VISCO is a fully integrated software solution designed for small to mid-sized importers and distributors. The areas that will see the most immediate impact include:
Sales Benefits
The entire sales team will immediately recognize the benefits of this software.
Real-time access to order history
Real-time access to customer order status
Real-time access to inventory availability (including inventory “at source” and “in transit”)
Samples Tracking
Quoting
Sourcing Tracking (Quotes from Suppliers)
Manage the process of handling samples and RFQ’s from customers which you can use to generate sourcing requests from overseas suppliers. Then use a price estimator tool to compare supplier offers (including various other costs like ocean freight, insurance, customs inspections, etc.). Then generate a quote to go out to customers.
This system follows the entire sales process. It allows the user to enter a sales order, with all the details about an order that are necessary for any customer. Sales associates can also receive real-time information on shipment and inventory status to make the appropriate sales decisions while right on the phone with customers.
Financial Benefits
For the financial department of your company, the system has given extra attention to financial analysis.
Profitability Analysis at the transaction level
Landed Costs Calculation
Crystal Reports for custom report generation
Integration with existing accounting system or QuickBooks
Accrual based costing
Export to Microsoft Excel
VISCO Software for Importers is a financial projection tool as much as it is an inventory management tool. This is one of the only systems that will calculate your net profit on an order as soon as it is entered. The system comes standard with accrual based costing for product and duty costs for each shipment (Venture). Hence, these costs reflect the total landed cost for that shipment.
All sales associated with a shipment are also reflected on the shipment/load. This enables the financial manager to assess gross profit for each Venture at a glance.
Logistics Benefits
“What he did know was the exact quantities of specific chemicals the company was holding in the warehouse, plus the contents of the just-arrived container.“
As Importers know, the tracking required to move their good from one end of the supply chain to another, can be terrifically extensive and complicated. But can your supply chain managers imagine the time this package affords them if they can identify a certain individual container at its exact location at any given moment?
Automated Document Generation
US Customs Documentation Preparation - (learn more about VISCO's involvement in C-TPAT)
Shipment level/ Lot level/ Unit level tracking
Track ”in transit“ inventory
Manage Container information to gain visibility into inventory including overseas, on the water and in the warehouse. Receive real time data from shipping lines, or have your sourcing agents provide you with shipping information via the web.
Allow the system to alert you to potential problems like late shipments or inventory running low
Using the VISCO interface you can direct file customs entries with our partner TRG Direct at a cost of $30/entry
The system also tracks every cost associated with the supply chain. Therefore, if your SCM or Logistics Manager needs instant information about costing or is interested in restructuring a part of their cost structure, the system can and will easily point out the areas where costs can be reduced.
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