NetSuite for Wholesale Distribution
The #1 ERP Solution for Distribution Companies
Are you considering the implementation of NetSuite for your wholesale distribution business? Uncover the reasons that position NetSuite as the leading ERP choice for wholesale distributors. Designed to optimize supply chain and inventory management, streamline operations, and enhance real-time visibility, NetSuite provides a comprehensive, cloud-based platform that integrates key business functions, helping wholesale distributors reduce costs, improve efficiency, and adapt swiftly to market demands. GSI amplifies this with its deep industry experience in wholesale distribution and expert knowledge of NetSuite to deliver the tailored solution your organization needs to stay effective and competitive.
Hear What our NetSuite Wholesale Distribution Clients are Saying
COPPER CANE WINES & PROVISIONS
Reflecting on Copper Cane’s successful NetSuite implementation, Ochoa said he can’t overstress the importance of GSI’s role in that positive outcome. “GSI really did knock it out of the park."
Art Ochoa, Director of IT
HOURGLASS COSMETICS
Hourglass was able to eliminate hundreds of hours of work each month as well as position the company for major international growth.
CFO/COO at Hourglass
R ALLIANCE AG SUPPLY
R Alliance wanted to select specific items from a customer's open sales orders to create a single new sales order for fulfillment and invoicing. GSI stepped in and consolidated all the invoices within a single day, including those accumulated over an entire year, leading to a single document for shipment on a single truck and one invoice for the customer's payment.
THE PITCH HOPPER
SUPER73
What Are the NetSuite Benefits for Wholesale Distribution?
NetSuite offers a comprehensive solution tailored for wholesale distribution companies. It seamlessly integrates customer-facing sales automation, including quotes and orders, with marketing and customer service capabilities. These features are linked with back-office functions such as inventory management, fulfillment, and accounting. With thousands of successful implementations, NetSuite understands the unique challenges faced by wholesale distribution businesses across all sectors. Let's explore the benefits:
Effective Inventory Management
Effective inventory management is crucial for wholesale distribution companies. NetSuite’s robust inventory management features help businesses optimize inventory levels, reduce handling costs, and minimize stockouts. The system supports demand-based planning, which considers historical demand, sales forecasts, and seasonality to ensure that the right products are available at the right time. This leads to improved customer satisfaction and reduced carrying costs
Supply Chain Optimization
NetSuite includes supply chain portals for vendors, customers, and sales partners, which help maximize efficiency and streamline operations. These portals facilitate better communication and collaboration across the supply chain, leading to faster order fulfillment, reduced lead times, and improved supplier relationships. This optimization is essential for maintaining a competitive edge in the wholesale distribution industry.
Real-Time Visibility
Unified Business Solution
NetSuite integrates various business processes into one unified platform, allowing wholesale distribution companies to manage accounting, inventory, customer relationships, and more from a single system. This integration reduces the need for multiple software tools, leading to streamlined operations, reduced IT costs, and improved data accuracy. A unified solution also enhances collaboration across departments.
Scalability
As a cloud-based solution, NetSuite can easily scale with your business. Whether you’re a small distributor or a large enterprise, NetSuite can accommodate your needs as you grow. This scalability ensures that the system can handle increased transaction volumes, additional users, and expanded operations without requiring significant changes or investments in new software.
E-commerce Integration
Tax Compliance
NetSuite simplifies tax calculations, even for complex, multi-country operations. It can automatically calculate VAT and taxes for over 100 countries, reducing the burden of tax compliance. This feature is particularly important for wholesale distribution companies that operate internationally, as it ensures compliance with local tax regulations and reduces the risk of penalties.
Customer Relationship Management (CRM)
NetSuite's CRM capabilities are crucial for wholesalers to effectively manage customer relationships. It offers a detailed view of interactions, sales, and preferences, enabling targeted marketing, enhanced service, and sales growth. Businesses can pinpoint major accounts, monitor sales, and launch focused campaigns to boost loyalty and retention.
Top 10 Features Wholesale Distribution Companies Love About NetSuite
NetSuite’s Wholesale Distribution Edition offers a range of features that wholesale distribution companies find particularly beneficial. Here are the top 10 features they appreciate the most:
Order Management
NetSuite’s Order Management function streamlines the order-to-cash process, providing end-to-end visibility and automating manual tasks. This improves efficiency, reduces errors, and enhances customer satisfaction through higher order fill rates and accurate fulfillment. Tools like the Supply Chain Control Tower offer robust supply chain control, while customizable workflows ensure a seamless fit for your operations.
Inventory Management
NetSuite’s Inventory Management provides real-time visibility and control over stock levels. It optimizes inventory through demand-based planning and reduces costs by minimizing handling and optimizing cash flow. Automated replenishment processes prevent stockouts and excess inventory, improving operational efficiency and allowing centralized management of inventory across multiple locations and channels.
Customer Management
NetSuite’s Customer Management offers a 360-degree view of customers, streamlines sales processes with sales force automation, and enhances marketing capabilities through multi-channel campaign management. It improves customer service with automated case management and integrates seamlessly with back-office functions like inventory and accounting, ensuring smooth information flow and reducing errors.
