Warehouse Management Systems (WMS)
Warehouse Management Software, also known as warehouse management systems (WMS), represents one of today’s broader categories of enterprise software. There are specialized tools available such as inventory management, supply chain management and transportation management that tackle unique distribution niches. However, thanks to the broad capabilities of warehouse management system functional requirements and features, many companies adopt them to cover all their bases with one platform.
One way to think about a warehouse management software is that it provides a type of overarching “facility, packages and people” approach to warehouse operations. These software platforms manage several steps of the supply chain management process, including everything from delivery shipping to employee scheduling. They also integrate various types of analytics and business intelligence. This valuable data can be used to help company leaders fine-tune or revamp their warehouse operations processes (or even their entire supply chain). Data visibility is key to achieving a fully optimized warehousing operation, make sure these tools are part of your warehouse management system requirements.