ERP Software for Trading Business As a trader you serve your customers efficiently and wish that your market share grows quickly. You need to track your marketing strategies in real - time. You are also required to track your operations so as to conclude which of them are performing properly and which are not. Based on which you will take decisions and get empowered to overcome future uncertainties. An ERP Software consolidates Purchase requests and quotations and enables Quotations comparison and vendor selection. Through an ERP software you can process Multi-currency orders. It becomes simple to track a trading firms Sales Data. Different Sales Discounts types can be maintained. Stock availability can be tracked along with Re Order Levels and safety stocks. Different pricing based on Customer and items can be maintained. They can even be grouped for pricing purpose. Customers requirements can be tracked and delivery can be made on time at the right price. Sales Distribution Module can help improve sales and Market Effectiveness. Customers PO Status can be tracked through Sales Order. Sales Order can be generated from Quotation. Invoice and Vendor PO can be generated through Sales Order. Customer information can be maintained. Purchase Module helps in tracking PO status Item wise and Party-wise. Sales Order and Quotation can be generated through Purchase Order. The process of identifying Potential suppliers and supplier Quote evaluation is automated. The billing process is simplified. Through Inventory Management module appropriate stock can be maintained. Inventory Control includes identifying requirements of inventory and providing replenishment options. Item usage can also be tracked. A comprehensive Product Master helps to maintain various products of the trading firm. eliteERP software consolidates Process of Purchase, Sales Inventory etc for making the business operations of Trading Firms streamlined. Efficient accounting and Quality Management offers concise information for better decision-making. Productivity is improved along with increase in profitability through automated operations in eLiteERP. Ramco ERP on Cloud for the Trading Industry Expand your trade. Enter multiple geographies. Be a leader in your business. As a visionary trader, you are committed to serving your customers efficiently and growing market share quickly. In your quest for excellence, you need to track your go-to-market strategies easily and in real-time. Ramco ERP on Cloud has robust features that enable you with real-time data, decision-making power, and efficient processes. Track your operations so you know what is performing and what is not, and get empowered to rise above future challenges. With Ramco, you can fast-track your trading business across geographies. Whether it is strategic sourcing to accrue cost advantages, pricing across wider geographies, greater visibility on shipping dates or simply collection concerns, our trading solutions are designed to cater to your needs and realize revenue growth. Manage leads efficiently Experience greater visibility on leads generated. Ensure greater conversion rates. It is important to grow. It is more important to be ready to face the demand when you grow. With Ramco ERP on Cloud, you can manage your leads and review your demand pipeline data in a structured manner. You can prepare your business model to support a large customer base. Understand the lead numbers and quality Develop insights into opportunity creation, marketing activities and follow-up Perform periodic opportunity reviews Analyse your competition and tweak your sales pitch accordingly Dovetail multiple sales themes Manage multiple sales themes. Delight all customers. As you expand your sales operations across global markets, you need a solution that is flexible enough to dovetail multiple sales themes and deliver customer delight. With Ramco ERP on Cloud, you can configure and perform multiple types of sales with required workflows and approvals. Track your sales data at warehouse branch levels Perform regular Item, Consignment, Drop ship, Bill amp Hold, Stock Transfer and other sales types Adopt different sales discounts types, based on pricing rules for customers Use the Global Tax Solution engine to comply with statutory norms. Handle stocks effortlessly Track stock on hand at various warehouses in real-time. Avoid wastage. Improve profitability. Track your stock availability by tracking consumption pattern. Develop complete visibility across your warehouses in multiple geographies. Gain insights into performing and non-performing stock assets. Adopt strategies with ease for seasonal stocking, to enhance the value chain. Use ABC codes to categorize items. Study stock values and movement Know exactly the stock locations item-wise and study inventory turnover Fix and re-visit your ROL (Re-Order levels), MOQ (Minimum Order Quantities) and Safety Stock. Tweak them as necessary in tandem with fluctuating demand patterns. Stay ahead of competition Price competitively. Grow fast. Offer your customers service excellence. Understand their buying patterns and pricing needs to position your product profitably. Reward your high volume customers with better pricing options. Ramco ERP on Cloud aids you to develop these strategies, so you can stay ahead of competition. Adopt pricing rules based on items and customers. Study to identify high volume customers Group items and customers for pricing. Fix a range of volume-based pricing alternatives Study profitability for all shipments moving out of warehouses, across geographies. Run effective sales promos Plan and ensure that your marketing efforts are efficient. Improve response to promos. Enhance your ability to run sales campaigns through promos and register revenue growth. Ramco ERP on Cloud supports you in this effort with promotional features comprising deals that cater to multiple business scenarios that you encounter during season and off-season. Do price deals (price-off) Launch discount deals (with quantity and value breaks) Perform free goods deals (free item for buying another item) Be on time, always Track sales and collection efficiencies. Deliver goods on time. Collect bills also on time. Stay closer to your customers to take care of their requirements. Track their every requirement to deliver on time and at the right price. Ramco ERP on Cloud helps you do