Wholesales and Distribution
ERPNext provides wholesale and distribution businesses with a number of key modules that
can be tailored and extended to fit the particular needs of the industry. Here at Aqiq
Solutions, we specialize in customizing ERPNext to help answer these specific needs
efficiently.
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Inventory Management
At Aqiq Solutions, we configure ERPNext to enhance key functions needed by wholesale
and distribution businesses. This includes tracking batch and serial numbers, which allows
you to trace products throughout the distribution chain; it also enables you to manage your
inventory across different locations or warehouses. We also offer multi-warehouse
management features that provide real-time visibility of stock levels at various sites. In order
to facilitate correct inventory valuation, we develop customized reports for the valuation of
stock under methods such as FIFO, LIFO, and Weighted Average cost. Dynamic stock
replenishment is realized by automating reorder points, reordering rules, and minimum stock
levels, taking into account historical sales information and trends.
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Order Management
Aqiq Solutions configures ERPNext to bring efficiency in operations for wholesale and
distribution businesses. We develop integration for sales and purchase orders, automating
the process from customer quotes to sales orders and from supplier quotes to purchase
orders. We extend our offerings in drop-shipping management, ensuring the best way of
handling direct shipments from suppliers to customers—a critical feature for many wholesale
distributors. We further enhance delivery scheduling, ensuring timely and accurate fulfilment
of orders by streamlining the whole process of delivery.
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Procurement and Supply Management
In the construction industry, procurement and supply chain management involves sourcing
the materials, equipment, and services necessary for a project’s success. This includes
selecting suppliers, negotiating prices, and managing purchase orders to ensure timely
delivery. Effective procurement ensures that the right quantity and quality of resources are available when needed, helping to prevent project delays. It also covers vendor and
subcontractor management, inventory control, and cost tracking to stay within budget while
maintaining compliance with safety and quality standards. Aqiq Solutions simplifies these
processes, enhancing efficiency and compliance throughout the project lifecycle.
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Customer and Supplier Relationship Management (CRM)
At Aqiq Solutions, we customize ERPNext to enhance the way our customers interact with
their customers and suppliers in the wholesale and distribution industry. Custom CRM
workflows for industry-specific needs are designed, including bulk discount management,
contracts, and large client accounts. Efficient supplier management is enabled, through
which businesses can track performance, build long-term relationships, and re-order on
automatic with trusted partners. Additionally, we develop customer portals where customers
can place bulk orders, track deliveries, view pricing, and manage their accounts with ease.
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Pricing and Discounts
Aqiq Solutions customizes ERPNext to support advanced pricing strategies that are
essential for wholesale distributors. We implement tiered pricing models, enabling
businesses to offer bulk discounts and complex pricing structures based on volume,
customer type, or contract terms. ERPNext also include dynamic discounting, automating
condition-based discount rules such as early payment or volume-based discounts. We also develop contract pricing modules to manage long-term supply agreements with fixed pricing
or special terms for key clients, ensuring flexibility and efficiency in price management.
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Accounting and Financial Management
ERPNext caters for financial complexities in wholesale and distribution companies. The
multi-currency support customization helps perform seamless transaction transitions across
a global distribution network, while the tailored taxation feature handles region-specific tax
obligations, including VAT or adjustments in sales tax for product categories. Aqiq Solution
develop profitability analysis reports to delve deeper into the financial insights for businesses
to assess their profit margins concerning pricing models, customer segments, or regions that
help make informed decisions.
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Timesheet and Labor Management
In the construction industry, timesheet and labor management involves tracking the working
hours of employees and subcontractors for accurate payroll processing and labor cost
control. Workers log their hours daily or weekly, either on paper timesheets or digital
systems, which are then reviewed and approved for wage calculation, including overtime or
deductions. Labor management also ensures that the right skills and resources are assigned
to tasks, monitors workforce productivity, and ensures compliance with labor laws and safety
regulations. Aqiq Solutions simplifies this process, providing seamless tracking and
management to optimize labor efficiency and compliance.
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Logistics and Supply Chain Optimization
Aqiq Solutions customizes ERPNext to make wholesale and distribution businesses
logistically efficient. By implementing route optimization features that minimize delivery costs
and reduce transit time by planning efficient shipment routes, we do this. The solution can
includes customized 3PL integration where real-time tracking, inventory management, and
automated invoicing are possible with extended collaboration with logistics providers. In
addition to that, we improve inventory with barcode scanning and labeling for more accuracy
and efficiency while receiving, packing, and dispatching stock.
