What is Order Processing? Order processing is a systematic procedure for receiving, managing and fulfilling customer orders accurately and efficiently. The multiple steps of order processing, from order entry to inventory management, production scheduling and shipping, are streamlined to improve customer satisfaction and minimise the cost of processing orders. As soon as the customer places […]| Sage Software
What is a Sales Order? A sales order is a legal contract between a supplier and a customer whereby the supplier must fulfil the customer’s order as per agreed terms. The supplier generates the sales order by including product details like specifications, price, quantity, delivery date, and payment terms. In other words, a sales order […]| Sage Software
What is 3PL (Third-party logistics) is an outsourced logistics service focused on managing specific logistics operations, such as warehousing, shipping, and order fulfilment.| Sage Software
Bill of Lading is the proof of ownership of carriage and a legally binding contract that acts as an acknowledgment of the receipts of the shipment and establishes terms & conditions and legal obligations pertaining to various aspects of the shipment.| Sage Software