Recently, Ultra hosted a webinar and welcomed Microsoft Dynamics Gold Partner, ArcherPoint, to discuss how mastering inventory management with the right distribution technology can lead to success for distributors. Marketing Director Suzanne Scanlan and Solution Consultant Bruce Kennedy shared their take on some of the challenges distributors face today, and how ArcherPoint can help overcome those challenges with the Microsoft Dynamics NAV Distribution ERP solution.
The Relationship Between ArcherPoint and Dynamics NAV Distribution ERP
Before diving into how ArcherPoint addresses the issues distributors are facing today, Suzanne shared ArcherPoint’s perspective on the basics of Microsoft Dynamics NAV. According to Suzanne, Microsoft Dynamics NAV is a customizable, scalable ERP solution built for growing companies, with multi-lingual and multi-currency capabilities. Suzanne also pointed out that more than 90,000 companies who run their businesses with NAV, many of which are distributors or have some sort of distribution operations.
Challenges Solved with Dynamics NAV Distribution ERP
Today’s distribution companies face the same challenges distributors have encountered for years: tight margins, eliminating excess stock, balancing carrying costs and fill rates, all while streamlining operations and reducing waste. In addition, today’s market has brought a different set of challenges.
The on-demand speed and ease of access made available by the internet and e-commerce has created greater customer demands for service and speed, and has made location less of a deciding factor when buying.
In Dynamics NAV Distribution ERP, ArcherPoint believes they have the tools to help distributors win customers in this new competitive landscape by enabling innovation that adds value and builds customer loyalty, while also helping control costs and eliminate waste. ArcherPoint has seen customers also benefit with shorter order processing times, an integrated supply chain, increased control, and better visibility by leveraging ArcherPoint’s offering of Dynamics NAV Distribution ERP features and functions, which include:
- Inventory Management
- Warehouse Management
- Order Processing and Pricing
- Business Analytics
- Purchasing and Procurement
- Inventory Forecasting and Replenishment
Bruce Kennedy’s demonstration of inventory control within Microsoft NAV showed just how easily a user can automate and streamline business processes, thus reducing time spent processing things like purchase orders and replenishments. Bruce also demonstrated the ability of Dynamics NAV distribution ERP to give you greater visibility and control of inventory with support for multiple locations and intercompany transactions.
Even with the limited time we were able to spend with Bruce and Suzanne, it is clear that ArcherPoint has great understanding of the challenges distributors face today, and how Microsoft Dynamics NAV Distribution ERP system can help growing companies address these challenges.