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Summary: Today, India is the 3rd largest and fastest-growing alcoholic beverages market with a cumulative market cap of USD 5 billion. Research reveals that 30% of Indians consume alcohol and this figure has risen rapidly at a CAGR of 7% in the last four years. Therefore, several distilleries are trying to come up in this space and make a mark for themselves. However, it requires compliance with government policies and deploying a robust business management platform that provides solutions to various industry challenges quickly and efficiently.
Companies operating in the brewery and distillery industry have to deal with challenges across numerous verticals, including marketing & sales, finance & tax, production & quality, service management, warehouse & distribution, business intelligence & reporting, purchase & inventory, and contact management. In this article, we will see how business management platforms like Enterprise Resource Planning (ERP) systems provide quick and efficient solutions to distillery companies.
ERP software provides all the marketing and sales tools to track customer needs and stores all sales and marketing information in a single repository accessible to relevant stakeholders. Get an in-depth understanding of your customers’ preferences & changing market trends, succeed in online marketing, and benefit from mobile sales.
Enhance your sales teams’ ability to find prospects with a higher chance of converting into full-time paying customers. A robust business management platform will allow them to search and close more leads by significantly increasing their productivity, both, in-house and in the field.
Significantly increase the agility and productivity of your sales reps by allowing them to access critical business information across various mobile devices, including smartphones, laptops, PCs, tablets, etc.
Business management platforms create and manage loyalty management programs that help develop robust and long-lasting customer relationships.
Business management platforms enable distillery companies to market and promote their products on electronic media, create engaging email marketing campaigns, and do A/B testing that helps understand what strategies are working.
Distillery companies get a 360-degree overview of events-related orders, such as products sold in a giveaway or an event. You can also optimize equipment with the rise in demands and plan equipment loans with your orders.
Increase customer database efficiently by the tele sales module.
Indian distillery market is setting up the global footprints. Recently, in an article published by Businesses World, IWSC Picks Indian Gin Distillery In World’s Top 5 Gin Producers. While Indian companies aim at entering the international markets, managing finance and compliances becomes an integral part of business operation.
Business management platforms consist of tools that enable distillery companies to integrate financial management workflow with other departments. This system helps bring together financial processes & analytics, controls costs, liquidity, and cash, performs automated and real-time processes, and helps get relevant business insights.
Manage accounts payables and receivables, general ledgers, budgets, and access detailed financial reports with a business management platform.
Discount management plays an essential role in a distillery company’s supply chain management:
Manage deposits efficiently without getting into complicated administrative procedures.
Distilleries businesses no longer have to calculate taxes separately for each item. Instead, you can calculate item-category taxes like excise duty based on a particular country’s legislation.
Quickly build reports and contracts for short-term and long-term requirements, including loan, rent, and technical maintenance contracts.
Efficient management of warehouses and distribution centers plays an essential role in developing a cohesive supply chain. Business management platforms like ERP software allow distillery companies to streamline warehouse and distribution-related challenges that increase warehouse efficiency, manage discounts, and deliver top-notch customer service.
Move products from source to destination cost-effectively. Optimize customer service, reduce freight cost, and significantly increase your warehouse efficiency with ERP application.
Streamline warehouse workflow using state-of-the-art Serial Shipping Container Code (SSCC) pallet tracking, enhance visibility across various interconnected logistics operations, and reduce/eliminate data entry errors.
Business management platforms help distillery companies manage raw material costs and complicated customer demands and adhere to strict government rules and regulations concerning food and beverage safety and quality concerns. In addition, this software will enable you to significantly increase your operational visibility, flexibility, and reliability and become more agile to handle orders.
ERP software for distillery companies will allow you to track items from source to destination. You can control expiration dates and smoothen planning, purchasing, and quality assurance. Other features of the tracking module include:
Drive efficiency by tracking business operations from purchasing raw materials to end-product packaging.
Streamline logistics and procurement policies via distilleries ERP. Formulate plans regarding what products you will produce on which product lines and use forecasting tools to develop short-term and long-term planning. This way, you can ensure that you are never short of the raw materials required to run your distilleries company.
ERP for distillery management allows you to measure product quality based on intermediate and finished goods in the production process. Moreover, it also monitors the quality of the raw materials. Other functions of the ERP software include:
Distilleries ERP simplifies the monitoring of your beverage production processes. It tracks all the processes that lead to the conversion of raw materials into finished products. You will also get the following benefits:
Efficiently manage beverage production equipment, ad-hoc service requests, preventative maintenance, and easy handling of plant maintenance.
At Sage Software Solutions (P) Ltd., we are home to world-class ERP software and CRM software that will solidify your business tech support fundamentals and enable you to build a customer-centric organization. You can also write to us at firstname.lastname@example.org.
Disclaimer: All the information, views, and opinions expressed in this blog are those of the authors and their respective web sources and in no way reflect the principles, views, or objectives of Sage Software Solutions (P) Ltd.
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