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Order Management Systems (OMS) are software applications that manage sales order processing. An OMS application typically manages processes that involve order entry, customer credit validation, pricing, promotions, inventory allocation, invoice generation, sales commissions, and sales history. These systems are often highly complex because they support the fundamental sales rules that are at the heart of a company's competitive position in the market place.
Distributed order management (DOM) systems are different from order management systems (OMS) and there is general market confusion about this difference. A distributed order management system manages the assignment of orders across a network of multiple production, distribution and/or retail entities to ensure that logistics expenses or customer service levels are optimized, based on a configurable hierarchy of inventory allocation rules. Distributed order management systems do not replace the need for an order management system, however some OMS applications can provide a basic level of distributed order management system capabilities.
An order management system is typically deployed as part of an enterprise application (ERP, MRP, DMS) because it is the sales engine that is integrated with the company's inventory, procurement and financial accounting systems. Some companies have deployed best of breed OMS applications that interact with other best of breed applications Either way, the OMS is one of the more complicated and functionally rich applications that a company deploys because it impacts all aspects of the customer service experience.
MWPVL International understands the unique distribution complexities associated with vertical markets and industries because we have worked with many companies to identify the important details that translate into their competitive advantage. MWPVL International has also cultivated an in-depth understanding of the application software market to ensure that our clients know which OMS applications are most suitable to their size of business and industry vertical.
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MWPVL International Inc. is a full-service global Supply Chain, Logistics and Distribution Consulting firm. Our consulting services include Supply Chain Network Strategy, 3PL Outsourcing Strategy, Distribution Center Design, Material Handling Systems, Supply Chain Technology Advisory Services (WMS, TMS, LMS, YMS, OMS, DMS, Purchasing, Slotting ), Transportation Management, Distribution Operations Assessments, Warehouse Operations Consulting and much more.