Purchase Order Management
Today, Global Supply Chains involve multiple parties from manufacturing through distribution. Historically, visibility was lost once a Purchase Order was tendered to a vendor until a forwarder or consolidator received the product. A solution to open visibility and manage these vendors and transactions became key to operating a globally. With today’s technology, each time your purchase order is transferred from one vendor to another; information and updates can be exchanged on an electronic basis without the need for any manual data entry. Upon receipt of your Purchase Order, Mitco can establish key events and monitor to ensure their occurrence or provide an alert to inform all parties of a potential failure in service and communications.
Mitco’s POMS functionality can provide:
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- Real time status of your Purchase Order from Vendor through delivery
- Higher Level of Data Integrity
- Greater Risk Management throughout the Supply Chain
- Proactive visibility of delays and service interruptions
- Automated alerts based on tailored event metrics
- True integration of your transportation process.
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Vendor to destination visibility of PO’s and their cargo are key to driving costs out of your supply chain.
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- Ensure your vendors meet your requirements – effortlessly produce reports that measure your manufacturing, consolidation and transportation partners.
- Position product for consolidation at origin
- Implement DC By-Pass by building store ready containers
- Plan distribution programs
- Monitor inbound to your distribution center to prioritize your work flow
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Mitco’s investments in the latest technology and Innovation of proven supply chain principles are the keys to creating this visibility and control across the commercial and geographical boundaries of today's market.
Our ability to drive vendor performance from a neutral platform provides a unique opportunity to measure and manage our clients supply chain like no one in the industry.
As a neutral party the usage of Mitco’s POMS system allows us to act in our clients best interest regardless of vendor, carrier or service provider.
Mitco has the ability to provide performance reporting that can help establish quantifiable vendor and carrier metrics to better understand their performance and your supply chain.
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- Utilization
- Transit times
- On time delivery
- Event updating
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Mitco System Alerts enable you to select notifications related to specific events or issues as they occur in the supply chain allowing you to react in real time.
Mitco’s Alerting function bridges the gap between reactively searching for information and having it proactively provided.
With Mitco Alerts you can monitor:
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- Booking Notices
- Missing EDI Information
- Customs Entry Filing
- Document Submission
- Equipment In-gating and Out-gating
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