In today’s competitive business environment, wholesale distributors face critical factors that directly affect customer satisfaction and profit margins. These challenges, combined with customer demands for product availability, can conflict with operational goals of increasing inventory turnover and minimizing costs. However, business automation software can deliver sophisticated distribution capabilities designed to help you with these important business issues.
financial management tools and techniques
different purposes such as financial reporting, commissions, and replenishment calculations. Sage MAS 500 maintains the accuracy of FIFO, LIFO, Weighted Average and specific item costing methods by creating and maintaining cost tiers at each stock receipt. If a distributor needs landed cost capabilities, Sage MAS 500 enables users to include estimated non-product costs (freight, customs duties, and more) when the material is received from a vendor. For taxation and government compliance purposes,