Pop quiz: Name one industry that hasn’t been completely transformed by information technology. Okay, that’s a trick question, especially if you weren’t around thirty years ago to see what it was like before IT innovations revolutionized distribution management. Many processes that were once manual are now completely automated. Of course, some industries have undergone more technological transformation than others.
Take the wholesale distribution industry. The basic function of the distribution industry hasn’t changed over time: It’s still about moving goods and services from manufacturers and distributors to customers through any number of channels, while facilitating the associated monetary transactions. Today, distributors need to manage the same functions that they did forty years ago, such as taking an order through multiple sources, tracking inventory, managing the warehouse, accounting from the subledger through to financials, purchasing, dealing with the supply chain, and more.
For years, these functions were managed manually, often by different departments in the organization. Companies found it difficult to gain a centralized, consolidated view of their overall business. With data being generated in many different ways and coming from many different places, it was easy for operations to go a little haywire. Today, the management of these disparate functions is facilitated by distribution management software applications, like those available from Apero Solutions.
Software to the Rescue
The distribution industry has always been extremely competitive, so distributors are constantly looking for ways to improve customer service while reducing costs. Software solutions that focus on driving revenue and inventory improvements, like Apero’s Latitude suite, are specifically designed to address the changing face of the distribution industry. These challenges include offshore suppliers, longer lead times, capturing and calculating landed costs, EDI transactions, and the Sarbanes-Oxley (SOX) demand for accurate, reliable, and flexible applications.
Buyers of retail and wholesale distribution management software need to look for tight integration across the various functions of the business. Whether it’s CRM, purchasing, sales, financials, or business intelligence, it is critical that the databases are able to talk to each other. In addition to cross-functional integration, distribution companies have varying requirements depending on the markets they serve, so it’s important that adaptability is designed into the application from the beginning.
Apero Solutions’ Latitude distribution management software is designed with adaptability as a fundamental principle of its architecture. This product incorporates efficiency into the core functionality and ensures that all distribution management applications are integrated horizontally across the enterprise. Apero’s Latitude software has been helping distributors large and small increase revenue while improving customer service across the board. For distributors looking to take advantage of the latest improvements to distribution management systems, Apero’s Latitude solution should be at the top of your list.
To learn more about how Apero Solutions can help your distribution business thrive, contact us today.