greater control and insight throughout your inventory processes by integrating the Demand Manager® with your enterprise resource planning (ERP) solution.  This simple, yet powerful solution offers demand forecasting and inventory planning features with time-saving automations so you can make prudent stocking decisions and stay on top of customer needs.  You can identify trends within your inventory activities with the Demand Manager such as which products sell intermittently or in groups, and which products are consistently popular with customers.  The forecasting features can be used to project which items you may need and you can alter variables to create different scenarios.  For example, you can create forecasts for specific products, customers, or regional needs.  You can also create manual forecasts based on personal insights or experience.  You can then use that information to establish safety stock quantities and make sure you have the right inventory, in the right quantities, at the right time.

Making sure your customers are satisfied is important and can take up a good part of your day.  If you don’t have the time to collect inventory and production data to make productive and profitable stocking decisions, then implement the technology that can support your business plans and strategic goals.  Contact RockySoft for more information about the Demand Manager and getting time back on your side.

By Jeffrey Porter with RockySoft, Microsoft Dynamics software provider for demand planning

Related Posts

Ask This Expert a Question or Leave a Comment




Get New Posts:

Distribution Software Logo