Inventory management software is utilized to track inventory levels, orders, sales processes, and deliveries. It can also be used to create production-related documentation such as bill of materials and work orders. Businesses make use of this solution to avoid overstocking of products. The benefits of inventory management software include ability to track trends, security, upgraded data, warehouse organization, enhanced efficiency, and reduced costs.
Furthermore, inventory management software never operates in a silo because it impacts sales and the company’s overall profitability. As such, it is often bundled or integrated with other key business processes such as accounting, shipping, ERP and CRM.
Do you need this software? Yes, to enhance your overall efficiency and profitability and ride on future trends as the Internet of Things (IoT), which is predicted to boost the industry by $1.9 trillion, according to a DHL study. Product cloud connectivity will speed up order-to-fulfillment-to-repeat sales cycle. Can your manual process keep up?
Furthermore, a major benefit of inventory management system is that it consolidates and centralizes various business processes. In a study by Aberdeen Group, researchers noted that improving cross-departmental workflows and collaboration is the top priority of supply chain officers.
To help you appreciate the features of reliable solutions, you need to understand first what comprise a good inventory management software.
Zoho Inventory enables businesses to automate their order and inventory management and track their delivery. It is an ideal app for eCommerce businesses of all scales. Plus, the solution integrates seamlessly with popular shipping systems and cloud retailers.
What gets Zoho Inventory a place in this article on inventory management software reviews? The main advantage is it facilitates end-to-end tracking meaning it can monitor inventory from order to delivery. Plus, the app offers mobile tracking for iOS and Android devices. Other key features are a robust reporting and analytic kit. On top of that, the app works smoothly with other Zoho solutions and with important shipping providers, online retail platforms, and external systems. The best part is you can access this software’s useful features at a cheaper rate compared to advanced inventory management platforms.
The vendor offers a great free trial plan that lets you try out all the key features first. You can easily sign up for Zoho free trial here.
Cin7 provides a complete, automated point-of-sales package and inventory management suite created to cater to the needs different business sizes and industries. Fully cloud-based, the platform offers top-of-the-line features that let you sell and distribute your products more quickly and efficiently. It connects all your inventories and lets you manage multiple sales channels in one platform, giving you a better idea of how your stores and online sales are being managed across outlets.
In addition to being an all-in-one inventory, POS, EDI, and 3PL system, Cin7 can also be integrated with more than 100 third-party applications so you can have access to all the features you need in one platform. This tool is also great for owners of online shops as it can be used alongside multiple eCommerce systems.
You can easily try its features at no cost when you sign up for a Cin7 free demo here.
Our team of B2B experts tested all the leading inventory management systems and selected TradeGecko as the best among the lot based on its key features, customization, quality of customer support and other aspects. TradeGecko offers a free trial plan that lets you test their services for 14-day at no cost.
What makes TradeGecko the top gun in our inventory management software reviews? To start, it offers an elegant interface as well as automated delivery of asset management services. Multichannel and multiregional wholesalers and distributors can use this tool to manage sales and supply chains, inventory, and customer relationships in a single platform. On top of that, the solution integrates smoothly with eCommerce and accounting systems. Plus, the vendor offers a mobile app for iOS devices and you can use Android and iOS tablets to access the product on the go.
Additionally, TradeGecko allows you to invite your buyers and sell on a private B2B eCommerce ordering platform. If you operate a physical store, you can integrate this solution with Shopify. Another advantage is each product gets an individual description page that managers can use to track stock supply and performance. Using this data, they can depict sharp sales cuts and positive trends. If the stocks run low, managers are notified by automatic reorder reminders. Finally, this app facilitates sales and order management as you can use it to process orders, send quotes, and fulfill them after getting payment.
Brightpearl is a multichannel retail management solution that companies can use to manage their important processes such as orders, inventory, accounting, reporting, and customer data in one place. Plus, the app offers real-time reports on customer buying behavior, profitability by SKU and channel, cash flow, inventory and more.
Brightpearl integrates smoothly with ekmPowershop, Bigcommerce, Shopify, Magento, eBay, and Amazon which gives companies access to many new channels to expand their business. On top of that, the solution provides built-in accounting and reporting as well as insights that go down to channel, SKU, and customer levels. To ensure accurate and timely shipments, the vendor has tied up with major shipping carriers. To sum up, Brightpearl gives companies channels, insights, and tools to make more profits.
SellerCloud is an eCommerce system designed to help online retailers. It provides automation, simplification, and synchronization tools to enable retailers to manage multichannel selling operations.
SellerCloud is an innovative solution that you can use to accomplish a range of tasks including warehouse and inventory management, publishing listing, marketplaces, order processing and shipping, accounting integration and more. The highlight is this app simplifies complex eCommerce operations enabling companies to better track and manage their online sales. Top features include Webservice API, accounting, reports, shipping, orders, multichannel, purchasing, inventory, and single entry catalog.
FinancialForce ERP is designed for mid-market organizations. The solution helps businesses resolve the the confusion that can occur when they switch from CRM to ERP systems. Employees in a company see only a part of what their customers go through. This can confuse them as well as customers because they have to contact multiple departments to resolve their queries. FinancialForce ERP is the answer as it removes the boundaries between business units by offering a unified ERP solution that is designed on the Salesforce platform.
Why is FinancialForce ERP on our list? One of the reasons is it links products, partners, employees, and customers in a single solution and provides all parties with a consistent view of the customer journey. Users utilizing FinancialForce ERP and Salesforce CRM can benefit from cross-departmental workflow, analytics, reporting, and collaborative tools including Salesforce1 Chatter. Top features include human capital management, financial management, CRM engine, analytics and dashboards, and 360° view of your customers.
