Wholesalers are companies that act as an intermediary between manufacturers and retailers, and in the end, consumers. These are companies that buy bulk products from manufacturers, store them and finally transport them to retailers, where products are finally sold to final customers.
Now, all of these may sound very simple, but in reality, it is not at all easy to handle the big inventories, obtaining the manufacturers’ products, storing everything, sending the products to different retailers, maintaining orders, billing, accounting and accounting and Much more, as a distributor, they have a difficult job in hand.
The supplement software or wholesale software can cause the range of processes involved in the wholesale business much simpler, faster and more efficient.
What is wholesale software?
Wholesale software or wholesale distribution software is a solution that makes the fully important business processes involved in wholesale business, such as a promising, shipping, manufacturing, inventory, warehouse, CRM and all other integrated processes in a place and share data. This helps a wholesale business with the automation of workflows and operations that will be carried out quickly without any failure.
It allows maintaining data from all the resources of an organization in a centralized location, which allows the critical process to be carried out automatically, which reduces manual efforts and, therefore, the possibilities of human errors.
Some of the key benefits of wholesale software are:
– CRM (customer relationship management)
Without customers there is no sale, and therefore, there are no profits or business. With improved efficiency in business of all aspects, you will be left with satisfied and happy customers. All the data and preferences of your client are maintained and you have more clients, wishing more.
– Orders management
The software administers the processes directly from the moment of sales until the moment an order is fulfilled. The software is scheduled to manage the quotes and compile everything, thus reducing errors in billing with an integrated workflow of finance, sales and ordering.
– Warehouse management
The management of individual or multiple warehouses is easy using wholesale software. It helps optimize, store, define and configure inventory through various aspects of the system.
– Requisition management
The software can organize distribution processes that are very complex and involves multiple products and suppliers. The software helps you get offers, manage requests, manage purchases, create and approve quotes and meet all order requirements.
– Financial management
The software supports a wide range of locations, legal reports and products and payments through its financial management tools. Get complete financial reports in addition to expenditure management, asset accounting and intelligence accounting features.
– Planning the supply chain
This feature helps things like the promises of orders, the management of demand and planning the value chain. The software has the additional feature of the connections with the planning of the supply chain that adds many additional capabilities to their work processes.
– Sales Analysis
This tool helps your company predict sales through trends and demands, allowing you to determine your income and profits. Through this function, you can even determine the profit margins of different customers.