Peacksoft ERP in the Trading & Distribution Industry is designed to streamline operations, optimize inventory management, improve supply chain visibility, and enhance customer service. Trading and distribution businesses face unique challenges in managing stock levels, vendor relationships, logistics, and order fulfillment. Peacksoft ERP provides the tools necessary to manage these processes efficiently, ensuring that businesses can meet customer demands while maintaining cost-effective operations.
Key Features of Peacksoft ERP for the Trading & Distribution Industry:
1. Inventory Management:
a. Multi-Warehouse Management: Peacksoft ERP supports tracking inventory across multiple warehouses and locations, ensuring real-time visibility into stock levels at all sites.
b. Stock Classification & Tracking: The system allows users to classify stock by categories, batches, or serial numbers, making it easy to manage a wide variety of products.
c. Stock Alerts & Reorder Points: Users can set minimum stock levels and reorder points for each item. Automatic alerts notify the procurement team when stock falls below threshold levels.
d. Expiry & Shelf-Life Management: For businesses dealing with perishable goods, the system tracks expiry dates and shelf life, ensuring that products are sold or distributed before they expire.
2. Order Management:
a. Sales Order Processing: Peacksoft ERP simplifies the sales order process, from order creation to delivery. It integrates with CRM to capture customer orders, verify stock availability, and trigger fulfillment.
b. Purchase Order Management: The ERP system allows for easy creation and tracking of purchase orders, ensuring timely restocking from vendors based on demand forecasts and stock levels.
c. Backorder Management: Users can manage backorders efficiently by keeping track of outstanding orders and stock replenishments, ensuring customer orders are fulfilled as soon as products are available.
3. Vendor & Supplier Management:
a. Vendor Relationship Management: Peacksoft ERP enables businesses to manage vendor information, track pricing agreements, and monitor supplier performance based on delivery times and product quality.
b. Supplier Quotations & RFQs: Users can send out Requests for Quotations (RFQs) to multiple suppliers and compare responses to select the best vendor for a given product or order.
c. Vendor Contracts & Pricing: The system manages supplier contracts and pricing agreements, ensuring that purchase orders reflect the negotiated terms and conditions.
4. Demand Forecasting & Procurement:
a. Demand Planning: Based on historical data and sales trends, Peacksoft ERP provides tools for demand forecasting, helping businesses predict future demand and avoid stockouts or overstock situations.
b. Automated Procurement: The system automates procurement processes by generating purchase orders based on reorder points, demand forecasts, and vendor lead times.
c. Vendor Lead Time Tracking: By tracking lead times from various suppliers, Peacksoft ERP ensures that procurement processes are aligned with sales and production schedules.
5. Supply Chain Management:
a. Supply Chain Visibility: Peacksoft ERP gives users full visibility into the entire supply chain, from sourcing materials and goods to managing logistics and order fulfillment.
b. Logistics & Shipping Management: The system integrates with logistics providers to manage shipping and delivery schedules. It allows users to track shipments in real-time and ensure timely delivery to customers.
c. Third-Party Logistics (3PL) Integration: The ERP integrates with third-party logistics providers, enabling businesses to outsource parts of their supply chain while maintaining complete control and visibility.
6. Warehouse Management:
a. Rack Bin Location Management: Peacksoft ERP optimizes warehouse operations by managing rack, bin locations, allowing for quicker picking, packing, and shipping.
b. Barcode/QR Code Scanning: The system supports barcode scanning for goods receipt, picking, packing, and shipping, reducing manual errors and speeding up warehouse operations.
c. Cycle Counting & Stock Audits: Regular cycle counting and stock audit processes ensure accurate inventory records, reducing discrepancies and stock losses.
7. Sales & Customer Relationship Management (CRM):
a. Customer Management: Peacksoft ERP integrates CRM functionalities, allowing users to manage customer profiles, track order history, and enhance customer service.
b. Sales Quotes & Invoices: The system enables easy creation of sales quotes and invoices, ensuring that all orders are processed accurately and on time.
c. Customer Credit Management: The system tracks customer credit limits, overdue payments, and outstanding invoices, allowing businesses to manage cash flow and reduce the risk of bad debts.
