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Why is ERP So Important for Distribution Business and Sales
You Have to know all about Distribution Management by ERP Software that helps companies to manage their supply chain and logistics activities
Hello beautiful souls.
Have you ever wondered how such vast multinational companies can manage voluminous data of their customers, employees, sales, etc? What is the software which is involved in ensuring the maximum efficiency of every department is it CRM, HR, Finance, audit, etc? Well, if you are eager to hear answers from us so are we eager as well as excited to have you back here on the Tritan blog section. Welcome to the Tritan blog section, we are pleased to have you back all here.
In today's blog, I will be explaining to you what distribution ERP( Enterprise resource planning ) software is all about. And how advantageous can it be especially for the logistics industry? So make sure you are in a relaxed state of mind, sit back grab a mug of coffee, read and enjoy!
What is ERP for distribution business all about?
ERP Stands for (Enterprise Resource Planning) .We might have witnessed that in industries in which a huge distribution network is involved such as packaging, wholesaling, distributing, shipping, and collecting orders from customers, etc. All such e-commerce site which is heavily dependent on E-commerce shipments, distribution, logistics quintessentially require Distribution ERP (Enterprise Resource Planning) software.
Distribution ERP software is widely deployed today across various domains in Logistics. Distribution ERP manages logistics operations as well as front- and back-office activities of wholesale and distribution companies.
This type of software is used to determine product demand and ensure that products sold are delivered on time. Distribution ERP is used mostly by departments in charge of inventory, warehousing, and logistics. Since distributors sometimes combine products before selling them, most distribution ERP software offer features for assembly and kitting. Most distribution ERP ( Enterprise Resource Planning ) solutions also provide modules for accounting, sales, and purchasing, and sometimes human resources.
Let us explain to our readers more clearly by giving an example. Suppose there is a supply change management in the logistics department of an e-commerce firm. An e-commerce firm mainly deals with selling, buying, and transporting goods such as clothes, food material, books, furniture, and other accessories, etc. So, when numerous customers come to a particular e-commerce site then they place an order in which they willingly select the products that they like and so that they can buy the products of their choice.
Thus as soon as the order is placed, it is shown in distribution ERP software which is linked to that e-commerce company. Now, similarly, thousands of orders are placed in the cart, and thus the job to manage them becomes cumbersome, but here distribution ERP makes your job much easier and comfortable. The delivery boys which are responsible for the delivery of products will get notifications as to which order to deliver at which location to their nearest geographic locations.
This is how e-commerce giants such as amazing, Flipkart, jabong, and other sites work. So you can see how smoothly these organizations are running their distribution business across the globe and making billions. So if you also have any startup idea in your brain and want to make your disruption in the logistics business then Tritan is here to help and assist you in crafting a customized distribution ERP ( Enterprise Resource Planning ) for your organization. If you have any queries about distribution ERP then please don't feel hesitant to bombard your ambiguities on us.
So, exactly what does Distribution ERP ( Enterprise Resource Planning ) can do for a supply chain industry. Let's find out.
1) A Distribution ERP makes the tasks of a logistics business way easier and mellow. Since all the orders placed or suspended are maintained in the distribution ERP database. Along with details of the customers who purchase it or cancels the order.
2) when we talk about the payment gateway which is linked to the distribution ERP software which is mainly responsible for storing the payment credentials of the customers. Cash on a delivery alternative which is nowadays the most preferred mode of payment.
Also, the delivery boy asks you to digitally do a signature on the mobile screen of his mobile, so these digital signatures are stored in the distribution ERP software which keeps a check as to when the payment is made, and how the received the order at what time. Thus to timely ensure orders are delivered to the right customers simultaneously payments are also received at the correct time. Hence distribution ERP software plays a major role in e-commerce gateways.
3) Distribution ERP software is also free of malware, Trojans, and other ransomware. Thus there are lesser chances of malfunctioning in the distribution network. And your organization's sensitive data remains protected and lesser chances are there that your distribution ERP will get hacked.
