Warehouse Management Systems (WMS) include software and processes that help in managing and warehouse administration by optimizing its resource utilization, including warehouse space, equipment, labor, inventory flow, material handling equipment, and such others. WMS software improves warehouse productivity by effectively managing the day-to-day operations, including planning, organizing, staffing, directing, and controlling the utilization of available resources. The key functions of WMS software include standardizing the process for stock receiving and its returns, optimizing inventory levels through tracking stock inventory by its location, manufacturing date, supplier details, low code, and others. Further, it includes the seamless integration of order processing & logistics; and modeling & managing the logical representation of the warehouse facility.
The role of the WMS is to help users manage the fulfilment, shipping and receiving tasks in the warehouse or distribution center, such as picking goods from shelves for shipment or putting received goods away. Its role in inventory is to track the inventory data that comes in from barcode readers and radio frequency identification (RFID) tags and update the inventory management module in the ERP system to ensure it has the latest information. An integration link synchronizes the inventory data that is stored in the ERP system and the WMS
Quadrant Knowledge Solutions conducted an in-depth analysis of the Warehouse Management System (WMS) solutions vendors by evaluating their products, market presence, and value proposition. The evaluation is based on primary research with expert interviews, analysis of use cases, and Quadrant’s internal analysis of the overall Warehouse Management System (WMS). This study includes an analysis of key vendors, including BlueYonder, Consafe Logistics, Deposco, EPG Ehrhardt Partner Group, Generix Group, Infor, Körber, Made4net, Manhattan Associates, Mantis, Mecalux, Microlistic, Oracle, Ramco System, REPLY, SAP, Softeon, SSI SCHAEFER, Synergy Logistics, Tecsys, and Vinculum
According to Kumar Anand, Analyst at Quadrant Knowledge Solutions, Warehouse Management System (WMS) is a software application that facilitates the management and optimizes end-to-end warehouse operations for effective movement of goods within a warehouse. The software provides organizations complete, real-time visibility into inventory, allowing them to understand the status of the order fulfilment process and formulate compelling fulfilment strategies.
Table of Contents
Executive Overview
- Key Research Findings
Market Overview and Technology Trends
Factors Influencing Technology Development and Market Growth
Market Adoption Trends
Competition Landscape and Analysis
- Competitive Overview and Analysis
- Factors and Technology Differentiators
SPARK Matrix™: Warehouse Management System
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