How NetSuite increases efficiency and service for the wholesale & distribution industry

Inventory management is one of the most important processes within wholesale. But we also understand the pressure on wholesale: working as efficiently as possible, and at low prices, but still with a personal service to your customers. With NetSuite's modern platform, you will get optimal insight into your entire process chain and thus increase your competitive position. This gives you the opportunity to excel in every respect. In addition, you will have insight immediately into your inventory, order management and finances. In short, your inventory management is in order!

“The connection to NetSuite ensures a seamless connection to our backend system. This saves a lot of time and money”.

  • Manage: Use supply chain portals for your vendor, customer, and sales partners and get full control of the business flow.
  • Customize: Build your own business rules into NetSuite with SuiteFlow, allowing you to manage your company’s unique requirements with the automation you need.
  • Connect: Reach customers online, by phone, over email, in person and more with omnichannel commerce. Exceed the evolving expectations of today’s customers.

The most important advantages of NetSuite for your wholesale & distribution company

Stock management

Inventory management is one of the most important processes within wholesale. But what is in which warehouse? Which items contribute to profit and which don’t? And who are your biggest customers? The bottom line is that you keep Insight and intervene in time. This is necessary to stay ahead of your competitors. The automated stock management module helps you with this. This makes it possible to track stock throughout the entire chain. NetSuite can also monitor the financial impact of that stock.

Order management

In order to trade, the easy creation of orders and the fast and correct processing of these orders is an important part. Through order management of NetSuite this is done in an efficient way. Through the integration of critical processes, you do not need to think about what price agreements with certain customers or what action prices apply today. In addition, you always have a real-time overview of all orders. This ensures that every customer is helped correctly and quickly.

Analysis

NetSuite allows you to manage your entire wholesale business using the most important statistics, such as article stocks and KPIs. Data is always available in real-time, so you can make timely and fact-based decisions using reports in clear dashboards. Because flexibility is a must to trade successfully. In this way, everyone in your organization has the right and relevant figures when needed, online via phone, tablet or PC.

Sales management

NetSuite provides insight and ordering advice with which you can ensure that the items in your assortment are present in the right quantity at the right time. Because of course you want the most important items to be available at the right time, so that your wholesaler can offer the service and speed that customers expect. Because having up-to-date insight into your customers and their order history gives you the opportunity to optimally respond to the needs of customers.

Financial administration

The integrated financial management system enables you to have accurate financial insight at all times. Because logistic processes are integrated, the overview is always complete. This allows you to quickly respond to changes and make your wholesale business more efficient and grow. All functions such as general ledger, accounts receivable and accounts payable, assets and liabilities are present. Using “Procure-to-Pay” you can automatically process payments. This makes it easier to compile annual accounts.

Complete CRM

Personalized service, building customer loyalty and gaining competitive advantage suddenly becomes a lot easier. NetSuite’s CRM gives you a complete overview of all your customer’s interactions and transactions through any channel. This also makes it easier to segment and analyze behavior, which is useful for sales, marketing and service between offline and online sales channels.

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Why NetSuite could also be the #1 choice for your business? Learn why via our interactive publication