order management cycle in ecommerce

order management cycle in ecommerce The order management cycle in e-commerce refers to the entire process that starts when a customer places an order and ends when the product is delivered. It involves several key stages, including order placement, order processing, payment verification, inventory management, picking, packing, shipping, and delivery. An efficient order management cycle helps streamline operations, ensuring faster fulfillment, improved customer satisfaction, and reduced operational costs. E-commerce businesses utilize various software systems to automate and optimize this cycle, ensuring that each stage is completed promptly and accurately.