Oracle NetSuite Whitepapers

The introduction of enterprise resource planning (ERP) in the 1980s brought many small- to midsize manufacturers and distributors into the computer age. An ERP platform delivers a single source of truth for financials, production, supply and human resources operations for companies of all sizes.

Yet others of these same type companies, either because they have never embraced ERP or because they are bogged down with aged systems, are struggling with inventory management or supply chain systems that cannot keep up.

Businesses are busy growing right now, and they’re more optimistic than they’ve been in the past 35 years, according to the National Federation of Independent Business (NFIB). If your company isn’t already doing so, now is the time to take advantage of this robust economy and grow your profits. That’s sometimes easier said than done. Many growing businesses operate with fixed budgets and finite resources. Forced to put out daily fires, fulfill the most pressing requests and manage customer issues, business managers don’t always have the time or energy to develop—and put into action—new strategies for growing profits.

As big data becomes increasingly important in the home furnishings space, modernizing a business’s IT environment is no longer a way to get ahead—it’s a requirement to keep pace. Modern home furnishing distributors seeking to capitalize on new global opportunities need to invest in a system capable of unifying their product development, supply chains and distribution networks—whether they are prerevenue or well-established.

As cloud applications mature and the world becomes more connected, modernizing a business’s IT environment is no longer a way to get ahead—it’s a requirement to keep pace. Modern industrial supply distributors seeking to capitalize on new global opportunities need to unify their supply chains, inventory and order processes to deliver the right products to the right people at the right time.