What is Distribution ERP, And What are the Benefits of a Customized Solution?
The increasing complexity of business operations and the growth of functional initiatives are making day-to-day management more challenging. Automated processes and workflows are becoming essential for businesses to reduce costs and make operations more efficient. Distribution ERP software automates common functions such as accounting, inventory tracking, procurement management, etc.
What is Distribution ERP then?
A distribution ERP is designed for companies that own or manage multiple locations where it manages inventory and other vital business functions at multiple locations, providing a single view of all operations. In a typical distribution scenario, companies typically have multiple stores, distribution centers, and even overseas locations.
A distribution ERP is typically the only system retailers use to track inventory, manage suppliers, track sales, create reports, and make other decisions. To take full advantage of a distribution system, businesses must have an efficient inventory management strategy.
It can be broken down into two main parts: the planning and the execution. The planning is known as the storage and the execution is when the inventory is being tracked and used.
Businesses that use a distribution system need to have good inventory management practices to make good use of their resources and stay in top shape. The distribution system is made to support and expand the business’s operations. To make full use of the system, one must manage their inventory properly.
Benefits of a custom-built Distribution ERP
Some of the custom-built Distribution ERP are listed below:
Scalability: A custom-built solution is often built on a system’s own infrastructure, which makes it much easier to scale. Because a distribution system’s backend is often quite expensive, scalability is often an important factor.
Agility: A custom-built solution is often much more agile than more traditional systems. More agile systems often have a DevOps culture and culture that allows them to be built and delivered much more quickly.
Portability: A custom-built solution is often much more portable than more traditional systems. This is important because many businesses have multiple countries and locations. A distribution system should be easy to move, and a custom-built solution often allows for much easier portability than more traditional distribution systems.
Security: A custom-built solution is often much more secure than more traditional systems. A custom-built solution often uses a much more modern technology stack, and most custom-built systems use modern security technologies.
Cost: A custom-built solution is often cheaper than more traditional systems. This is because most custom-built solutions are designed from scratch, which often means they aren’t built on an existing system.
Final Thoughts The distribution ERP market is expected to grow at a CAGR of 19% during the forecast period. With the growth of modern retailing in terms of e-commerce, the demand for efficient distribution solutions has increased considerably.
The rise in the demand for automation and digitization in the distribution ecosystem has led to the emergence of advanced distribution solutions. With advancements in technology, we are now having smart software solutions that can manage a company’s inventory and supply chain efficiently. Distribution ERP can help businesses manage operations, improve efficiency, and make businesses more profitable.
If you're searching for an ERP that will help you accelerate the growth of your consumer products import or distribution business, provides a single source of truth for all your data, enhance your productivity, and raise your profitability, than look no further as Arure's state-of-the-art is a one-step solution to all your Distribution business needs. Sign up today to get your very own Distribution ERP.