ORDER PROCESSING AND VENDOR MANAGEMENT IN THE WORLD OF ERP
ORDER PROCESSING AND VENDOR MANAGEMENT IN ERP SYSTEM:
ERP (Enterprise Resource Planning):
Business management process software that makes it possible for an organization to manage all the critical areas of runninga business, from HR to services and technologies
ORDER PROCESSING
The customer places a purchase order which will register in your ERP system. It will include all the data variables such as:
- Customer number
- Product number
- Order size
- Price
- Conveyance data and more…
The ERP system makes the process automated and allows organizations to quickly allocate the necessary resource, advance the order into the production stage, and track the order process in real-time, prioritize request, and much more.
VENDOR MANAGEMENT
A critical thing in managing vendors is having their correct contact information including:
- Addresses
- Geocoding
- Email ID
- Phone number
- De-duplication and more…
This helps to drive down administrative costs and benefits organizations in day-to-day vendor management.
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