Distribution management may appear as a simple term for many, which means managing the distribution of a business supply, collecting payments and returns handling (if applicable). But, in the actual distribution management is more than the basic activities mentioned, understand the complexities and challenges in modern times. In addition, in recent times of rigid competition and more than one company that manufactures and selling the same goods and services, it has become crucial for companies to have an efficient distribution management system (DMS) to monitor, control and take advantage of Efficiently supply change resources.
Why are DMS required?
The distribution management system is a unique solution to manage all distribution and model needs for a business. It allows companies to manage large stock units with simplified processes attached to it as keeping payment records and measuring performance to increase efficiency.
Having your distribution management system instead, you can:
- Manage orders more efficiently: the system will facilitate handling and manage past and presentative orders. As a retailer, you can add, modify and cancel with distributors in the loop. This function connects the systems used by several parts involved in the processing of an order.
- Add more new retailers: As a distributor, you can see and monitor your distributor activities and you can even add new retailers, study customer demands and provide them with the support and assistance they need.
- Manage returns and claims Good: The management and monitoring of the return of the products is much easier with the DMS, along with the ad plans and discount claims.
- Inventory management: With DMS, inventory management becomes much easy and efficient. All interested parties (central offices, distributors and sales team) can see and manage inventories easily.
- Manage distributor actions: With DMS, it has a better control of real-time actions with the distributor and retailer. This allows you to modify, re-order and view orders in transit as well.
- You will get detailed reports: All detailed and general reports will obtain regularly and when necessary. The distributor can also access the reports and discuss them with the sales team and retailers.
- Performance of the track: Trace the performance of all: distributors, retailers and even your sales team. Make an analysis in real time and take action where it is necessary immediately.
An efficient distributor management system is crucial for all companies that produce goods that are rapid, regardless of their size and quantity. Some of the basic benefits that you will enjoy with the distributor’s management system are optimized the use of resources, the precise management of the inventory, the management of precise orders, the precise prices and the well-aligned promotions, the rapid document contract and its Approvals, the administration of delivery without problems and its approvals. Returns, creating a common platform for all parties, an efficient payments collection system, easy management of any claim by distributors, configuring adequate objectives and achieving, effective reporting system, fostering lasting relationships and a win-win situation for all.
Once an agreement is made, and businesses begin to shoot, the distributor’s management skills become the key to the supplier to exercise a positive influence. As a provider, you should always remember that a distributor is not your employees, but it is also an owner of a business like you.