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Enterprise Resource Planning (ERP) Wholesale and Distribution Software

Monday 5 December 2011, 8:59AM

By Andrew Cummins

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Reflecting on the volatile global financial crisis? Here in New Zealand we have come out relatively unscathed compared to crippled European economies. Although business confidence is slowly finding its feet, it serves as a sobering reminder of what can happen when things turn pear shaped. In these situations, successful wholesale and distribution businesses keep their heads above water by achieving greater return from fewer resources and delivering excellent, yet profitable customer service.

Businesses in the wholesale and distribution industry face a raft of unique pressures, including global competition, increased customer expectations and mounting energy, transportation and storage costs. In this constantly changing environment, daily operations can often present problematic issues which can prove costly to remedy unless your company has the flexibility to identify and deal with them immediately. Conquering these challenges requires the backing of a rock solid ERP solution, tailored specifically to meet all your demands and from a provider who understands the industry. Unfortunately, recent studies have revealed the majority of the wholesale and distribution industry that require industry specific functionality are left in the dark by their ERP or accounting software providers.

<b>The right tool for the right job</b>

Although useful in the early days, generic entry level accounting packages lack the extensive functionality that many wholesalers and distributors require. Of these elements, stock control is arguably the most fundamental cog in any wholesale or distribution operation. Distribution companies need functionality that revolves around sustaining ideal levels of inventory, as well as enabling a rapid transfer of products. Top-level<a href="http://www.palladium.co.nz/exchequer/" title="ERP systems">ERP systems</a> should deliver effortless reporting and monitoring of stock across multiple locations. Vital tools such as accurate stock forecasting provide critical support to suit today's demanding just-in-time operating environment. As such, the ability to predict sales and usage is hugely beneficial to distributors dealing with large volumes of finished goods inventory. Future sales can be forecast based on factors such as sales history averages, customer schedules and annual company/product growth, enabling distributors to maintain optimum stock levels. As a result, customers' expectations for delivery are fulfilled, while cash is not tied up in unnecessarily high stock levels. Additionally, automatic creation of purchase orders to support these predicted sales can further reduce administration costs.

With over 15 years' involvement in New Zealand, Palladium Technology offers a wealth of experience in the ERP market, with a multitude of clientele in the wholesale and distribution industry. Perhaps the most pertinent factor when choosing an ERP provider is the knowledge that the software will meet your particular needs. Rupert Ralston, marketing manager from Palladium Technology, explains "our philosophy is a personalised approach to our customers; we take the time to learn and understand the unique characteristics of their business. But when it comes down the implementation end, we pride ourselves on delivering within budget and timeframe".

To view the benefits and functionality offered by <a href="http://www.exchequer.co.nz" title="ERP Software ">ERP Software</a> please contact us.

<b>About <a target="_new" href="http://www.palladium.co.nz">Palladium Technology</a> </b>

Palladium Technology provides tailor made solutions that give you functionality specific to your industry, allowing you to take control of your business and realise your return on investment. For more information on Wholesale and Distribution software and to schedule a demonstration, please contact Palladium Technology.