Retail Replenishment in Microsoft Dynamics AX 2012 R3
Inventory Replenishment is the key to Retail business. Retailers often struggle to automate fulfilling the future need of customers and with the nature of retail business, this often gets more complex. In this article, we will not be talking about how to get to that future need because this is where Demand Forecasting in Microsoft Dynamics AX 2012 R3 comes into play. Our focus would be to see how Microsoft Dynamics AX 2012 helps retailers to adopt different replenishment techniques to acquire products and support anticipated need.
In Microsoft Dynamics AX 2012 R3, inventory for a store can be replenished via Cross Docking, Buyer’s Push or normal Purchase Order processing. Cross Docking is a warehouse management process where shipments arrive at inbound dock, get unloaded and then taken to the outbound dock to deliver out. This saves the storage and cost associated. Buyer’s Push is used where a centralized purchasing department gets the shipments and then the inventory is distributed (pushed) to individual ....Read more