Others

How to manage supply and distribution

Company’s success depends on the satisfaction of the customers. Customers are satisfied only when the company distributes its products and services on time. It is a challenging task to manage supply and distribution. Delays can lead to loss of name and fame. It is always better to deliver products before the due date, rather than after the due date. Distribution is also related to cost, so it’s very important to monitor it carefully and have proper distribution management.

Q. Aren’t you delivering products at the right time?
Q. Are there any difficulties in supply and distribution management?

Here are some tips to manage supply and distribution:

Identify your target market

Identify the target area. Make a note of the places of your customers. Check if your customers are in the same city / country or are they in a different country. Organize them into local and global customers. Also check for the product requirement. Are there more requirements from global customers or is it with the local customers. More global customers, more distribution channels or mediums are required.

Distribution Head

Appoint an efficient and responsible person as the distribution head. He/she should coordinate the entire work of supply and distribution. Do the networking well. Maintain a good list of courier services and other channels of distribution. Research about the prices and time required for distributing your materials. Look for channels with lesser price, but also look for quality of the work. The distribution head is responsible for all the distribution; related issues should be sorted out by him/her. He/she should constantly track the process of supply and distribution. Contact the distribution channel regularly, to know the current status. Also, contact the customer after the product has been delivered.

Providing the right details

Provide the right names and addresses to your distribution mediums. Take down the correct address. Reconfirm the details again to avoid delays and confusion. Ask your customers to mail or text details for clarity. Maintain the list of names, address and contact numbers to get back to your customers. Mail, text or write clearly the details to your distribution agent too. Write in capitals to avoid confusion. Mention the pin code or area codes to facilitate easy distribution.

Strict terms and conditions

Follow a strict pattern of terms and conditions towards the distribution channel. Reduce the payment of the distribution channel in case of delays in delivery. Apply fines accordingly. In case of product damage, charges should be compensated for other delivery charges. If damaged products are delivered to your customers, give them gifts to regain confidence. Make calls to apologize to your customers in matters of delay.

Entrepreneurial Learning

Supply and distribution are two essential elements to any business. Delays in supply can disappoint your customers. Never compromise on these two elements. Appoint responsible people to take care of supply and distribution. Regularly follow up to track the progress. Work out in advance with the courier services so that it costs lesser.

Leave a Comment

Your email address will not be published.

You may also like

Growing a Business

Want Great Guidance ? Find yourself a Super Mentor

post-image

They are the gods of small businesses, those inspired individuals who have achieved the highest levels of success. They can be the shining beacons who light up the path of running your business with their vision, wisdom and wealth of resources and contacts. They are The Mentors.

If you are fired with the passion to take your business to great heights, the best thing to do is find yourself a super mentor. Here are some tips to help in your quest

Pinpoint your Need

Sit down and focus your thoughts on your business growth strategy. Which area of the business needs a lift. Is is staffing, is it the finances, is it the production, is it the your lack of customers or is it the business as a whole that needs a makeover. Once you’ve zoomed in on the sore spot, this is where you need…

Read More
Growing a Business

Dreaming Big? You can Move Mountains with these Business Productivty Tips

post-image

You may be full of admiration for some people who seem to manage themselves and their work so usefully and efficiently. They seem to fit in so much productive work into the same number of hours which everyone has.. Let’s look what makes them tick and take a few tips.

Learn to identify your most productive hours

Its true, most productive people know which time of the day they can be most creative and efficient. They identify and allot these hours for the best part of their work. This way they are able to give their 100% awareness to the job and business productivity.

Early to rise- A winning habit

Waking up early is a personal habit that has all the plusses on its side. You need not necessarily go to work that early. It’s a habit that gives you more time for personal care, like mediation, exercise, walking,…

Read More
Growing a Business

Leadership Qualities that can make you an Icon

post-image

You may have reached the leadership position through sheer dedication to performance and a do or die attitude . Now that you are at the top, your viewpoint needs to change. You have to now be a role model, one whom others will look up to and follow. Here are some tips that can shape your leadership and management skills

Be Competent: Employees will look up to a leader who has good industry knowledge and management skills. If you do not possess these skills you should surround yourself with knowledgeable people who can offer good counsel. Competence is a trait all employees will admire.

Be Trustworthy: No one will look up to a person they cannot trust. Your employees will want to rely on you and count on you. In difficult situations, leaders are expected to apprise their employees of the situations and find solutions on how to address…

Read More
Raising Money

Are You offering Your Services Using the Right Pricing Strategies?

post-image

In these times of fierce competition, business people , mostly those that offer services and belong to the service based industry, are finding it a challenge to implement the right pricing strategies. It is virtually a struggle to set the right business price that will retain and attract the customers, and not drive them away. Follow these tips, the crucial dos and don’t s and you may be in a much better position to offer your services at the best price.

Maintain your Business identity and Dignity

If you are offering a unique or special product or service, don’t underrate it just because you want to build a better relationship with the customer. This will just cheapen your offering as another run of the mill. If its something special you are offering the customer, then communicate this fact to the client and get the equation right with the most…

Read More
Raising Money

What is a Fair Wage? How Do you Assess Fair Wage?

post-image

How do you figure out a fair wage?

This is a very common question for startups and small businesses. They can’t seem to decide or understand how to set wages and manage reputations at a time. They are determined to pay well but they also have to think about encouraging their employees to stay with them for a long time. This is why there is a need to think strategically.

Listed below are a few expert tips to help you decide:

Don’t Focus Only on Money

Money should never be the main focus for you or for your employees. You should decide on the wages in such a way that your employees are tied to your business. When your business does well they should be able to taste that success and vice versa.

Also, think about additional perks such as exclusive benefits and time off. Many employees value this more than the overall…

Read More
Raising Money

Tips to Winning Hard Negotiations With Ease

post-image

While some negotiations are easy, others are quite hard to win. If you stumble you will lose.

Whether it is a potential client or an investor, negotiations can be very tough and frustrating. The problem is that the moment you let your frustration overwhelm you, you will lose the deal and you will give in to whatever is being offered to you. In order to avoid that, here are tips to overcome tough times and to win even the hard negotiations:

Research!

Know your opponent as well as possible. This is the rule no matter what you do. You should understand your opponent to the T. Who the person is, what his culture is, what he thinks, what he stands for, how is his network, etc. are the questions you should ask yourself and answer through research before meeting up for the negotiation. Understanding the opponent will give you a great advantage.

Walking…

Read More