With online shopping at an all-time high, starting an online store is one of the best ways to increase sales. For any e-commerce business, keeping track of inventory, ensuring accurate order fulfillment and eliminating purchasing errors completely is never easy. No wonder, experts rightly say that running an online store is a challenge for many. However, automation through Business distribution management software will help to overcome these issues and allow you to run your business in a more efficient manner.
Choosing an ERP, an effective distribution management tool can work wonders for your business. As an owner of e-commerce business, you can easily handle a range of logistics activities such as warehouse & inventory management and order management. If you have a hard time organizing your complex distribution processes, it is time to use this software tool. From creating quotes to approving them to managing purchases, you can do it easily by using requisition management software module of the ERP software.
As a reseller, one of the biggest advantages of using this software tool is that it gives real-time visibility of inventory coming from your distributors. For instance, if you are connected to Digitek distributors, you can easily know the pricing of Digitek computer products in real-time. Real-time stock availability is another benefit of this software tool. This is particularly useful when you are quoting products. It will help you to boost your margins considerably.
With this distribution management tool, you can easily keep track of inventory. Know which products are in stock and out of stock. As a result, you will never have to deal with over-selling issues. Efficient management of processes can play a crucial role in minimizing operational cost. Issues arising from reordering quantities and fulfillment processes can also be handled effectively. All in all, improved customer satisfaction is guaranteed when you use this ERP tool.
ERP software gives you an excellent opportunity to automate your ordering process. Say, you are connected to ASI partner, a popular Canadian distributor of laptops and professional monitors. You can select products from ASI distributor catalog and add it to your purchase order with a single click. You have the flexibility to source products from multiple warehouses. You can easily generate shipping orders and reduce order times. You also have the option to split orders across multiple warehouses.
The business management tool also comes with an accounting module, which will enable you to manage your financial resources. Handle financial management, planning, and budgeting in the most efficient manner. ERP functionality bundled with an accounting module eliminates the need to purchase separate accounting software to handle finances. This helps in saving money and control operational cost.
It is imperative that you choose a cloud-based distributor management tool, which will allow you to handle your business operations from anywhere that is connected to the Internet. Internet-connectivity is all you need to access information stored in your cloud-based ERP. You can use your Internet-enabled laptops and manage your business from the comforts of your home.
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