3 Ways ChainDrive Streamlines Wholesale Management
Wholesale supply has different dynamics than retailing but an equal need for an integrated retail software solution to the challenges. ChainDrive wholesale stock management software has functions specifically designed for wholesale suppliers and the ability to customize your software suite exactly as needed for optimum performance. Among the basic functions, these three areas are key to the profitability of every wholesale enterprise.
Process Orders
Client order management is an intricate task. Build in automatic credit alerts and discount rules to make the process streamlined. Link multiple client orders to your own manufacturing purchase orders and segregate them when you get the shipment. With the right wholesale stock management software, analytic functions and detailed reports can give complete control over order status, payment terms, multiple shipping locations, labeling specifics, and any other information that should be considered.
Obtain Client & Inventory Status
It’s good to know what a client’s financial status is when dealing with orders. Because the integrated accounting is linked to credit approval, there’s no danger of allowing an order to jeopardize your accounts receivable standing. Credit limits and other pertinent client notes are instantly accessible.
Open-to-Sell, the uncommitted inventory that could be available if sales agents were aware of it, is transparent internally. Real time status on all unsold inventory is available at the sku level and allows it to be part of sales negotiations. Your stock moves appropriately, increasing your turnover and ROI.
Monitor Agent & Sales Representative Productivity
In order to effectively monitor productivity it has to be real-time. The commission’s engine can be defined to your specifications and links directly to our integrated accounting component. Conditional rules can be set according to your compensation model and evaluations of performance or compensation can be made at any time.
Because the statistical database maintains true historical data on all activities, accurate comparative analysis can be made every year.
ChainDrive’s Wholesale business management software is able to streamline your wholesale operations and keep you ahead of the competition.