The Consumer Goods industry has an ever-evolving supply chain, and Direct Store Delivery (DSD) is a strategic focus of most consumer goods companies because of its increasing revenue contribution. However, most of them view their current DSD systems as not adequately providing the tools they need for the future. Operational efficiency, cost reduction, and revenue generation are key expectations from a Direct Store Delivery system, yet their current solutions are far from expectations and need a revamp.
Some challenges come inherent to DSD, but we recommend implementing the following best practices to make your DSD solution effective and futuristic.
Single Source of Data
Having all the data in one place can take away 70% of your challenges. With so many field reps taking orders from different customers and different times, your data needs to be accessible from one solution. It means all the data of sales rep activities, logistics, inventory management, invoicing, and payments should be on one system. All your devices and solution should reflect the same information and not act disparate from each other. Real-time integration is equally essential, and your DSD should be integrated into the ERP for each of your field reps to get up-to-date information.
Direct Store Delivery connects your business directly to the retailers, and everything revolves around inventory management and periodically replenishing stocks. A digital ordering screen built-in your DSD solution for order taking saves time and adds a whole new dimension of convenience. Available for online and offline viewing, it lists the most up-to-date products with images, descriptions, and other specifications.
The reps can quickly select items or can duplicate past orders for quick reordering. Integration with popular payment gateways makes payments easy to collect from the field. The DSD solution should also help manage logistics and deliveries to minimize overheads and help you gain the last mile advantage.
Personalized Product Recommendations
Guided sales or a product recommendation feature in your DSD solution can recommend SKUs for a retailer based on purchase history, sales, and returns. Data-driven recommendations from a sophisticated DSD solution can recommend the next-best SKU to sell to increase same-store sales. By personalizing visits, your sales reps can take your product to the right target audience and increase the likelihood of upselling and cross-selling.
Field reps tend to fall short of their sales targets due to a lack of visibility on their performance on the move. A sophisticated Direct Store Delivery solution allows field reps quick access to all customer, product, and sales information even while on the road. They can complete tasks and store critical information from the field even without a connection, with the ability to sync it all later.
The more users and processes your enterprise has, the more data you will accrue over time. To manage this ever-growing database of your business, a scalable solution that can handle a sudden increase in users or processes is a must-have. The best way to go about this is to pick a solution built on the cloud and integrate it with your existing ERP. With all your data accessible from a single platform, you can keep your teams consistently informed and help make data-driven decisions. Cloud solutions extend the flexibility to scale up or scale down, thereby enhancing your business profitability without worrying about adding more servers or software.
Direct store delivery is an essential piece of managing successful business sales operations. A high-performance solution helps your business overcome its unique business challenges, achieve more coverage, and gain visibility into field executions- all contributing to a better return on investment on technology solutions.
Ivy’s DSD solution seamlessly integrates route accounting, distribution, delivery, field force automation, promotions, and other core assets of the consumer goods supply chain to amplify operational efficiency and profitability across your business. If you’d like to know more, schedule a demo with our team today.
Published by May 19, 2022 by Ivy Mobility