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How an ERP solution helped a Mobile Accessories and Trading Company boost its supply chain?
TThe root problem of HK accessories when they approached us was managing the inventory through their supply chain efficiently. To boost the efficiency of the supply chain and to enhance inventory management, Coruscate offered them a comprehensive ERP solution.
The supply chain for HK accessories is
Manufacturer
Stockist
Distributer
Retailer
Customer
The Broad Requirements
Inventory Management :
They wanted to be able to manage the inventory at each level in the supply chain.
Purchase :
The solution should be able to manage the purchases and sales between the different levels within the supply chain automatically for smooth transition and transactions
Order Management :
In case the distributor has ordered 10 pieces and the number of pieces that reach him is less than the ordered piece, the distributor can sue the stockist.
Offline Management :
There are times when the salesman claims they don’t have Internet connection, and don’t visit a particular manufacturer or, say they have visited even when they have not.
Offer Management :
In some cases, the salesman would give away offers that are not really available. This could cause losses to the company. The system should be able to track the available offers in real-time
Demand :
Gauging the demand at the distributor’s and retailer’s end was again a difficulty faced by the factory outlet. They did not know what kind of products.
How our ERP system helped HK?
We devised a custom ERP solution for HK accessories. We had already built an ERP product which had most of the issues handled. Apart from that, we added a few more details, which resolved the issues faced by the client.
The Proposed Features
Every level can view the inventory available.
The ERP could manage the orders. The system would track the number.
We built an application that would be installed in the devices carried.
Offers are managed through this system. If the user wants to see the offers available.
Similarly, the factory and distributor end can know the demand based.
The system made it easy for the salesmen to upload their bills and keep a track.
Results
- The transparency between the different levels within the supply chain increased
- The supply chain became 2x efficient as compared to before the system was installed
- The tracking impacted sales and there was a definite growth in the profits
