Three Improvements in Microsoft Dynamics NAV 2015 That Help SME Wholesale Distributors
The traditional model of wholesale distribution has changed dramatically in recent years. Companies now seek to hold far less stock and more often sell in advance of sourcing goods and shipping to the customer. The Small to Medium Enterprise (SME) sector has even more specialized needs, as companies strive for growth while remaining careful around spending on enterprise software solutions.
Enterprise Resource Planning (ERP) has, until recent years, been the province of manufacturing companies as SME distribution and supply chain firms resisted investing in IT solutions. Microsoft Dynamics NAV 2015 now offers a range of new and improved capabilities to help grow wholesale distribution businesses. Let's look at specific features in the areas of receivables, warehouse management, and inventory management that can benefit wholesale distributors
Sales & Receivables
Sales Order Management: Manage sales quotes, blanket sales orders, EDI orders and sales order processes in NAV. Realise shipping and invoicing independently of each other, control partial shipments, manage prepayment invoices, etc.
Sales Invoice Discounting: Set up flexible discount terms (percentage, minimum levels, etc) at line or total order value in multiple currencies. Once set up, discount calculations are carried out automatically.
Campaign Pricing: After setting up a price/discount campaign, customers or contacts associated with the campaign will automatically receive the campaign level prices and discounts.
Alternative Shipping Addresses: Multiple ship-to addresses accommodate and manage customers that have more than one site to which orders can be shipped. The delivery location can be selected when generating a sales order or invoice.
Warehouse Management
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