Modernize with NetSuite Supply Chain Solutions for Distribution and Manufacturing
Answer: They both run the risk of losing business because they fail to invest in modern supply chain technology. Updating your outdated systems and manual processes are the best ways to reduce costs and improve profits. Your excuses to avoid change in the past are running out as technology progresses. For example, the distributor with the old reliable clipboard will be amazed at what they can do with an integrated real-time mobile device that acts like a clipboard and more.
Modern warehouse solutions like barcoding and mobile devices will transform your business and eliminate any challenges you face. Similarly, the manufacturer who is reluctant to move to the cloud may have more security in the cloud. Leading supply chain solutions like Oracle’s NetSuite, for example, protect your data more securely than maintaining your firewalls to protect your server in-house. The great news is that the latest cloud technologies provide the best solutions in the market for most distributors and manufacturers.
Unfortunately, if you do not keep up with modern consumer and market demands, you may lose customers and not even know it until it is too late. At Dynavistics, our NetSuite supply chain consultants help distributors and manufacturers implement Enterprise Resource Planning (ERP) solutions like NetSuite for the entire supply chain. We understand your motivation to adopt new technologies will be unique to the challenges you need to overcome in your business. Whatever your motivation, NetSuite ERP has the modern platform to accommodate most supply chain requirements. If you plan to modernize soon, be sure to find an ERP solution that has the flexibility and scalability to manage your growth today and in the future.
Tech-Savvy Customers Demand More
What is the most common motivation to upgrade to new technology? It is usually your customers! However, while customers are a driving force for change, other factors like mergers, compliance/regulations, growth/expansion, the need for remote access, multiple locations, or specific industry requirements your old system can not handle can also cause change. Another popular motivator is that your old system just can not keep up with modern demands. The data alone is enough to choke even the most robust outdated solutions. Once your business transforms with a modern ERP solution, you will eliminate manual processes which will improve efficiencies and cut costs. Your employee satisfaction and retention rates will rise, and they will be empowered to deliver excellent customer service. Ultimately, the purpose of upgrading your business systems is to empower your employees with an efficient system so you can deliver customer satisfaction.
Lately, technology adoption is driven by increasing demand from customers who expect access to the latest conveniences enabled by modernization. For example, barcoding and RFID are becoming ubiquitous in the distribution center and on the warehouse floor, but some end customers are demanding labels that can be read with a mobile phone.
Successful companies listen to their customers to learn what they expect, and adapt their systems and processes in response to their needs. This puts added pressure on distributors who risk losing those customers if they do not adapt quickly. If your company does not possess the technology to offer these things, your customers will find someone who is better, cheaper, and faster.
The mission-critical issue caused by these outdated on-premise systems is that they get so old, they are decades beyond their useful life. This amounts to a ticking time bomb, counting down to a failure from which recovery is doubtful.
Getting Started is Easy with an Expert
For many companies, automating their supply chain sounds both daunting and expensive, but that does not have to be your experience. The first step to digital supply chain automation should be small. For example, if your company relies heavily on paper to manage your fulfillment, you might start by trying to go paperless. This strategy is forward-looking because going paperless is a primary component of offering digitized supply chain data and communications to customers and suppliers.
NetSuite ERP offers a robust range of business functions within its overall solution, but you do not need to implement everything simultaneously. You may decide to get up and running with just a few components, then later adopt more functionality over time. You can choose the areas that are particularly impactful at the moment, and advance in a very controlled manner in the future.
When combined, these small steps help advance companies of all sizes toward automating their supply chain. All of the data coming in from suppliers goes right into a centralized, unified platform where all of the numbers are crunched and insights are detected, so you can react when things are not going as expected.
Why Work with Dynavistics' NetSuite Team
You can count on our experts to deliver and implement a superior NetSuite solution, correctly right from the start. You get the benefit of our expertise in the Wholesale, Distribution, Transportation, and Professional Services industries to help you optimize NetSuite and your business processes.
For over 15 years, Dynavistics has helped 500 clients in 12 countries. Our consultants have an average of 20 years of experience with ERP systems, with hundreds of successful ERP implementations. In addition to NetSuite certified consultants, our team includes Certified Public Accountants (CPAs), Project Management Professionals (PMPs), Microsoft Certified Professionals (MCPs), and Microsoft Certified Trainers (MCTs). We look forward to helping you with your digital journey.