A warehouse management system (WMS) is a software solution that gives sight into a business’s entire inventory and manages supply chain fulfillment operations from the distribution center to the store shelf.

The main purpose of a Warehouse Management System is to help ensure the goods and products move through warehouses most easily and cost-effectively. The Warehouse Management system attains many functions that enable these movements, including inventory tracking, picking, receiving, and putting away. And there are four different types of warehouse management systems there are;

• Standalone,
• Supply Chain Management (SCM),
• ERP system and
• Cloud-based system

While using a warehouse management system we can easily track the product location and we can know the product availability if the product is picked up or packed. And we can track the product if the product is received or not and also the product is shipped or not etc.

Stock Management System is used to manage the goods your business plans to sell. This covers acquiring, storing, organizing, and tracking those products. Stock management is also used to keep records of changes in your inventory. Now, most companies are using this stock management system.

• To know which products are profitable and unprofitable.
• It is easy and automatic management with a stock management system.
• It mountain’s the stock level optimization.
• We can access real-time information with the stock management system.

A warehouse Management System optimizes the entire warehouse’s internal process. Within the warehouse a warehouse management system streamlines the entire warehouse process from inbound receipts to outbound deliveries improving operational efficiencies and reducing costs.