Ramco OnDemand ERP - Wholesale Distribution

Wholesale Distribution
The wholesale distribution industry is facing dynamic change. The enterprises in this industry face some of the toughest challenges in business today. Increased competition is driving down prices, and customers are demanding higher yields and more value for their money. In order to remain competitive in this market, data visibility is a key factor, which will help your organization to reduce operating costs, increase efficiency, offer value-added services and manage customer and supplier relationships.

Key Challenges in the Wholesale Distribution
	Operating and Inventory tracking Cost
Inventory management is one of the key concerns of this industry. To gain efficiency across locations, visibility of real-time inventory status across locations will help in reducing inventory turns and increasing warehouse productivity.
	Tracking of materials in transit
One of the key issues in trading organizations is to keep a track of the materials that are in transit. A proper account of the inventory cannot be maintained throughout the locations. Track of the materials that are lost in transit also cannot be maintained.
	To improve Cash Flow and reduce Sales Collection Days
Collecting outstanding receivables, reducing sales collection days and keeping track of the same is one of the major pain areas for a wholesaler. The median number of days for outstanding receivables is 44 days. (Source: Industrial Distribution�s Annual Survey of Distributor Operations)
	Accurate Stock Valuation
This is an attempt to obtain the accurate value of the stocks that are available. It is required to valuate the inventories that are available at various locations. Valuation of the stock for multiple locations from a single point has been a pain area. Valuation should include excise to be transferred to the customers while selling and also in tracking of documents to be received/ furnished to the suppliers / customers.
	Centralized and Decentralized transactions
Receipts and payments can be centralized or decentralized in a company with a large distribution network. Getting the real-time update on implications of these transactions is very important. This data is not available to the top management most of the time, hence it becomes difficult for the management to take immediate critical decisions.

Solution by Ramco OnDemand ERP
Ramco OnDemand ERP provides a rapidly deployable solution for wholesale distribution enterprises to improve operations and increase revenue. Understanding the challenges faced by this industry, Ramco OnDemand ERP has developed a full-fledged solution with an exhaustive inventory management system. This helps you to track real-time inventory status across locations from a single place. This in turn reduces the inventory turns required, resulting in leaner inventory. For better analysis of inventory, tracking the materials in transit and the materials lost in transit are critical factors. The application helps in handling the pending receipts report based on the order date and in-transit report, which would enable proper order, execution and planning in multiple locations. This enables faster deployment and quick and improved decision-making. Every distributor faces the problem of outstanding receivables. One of the main reasons for a company’s failure is lack of control on debtors. The application not only helps you track the customer-wise outstanding and ageing, it also helps in keeping a control over your debtors through credit management. Valuation of the stock for multiple locations from a single point has been a pain area. The application provides accurate stock valuation through actual costing method. This helps in obtaining accurate analysis of the situation, helping the top management in making right decisions at the right time. Maintaining customer – supplier relationship is one of the key factors of success for a wholesale distributor. We also provide you with customer/ supplier portal, which helps in bringing transparency on the orders placed. This will help in improving your relationship with your stakeholders.

Sub Vertical Includes:
Whole sale – General Trading Company Whole Sale – Non Durables Whole sale – Durables Whole sale – Food, Drugs etc
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