In today’s fast-paced world, companies are always on the lookout for innovative ways to streamline their operations and cut down on costs. One of the most significant areas where businesses can benefit from technology is distribution. In recent years, cloud computing has emerged as a game-changing technology that is transforming the distribution landscape. Here’s why the future of distribution is in the Cloud-based ERP Software.

Scalability

One of the biggest advantages of cloud-based ERP software is its scalability. Cloud computing allows companies to quickly and easily scale up or down their operations to meet changing demands. As your business grows, you can add more computing resources to your cloud infrastructure, ensuring that your distribution system is always running at peak performance.

Cost-Effective

Cloud-based distribution systems are highly cost-effective compared to traditional on-premise solutions. With cloud computing, you don’t need to invest in expensive hardware or IT infrastructure. Instead, you can access a range of computing resources and services through a subscription model. This means that you only pay for what you use, and you can easily scale your usage up or down based on your needs.

Real-Time Visibility

In today’s fast-paced business environment, real-time visibility is crucial for effective distribution management. Cloud-based ERP software provide real-time data and analytics that help businesses track and monitor their distribution operations. This real-time visibility allows companies to make informed decisions and quickly respond to changing market conditions.

Improved Accessibility and Collaboration

Cloud-based ERP software allows users to access the system from anywhere, at any time, using any device with an internet connection. This enables remote teams to collaborate and work together more effectively, which is especially important for businesses with a distributed workforce. In addition, cloud ERP makes it easy to share data and collaborate with external partners, such as suppliers and customers.

Increase Efficiency

Cloud-based distribution systems can significantly increase the efficiency of distribution operations. With cloud computing, businesses can automate many distribution tasks, such as order processing, inventory management, and shipping. This automation frees up employees to focus on more strategic tasks, such as improving customer service and expanding the business.

Improved Security

Data security is a top concern for many businesses, especially those operating in highly regulated industries. Cloud-based ERP software provide robust security measures that ensure the safety and integrity of your data. With cloud computing, data is stored in secure data centers that are protected by multiple layers of security, including encryption, firewalls, and access controls.

Improved Business Agility and Innovation

Cloud-based ERP software can help businesses become more agile and innovative by providing access to the latest technology and functionality. Cloud ERP vendors typically offer regular software updates and new features, which means that businesses can quickly adapt to changing market conditions and new business opportunities. This enables businesses to innovate and stay ahead of the competition.

 In conclusion, cloud-based ERP software offers many benefits over traditional on-premise solutions. It is more cost-effective, flexible, and scalable, and provides enhanced accessibility, collaboration, security, and innovation. By adopting cloud-based ERP software, businesses can streamline their operations, reduce costs, and improve their overall competitiveness in the marketplace.

Managing a Warehouse

Managing a warehouse is challenging especially if your company deals in multiple product lines or large inventory. If you are a trading company dealing with different products and inventory then it’s challenging to manage a warehouse. As a warehouse manager you are required to track the correct location of items, stock quantities and dispatch items on time. With the use of a warehouse management solution, it becomes easy to overcome the challenges mentioned above. 

When the stock arrives at the warehouse, it has to be placed in the right locations. It should be easier to find the bin or track locations while dispatching the stock. Moreover, the actual stock and the stock in the system should always match and be trackable in real-time. Without a proper warehouse management system, it’s quite difficult to manage inventory effectively. 

Warehouse Management Solution(WMS)

FactsWMS solution helps in effective management of complete warehouse. I have listed below the key benefits and advantages of FactsWMS.

Batch-wise Inventory Control: If you are dealing with products which are perishable and having expiry dates then batch-wise inventory is the perfect solution. Also, if you want to maintain your inventory with various other attributes such as pricing, then the inventory can be managed in batches. 

This helps in easy tracking of items relating to a particular batch. Also, when there is a return of goods then it’s easy to track with the batch number. FactsWMS comes with an industry standard process for easy management of batch-wise inventory.  

Serial Number Control (with Barcodes): A barcode based inventory system increase the efficiency of stock management. With enhanced functionality, all the items arriving at the warehouse can be scanned and placed at the respective locations. While dispatching the stock also, the items will be scanned which helps in easily tracking of the location of item at the time of dispatch. 

Increased Operational Efficiency: Having the FactsWMS will increase the efficiency of complete warehouse management. 

Improved Customer Service: When you receive an order from a customer, you can easily track how much stock is available and how much more to be purchased. Based on this information, you can commit with the customer on the delivery date. This helps in improved customer service leading to more sales. 

Real-Time Inventory Updates: As and when the stock arrives or dispatches from the warehouse, the quantities are updated in real-time. This helps in having accurate information of the stock availability.

To book a quick demo of FactsWMS get in touch with us or call on 052 640 3948.