If you operate in the B2B (business-to-business) industry, you are well aware of the challenges associated with product obsolescence. As product life cycles shorten and technology evolves at a rapid pace, it is extremely important for companies to have an effective system in place to prevent product obsolescence. This is where Epicor P21 comes into play.

Epicor P21 is an innovative ERP (Enterprise Resource Planning) solution designed specifically for the wholesale sector. One of its key features is the ability to solve the problem of obsolescence of B2B solutions. Let’s take a closer look at how Epicor P21 solves this problem and helps businesses stay on top.

First of all, Epicor P21 enables real-time inventory management. This means that companies have access to accurate and up-to-date inventory data, so they can monitor the movements and levels of their products at any time. With clear visibility into their inventory, companies can identify obsolete products and take action before they become a liability.

Another way Epicor P21 addresses the problem of B2B obsolescence is through forecasting features. The system uses historical data and trends to accurately predict future demand, enabling companies to make informed decisions about inventory levels. By understanding which products are selling and which are likely to become obsolete, companies can adjust their inventory and purchasing methods accordingly.

Epicor P21 also offers advanced reporting and analysis tools. This allows companies to track the performance of their products and identify potential obsolescence risks. With real-time data and custom reporting, companies can proactively manage their inventory and make necessary adjustments in a timely manner.

Additionally, Epicor P21 has integrated sales and purchasing modules, so companies can easily track their sales and purchase orders in one system. This enables better collaboration between departments and allows companies to respond quickly to changes in demand or supplier issues, further reducing the risk of obsolescence.

On top of these features, Epicor P21 also offers advanced customer relationship management (CRM) features. This allows companies to stay in touch with their customers and understand their needs, allowing them to adjust their inventory and product offerings accordingly.

In summary, Epicor P21 offers a comprehensive B2B legacy product management solution. With real-time inventory management, forecasting, reporting and analytics, and CRM features, companies can stay ahead of the competition and minimize the risk of product obsolescence. So if you’re in the wholesale industry and struggling with obsolescence, consider implementing Epicor P21.