4) Distribution ERP( Enterprise Resource Planning) software is composed of various aspects to organize and manage fundamental and crucial business functions: Accounting & Financials, Sales, CRM, HR, Manufacturing, Supply Chain, Services, logistics, Distribution packaging, and focuses on a single business function.
5) Distribution ERP (Enterprise Resource Planning) integrates as well as interprets the voluminous data that have been collected from these processes into a single system to connect every aspect of a business and ensure that the enterprise resources are relentlessly managed and operated in tandem with each other.
Since not all distribution ERP products include all the modules illustrated above, they usually integrate with accounting software, CRM all-in-one software, or HR management suites. For advanced supply chain management and e-commerce needs, distribution ERP systems also integrate with supply chain suites and e-commerce platforms.
To qualify for inclusion in the Distribution ERP category, a product must:
1) To contribute inventory management and control functionality
2) To create inventory count documents for cycle counts
3) To encompass emphasis to manage storages across considerable locations
4) To Track and maintain sales orders and conform them to merchandise availability
5) To create and oversee purchase orders to achieve the demands.
6) To manage shipping and receiving operations in various locations.
7) To assist users with picking and packing products for shipping
8) To maintain economic transactions for all movements such as sales, purchases, or returns.
9) To manage and supervise product cost, pricing, discounts, and profit margins
10) To schedule and implement transportation and delivery schedules.
11) To evaluate the financial and operational achievement of the company.
What are the challenges of Inventory, distribution, logistics Business? Let's find out!
So far, we have discussed the numerous windfalls of deploying distribution ERP ( Enterprise Resource Planning ) software. But what are the compulsions that force us to adopt distribution ERP software in our logistics industry? Let's find out and explore the major challenges that managers face while in supply chain management.
1) When managing very enormous warehouses which consist of multiple products and merchandise which are imported from various country. It becomes difficult to manage, supervise, and operate them since it involves stocking the products with the details of their exact shipment.
2) Retailers are often confused and left with little knowledge along with no option left other than manually doing all the above-mentioned supervision work. But, with the introduction and advancement in distribution ERP more and more shipments can be processed more easily and rapidly in a smooth manner.
3) Also, in warehouses it has also been observed that the managers sometimes face the attendance issues of their staff who is bringing all the goods from various locations across the country. At what time which good is exported and by whom? Around what time the goods will be exported and how much quantity to be delivered at which location. So, all these basic questions and be successfully answered with Distribution Tritan ERP software. The managers can make the attendance of the goods bought in warehouses and simultaneously cross-check whether the goods have been delivered to that said particular location or not.
4) As soon as a sales order comes in, a distributor is confronted with questions that demand answers, answers that manual processes and stand-alone programs cannot answer effectively. Hence those answers which numerous customer are looking for on your websites will be answered by distribution ERP ( Enterprise Resource Planning) software. And the numerous queries which are flooded on your website regarding distribution are all answered efficiently and precisely with the help of a distribution ERP ( Enterprise Resource Planning) software as they ensure your sales are never affected and comprised due to your busy schedules in your logistics business.
Conclusion:
Distribution ERP delivers distribution-specific functionalities that streamline and automate core business and manufacturing processes. Modern distribution ERP software is built into the same databases that run everyday business processes and applications, creating a complete business management platform of the goods in warehouses. Large shipping and logistics company that involves huge supply change management usually prefer distribution ERP software to help them
Tritan distribution ERP ( Enterprise Resource Planning) is a dominating global provider of industry-specific ERP (Enterprise Resource Planning) solutions for distributors. Braced by intense industry mastery and steered by an obligation to customer service, Tritan ERP conveys best-in-class, end-to-end industry solutions built on the market-leading strategy for small and midsize supply chain and logistics enterprises. We understand your distribution business and so do we understand your demands. Call us today for a free demo at your doorstep. Tritan distribution ERP software is framed to match the burgeoning needs of the distribution industry thus enabling your customers to stay cherished and satisfied with your enterprise!