SAP Business One For Wholesale Distribution

1. SAP® Business One for Wholesale & Distribution Are you ready to transform your business? Publisher- Silver Touch Technologies UK Limited © Copyright 2016 Silver Touch Technologies UK All rights reserved. No part of this Guide shall be reproduced, stored in a retrieval system, or transmitted by any means, electronic, mechanical, photocopying, recording, or otherwise, without written permission from Silver Touch Technologies UK

2. Introduction The Wholesale & Distribution sector in the UK is composed of many different types of companies that act as a link between producers and end customers. The core processes of a distributor include purchasing, inventory, sales, delivery, and retail. There are many different ways for a wholesaler/distributor to serve the end customer, ranging from companies with a mix of design, stock, and retail to those focused on shipping and value-added service. Wholesale companies take risks by holding inventory in order to have products available when their customers need them. As a result, Distributors are sensitive to trends, price fluctuations and economic turmoil, and they must have the means to respond quickly to market changes. What’s more, the wholesale industry has become increasingly competitive, with many other factors affecting the growth and sustainability. As is the case in other industries, businesses in the Wholesale & Distribution sector should have all the necessary information at their fingertips to enable them to make the right decisions to stay ahead of the competition. Challenges faced by Wholesalers & Distributors Wholesale & Distribution is all about juggling stock, increasing volumes, and maintaining competitive prices to improve margins. This sector has to be quick and agile in adapting to changes in the market and catering to fluctuating customer demands. Here are some of the challenges for businesses in this sector: » Tight margins because of the complex supply chain and having to rely on delivery carriers to deliver the products safely and on time.

3. » » » Managing the many different types of customer relationships smoothly & efficiently Efficient stock management wherein it meets the currents requirements without overstocking or being left with old stock Preparing detailed reports based on analysing all the various operational aspects such as – warehousing, floor supervi- sors, etc. » Legislation is becoming more complex for you and your customers. As your administration increases in volume and difficulty, so does the potential for mistakes. » » Acquiring the right talent to contribute to the smooth functioning of the business. Other Wholesalers are no longer your only competitors. Retailers are joining forces. Manufacturers now supply direct. Simply offering a fair price, quality and reliability is no longer enough. » » By offering additional services, you can create extra value, differentiate and attract new customers. An efficient system that processes orders and packages the goods from a distribution centre closest to the customers address. » Seamless workflow and managing your growing business with a robust system that can keep up with the changing times. » Supply chain disruptions from third party logistic companies or manufacturers and other unforeseen political events – labour disputes, etc. directly impact the cost and inventory. Wholesale distributors are at the helm of the commerce process and are a significant factor when it comes to its smooth functioning. An efficient system calls for a 360-degree business visibility, adept order and shipment processing, efficient inventory management and smart problem solving. This is where SAP ®Business One steps in by providing the right balance of CRM, ERP and warehousing solution. SAP® Business One for Wholesale Distribution SAP® Business One is designed with small businesses in mind, so it is affordable, quick to install, easy to use and simple to maintain. As your business grows, SAP Business One allows you to easily adapt the application to meet changing business needs. SAP® Business One provides a single system for processing analytics and transactions, smarter business process handling, accounting and financial management, sales and customer management, purchasing and operations management, inventory and distribution management, ad-hoc interactive reporting plus customizable dashboards and analysis. It allows you to manage your entire business from anywhere on any device, by automating key business processes and streamlining for maximum operational efficiency.