this. Analyze past sales and invoicing. Identify delays Perform receivables ageing analysis through DSO (day sales outstanding) Identify defaulters and tighten credit limits. Source strategically Be in league with suppliers. Have goods where-when-how you need it. Collaborate with your suppliers to drop lead times and costs. This helps you to remain competitive in your market and reduce costs to your customers. Ramco ERP on Cloud facilitates this proactive and strategic sourcing approach. Identify and enlist your preferred suppliers with quote management features Study your supplier performance based on timely deliveries, quantity and quality data Provide feedback to suppliers for continuous performance improvement in a collaborative platform Facilitate quick flow of information to your suppliers through supplier self-service portal, a standard Ramco feature. Motivate your sales team Calculate commissions. Reward performance. Motivate your sales personnel by rewarding their performance. With Ramco ERP on Cloud, you can set parametersbased on sales orders, invoices or realized invoiceson which you can implement and calculate salesperson commission payouts. Maintain salesperson commissions Track eligibility. Track sales orders and invoices Process commission and effect payouts. You may also like Ramco ERP on Cloud helps kickstart business operations for Trader and distributor of sports goods and accessories Ramco co-creates a one-of-its-kind digital framework for a Prominent Exporting Community in India Learn the secret how Trivitron Heathcare managed its supply chain effectively extending Ramco ERP to its dealers Ramco ERP on Cloud supports fast-growing trading company in its fight for market shareTrading 038 FMCG Distribution ERP for Trading amp FMCG Distribution Middle East, especially a few countries of the GCC have become trading hubs for the African continent and major parts of Europe. The local consumer market is dynamic and demanding. Thus, Trading is a major commercial activity in the Middle East. With such a well-paying consumer market, FMCG distribution has naturally been an important component of business for local and MNC organizations. Most of the Middle East countries, with some exceptions, import and market in their respective countries. Some do have local suppliers in a few segments. Some are even half way house for exports. They import and then export to other countries. Those who are in the FMCG business import from overseas or purchase from the local manufacturers and distribute through the ERP for FMCG channels. This ERP Software for Trading Company and distribution business has some salient issues that can make their ERP implementation experience pleasant and worth the effort Handling of procurement for import transactions as well as domestic purchases. Management of purchase cycle with good idea of lead time for procurement. Purchase Requisition and raising POs with help from ERP with suggested orders based on stock levels and suggested objectively evaluated suppliers. Control over deviations from historical purchase prices. Ageing or expiry date related MIS and alerts. Tracking of goods receipts in various warehouses and their placement in right BINs. Provision for batch wise tracking of receipts and issues. Also, in case of electronics or similar goods, a provision for capturing serial numbers. Highly flexible marketing schemes with date checks, area, item group links. Creation of kits for marketing schemes and their proper accounting for assembly as well as dis-assembly. Inter-location transfers. Facility for Back-orders i. e. creation of PO or RFQ based on an Order receipt. User defined parameters for QC in receipt or despatch. Auto-calculation of landed cost of goods and provision for profitability analysis. Creating user-defined hierarchy for Sales Teams, setting of targets, etc. Provision for SalesPurchaseFinance budgets territoryregionexecutive wise. Possibility to extend the software to Mobile Apps with tight integration with back-end ERP. Multi-currency, multi-location Financial System, with forex gain-loss computation. Smooth inter-branch, inter-group accounting to avoid reconciliation problems. Process linked workflows and alerts to make the business process-oriented and have faster turnaround from enquiry to despatch and from despatch to payment receipts. Managing different entities in the same business group, managing their credit limits, etc. In case of white goods, provision for After Sales Customer Care. Provision for integration with e-commerce sites or for creating own e-commerce site with back-end integration. Eastern Software Systems (ESS) is proud to have delivered a fully functional ERP Solution to clients in this segment who are using ebizframe ERP system for trading company for many years now. To know more about ebizframe10 can help you seamlessly automate your ERP software for Trading and ERP for FMCG Distribution business and take your operational efficiency to a higher level, please write to us at marketingebizframe. watch the ebizframe10 Demo by clicking here or call us on 971-50163008491-7045902824 . Request For Demo Testimonials 8220ebizframe has addressed our objective effectively and helped our business with accuracy and promptness8221 Mr. Ajay Saraf Corporate IT Head Dalma Energy, Oman 8220We are highly satisfied with the ongoing performance of the system and would recommend any company that would like its business operations to be in safe hands to go with ebizframe ERP8221 Mr. Elvis Fernandes Supply Chain Director The Principals Mena (TPM), UAE 8220We selected ebizframe from ESS and implemented it in a very short span of time. The proper controls tracking of consignments, documents and various functionalities helped us to expand our business by multiple folds. We feel that ebizframe is best suited ERP for our industry.8221 Mr. P. K Ayyappan Managing Director JBC Express Freight L. L.C. Middle East 8220The strict controls and best business practices both in the ERP and POS is the key point which helped us to control our business and succeed across the GCC. Apart from the flexibility and control the immediate support mechanism by the local team has been amazing and has helped us increase our efficiency using the system.8221 Mr. Kamel Shaban Business Development Director Brands International FZE, UAE Case Studies
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