3 minute read
Epicor + Shopify: Unlocking Sales Data for Effective Demand Forecasting
With the increasing number of online shoppers, businesses are constantly looking for ways to optimize their online sales and stay ahead of the competition.
One effective way to do this is by forecasting demand using Shopify sales data in Epicor.
Shopify is one of the most popular ecommerce platforms that businesses use to create and manage their online stores. It offers a wide range of features and integrations that make it easy to sell products and manage orders.
Epicor is a leading enterprise resource planning (ERP) system that helps businesses optimize their operations and manage various aspects of their business, including sales and inventory.
By using Shopify sales data, businesses can gain valuable insights into their customers’ buying behavior, popular products, and sales trends. This data can then be used in Epicor for demand forecasting, which predicts future demand for products based on historical data and other factors.
Accuracy
One of the key benefits of using Shopify sales data for demand forecasting in Epicor is accuracy. Because data comes directly from sales from the company’s online store, it provides a more accurate picture of product demand. This allows businesses to make more informed decisions when it comes to inventory management, purchasing, and production planning.
Analyzing Data
Using Shopify sales data for demand forecasting in Epicor also helps businesses stay ahead of customer demand. By analyzing data, businesses can identify trends or patterns in customer behavior, allowing them to anticipate and meet their needs earlier than their competitors. This not only results in greater customer satisfaction, but also creates a positive reputation for the business.
Real-Time Updates
Additionally, the Shopify and Epicor integration allows for real-time updates to sales data, giving businesses the most up-to-date information. This helps businesses quickly adjust and adapt their forecasting strategies in response to any changes in the market or customer demand.
In short, using Shopify sales data for demand forecasting in Epicor is a powerful tool that can help businesses optimize their online sales and stay ahead of the competition. By accurately predicting future demand and staying on top of customer trends, businesses can streamline operations, increase efficiency, and ultimately generate more revenue.
So if you’re looking to take your ecommerce business to the next level, consider using Shopify sales data in Epicor to improve demand forecasting.