Keeping up with new technology to run your business is more difficult than actually operating your business whether you are a small or medium-sized distribution organization going through the digital revolution era.
As a result, Microsoft Dynamics 365 Business Central is becoming increasingly popular among wholesale distributors around the world.
Businesses that have outgrown their legacy applications can use Business Central as a bridge to construct an all-in-one integrated solution that can keep pace with the continuously changing needs of the distribution sector.
Our goal with this post is to provide you with a general idea about the various areas of functionality that a Business Central solution can provide for your wholesale distribution company.
Management Of Inventories
Integrated supply chain processes assist wholesale, retail, eCommerce, and omni-channel businesses by providing on-demand visibility into inventory levels across locations and enabling them to keep up with client needs in real-time.
Is selling on Amazon, eBay, NewEgg, and Shopify a viable option for your business model? It’s no problem at all.
The management of interconnected aspects in complex supply chains necessitates the use of a comprehensive toolkit. Business Central uses native APIs and other tools to allow data from several sources to flow into a single database. Business Central is a user-friendly design that makes it easy to find the information you need to calculate profit margins and successfully manage stock levels from reliable demand reports.
Marketing & Promotions
Pricing strategies that take into account market conditions, historical campaigns, and buyer behavior can be developed using real-time data and reliable reporting. Trend research and real sales data can be used to determine the best prices for your products.
Business Central for wholesale distribution help you meet the needs of your business partners by integrating with an EDI service provider. Achieve a high volume of transactions without incurring excessive document and transaction costs.
Transactions in Purchase & Procurement
Integrate suppliers and manufacturers for ordering, electronic invoices, and confirmations to improve visibility across the whole supply chain.
Process of Sending and Receiving Packages
Achieve a high level of efficiency in a complex warehouse environment.
Financial Reporting & Analysis
Allow important stakeholders to access information and modify reports based on their needs. With Power BI, you can create stunning visualizations of data from a variety of sources.
Office 365 Integration
In the case of enterprises already utilizing Microsoft Office 365, Business Central has a strong interface with productivity tools such as Outlook. Use Outlook to create and send bills, check-up customer information, and make changes to client records.
Power Automate & Power Apps
With Microsoft’s new “no-code/low-code” expansion platforms, the possibilities are virtually limitless.
You don’t need any coding skills to use Power Apps, a service that enables you to create business apps that operate on a browser or a phone or a tablet. PowerPoint-style visuals are combined with the logic and data-handling capabilities of Excel in Power Apps.
Your favorite apps and services (including Power BI) can be integrated with Power Automate so that you receive notifications, synchronize your files, and more. Workflow automation simplifies tedious activities. You will be able to:
Maintain data consistency across all of your company’s apps with Dynamics 365 Business Central.
Receive email or mobile app alerts for data monitoring, permission management, and notice of data changes.
Powerful apps can be created without the need to write a single piece of code.
Inherent Functionalities of Business Central for Wholesale Distribution:
Scanners for barcodes
MICR check printing
Portals for Customers and Vendors
Business Central enables you to launch your wholesale distribution business quickly while also preparing it for future expansion. Rather than paying a hefty price for a plethora of tools you’ll never use, you’ll be able to add features as and when you need them. As a result, you have complete control over your own solution stack.
On Microsoft AppSource, you’ll find a plethora of options, or you may rely on our expertise and go with one of our top suggestions.
Let us know if you’d like to learn more about how to use Business Central for wholesale distribution business, M365 expert from Veelead will be in touch to help you. Request a free consultation