Is Your ERP Hindering Your Business Growth?

November 22, 2023
Rob Dallas

As we move into an ever-increasingly digital world, it’s become crucial for distributors to take advantage of new technologies to succeed. You’re looking for a solution that will increase productivity, and allow you to respond to unique customer requests.

You may be stuck on legacy software; you might have difficulty finding IT Resources or your business might ever be held back from innovation and growth. Whatever the reason is, it’s time to look at your ERP.

One of the first questions to ask yourself as the leader in your company is “What is Standing in the Way of Your Business Growth.”  Once you have gotten over the idea that your solutions may be holding back, you can start to think about the real issues that are keeping your business from growing. Issues such as:

  • Stuck on legacy software: a growing number of business functions to be covered outside the core solution and in isolation.
  • Complex and highly modified systems: Any change can result in a broken process with many point integrations and high cost to maintain.
  • Hard to Find IT Resources: IT people do want to be the dinosaurs in their profession.
  • Lacking Efficiency, Productivity and Security: How to avoid ransomware attacks while being open to integrate and automate.
  • Being Held Back from Innovation and Growth: IT and organizations not agile enough to keep up with evolving business strategy and new business models.

 

You’ll find that many ERP solutions are lacking. For one, they are not industry specific or built to meet the complex demands of the Distribution industry.  You are probably looking for a solution that is scalable to your business and will grow with you as your business grows. Solutions such as:

  • Provide Consistent Customer experience: build a positive customer experience online with robust e-commerce, order entry, and mobile capabilities.
  • Optimize Supply Chain Processes: control costs and achieve operational excellence through robust warehouse mobility, inventory management, and order fulfillment.
  • Gain Business Insight: improve service and create new sources of revenue with insights from distribution-specific analytics, pricing science, and AI.
  • Drive Employee Productivity: leverage a superior user interface, role-based BI, and learning tools to optimize employee.

Transforming your Business

When you decide to make the change and do a bit of research, it’s easy to see why many are moving from their previous ERP to a modern cloud-based ERP designed specifically for distributors, providing deep micro-vertical functionality, and powered by modern technology.

More companies are starting to recognize the value of technology and automation. Distributors will need to invest in a massive digital transformation to stay competitive.   Those lagging behind will find it increasingly difficult to keep up with the pace of change and meet consumer expectations.