The Warehouse Management System market is predicted to grow at a CAGR of 15.3% from 2021 to 2028. The software helps different industries such as manufacturing, food and beverage, healthcare and other industries across the world. The advantage of this solution- it streamlines the process, helps users make the right decision and accelerates the delivery of a product.
WMS is useful in the current scenario, where businesses face a disrupted supply chain due to COVID-19. The solution facilitates organizations to manage the inbound and outbound goods. The 3PL industry or the third-party logistics industry is driving the usage of the WMS. The major reason why this solution is popular in the industry- efficient order management and systematic flow of operations.
The other factor leading to an increased usage of the software is many enterprises plan to enter new markets. The pandemic has opened up doors of opportunities for these businesses to meet the growing customer needs of online goods purchase. Therefore, organizations have now integrated the WMS software in their business process so that they can make the entire operation smooth and efficient for the benefit of all- the buyer and the brand, leading to good results.