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Showing posts with the label inventory management

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...

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 Yet, many distributors still rely on manual or outdated systems, such as Excel & spreadsheets, to handle purchase orders, inventory management, and shipment tracking.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