This may sound impossible to accomplish without increasing personnel and incorporating many different software and hardware systems into your business. However, with the right wholesale business software system you can accomplish all of these tasks, without large expenses or extended training programs.
A proper wholesale business application or software will allow you to actively maintain inventory levels so that sales reps always know what is available for their clients. It will also provide sales order software that is compatible with any newer hand-held device. This provides sales reps the power to complete orders onsite, without having to fill out paperwork and wait to complete a sale. It will also provide your reps with a digital catalog of all your products, further reducing paperwork and creating easy access for their clients to review products.
The online sales tools will streamline the ordering process while providing reps additional ways to meet the demands of their clients.
The software program should also actively track inventory levels in stores that you are servicing. Sales reps should be able to easily access inventory in the retail center and create orders accordingly. Long, drawn-out sales calls will be a thing of the past.
Wholesale merchandise companies also understand the nightmare of not having enough merchandise to meet demand, or having too much merchandise of slow sellers. Effective tracking in the warehouse as well as in your retail centers is critical to good stock control. With a good wholesale software system, you can easily track merchandise in all areas of your business and use the tracking information to balance stock levels.
In addition, the software system should allow the wholesaler to make direct contact with the consumer at the point-of-purchase. When an item is processed through the register, an offer for an extended warranty can be made to the consumer. These warranties are a terrific thing to offer and have a very high profit margin. Also, consumers can be notified through the register if there will be future discounts on products you offer or receive a coupon for their next purchase.
Wholesale companies understand that they need to be very proactive to keep their merchandise moving. Controlling inventory, streamlining sales, and making contact with consumers are the best ways to raise profits without having to continually raise prices. The right system can easily help a wholesale business accomplish all of these tasks.