Epicor for Distribution (Prophet 21)

Advanced Demand Forecasting Module

Advanced Demand Forecasting helps take the guesswork out of ordering the right amount of inventory by leveraging an intuitive system of industry-proven weighted averages, standard reports, graphical views, and user-defined formulas to identify the unique demand pattern of every item you stock. 

Consignment Module

Often, customers want their distributors to not only supply them with goods but manage them, as well. To that end, distributors now offer customers products on consignment, keeping their storerooms fully stocked, but only charging for those items used. Epicor provides the functionality you need to handle consignment contracts.

Distribution Requirements Planning Module

The software includes analytics to support purchasing stock now for long-term future requirements. Customer demand forecasts are generated out one year to determine future needs; purchase quantity is then based on need at the anticipated time of receipt of material. Future Stock Analysis Reports allow distributors to see the changing stock position of an item over the next year, to help in planning for these future needs.

Inventory Management Module

Multiple and dynamic inventory replenishment methods provide you with the flexibility to lower carrying costs, minimize excess or obsolete inventory, improve cash flow, and increase customer service levels. In addition, the solution captures information on inventory changes, allowing for accurate data when making purchasing decisions. Cycle counting features confirm inventory counts, and lot and serial number tracking enables you to track stock. 

Purchasing Module

Buyers can qualify the return on promotions or forward buys, allowing you to increase customer service levels in relation to costs and to focus your efforts on items that are earning you the highest profits. A variety of purchasing scenarios, including vendor substitutions, discontinued items, dropships, and specials, allow you to adjust your processes as your customers’ needs demand while controlling your costs.