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ERP Software For Trading Company

Get advanced tools to tackle the trading and distribution industry challenges  

Growing a trading and distribution business is challenging. Distribution companies need to balance various factors, such as forecasting, inventory, logistics processes with other traditional business departments, including sales & marketing, finance, customer service, and many more. Fortunately, Sage X3 is an easy-to-use and powerful software that bridges this gap.

Trading and Distribution Industry Challenges Explained

First, let's delve deep into why trading and distribution companies need modern ERP software:

  • The ever-increasing requirement for multiple sales channels — both digital and offline.
  • Customer segments are becoming more diverse. The CRM module of the ERP software segments customers based on geographic, demographic, psychographic, and behavioral parameters.
  • Rebates, pricing, and incentives increase profitability.
  • Providing additional services such as labeling and assembly.
  • Offering complex, customized, or bundled product portfolios.

Sage X3 ERP software for trading company is the perfect solution to outdated and expensive ERP systems. Traders and distributors can replace their inefficient and inexpensive systems with Sage X3 for increasing their business efficiency and meet business needs.

Source: Forrester

  • Consolidate their work systems into one solution.
  • Achieve process and product consistency across varied operations.
  • Gain real-time visibility and insight across the global supply chain.
  • Accommodate future merger and acquisition activity.
  • Automate repetitive, manual, and time-consuming activities.
  • Increases agility that instantly helps distributors respond to changing market trends and customer preferences.
  • Implement new integrations/extensions to support new activities as your business grows.

Elevate your productivity with Sage X3

How Will Sage X3 Help You Solve The Challenges Mentioned Above?

Create detailed financial reports

Control all your financial needs — cash flow, invoices, budgets, and inventory from a single place and create detailed reports. Also, handle targets and commissions with ease.

Comply with international standards

Create, edit, and update records in accordance with global standards such as GDPR.

Maintain excellent vendor & customer relationships

Manage supplier quantity and performance from a single dashboard. Enhance customer service by solving their queries instantly using mobile technologies.

Perform 360-degree supply chain management

ERP software for trading company ensure accountability of all stakeholders in the supply chain. Get a comprehensive understanding of all aspects of the inventory, warehouse operations, product profitability. Pick, stock, and fulfill orders efficiently.

Build a mobile salesforce

Create a mobile sales force that has complete visibility of each customers’ past purchases, stocks, quotes from any connected device at any time and anywhere.

Keep adequate inventory level

Maintain required stock levels to keep cash tied up in excess inventory low.

Accelerate your growth and profits with Sage X3 ERP Suite

Sage ERP X3 system can be customised to suit your business needs to gear up your business’ success.

Benefits Of Sage X3 For Trading Company

ERP software manages different aspects of your business. For example, from inventory and warehousing to supply chain, finance & accounting, and customer relationship management. 

Sage X3 is the best ERP software for a trading company. It contains numerous modules and applications that offer a broad range of services, such as customization, implementation, training, integration, and support. With Sage X3 ERP software for trading company, you will implement the right strategy for gaining better performance. The following points explain ERP applications in detail:

Efficiently Manage Inventory and Warehouse

Ensure high productivity, consistency, efficiency, and top-notch quality control through the inventory and warehouse management module of the trading and distribution ERP system. Other key features include:

Managing supplier or manufacturing inventories.
Handling internal and external locations.
Stock management.
Gaining precise business information.
Making timely, intelligent decisions. 

ERP software for trading company also takes care of warehouses across multiple locations, decreasing processing time and enabling employees to do more work in less time. As a result, you can use resources judiciously and handle millions of transactions conveniently at a time. 

Other benefits of ERP system include serial number tracking, lot tracking, and inventory forecasts. But, most importantly, it also helps achieve product traceability through upstream and downstream courses of action.

Build Evergreen Relationships With the Customer Management Module

ERP software for  trading company also has a customer relationship management (CRM) module to build robust and long-lasting customer relationships. Moreover, it helps manage the sales pipeline by prioritizing follow-up activities for each customer and meeting the targets effectively. 

The CRM module has built-in capabilities to develop comprehensive customer profiles based on geographic, demographic, psychographic, and behavioral parameters. In addition, a trading and distribution ERP solution has an easy-to-use dashboard that provides a comprehensive overview of each client that can be used to brainstorm effective relationship strategies.

Track Products Conveniently

The best ERP software for trading company manages different products and their variants, kits, and multiple units of measurements. It also has a touchscreen interface and a barcode scanner that handle various trading operations such as packing, picking, and delivering orders at high speed. 

Trading & Distribution ERP software assigns serial numbers to each product that dramatically improves the tracking ability of those products. As a result, you can access the real-time location of products and make changes in the route from any connected device. Moreover, you can set customized routes and select different picking methods such as batch picking, wave picking, and by-order picking.

Get Enhanced Point Of Sale (PoS) Capability

Since POS immensely influences customers’ purchase decisions, it plays a critical role in its marketing strategy. As a result, many businesses install POS systems near the store exits to grab customers’ attention and significantly increase purchases. For example, department stores have POS panels for different products such as microwaves, televisions, fashion wears, candies, and much more. 

The staff promotes the products by giving customers gifts, vouchers, privilege cards, and discounts. Other benefits of PoS include improved customer service and checkout efficiency.

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