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Top 3 Inventory Management Solutions: Comparison of Vend, Zoho Inventory and Cin7

Zoho Inventory: No. 1 Inventory Tool

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The list of software components critical to the success of today’s businesses is indeed a long one, which is why it makes sense to look at automated systems holding the highest positions. In this case we’ll take a look at inventory management software comparisons featuring three top solutions:

While some of you may still think that managing inventory on spreadsheets (or not managing it all) is an effective way to save money, you may as well consider the money and time spent on combining warehouse data.

There is no company that wouldn’t benefit from an automated inventory management system, be that a local store or an international service provider. They should all be looking at systems that will stop overstock products from spoiling, eliminate hidden storage costs, and keep customers promptly served and satisfied. What is even more important is that businesses can rely on their inventory management tools to make accurate predictions for the future, and order just the right number of items they expect to sell. Modern inventory systems will also scan barcodes, track the movement of orders, and arrange shipping services, which makes them more than desirable in any success-oriented company.

How to choose the best inventory management system? There is no universal rule to follow here, and you should instead be looking at the specific needs of your company. In order to make the list of suitable alternatives a bit narrower, we’ve listed three of our top rated inventory management solutions we believe match almost every business scenario:

Top 3 Inventory Management Software

1. Vend

Cloud-based point-of-sale and retail management platform Vend is designed to help retailers manage their inventory. It allows users to operate their businesses online, in-store and even while on the go. Vend’s core functionalities revolve around inventory management, customer loyalty, eCommerce and analytics. The system, which is built to run on iPad is popular among businesses for its flexibility, able to support mouse, keyboard and touchscreen systems. It can boost product management, track and organize customer data while dashboards provide clear views of products and sales.

The vendor offers a great free trial plan that lets you try out all the key features first. You can easily sign up for Vend free trial here.

The solution is highly customizable, with the POS screen easily modified so as to be able to access key items and processes. It is designed to run with existing business systems, equipment and hardware, which include barcode scanners, receipt printers and cash drawers. Vend is easy-to-use, all that is needed is a web browser on any device. It is quite flexible and can be used in other businesses such as food service. This highly scalable solution can grow with businesses. Premium functionalities are also available as the vendor offers value-added options.

For product variants and composites, Vend lets you create multiple product sizes, colors or any variations you need, and edit them all in one view. You may bundle products together to form new products like gift baskets, or split one product into many like wine by the bottle or glass.

2. Zoho Inventory

Zoho Inventory belongs to the reputable Zoho suite of business and productivity apps. It automates and streamlines order and inventory management processes of fast-growing businesses.If you’re a promising startup or with a vision of expanding the business exponentially, Zoho Inventory scales to your sales and order fulfillment without a hitch. For starters, it offers a free edition for two users and covering up to 20 online orders and shipping labels per month. It’s a great deal to immediately enjoy the benefits of this solution.

Notwithstanding its rich feature set, covering functionalities from managing orders to shipping, the system is agile, its simplicity in letting you add modules as your requirements grow is a breather in today’s disruptive business landscape. Hence, Zoho Inventory is a must-have system, our top choice for small and medium-sized businesses.

Consider its end-to-end tracking that gives you complete visibilty of items from order to delivery. It also lets you add more sales channels via its integration with Amazon, eBay, Etsy and Shopify. Meanwhile, you can create and manage Purchase Orders and Sales Orders in minutes from a single platform. You can also move stocks between warehouses and keep a centralized control point. This feature is handy in, for instance, juggling branch resources when faced with sudden localized stockouts.

Moreover, Zoho Inventory isn’t siloed. It integrates with important systems such as shipping services, accounting and CRM. You get to build a solid technology stack that syncs your logistics, orders, customers and finances.

To find out how this solution can spur your business growth, sign up for a Zoho Inventory free trial here.

3. Cin7

Cin7 is a complete, automated point-of-sales package and inventory management suite created to cater to the needs different business sizes and industries. Completely cloud-based, this 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.

Aside from 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.

For your peace of mind, Cin7’s parent company Datum has over 10 years of experience in the marketing and eCommerce industry. They have designed more than a thousand websites for its customers and is trusted by some of the best brands in the world until today

Having won the Vero Award for Excellence, Cin7 evolved as a part of campaign by Datum to address the needs of businesses in ecommerce industry. Since then, the software has been a great help to companies bringing all their branches and outlets to one platform with a highly equipped software.

You can check the solution closely when you sign up for a Cin7 free demo here.

