DXP’s Integrated Inventory and Order Management solution is designed to provide businesses with comprehensive tools to manage their supply chain, inventory, and order processes seamlessly. This solution is particularly valuable for organizations looking to optimize their operations, reduce costs, improve order accuracy, and enhance customer satisfaction. Here’s a more detailed breakdown of the solution:
Unified Platform for Streamlined Inventory and Order Management
Our integrated platform streamlines Inventory and Order Management, offering a seamless, unified solution to optimize stock control, automate orders, and enhance overall efficiency. Simplify your operations and drive business growth with real-time insights and harmonized workflows.
Mobile First
To enable Sales Reps and/or customers to place orders on-the-go and get real-time information in theirs hands.
Standardised Intergration into SAP
To standardise the approach of integration into SAP for data retrieval and transaction posting, being Magellan-ready.
Intergrated System
To give a seamless experience to Sales Reps and customers by providing an end-to-end platform where they can get their multiple tasks done effectively.
Data Insights
To generate meaningful analytics and insights for better decision-making by capturing data in a standard structure across the region.
An Integrated Order - Inventory Management Platform
Inventory Management
• Real-Time Inventory Tracking: DXP’s solution offers real-time tracking of inventory across multiple locations and warehouses. This allows businesses to have up-to-the-minute visibility into stock levels, helping to prevent stockouts or overstock situations. The system automatically updates inventory data as items are received, sold, or transferred, ensuring accuracy at all times.
• Automated Replenishment: The solution includes automated replenishment features that use historical data and predictive analytics to forecast demand and trigger reorders when stock levels fall below predefined thresholds. This reduces manual intervention, minimizes stockouts, and ensures that inventory levels are optimized according to business needs.
• Multi-Location Management: For businesses with multiple warehouses or retail locations, DXP’s solution supports centralized inventory management. This enables businesses to allocate and transfer stock between locations efficiently, ensuring that the right products are available at the right place and time.
• Inventory Valuation and Costing: The solution offers various inventory valuation methods, such as FIFO, LIFO, and weighted average, allowing businesses to choose the one that best fits their financial and operational needs. Accurate inventory costing is crucial for financial reporting and profit margin analysis.
Order Management
• End-to-End Order Processing: DXP’s order management solution streamlines the entire order lifecycle, from order capture to fulfillment and delivery. The system automates order processing tasks, including order entry, inventory allocation, shipping, and invoicing, reducing errors and speeding up the fulfillment process.
• Multi-Channel Order Management: The solution integrates with various sales channels, including e-commerce platforms, marketplaces, and brick-and-mortar stores. This enables businesses to manage orders from all channels in a unified system, ensuring consistency and efficiency across the board.
• Order Fulfillment Optimization: DXP’s solution optimizes the order fulfillment process by automatically selecting the best shipping method, warehouse, or fulfillment center based on factors like delivery speed, cost, and inventory availability. This ensures timely and cost-effective order fulfillment.
• Customer Communication and Tracking: The system provides customers with real-time updates on their orders, including tracking information. Automated notifications keep customers informed at every stage of the order process, enhancing their overall experience and satisfaction.
Intergration and Scalability
• Seamless Integration with ERP and CRM Systems: DXP’s solution is designed to integrate seamlessly with existing ERP (like SAP and Oracle) and CRM systems, creating a unified platform for managing all business operations. This integration ensures that data flows smoothly between inventory, order management, and other business functions, reducing duplication and manual data entry.
• Scalability for Growing Businesses: The solution is highly scalable, making it suitable for businesses of all sizes, from SMEs to large enterprises. As a business grows, DXP’s system can easily accommodate increased order volumes, additional sales channels, and new locations without compromising performance.
Analytics and Reporting
• Advanced Analytics: DXP’s integrated solution provides advanced analytics and reporting capabilities, enabling businesses to gain insights into their inventory and order management performance. Dashboards and reports can be customized to track key metrics such as order fulfillment rates, inventory turnover, stock levels, and more.
• Demand Forecasting: By analyzing historical sales data, seasonal trends, and other factors, the solution provides demand forecasting insights that help businesses plan their inventory levels more accurately. This reduces excess inventory, minimizes stockouts, and improves overall operational efficiency.
What make DXP’s Integrated Inventory and Order Management Solution Different
DXP’s Integrated Inventory and Order Management solution is a powerful tool that empowers businesses to streamline their supply chain operations, improve order accuracy, and enhance customer satisfaction. By providing real-time visibility, advanced automation, and seamless integration, DXP ensures that businesses can manage their inventory and orders efficiently, regardless of scale or complexity. Whether it’s reducing costs, optimizing processes, or driving growth, DXP’s solution is designed to deliver measurable value and support long-term success.
Tailored Solutions
DXP understands that every business has unique needs, which is why their integrated inventory and order management solution can be customized to meet specific requirements. Whether it’s adapting workflows, integrating with specific third-party systems, or adding custom features, DXP ensures that the solution aligns with the client’s business processes.
Flexible Deployment Options
The solution can be deployed on-premises, in the cloud, or as a hybrid model, depending on the client’s preferences and IT infrastructure. This flexibility allows businesses to choose the deployment option that best suits their operational needs and budget.
Customization and Flexibility
Standard/Cash Order
Order Processing | E-Approval Workflow
Consignment
Order Processing | E-Approval Workflow
Sample
Order Processing | E-Approval Workflow
Demo
Order Processing | E-Approval Workflow
Compaint
Order Processing | E-Approval Workflow
CIP
(Central Inventory Planning)
For Inventory Relocation
Par Level
Reconiliation
RFID
Smart Bag
Cycle Count
Report
&
Analytics
Order Management
Inventory Management
Demand Sensing
Reporting
An Integrated Platform for Inventory and Order Management Solution – Features
An Integrated Platform for Inventory and Order Management Solution - Workflow
