YMS Mobitech Pvt. Ltd., a tech-based distribution start-up which started its journey 16 months back, is poised to disrupt the distribution landscape in India through its pioneering e-distribution platform. The YMS e-distribution network of 11,000 retailers and 350 distributors across 364 cities is India's largest app-based distribution ecosystem, guaranteeing on-demand sales with zero dead stock and zero loss of business opportunity. The mobile keep a track of all the tasks & reports via the YMS Mobile App and a web dashboard.
The company, which has a tie-up with LeEco Mobiles as National Distributor (West Zone) for end-to-end sale of the mobile brand in India, is eyeing tie-ups with 3-4 smartphone brands by March 2017.
"We at YMS Mobitech are excited to offer India's biggest technology-driven ecosystem in distribution. Our efficient YMS e-distribution system gives partners a unique ability to sell even products which are considered niche for Indian market. Our retailers can make on-demand sales of our services as well as the physical products via the app. We're also very happy that the rapidly growing mobile brand, LeEco Mobiles has placed their trust in our new technology and look forward to helping them as well as other mobile brands reach further milestones in their India journey through our new technology", said Ajay Laddha, Co-Founder, YMS Mobitech.
It has an in-built analytics where distributors transfer the inventory via the YMS platform and track the status real time. Distributors can also transfer wallet balance to retailers by the click of a button and retailers use the same to sell any product. The platform also helps maintain an optimum inventory level at all the retail outlets, thus minimizing two major problems associated with all retail distribution systems, loss of business opportunity and dead stock.
Anish Kapoor, VP-Sales, Mobile Business, LeEco India said, "LeEco is globally known for bringing in breakthrough technologies to users at disruptive pricing. Our partnership with YMS Mobitech reinforces this philosophy of ours. We're thrilled to have them on board and through this partnership we are looking at providing more efficient services to our customers. Since our India launch, we've seen an incredible response from users and this association is a step ahead in making our Super products more accessible to our users."
The YMS e-Distribution Ecosystem:
All retailers, distributors and sales team operate via YMS app
Distributor can transfer wallet balance to retailers by a click of a button and retailers can use the same to sell any product
Distributor can check outstanding amount of any retailer and enter details of payment collected
Distributors transfer inventory via YMS platform and track the status real time
Retailers can sell any product from their app and view transaction details
Channel partners get SMS and email for all transactions and notifications
Distributors can check real time reports of sales done in their channel
YMS Mobitech also creates financial products for the electronics industry, under its brand Apps You Need, and uses its technology-driven platform to sell and monitor these products. Few months ago, it also launched an accessories and IoT brand CULT.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)