Warehouse management Definitions
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Industry 4.0
Industry 4.0, which refers to the fourth industrial revolution, is the cyber-physical transformation of manufacturing.
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S
SCEM (supply chain event management)
Supply chain event management (SCEM) refers to software that is used to manage events that occur within and between organizations or supply chain partners.
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smart factory
A smart factory is a highly digitized and connected production facility that relies on smart manufacturing.
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What is supply chain management (SCM) and why is it important?
Supply chain management (SCM) is the broad range of activities required to plan, control and execute a product's flow from materials to production to distribution in the most economical way possible.
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V
virtual commissioning
Virtual commissioning is the practice of using 3D technology to create a simulation model of a manufacturing plant so that proposed changes and upgrades can be tested before they are implemented to the actual plant.
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W
warehouse management system (WMS)
A warehouse management system (WMS) is 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.