Winning during a recession
As uncertainty continues to dominate the economy at the moment, for many distribution operations, winning during a recession is about optimising business processes. Generally optimisation is about improving efficiency, and for most operating supply chains, this will be about maximising profit through preventing the erosion of margin. Key elements in such a strategy are to:
- Avoid overstocking and follow a just in time approach
- Ensure the lowest production costs
NetSuite is the correct technology tool
In today’s world, executing such a strategy may be easier said than done; the functions of wholesale distributors are complicated by issues such as rising labour, material and fuel costs; compliance, the environment and ethics. The impact of these issues is exacerbated if you do not have the correct technology tools. Outmoded, on-premise ERP solutions are no match for NetSuite’s up-to-date, cloud-based ERP solution.
Managing inventory and ensuring that restocking is actioned in a timely fashion is next to impossible without access to accurate real-time business intelligence. Similarly it is impossible to ensure the lowest landed cost if there is poor visibility of the cost of production.
Real-time business intelligence and end-to-end visibility
NetSuite provides real-time business intelligence and end-to-end visibility of costs, ensuring that wholesale distributors are able to effectively execute supply chain optimisation strategies.
BlueBridge One is one of only two NetSuite 3 Star Award holders out of 46 NetSuite solution providers across the EMEA region. We have been recognised as an outstanding provider of NetSuite ERP solutions custom fitted to the individual requirements of each customer organisation. Click this link to see why BlueBridge One Services and Support make us the right NetSuite solution provider.