Best Distribution ERP in India
Get advanced tools to tackle the trading and distribution industry challenges
What is Trading & Distribution ERP?
Growing a trading and distribution business is challenging. Distribution companies need to balance various factors, such as forecasting, inventory, logistics processes with other traditional business departments, including sales & marketing, finance, customer service, and many more. This all can be done with the help of a distribution and trading ERP software which is an easy-to-use and powerful software that bridges this gap. The business management software can assist trading and distribution businesses to accurately track business processes with a centralized system.
What are the Major Challenges of the Trading & Distribution Industry?
Changing Market Conditions
One of the biggest challenges for the trading industry is the consistently fluctuating market conditions. These conditions and changing consumer behavior are making it quite difficult to stay ahead of market trends and capitalize on demanded shifts
Increased Competition
Another major challenge for the distribution and trading is the increased competition. With more companies entering the market, it is becoming truly difficult to maintain market share and ensure customer loyalty.
Staying Up-to-date
Keeping up with the changing rules and regulations is also one major challenge for trading and distribution companies. Moreover, they are also required to must also contend with complex regulations and the need to stay up-to-date on ever-changing policies.
Increasing Labor Cost
The high labor costs and the requirement to continuously manage and adjust costs make it tough for trading businesses to stay competitive. To stay at par with the demand costs, it is necessary for businesses to stay clear and to have advanced strategies have strategies to address this challenge of the trading and distribution industry.
Features of Distribution & Trading ERP
Control all your financial needs — cash flow, invoices, budgets, and inventory from a single place and create detailed reports. Also, handle targets and commissions with ease with the accounts payable software for trading companies.
Create, edit, and update records in accordance with global standards such as GDPR with Sage X3 distribution ERP system.
Manage supplier quantity and performance from a single dashboard. Enhance customer service by solving their queries instantly using mobile technologies with the sales management system for distribution businesses.
Sage 300 ERP software for food and beverage trading company ensure accountability of all stakeholders in the supply chain. Get a comprehensive understanding of all aspects of the inventory, warehouse operations, and product profitability with the supply chain management software. Pick, stock, and fulfill orders efficiently with the best ERP for distributors.
Create a mobile sales force that has complete visibility of each customers’ past purchases, stocks, quotes from any connected device at any time and anywhere with best ERP for trading business.
Maintain required stock levels to keep cash tied up in excess inventory low with inventory management software.
Benefits of Trading & Distribution ERP Software
Efficiently Manage Inventory and Warehouse
Ensure high productivity, consistency, efficiency, and top-notch quality control through the inventory and warehouse management module of the trading and distribution ERP system. Other key features of ERP for trading company include:
- Managing supplier or manufacturing inventories.
- Handling internal and external locations.
- Stock management.
- Gaining precise business information.
- Making timely, intelligent decisions.
ERP software for trading companies also takes care of warehouses across multiple locations, decreasing processing time and enabling employees to do more work in less time. As a result, you can use resources judiciously and handle millions of transactions conveniently at a time.
Other benefits of the best ERP software for trading company include serial number tracking, lot tracking, and inventory forecasts. But, most importantly, it also helps achieve product traceability through upstream and downstream courses of action.
Build Evergreen Relationships with the Customer Management Module
Sage X3 trading ERP software also has a customer relationship management (CRM) module to build robust and long-lasting customer relationships. Moreover, it helps manage the sales pipeline by prioritizing follow-up activities for each customer and meeting the targets effectively.
The CRM module has built-in capabilities to develop comprehensive customer profiles based on geographic, demographic, psychographic, and behavioral parameters. In addition, ERP for trading industry has an easy-to-use dashboard that provides a comprehensive overview of each client that can be used to brainstorm effective relationship strategies.
Track Products Conveniently
The best ERP software for trading companies manages different products and their variants, kits, and multiple units of measurement. It also has a touchscreen interface and a barcode scanner that handle various trading operations such as packing, picking, and delivering orders at high speed.
The trading ERP software assigns serial numbers to each product which dramatically improves the tracking ability of those products. As a result, you can access the real-time location of products and make changes in the route from any connected device. Moreover, you can set customized routes and select different picking methods such as batch picking, wave picking, and by-order picking.
Get Enhanced Point Of Sale (PoS) Capability
Since POS immensely influences customers’ purchase decisions, it plays a critical role in its marketing strategy. As a result, many businesses install POS systems near store exits to grab customers’ attention and significantly increase purchases. For example, department stores have POS panels for different products such as microwaves, televisions, fashion wear, candies, and much more.
The staff promotes the products by giving customers gifts, vouchers, privilege cards, and discounts. Other benefits of PoS include improved customer service and checkout efficiency.
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