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Wholesale & Distribution | Odoo ERP Software System

Manage Challenges in the Wholesale & Distribution Industry with an ERP System

Organisations in the wholesale and distribution industry rely on innovation and the ability to manage change as a key to success. There is constant pressure on margins, fluidity to global supply chains, challenges with cross border shipments, strains on material availability and imperatives around controlling cost and meeting the traceability requirements of their customers. Odoo helps streamline every process from operations, finance, procurement, warehousing to distribution – efficiently maintaining business operations, ensuring quality, tracking costs and accounting, facilitating the inventories and managing the supply chain and distribution. Companies consistently need to invest in and adopt the latest technologies in the market to ensure improved customer service, high turnover rate and less operational costs.

Odoo ERP Software – Key Functionality for Wholesale & Distribution

Inventory, Warehousing and Traceability Management

Inventory module simplifies the tracking of stock levels and landed costing across multiple sites. Users are enabled to issue and receive goods as well as transfer, return or even discard of goods in multiple unit conversions. Has powerful batch expiry management of inventory. From a safety concern, one can trace to manage product recalls.

Demand and Material Requirement Planning

It allows the businesses to plan the timely delivery. Allows you to maintain location wise safety and re-order levels ensuring your locations neither understocked nor over stocked and in turn reducing cost of holding stock. A forecast can be generated from historical data, amended and planning done allowing you to get the right quantity at the right time.

Purchasing and Supply Chain Monitoring

Delivers real-time information supply, demand, distribution, and logistics. Have greater, real-time insight into sales trends and supply bottlenecks while eliminating siloed data by ensuring purchase orders are delivered within defined lead times.

Sales, Dispatch and POS

Sales module covers the processes of sales booking, sales order, and delivery and dispatch. It enables the sale of goods with the help of customer-wise order management. This module is linked with the inventory module so inventory levels are updated after every successful sale. The integrated POS system ensures timely sales order billing. Pick and Pack allows one to do route and dispatch planning while ensuring timely delivery of goods.

Accounts

Accounting module helps users in keeping track of all their accounting transactions and enables them to make better decisions. Improved financial reporting with real-time information from all departments including costing, profitability, credit exposure, cash flow, trends, budgeting, fixed assets and period end reporting.

Customer Relationship Management

Stay ahead of competitors with opportunity and pipeline management, customer relationship management and campaign management. Updated sales information allows dispatch to see which order is for which customer, while historical sales information assists the marketing team on what initiatives to design for which customer and proactively engage them. Customer account information is critical to predict demand.

Analytics

Analytics module can play a vital role in transforming your data into powerful decision making tools. With AI-based predictive analytics, this module can help in employing the right procedures to improve efficiency and productivity. The provision of complex metrics in the form of data visualizations can also help users in making better decisions.

Regulatory Compliance and Reporting

Manage exceptional events with automated workflow and alerts. Get forward and reverse traceability with automated recall capabilities. Have security audit tracking, archives of historical transactions & electronic signature approvals. Easily define the process validation and generate report as per compliance.

Fleet Management

Available vehicles can be used for dispatch planning ensuring loading capacity is not increased. Fleet wise cost and usage can be tracked along with delivery schedule, insurance, driver, tyre and workshop management.

Customer Stories – See how Customers are Succeeding

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Wholesale and Distribution