3 minute read
Order Allocation with Adobe Commerce and Epicor P21
As a retailer, order allocation is a critical aspect of your business. It has a direct impact on inventory management and customer satisfaction. With the growing popularity of eCommerce and the integration of technology with supply chain management, optimizing order allocation to ensure efficient and cost-effective distribution has become crucial. In this blog, we discuss several effective strategies that retailers can use to streamline their order allocation process using two leading software solutions: Adobe Commerce and Epicor P21.
1. Integrate Adobe Commerce and Epicor P21: One of the most effective strategies for optimal order allocation is the integration of Adobe Commerce and Epicor P21. Adobe Commerce is a comprehensive eCommerce platform that helps retailers manage their online sales and inventory. On the other hand, Epicor P21 is an enterprise resource planning (ERP) software that helps with order fulfillment, inventory management, and financial management. By integrating these two systems, retailers can access real-time inventory data and optimize order allocation.
2. Implement a demand planning tool: Demand planning is the process of forecasting customer demand for products. By implementing a demand planning tool, retailers can analyze historical data, market trends, and seasonality to accurately forecast future demand. With Epicor P21’s built-in demand planning module and Adobe Commerce’s integration with third-party demand planning tools, retailers can optimize order allocation and ensure that the right products are in stock when needed.
3. Use automated order routing: Automated order routing is a feature in Epicor P21 that automatically assigns orders to the most appropriate warehouse or distribution center based on factors such as inventory levels, shipping costs, and lead times. Using this feature, retailers can reduce order processing time and minimize shipping costs.
4. Leverage real-time inventory data: One of the biggest challenges in order allocation is ensuring that the products you want are in stock. Integrating real-time inventory data from Epicor P21 and Adobe Commerce with inventory management systems can help retailers track inventory levels and avoid backorders or out-of-stocks.
5. Implement an omnichannel fulfillment strategy: As omnichannel retailing continues to evolve, it’s become critical for retailers to implement an omnichannel fulfillment strategy. By leveraging the advanced order management capabilities of Adobe Commerce and the comprehensive inventory management of Epicor P21, retailers can efficiently fulfill orders from multiple channels, including online marketplaces and brick-and-mortar stores.