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FIFO / FEFO allocation with shelf life inventory management

Go beyond the simple First In, First Out rules with smart inventory allocation technology.

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Inventory commitments and allocations

Inventory commitments and allocations

Automate your inventory allocation processes

A key function of any distribution and manufacturing ERP solution is the ability to systematize the inventory commitment and allocation process. While inventory commitment refers to a reduction in available inventory when a customer order is placed, inventory allocation refers to the physical assignment and reservation of inventory (product, lot / serial number, and quantity) to a specific sales order line item (or manufacturing work order) from one or multiple warehouse locations.

Leveraging E21’s advanced and flexible allocation rules, manufacturers and distributors can:

Built-in shelf life and expiration date tracking

Built-in shelf life and expiration date tracking

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It’s one thing to know how much inventory you have and how long an item has sat in inventory; it’s another thing to know when that product is no longer usable or acceptable to certain customers. With the E21 ERP system, manufacturers and distributors have complete visibility of each product and lot’s receipt and expiration dates. Moreover, automated rules and processes can be set to alert QC personnel to retest a specific lot on pre-defined intervals to ensure a product continues to meet quality specifications. Most importantly, customer-specific shelf life requirements can be specified by customer and product combination. These shelf life requirements are factored into E21’s smart inventory allocation technology to ensure all products allocated to a sales order meet the customer’s unique requirements.

e21erp® shelf life, expiration date tracking, and inventory allocation highlights

e21erp® shelf life, expiration date tracking, and inventory allocation highlights

More e21erp® inventory management software features

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Improve inventory accuracy, achieve forward and backward lot traceability, and systematize inventory commitments and allocations with e21erp®.
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ERP Order Management Software
Flexible, configurable options for advanced customer and pricing setup along with built-in solutions for EDI and E-Commerce.

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Inventory Management Software
Inventory accuracy, forward and backward lot traceability, and systematized inventory commitments and allocations.

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Increase productivity, automate tasks, and go paperless with the E21 ERP warehouse management system.

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Manufacturing Management Software
Discover E21’s robust manufacturing ERP functionality used by process and discrete manufacturers.

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Improve order and line item fill rates while simultaneously reducing inventory carrying costs.

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Multi-everything support built into an integrated, scalable ERP financial management solution.

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ERP for E-Commerce
Tie your online store to the back office with one of the best ERPs for e-commerce.

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Integrated EDI Software
A powerful EDI ERP integration for rapid growth, increased efficiency, and for meeting customer requirements.

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Delivering continual improvement & value through technology. Learn what a strategic partnership with e21erp® can provide.

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WHITE PAPERS

5 Critical Software Requirements for Improved Product Safety & Traceability

WHITE PAPERS

5 Critical Software Requirements for Improved Product Safety & Traceability

Learn the necessary software features and functions required for organizations to ensure the highest levels of product safety.

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