4. Consider these questions: » How well does your existing ERP solution streamline the order-to-cash process, in terms of automating supply and distribution chains? » How does your current software support warehouse and inventory management, bin location management, goods receipt and issue control, and product and material requirements planning? » » » To what extent do you think you could improve customer satisfaction with faster, more accurate order processing? How much do you think you could improve your margins with more efficient quoting and insight into true costs? How long would it typically take today to get accurate information about inbound and outbound shipments, inventory and item location? » » » Are you able to produce accurate bills of materials, costing and stock reports? How does your materials planning impact on your control over stock levels? Do your staff have to switch between workflows to fulfil orders? If the different parts of your business aren’t connected and able to easily share information, you’re not running as efficiently as you could, and that means devoting more time and resources to managing the business than necessary. A scalable and affordable business management system like SAP Business One helps reduce these inefficiencies and drive productivity and increase profitability. SAP® Business One Overview The SAP Business One application for wholesale distributors has been specially designed to run all the key processes you require such as order processing, procure-to-pay and purchase order optimisation with improved functionalities like inventory control, warehouse management, supplier-managed inventory, direct store delivery and chargeback. You may be using multiple applications to run your business, which fail to deliver a unified view. Your business executives spend more time on operations, rather than providing strategic insights for better decision-making. Not having the right information in real-time can lead to duplication of work and managing multiple locations and currencies difficult. This makes it essential for you to opt for a comprehensive and cost-efficient solution. SAP® Business One application has been designed to meet the growing needs of small and midsized businesses. It supports all the processes needed to run your operations, captures important information, stores critical business data and provides users, instant access, from anywhere and at any time. It is a complete business solution that can help you to manage all your functions like accounting, sales, CRM, operations, service, inventory, warehousing and more. You get better visibility and control and can run your end-to-end business processes smoothly. It also makes integration with your other systems easier and provides extensive flexibility for future growth and innovation. It is offered as “on premise”, “on-demand” and also as a mobile app to help you get real-time insights and stay ahead of your competitors. It is highly scalable and helps you to expand, as your business grows.

5. SAP® Business One Features Summary Accounting and Financial Management Customer Relationship Management You can streamline and automate financial management with SAP® Business One, which integrates accounting, sales, and purchasing data. It will help you to improve margins, reduce errors, and make profitable decisions. You can convert more prospects, keep your clients happy, and maximise business revenues. The integrated CRM tools support all of your sales, service, and marketing activities – from managing campaigns to tracking leads to administer- ing after sales support. Warehouse and Production Management Purchasing and Procurement SAP® Business One helps to optimise your entire purchas- ing process – from planning and PO creation to vendor selection, invoicing, and payments. You can manage inventory across multiple warehouses in real-time and maintain cost-efficient production. SAP® Business One will help you to track and record stock movements, optimise inventory levels, improve on-time delivery, and control stock-outs. Reporting and Analytics Reporting and Analytics helps in creating updated reports easily. You get end-to-end visibility of your business and gain real-time insights for better and quicker decision-making. SAP® Business One will thus help you to streamline your business processes, act on timely information and drive profitable growth!

6. Summary SAP® Business One solutions for wholesale distributors offer a complete web-based solution empowering businesses with the following benefits: » » The ability to easily engage with clients through omnichannel commerce – phone, emails, social media, in person etc. An extremely nimble dashboard that can be customised to suit your needs including built-in best practices for wholesale distribution. » A warehouse management and inventory management system that gives you all the capabilities to convert leads into orders and generate revenue. » » Cut warehouse inefficiencies and reduce the need for warehouse space. Real-time analytics and a 360-degree view of your business enabling you to provide better services at a low cost and reduced risks. » Transform and modernize your business with game-changing software designed specifically for wholesale & distribution Why Silver Touch? Silver Touch Technologies is a partner of SAP® and has expertise in 15+ industry verticals. Silver Touch has 90+ successful SAP® Business One implementations with 100% delivery record over the last seven plus years. We are always on hand to support you with our SAP® Business One experts. This is provided by our 24/7 support center. We pride ourselves on achieving customer satisfaction, since the cornerstone of our success lies in building long-term relationships with our clients ensuring successful use of Business One. Our Solutions for the Wholesale and Distribution sector has enabled companies to leverage all the benefits of SAP® and deliver quantifiable business benefits keeping them ahead of the game.

7. THANKS FOR READING To learn more, Visit us on the web at www.silvertouchtech.co.uk Salisbury House, 29 Finsbury Circus, London - EC2M 5QQ United Kingdom. Phone : +44 203-872-5140 | Email : info@silvertouchtech.co.uk Silver Touch Technologies UK © All right reserved.