About Asset-Based Ordering

Asset-based ordering allows companies to:

  • Generate asset records from orders

  • Create quotes for new products and services using existing assets

  • Create quotes to modify existing products and services

  • Modify in-process orders that have been submitted for fulfillment

  • Suspend, resume, or discontinue an existing service

  • Have visibility into the asset life cycle during customer interactions

Asset-based ordering is included with Siebel Order Management, but it must be activated separately, as described in Setting Up Asset-Based Ordering.

Because asset-based ordering is based on workflows and business services, you can customize it to suit your business model. For more information, see Workflow Reference for Employee Asset-Based Ordering.

The following figure shows the cycle of events for asset-based ordering.

Asset-Based Order Management Cycle. In this image, there are three Start events: Start (modify existing asset), Start (add new item), and Start (revise existing order). Start (modify existing asset) is connected to Assets by an arrow. Start (add new item) is connected by an arrow to Quotes, Start (revise existing order) is connected by an arrow to Orders. Assets is connected to Quotes by an arrow, Quotes is connected to Orders by arrow. A dotted arrow indicating third party applications goes from Orders to Back Office Provisioning Fulfillment System. A dotted arrow also connects Back Office Provisioning Fulfillment System to Orders. Orders is also connected to Assets by an arrow.