NetSuite for Wholesale Distribution Companies
Streamline your wholesale distribution operations with the world's leading ERP system.
Over 20 years of experience with happy wholesale distribution customers
NetSuite ERP – the complete solution for wholesale distribution companies
The wholesale distribution industry is experiencing substantial changes. Companies that have traditionally used multiple disconnected systems may find it difficult to meet market demands. Additionally, managing various subsidiaries with different accounting systems presents further challenges.
To stay competitive, companies in the wholesale distribution sector need to be adaptable and innovative. An efficient ERP system can support global growth and help businesses scale effectively. NetSuite ERP is a comprehensive solution that integrates essential business processes and reduces the need for multiple separate systems. It facilitates the management of complex revenue models, supports international expansion, and offers powerful analytical tools for better decision-making.
Read more about NetSuite and why it’s the #1 cloud ERP.
Challenges faced by companies in the wholesale distribution industry
In today's global market, characterized by intense competition, shifting consumer behaviors, and an abundance of information, wholesale distribution companies are facing the challenge of shrinking profit margins. To meet market demands and achieve owners' return expectations, it is essential to utilize a variety of marketing channels, ensure efficient logistics across the entire value chain, and implement adaptive forecasting management that can respond effectively to market fluctuations.
To stay competitive, businesses need to offer varied prices and discounts, customer-specific branding, different packaging options, and well-planned assortments. Additionally, they must cater to a generation of consumers demanding added value, making differentiation from competitors essential.
Why is NetSuite the best solution for wholesale distribution companies?
NetSuite ERP offers a comprehensive system encompassing finance, inventory management, order management, CRM, and e-commerce streamlines wholesale management, enhancing transparency and efficiency. Our objective is to support our customers within the wholesale distribution sector by providing an optimal business platform that not only delivers essential functionalities but also facilitates business growth. NetSuite addresses these requirements and additionally offers omnichannel management for global enterprises, fostering opportunities for expansion and enhancement of their service offerings.
All-in-one solution
NetSuite provides a fully integrated, cloud-based platform that covers CRM, financial management, consolidated accounting, project management, logistics, WMS, procurement, production, asset management, subscriptions, quality control, and analytics. Additionally, you gain access to service, aftermarket, and warranty management. NetSuite eliminates the need for multiple separate systems, enabling streamlined operations.
Comprehensive planning
NetSuite manages all types of planning seamlessly across your entire organization. This includes forecasting, demand planning, intercompany trading (ICT), replenishment, supply scheduling, resource planning, capacity management, centralized purchasing, subcontracting, liquidity, project management, and HR.
Industry-specific features
NetSuite business system for wholesale distribution companies offers comprehensive functions that include assortment management, market divisions, segmentations, commissions, royalties, market contributions, partner management, omnichannel management, customer support, campaigns, digital signing, ready integrations, and open APIs.
Scalability
NetSuite’s business system allows your company to scale as it grows. It easily accommodates more users, higher transaction volumes, new business units, and evolving processes, ensuring that your business can expand efficiently without sacrificing performance.
Global business needs
NetSuite facilitates international operations by handling multiple currencies, tax regulations, and accounting standards across more than 200 countries. This global reach allows your business to expand seamlessly without facing business system barriers.
Powerful analytical tools
NetSuite offers advanced reporting and analysis tools, providing businesses with real-time insights. This is crucial as the insights make it possible to make quick and correct decisions.
Customer survey insights
With NetSuite ERP, you can achieve up to:
30%
reduction in inventory costs
80%
reduction in customer backorders
10%
increase in revenue performance
5%
increase in gross margin performance
Interested in NetSuite for your wholesale distribution company? Book a free consultation with us!
Vinted manages 15 international markets with NetSuite
Tech unicorn Vinted is the largest online international C2C marketplace in Europe dedicated to second-hand fashion, with a growing member base of millions registered members spanning 20+ markets in Europe and North America. Discover how NetSuite has enabled Vinted's rapid scaling!
Europe's leading NetSuite partner
We are experts in supporting fast-growing companies and we understand the challenges wholesale distribution companies face. We place great emphasis on understanding our customers' business and success factors. We have had the privilege of assisting several companies to become international superstars by providing the best possible business platform and services to support their growth. We specialize in working with companies that have multiple subsidiaries in different countries and are experts in intercompany sales. Having all subsidiaries and their operations in NetSuite gives you visibility into your entire business.
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