The market for 'In-Store Logistics Systems' is emerging and growing. Increasingly, retailers are using store inventory to support online order fulfillment. The key benefits of in-store logistics systems are to manage the fulfillment (picking, packing and dispatch) of online orders at scale within a store environment so that consumers experience an optimal level of on-time and complete fulfillment of their orders, whether being collected in-store or shipped to them from the store. Gartner defines the scope of in-store logistics processes as consisting of seven key functional capabilities which are product receipt, product put-away, inventory management, sales floor replenishment, picking optimization, packing optimization and dispatch process.
Reviews for 'Supply Chain Management - Others'
Gartner defines a warehouse management system (WMS) as "a software application that helps manage the operations of a warehouse or distribution center (DC)." WMS applications offer capabilities such as receiving, put-away, stock locating, inventory management, cycle counting, task interleaving, wave planning, order allocation, order picking, replenishment, packing, shipping, labor management and automated materials-handling equipment interfaces. These systems incorporate mobile devices along with bar code and, possibly, RFID scanning/sensing to form the transactional foundation of a WMS. Gartner includes integrated functionality what we refer to as extended WMS capabilities as components of a WMS evaluation. These include labor management, slotting, yard management, voice picking, parcel manifesting, value-added services, light manufacturing/kitting and third-party logistics (3PL) billing. We do not, however, consider stand-alone solutions in these areas as part of this market