Distribution management involves the constant tracking of a company’s resources to make sure that they are being used in the most efficient and productive ways possible. Not only that, but it is also the process of delivering a variety of products from the manufacturing locations to warehouses and/or the end user via a point of sale transaction. Essentially, distribution management is all about getting the right products into the hands of people who order them and finding ways to optimize this process and make it as fast and smooth as possible.
Distribution management has become increasingly more complex as sales channels are more diverse today across ecommerce platforms and brick-and-mortar stores. Manufacturers are becoming their own distributors and even retailers. It’s common for warehouses to have a small retail front on site. Drop shipping (single orders) has become more prominent as well, especially with online retailers. Stores and shops will still order in bulk, but in smaller quantities in order to prevent overstock and excess inventory. Online retailers will often not want to risk bulk orders before having a surety of demand and will take advantage of drop shipping.
You need to stay on top of your inflow and outflow. Stockouts are detrimental to your business and inventory that sits on your shelves for an inordinate amount of time represents wasted money. Fishbowl Warehouse is a robust distribution management system that will simplify your inventory management, calculate automatic reorder points, enable inventory forecasting, integrate with your accounting and shipping solutions, and much more.
Fishbowl's distribution management software (Fishbowl Warehouse) is a big key to your business's success. It will help you save a great deal of time and money as you implement its advanced software features. Here are four reasons why you should use Fishbowl in your business
Save Money. Don't waste money stocking up on slow-selling products anymore. Fishbowl will help you balance your inventory levels with the help of automatic reorder points, detailed inventory reports, forecasting tools, and more so that you will make the most of your resources.
Save Time. Fishbowl seamlessly integrates with QuickBooks, so you can scan product barcodes to update your inventory and accounting records and not worry about double data entry. This saves time and prevents data entry errors that commonly occur with manual processes.
Handle Growth. As you expand into more locations and face new challenges, Fishbowl can grow right along with you. Through a number of integrations and plugins, Fishbowl can automate many areas of your business, including ecommerce, shipping, accounting, and merchant services.
Plan Ahead. Be prepared for sharp changes in customer demand by having an accurate and up-to-date record of product sales and orders that you can quickly access in Fishbowl. There is even a Forecast plugin you can run in Fishbowl’s interface to help you plan ahead for seasonal changes in demand.
Distribution management is the process of keeping track of an organization’s resources and making sure they get where they need to be. It is more challenging than ever, which is why many companies use distribution management software to save time, save money, keep up with growth, and plan ahead for future needs.