Warehouse Management System (WMS)
A warehouse management system (WMS) is software that helps manage and control the daily operations of a warehouse. This includes every aspect, from tracking inventory and ordering items to shelving and shipping products. A WMS optimizes and streamlines warehouse processes and is often connected to the software tools used across a company.
What Small and Midsize Businesses Need to Know About Warehouse Management System (WMS)
SMBs can use a WMS with automated technology to support all warehouse functions. With a WMS, operations can be improved for processes such as tracking, ordering, and receiving inventory; stocking; and picking and shipping orders.
Related terms
- Procurement
- Bill of Materials (BOM)
- Advanced Driver Assistance Systems (ADAS)
- Smart Factory
- Strategic Sourcing
- Value-Added Reseller (VAR)
- Telematics
- Supply Chain
- Vendor
- Enterprise Resource Planning (ERP)
- Supply Chain Planning (SCP)
- Scanner
- SCADA (Supervisory Control and Data Acquisition)
- Total Quality Management (TQM)
- Vendor Management
- Senpai
- Radio-frequency Identification (RFID)
- Loopback
- Total Cost of Ownership (TCO)
- Electro Mobility (e-Mobility)
