Trader & Supplier: Case Studies for the Client: Kerala Bearing
Our Client -
Kerala Bearing is one of the leading suppliers of bearing to various industries in Kerala. It was established in 2009 in Kottayam, Kerala, India, and provides Round the clock support. services for the customers.
Challenges Faced by Kerala Bearings -
Kerala Bearings, as an equipment trader and supplier, faces several challenges in managing their business efficiently. These challenges can hinder their growth and profitability. Here's a breakdown of the key issues:
Inventory Management Headache:
- Difficulty in tracking product inventory levels in real-time, leading to potential stockouts and missed sales opportunities.
- Inefficient stock control makes it hard to identify slow-moving or overstocked items, impacting cash flow.
- Wasting time on manual inventory checks and updates, reducing overall productivity.
Supply Chain Visibility Issues:
- Lack of clear visibility into the supply chain making it difficult to anticipate stock shortages and react promptly.
- Challenges in coordinating with suppliers and managing delivery schedules, potentially leading to delays.
Order Management Mayhem:
- Difficulty in tracking and managing purchase and sales orders, increasing the risk of errors and delays.
- Inability to monitor order fulfillment efficiently, leading to customer dissatisfaction.
Disconnected Billing and Invoicing:
- Time-consuming manual billing and invoicing processes that are prone to errors.
- Difficulty in generating accurate and timely invoices, potentially causing delays in receiving payments.
Kerala Bearings, with its equipment trading and supply needs, can find a powerful solution in BORG Suite ERP.
How BORG Suite ERP Solves Kerala Bearings' Problems -
Kerala Bearings faced several challenges managing their equipment trading and supply business. Let's see how BORG Suite ERP's solutions address these specific problems:
- Manual and Error-Prone Invoicing : BORG Suite offers a state-of-the-art invoicing system that automates invoice generation based on sales orders. This eliminates manual calculations and reduces errors, saving time and ensuring accurate billing.
- Difficulty in Managing Product Information : BORG Suite provides an inventory management module for creating and maintaining detailed product catalogs. You can include specifications, pricing, and other relevant information, making it easier to find and manage products.
- Inaccurate or Outdated Stock Tracking : BORG Suite offers real-time stock tracking and management. You can see current stock levels for each product across all locations. This eliminates Inaccuracies and ensures you always have accurate inventory data.
- Stockouts and Overstocking : BORG Suite helps you set reorder points based on historical sales data and lead times. This ensures you have enough stock to fulfill orders without overstocking and tying up capital in unnecessary inventory.
- Lack of Parts Availability Information : With real-time stock tracking, BORG Suite provides immediate information on parts availability. You can quickly see if a specific item is in stock and inform customers accordingly.
By implementing these solutions, Kerala Bearings can achieve the following benefits:
- Instant Billing : Generate accurate invoices quickly and efficiently, streamlining your billing process.
- Track Supply Chain Orders : Gain real-time visibility into your supply chain, allowing you to track purchase orders and manage supplier relationships effectively.
- Improved Product Management : Easily manage your product catalog, ensuring accurate information is readily available for both your staff and customers.
- Real-time Stock Tracking & Management : Always have a clear picture of your inventory levels, preventing stockouts and optimizing storage space.
In essence, BORG Suite ERP offers a comprehensive solution that addresses the core challenges faced by Kerala Bearings. It automates tasks, improves data accuracy, and provides valuable insights to streamline operations and achieve greater efficiency.
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