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      • What is Trade & Distribution ERP?

      Growing a trade and distribution business is a challenge. Distribution companies need to balance different factors, such as forecasting, inventory, and logistics processes, with other traditional business departments, including sales & marketing, finance, customer service, and more. All of this can be accomplished with the help of distribution and trading ERP software, a powerful and easy-to-use software that helps bridge this gap. Business management software can help trade and distribution businesses accurately track business processes with a centralized system.

      Effective accounting software

      The key challenges the
      trade and distributionindustry faces

      Changingenvironmental conditions

      One of the biggest challenges for the trading industry is the constantly changing market conditions. These conditions and shifting consumer behavior are making it quite difficult to stay ahead of market trends and take advantage of shifts in demand.

      Increasingcompetition

      Another major challenge for distribution and trading is growing competition. With more and more companies entering the market, maintaining market share and ensuring customer loyalty becomes truly difficult.

      Alwaysstaying up to date

      Keeping up with changing rules and regulations is also a major challenge for trade and distribution companies. Moreover, they also have to deal with complex regulations and the need to keep updating ever-changing policies.

      Risinglabor costs

      High labor costs and the constant need to manage and adjust expenses make it difficult for trading businesses to stay competitive. To keep pace with cost demands, businesses need to be sharp and adopt advanced, strategic approaches to tackle this challenge in the trade and distribution industry.

      Features of ERP for the
      trade & distribution industry
      Control all your financial needs — cash flow, invoices, budgets, and inventory — from a single place and generate detailed reports.
      In addition, you can also easily handle targets and commissions with accounts payable software designed for trading companies.
      Create, edit, and update records according to global standards such as GDPR with the SIS ERP distribution system.
      Manage the quantity and performance of suppliers from a single dashboard.
      Improve customer service by resolving their inquiries instantly with mobile technology through a sales management system built for distribution businesses.

      SIS ERP software ensures detail across all stakeholders in the supply chain.

      Gain a comprehensive understanding of every aspect of inventory, warehouse operations, and product profitability with supply chain management software.

      Pick, stock, and proactively fulfill orders efficiently with the best ERP for distributors.

      Build a mobile sales team with full visibility into each customer's purchase history, inventory, and past quotes from any connected device, anytime and anywhere with the best ERP for trading business operations.
      Maintain the necessary inventory levels to keep cash tied up in excess inventory low with inventory management software.
      Build clear workflows and KPIs for field staff, helping manage this team's work more effectively.
      Accelerate your growth and profitability
      with SIS ERP
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      Benefits of ERP for Trade & Distribution

      Get enhanced point-of-sale (POS) capabilities

      Because POS has a huge influence on customers' purchase decisions, it plays an important role in a company's marketing strategy. As a result, many businesses install POS systems near store exits to catch customers' attention and significantly increase purchases. For example, department stores have POS displays for various products such as microwaves, TVs, fashion apparel, candy, and more.
      Staff promote products by offering customers gifts, vouchers, loyalty cards, and discounts. Other benefits of POS include improved customer service and payment efficiency.

      Efficient inventory management

      Ensure high productivity, consistency, efficiency, and top-tier quality control through the inventory and warehouse management module of the trade and distribution ERP system. Other key features of ERP for trading companies include:
      • Manage supplier or manufacturer inventory.
      • Handle internal and external locations.
      • Manage finances.
      • Collect accurate business intelligence.
      • Make timely, informed decisions.

      Efficient warehouse management

      ERP software for trading companies also manages warehouses across multiple locations, reducing processing time and allowing staff to accomplish more in less time. As a result, you can use resources prudently and conveniently process millions of transactions at once.
      Other benefits of the best ERP software for trading companies include serial number tracking, batch tracking, and inventory forecasting. Most importantly, however, it also helps achieve product traceability through end-to-end operations.

      Convenient product tracking

      The best ERP software for trading companies manages various products as well as their variants, kits, and multiple units of measurement. It also features a touchscreen interface and barcode scanner that handles various trading operations such as packing, picking, and delivering orders at high speed.
      Trading ERP software assigns a serial number to each product, significantly improving the traceability of those products. As a result, you can access the real-time location of products and make routing changes from any connected device. Furthermore, you can set custom routes and choose different picking methods such as batch picking, wave picking, and order picking.

      Integration with the Customer Management Module

      SIS ERP trading software also includes a customer relationship management (CRM) module to build strong, long-lasting customer relationships. Furthermore, it helps manage the sales process by prioritizing follow-up activities for each customer and effectively meeting targets.
      The CRM module has integrated capabilities to build comprehensive customer profiles based on geographic, demographic, psychographic, and behavioral parameters. In addition, ERP for the trading industry has an easy-to-use dashboard that provides a comprehensive overview of each customer, which can be used to think through effective relationship strategies.

      Frequently Asked Questions

      To comprehensively manage trade and distribution operations, businesses should adopt SIS ERP software. This is a technology solution built by SIS Vietnam based on real-world experience from implementing many projects of various sizes.

      SIS ERP helps businesses solve issues related to distribution, business operations, strategy, pricing, and inventory. SIS software provides features for financial reporting, supply chain management, customer experience, and more, giving each stage a clear process. As you can see, SIS ERP is the best way for a distribution business to operate efficiently while saving on investment costs.

      The benefits ERP brings to the trade & distribution industry are as follows:

      - Manage supplier information from the first stage to the last

      - Efficient inventory management

      - Warehouse management

      - Convenient product and goods tracking

      - Build close customer relationships

      Businesses operating in the trade and distribution industry need to analyze data regularly. This helps you quickly grasp market conditions, customer needs, current inventory levels, best-selling goods, and more, to build an appropriate plan that always adapts to a fluctuating market.

      For trade & distribution companies, collecting and storing customer and product data is extremely important. Having information about purchasing preferences, best-selling products, and business strategies across each stage helps a business plan effective product distribution to consumers. SIS ERP software is the best platform, providing the tools to meet these data needs.

      - Save time and cost: Building clear workflows for each stage and step reduces time and errors from manual operations. This helps businesses save on costs and working time.

      - Always keep inventory at the right level: Fast, accurate real-time data updates help a business keep goods at an acceptable inventory level to supply goods while reducing costs.

      - Enable real-time access across multiple locations: The trade and distribution industry has many different sales locations and warehouses. When using an integrated ERP, everyone can access data in real time.
      Contact S.I.S Vietnam for a consultation

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