The cosmetics distributors industry is constantly changing. In this fickle business, distributors must quickly adapt to changes in customer preferences, global competition, and new technologies. That’s why it’s more important than ever for distributors and retailers to work with modern cloud enterprise resource planning (ERP) software. Such a solution will provide seamless connections to online marketplaces, web storefronts, and brick-and-mortar outlets. It will also offer connections to back-office ERP applications for order fulfilment, shipping, operational analysis, and reporting.
Why is a modern ERP solution important in cosmetics?
As a cosmetics distributor, the right distribution management software is essential to staying competitive. You must connect with multiple online marketplaces and outlets with ever-changing customer preferences and global competition. Today’s “hot, must have” item can easily become tomorrow’s “meh…” Overstocking is always a risk. Additionally, your back-office ERP applications need to connect seamlessly for you to fulfil orders. Cloud ERP software provides these capabilities and more.
Unfortunately, many cosmetics distributors are relying on entry-level accounting tools and outdated ERP systems. As a result, they are constrained, with obsolete software preventing them from expanding, hindering automation, and leading to error-prone manual processes.
Today’s ERP applications have come a long way, offering a comprehensive platform that connects front-end commerce apps with back-end ERP features. This real-time, bi-directional system provides greater visibility and control over every aspect of the business for improved customer experiences and order fulfilment.
Acumatica offers a feature-rich ERP solution
Acumatica cloud ERP is well suited to the cosmetics distribution business. Its robust inventory management system supports matrix items, allowing your business to create and manage the kind of large product families common in the cosmetics industry. Additionally, its eCommerce, point of sale (POS), and field service applications extend Acumatica’s functionality. With Acumatica, you can connect your storefront with a flexible back-office system that grows with your company. Plus, its distribution editions offer unique customer experiences and valuable insights into your business.
Acumatica’s inventory management application is versatile and can help your business create and manage product families of any size. With Acumatica, cosmetic distributors can:
- Increase sales with promotions, flexible pricing, up-sell and cross-sell suggestions, and integrated CRM for marketing and sales automation.
- Get real-time visibility into inventory levels and stock availability across all locations
- Keep track of inventory efficiently with the lot and serial number tracking, kitting, warehouse management software built in, and the ability to change between unit measurements.
- Manage product variants, formulations, and packaging
- Minimize rush orders and stock-out situations, increase inventory turns, reduce carrying costs, and use efficient replenishment to keep volumes up.
- Please customers by providing them with omnichannel orders and returns, inventory stock reservations, faster order processing, and streamlined fulfilment.
Bottom Line
Cosmetics distributors need modern cloud ERP software to stay competitive and agile. Acumatica offers an effective solution. Its inventory management system supports matrix items, a key part of the cosmetics business. Acumatica further provides eCommerce, POS, and field service applications that make cosmetics distribution operations more efficient. With Acumatica, you can connect your storefront with a flexible back-office system that grows with your company. Acumatica’s distribution editions offer unique customer experiences and valuable insights into your business.
To learn more about how Acumatica can help you run your cosmetics distribution business better, download this ERP Guide for Cosmetics Distributors.