Glossary of Terms

What is an Order Management System?

Order Management System Definition

If you're running an ecommerce business, you know how important it is to have a robust system for managing orders. An order management system (OMS) is a software application that allows you to automate and streamline your order processing.

It enables you to track customer orders from start to finish, including inventory management, order processing, order shipping, and delivery confirmation. With an OMS, you can automate tedious tasks like order status updates, communication with customers, and generating reports.

Order Management System Definition

By implementing an order management system, you can improve the efficiency of your order processing, reduce errors, and enhance the overall customer experience.

Related terms

Product Information Management, or a PIM, is a powerful tool that centralizes all of a company's product data into one system.
A Vendor Management system keeps track of vendor-related activities in one place.
The payment orchestration layer is a technological layer that helps manage the complex and varied processes involved in moving money from one place to another.
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