PO Management
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PO Management is dedicated to providing supply chain solutions.
We help clients identify, manage, measure and monitor risks within  Their supply chains and develop the ability to improve process  performance, reliability and control in a cost-effective and efficient manner.

 

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PO Management was established to help your business grow without the huge expense.

We are one of the leading consulting firms in the world offering services ranging from simple freight and warehousing solutions to complete supply chain solutions. Then name PO Management stands for Purchase order management which was a very popular term years ago and somehow was associated it with supply chain before supply chain was a field taught in schools.
We are one of the few companies that are able to offer you a quote to cash solution which means, we can help you secure purchase order financing, track your orders , distribute your orders and even make sure that your customer pays you for the order.
We can even help you secure the necessary loans to fund your operation.

We have helped hundreds of companies implement supply chain systems to optimize their operations. By employing consultants that excel in both operational and technical skills we can deliver solutions rapidly, effectively and with lower costs for you. PO Management helps you reduce uncertainty in your Supply Chain. Exchanging information and providing visibility to both demand and supply are key to success. Effective Supply Chain Planning can increase profitability by improving service and reducing costs - essential to all companies with a business strategy based on Operational Excellence

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What is Supply Chain

Supply chain management (SCM) is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. Supply chain management involves coordinating and integrating these flows both within and among companies. It is said that the ultimate goal of any effective supply chain management system is to reduce inventory (with the assumption that products are available when needed). As a solution for successful supply chain management, sophisticated software systems with Web interfaces are competing with Web-based application service providers who promise to provide part or all of the SCM service for companies who rent their service.

 

Supply chain management flows can be divided into three main flows:

The product flow
The information flow
The finances flow

The product flow includes the movement of goods from a supplier to a customer, as well as any customer returns or service needs. The information flow involves transmitting orders and updating the status of delivery. The financial flow consists of credit terms, payment schedules, and consignment and title ownership arrangements.

There are two main types of SCM software: planning applications and execution applications. Planning applications use advanced algorithms to determine the best way to fill an order. Execution applications track the physical status of goods, the management of materials, and financial information involving all parties.
Some SCM applications are based on open data models that support the sharing of data both inside and outside the enterprise (this is called the extended enterprise, and includes key suppliers, manufacturers, and end customers of a specific company). This shared data may reside in diverse database systems at several different sites and companies.

By sharing this data "upstream" (with a company's suppliers) and "downstream" (with a company's clients), SCM applications have the potential to improve the time-to-market of products, reduce costs, and allow all parties in the supply chain to better manage current resources and plan for future needs.
Increasing numbers of companies are turning to Web sites and Web-based applications as part of the SCM solution.

Supply chain management (SCM) is the combination of art and science that goes into improving the way your company finds the raw components it needs to make a product or service and deliver it to customers. The following are five basic components of SCM.

1. Plan— This is the strategic portion of SCM. Companies need a strategy for managing all the resources that go toward meeting customer demand for their product or service. A big piece of SCM planning is developing a set of metrics to monitor the supply chain so that it is efficient, costs less and delivers high quality and value to customers.

2. Source— Next, companies must choose suppliers to deliver the goods and services they need to create their product. Therefore, supply chain managers must develop a set of pricing, delivery and payment processes with suppliers and create metrics for monitoring and improving the relationships. And then, SCM managers can put together processes for managing their goods and services inventory, including receiving and verifying shipments, transferring them to the manufacturing facilities and authorizing supplier payments.

3. Make— This is the manufacturing step. Supply chain managers schedule the activities necessary for production, testing, packaging and preparation for delivery. This is the most metric-intensive portion of the supply chain—one where companies are able to measure quality levels, production output and worker productivity.

4. Deliver— This is the part that many SCM insiders refer to as logistics, where companies coordinate the receipt of orders from customers, develop a network of warehouses, pick carriers to get products to customers and set up an invoicing system to receive payments.

5. Return— This can be a problematic part of the supply chain for many companies. Supply chain planners have to create a responsive and flexible network for receiving defective and excess products back from their customers and supporting customers who have problems with delivered products




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PO Management

PO Management

We are supply chain consultants focusing on helping companies grow their business. If you need help in operations, sales, marketing or finance we can help. We offer a 1 hour free consultation.

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