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How a Distributor Management System Can Boost Your Sales and Improve Efficiency

Is your distribution business overstocking? Then it’s probably time to make positive changes to your inventory management. Businesses lose sight of the consequences of carrying more stock than is required, and this is a common folly among enterprises big and small. The all-too-obvious risk is that the amount you spend to store inventory just goes up. There are other pitfalls as well. As the expiration dates of these products draw near, depreciation kicks in, which means the value of these goods might take a big hit! Now for the worst part. Trends come and go, so goods held too long in storage, like, say, fashion wear, might have to be sold at a steep discount, junked, or handed to charities. So, a distribution management system is a must.  What if you choose to stock less? Keeping too little stock on hand or keeping the inventory levels as close to zero as possible can also be quite risky. In light of supply shortages and retail customer frustration resulting from such “lean inven...
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Top Features to Look for in FMCG Distributor Software

Real household spending in India is getting back on track after two years of lowered spending amid lockdowns and public health measures necessitated by the Covid-19 pandemic. Led by urban consumer demand, the fast-moving consumer goods (FMCG) sector in the country is seeing an upward growth trend.  Rural demand for FMCG is also showing signs of a major recovery. FMCG companies are going head-to-head to capture consumer wallet share, and the competition will only intensify in the short-to-medium term. Product quality is given in the sector, and most products deliver near-identical benefits.  So, FMCG brands can no longer hope to cut through the clutter and wow customers solely on the basis of product performance. Increasingly, these businesses are seeing speedier and cost-effective transportation and delivery of products as value propositions to attract customers. This has huge implications for distributors since it’s essentially their responsibility to take the brands faster t...

The Advantages of Using A Retail Distribution Management System for Your Business

In markets like India, factory-made goods must cover long distances before they can reach display racks in various retail outlets scattered far and wide. Often, it’s a long and arduous journey involving a tangled network of distributors, warehouses, and logistics providers. Getting goods efficiently without interruptions from the manufacturing site to the point of sale is more an aspiration than a reality for a lot of manufacturers. That’s primarily because they still use spreadsheets in place of r etail distributed management systems, hoping to keep abreast of packing, delivery, storage, and distribution activities.  Of course, it might be tempting to use a spreadsheet instead of a distribution management solution since the former is inexpensive and has been around for quite a while. However, spreadsheets come with unavoidable copy-and-paste errors. With all the version control mechanisms in the application, managing inputs and changes from multiple field staff can be downright a...

The Importance of Effective Inventory Distribution Software for Your Business

True, inventory is the lifeblood of any distribution business. But how much inventory should a distributor carry at any point in time? That could have a measurable impact on a distribution business in terms of lost revenue as well as wasted time and effort. It is certainly tempting to fill your warehouse with excess inventory to avoid running out of items.  What if these go unsold for a long time, start to gather dust, eventually go bad, and have to be written off? Dead inventory represents a missed sales opportunity and tends to hemorrhage revenues of the distributor and everyone else in the supply chain. Just think of all the costs – production, logistics, storage – that have gone into unused inventory. An efficient distributor management system could have easily sorted all of this!  Overstocking not only eats away your margins but also results in frustrated retail customers since the store is filled with products they are less than keen about! At the same time, what they n...

Behind Every Successful Business is a Good Business Management Software

As a distributor, managing the flow of goods from multiple manufacturers to dealers to retailers is a critical aspect of the business. Yet, many distributors still rely on manual or outdated systems, such as Excel & spreadsheets, to handle purchase orders, inventory management, and shipment tracking. These systems are not only time-consuming & difficult to maintain but also, generate inaccurate data that is not useful for making key business decisions. One of the biggest challenges for distributors is maintaining visibility into the flow of goods from suppliers to multiple retailers. Without accurate data, it's almost impossible to make informed decisions about inventory levels, sales predictions, and cash flow & this may lead to overstocking or stockouts, which may result in lost sales, increased storage costs, and customer dissatisfaction.   Fortunately, Logo J-Platform DMS is a customer-friendly sales and distribution management software that provides distributors w...

How Implementing a Dealer Distributor Management System Can Boost Your Business Success

The definition of a dealer usually states businesses (such as wholesalers, super stockists, sub-stockists, and distributors) that purchase goods from a manufacturer and resell them to retailers. Modern retail consumers expect to be able to access anything they want with just a few clicks. Dealers can lose a lot of money even with the smallest flaw or inadequacy in the quality of customer support. Customers who are dissatisfied with product supply shortages, quality issues, and restricted product features and capabilities may simply stop buying the brand without giving it a second thought. Dealers require a dealer distribution management system that can deliver an ongoing flow of important information from the manufacturer, retailer, sales rep, and across various divisions to stop losing customers and remain in business. Most dealers rely significantly on outdated distributor management systems, which are increasingly ineffective at gathering real-time insights from all points of their...

Streamline Your Operations with a Distributor Order Management System

The distributor sits snugly between the manufacturer and retailer—or so it looks to the casual spectator. But in fact, the distributor, as an intermediary, often has a tough time tracking the flow of goods from the manufacturing facility to the retail store via warehouses. The process of recording orders from retailers and fulfilling them is still managed using manual or partially manual setups at many distributor businesses. Order details held in spreadsheets and other dated software are unlikely to help distributors have real-time updates on what’s happening in the field and which salesperson is doing what. Outdated distributor management software takes time to reflect new orders, order modifications, cancellations, and other sales events, leaving significant gaps between demand and supply. For years, distribution businesses have dealt with data on, say, a certain product in silos. The concept of master data ("SKU") that rolls out at once to all the distributor’s units is r...