Below are some potential advantages that a DMS could provide to your business.
Before a product can make it to store shelves, it must pass through a series of rigorous processes, beginning with production and ending with distribution. As soon as manufacturing is complete, the product is shipped to distributors and retailers.
A comprehensive distribution management system (DMS) hones in on the key nodes of the supply chain to optimize the shipping logistics of finished goods. Manufacturing, packaging, inventory management, warehousing, and shipping are all steps in the process.
Distribution management software is essential in India due to the rising complexity of supply chain management and customer service. This strategy of following secondary markets to the point of sale simplifies several channel sales aspects, including stock replenishment, storage expenses, and production scheduling.
Let's take a look at why a Distribution Management System might be useful. Even though the actual number of advantages is almost certainly unlimited, we have created a short list of the most significant ones:
1. Quickly accessible in the present
As a manufacturer of fast-changing consumer goods, you understand how important it is to keep tabs on all of the information flowing through your distribution channels in real-time. Lacking a DMS forces businesses to rely on infrequent, outdated, and costly offline data given by distributors at predetermined periods. Distributors shouldn't do anything that can disrupt their supply chain, including reducing their stock levels, the number of pending orders, the number of returned orders from retailers, etc. Therefore, distribution management software is essential for running an efficient distribution system.
2. Remotely observing
Fast-moving consumer goods (FMCG) companies are rapidly expanding their distribution networks to include virtually every district in India, thanks to the country's robust economic growth. Acquiring accurate data on your product flow from all of your distributors may be challenging due to the challenges connected with enormous numbers, time management, and the geographical isolation of the distributor. If a distributor management system is in place, distributors in cities, rural areas, or anywhere else in the world may have access to the same data.
3. Offering incentives to shops that carry your products is crucial.
Using a DMS would be tremendously helpful because it would streamline and automate so many processes. This program will make a distributor's life easier in many ways, including the automation of product movement of all kinds, system-generated bills, data on late payments, and smart notifications.
4. Arguments should be settled more rapidly.
The DMS's streamlined claims processing is sure to be a hit with your distributors. The DMS allows the company and its distributors to keep a close eye on deliveries and payables by handling things like return policies, damaged receipts, and everything else. In addition, if all claims are submitted electronically using DMS, they can be finalized much more quickly than if they were submitted manually, which would require numerous rounds of changes between the two sides.
5. Smarter Administration of Marketing and Promotion
There isn't a single company that doesn't rely heavily on marketing and incentives. Many companies have significant capital available for such an undertaking. With the help of the Distributor Management System, you will know exactly how each scheme is operating, and there will be no surprises when it comes to billing.
6. Quick Restocking
Stockists, distributors, retailers, and other channels of distribution are all points of contact between FMCG manufacturers and their customers; as such, they must maintain meticulous inventory records. Inventory levels, expiration dates, batch numbers, and return information can all be tracked with DMS. Access to significant updates and replacement parts is expedited through distributor sites.
7. Making a Manufacturing Strategy
Ideally, your ERP system's demand planning module would receive updates from your distribution management system. In doing so, the ERP's production planning engine can consider factors like inventory at warehouses and upcoming orders. Consequently, you will make better use of, and waste less of, your manufacturing resources.
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