12 Distribution Metrics You Should Be Tracking
With the cloud, businesses have the advantage of remote support and data access, allowing important services to be delivered with less delay and at a lower cost. This advantage is essential for long-term stability and growth.
By tracking and managing important metrics, businesses are better equipped to leverage available resources for long-term growth. ERP software gives users the tools to effectively track their distributions over the entire supply chain.
What Is ERP Software?
Enterprise resource planning (ERP) software is a tool used by resource managers and small business owners to track and maintain important assets over time. With the right ERP software in place, businesses can save time and money by refining their management processes.
Decision-makers who want more control over their budget can use ERP software to ensure they eliminate waste and improve operational efficiencies over time. Acumatica’s ERP software is a popular tool for businesses that need support in overcoming the unique challenges that they face.
Managing Distribution with ERP
While resource managers and small business owners have some oversight over the management and distribution of important assets, they can benefit from tailor-made software packages that make ERP more simple than ever before.
Decision-makers who are looking to deploy Acumatica ERP software in their resource management ecosystems should be aware of how they can benefit from state-of-the-art tracking for their products. The software can help you track:
1. Profit Margins
For many businesses, ongoing changes and fluctuations in the market can make it difficult to track and manage profits. With Acumatica ERP software, decision-makers can effectively track purchases, sales, and payroll.
2. Delivery Times
Resource managers and small business owners who want to ensure their day-to-day deliveries get to where they’re going can use Acumatica ERP for tracking from point A to point B.
3. Turnaround Time
Businesses working with depreciating assets require best-in-class tools and software for managing and distributing important assets across channels quickly.
4. Picking Accuracy
Getting clients the right products with as little error as possible is essential for keeping distribution channels open.
5. Equipment Use
With Acumatica ERP, decision-makers can ensure they’re using solutions that are tailor-made to fit their unique needs and tracking the use of business-critical equipment.
6. Stock Management
As operations become more complicated, decision-makers can have trouble ensuring certain products are available when they’re needed. Acumatica ERP offers a centralized management platform to simplify distribution channels and make it easier to get products at a moment's notice.
7. Warehouse Capacity
Acumatica ERP gives users data-driven decision-making tools for staying on top of their inventory. By prioritizing the management of important data and information, Acumatica ERP makes it simple for users to effectively manage their warehoused assets.
8. Lead Time
Helping users access the information they need when they need it is essential for resource management. Successful B2B and B2C operations heavily rely on the ability of the company to support its workers with the necessary assets and services.
9. Order Rates
Acumatica ERP makes it simple for resource managers and small business owners to stay on top of the number of orders they receive during any given period. Allocation of resources with cloud tools improves daily operations.
10. Return Rates
With Acumatica ERP, businesses have oversight over the number of products that are being sold and returned at any given time.
11. Marketing Outcomes
Marketing resource management requires a multitude of data points and investment approaches for designing and implementing successful strategies. With cloud-based tools and software, ERP solutions can effectively deliver real-time data metrics that decision-makers can leverage for executing their marketing strategies.
12. Shipping Delays
ERP is designed for users who need access to their data anywhere and anytime. With Acumatica, users can control costs and eliminate delays.
By leveraging the power of the cloud, resource managers and small business owners have more control over distribution than ever before.
Get the Full eBook: Distribution Metrics That Really Matter
While most distributors use metrics like the above to drive daily decisions, improve quality, and guide operational excellence, many have yet to harness metrics to transform their organizations
Our eBook, Distribution Metrics That Really Matter, explains the importance of tracking key performance indicators, diverse metric types, and common mistakes made by wholesale distribution executives.
Download now to discover the most important metrics to monitor for continuous improvement and align goals for actionable metrics to transform your entire organization.
Distribution Metrics Made Easy With Acumatica and Cloud 9 ERP Solutions
Metrics are essential for today’s distributors to protect eroding margins, reduce costs, and fend off competitors. Know what is happening, predict what will happen, and manage your business by exception with role-based dashboards, actionable reports and inquires, flexible workflows, and robust business intelligence applications. Align departmental key performance indicators with topline corporate metrics. Look for leading indicators to circumvent future problems and leverage technology to collaborate across departments with employees or externally with customers and vendors.
Built on a future-proof cloud platform with native artificial intelligence and machine learning, Acumatica provides unmatched distribution depth with robust financials, native customer relationship management, service management, and powerful business intelligence applications.
At Cloud 9 ERP Solutions, a Gold Certified Acumatica Partner, we have worked with companies like yours to configure and deliver Acumatica Cloud ERP, a product ready and able to handle your challenges.
Get to know more about how we work, who we’ve helped, and why we’ve been a leader in the business for nearly three decades by contacting us for a free consultation.