For most of the people involved in a wholesale business, the implications of a failed delivery and delayed orders are immense. Wholesale businesses deal in bulk supply of goods to the retailers and having a Distribution Management Software is an absolute necessity. Not only does it enable highly effective management but also opens up a multitude of opportunities for your organization.
What is a Distribution Management Software?
A wholesale distribution software is a suite offering CRM, Inventory Management, Accounting, Payments into a single software. This enables automation of Inventory, Stocks, Transit, Payments and allows you to save a fortune on employee costs.
Wholesale Distribution Management Software- What to Look for?
For a trusted distribution software there are multiple attributes that are extremely necessary. Here are some of the primary attributes to look out for.
A wholesale distribution software must be reliable and should come with a brand reputation. Choosing a new software program can lead to unwanted troubleshooting and bugs. Don’t gravitate towards a bargain, but go for a trusted software that is reliable and offers 24*7 Customer support for all troubleshooting.
Wholesale distribution is all about warehouse management and delivering the right stock to the right place and at the right time. What if your software offers cloud storage and a mobile application? That will enable easy access to your stock levels, payments, and other analytics at the touch of the screen. HDERP is one such software suite that comes with a warehouse management application, that enables you to manage and create Purchase Orders, GRN, Stock transfer, and Stock Correction documents from your phone.
Having analytical reports such as sales, inventory, productivity and revenue provide huge benefits. This enables the managers to ensure quality and productivity through real time data at the click of a button. Moreover, if you are having trouble improving your business’s efficiency, a good distribution management software with in-depth reporting helps identify and resolve your issues.
What is better than highly effective software, with a simple and interactive UI/UX. It’s advisable to choose a distribution management software that is easy to understand, saving precious employee hours in Troubleshooting and Training. HDERP is one such software that provides a highly interactive user interface and dashboard with bold icons and easy navigation.
Your distribution management software should have an inbuilt Customer Relationship Management solution, that provides in-depth information on the number of orders, payments, order frequency allowing an accurate forecast of future demand from the customers. It should also enable you to maintain accounts payable and receivables in multiple currencies.
If the distribution management software you choose has all of the above-listed features, you can rest assured that you’ve made the right choice. But if you’re still struggling to find the right fit for your company, checkout HDERP by Hyperdrive solutions. They’ve been in business for a long time and have an impeccable record in terms of product and service quality.