Publications Industry
Different aspects of the printing & publication industry are publishing, package printing, promotional printing, graphics designing and many more depending on the size of the organization and scale of serving customers.
In Australia itself there are more than four thousand printing businesses. The market size based on the revenue is more than $ 2.5 Billion for Australia including the states like NSW, Victoria, Queensland and others.
Challenges with Publication Companies
Publishing industry faces many challenges like meeting customer’s demands, catching up with the latest technology, skills shortage, maintenance of quality of products, warehousing and storage issues for the printed material, protection of printed material from climatic conditions etc.
A unified application is needed to manage all the departments of the publishing industry such as Quality control, demand planning, replenishment of goods, order placement, order tracking, cash flow forecasting and last but not the least Financial management.
Top challenges of the publication & Printing Industries summarized as below:
- Management of Inventory
- Storage / Warehousing of Items
- Distribution channel management
- Return of goods from retailers
- Invoicing to customers based on the consumption.
Solutions
We have implemented Microsoft Dynamics Business Central at one of the leading publishers in New South Wales (NSW). The client was facing several challenges like how to handle the returned items and their invoicing. This was resolved by step wise shipment and invoicing as offered in Microsoft Dynamics Business Central.
Another problem as was faced by the customer was how to manage the distributors and merchandisers with regards to the stock they have taken for selling. SAN Dynamics Technova Pvt. Ltd. provided the solution for management of distributors and merchandisers. The commission paid to the distributors was handled by creating commission ledger.
Incentives of Salespersons is also handled within Microsoft Dynamics Business Central. The ease of doing business is clearly visible to the customer as their process handling have become more efficient now.