Comparison of Inventory Management Features

A good inventory management system does more than just oversee the movement of items in and out of your inventory. It helps you keep stock costs down and optimize your cash flow. This is where Vend excels. Its simple, transparent order management allows you to have your most popular products consistently in stock. With its Periodic Automatic Replenishment (PAR) feature, you could define a certain level of stock on hand before you need to reorder items. You can set that up for one or multiple stores. Not only that, it will also give you persistent warning notification until you acted on the inventory issue.  Zoho Inventory also does well on inventory management, giving you end-to-end tracking that lets you stay on top of your items from order to shipping, which helps you prevent overstocking or understocking that are both costly.

Stock notification from Vend ensures you don’t run out of an item at hand for your clients.

As for Cin7, it lets you see and track stock levels in real time across your business, allowing you to manage stock over multiple branches. With smart buying and reordering, you can create a purchase order based on sales orders when there’s no stock to fulfill an order. Products can be grouped based on preferred supplier to make ordering stock easy.

We proceed to warehouse management, an area where Zoho Inventory offers multi-warehouse management in real time. Enabling multi-warehouse will unlock the Transfer Orders module with which you can send and receive goods from one warehouse location to another. You can define a warehouse as a primary warehouse, or delete ones according to your needs. Alternatively, you can just mark a warehouse as active or inactive instead of deleting it altogether.

Zoho Inventory enables you to spread out your stock: simply distribute your stock across multiple regional warehouses and fulfill your orders as soon as customers place them. Having regional warehouses means that you can save on shipping costs and require less warehouse labor. You’ll want to consolidate your stock across warehouses. Your items need to go out to different locations, but you can keep track of them all from a single central point. Zoho Inventory lets you synchronize sales across multiple warehouses and manage drop shipments, inter-warehouse transfers, and back orders with ease.

Creating new warehouse in Zoho Inventory

For Cin7, its centralized warehouse management software lets you commit to faster order fulfillment through improved stock visibility and a way to connect with your sales channels via fully integrated, scalable system. Its Mobile Pick’n’Pack lets you save staff time and as it completes processes for branch transfers that staff would usually have to do manually. Warehouse staff can see new orders pop up in real-time. The app enables staff to find stock, print shipping labels and enter tracking codes. Stock figures are updated instantly on the app.

Zoho Inventory shines in drop shipment, allowing you to mark a sales order for drop shipping and raise a bill for it. Once your fulfilling vendor confirms delivery, you can record the payment for the bill and Zoho Inventory changes the status to Fulfilled. 

Zoho Inventory drop shipping tool.

In the area of B2B commerce, Cin7 easily lets you connect your warehouse to your sales channels, something that is previously a daily huge challenge when you want to check and sell warehouse stock directly. Going about your B2B ecommerce store is quick and easy with pricing, products and stock levels all linked to your inventory so they are always up to date. This converts to having your doors open to wholesale customers 24/7.

Aside from integrating with leading partners, Vend lets you open new online store in minutes or connect existing ecommerce stores to Vend with a complete sync of products, inventory, customers and sales. Its multi-channel inventory syncs in real time across locations and systems. You can say goodbye to double entry as you manage a single catalog across online and offline channels and choose which products to sell online in the click of a button.

As a well-equipped multi-channel inventory software, Zoho Inventory manages, controls and measures multi-channel selling from one place. It has you well covered in the area of partnering with the biggest names in ecommerce, allowing you to expand your reach in no time. Within a few clicks of the mouse, you can adjust inventory quantities across all channels when an order is received from an integrated sales channel. To manage orders, you can monitor and fulfill orders from different channel from the same central place, improving efficiency and letting you fulfill orders promptly.

Comparison of Integrations

Tapping into a larger retailers’ customer base is a fast and cheap way to grow your business. Many large retailers order via EDI. Cin7 provides direct EDI connections so that you can easily start selling to larger businesses and all you need to do is build the relationship.

Cin7 integrates with the major marketplaces like Amazon, eBay, Joor, Magneto, Shopify, Walmart, or accounting software like QuickBooks and Xero among others. For third-party logistics, you have a choice of DHL, Fullfillment by Amazon, Mainfright. For shipping, there’s Shippit, ShipStation, StarShipIT or Shiptheory. To make your inventory an integral part of your marketing strategy, Cin7 works with Salesforce, Google Shopping, Capsule or Mailchimp. In the all-important area of payments, the platform offers PayPal, TransferMate, Payment Express or Tyro among a list of others.

Similarly, Zoho Inventory integrates with the leading marketplaces eBay, Shopify, Magento and Amazon. Likewise, both solutions connect to a wide range of shipping providers, payment gateways, accounting and CRM platforms.

Specifically, Zoho Inventory works with dozens of shipping providers in the U.S., Canada and Europe. It also networks with international shipping carriers. As for payment gateways, it integrates with the top ten solutions including PayPal, Stripe, WePay and Authorize.net.

