Do you know what distributor management software? DMS (Distributor Management System) is a type of software that allows people to manage supply chains by handling promotions, distributor claims, and more things other than this. The ongoing product flow and the retail level saturation have made the distributor role gradually important. Now, good distribution software gives people with good workflow and distribution activities. At the same time, it also increases supply chain efficiency and eliminates stock-out and overstocking by allowing companies to have access to real-time data from distributors.

Some important things you need to know about distributor management software:

Real-time visibility from data: Every time you will check data all distribution channels in real-time, it helps you in many ways like telling you analytical knowledge, stock scenarios, better procurement planning, and more. Everyone who does not have distributor management software relies on offline data provided by their distributors. Therefore, this is data that is not real-time or authentic. Therefore, losing all real-time benefits and giving control to distributors is the first and foremost things that can be done by the distributor management system.

Completion of Instant Claims: These are other benefits of distributor management software. With the help of DMS, distributors get enough time to complete the claims that are too fast. This is because the update is very instant. Whether it’s back, damaged receipts, the scheme can all be solved very instantly. Therefore, transparency is also a thing that can be easily maintained at all levels and everyone has clarity in accounts receivable and debt.

Restocking Fast: DMS is software that will give you proper inventory data and real-time. Everything is like the expiration date, batch number, return, etc. will be very accurate and this will cause fewer damage to the product and with further assistance in increasing profits. With the help of analytics, you can get back the requirements and plans for them. Therefore, this is another best advantage of having DMS software.

Better promotional management and schemes: Do you know? Promotions and schemes have a significant effect on someone’s company’s profits. There are several obstacles, it is very difficult to find out whether the promotion and scheme reaches retailers or not. Furthermore, another challenge is to know about the benefits of certain promotions or schemes. With the help of DMS, you can definitely get all the accurate information also in real-time.

Standardization Process: DMS is one of the most important systems used by people involved at all levels in distribution. But there is only one version of truth and data that cannot be questioned by anyone at no charge. This will help you in streamlining all processes and will also reduce the time involved in unnecessary meetings and other forms of communication.

In short, there are so many DMS can do for people. So, if you are interested in having distribution management software then you might think of installing it now. Make a decision and get the best.