3 minute read
Epicor P21: Supporting Global Sourcing for Business Success
In today’s global economy, companies increasingly rely on global sourcing to remain competitive. As a result, the need for efficient and effective management of global purchasing processes has become crucial. In this scenario, Epicor P21 stands out as a leading solution that addresses the unique needs of companies using global resources.
Epicor P21 is ERP (Enterprise Resource Planning) software designed specifically for manufacturers, distributors, and service providers. It provides comprehensive global procurement support by streamlining various business activities such as purchasing, inventory management, and supply chain management.
One of the key features of Epicor P21 is its advanced purchasing capabilities. The software allows companies to easily manage and monitor the purchasing process, from selecting a supplier to assessing its performance. It also enables centralized purchasing, ensuring consistency in purchasing and sourcing decisions across geographic regions. These capabilities help companies effectively manage the complexity of global sourcing and make informed decisions to optimize costs and reduce risk.
Additionally, Epicor P21’s inventory management feature supports companies with global sourcing by providing real-time visibility into inventory levels and locations across multiple warehouses, even in different countries. This enables better planning and forecasting, helping companies meet the changing supply and demand dynamics of their global operations.
Another important aspect of Epicor P21 is its supply chain management capabilities. Advanced track and trace capabilities enable companies to track shipments of raw materials and finished products abroad, providing greater visibility and control of their international supply chains. Additionally, the software’s multi-currency and language features make it easier to manage and track international transactions.
Moreover, Epicor P21’s robust analytics and reporting tools provide valuable insight into the performance of global procurement operations. Companies can use this data to identify trends and patterns, monitor supplier performance, identify areas for improvement, and make informed decisions, ultimately leading to increased efficiency and cost savings.
Overall, Epicor P21 supports the unique needs of global sourcing companies by providing a comprehensive solution to streamline procurement, inventory management, and supply chain processes. With advanced features, the software enables companies to effectively manage the complexities of global sourcing and make informed decisions to stay ahead in today’s competitive global marketplace.