AÂ very clear aim of any retailer or distributor whether new or oldÂ opting for a SCM software would be “incremental profits”. But for theÂ profits to start showing up from the first day itself would be demandingÂ too much from a software which is after all man-made.
TheÂ right approach would rather be to ascertain goals that are achievable.Â Software vendors would list down the many features. The real test isÂ whether these features can be quantified into benefits. I have listedÂ down few of them for your ready reference from which you can take a cueÂ and choose a simple and reliable Supply Chain Management software.
Now,Â this has to improve at every level of the operations i.e from yourÂ inventory, warehouse storage to distribution to multiple channels. TheÂ whole process is intelligently automated and thus the time spent onÂ mundane tasks are reduced by considerable levels.
Decrease in Costs
AÂ good solution not only spots the areas of wastage for your but alsoÂ helps in putting a stop to it. This invariably results in efficientÂ costing. For example, reduction in labour costs, timely returns management to the right supplier, just in time inventory and reduce the storage costs, etc.
There are many tools and reporting formats with simple to complex classification of attributes to get the desiredÂ perspective of your business. For example; the business flashcards,Â dashboards, remote report visibility, alerts when stocks reach the minimumÂ levels or for any security breaches by your employees. In addition,Â business intelligent reports should do all the analysis for you such asÂ help you track performing/non-performing products, out ofÂ stock/overstock, tracking of expired products, etc.
Nevertheless,Â supply chain solutions are very many. The only sure shot way of gettingÂ it work for you is by proper implementation of the right solution asÂ per your business needs. Speak to an expert before you take the leap.Â You can also sign up for a personalized demo of GoFrugal’s SCM solution.0