Order Management System Life Cycle : Different types of Orders in OMS for example : Web orders, sales orders, online orders(BOPIS and BOSS), transfer orders, purchase orders, etc.., Transfer Orders : For example, if there are two stores, consider store A and Store B and if store A does have the product and store has the product in this case transfer order can be created to move the product from store B to Store A Transfer items from DC to DC, Store to store, DC to store within the org.... Purchase Order : For example, if the product is not available in store and it is only available at vendor, in this case purchase order can be created to buy the product from vendor and make it available to the customer. Physically store is not available within the org but we can fulfill it from outer/other org.. BOPIS(Buy online pickup in store orders) : Customer buy items online and decides to pick up their purchase at a store convenient to...
Invoicing process involves typically in the settlement process of order life cycle Types of invoices : 1. Shipment Invoice 2. Return Invoice 3. Credit Memo Invoice 4. Debit Memo Invoice. 1. Shipment Invoicing occurs after the order has shipped, It initiates the collection process Once the order is created in OMS, then the payment will be authorized i.e.., the particular order amount will be blocked from the credit card used, and once the order is shipped, then invoicing happens on the order. 2. After the order is shipped, if the customer is not satisfied with the item received/if the item is damaged etc.., they return the product, then the return will be created and invoiced. Refund will be successful at the original mode of payment if the order is paid using the credit card.... And if the return is created by a Gift recipient, then sterlin...
Returns Processing : ------------------------ 1. The item from an order can be returned if the item is eligible for return 2. There might be the following reasons to return the item a)Damaged b)Missing products c)Did not like etc.., 3. Return creation process flow i)Place the order ii)Ship the order iii)Once the order is delivered to the customer and if he did not like the product, then the return can be placed using the application(call center). iv)Create a return v) Receive t...
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