NetSuite for wholesale distribution companies
Remain competitive in the everchanging landscape
Wholesale distribution industry is going through disruption. Meeting the market demands can be a big challenge for wholesale distribution companies that traditionally have been operating on multiple disconnected systems. Managing numerous subsidiaries with multiple accounting systems makes the challenges even greater.
Having a unified system for financials, inventory management, order processing, CRM and ecommerce makes managing a wholesale business more transparent and agile. We want to support our customers who work in wholesale industry with the best possible business platform that enables them to take their business into next level.
Staria’s NetSuite consultants are experts in inventory management and supply planning. We understand the importance of quality assurance and can help our customers optimize stock levels with NetSuite. We are also experts in intercompany drop ship. Having all subsidiaries and their operations in NetSuite gives you transparency to your entire business.
For distributors, having inventory and financial data on the same platform provides a competitive edge with the ability to plan effectively, execute predictably with customers and minimize labor costs and errors associated with manual reconciliation. With NetSuite you can optimize your business with industry best practices.
Companies with separate warehouse management systems don’t have to worry about changing their current system since Staria has a lot of experience on integrations built between NetSuite and different warehouse management systems.
NetSuite key benefits for wholesale companies:
- Ability to compete
- Empowerment to adapt and change
- Stability and growth
- Improved operational efficiency
- Improved controls and accuracy
- Increased speed to market
- Reduced cost to serve
- Faster time to value
- Increased profit margin
- Long-term partnership
Benefits highlighted in customer surveys
20% to 30% reduction in inventory costs
60% to 80% reduction in customer backorders
2% to 10% increase in revenue performance
1% to 5% increase in gross margin performance
Webinar: NetSuite for Dummies – Understanding the Basics
Are you curious about NetSuite and the benefits it may bring for your business but you’re not ready for a demo? Watch this webinar recording introducing you to the fundamentals of this powerful business platform.
Why is NetSuite the best solution for wholesale companies?
NetSuite is a unified, real-time system of record for financials, inventory management, order processing, CRM and ecommerce. By using NetSuite companies gain critical visibility, reliability and on-demand access to data anywhere, any time — eliminating the inefficiencies of standalone systems and paper-based processes.
To be successful in an omnichannel world, your wholesale distribution business must integrate all of its core business systems. Distributors that have connected the operations of their supply chain, CRM, retail channels, inventory and other processes will have the competitive edge. NetSuite helps wholesale companies:
- modernize distribution infrastructure
- enable to operate efficiently and compete more readily
- stay ahead of the competition.
Sourcing
inventory
Procurement Management
Sales order management
Warehouse management
Fulfillment & shipping integration
Customer experiences
Staria has done the most NetSuite implementations in the Nordic countries.
Read more about customer stories, or watch a video of Asbjørn Sundodden, CFO of Trimtex, telling about the collaboration and the benefits of NetSuite for an international company.
We’d love to hear from you!
Whether you have questions about financial administration services, our products or you’d like a free demo, we’ll answer all your questions.
Reach out to our local sales teams or use the form to leave a contact request, and we’ll be in touch with you soon.