Advantages of Distribution Management System (DMS)

Prior to entering the market, every product must pass through many phases and adhere to a certain procedure, beginning with production and ending with distribution. When the whole process is completed, the product is supplied to the customer via a wholesaler and retailer distribution network.

In the context of the distribution of completed goods, advanced distribution management system (DMS) is concerned with the stages in the supply chain that correspond to the distribution of finished goods. Manufacturing, packaging, inventory management, warehousing, and transportation facilities are some of the processes involved.

To effectively manage the whole supply chain and meet the needs of customers, distribution management software in India has become essential in recent years. It assists businesses in monitoring secondary sales all the way up to the point of sale, allowing them to simplify important aspects of their channel sales, such as quicker stock replenishment, lower inventory carrying costs, and improved production planning.

Let's take a look at the benefits of using a Distribution Management System:

1.

The Distribution Management System is Customer and Retailer Friendly

The distribution management system ensures buying for all retailers. A manufacturer can simply assist a retailer in selecting from a large number of different names of available goods quickly and effectively. If the manufacturer has a strong distribution management system (DMS), he or she can more effectively detect gaps in the existing inventory level at distribution centers and retailers and take proactive steps to close such gaps.

Utilizing an effective DMS system also guarantees that consumers never have to leave a retailer's store without purchasing anything because of a lack of available inventory. A manufacturer may more readily anticipate the sales flow of each store and provide tailored promotional offers to each group of consumers by using such technologies.

2.

Manage dealers more efficiently

Each and every retail-based company need a Distribution Management System that is tailored to meet their specific requirements. For example, wholesalers in the food industry need the expiration date code for each stock in order to determine the validity of use for each product/batch. Anyone may easily save and analyze all data connected with sales teams, wholesalers, and retailers using a DMS, and then use that data to make data-driven choices to improve their sales operations.

3.

DMS Easy Inventory Monitoring Process

The automated inventory administration provided by a competent distribution management system software is very beneficial. Using this method, a company may easily keep track of inventories at several distributor warehouses. This is very advantageous since companies that make use of a distribution management system can make better-informed decisions about which goods to ship to which warehouses based on the most recent demand and gap situation. Businesses will also benefit from this program. 

Order forecasting that is spot on

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Product information updated in real-time

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Analysis of supply and demand forecasts using data-driven methods

4.

Claims are resolved more quickly

Your distributors will also profit from the DMS because of the faster turnaround time for distributor claim management that they will experience. With return policies, damaged receipts, and everything managed via DMS, distributors and the business will always have visibility over deliveries and payables.Moreover, by submitting claims online via DMS, all claims would be completed considerably faster than they would be if they were submitted through a manual method, which would need several rounds of changes between both parties.

5.

Improved promotion and scheme management

Promotion and incentive programs are two of the most important foundations of every company.

Companies often invest a significant amount of money on these kind of endeavors. Distributor management system guarantees that all necessary checks and balances are performed at the time of invoicing and that you have a comprehensive understanding of the performance of each and every scheme.

6.

Faster stock replenishment

It goes without saying that it is critical for FMCG businesses to maintain optimal stock levels at various touch-points, including stockists, distributors, retailers, and other distribution channels. Well, DMS provides you with complete insight into your inventory, including stock levels, expiration dates, batch numbers, returns, and more. Significant changes may be obtained well in advance at distributor locations, and replacement can be provided considerably sooner than in the past..