Buyers are very busy people in wholesale distribution. Depending on the size of the company, there can be hundreds of thousands of SKUs to review regularly across a few buyers, in addition to the other buyer responsibilities.
When it comes to using a certain ERP, buyers know their way around the purchasing side of that ERP that they’ve had in place – sometimes for years.
So when the company decides it’s going to implement a brand new ERP or third-party supply chain planning system, it’s understandable why a buyer – and others – may have pause.
It’s a whole new system to learn, with new intricacies, and a learning curve. And that would be fine if every other aspect of the job stopped.
But as we know, it doesn’t.
Instead of bringing disruption to the organization where the buyers need to take the time to learn a brand new system and taking away time from their other responsibilities, why not find a solution that will optimize your existing ERP settings to reduce dead stock and lost sales and not change anything on the user’s end?
Your existing ERP purchasing module has a lot of settings and assumptions. In fact, these settings play a major role in the calculations for how much to stock and buy. However, very few people understand how these settings work and much less how to monitor their effectiveness and optimize them. Not to mention that you stock so many SKUs that it is impossible to manually examine the settings for each SKU at each stocking location.
Implementing Thermostock® and Tiltmeter®, Thrive Technologies’ AI ERP optimizers, to connect as bolt-ons to your current ERP system provides across-the-board benefits – including maximizing inventory turns and fill rates without the disruption.
Both Thrive products are ERP optimizers and have a direct integration with existing ERP systems. By implementing these products, the interface won’t change for the buyer, so they’ll be able to use their existing ERP system as they normally would without needing to learn a brand new buying system.
What’s more, your buyers will be able to reap the benefits by having these products automatically monitoring the effectiveness of your ERP purchasing settings across the thousands of low-selling SKUs, allowing your buyers to focus on the high-selling SKUs.
Not only do these products leverage your investment in your existing ERP system without a disruption, but they allow buyers to maximize their time by focusing on the tasks that truly deserve their attention and experience.