The Distribution and Trading sector which is a part of the Non-manufacturing industry has re-invented itself time and again to cope with the ever increasing challenges posed by the globalization and liberalization process of trade. Trading and Distribution forms a vital link in the supply chain management and has ceased to be just a simple intermediary nexus between the manufacturer and the retailer/consumer.
Distribution and Trading is not limited to the FMCG vertical but also for Trade, Hotels and restaurants, Storage and communication, Banking and insurance, Real estate, Business management consultancy.
This industry faces some tough challenges in business due to increased competition which drives down prices, and customers who demand higher returns and more value for their money. It is essential to obtain complete data visibility, in order to remain competitive and curb the drive. Data visibility will help the organizations increase efficiency, reduce operating costs, manage customer and supplier relationship, and offer value-added services.
Being well equipped with a software solution designed just to target these pain points as well as aiding you to take this industry by storm with its innovative features is SourceEdge’s sole intention.
Trading and Distribution functionalities form the mainstay of many business organizations. Even if one portion of this cycle (ranging from inventory management, sales quotation, procurement management, order management, deliveries receipt, sale analysis, and documentation) is compromised, it drastically affects the overall operations.
With the dawn of modernization in the Web space, Trading & Distribution industry today have an advantage to tap in on the lost opportunities in sales and connect efficiently with both manufacturers and retailers. At the moment, the focus is more on marketing and merchandising with the help of technology to have strong business-to-business (B2B) integration systems.
Most retailers have recognized the importance of B2B markets and are ready to utilize software solutions to maintain and improve their relation with suppliers and customers.
SourceEdge’s Trading and Distribution solution is designed to tighten the reins in all aspects of the supply chain to create an efficient workflow for the organization and in the process create happy clients.
SourceEdge’s tailor-made solution facilitates in adapting to the best business practices as well as inculcating newer technologies accepted by the industry. It enables the back-office to work more effectively, helps improve customer service, empowers your sales team to keep an eye on the latest trends, and manage order profitability.
Our Solution addresses the following needs for :
a) Trading Networks:
- Catalog and product management
- Product marketing
- Customer profiling
- E-Procurement and online ordering
- Supplier management
- Invoice and finance management
- Cost analysis
- Forecasting and demand planning
- Strategic sourcing
- Order management and fulfillment
- Return merchandise authorization
- Sales operations management
- Logistics and warehouse management
- Direct store delivery
Following are the advantages of employing our Trading and Distribution software:
- Affordable, easy to use and quick to implement
- Easy integration with different software systems allowing for seamless flow of information from the customer back to the trader/distributor
- Intelligent inventory management
- Procurement management from multiple sources along with credit management and order tracking
- Multi store distribution with seamless management of different transaction types – outright sale, consignment sale, sale or return
- Effective management of vendor management inventory system
- Access your business anytime, anywhere
It is customizable for small, medium and large trading enterprises.
Application/ Uses Area
SourceEdge’s Trading and management solution is an end-to-end solution that organizes and controls every aspect of business from order management, operations, supply-chain and logistics, to documentation, accounting and business intelligence reporting.
Our solution leverages a distinct combination of expertise, technology and knowledge services that delivers all the benefits of integrated business application and decision making-tools, enabling the organization to focus on its core competencies, gain efficiency and reduce cost.
It also offers an unprecedented range of monitoring, trending, forecasting, reporting, and analyzing capabilities within a single architecture to allow everyone to make better business decisions every day, and drive business performance goals.