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The growth of eCommerce is constantly changing the way international trade works. With 2.71 billion people shopping online globally as of 2024, 33% of the world's population is hooked to multi-channel eCommerce experiences. For companies, this translates into a constant struggle to maintain orders from various eCommerce channels and other sources to ensure they reach consumers on time. This is where the world’s best order management systems come into play.
As businesses scale and grow, multiple functions and departments come into being. Managing all the different functions of a growing business requires strategic planning and management. This is where top ERP systems come into play. An enterprise resource planning and management software will help all your teams manage several tasks in an organized manner. Modern ERP systems further leverage Web 4.0 to ensure connectivity across all functions and systems, providing businesses with one central hub where all activity can be monitored and managed.
As eCommerce continues to grow, businesses, small or large, need multiple ways to both manage sales and inventory for online stores and offline. Thanks to omnichannel driving the way forward, eCommerce is becoming as important as actual retail stores when it comes to revenues and profits. In this competitive environment, companies must constantly ensure customer satisfaction and retention. This is where order management systems play a vital role.
Enterprise Resource Planning systems are the crux of modern business operations, specifically in supply chain and logistics. Modern businesses use these digital solutions to bring efficiency in processes as diverse as inventory management and warehouse operations to order fulfillment and transportation. According to a survey, as many as 49% of companies have improved all their business processes due to ERP implementation.