As for Vend, it works seamlessly with such leading platforms as Shopify, Vortex, Rocketspark, Ecwid, QuickBooks Online, Collect – Loyalty/MailSync/Offers, Lokad for forecasting and reporting, Unleashed for wholesale management, Resurva, Timely and Chronogolf for scheduling, Deputy for staff management, or Xero for accounting.

Comparison of Mobile Support

Through the popular connector AppDirect, Cin7 is able to work on both iOS and Android. As cloud-based solutions, Zoho and Vend are easily accessed on any device platform. Zoho Inventory and Vend both are natively implemented in iPad, with Zoho Inventory releasing an Android version soon. Cin7’s connector-provided iOS and Android implementation lets you track your inventory, create quotes and process sales in real-time with its flooring inventory and POS software.

Comparison of Customer Support

Cin7 offers support articles through its knowledge database. Alternatively, you may contact its agents through both email and live chat. For phone and personal support, the vendor has offices in the US, New Zealand, Australia and the UK.

Vend provides a FAQ page, 24/7 customer support, live chat, or you may drop them a message through a submission form in their website. If you wish to contact them in person or phone, you may access their offices in the US, the UK, Australia, Canada and New Zealand.

Zoho Inventory provides an online user guide to help you gain in-depth knowledge of its features, customization and implementation procedures. FAQs in its extensive knowledge base have detailed answers to common queries about the product. You may request a feature or join millions of other users in forums, webinars and blogs adequately provided. There is also a comprehensive business guide meant to help you grow your business successfully, as as well as standard email, phone, live chat help available 24/5.

Comparison of Pricing

Zoho Inventory tops this category with a free app for two users. The freemium, however, is limited to 20 online orders, 20 offline orders and 20 shipping labels per month and you can only manage one warehouse. But that should be enough for any business that wants to level up inventory. That said, the solution still has the most affordable paid plans, starting at $29 per month.

Vend is available in three pricing packages. If you choose so, you may start with its 30-day free trial to test all its features as you can even choose what type of retailer you are from cafe and restaurants to fashion and lifestyle retail, among others. Vend’s pricing plans start with the Lite version for $99/month ($119 billed monthly), good for one outlet. The Pro version for up to five outlets and unlimited turnover comes in at $129/month ($159 billed monthly). You need to contact Vend to get a quote for its Enterprise plan, which is good for more than six outlets and unlimited turnover.

Cin7 provides a Starter, Business, Professional and Enterprise plans. The Starter could set you off at $299/month, but Vend encourages you to request a quote and talk with their reps to better assess the right plan for you.

Comparison of Security

As part of the Zoho suite, Zoho Inventory leverages the company’s comprehensive set of security protocols. It has in place physical security (secure datacenters), network security using  TLS 1.2 protocols, control and audit and sliced down operating system to minimize risks, among others. The global provider also employs power and internet redundancy, geo mirroring and back-up systems to protect your data during disasters.

Cin7 is fully GPDR compliant. Its Transparent Data Encryption (TDE) ensures sensitive data is encrypted at rest, supporting clients who wish to take advantage of the technology. Being hosted by Microsoft Azure, Cin7 benefits from the same 99.9% guaranteed availability to deliver high levels fo redundancy and availability to its clients.

At the onset, Vend provides clients a downloadable primer on POS security to help its clients protect their businesses from hackers and fraudsters. The same clients can choose to access the primer content online.

Pros & Cons

In summary, Vend takes the crown in this series of feature comparisons with its highly accessible platform, streamlined  feature sets, robust inventory management and deep insights and comprehensive reporting.

Zoho Inventory is strong in the area of more focused inventory management. It  slightly edges the other two applications in ease of use and UI simplicity. Its drop shipping feature is one quite popular among ecommerce retailers.  You can rely Zoho Inventory to arrange products in neat and modern mobile catalogs, manage inventory end-to-end and accurately forecast upcoming sales.

Cin7 has plenty to offer to its users, among which is the excellent way it streamlines workflows. It also ranks high in both inventory management automation and stock and cost visibility.

VendZoho InventoryCin7
PROS
  • Accessibility of platform
  • Streamlined POS solutions
  • Robust inventory management
  • Deep insights and comprehensive reporting
  • Reliable customer management
  • Agile ecommerce platform
  • Free app
  • Order-to-shipping tracking
  • Multi-warehouse management system
  • Drop shipping
  • Extensive native integration within Zoho suite
  • Neat UI
  • Streamlines your workflow
  • Automates inventory management
  • Excellent stock and cost visibility
  • Solid inventory management
  • Optimized financial tracking
  • Allows you to make data-backed decisions
  • iOS and Android implementations
CONS
  • No Android app
  • No android app
  • No free plan

 

Category: B2B News

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