Mercantile Models From The Merchants Perspective
The Order to delivery cycle from the Merchant’s perspective has been managed with an standardization & cost.
To fully realize and maintain a competitive advantage in the on-line environment, a company must build a robust vision of “order-to-delivery” cycle. This lads to a another cycle “Order Management Cycle” (OMC) .
OMC includes eight distinct activities.
: – Order planning & Order generation.
: – Cost estimation & Pricing.
: – Order Receipt & Entry.
: – Order selection & prioritization.
: – Order scheduling.
: – Order fulfillment & Delivery.
: – Order Billing & A/C payment management.
: – Order Service & Support.