Specialist product availability and reservation management system
The consultant and customer see where the specialty item is selected and when it can be received. Reservation helps to save the agreed amount for a specific order.
The consultant sees the balance of his shop, but can not always check and reserve the right item elsewhere. Customer search ends with one place's supply. The buyer may choose another supplier, although the item is on the same network. The option to save the order after offering another pickup location or a matched delivery is lost.
How the solution works
- The consultant verifies the condition of the selected item and the amount of free space on the network.
- The selected unit is reserved with an expiration date and a pick-up location.
- The pick-up point employee confirms that the item is physically ready.
- After the sale, cancellation or expiration of the term, the reservation is completed and the quantity is renewed.
Key challenges
- The right product is not always found across the network
Solution capabilities
Network availability
The consultant sees the quantity sold in each location for a specific model or size; the item along the way is shown with the expected receipt.
Termed Reservation
The quantity allocated to the customer is protected from the next sale until the agreed withdrawal or expiration.
Request for transfer to another location
Once the porting capability is confirmed, the need is passed to logistics and the resulting execution status updates the customer's recall information.
Physical nonconformity check
No item found or unfit for sale is marked for inspection; the reservation and the promise made to the customer are corrected accordingly.
Business context
- The right product is not always found across the network
- The consultant sees the balance of his shop, but can not always check and reserve the right item elsewhere. Customer search ends with one place's supply. The buyer may choose another supplier, although the item is on the same network. The option to save the order after offering another pickup location or a matched delivery is lost.
- The search for the right item covers the entire trading network
- A customer who chooses a specialty item may be ready to wait or pick it up in another location. Visible network availability and reservation allow for such an option to be provided even during the consultation. The seller may save an order whose local store is one would not fulfill.
Core features
- Network availability
- Termed Reservation
- Request for transfer to another location
- Physical nonconformity check
Key integrations
- ERP/stock accounting
- The accounting balance of SKUs and the movement of goods between locations.
- WMS / Warehouse System
- Warehouse free, reserved and ready for transfer.
- POS / Store System
- Store sales, local balance correction and withdrawal approval.
- E-commerce and adviser workspace
- Availability request, booking initiation and the deadline promised to the customer.
Potential impact (%)
The ranges indicate an illustrative relative change in the metric under the stated assumptions. Results depend on the starting position and actual use of the solution. Percentages for different metrics must not be added together.
Share of bookings failing due to incorrect location availability
12–42%Decreasing
This illustrative scenario assumes that 30-60% of errors can be addressed through the data and rule checks described. That share is assumed to fall by 40-70%. Company data is needed to verify both the addressable share and the resulting change.
Estimated reservations that were cancelled because the unit displayed in the system was not physically sold or already intended for another customer. The percentage is calculated on the number of all bookings placed.
Part of manual calls or checks to other locations for the availability of a specific SKU
12–42%Decreasing
This illustrative scenario assumes that 30-60% of errors can be addressed through the data and rule checks described. That share is assumed to fall by 40-70%. Company data is needed to verify both the addressable share and the resulting change.
Consultancy is calculated, for which additional manual approval from another store or warehouse is still required before promising the item. The percentage is calculated on the number of all requests for availability of the item.
Conditional calculation scenarios. The assumptions have not been validated against client measurements.
When this solution is relevant
- Stocks and reservations of goods are not aligned between stores, warehouses and electronic commerce.
- The customer is promised a good that has already been reserved, or the employee cannot reliably offer the place and time of its withdrawal.
Implementation requirements
For the availability of specialized goods, the state of the stocks that are being sold, displayed and awaiting verification is aligned. The promise of withdrawal is associated with actual preparation, and the quantity not found has a clear course of booking adjustment.
Further development options
- Approval of product preparation between stores
- Alignment of reservation duration by type of goods