Some potential benefits of a DMS for your company are listed below.
From production to distribution, there is a rigorous set of procedures that must be adhered to before any given product can reach the consumer market. As soon as production is complete, the product is sent to wholesalers and retailers for sale to the final customer.
When it comes to the logistics of shipping finished items, a sophisticated distribution management system (DMS) zeroes in on the supply chain nodes that matter. Procedures include manufacturing, packing, inventory management, warehousing, and shipping.
Supply chain management and customer service in India are growing increasingly complex, making distribution management software a must. Streamlining stock replenishment, storage costs, and production scheduling are just a few of the channel sales facets that are simplified by this method of tracking secondary markets to the point of sale.
Let's look at the benefits of utilizing a Distribution Management System. Although the true number of benefits is probably certainly infinite, we have compiled a brief list of the most crucial ones:
1. Easily gotten to right now
Having full, real-time visibility into all of the data passing through your distribution networks is crucial for a fast-moving consumer goods company like yours. If you don't have a DMS, you have to rely on infrequent, stale, and expensive offline data that is delivered by your distributors at set intervals. Distributors should not reduce their stock levels, the number of pending orders, the number of returned orders from retailers, or anything else that could affect their supply chain. As a result, you need distribution management software to effectively manage your distribution network.
2. Remote monitoring
To keep up with the fast revenue growth in India, fast-moving consumer goods (FMCG) companies are expanding their distribution networks to nearly all of the country's districts. Due to the difficulties associated with massive numbers, time management, and the geographical isolation of the distributor, it may be difficult to acquire precise data on your product flow from all of your distributors. Distributors in urban areas, rural areas, or any place else in the world may be able to access the same information centrally if a distributor management system is in place.
3. An important incentive for the retailers who stock your items
Because it would streamline and automate so many operations, using a DMS would be extremely beneficial. Automation of product movement of all types, system-generated bills, data on late payments, and intelligent notifications are just a few of how this software will make a distributor's life easier.
4. More quickly resolved conflicts.
Your distributors will appreciate how the DMS speeds up the claims-processing phase. Thanks to the DMS's management of return policies, damaged receipts, and everything else, the corporation and its distributors will have constant monitoring of deliveries and payables. Furthermore, all claims may be finalized considerably more rapidly if submitted electronically via DMS as opposed to manually, which would necessitate many rounds of revisions between the two sides.
5. Better advertising and strategy management
No company doesn't rely substantially on its advertising and rewards programs. Many businesses are willing to invest much in this sort of endeavor. Using the Distributor Management System, you will have a complete understanding of how each scheme is functioning, and all necessary checks and balances will be in place at the time of invoicing.
6. Rapid replenishment
FMCG companies have multiple touchpoints with consumers, including stockists, distributors, retailers, and other routes of distribution, all of which require constant attention to stock levels. DMS allows for the monitoring of a wide variety of data, including but not limited to stock levels, expiration dates, batch numbers, and returns. Distributor sites provide you with early access to major updates and speedier replacement delivery than ever before.
7. Strategic preparation for manufacturing
In an ideal scenario, data from your distributor management system would be transmitted to the demand planning part of your ERP system. By doing so, the ERP's production planning engine may take into account things like stock levels and pending orders at distribution locations. As a result, your production resources will be utilized more efficiently, and you will squander less of them.
Comments
Post a Comment