ERP for Companies engaged in Trading & Distribution
Wholesale distributors and trading firms require functionally rich ERP software that can support an entire distribution company from order processing through inventory control and shipping and onto the final general ledger accounting entries. The good fit ERP can give a true picture of the state of business in close to real-time.
The right, functionally optimized ERP system will help improve sales performance, organizational efficiencies, reduce costs, while improving order and line item fill rates. It will help increase profit margins and strengthen customer satisfaction levels. It will help distribution companies succeed in otherwise challenging business environments.
A custom Openbravo implementation for a Wholesale Distribution and Trading company features the following functionality:
Openbravo ERP is the suitable platform to build a custom ERP solution that fits the needs of the trading and distribution community. With a whole list of already available standard and generic ERP functionality, the need to customize is minimized to core functionality specific to the business.
Key Functions addressed in ERP
Sales
- Distribution Sales
- Secondary Sales Tracking
- Sales Forecasting
- Depot Sales
- Dispatch ? Route Sales
- Customer Outstanding
- Route Agent Commission
- Route Salesman Commission
- Distributor Incentive
- Sales Discount
- Customer MOU
- Schemes
Marketing
Purchasing
- Purchasing Process
- Vendor Performance rating system
- Purchase Amendments
- Imports
- Purchase returns
Store/Warehouse
- Maintaining the Stores/Warehouse Layout and dimensions of your racks, columns and shelves
- Type of Inventory
- Stores Location
- Raw Material Batch
- Different Item Unit of Measure
- Physical Inventory
- Material Planning
- Item Variants
- Material warranty details
- Material Issues
- Cross docking
- Directed movement, pick and put-away instructions based on the setup
Inventory
- Track and trace items at any time during the sales, purchase, or transfer process, and afterward with serial and lot numbering
- Stock data to be captured and registered automatically
- Allocation of unique barcodes to products and materials which can be traced back to the original supplier or source
- Track and monitor mission-critical events, potential item shortages, production processes
- First Expiry, First Out (FEFO)
- Change Unit of Measure
Costing
- Costing and Stock Valuation Dispatch
- Dispatch Distribution
- Loading Slip
- Warehouse. Receipt and Warehouse Shipment documents
Quality Control
- Incoming Inspection
- Outgoing Inspection
Financial & Accounts
- General Ledger
- Accounts receivable / Accounts payable
Cash Management
- Accounting of reusable / returnable packaging
- Royalty Accounting
- Sales Invoice booking ? Route Sales
- Budgeting
- Fixed asset tracking including depreciation and insurance