8. Financial & Accounting Integration:
a. Accounts Payable & Receivable: The ERP integrates financial management by automating accounts payable and receivable, ensuring that payments to suppliers and collections from customers are timely and accurate.
b. Multi-Currency Transactions: For businesses dealing with international suppliers or customers, the system supports multi-currency transactions and conversions.
c. Tax Compliance: Peacksoft ERP supports tax calculation and reporting for various regions, ensuring that businesses comply with local and international tax regulations, including VAT, GST, and other applicable taxes.
9. Reports & Analytics:
a. Inventory Reports: The system generates detailed reports on inventory levels, stock movements, valuation, and aging. This helps businesses optimize stock levels and reduce holding costs.
b. Sales & Purchase Analysis: Peacksoft ERP provides comprehensive sales and purchase reports, offering insights into customer demand, supplier performance, and order fulfillment efficiency.
c. Profitability Analysis: Users can generate profitability reports for specific products, categories, or customer segments, enabling better decision-making on pricing and promotions.
10. E-commerce & Omni-Channel Integration:
a. E-commerce Integration: Peacksoft ERP integrates with popular e-commerce platforms, enabling seamless synchronization of inventory, orders, and customer data between the ERP system and online stores.
b. Omni-Channel Fulfillment: The system supports order fulfillment across multiple sales channels, including online, retail, and wholesale, ensuring that customers receive their orders promptly, regardless of where they are placed.
Use Cases of Peacksoft ERP in the Trading & Distribution Industry:
1. Wholesale Distributors:
Peacksoft ERP allows wholesalers to manage large volumes of stock, track orders across multiple locations, and streamline procurement processes. The system helps ensure timely restocking and efficient fulfillment of customer orders.
2. E-commerce & Retail Businesses:
Retailers can integrate their e-commerce platforms with Peacksoft ERP, ensuring accurate real-time stock visibility across online and physical stores. The system manages sales, returns, and customer orders efficiently.
3. Pharmaceutical Distributors:
The system is ideal for managing the complex inventory requirements of pharmaceutical products, including expiration date tracking, batch control, and compliance with regulatory requirements.
4. Automotive Parts Distributors:
Peacksoft ERP helps automotive parts distributors manage a large catalog of products, track inventory across multiple warehouses, and streamline order fulfillment processes for both retail and wholesale customers.
5. Food & Beverage Distributors:
For businesses dealing with perishable goods, Peacksoft ERP ensures proper inventory management by tracking shelf life, expiration dates, and enabling real-time stock monitoring to avoid waste and spoilage.
Peacksoft ERP provides a comprehensive solution for the trading and distribution industry, enabling businesses to manage inventory, supply chain, customer relationships, and financials in one unified platform. With advanced features for warehouse management, demand forecasting, and multi-channel integration, Peacksoft ERP ensures that trading and distribution businesses can operate efficiently, reduce costs, and improve customer satisfaction.
Management of materials handling process, order picking, inventory management are some of the challenges distribution company face.
A simple and dynamic distribution management system can optimise your inventory management, improve customer service, reduce costs, manage logistics and resources with integrated system with many dealers or wholesalers
With Peacksoft ERP you can manage entire operation faster and more efficiently, from purchasing to ware housing, transfer of goods to dealers, tracking sales, with insights of financials. You can manage your entire system and reduce your cost, increase margins, with streamlined sales, improved inventory, better demand and supply management.
Some of capabilities of our softwares include:
Distribution management is the process used to oversee the movement of goods from Company manufacturer to wholesaler/distributor or retailer and finally to the end consumer.
Distribution is a management system within logistics that is focused on order fulfillment throughout distribution channels. A distribution channel is the chain of distributor/reseller and entities that a product or service moves through on its way from its point of origin to a consumer. Examples of distribution channels include ecommerce websites, wholesalers, retailers and 3rd party or independent distributors. Besides delivering higher profits, distribution management eliminates waste in a number of ways, ranging from reduced spoilage to reduced warehousing costs since products and goods can be delivered as needed (“just in time” inventory), rather than stored in bigger bulk (“just in case” inventory).
Distribution management leads to decreased shipping charges and faster delivery to customers, and it also makes things easier for buyers as it enables “one stop shopping” and other conveniences and rewards, such as customer loyalty rewards programs.
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