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WMS for Dummies: Deciphering Common Acronyms

WMS can benefit B2B companies in so many ways, including web-based ASNs, ARNs, and even EDIs. IT isn’t a requirement for a successful FIFO business; contact ASPGS should you require an RFI.

Did that sentence completely baffle you? You’re not alone. Having a high-quality WMS to manage your warehouse is a huge plus, but it’s not good for much if you don’t know how to decipher what’s going on behind the scenes. We have broken down the most common acronyms in the wonderful world of WMS—ahem—Warehouse Management Systems.

WMS: Warehouse Management System

A high-end WMS is crucial to a well-run company. Using the most advanced software available, it tracks everything about every single customer, constantly and accurately.

3PLs: Third-Party Logistics Providers

A 3PL is a firm that provides services to its clients of outsourced services. Warehouse management for third-party logistics providers – be it a single site or a multi-client/multi-site operation – is complex but doable.

B2B: Business-to-Business

B2B is shorthand for business to business. B2B is shorthand for business to business. Simply put, it means one company has products and/or services that are, in turn, marketed to other businesses that need them.

B2C: Business-to-Consumer

The final customer is the consumer with a B2C business, meaning the sales cycle is much shorter. The middleman isn’t needed.

SaaS: Software as a Service

SaaS is a method of software delivery that allows data to be accessed from any device with an Internet connection application.

Ad Hoc Reports: As the occasion requires

Ad-hoc is Latin for “as the occasion requires.” SphereWMS’s Ad Hoc Reports provide self-service access to data your company needs to make well-informed decisions, reduce risk, and increase productivity. Translation: We provide an easy-to-use system that frees you from the hassle of internal or external IT department.

RFI: Request For Information

If a potential client makes a RFI, you better act fast! Most likely they are trying to compare notes on suppliers, and you want to prove that yours is unsurpassed.

EDI: Electronic Data Interchange

If you are a successful company, you know that manually entering data takes much too long. EDI allows you to communicate with customers using common platforms such as XML. It actually allows you to connect your own WMS to your customers’ systems.

WLAN: Wireless Local Area Network

A WLAN is a wireless computer network that links multiple devices within a particular area, such as your company’s office building.

ASNs: Advance Shipment Notices

Also referred to as an Advance Ship Notice, these are basically a notification that a delivery is pending. (It’s similar to a packing list.)

ARN: Advance Receipt Notice

SphereWMS goes the extra mile with this feature-An ARN lets the recipient know that their product has been received, processed and put away in the most efficient way possible.

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