Test observations and results
?Tracking and monitoring orders is perhaps the most fundamental aspect of any OMS. Once an ecommerce brand grows beyond the smallest size, it needs some kind of system to handle orders. Even the most proficient, on-the-ball worker can?t keep all order details in their head.
- At heart, an OMS is about making life easier for both a brand and its customers. The correct system can create a more seamless customer experience. It can also make inventory management, logistics, and more processes far more intuitive.
The placement and handling of orders impact many other elements of your business. Every order placed and fulfilled, for instance, affects your inventory. Getting inventory management correct is vital for any ecommerce brand.
If you don?t have an accurate measure of your inventory, a range of issues can arise
Overselling ? Accepting orders for products of which you don?t have adequate stock to fulfill. Doing so leads to canceling those orders and disappointing customers.
Overstocking ? Thinking you?re short of a product and over-ordering replacement inventory. This means you waste valuable warehouse space and could get left with dead stock.
Inaccurate Forecasting ? If you don?t have accurate inventory figures, it?s harder to understand customer demand. You may miss when there?s an uptick in desire for a particular product. That could see you run out of stock when you might have pre-empted the increased demand.
Test comments