WBSRocks: Scaling Growth with AI, Enterprise Software, and Digital Transformation
WBSRocks podcast features in-depth conversations on AI-enabled business models, customer experience, digital transformation, supply chain, eCommerce, industry 4.0, and enterprise software categories such as CRM, ERP, or analytics suites. The purpose of the show is to help CFOs, COOs, CEOs, and business owners with their daily commercial, operational, or financial challenges by taking a deep dive into business cases and processes, technology strategy and architecture, transformation initiatives, and business models. The show also offers an independent analysis of technology trends, various enterprise software vendors and solutions, and their mergers and acquisitions. Subscribe today to stay on top of digital transformation trends!
WBSRocks: Scaling Growth with AI, Enterprise Software, and Digital Transformation
WBSP346: Grow Your Business by Learning the Pros and Cons of Partial Order Processing and Early Shipping Business Processes, a Live Interview w/ a Panel of Experts
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
The rising consumer expectations and growing trend of marketplaces are driving the order processing complexity for businesses. Sales order processing is increasingly complex. You have challenges such as partial delivery. In some industries, the entire order-to-cash cycle needs to be closed for a line before the other line can be processed. There might also be other trends, such as shipping early in the hope of getting higher margins from the order. So, what architectural considerations do you need to have in place to accommodate such business scenarios? What do you need to look for in selecting your ERP? Which ERP systems might fire back if they don't natively support these business scenarios?
In today's episode, we invited a panel of cross-functional experts for a live interview on LinkedIn who brings significant expertise to discuss the pros and cons of partial order processing and early shipping. We covered many grounds, including the concepts such as shipping complete, planning around prioritizing and back ordering, and how partial processing differs in make-to-stock vs make-to-order manufacturing. Finally, we discussed issues in some industries such as medical devices avoiding partial processing, creating a temporary warehouse for shipment consolidations, and implications as grave as order lines disappearing from the sales orders because of the limited system capabilities and training.
For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.