With growing commerce and booming real estate all around, the wood and wood products industry like plywood and laminates is facing a rise in demand and supply. Moreover, unlike older times, it is no longer limited to local areas. This calls for increasing their capabilities and adopting new technology and modern trading methods to meet the market needs.
Although the industry players are well aware of the challenges, they are unable to take corrective actions to improve the market conditions due to a lack of resources and awareness. A lot of factors dictate the industry that holds back the overall growth.
Weak Distribution Channel
The distribution network of the manufacturers and traders is highly unorganized. The network channel is vast, due to which it is difficult to monitor the to and fro transactions and supply, creating delays and insufficient supply, overstocking or unclear transactions. With the introduction of technology, it becomes easy to streamline the supply chain, link the distribution network, and communicate clearly.
Underdeveloped Market
Even though the demand is more, the trading operations are falling behind in using technology. Most of the work is still manual and prone to errors and irregularities with a shortage of workforce. Eventually, making the sector unorganized and leaving enough room for development.
Lack of Statistics
While the sector is struggling to keep up with the demands, there is no proper model to collect and make available measurable data of the market and industry. With the lack of data and organized information, it is difficult to create effective strategies for marketing, execution, and evaluation of results. At the same time, exporters find it challenging to explore Indian markets. Thus, missing out on opportunities by the locals. A technology-driven enterprise has the power of data insights to make better decisions and get results.
Raw material
Since the primary raw material for plywood and laminates is wood which is available in limited quantities. So, it becomes crucial to have enough stock available to meet the order.
Efficient Distribution
Make your distribution operations efficient with our comprehensive Supply Chain and Distribution tools. You can monitor your distributor activities, their stock and transactions. On the other hand, distributors too can send timely orders and track their bills through these tools. Thus, making the operations transparent and resolving any conflicts faster.
Monitor Stocks
Keep a check on the availability of the finished goods to fulfill current and upcoming orders using Supply Chain Management Tools. Manufacturers can also monitor the raw material stocks and predict future requirements. They can get the material at the right time and suitable costs. Thus, avoiding the effects of the unsteady market.
More Work at Less Cost
et more things done and save operational costs using our straightforward and holistic CRMs. Motivate your employees by minimizing their efforts and getting more output.
Manage Sales Workforce
Our Salesforce automation tools help you coordinate and monitor your sales team activities from anywhere. You can track the sales funnel and make faster decisions whenever needed.
Boost Sales
Many end-users rely on carpenter or dealer suggestions for the brand. With our Loyalty and Reward Tools, you can engage these end sellers to increase sales. Also, you can promote your offers and new products instantly.
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