WAREHOUSE MANAGEMENT SYSTEM (WMS) IN RETAIL LOGISTICS.

Retail expansion through various eCommerce platforms transforms traditional logistics operations. To keep up with the rising market demand, retailers focus on implementation of the Warehouse Management System (WMS). By implementing WMS in their business operations, retailers consider the three aspects of goods: right quantity, at the right place, and at the right time. WMS enables the creation of a competitive advantage for retailers. WMS's capability of comprehensively connecting warehouse management processes affects the flow of goods. The analytic benefit of the WMS is the ability to provide real-time information for retailers. With real-time monitoring of their warehouse operations, retailers can control the cost of their goods. Implementing WMS presents a challenge, due to its commercial and technical aspects. From the commercial aspect, it presents a profitable opportunity for a better placement of goods on the market. Furthermore, there is the possibility of potentially higher return on investment. There are certain technical challenges in implementing WMS that may present a concern for retailers. The WMS, during its implementation, integrates with the current operational system. If it is not integrated properly, it may result in the interference with the current operational system. Ultimately, it could disturb the flow of business operations and goods. The goal of this analysis study is to present the advantages of a highly functional WMS. It will also explore and present helpful guidelines for the WMS implementation in retail businesses. The analysis will emphasize the separate phases of WMS integration and the outcomes of each action. This paper will enhance the understanding of WMS and present its contribution in improving everyday warehouse management processes. It is essential to approach investing in WMS as a risky management strategy due to its complex technology. Adaptability to WMS presents an integral value to secure the continuity and resilience of retail business operations. [ABSTRACT FROM AUTHOR]