W - Definitions
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W
Warehouse control system (WCS)
Warehouse control system (WCS) is a software application for orchestrating activity flow within a warehouses and distribution center.
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warehouse management system (WMS)
A warehouse management system (WMS) consists of software and processes that allow organizations to control and administer warehouse operations from the time goods or materials enter a warehouse until they move out.
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work in progress (WIP)
Work in progress (WIP) refers to the number of tasks or projects that are currently in the process of being completed.
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working capital
Working capital is the difference between a business's current assets and current liabilities.