Track soft reserved quantities within allocations

Important

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Enabled for Public preview General availability
Users by admins, makers, or analysts Sep 20, 2022 Oct 25, 2022

Business value

Organizations often need to track real-time consumption within allocated quantities for each store or web market. This can help support promotion events and new product launches, allowing organizations to make immediate reallocation and follow-up replenishment decisions.

Feature details

The current allocation feature allows you to plan the apportionment of your available on-hand inventory. But obtaining the physical consumption data from your ERP system can take a long time due to data sync latency. This can lead to oversell or overconsumption within your allocated channel or by your corporate customers. As a result, the ability to track actual booked quantities by demand in real time is important. You can now achieve this by making soft reservations within allocations.

This new feature helps you to achieve the following goals:

  • Avoid oversell: The ability to make soft reservation requests against allocated inventory will prevent you from posting additional soft reservation requests when you don't have enough allocated inventory left.
  • Monitor overstock situations to optimize future allocation plans: You can easily compare soft-reserved quantities against what's left in inventory pools allocated to individual channels or B2B customers. For allocations with a low soft-reservation to available-allocation ratio, you can consider adjusting your allocation plan to better manage your inventory turnover in the future.
  • Better protect your allocated inventory: By minimizing oversell situations within each allocation channel, group, and/or customer, you will also better protect your allocated quantities.

Inventory Visibility

Inventory Visibility provides an independent and highly scalable microservice that enables real-time, on-hand inventory change postings and visibility tracking across all your data sources and channels. For more information about Inventory Visibility, see the Inventory Visibility Add-in overview.

See also

Inventory allocation ensures limited stock goes where it’s most needed (blog)

Inventory Visibility inventory allocation (docs)