| An Electronic Order Management system is meant to | | | | forecasts based on customer inventory data. |
| eliminate delays, errors and costs associated with | | | | Better planning can reduce instances of costly |
| manual order management processes. Automating | | | | demand-supply mismatches. Planning business |
| order generation, sending, receiving and | | | | processes like customer order management and |
| acknowledging of orders can cut administration costs, | | | | preparing for change order management gets easier |
| reduce overheads and improve supply chain | | | | with real time access to up to minute inventory data |
| efficiency. | | | | that foretells supply demand. This puts more control |
| Incompatible ERP/Inventory management systems at | | | | and responsibility on the suppliers and buyers can |
| buyer and vendor facilities is the first electronic order | | | | avoid labour intensive purchasing processes. On |
| management challenge to tackle. An on demand web | | | | demand order management solution is configured to |
| order management solution can sidestep | | | | handle end-to-end order management workflows, |
| incompatibilities of enterprise systems. | | | | purchase orders, advance ship notices, receipts and |
| A hosted order management software or order | | | | invoices. |
| management service allows sending and receiving | | | | Differences in procurement demand by different |
| data with a standard web browser and allows | | | | departments of same organization coupled with |
| retrieving data in popular formats like XML, CSV or | | | | disconnected ERP systems add up procurement |
| spreadsheets. On demand order management service | | | | costs for the whole organization. Configure business |
| takes data in any format and delivers it in real time | | | | rules for individual procurement processes and let the |
| to relevant persons in any format they require. Thus | | | | order management service take over the processes |
| both the supplier and buyer can benefit from real | | | | based on min-max settings. |
| time communication, even while not waiting for | | | | Implementation of On-Demand Order Management |
| emails, phone calls or faxes. | | | | System |
| Disconnected enterprise systems create data | | | | On demand order management system is hosted |
| redundancy, errors and can lead to costly business | | | | order management solution that requires no additional |
| inefficiencies. Poor coordination between enterprise | | | | IT infrastructure investment by either parties - |
| systems leads to flawed production plans, increased | | | | supplier and buyer. The order management solution |
| supply chain pressure and poor customer service. | | | | provider charts out a well laid out implementation plan |
| Lack of visibility of orders, schedules and shipments | | | | after identifying existing business challenges and |
| can lead to costly administrative decision making | | | | possible cost/time savings of implementing a web |
| processes. | | | | order management solution. On demand electronic |
| An on demand order management service facilitates | | | | order management solution requires the business to |
| single point availability of total supply chain information | | | | pay only monthly subscriptions charges. No hefty |
| in real time. This can lead to better coordination in the | | | | licensing or upkeep costs. Employees can be trained |
| whole supply chain and overall time and cost savings. | | | | on the system in less than four hours. |
| Stock outs, expedited orders and bloated inventory | | | | Implementation takes less than six weeks and most |
| are better avoided with proper order management | | | | of the time is utilized for uploading the data to a |
| process. The supplier also needs to have significant | | | | centralised location, defining business goals and testing |
| visibility into supply chain status and inventory status | | | | the effectiveness of deployment. |
| at customer level. This facilitates accurate demand | | | | |