Lets assume simple example :
IPhone 10 getting released on 01-Dec-2018. Each store can take pre-order for 100 Qty from 01-Nov-2018
On 01-Nov-2018 Store X received 50 pre-order in total
On 02-Nov-2018 Store X received 40 pre-order in total
On 03-Nov-2018 Store X received 10 pre-order in total
So all these pre-orders taken for 100 Qty and all these orders been scheduled and inventory allocated. Now one high value customer comes and orders 1 Qty.
IBA allows to take this order and remove 1 Qty from scheduled inventory and allocate the same inventory high value (VIP) customer. Basically this override the basic eCommerce rule first come first serve.
Schedule : Soft allocation of inventory (Any time inventory can be reallocated to some one)
Release : Hard allocation of inventory (Inventory can not reallocated, order given to warehouse management system)
Hope this helps !!!
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Scenario : You have an on-hand qty 5 and On-order 5 Qty. Assume the on-order is expected to receive in 7 days from today. Customer A places the Order for 5 Qty and expected the shipment in 10 days from today. OMS schedules the Customer A’s order against the On-hand Qty. Customer B places an order for 3 Qty and he/she needs the item within 4 days.
As the On-hand is already allocated for customer A, Customer B has to wait for 7 days for the stock to come, though he wants the item in 4 days. The IBA re-allocates the inventory to Customer B from the On-hand stock and schedule the On-order inventory for Customer A (because it will be still within his expectation of 10 days from today). This way, business can meet both sales.
Few more scenarios are exist like this.
Thanks.
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