Maximizing The Inventory Distribution Process with Enterprise Resource Planning solutions

The inventory distribution process is the backbone of each industry. In the modern business world, “stock supply" is one of the main problems that most companies face. The key elements of this stock distribution procedure, such as inventory tracking, orders, sales, deliveries and customer support, etc., continue to be accomplished through manual and paper updates. 'Excel and Documents.

Better management of this inventory supply procedure helps build customer loyalty and attract customers. It is thus important to have a uniform and targeted view of the entire inventory in a glance so it is possible to make strategic decisions on the go. To do so, many companies utilize modern and targeted enterprise resource planning solutions, commonly called ERP.

An ERP for Inventory Distribution process assists the company to make the most of the distribution of stocks. ERP for Distribution and Trading using its assimilation offers companies a single information window to get all areas of the stock distribution process, which allows a convenient access point as well as reports and visual displays.

Sunbridge Software Services Inc's ERP solutions support end-to-end inventory management with characteristics that support customer, billing and tracking support.

Main features of inventory distribution management:

Inventory Management: successful inventory Management means creating a purchasing plan that confirms that items are available when they are needed. In addition, product surpluses and failures are kept in mind.

Customer order management: reduce purchase time and Reduce costs by enhancing how offers are sent by you, accept, place and meet orders. It defines the principles for managing complexities such as multiple warehouses, returns, credit limits, direct deliveries, etc.

Order management: Reduce acquisition costs and ensure a supply of equipment by automating and optimizing the ERP process for managing inventory supply.

Batch and serial number - ERP tracks things via serial number and the batch number of the barcode, which can be utilized to register articles. Additionally, it helps prevent overages and bottlenecks and maintain inventory.

Guarantee follow-up: several products are offered with a guarantee. These guarantees must be followed as well as the specifics to which they are given. With ERP, records of warranties for each product can be kept to input business-specific warranty criteria. This operation is carried out for the articles to which the serial number or the batch number is assigned.

Several valuations approach: ERP supervises the inventory according to moving average, standard costs, LIFO, FIFO and methods particular to the article. Choose a valuation method that is different. Make immediate cost and inventory adjustments using generated and customizable reports.

Storage location: Create logical and physical Storage arrangements using location controls and storage bins. For each storage location, specify the kinds of the content of articles and authorized transactions, the picking priority along with the costs.

Inventory transfers: monitor goods in transit when you transfer stock between sites. Information is saved in a merchandise receipt accounts in the stock management module

Reorganization - a feature that lets you maintain reorganization and minimal levels for an item. This is useful for delegating and signaling and for receiving duplicate orders from customers' delivery dates based on the availability of stocks.

Complete and accurate information history - Manages Data so that all information is visible in real-time.