Syncing your inventory with your order management system is the most essential way to ensure that any sales orders you are taking on can be fulfilled. Improving Inventory Management With Order Management Software The tracking details for these labels will automatically be linked to the correct order and the customer notified. Customers can sign up to receive tracking notifications so they know where their orders are at all times.įor companies who utilize outside shippers, labels can be printed for the appropriate vendor such as USPS, FedEx, UPS, and more. This will update the order status and the tracking information within the program. When items are shipped out from your inventory, they can be scanned to give notice to your OMS solution. When initially inputting items into the inventory management module of your order system, you can assign aisle and bin locations that correspond with their exact location. Shipping times can be improved upon with order management solutions by creating specific pick lists that tell you exactly where an item is located in your warehouse or inventory. This leads to customer satisfaction and hopefully return business. The automation of order management software can help you increase your shipping times, meaning the customers are receiving their products in a shorter timespan. These benefits will ensure you can meet consumer demands at any time: Speed Up Shipping with Order Management Software Order management software will help prevent your company from dealing with many frustrations, whether during the slow season or during your peak selling times. Misplaced items can lead to delayed deliveries, dissatisfied customers, and a reduction in sales. Benefits of Order Management SoftwareĪ business needs order management software to improve performance. The dashboard of TradeGecko provides details on sales, costs, inventory, and purchase orders. Advanced order management software can keep detailed records on your vendors and suppliers, get a better sense of demand via demand planning, anticipate sales levels to aid production processes via sales forecasting, and more. Order processing software functionality is a key part of supply chain management systems. Order management solutions are found primarily in retail and eCommerce environments, but can also be apart of larger-scale distribution and manufacturing operations as an application in a larger ERP package. Order management systems (OMS) will help improve sales visibility, increase the efficiency in your order process by minimizing delays and back-orders, and make customers more likely to re-order through increased customer relations. This is accomplished by connecting inventory and sales orders, creating shipping schedules, tracking fulfillment, and creating reports. Order management software streamlines order processing by helping merchants capture, track, and fulfill orders across multiple sales channels (multi-channel order).
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