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In the rapidly evolving world of retail e-commerce, expectations around order fulfillment are rising. According to the Baymard Institute, the average cart abandonment rate for e-commerce is high at 69.99% in 2022, with slow delivery times cited as one of the top two reasons. To address this issue, businesses need to improve their order management systems to ensure timely and efficient processing. One effective way to achieve this is through the utilization of cutting-edge technology, which can simplify the process of managing orders, reducing the time and effort required to complete each step.
So, how is cutting-edge technology applied in developing Order Management Systems? What needs to be considered before adopting? Let’s dive in and discover through this blog!
Readmore: https://terralogic.com/harnessing-cutting-edge-technology-for-retail-oms/
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