Several automotive industries businesses are going through a revolutionary time. They need to manage workers, employees, processes, billing, stocks, and on-time delivery. And that's a lot. Among all this chaos and confusion and the will to stay ahead, these businesses now need an updated level of software that can handle their processes more effectively. Without any doubt, the new technology in the market, dealer management software easily simplifies all your business needs with complete visibility into day-day operations and inventory. So, let's explore the dealer management system and take a closer look at its benefits.
Since the dealer management system is an ideal software for an automotive dealership, wholesalers, distributors, and small dealers, it’s best to understand its benefits before your make any choice.
When you start a business, it's natural to overspend, get overwhelmed on where you need to invest your money. At the same time, overstocking can cost you much. You can easily place limitations before investing in any new machine or technology with the dealership management system. You can check your warehouse inventory left, you can gain real-time access to your most demanded products. These processes make you mindful of your money and investment. This way, you can look to improve processes in a more budgeted way. Set budgets for dealers' requirements, gain more transparency at ground level with your inventory management software. Set constraints within all your services, and it will save you money, and you can manage the entire system at reduced costs.
Centralized planning helps you in increasing flexibility as a business. For dealers, it's essential to have a system that has everything in place from the start. This means a repeated system doesn't need many changes from time to time. Let's be honest: no one can create systems and look over the entire business simultaneously. A DMS does provide multi-user access that not only saves your time, but its multi-user access feature removes all the hurdles for your new employees or staff. Now anyone can check your customer's data, edit, and make the desired changes without any delay. It helps your organization to save time and use it on different strategies
Dealer management system possesses an easy-to-use and user-friendly interface. Well, this makes it more efficient in handling or managing data. Managing a database is a great headache, especially when it comes to the automotive industry. A DMS system covers all the dealership functions and processes such as CRM or vehicle sales, parts management. It helps you automate, maintain data and has a backup application that allows you to fetch data in times of emergency. It's not about investing in expensive technologies; sometimes, it's about investing in the right set of tools that can improve your employees' productivity and manage data effectively.
Before using DMS, it's good to understand and evaluate the security aspect of the dealership management system. It is easy to undervalue the power of the data that dealer management systems hold. Every deal you make is documented with all its financial details and is stored in one of the systems for future references. It stores all your sensitive documents under legal statements or at legal places. Also, few third-party vendors use methods like data encryption and security best practices to lock all your information and customers' data at one point without any worry
One of the main benefits of dealer management system is the automation part, where everything is taken care of by itself. From the GST filing, accounting to every risk of tax evasion, every process becomes hassle-free. It helps you in the reconciliation of reports and record generation. Since so many business people still have issues with handling GST implementation processes. A good dealer management system or dealer management solution ensures easy transaction processes and provides an excellent experience while filing GST returns
Having top-notch security does works, but a long-term data protection system relieves you from any and every kind of problem in the near future. A dealer management system stores consistent data. It keeps it intact without any loss, corruption, or degradation of data. This makes it easy to retrieve data anytime you want. Also, your data is constantly optimized and updated as your business and client base grows.
First and foremost, always look for extensive functionality options before you buy your first dealership management system. A dealer management solution should be a complete package that should include features like an integrated sales diary, combined dealership websites, and other online marketing tools that you can use to control and monitor processes. Always rely on the quality and features, even if it's at a reasonable price. It's an investment that will save your business's future. Searching for the best dealer management can be a task, but you can start here and look for good vendors. Always choose a DMS that suits your needs.
This one is big. Good training is the most crucial thing to look at whenever you integrate dealer management systems into your business processes. Even if you feel you're an expert at your business, it's still good to look for training and experience to escalate your operations. It can get a little hectic when you have new employees to understand and manage all the processes. That's where a good training setup comes in place. You can transfer years of experience within lightspeed. So look for dealer management solution that are maxing out training plans.
In the end, all you need is a good return on a great investment. A good dealer management system can save your time, improve productivity and give you insights that are needed to push your business forward. Suppose a vendor can offer you a deal with less frustration and issues like efficiency or network issues. Then seal that deal. Dealer management solution should ultimately free up your and your employee's time so that you can focus on productive tasks.
Since systems need to be seamlessly integrated if you're using any new accounting software like QuickBooks or so, always look for a dealership management solution that can manage all your accounting needs and help you curate the same in less time. With that in mind, here's are few things a good dealer management system should be able to perform
The key to increasing productivity is streamlining all your management processes. It removes the need of 3rd party systems. Since everything is now stored in one centralized system, it streamlines your entire business. It also reduces duplication issues, prevents inaccuracy, and allows the business to run in sync. A fully integrated business will benefit your entire team and also result in holistic development.
Dealerships are your touch points with the end-customer. In today’s world, when businesses are laying utmost focus on customer satisfaction, it becomes imperative for manufacturing units across industries to support their dealers in helping them drive customer delight.
