Topics In Demand
Notification
New

No notification found.

Blog
Why DMS Software is still the game changer in tyre-industry?

March 28, 2018

552

0


Listen to this article



 

Tyre industry is today’s one of the leading industries all over the world. However, like all other industries, it is facing a plethora of challenges in the current fierce competition of the ever-growing marketplace. Changing economic conditions and intense business competition coupled with fluctuations in the automotive industry are the major obstacles that need to be overcome by today’s tyre manufacturers. Besides this, highly efficient logistics and real-time inventory management are imperative for cost optimization which is today’s global mantra. Today’s highly advanced Dealer Management System (DMS) serves solutions to all these challenges and help the tyre producers maximize profit and customer satisfaction.

Significant Role of today’s DMS

  • Manages Demand and supply volatility

In the present, highly volatile market, it is imperative to have complete control over the demand and supply of the supply chain elements right from the raw materials to the finished product. The correct estimate that matches closely with actual is the key to success. DMS for tyre industry facilitates accurate demand planning that aids the manufacturers to produce and supply the required quantity.

  • Distribution Network Management

The tyre management system software takes care of complex multi-brand, sales and distribution networks which is one of the most significant obstacles faced today.

  • Real-Time Inventory management

In the present day, time is of the immense essence! It can make or break the business opportunities. Thus, there is an immediate requirement of the data post its generation.  Along with the spare part management software, advancement in Information Technology have provided access to real-time inventory data at the fingertips. This information helps the manufacturers and distributors to optimize stock on hand which prevents out-of-stock scenario. At the same time, it avoids unnecessary cost of inventory by keeping just the right quantity on hand.

  • Cost Effectiveness

The ultimate aim of any business is maximizing the profit. This service business software efficiently manages all the post-manufacturing processes including sales and service with optimized internal costs and efficient logistics, providing high cost-effectiveness and capitalizes the profit.

  • Digitization of DMS

Earlier days, in addition to the traditional DMS, many dealers required a range of software to take care of various aspects of their business. It included a separate CRM system and also software to submit the deals to lenders apart from managing the website and online marketing. Today’s tyre industry solutions operate the entire business of the dealer with a single platform by integrating these versatile but interrelated processes and data into a centralized repository. It results in better management and efficiency clocking more deals.

Summary:The dealership management system facilitates multifold benefits to today’s tyre manufacturers and dealers by aiding them in the complete supply chain cycle. Today, it is undoubtedly a game changer for this industry.

 


That the contents of third-party articles/blogs published here on the website, and the interpretation of all information in the article/blogs such as data, maps, numbers, opinions etc. displayed in the article/blogs and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party article/blogs published, are provided solely as convenience; and the presence of these articles/blogs should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these articles/blogs , you do so at your own risk.


© Copyright nasscom. All Rights Reserved.