What role does Warehouse Management Software (WMS) play in inventory management?

Warehouse Management Software (WMS) is crucial in inventory management primarily because it provides real-time updates and tracking of inventory levels, locations, and movements within a warehouse. This capability allows businesses to maintain accurate stock levels, ensuring that they can respond quickly to changing demand or supply situations.

By having real-time information, a WMS helps in optimizing inventory accuracy, reducing stock discrepancies, and improving order fulfillment times. It allows for better decision-making, as managers can see the current state of their inventory at any given moment and make adjustments as necessary. This level of visibility leads to increased efficiency in operations and can help prevent stockouts or overstock situations, which can be costly for a business.

While the other options touch on important aspects of warehouse operations, they do not directly relate to the primary function of WMS in inventory management as effectively as providing real-time updates and tracking does.