Supply chain
efficiency . However , with customer needs continually evolving , retailers are realizing that it is no longer good enough to be able to simply speed up their supply chain processes .
Retailers need to be able to remain agile to consumer needs . By deploying the latest innovative solutions - such as automated order management systems ( OMS ), inventory control software , and even reporting and analytics tools - retailers can enhance visibility across their wider retail functions and provide more options to their customers , such as buy online pick up in-store ( BOPIS ) and buy online return in-store ( BORIS ).
Retailers must harness the power of these solutions that communicate in real-time . With real-time information , retailers can make informed decisions related to their supply chain functions , from order fulfilment , stock procurement and item distribution to returns .
Q : Real-time and automated OMS can help retailers become more efficient . Today , there are many different order management and inventory control solutions available . How can retailers choose the best suitable solution for them ? There is no one-size-fits-all solution , and the technology retailers deploy should be based completely around their actual requirements . However , there are a number of factors that they must consider when procuring order management technology . It is essential that retailers ensure that the solution functions within real-time and enables them to automate their operations . Moreover , to drive maximum value , retailers should look for solutions that provide customized recommendations based on trends and historical performance as this can allow them to make more effective decisions quicker .
The next factor to consider is integration . An effective omnichannel strategy is hugely important in today ’ s retail environment . With an integrated OMS that communicates
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