What is Distribution Management Software?
This is one of the most shared questions among the business operators. Distribution management software is a system that can help firms to organize their logistic supply and the supply chain activities like inventory management, warehouse management, and the other order management, which entails the purchase and sale orders. This platform integrates such activities with the company’s sales and financial statements. This software can also boost the client satisfaction; control the prices along the distribution and supply chain, as well as reducing the order time.
Why do you need it in your Business?
The need for this software has continuously gained popularity in the business niche for the last few years. This is attributed to the diversification of sale in the e-commerce platform today. Notably, the most reputable suppliers are taking both the role of distribution as well as retailing in the market. Additionally, drop-shipping sales are also gaining momentum, especially with the online retailers. As such, distribution explore distribution management software ensures that each product reaches the right hand of the client who had placed the order. Additionally, it also provides that this process is as smooth and fast way possible.
The Need of Using Distribution Management System
Clear Visibility into Your Supply Chain Management
Knowing what is in its way to the warehouse or store and when it reaches the prospective buyer, allows that retailer to sell further merchandise that he/she might not be having in hand while being confident that these supplies will get to the market when expected. Additionally, this platform allows the seller to know when his shipment is still on another continent or when it is stuck in the customs. This prior knowledge will always save the supplier of the issues related to scheduled sales when the supply is expected to be late.
Improved Inventory Management
With the distribution management software, you can come up with a seamless procedure right from the production to delivery. This will allow you to establish various ship-to different addresses, work with the sales discount line and sales price that is linked to a particular campaign. This way, you can also promise your customers accurate deliveries based on the goods in hand and future availability. This permits you to distribute your stock as soon as it lands in your warehouse through the preparation of a single production and distribution schedule.
Boost Corporation Level
The most significant benefit of the distribution management software is that it stimulates the cooperation in all organizational levels. This platform gives you a clear insight into what is being done by your distributor and the supplier and the vice versa. Furthermore, this system links all remote software involved in your business, thus increasing the collaboration among all stakeholders. Additionally, this shared information also keep all affiliate in the organization updated thus keeping the whole course smooth and successful. Such partnerships boost other activities like forecast, reporting, order status, quotations and planning effectively to ensure that the merchandise reaches the market in real time. Notably, ensuring that you maintain a seamless relationship with your customer is the best strategy to keep afloat in the market.