What is required for a successful order allocation in real time?

Accurate inventory data is essential for successful order allocation in real time because it ensures that the system has up-to-date information regarding stock levels, availability, and location of products. When the inventory data is precise, it allows for efficient order processing as orders can be fulfilled from the appropriate stock locations without delays or errors. This reliability on data minimizes the risk of overselling or stockouts, ultimately leading to improved customer satisfaction and operational efficiency.

Immediate picking and packing, frequent audits, and periodic confirmations, while beneficial for other aspects of inventory management and order fulfillment, do not directly influence the real-time allocation process as significantly as having accurate inventory data. It is the foundation upon which timely and effective order allocation can occur.