How much money are you losing in Expedite Fees due to poor planning?

Optimize Your Ordering Process with Epicor Introduction: Avoiding Excessive Expedite Fees

Identifying the Problem:

Would you like to avoid extra expedite fees due to poor planning and ordering errors? These fees can quickly add up and significantly impact your company’s bottom line. In this blog post, we will explore how you can minimize expedite fees and streamline your ordering process using Epicor, a highly customizable tool. By implementing the right strategies and safeguards, you can avoid the financial loss associated with expedited shipping and improve overall efficiency.

Identifying the Root Cause:

One of the primary reasons for incurring expedited fees is human error, which leads to inaccurate inventory management. Often, parts are consumed but need to be adequately documented in the system, resulting in insufficient stock to fulfill customer orders. To address this issue, it is crucial to integrate more frequent cycle counting into your regular inventory management process. This will help you maintain accurate inventory levels and reduce the likelihood of unexpectedly running out of stock.

Predicting and Preventing Errors:

In addition to cycle counting, you can leverage Epicor’s customization capabilities to create a custom tool that tracks patterns of errors and their sources. This tool can provide insights into the estimated loss attributed to ordering errors by analyzing historical data. With this information, you can proactively identify areas for improvement, address the root causes, and reduce the occurrence of errors in the future.

Implementing Business Process Management (BPM):

To further enhance your ordering process, consider implementing a robust set of business rules through (BPMs) within Epicor. This can alert you to inventory mismatches and track trends, allowing you to identify the sources of errors more efficiently. By closely monitoring your ordering process, you can spot potential issues before they lead to expedite fees and take timely corrective actions.

Customizing Epicor for Your Company's Needs:

One of Epicor’s key advantages is its high level of customization. Tailoring Epicor to your company’s requirements can help you optimize your ordering process and minimize expedited fees. By working closely with an Epicor consultant, you can create personalized tools and features that address your business’s unique challenges. This level of customization enables you to track and trace errors in your ordering process, allowing you to mitigate them effectively.

Conclusion:

Excessive expedite fees resulting from poor planning and ordering errors are avoidable with the right strategies. With its robust customization capabilities, Epicor offers a powerful solution to optimize your ordering process and minimize financial losses. By implementing frequent cycle counting, creating custom tools to predict and prevent errors, and utilizing the BPM system, you can significantly reduce expedite fees and improve overall efficiency.

If you’d like to learn more about how Epicor customization can help optimize your company’s needs, you can click the contact button to schedule a free 30-minute consultation. Our team of experts will happily assist you in harnessing Epicor’s full potential for your business.

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