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Reporting and Analytics
Aqiq Solutions enhances ERPNext with advanced analytics and multi-level reporting tools
tailored for wholesale and distribution businesses. We create custom dashboards that
provide business owners with real-time insights into sales, inventory levels, customer orders,
and other critical metrics. The solutions also include sales forecasting, leveraging historical
data to predict future trends and optimize stock levels for peak demand periods. Additionally,
we develop reports on the performance of suppliers and customers to let businesses assess
supplier reliability and analyze customer purchase trends for informed decision-making.
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Mobile App Integration
At Aqiq Solutions, we enhance ERPNext with mobile-friendly features to boost efficiency and
accessibility. We develop and customize the mobile app for sales teams, allowing field
representatives to access real-time inventory, pricing, and customer data, and process
orders directly from their devices. Additionally, we enable barcode scanning via mobile,
empowering warehouse staff to update stock levels in real time using their smartphones,
ensuring seamless and accurate inventory management.
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E-commerce Integration
Aqiq Solutions integrates ERPNext seamlessly with e-commerce platforms like
WooCommerce, Shopify, and Magento for effective inventory and order management across
online wholesale channels. We also customize ERPNext to provide a B2B portal where
wholesale customers can place big orders directly, which smoothes out the purchase cycle
and improves customer experience.
Benefits of Customizing ERPNext for Wholesale & Distribution
Customizing ERPNext for wholesale and distribution businesses offers the following
advantages: operational efficiency by way of customized workflows that automate tasks
related to stock replenishment, order processing, and supplier management, thereby saving
time and cost. It improves customer service by allowing real-time access to customer orders,
product availability, and delivery status for a seamless experience for the clients. Advanced
features like batch tracking, multi-location management, and dynamic stock replenishment
allow for better inventory control, minimizing overstocking and stockouts. Aqiq Solutions
ensures scalability by customizing ERPNext to grow with your business, accommodating
expansion into new regions or the addition of new product lines. Comprehensive reporting
through custom dashboards and reports empowers business owners to make data-driven
decisions, optimize margins, and monitor supplier performance effectively.
FAQ
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What are the main benefits when using ERPNext in operating wholesale and distribution businesses?
ERPNext for wholesale and distribution provides a key benefit in improving
operational efficiency, inventory management in real time, smoothing the sales process,
enhancing customer service, and improving financial control. The system supports batch
tracking, multi-location management, dynamic stock replenishment, and comprehensive
reporting, all tailored to meet the unique needs of wholesale and distribution businesses.
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How does ERPNext do the inventory management for whole distribution?
The multi-location management, batch-serial number tracking, and dynamic
replenishment of stock are few reasons behind ERPNext's advanced version of inventory
management for whole selling distributions, which helps to minimize overstocking and
stockout, improve accuracy in inventories, and provide on-real time visibility into stock at
several different locations.
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Can ERPNext be customized to support dropshipping operations?
Yes, ERPNext can be customized to support dropshipping operations. Aqiq
Solutions can integrate features that allow products to be shipped directly from suppliers to
customers, enabling efficient order fulfillment and reducing inventory holding costs.
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What kind of reporting capabilities does ERPNext offer for wholesale and distribution businesses?
ERPNext provides comprehensive reporting for wholesale and distribution.
Reports can be custom-made on stock valuation, profitability analysis, supplier performance,
and customer purchasing behavior. These reports will enable the business to make informed
decisions, optimize margins, and track supplier reliability.
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Does ERPNext have mobile access for sales teams?
Yes, ERPNext can be customized to allow mobile access to sales teams. The salespeople
will be able to access up-to-date inventory, prices of items, and customer orders through
mobile devices. They will also be able to place orders directly from the field and therefore be
more productive, leading to better customer service.
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How can ERPNext integrate with e-commerce?
ERPNext will integrate with WooCommerce, Shopify, and Magento, which are some
of the most well-known e-commerce websites. This integration enables the firm to manage
online orders, inventories, and customer data with ease; thus, providing an integrated
solution for online and offline sales channels.
