Order Management
Once orders are placed, purchasing departments need to maintain control over order revisions - regardless of whether their chosen suppliers are large, small, IT savvy or with minimal access to technology. They also need assurances that correct information is transmitted throughout the company and its trading partners and that the relevant sequence of events is triggered.
Order Management helps to identify and drive retailer-supplier communications and negotiations after cutting the purchase order, thus ensuring visible and collaborative negotiation and procurement. Eqos Order Management manages the inevitable PO amendments and other late changes with suppliers throughout the procurement process. Because amendments are captured and tracked, downstream trading partners are alerted in advance of potentially important changes. This module can function as the retailer 'system of record' for a PO, or alternatively, integrate with existing purchasing systems.
Benefits Include:
- Single version of the 'true' purchase order among all parties
- Improves control through proactive alert management
- Reduces miscommunications and misunderstandings