Stitch Labs simplifies business, decisions, and commerce for retailers and wholesalers. It is an intuitive app that streamlines orders, data, and inventory across multiple channels. Plus, the system integrates robustly with leading commerce tools such as eBay, Amazon, ShipStation, QuickBooks, Xero and others.
What is unique about Stitch Labs? We would like to point out that it simplifies multichannel retail business. It automatically syncs orders, inventory, and sales across channels, which gives retailers a full understanding of their operations. Companies can use this app to make smarter decisions, save time, and expand their business. Finally, the platform offers sales forecasting and predictive analytics for retailers in 4- and 12- week increments to help them make intelligent decisions.
Skubana helps eCommerce websites accelerate their sales. Its modern features are used by top brands and businesses. The app is smartly designed and offers an intuitive interface. With this solution, you can save plenty of time managing your eCommerce store and use it for productive tasks.
The vendor believes that businesses should get at least 1,000 orders a month and to facilitate this they offer numerous useful features. You can learn about these features by visiting their website and signing up for demos for ordering, warehouse setup, shipping setup and more. The Skubana dashboard offers stats on fulfillment performance, low stock levels, incoming stock, and order aging that give users a comprehensive overview of the current store position. Top features include inventory monitoring, automated workflow, revenue tracking, order tracking, and analytics.
Erply is a popular web-based retail system that offers business owners the tools they need to manage their operations. The software is easy to use, stable, and affordable. It is a cloud-based, iPad-optimized POS and inventory management solution that helps retailers handle multi-store operations.
What makes Erply such a good app? One of the highlights is its robust API that retailers can use to integrate with existing solutions to centralize management. Plus, the vendor offers numerous POS applications. For these reasons, this system is utilized by 100,000 global users across multiple industries. It is a hosted software platform that is supported and managed by certified engineers. This makes installation easy, quick, and cost-effective. Key features include intuitive dashboard, custom barcodes, purchasing report, stock replenishment report, and supplier database.
What makes Sellbrite stand out among competitors? The main advantage is it enables online retailers to list and sell their products easily across multiple channels and fully manage their inventory. You can use the single simple interface to easily supervise business processes such as syncing inventory, managing listings, and fulfilling and managing orders.
Sellbrite offers cross-channel intelligence that online retailers and merchants can use for successful selling. Plus, it integrates deeply with popular shopping carts and online marketplaces such as ShipStation, Etsy, eBay, Amazon, Magento, Bigcommerce, and Shopify. This makes it simple and smooth to list and sell your stuff online. Top features include easy imports, channel flexibility, multiple accounts, multichannel, and listings.
Unleashed Software is an inventory management app used by thousands of companies in over 80 countries. It offers suitable features for individual entrepreneurs and small traders as well as large enterprises with massive business targets. Businesses can use this software to accurately manage their inventory in real time and also to get dynamic inventory information to make smart business decisions.
What benefits can you expect from Unleashed Software? To start, you can get real-time data related to your items and use the smart dashboard to gauge your business’ performance. Second, you can control your stock totally and get actionable insights through real-time updates of your profit and loss. Plus, you can track your stocks across multiple warehouses and locations in different cities, states, or countries. On top of that, you can carry out transactions in any currency. Finally, the system allows you to customize your documents.
Ordoro offers built-in inventory management features and smart shipping. The software is thoughtfully designed and helps sellers efficiently manage orders on their online store. It automates and error-proofs tasks such as inventory management, dropshipping, and shipping.
Ordoro is affordably priced and offers a host of features to help businesses improve the overall eCommerce experience. You can use the robust API to integrate the solution with leading online sales channels and ship orders effectively with leading carriers. The system allows users to compare rates between shippers. If you have negotiated rates with Fedex or UPS, the solution automatically pulls in these rates into your account. Top features include built-in kitting, unified inventory, flexible label printing, cheaper shipping rates, and comprehensive shipping options.
Dear Inventory is a complete inventory management solution that you can use to manage your stock and orders. It is an all-in-one system that you can utilize to fulfill your company’s needs. The best part is you can use its features to manage your products, customers, and suppliers in an organized manner.
Why should you choose Dear Inventory? For one, it helps you to manage finances and payment history and you can track all past payments to get a fast analysis of your business growth. On top of that, the app tracks and manages your purchases and sales accurately and enables you to explore new business prospects to take your company to greater heights. Main features of this solution include organized inventory control, efficient customer management, systematic order tracking process, detailed history of all the suppliers, and finally, management of purchases done for the business.
Infor SyteLine ERP helps manufacturers to accelerate their process and deliver more goods with the same high quality. This system is used by more than 5,000 manufacturers around the globe to speed up their production and meet customer expectations.
Infor SyteLine ERP offers smart features to help manufacturers spot and resolve important business challenges. The advantages of this platform are you need to maintain fewer IT resources, short implementation time, and lesser need for customization. Businesses can benefit from this setup as they can get quicker returns on their investment and significantly reduce total cost of ownership in the long run. Top features include materials and inventory management, product control, product configurator (PCM), business intelligence, advanced planning & scheduling (APS), order management, and customer service.
Handshake is a wholesale sales order management application that you can use to receive and write orders using the Web, iPhone, and iPad. This package is utilized by sales professionals around the world to sell B2B services and products from their catalog, manage customers, and fully streamline their order fulfillment process.
What makes Handshake a preferred app among consumers? One of the main features is it is a widely used sales order management system for wholesale. Plus, the vendor provides mobile apps for field sales and B2B eCommerce tools to brands. Wholesale brands can use this platform to provide a modern sales experience to their customers, use customer data to sell more products, enhance order fulfillment times, and eliminate human error from the sales process. Main features include interactive quotes, barcode scanning, custom branding, offline access, instant sync, and order writing interface.
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