One of the most important aspects of warehouse management is maintaining accurate inventory counts. It sounds simple but with the multitude of potential errors that can take place in a shipping operation, keeping inventory counts correct is an ongoing battle. One that must be fought proactively. Continue reading
For third party fulfillment centers and multi-channel merchants, having an efficient order management system is a must. An OMS functions as the core of your business through which each order must pass. The first requirement of any order management system is to have the ability to enter orders. Although smaller volume merchants and vendors who take orders on the telephone would manually key orders into the system, most companies will be forced to handle orders that come from a very important source…the e-commerce shopping cart. Continue reading
1. Don’t get bogged down with too much inventory
It is common to be afraid of running out of inventory. Completely depleting your stock can lead to loss of sales and customers. But overstocking can use up working capital and diminish profits. Storing excess inventory adds to the expense and can offset volume savings. Once you are in possession of the product, it is exposed to age, damage, expiration and shrinkage. The end result can be selling it off at doscounted rates or simply liquidating the goods. Continue reading
OMS is an acronym that you often hear if you are in the fulfillment or direct response industry. What does it mean exactly? Let’s start with what it stands for. OMS is short for Order Management System or Order Management Software. According to Wikipedia, OMS is defined as computer software systems used in a variety of industries for order processing and management. Another common title for this type of software is ERP (Enterprise Resource Planning) . Continue reading
Does your company manage a high volume of orders on a daily basis? Is your order management system (OMS) making the process easy on you? Can everyone involved with the order flow access your OMS to enter orders or make adjustments? Perhaps the problem is that your OMS is not web based. With the growing trend of software as a service (SaaS) has come a lot of flexibility and scalibility for companies in all different industries. The order management and warehouse management software market has now caught on and there are options for web based order managament systems that allow companies this tremendous advantage. Continue reading
Thank you for visiting the CIO Direct blog. Here you will be able to find information about the CIO Direct software including new capabilities and old capabilities that you may not be utilizing. We will also be posting industry news for the order management and warehouse management industries.