VFSMS is a visual floor space management system that allows users to maximize the return on real estate investments. It provides a graphical interface to link floor plan drawings with organizational database information. This allows users to interact with space and inventory data, run customized queries, and visually display the results on the floor plans. Implementing VFSMS can help reduce costs by optimizing space utilization, inventory levels, and other overhead expenses. It has benefits like complete floor space visibility, better resource management, and cost reductions.