DMS FOR FMCG COMPANIES WHY SHOULD THEY USE IT?

           In the process, there are several milestones along the way, from being a raw material to becoming the final desired product; reaching out to customers and providing them with satisfaction; etc. To take care of all of these fundamental activities, distributor management system software is the answer that reduces extra expenses, speeds up delivery time, and eventually generates a profit via its use by keeping tight control over these intermediate operations.

A distribution management system is becoming more important in today's world for dealing with the supply chain network and satisfying customer demand. It is in charge of overseeing the steps of the supply chain that are involved in the appropriation of final products. Assembly, packing, inventory, storage, and transportation offices are all integrated with the process.

It also helps with promotion management, productivity improvement, and the automation of the sales process. Simply said, it serves as the driving force behind all of your sales and distribution operations, both internal and external. Even though there are almost certainly no limitations to the reasons and advantages of utilizing a Distribution Management System (DMS), we have compiled a list of some of the most important ones.

 

1. Real-time visibility is essential

Previously, FMCG firms depended on offline information given by distributors regularly, which was neither real-time nor accurate. Certain information, such as current stock available from wholesalers, orders awaiting fulfillment, requests returned by retailers, and other pertinent information should not be overlooked. Businesses can have comprehensive insight into the execution of secondary sales in real-time with the aid of DMS.

 

2. Conducting a remote site assessment

FMCG firms are now integrating their distribution networks to begin streamlining the flow of items from the manufacturer to the retail outlet. It might be difficult to get clarity on your item development from all of your distributors owing to issues such as high volume, time management, and the distributor's geographic position being far away from your headquarters. No matter if a distributor operates in a metropolis or a semi-rural location, the installation of distributor management software will allow you to get any and all the information you want.

 

3. A significant benefit for your distributors

The Distribution Management System (DMS) has proven to be quite effective in simplifying and automating many of the routine processes of distributors. Distribution management systems (DMS) may make a distributor's life simpler in a variety of ways, including automated product movement, system-generated invoicing, payment data, and intelligent alerting, just to name a few.

 

4. A more expedient settlement of disputes

Another benefit of using Distribution Management Software is the capacity to address disputes as promptly as possible. Distributors and the organization will always have a clear grasp of the deliverables and payables if they use DMS to manage their business. Furthermore, with online distributor claim management via the DMS, all claims will be processed considerably more quickly in the long run. Furthermore, with online claim accommodation via (DMS, all claims will be completed much more quickly than with a manual framework, which often takes numerous rounds of adjustments between the two parties to be successful.

 

5. A tighter grip on marketing tactics and promotions

Promotion and incentive programs are two of the most critical foundations for a fast-moving consumer goods company. Businesses typically incur significant financial losses as a result of these initiatives. In addition to providing you with a full analysis of the success of each scheme, the distribution management system also ensures that all required checks and balances are in place before billing.

 

6. Faster restocking of inventory

FMCG firms must ensure that adequate stock levels are maintained at a variety of touchpoints, including stockists, distributors, and retail outlets. The Distribution system offers you up-to-date information on stock levels, expiry dates, group numbers, returns, and other important information about your business. Significant modifications can be received at distributor locations much earlier than in the past, and replacement parts can be sent much more quickly than in the past as well.

 

7. Effective production planning

In an ideal scenario, the demand arranging module of your ERP would be integrated with the programming of your distribution management software. Following that, the production scheduling engine in your ERP will have accurate information about real-time stock levels as well as pending requests for fulfillment at your distribution locations. This guarantees better production planning and reduced waste of your production assets.

 

8. Standardized procedures

             Finally, by creating a single system for all distributors, you can guarantee that all of the distribution procedures that you require are standardized across the board, reducing costs. Most significantly, since all parties involved are referring to the same system, there will only be one version of the truth in the case of a disagreement, reducing the need for wasteful back and forth.