Enhance brand compliance and sales:
Effective sales play an important role in promoting FMCG products and maintaining brand compliance. Field Force Automation gives sales teams digital tools to run charts, monitor shelf space, and ensure consistent brand representation across stores. With FFA, field reps can collect real-time data on shelf conditions, inventory levels, and competitor activity. This data helps identify vulnerabilities and opportunities, allowing quick remedial actions to be taken to ensure optimal product placement, attractive display, and availability of promotional materials. By maintaining brand compliance and implementing effective sales strategies, FMCG companies can increase product visibility, customer engagement, and ultimately sales.
Efficient inventory management:
Accurate and efficient inventory management is crucial in the FMCG industry to meet customer demand, avoid out-of-stock and optimize inventory levels. Field Force Automation makes it easy to track and manage inventory in real-time, allowing field reps to update stock levels, import returns and exchanges, and place restocking orders in the field . This ensures that the sales force has accurate information about product availability and can respond to customer orders quickly. FFA also provides information on product performance and demand patterns, allowing for better inventory planning and reducing the risk of overstocking or being out of stock. Efficient inventory management with FFA improves customer satisfaction, reduces inventory costs, and streamlines supply chain operations.
Improved data visibility and analysis:
Field Force Automation generates a wealth of data that can provide valuable insights for FMCG companies. FFA platforms collect data on customer interactions, sales transactions, market trends, and competitor activity. This data is then processed and presented in the form of visual dashboards and reports, allowing managers to have an overall view of field activity and make data-driven decisions. With advanced analytics capabilities, FMCG companies can analyze sales trends, identify growth opportunities, and optimize sales strategies. They can also monitor reps' performance in the field, identify training needs, and provide targeted coaching. By leveraging data visibility and analytics, FMCG companies can drive continuous improvement and achieve better business results.
Field Force Automation has become an essential tool for FMCG businesses, delivering numerous positive impacts on sales performance, sales, inventory management, and data visibility. By adopting FMCG Company ERP Dubai companies can empower their field teams with real-time insights, improve sales productivity, ensure brand compliance, optimize Inventory levels and make data-driven decisions.
Field force automation is the integration of software that enhances business productivity by automating many business processes.
Field force automation is targeted at decreasing the burden on human sales representatives and managers or business owner, and increasing productivity and profit.
Field force automation apps help organizations reduce their average call response time by reducing the number of calls handled during normal business hours and increasing the average number of sales per day.
The reduction in call handling time can be significant in organizations, where each representative spends up to an hour on calls discussing work-related things.Field force automation app also improves customer service by removing or minimizing the human error that is a major cause of missed opportunities while recording new leads and generating qualified leads at higher levels.
Field force automation apps provides valuable analytical data that enables the organization to identify potential representatives, measure appropriate marketing cost, and track results over time.Another way that Field force automation apps helps improve performance is through improved pipeline management.
Because of this, there is room for improvement in the utilization of pipeline capacity and potential revenue.
According to a new market research report "Field Force Automation Market by Component (Solution and Services), Organization Size, Deployment Type, Industry (IT and Telecom, Energy and Utilities, Manufacturing, and Transportation and Logistics), and Region - Global Forecast to 2024", published by MarketsandMarkets, the Field Force Automation Market size is expected to grow from USD 1.2 billion in 2019 to USD 2.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 18.2% during the forecast period.The key factors driving the Field Force Automation Market include rising demand for robust solutions for maximizing the efficiency of field forces in real-time and growing adoption of cloud-based enterprise mobility solutions.Browse and in-depth TOC on “Field Force Automation Market” 108 - Tables32 - Figures 153 - Pages Request PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=42417459Large enterprises segment to hold the largest market size during the forecast periodWith increasing push towards adopting newer technologies, companies across the world are implementing field force automation solutions to optimize field service delivery, improve workforce productivity, increase profit margins, improve RoI, and service revenues.
Services enable companies to choose the right set of solutions as well as deploy solutions correctly and operate them without hassle.Speak to Our Expert Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=42417459North America to account for the largest market size during the forecast periodMany companies in North America are adopting field force automation to integrate it with their existing IT infrastructure and improve their field operations and field crew productivity.
North America houses some of the significant field force automation vendors, such as Accruent, Acumatica, Folio3, ServiceMax, Mize, VisitBasis, Salesforce, Intueri, Inc., ClickSoftware, Oracle, Microsoft, Trimble, and Astea.
These players have their headquarters, direct sales offices, and a large number of channel partners in the region to cater North American companies., which has further added to the high adoption of field force automation solutions in North America.The Field Force Automation Market comprises significant solution providers, such as ServiceMax (US), IFS (Sweden), Microsoft (US), SAP (Germany), Oracle (US), Trimble (US), ClickSoftware (US), Salesforce (US), Astea (US), FieldEZ (India), BT, Accruent (US), Acumatica (US), Folio3 (US), LeadSquared (India), Kloudq (India), Appobile Labs (India), Mize (US), Nimap Infotech (India), and Channelplay (India).
The study includes the in-depth competitive analysis of these key players in the Field Force Automation Market with their company profiles, recent developments, and key market strategies.Browse Complete Report @ https://www.marketsandmarkets.com/Market-Reports/field-force-automation-market-42417459.html About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.
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Global Field Force Automation Market Research Report: By Component (Solution, Services), By Deployment (On-Premise, Cloud), By Organization Size (SME, Large Enterprise), Industry Vertical (IT and Telecommunication, Manufacturing, Healthcare, Transportation and Logistics, Energy & Utilities, Others), By Region (North America, Europe, Asia-Pacific, South America, Middle East & Africa) - Forecast till 2025OverviewGlobal Field Force Automation Market is expected to reach USD 3.05 Billion by 2025, registering a CAGR of 15.2% during the forecast period 2019–2025.
In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the market in the coming years.Growing demand to maximize the efficiency of field forces and the growing adoption of cloud-based solutions is driving the global field force automation market.
The operation of the workforce in widespread areas creates a number of challenges for enterprises in relation to workforce execution, data management, and communication.
For instance, field service management focuses exclusively on scheduling and dispatching, working with drivers route to customer locations, and documenting specific customer needs on-site.The field force automation market is fragmented with a number of large and mid-size players offering solutions to the end-user.
These providers spend a significant amount in research and development in order to understand user requirements so that they can develop and update features in their software solution.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/8686Segmental AnalysisThe Global Field Force Automation Market has been segmented on the basis of Component, Deployment Organization Size, Vertical, and Region.Based on component, the field force automation market has been segmented into solution and service.
The service segment is expected to grow at the higher CAGR during the forecast period.Based on deployment, the market has been segmented into cloud-based and on-premise.
