Oracle Order Management Essay

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Oracle Order Management Capabilities

1. Increase Revenue

Increase Average Order Size through Cross-sell and Up-sell

 The OM data entry form includes a tab that shows cross/up selling products that are associated with the chosen line item.
 The relationship type, description, availability, and price are displayed and users can easily add one or multiple cross/up selling products to the order via choosing a check box.

Margin Enforcement

 We can setup margin limits, wherein we specify the minimal margin %, on which we want to do the business.
 During an order entry, we may view margins and take appropriate action. The system can also put an automatic margin based on the sales order.
 This guarantees that all our sales …show more content…

 Oracle Configurator utilizes a rule-based configuration to order the engine to guide both reps and self-service customers for top-rated configurations.

Lessen Errors and Delays through Order Validation and Automatic Defaulting

 Oracle Order Management presents the potential to approve an order during the capture process and ensures that it has all the vital and accurate information to be processed for fulfillment without errors.
 OM also provides a flexible defaulting functionality to automatically populate order statistics such as fee, bearer, and delivery records to reduce the chance of data entry mistakes.
 This approval underpins sales orders and governs other orders supporting order modifications, cancellations, and …show more content…

 Order Management supports available-to-promise (ATP), and Oracle Global Order Promising adds capable-to-promise (CTP) and capable-to-deliver (CTD) support.
 Inventory can be promptly saved at the order entry or it is done automatically, as the asked ship date moves inside the allotment window.

Give Timely Order Status with Drop Ship Support

 Oracle Order Management can be effortlessly designed to assist satisfying client orders by directly delivering the products from the supplier to the end customer.
 Customer sales orders are flawlessly conveyed from Oracle Order Management to Oracle Procurement and on to the dealer.
 Customer changing the sales order and supplier changing the purchase order are synchronized to enable real-time order status inquiry.
 Once the dealer conveys the Advanced Shipping Notice electronically or via Web self-service, the customer will be invoiced.

Settle on Better Decisions Faster

 Oracle Order Management Information Discovery is a separate product that empowers OM users to settle on better decisions

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