Consider these seven advantages that a DMS could bring to your company.
Consider these seven advantages that a DMS could bring to your company.
From production to distribution, there is a strict set of procedures that must be adhered to before a product may be sold to the general public. Once production is complete, the product is sent to distributors, who then sell it to stores and wholesalers.
A state-of-the-art distribution management system (DMS) centers on the supply chain nodes that affect the distribution of final products. The manufacturing, packing, inventory control, warehouse, and shipping processes are all a part of this.
Managing the whole supply chain and meeting customer demands in India is becoming impossible without distribution management software. As a result, vital aspects of channel sales, such as stock replenishment, storage costs, and production scheduling, can be more efficiently managed.
Let's take a look at why a Distribution Management System may be beneficial to your business. While the true number of benefits is very certainly infinite, here is a selection of the most salient:
1. Easily obtainable right now
You, as a manufacturer of fast-turnover consumer goods, understand the critical nature of having unfettered, real-time access to all of the information passing through your supply chains. You can't rely on the rare, stale, and costly offline data provided by your distributors regularly if you don't have a DMS. Nothing should be sacrificed in terms of distributors' stock levels, orders pending fulfillment, orders being returned by retailers, etc. Therefore, distribution management software is essential for a well-operating distribution network.
2. Remote monitoring
To keep up with the rapid income growth, fast-moving consumer goods (FMCG) companies in India are expanding their distribution networks to nearly all of the country's districts. Large volumes, managing time, and distributor isolation can all make it difficult to gather reliable data on product flow from every one of your distributors. Distributors in urban areas, rural areas, or any place else in the world may be able to provide the same information you require if you have a distribution management system in place.
3. An important benefit for retailers who stock your item
They may save a lot of time and effort by adopting distribution management software because it automates and standardizes so many procedures. Automation of product movement of all types, system-generated bills, data on late payments, and smart notifications are just a few of how this software will make a distributor's life easier.
4. There is a quicker resolution to conflicts.
The DMS will also help your distributors by speeding up claim processing times. Return policies, damaged receipts, and everything else will be managed by the DMS, allowing the company and distributors to maintain constant monitoring of deliveries and payables. In addition, if all claims are submitted electronically via DMS instead of manually, which would necessitate many rounds of revisions between the two sides, the entire process might be concluded considerably more swiftly.
5. Enhanced Promotion and Strategy Management
Promotion and reward programs are crucial to the success of any organization. Companies often invest much in this type of endeavor. With the help of 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. Faster stock replenishment
FMCG businesses rely on stockists, distributors, retailers, and other means of distribution, thus they must ensure adequate supply at all times. DMS allows you to keep tabs on everything from inventory levels and sell-by dates to batch numbers and returns. Significant changes can be made available to distributor sites first, and replacements can be shipped considerably more quickly than in the past.
7. Planning for manufacturing efficiency.
In a perfect world, your ERP system's demand planning module would be linked to your distribution management system. That way, the ERP's production planning engine can take into account things like stock levels and pending orders at distribution locations. Without a doubt, that will result in more efficient production planning, which will lead to far less, if any, production resource waste.
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