Wholesale Distribution and Trading

The Wholesale Distribution and Trading industry is in the throes of dynamic change. The enterprises in this industry are facing some of the toughest challenges in business today. Increased competition is driving down prices, and customers are demanding higher yields and more value for their money. In order to remain competitive in this market, it is essential to obtain complete data visibility. Data visibility will help organizations reduce operating costs, increase efficiency, offer value-added services, and manage customer and supplier relationships.

Sub Verticals

• General Trading Companies
• Non Durables
• Durables
• Food, Drugs, and so on

Business Challenges

• Reduce costs: Operating and inventory tracking cost
• Manage inventory across locations, thereby reducing inventory turns and increasing warehouse productivity
• Track materials in transit
• Improve cash flow and reduce sales collection days
• Value stock accurately across multiple locations with proper excise documents tracking
• Support Centralized and Decentralized Operations
• Maintain good customer–supplier relationship
• Standardize business procedures, to avoid disparity in reporting and delay in decision making

RODE Benefits

• Control on processes driven by the lot expiry date/batch Ids
• Control on repacking and reprocessing
• Stock transfers across branches with relevant taxation
• Import and export trading with relevant taxation
• Stock cost valued appropriately using ‘actual costing’ methodology, enabling excise pass on
• Facility to take out reports both for import, domestic purchases, and exporting

RODE Features

• Actual Costing Method which enables easy excise pass on
• Comprehensive First In First Out (FIFO)-based inventory management
• Complete Purchasing and Sales for Trading including import purchases and export sales
• Centralized purchasing across branches
• Consolidated reports on sales, purchase, accounts payable, and profitability, across branches
• Stock transfers across branches including excisable goods
• Detailed sales return management functionality
• Efficient measurement and reporting system across the supply chain, to ensure data accuracy and inventory visibility
• Automatic credit check, facilitating better control and tracking of receivables