| dc.description.abstract | One of the oldest industries, which fulfill the basic needs of mankind, is Trading
Company. It has become very important for a Trading Company to integrate with
Information Technology to survive in this era of competition. The application of IT
has effectively reduced time of Traders along with constant monitoring & rectifying
the faults if any during the production change. One innovation has been the O2P
System, which is a tool that brings about effective co-ordination between the
departments of an organization to direct the process by providing comparative
information & analysis regarding trends and forecasts. It assists in effective
management of the supply chain, just-in-time inventory and information as well as
enterprise logistics management.
So, nowadays O2P System are largely used for effective monitoring and control,
accurate planning and scheduling of orders, better data predictions, quick response
to query and on-line detailed information of orders. This paper mainly deals with
basic fundamentals of O2P System and role of O2P System in Trading Company
along with its benefits and advantages. | en_US |
