What Applies Technology To The Activities In The Order Life Cycle From Inquiry To Sale?
What Applies Technology To The Activities In The Order Life Cycle From Inquiry To Sale?
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What Applies Technology to The Activities in The Order Life Cycle from Inquiry to Sale?
Answer:
The technology applied to the activities in the order of life cycle from inquiry to sale is supply chain management.
Supply chain management:
It is the control of the whole production of service from the first step which is raw material to the last step delivering the finalized product to the consumer. For example, farming, transporting, and packaging.
How Supply Chain Management Works:
Supply chain management comprises five parts that links with logistics in all aspects are follows
Planning:
Plan and organize what is needed by consumer demand to manage all sales department resources. Once the chain of supply is established then regulate the criteria to measure to find supply chain is efficient, reliable and transfer the goods service to customers or meet the aims of the company.
Source of raw material:
Find a supplier to deliver the raw material that is required to made products. Establish a relationship to manage the supplies. The main steps include the first order of raw materials, the receipt and management of the actual payments from suppliers.
Products manufacturing:
In manufacturing manage all steps required to made products from raw material. Once create the products check the quality, efficiency, and quality of packing for delivery.
Delivery:
Take the orders of customers, scheme all deliveries, sendoff orders, inform the customer, and the last step is to receive the payments.
Returning:
If the products delivered to the customer is defective or unwanted products always manage a process to take back these defective products.
Importance of supply chain:
It is important because it minimizes the waste and cost save time in the cycle of production Industry norms depend on supply chain time where auto sales give the signal to refill orders to manufacturers. Once the product is sold all retail can refill the stocks quickly. We further improve this process by analyzing the data from supply chain partners. Three layouts are very effective to increase efficiency.