Warehouse Management System (WMS)
LogisticsDefinition
A software solution designed to optimize warehouse operations and inventory management.
Detailed Description
A Warehouse Management System (WMS) is a key part of the supply chain and primarily aims to control the movement and storage of materials within a warehouse and process associated transactions, including shipping, receiving, putaway, and picking. The systems also direct and optimize stock putaway based on real-time information about the status of bin utilization. WMS can be a standalone application or a part of an Enterprise Resource Planning (ERP) system.
Key Features
- Inventory tracking
- Order management
- Order picking and packing
- Real-time data and reporting
- Receiving and putaway
- Shipping and logistics integration
- Stock replenishment
Common Modules
Inventory Control
Module for tracking and managing inventory levels, locations, and movements.
Order Fulfillment
Tracks the picking, packing, and shipping of orders.
Receiving Module
Manages goods receipt and ensures inventory is accurately accounted for.
Shipping Module
Handles the processes related to shipping goods to customers.
Popular Implementations
Oracle WMS Cloud
A cloud-based solution offering scalability and adaptability to changing business needs.
SAP EWM Implementation
SAP Extended Warehouse Management (EWM) as an advanced offering to manage complex logistics and improve warehouse efficiency.