Order Management System

What Does Order Management System Mean?

An order management system (OMS) is a comprehensive business tool that is used to track orders, inventory and sales. An order management system helps to accomplish order fulfillment transparently, and ideally, provides multichannel support.


Techopedia Explains Order Management System

When experts talk about why businesses need an order management system, channel proliferation is one major aspect. Businesses want to have a central portal that can accept orders and payments across all channels, while also handling inventory and order tracking. The order management system needs to work well with a back end for accounts payable and accounts receivable. Order management systems are very much in play in today’s businesses as companies modernize IT operations in a way that is scalable and supports multiple channels in a complex consumer market.


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Margaret Rouse

Margaret Rouse is an award-winning technical writer and teacher known for her ability to explain complex technical subjects to a non-technical, business audience. Over the past twenty years her explanations have appeared on TechTarget websites and she's been cited as an authority in articles by the New York Times, Time Magazine, USA Today, ZDNet, PC Magazine and Discovery Magazine.Margaret's idea of a fun day is helping IT and business professionals learn to speak each other’s highly specialized languages. If you have a suggestion for a new definition or how to improve a technical explanation, please email Margaret or contact her…