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Logistics is an area about which we discuss a lot as it is an area in constant transformation. What causes this transformation? Changes in technology flows, increased production or rapid evolution of e-commerce all cause the same result: logistics transformation.
Let’s see how the future of logistics or the logistics of the future looks like!

As mentioned in our previous article, e-commerce has completely changed the face of commerce. The world is in a continuous transformation and the most important factors to influence success are time and information. This is what the best performing companies do: give as much information as possible about their products through all the existing channels and ensure a rapid delivery. That’s why e-commerce companies had to adapt to customers’ expectations and find new distribution channels. Innovation and agility are essential for success in business.

Even since its beginning, e-commerce has transformed the way stores sell their products and how buyers buy them. Let’s consider the following figures:

A distributor’s activity seems as simple as buying and selling products. Yet, this simplicity is more complicated than it might seem. Distribution is a continuous fire activity, with constant need of stock and client orders information.

Daily analysis is needed on staff performance, receiving orders and collecting payments. Stocks need to be analysed daily, as well as supplier orders. Similarly, distributors have to analyze sales by divisions or brands, in order to find the best products combination to generate a maximum of profit. An income and expenses review must be an on-going activity. There are several costs to be monitored: handling charges, storage, car park costs, as well as salaries, contributions and other taxes. All these are the “ingredients” of an average day in a distribution company. Other specific issues to be addressed are increasing billing efficiency through information quality and human error elimination.

Some key-elements such as inventory tracking and its migration rate, supply and on-time deliveries are critical in distribution and, if not managed properly, they might cause trouble. This usually happens when a poorly trained sales force carelessly manages a client-product mix review.

A distributor’s activity seems as simple as buying and selling products. Yet, this simplicity is more complicated than it might seem. Distribution is a continuous fire activity, with constant need of stock and client orders information.

Daily analysis is needed on staff performance, receiving orders and collecting payments. Stocks need to be analysed daily, as well as supplier orders. Similarly, distributors have to analyze sales by divisions or brands, in order to find the best products combination to generate a maximum of profit. An income and expenses review must be an on-going activity. There are several costs to be monitored: handling charges, storage, car park costs, as well as salaries, contributions and other taxes. All these are the “ingredients” of an average day in a distribution company. Other specific issues to be addressed are increasing billing efficiency through information quality and human error elimination.

Some key-elements such as inventory tracking and its migration rate, supply and on-time deliveries are critical in distribution and, if not managed properly, they might cause trouble. This usually happens when a poorly trained sales force carelessly manages a client-product mix review.

SocrateCloud for distribution helps you manage all operational flows, from supply need to supplier invoices, supplier orders, payments, performant warehouse management, eCommerce for distribution through online channels, financial management and accounting, customer relationship management and business analysis and reporting.

SocrateCloud is the complete solution that covers all functionalities necessary to distribution companies, regardless of size or complexity of performed activities. Designed for modern businesses, cloud based, SocrateCloud is scalable, flexible, and adaptable and frees you from the upfront capital costs (infrastructure), offering a predictable pay as you go subscription model that makes cash flow management and planning much easier. The cloud infrastructure provides best data privacy, security and availability.

We invite you tomorrow, October 7, to our SocrateCloud for Distribution & Logistics or How to choose wisely in order to grow your business presentation which will take place at 12:15 on Business Software Stage at IMWorld to find out about the advantages of using our solution to optimize your distribution process.

We support your business performance! Please visit our website http://www.socratecloud.eu/socratecloud-platform-erp-for-distribution/ for more information or email us at sales@bitsoftware.ro

Uber is evolving the way the world moves and how people move through the city. Everything was possible with a (seemingly) simple application that can be installed on any smartphone and connects drivers and customers, making transportation more accessible in the city. At the same time, it opens more opportunities for drivers to open their own business.

BITSoftware announces optimizations and new functionalities for SocrateCloud ERP & CRM platform.