While integrated ERP systems have brought many efficiencies to the global food supply chain over the last two decades, some distributors remain stuck with the challenge of how to flourish while staying competitive.
Historically, legacy food and beverage ERP systems have not been fully equipped with all pieces of the business puzzle. It is not uncommon to see disparate systems being used for operations, tracking promotional dollars, accounting and so on.
As technology makes the world smaller and markets closer, the niches we used to play in are slowly transforming into commodities. The answer is often a mix of hard work, smart business decisions, the ability to identify areas of opportunity, converting them into growth, and the addition of an integrated ERP system.
But how does one sustain and survive in a highly competitive industry with razor thin margins?
It is imperative to find opportunities to make profits and an integrated ERP system which tracks deals, rebates, and promotions accurately, and earn monies on time will prove that line item profitability is not a myth anymore.
Deals and rebates have been a continuous challenge. Several contributing factors—such as creative manufacturers, under-equipped food distributor staff, and getting product out the door quickly—have caused distributors to lose money on unclaimed rebates.
As a business owner, ask yourself these questions:
1. Are you missing profit-making opportunities because deal management is too cumbersome and manual? How inefficient is your time utilization with regards to keying in multiple deals for customers and vendors?
2. Have you missed out on deal monies because you found out about the deal well after related transactions were already processed, or because they were dated incorrectly?
3. Are you unable to track the complex deals that manufacturers are now creating?
4. Are you wasting time manually reconciling your claims and would like to have proactive electronic claims processing set up with your manufacturer for quick turnaround of the deal monies?
5. Are you unable to track deals for your customers and vendors as a service?
If you answer even one of these queries with a “Yes”, it is time to empower yourself with a robust Enterprise Food Distribution software solution that is purpose-built and incorporates intelligent deal and rebate management. It is time to buy smart/sell smart and make money in the process.
How an integrated ERP system helps
AFS ERP is a purpose-built, fully integrated ERP solution for the food and beverage industry. While ensuring operational accuracy – the right product, reaches the right customer at the right time, we also realize that it is important that the business owner seizes profit-making business opportunities, as and when they present themselves or be proactive about them.
A purpose-built, fully integrated solution for the food and beverage industry, AFS ERP ensures operational accuracy for the right product, reaches the right customer at the right time, we also realize that it is important that the business owner seizes profit-making business opportunities, as and when they present themselves or be proactive about them.
With built-in capabilities to handle the most complex deal and rebate models, our system provides the tools to accurately accrue and capture deal monies, offer promotions to boost sales and promote profitable products and reduce cost by strategizing reduction of less profitable and low movement items. We help you immediately account for the vendor receivables and customer payouts and respond to manufacturer challenges with confidence by positioning yourself at the forefront of competitive price agreements and bill-backs based on manufacturer list prices.
With our integrated ERP system, you will be able to immediately account for the vendor receivables and customer payouts and respond to manufacturer challenges with confidence by positioning yourself at the forefront of competitive price agreements and bill-backs based on manufacturer list prices.
Most importantly, we work with our customers collaboratively to understand their needs and incorporate them into the integrated ERP system to benefit the user community. Because as the saying goes, growth is never by mere chance, it is the result of powerful forces working together.