A common method for automating the supply chain involves installing an application at the distributor’s end, which is connected online to the parent company’s ERP system. Executives then instruct distributors to manually enter sales data—such as product purchases by retailers—into the system, which is subsequently transmitted to the parent company’s ERP.
While this approach sounds straightforward, there’s a challenge: most distributors already use Tally for their accounting and sales records. Asking them to input the same data into another application creates redundant work with no clear benefit. The success of this system depends entirely on whether the end users are willing to adopt it.
Tally, being the preferred tool among distributors, can now be customized to meet both the distributors’ and the parent company’s requirements. With this solution, data entered into Tally can be captured by an add-on and sent directly to the parent company’s ERP system once an internet connection is available. This process is seamless for the user, allowing them to continue using Tally as usual without disruption, even while updates are being made. Since the system eliminates the need for duplicate entries, distributors benefit from streamlined operations, including the ability to track their credit limits and those of the retailers they work with.
The need to track product movement throughout the supply chain is now a reality. It’s a practical solution that eliminates common barriers, offering a clever workaround to an age-old problem.
TallyPrime is ideal for supply chains in the following industries:
- Telecom
- Finance
- Automobiles
- Consumer Durables
- Pharmaceuticals
- Chemicals & Fertilizers
Advantages for Parent Companies:
- Unified SKUs across all distributors, dealers, and resellers as per the parent company’s standards.
- Seamless flow of secondary and tertiary information from the distributors to the central ERP system, ensuring last-mile connectivity.
- Real-time sales and stock data at distributor locations, enabling timely decision-making and protecting ROI.
- Efficient stock replenishment at distributor sites.
- Centralized control over schemes and discount management across the distributor network.
- Streamlined claims management.
- Automation of purchase order processing and invoicing.
Advantages for Distributors:
- End-to-end purchase cycle management, from order placement to goods receipt, billing, and payment.
- Complete sales cycle management, from order to delivery, invoicing, and payment receipt.
- Efficient accounts payable and receivable management.
- Multi-godown and batch-wise inventory management.
- Full accounting and statutory compliance.
- Detailed profitability reports, item-wise and invoice-wise.
- Use of TallyPrime as a comprehensive supply chain management tool.
Key Features:
- Collaborative Ecosystem for better data sharing and process integration.
- Digital Ecosystem for seamless, tech-driven operations across the supply chain.
With TallyPrime, businesses can optimize supply chain operations, enhance collaboration, and create a more efficient ecosystem for both the parent company and its distributors.
