For distributors and other businesses touching inventory, a great enterprise resource planning system like SocrateCloud ERP provides significant advantages over managing your business through in-house and piecemeal solutions.
For distributors and other businesses touching inventory, a great enterprise resource planning system like SocrateCloud ERP provides significant advantages over managing your business through in-house and piecemeal solutions.
Optimizing stock is an important skill for every business which sells physical products, and especially for distribution companies. It's a difficult balance to maintain.
Supply chain management focuses on the process of getting a product from the ground or delivery of raw goods into the hands of the consumer. However, in practice that requires a lot of complicated procedures to manage closely, and doing so efficiently and cost-effectively requires a powerful software tool.
Whether you're managing a warehouse or a group of warehouses, here are the requirements for a robust supply chain management software program.
In the current economic context, the idea of buying a WMS system has become increasingly popular among companies that have less complex systems of storage and large incomes, but also for companies with a large number of customers and low volume turnover.
The main function of a warehouse management system is to control the movement and storage of products in the store and transaction-related operations and processes.
When they conclude that they needed an ERP system, companies face a big dilemma: what solution should they choose?
Some time ago I learned from one of our collaborators with wide experience in the field, that the implementation of an ERP system degrades; in other words, in this case, too, the entropy law applies! His statement has caught me by surprise because the ERP implementation was not a piece of cheese left in the fridge left there to rotten. Although I had an extensive experience in the field, I haven’t had the time to think about this, because each time I finish an implementation I pass to another and so on until the final victory.
Regardless of industry, the KPIs are tools for measuring performance, for knowing if your business improves or degrades and if an intervention is required.
There are several types of KPIs: strategic KPIs (market share, profit, turnover, customer satisfaction), management KPIs (resource availability, costs, budget), operational KPIs (individual performance, processes performance, products, specifications, efficiency).
Have you ever wondered what having a successful business means? A successful distribution business, like any business, starts with a successful business plan, with hard working and involved people, to help it grow "organically". This "organic" growing requires time and attention.
But how do you know if your distribution business is moving in the right direction? How can you make sure that you know at any time what happens to your money? What are the signals that you need systems for business growth? After 22 years of experience and thousands of discussions with distribution business people,
SocrateCloud ERP and SocrateBI support Handlopex Romania in developing a multichannel distribution network of tyres and rims. In its first year of operation, Handlopex Romania generated a turnover of 1.5 million Euro and was positioned as a reliable supplier on the Romanian market.
Handlopex, a European leader in the distribution of tires, with a turnover exceeding EUR 170 million and sales of over 3 million tyres annually at group level, chose SocrateCloud, complete solution for distribution, to manage the entire activity of the new Romanian branch, which generated a turnover that exceeded 1.5 million in the first year of operation and has positioned itself as a reliable distributor on the Romanian market.
Cross-docking is a warehouse activity, a transfer of goods from trucks that come from a distribution center (from manufacturers in most cases) onto trucks that go to the final customers. Cross-docking means reducing or partially removing the storage activity, reducing the stock activities (inventory, putaway, transfer, etc) and, finally, the costs.
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