Is a series of steps that includes the conceptualization, design, development and marketing of newly created or newly rebranded goods or services.

Product Development

Product Managing

Is an organizational lifecycle function within a company dealing with the planning, forecasting, and production, or marketing of a product orproducts at all stages of the product lifecycle

Order Entry

This is a process of recording an order into the company's entry system. Once an order has been entered, the company can view information about this order and make necessary changes for the entry

Allocation

Is the authorization to incur expense or obligation up to a specified amount, for a specific purpose, and within a specific period.

back office

services

It's about selecting the minimum cost, distance, and/or time path from several alternatives for a good or message to reach its destination.

Routing

Warehouse Managing WMS

Is a centralized management of warehousing tasks including inventory control, tracking, and the location of stock items.

Invoicing

A nonnegotiable commercial instrument issued by a seller to a buyer. It identifies both the trading parties and lists, describes, and quantifies the items sold, shows the date of shipment and mode of transport, prices and discounts and delivery and payment terms.

Accounts Receivable

Sales made but not paid-for by the customers (trade debtors). Accounts receivables are shown as current (short-term) assets in a balance sheet and are, in fact, unsecured promises by customers to pay in the future.

Is all about setting up requirements for the vendors your company deals with in an attempt to have perfect order and be able to resolve issues effectively and promptly if they arise.

Vendor Compliance

Offset

To liquidate a position by entering an equivalent but opposite transaction in the same delivery month. To offset an initial purchase, a sale is made; to offset an initial sale, a purchase is made.

Chargeback

Is when the client short pay something they are supposed to pay the full amount.

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Product Creation

Is money owed by a business to its suppliers shown as a liability on a company's balance sheet

Accounts Payable

In

Transit

Means that once goods leave the port (or place) of loading, they will be carried to the port (or place) of destination over the usual or most common route without undue delay or interruption, otherwise the insurance cover may be voided

Vendor

Bills

Is an invoice received for products and services that the company purchases.

It's used to keep track of the bills for the customers.

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