Retail industry is undergoing rapid transformation with digitization and today Omni-channel is no more an upcoming trend, but the new norm in the industry. Today, customers expect to interact with businesses anywhere, anytime. Customer experience is now turning to be the key brand differentiator for businesses.
Enterprise retailers are struggling to manage the complexities of their growing multi-channel operations. Many currently operate with less effective order management and fulfillment systems which turn out to be a major stumbling block for delivering seamless customer experience.
In order to address these challenges, Order Management Systems (OMS) are becoming Omni-channel sales platforms whether it’s in-store, on the phone, via mobile or online.
Changing Role of Order Management System (OMS)
New age digital customers expect a wide range of order fulfillment options – buy online and pick-up in store, buy from home and pick up in store and so on.
A few of the OMS features that can help transform processes for businesses and enable seamless customer experience are listed below:
A holistic order management system needs to have the best of breed order fulfillment capabilities, order processing and real-time view of the systems across any stage of the order, reverse logistics and order orchestration capabilities. ValueLabs’ VeOrderManager is an exclusive Oracle Cloud enabled solution in this area and can be leveraged by retailers to enhance their market position.