Here are seven ways in which a DMS might improve your business.

 

Every item, from manufacture to distribution, must go through a series of steps and follow a specific protocol before it can be released to the public. After everything is done, the product is distributed to retailers and wholesalers who then sell it to the end user.

The focus of an advanced distribution management system (DMS) is on the links in the supply chain that are relevant to the movement of finished goods from one location to another. Some of the procedures include production, packaging, inventory management, storage, and distribution centers.

Distribution management software in India is becoming a must for managing the entire supply chain and satisfying client demands. It helps companies track secondary markets right up to the point of sale, which streamlines crucial elements of channel sales including stock replenishment, storage expenses, and production scheduling.

Let's examine the advantages of implementing a Distribution Management System. While the actual number of advantages is almost certainly unlimited, we have compiled a short list of the most important ones:

 

1. Immediately accessible

As a fast-moving consumer goods company, you know how important it is to have complete, real-time access to all of the data flowing through your distribution channels. Without a DMS, you'll have to rely on infrequent, inauthentic, and expensive offline data that is provided by your distributors at a predetermined frequency. The amount of stock currently available with distributors, the number of orders awaiting fulfillment, the number of orders being returned by retailers, and so on should not be compromised. Because of this, you can't run your distribution network efficiently without distribution management software.

 

2. Tracking from afar

Fast-moving consumer goods (FMCG) companies in India are expanding their distribution networks to nearly all of the country's districts to keep up with the country's rapid revenue development. It may be challenging to collect accurate information on your product flow from all of your distributors due to the issues connected with huge volumes, time management, and the geographical isolation of the distributor. If you have a distributor management system in place, you might have access to all of the data you need, regardless of whether a distributor is located in a metropolitan area, a rural area, or anywhere in between.

 

3. A major perk for the sellers that carry your products

They would benefit greatly from implementing a DMS because it would streamline and automate so many processes. The application will make a distributor's life easier in many ways, including the automation of product movement of all kinds, system-generated invoices, information on overdue payments, and smart notifications.

 

4. Disputes are settled more rapidly.

The DMS will also benefit your distributors by decreasing the amount of time it takes to pay out claims. Distributors and the company will have continuous oversight of deliveries and payables thanks to the DMS's management of return policies, damaged receipts, and everything else. In addition, all claims may be finalized much more quickly if submitted electronically using DMS rather than manually, which would need multiple rounds of modifications between the two sides.

 

5. Enhanced marketing and plan administration

Every business relies heavily on its promotion and incentive programs. This kind of project frequently receives substantial funding from companies. You will have a thorough idea of how each scheme is performing and all essential checks and balances will be implemented at the time of invoicing with the help of the Distributor Management System.

 

6. Quicker restocking times

Stockists, distributors, retailers, and other distribution channels are all points of contact for FMCG companies, and these firms must maintain optimal stock levels at these locations. You can track anything from stock levels and expiration dates to batch numbers and returns with DMS. Distributor locations provide early access to significant updates, and replacements can be delivered much faster than in the past.

 

7. Efficient production planning

Connecting your distributor management system with the ERP system's demand planning section is an ideal case. The ERP's production planning engine will then be well-informed about things like current stock levels, pending orders at distribution centers, and other relevant data. That will unquestionably lead to better production planning, which will ultimately lead to less or no waste of your production resources.