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Showing posts with the label distribution management software

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 Yet, many distributors still rely on manual or outdated systems, such as Excel & spreadsheets, to handle purchase orders, inventory management, and shipment tracking.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...