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

Merchandising

It includes the comprehensive strategies and practices retailers employ to promote and sell products to customers

Gross Margin

The difference between the revenue generated from sales and the cost of goods sold, expressed as

Club

Also called a warehouse club, it is a membership-based retail outlet offering a wide selection of