Gain inventory visibility across channels to optimize omnichannel fulfillment
Make inventory visibility your competitive advantage by connecting your two biggest assets – your inventory and your customer.
Körber's Order Management System (OMS) provides visibility on inventory located across your enterprise, including stores, distribution centers (DCs)/warehouses, suppliers (dropship) and third-party logistics providers (3PLs). Optimally route and fulfill orders with customized rules that balance customer service, fulfillment speed and cost.
Customer Experience
Inventory visibility across the supply chain is key to delivering exceptional consumer experiences and enabling buy, fulfill, track and return anywhere commerce. Let improved inventory visibility take your company to the next step.
Real-Time Inventory Visibility
Create more sales opportunities and instill customer confidence by allowing consumers to view real-time stock levels on-hand across your enterprise.
Brand Experience & Loyalty
Millions of consumers worldwide are experiencing exceptional service levels from organizations that leverage Körber's OMS. We help you make and keep the customer promise, foster brand loyalty and improve the lifetime value of your customer.
With an increased need for fulfillment speed and accuracy, inventory visibility is important to improve supply chain velocity, enhance fulfillment operations, increase efficiency and exceed customer demand. The benefits of improved inventory visibility include:
1. Operation efficiency
The more automated your inventory visibility process becomes, the more labor hours you save, allowing you to allocate your resources to other important tasks.
2. Better quality control
Inventory visibility is primarily used to determine how much and what inventory is located at any step along the supply chain. However, it also allows industries with strict regulations, such as grocery or pharmaceuticals, to better track products from point to point. Inventory tracking and visibility are especially important in the case of a recall, when products must be quickly tracked down and pulled out of market before causing damage.
3. Improved forecasting and predictability
One of the main benefits of inventory visibility is that it provides accurate information to help companies improve their demand forecasting and understand how current inventory levels reconcile with expected consumer demand. This customized data allows for fewer stockouts and better inventory optimization and replenishment.
4. Better resource allocation
Inventory is often a company’s largest expense. Each product represents a portion of company money that is tied up on a shelf in a warehouse or DC. Companies should strive to have the lowest possible amounts of inventory available while still meeting consumer demand. This frees capital to put towards other goals, such as growing the business, but this can be a delicate balance to maintain as companies want to ensure they meet customer demands. Inventory visibility provides the information needed to maintain this inventory control balance and maximize company profits.
Manually tracking inventory can be time-consuming and prone to human error. Unless your organization is extremely small with limited operations, you will likely want to invest in an inventory management solution. An order management system helps to automate the inventory management process, allowing you to see everything on one single platform. This provides insight into your real-time inventory numbers any time you need them, setting you up to maximize GMROI by reducing inventory carrying costs and minimizing safety stock.