Warehouse Management System (WMS)

Warehouse Management System (WMS)

Software designed to manage and optimize warehouse operations, including receiving, storing, picking, and shipping inventory. WMS provides real-time visibility into inventory levels, improves order accuracy, and streamlines warehouse processes for increased efficiency and productivity.

Related Terms

Incremental Sales

Refers to the additional units of a product sold to retailers or consumers directly attributed to

Average Price

Weighted average of actual price and promoted price for an item. It does not take into