Does Your Wholesale Operation Need Gears?
Gears are not often thought of in terms of wholesale management, but the definition of “gear” is basically “something designed to optimize performance.” Whether the gear is on a bike or part of an engine or some specific equipment for a task, the gear helps to adapt the process needed for achieving your immediate goal. On a mountain bike, for instance, gears help you go fast on the flat road and shift to move powerfully up the hill. The trick to using gears lies in knowing how to make the adjustments needed to do the job correctly.
Assessing When Change Is Needed
On a bicycle, the need to change gears is apparent when the road changes. In wholesale operations, monitoring activity and inventory status in real time give similar indications of a need for a change. Because ChainDrive is able to collect all data in real time and store it in a secure, centralized database, assessing when change is needed is simply a matter of setting alerts on what is important to your business goals.
Shifting Into Appropriate Action
A rookie bike rider is intimidated by gears because they are unfamiliar. It takes a while to learn how to use them appropriately but the effort is worth it. In wholesale operations, new software is as intimidating as all the gears and chains on a sporting bike. But ChainDrive provides professional support when you need it so you can confidently shift into appropriate action. The learning curve is negligible when you see how the software smooths the operation of catalogue and vendor management, invoicing, and more.
Uncommitted inventory can be made available to your sales force as Open to Sell without fear of overselling what is no longer in stock. Multiple client orders can be linked automatically to manufacturing purchase orders and then segregated when they come in. Credit alerts enable you to react prior to shipment so that delinquent accounts don’t cause increasing problems.
Utilizing Data Infrastructure As Gears
Just as the gears on a bicycle shift to meet the conditions of the road, ChainDrive Wholesale Management software gives you the power and flexibility to meet the conditions of your business no matter how often conditions change. The data infrastructure you use determines your ability to go as fast and as far as you want to.