After all, it is not only about dealership profits, but increasing customer loyalty for your brand!
mobivue dealer management system brings you a unified platform for managing your dealerships and their requirements across geographies, and time zones. Right from planning demand of your products and accessories across different locations, you can optimize your inventory planning processes to avoid overstocking and ensure timely availability of products to your customers.
Accurately plan demand of products and accessories across dealerships and get rid of unwanted inventory stocking
Have your eyes on all your inventory, always
Enjoy effective and timely communication with your dealers, streamline processes and witness surge in efficiencies
Delight your customers by maintaining timely availability of products and accessories, thereby increasing their loyalty
Dealer Management System is tailored to sync your products/spare parts from your warehouse to the dealership. This makes every process transparent since now you have 100% traceability compliance. it minimizes manual labor or human errors and optimizes every process for success.
As discussed earlier, seamless integration is the best measurement for a good database management system. Collecting all the vital data and validating the same saves a huge chunk of time for your business. You can use accounts integrated software and other security options to keep your data and analytics safe and secure.
You can easily edit, watch, and monitor real-time data inputs on sale orders, material movement, invoices, and quality checks with real-time visibility. Now you have complete power over all your track reports and analytics, you can use them effectively for future campaigns or supply chain processes.
Now you understand the entire scenario of the Automotive Dealer Management landscape. Let's explore some future opportunities also in the same field. The growing demand for good inventory systems, better management, and enhanced customer relationship management (CRM) gives rise to a new wave of dealer management technologies. In the future, technology is going to get more diversified and advanced. In addition to technological evolution in dealer management systems, it's going to double down on including data analytics and marketing tools for effective results in the automotive industry. These changes are going to benefit the automotive industry differently.
The dealer management system is an asset when it comes to simplifying and streamlining all your automotive processes. It's a great option that modernizes your operations, helps your business to achieve your most ambitious plans and goals. Improve your productivity with this easy-to-use software and even out all your operations.
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With mobivue WMS we were able to see visible reduction in operational costs. We can now completely track and trace all items in the RM warehouse which helps us efficiently manage resources within the warehouses. In addition, with mobivue WMS’ seamless integration with our ERP, we have complete control of all transaction and inventory data in real-time.
mobivue WMS has been instrumental in turning around our kitting operations by introducing complete traceability of inventory and throughput in picking, staging and put away processes. We’ve been able to generate a huge improvement in process efficiency resulting in saving time, money and resources. Federal-Mogul is focused on delivering error-free products from our plant to the customer with zero ppm. With mobivue WMS in picture, our inventory accuracy is now close to 100% and we are successfully managing more than 5000 different SKUs.
In our journey of automating our manufacturing process in adherence with FDA compliances with respect to various guidelines of 21 CFR Part 11, MHRA and EU Annex11, we have chosen BCI as our partner for integrating solution with our ERP for tracking and controlling inventory movement during production process. This solution has helped our manufacturing team in improving productivity and compliance in terms of doing away with manual process of recording, tracking and ensuring right material goes in right area.
mobivue-WMS has been instrumental in delivering efficiency of scale across all our warehouses in India. Their barcode-based serialization on every item allows us to easily track and trace all items in the supply chain. It seamlessly integrates with our existing SAP allowing access to valid data in real-time. Thanks to mobivue -WMS, we have better visibility of our inventory, enhanced process control with minimum human intervention.
Blue Star Ltd. has been associated with BCI for almost 15 years and the journey together has been very satisfying. We have been guided through technology and automation changes and we are glad to have a partner with so much experience and expertise with us.
We appreciate BCI's ability to provide Innovative solutions for our requirement of Product traceability & automated data capture for various WIP stages at our various Business divisions. BCI’s team has good domain knowledge & were able to provide stable solutions within defined project timelines.
BCI has had more than a decade long relationship with Shoppers Stop retail group. BCI has ably supported our mobility and printing needs for inventory data collection across our stores and warehouses. They have been a stable partner to cater to our needs and we are very happy with the services provided.
It has been a privilege for us to partner with BCI for our Mobility Technology needs. With great attention to detail they are careful to ensure every element lives up to the highest standards. From event conception to execution, BCI will go above and beyond for you and your organisation.
Tracking suppliers vehicle movement in our plants was a big challenge. With the RFID based TAT System, designed, implemented & efficiently supported by BCI, we are now able to see where the suppliers vehicles are, with a higher level of efficiency than ever before. The solution has provided necessary boost to our supply chain operations and has also given us a valuable edge in today’s competitive market.
BCI had been engaged with Carrefour Asia even before the start of operations in India. They were one of Carrefour India’s valued and trusted partners. BCI worked as a team and delivered several innovative and extremely useful software applications. BCI’s team was highly proactive and delivered beyond expectations.
BCI has been instrumental in the successful deployment of RFID-based item-level intelligence solution in our warehouses. We are able to ensure 100% dispatch validation of our products now, thereby enabling visibility of right stock to our users and improving the stock accuracy at warehouse.