e-Commerce business owners will be familiar with purchase orders and receiving. Coordination of purchase orders, management of purchase requests, and receiving goods and services are part of the purchasing life cycle. This ensures the timely availability of inventory at an optimal cost. Purchasing raw materials to manufacture or direct sell to your customers or for everyday operations is integral to managing your purchasing costs centrally. It is essential that you oversee your purchasing effectively in order to keep operational costs under control. The following 3 tips will help you streamline your e-Commerce and Purchasing Order Processes.
#1 - Automate Supplier Management
Managing your supplier more efficiently requires automating your purchase order. Develop a flowchart for your purchasing process and set up approval rules for your team. Optimizes purchase order processing by automating complex transactions with suppliers and maintaining control over orders and supplier payments. If you process your orders quickly and pay them promptly every time, you'll build rewarding relationships with your suppliers and possibly obtain preferred rates. The process of sourcing can be automated, and standards can be imposed on suppliers. Organizing, tracking and being transparent is vital as your supplier list grows.
#2 - Automate Sales Orders
Sales orders must be processed and managed efficiently to maintain customer relations and grow a business. It can be labour-intensive, time-consuming, and costly to process sales orders manually. Automating your ordering process eliminates an unwieldy, tiring, and productivity-killing task. With the automation of repetitive manual labour, your staff can now tap into their creativity and intellect, contributing to your company's growth. Check out our DSM Suite 2.0 solution, designed to extend e-Commerce operations with a PO automation interface, giving e-businesses the power to deliver meaningful customer experiences.
#3 - Automate Multi-Channel Sales
Customers are ordering on your website, by email, through Facebook, Instagram and messaging applications. Zooloo's DSM Suite 2.0+ Omnichannel integrates and consolidates orders from multiple channels, allowing you to combine all your different selling channels and ensure that all your orders are processed timely. Zooloo DSM Suite 2.0+ BI & AI PREDICTIVE enables you to collect orders from all your sales channels centrally, provides access to data related to each order, and offers predictive analytics tailored to each channel. Monitoring the performance and predicting sales across different sales channels can be done in this way.
Final Thoughts
Bring your data together.
By integrating invoices, packing lists, and shipping labels, these processes can be sped up, data-entry errors are eliminated, and record keeping is appropriately streamlined. Your reputation with suppliers will be more favourable when you approach purchase orders methodically, which gives you more bargaining power with them. Identify patterns that indicate late payments, which can accumulate over time. The more late or penalty fees you get, the less open your suppliers will be to negotiating or answering customer service issues and a possibility that you are missing out on contractual bonuses for advance payments.
You will enjoy immense growth opportunities if you partner with the right service provider. Get a better start with Zooloo. Our team is happy to assist you with your journey towards digital transformation. Please contact us at sales@zooloo.asia.
- Discover more about Customer Service Strategies
- Find some tips on B2B Sales Strategies
- Looking closer at Marketing Strategies
- Read about The Digital Transformation Journey
- Learn more about our “Digital Backbones”
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