Financial Management
NetSuite’s Financial Management provides real-time financial visibility, automates transaction flows to reduce errors, and generates comprehensive reports for better budgeting and strategic planning. It streamlines expense management, ensures compliance with accounting standards, and integrates seamlessly with other business functions like inventory and order management, enhancing overall efficiency and control.
Reporting and Analytics
NetSuite’s Reporting and Analytics provide real-time access to financial and operational performance, enabling better decision-making through secure, self-service capabilities. It offers prebuilt reports, role-based dashboards, and KPIs based on industry best practices. Predictive analytics powered by machine learning and AI can forecast demand, optimize inventory, and analyze profitability by customer, product, or channel, ensuring you stay ahead of market trends.
Advanced Pricing Rules
NetSuite’s Advanced Pricing Rules allow you to set up multiple price levels with customer- and currency-specific pricing. You can apply dollar and percentage discounts, promotional codes, and manage price levels based on customer segments. This flexibility helps you optimize pricing strategies, provide personalized pricing, and increase profits through better control of your pricing and promotional strategies. Transaction-level gross profit analysis enables informed decisions to maximize profitability.
Multi-Currency Support
NetSuite’s multi-currency support enables global transactions in local currencies, providing real-time currency conversion for accurate financial data. It simplifies accounting with consolidated financial reports, enhances customer experience through localized transactions, and ensures compliance with international accounting standards. These features collectively help expand your global reach, improve financial accuracy, and boost operational efficiency.
Multiple Warehouse Management
NetSuite’s Multiple Warehouse Management provides improved inventory control across multiple locations, streamlines order fulfillment to reduce shipping times and costs, enhances data accuracy through mobile data capture, optimizes warehouse space utilization, and enables better decision-making with real-time visibility into inventory levels and operations. These features collectively enhance operational efficiency, reduce costs, and improve customer satisfaction.
EDI Integration
NetSuite’s EDI Integration automates order processing, speeds up transactions, reduces costs through minimized manual processes, improves data accuracy, enhances partner relationships with seamless communication, and supports scalability to handle increased transaction volumes and new trading partners efficiently. These advantages collectively boost operational efficiency, reduce costs, and improve customer and partner satisfaction.
Mobile App
NetSuite’s Mobile Applications enhance productivity through real-time access to business data, improve decision-making with instant information, streamline operations by managing sales and inventory on the go, boost customer service with mobile access to customer information, and increase flexibility by enabling your team to stay connected and productive from anywhere. These features collectively improve efficiency, customer satisfaction, and competitiveness.
Challenges Facing Wholesale Distribution Companies and How GSI Can Help
Challenge
Decentralized data
Solution
Get all your data into a single, customizable system, accessible anywhere, anytime
Challenge
Fractured view of customers
Solution
Record every interaction automatically in a single, searchable system -- from marketing to selling to service and support
Challenge
Disparate software that does not communicate
Solution
One ERP system to unify accounting, inventory management, order management, and eCommerce
Challenge
Limited eCommerce options
Solution
Embedded e-commerce capabilities and integrated fulfillment processes enable businesses to capture and fulfill orders in real time for rapid expansion and higher customer satisfaction
Why NetSuite for Distribution Companies?
Struggling with inefficient inventory management, manual processes, and disjointed systems? Consider NetSuite, the #1 Cloud ERP, to streamline your operations from procurement to demand planning, integrating finance, CRM, ecommerce, HR, and more in a single system. In an era of supply chain challenges and fierce competition, wholesale distributors benefit from a unified business system. NetSuite’s cloud-based ERP solution optimizes every aspect of your business on one platform, improving efficiency, increasing margins, and meeting modern consumer demands.
GSI is the #1 NetSuite Solution Provider for distribution companies in the United States. GSI consultants have, on average 12+ years of experience in NetSuite and ERP for distribution companies. We challenge our clients with a real world understanding of how software changes in NetSuite will affect your overall business.
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Enhance Efficiency with GSI and Advectus
Want to enhance efficiency in your dealership operations? GSI’s specialized partnership with Advectus offers a comprehensive solution built within NetSuite’s powerful ERP platform. This unified system combines advanced Dealer Management capabilities with robust ERP functionalities, streamlining your business processes, boosting productivity, and driving growth—all without the need for complex integrations.
Discover the difference our seamless, built-in solution can make for your business.
Working with GSI NetSuite Experts
The GSI NetSuite team consists of former CFOs, CEOs, supply chain experts, accountants -- people with real business experience.
Most of our consultants are also accountants. We take an accounting-first approach to every implementation, where we see many other firms starting with customizations or "changing" NetSuite.
We challenge our clients with a real-world understanding of how business process changes within the software will affect the overall business.
We have a senior-level, 100% US based implementation team. Our consultants average 10+ years of experience in the NetSuite ecosystem.
In addition to new NetSuite implementations, we offer other services, including:
NetSuite License Resale to get you the best deal on your NetSuite licenses and renewals.
NetSuite SuiteCare Support - our #1 rated NetSuite support offering staffed with dedicated resources that perform a business-first discovery of your organization in efforts to become familiar with your account and make better informed consulting recommendations.
NetSuite SuiteAlign Project Rescue - for NetSuite implementations gone wrong that need to get back on track ASAP.
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