In the fluid power, motion control, engineered products and rubber products distribution & fabrication industry, having a robust ERP solution partner is more critical than ever. With the surge of tariffs, distributors and fabricators in our industry are already experiencing the impact with supply chain disruptions, difficulties forecasting product demand, and higher prices on imported goods – all challenges that can impact the competitiveness and profitability of their business.

One way to negate these issues is to ensure your ERP solution is equipped with the tools to manage tariffs and other surcharges, while providing full visibility into your operations and overall business performance. 

This article highlights the key challenges distributors and fabricators are experiencing in today’s economic climate and how the TrulinX ERP solution provides the tools to overcome them.

7 Different ERP Tools to Address Changing Tariffs

• Tariff Changes: Can your ERP system apply the latest tariff rates to imported goods? You bet we have a feature for that! A good ERP system allows you to easily adjust tariff and surcharge rates in the system that are then applied at the line level and across the board to applicable products.
• Full Visibility into Order Profit Margins: While tariffs will raise the price on raw materials and components, you can implore your sales team to adjust pricing on the line level when appropriate. The TrulinX Margin Control feature gives your sales team the flexibility to adjust prices, while a security feature doesn’t allow that price to go below an acceptable profit margin. When this happens, the Margin Control tool will trigger an email to management.
• Inventory Levels and Product Forecasting: With lead times now ranging from 8 weeks to more than 20 weeks, visibility into your inventory is crucial. The TrulinX Inventory Management features provide complete company-wide visibility on your items, enabling you to see open orders, available product at branches, pending purchase orders, item transaction history, quantity in external fabrication, and additional inventory metrics. This visibility allows you to better stock your inventory and prepare for the future.
• Inventory Sharing: Inventory sharing is a key feature embedded in TrulinX with our partner WarehouseTWO. You can quickly and easily see the visibility and request the product through other sources who have their inventory visible in the tool nation-wide, allowing you to increase your inventory product line.
• Price Updates: Tariffs are forcing major manufacturers to implement price updates rapidly. The TrulinX Price Update Import feature simplifies the process.
• Landed Cost: Distributors and fabricators may need to adjust their sourcing strategies to find alternative suppliers in different countries to avoid high tariffs. With the Landed Cost feature, TrulinX incorporates all the associated fees (brokerage fees, customs, duty, freight percentage) into the cost of the product when purchasing internationally.
• Production Scheduling and Capacity Planning: Your ERP software should make it easier to forecast product deliverables. TrulinX helps you ensures that you have adequate product and a staffed team on hand to keep production moving more smoothly and efficiently.

Overcome Tariff-Driven Challenges with TrulinX ERP Software

TrulinX’s key features provide your business with a crucial competitive advantage during a time when it is needed most. Additionally, your customers will benefit from an enhanced customer experience at a level they have come to expect.

If you’re ready to gain the competitive advantage and accel your customer service, request a demo today.

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