3 minute read
Epicor P21: Boosting B2B Inventory Consignment Programs
In today’s dynamic business world, inventory management is crucial to the success of any company, especially in the B2B sector. Companies are constantly looking for ways to streamline warehouse processes, reduce costs and improve supply chain efficiency. An effective way to achieve these goals is to implement a shipping program. When it comes to B2B inventory shipping programs, the Epicor P21 is a game changer.
Epicor P21 is ERP (Enterprise Resource Planning) software designed specifically for the distribution sector. It provides a comprehensive solution for managing all aspects of business operations, including inventory management. The software’s robust features and capabilities make it an ideal choice for companies looking to optimize their inventory processes, including B2B shipping programs.
How does Epicor P21 support B2B inventory shipping programs?
Above all, Epicor P21 provides real-time visibility into inventory levels, enabling companies to make data-driven decisions. This feature is essential for shipping programs where inventory levels can change quickly. With accurate and up-to-date data, companies can proactively manage their shipment inventory and ensure they have enough product to meet customer demand.
Additionally, Epicor P21 comes with advanced inventory management tools that enable businesses to track and monitor incoming inventory. The software offers multiple costing methods, enabling companies to determine the most accurate cost estimate for their shipping products. It also offers inventory obsolescence capabilities, enabling companies to identify and manage slow-moving consignment inventory so it doesn’t become obsolete.
Epicor P21 also streamlines the shipment invoicing process. The software allows companies to set specific billing policies for shipping products, such as billing customers based on consumption or predetermined time slots. It also enables automatic billing, reducing the risk of errors and saving valuable time.
One of the key benefits of Epicor P21 for B2B shipping programs is its integration capabilities. The software easily integrates with other systems such as customer relationship management (CRM) and eCommerce platforms, creating a seamless flow of data across all channels. This integration gives companies complete visibility into their inventory, including shipped products, and enables better decision-making.
In short, Epicor P21 is a powerful ERP solution for B2B shipping programs. With robust features, real-time visibility, advanced inventory management tools and integration capabilities, the software enables companies to optimize inventory processes and reduce costs.