If you are looking for a modern way to manage inventory of your business, then an inventory management software is a perfect solution for you. Long gone are the days of spreadsheets or pencil and paper.
By carefully managing inventory, you can increase the profitability of your business. With the help of a good inventory management software, you can keep track of what you have and avoid the issues like overstocking.
There are various options in the market for inventory management software; choosing the right one is the key.
However, this process can be tiring, so here are some of the best options for inventory management software in the market which you can consider:
- Zoho inventory
- Cin7
- Retail express
- Ordoro
- Veeq
- inFlow
- Unleashed
- Finale inventory
Zoho Inventory
This is the best inventory management software for small businesses. Small businesses can manage orders and track the status of shipments with its mobile app, which is available on both Android and iOS devices. Here are some top features of Zoho inventory:
- Order management
- End-to-end tracking
- Warehouse management
- Accounting integrations
- CRM integrations
- Shipping integrations
Here is an overview of plans and pricing for the Zoho inventory:
- Free — $0
- Twenty online orders per month
- Twenty shipping labels per month
- Twenty shipment tracking per month
- One warehouse
- Basic — Starting at $39 per month
- 1,500 online orders
- 150 shipping labels
- 150 shipment tracking
- Two warehouses
- Standard — Starting at $79 per month
- 10,000 online orders
- 1,000 shipping labels
- 1,000 shipment tracking
- Five warehouses
- Serial number tracking
- Batch tracking
- Professional — Starting at $199 per month
- 30,000 online orders
- 3,000 shipping labels
- 3,000 shipment tracking
- Ten warehouses
- Serial number tracking
- Batch tracking
Cin7
This is a good option for any type of business, be it a small start-up or a big enterprise. Cin7 is a more flexible inventory management software than other ones. It can automatically sync your POS transactions with your real-time inventory tracking without giving up on features that you love about your current system. There are many packages available to meet the specific needs of your own business which are discussed as under:
Starters
- Inventory management
- Multi-location support
- POS built-in
- B2B functionality
Momentum
- All starter features
- Inventory forecasting
- Warehouse management
- Automated replenishment
Advanced
- All momentum features
- Advanced automation
- Custom retailer labels
- Multi-company automation
Retail Express
Retail Express effortlessly manages product data even with the most complex of the product portfolios. Business costs and inaccuracies, headaches of manual stock-taking can be eliminated with a digital stocking solution. You can send suppliers detailed reports to create a culture of continuous accountability.
These are the only inventory POS for retail stores that continuously maximize value from your supply partners. Negotiate better deals by monitoring margin contribution and fulfillment performance per vendor. You can make decisions based on facts that can increase your profitability.
Ordoro
You can start using Ordoro software without having to download or install anything because it is a cloud-based inventory management system. With multiple inventory sourcing Ordoro is the ideal solution for the ecommerce business. It will automatically manage inventory to specific shippers. All you have to do is set up all of your vendors and products. Ordoro had an Express plan starting at 58$ per month. These are the best e-commerce platforms that can be integrated with Ordoro:
- Shopify
- Bigcommerce
- Magento
- eBay
- Square space
- Amazon
Veeqo
Veeqo is an inventory management solution for retailers. You can also manage your order and shipping, as well as your inventory. Veeqo supports a multichannel inventory system with more than 16 sales channel integration because of that multiple warehouses, purchases, and suppliers can be managed too.
You can get parcel tracking as well by using the software to print shipping labels. The software provides barcode scanner picking, bundled invoices, and warehouse reporting if you are packing items manually. Veeqo had three main packages to choose from which have pricing based on order volume facilitated through the software:
- Accelerator — $156 – $374 per month
- Unlimited products
- 2-11 users (based on volume)
- Inventory sync with 20+ marketplaces
- 21+ shipping integrations
- High Growth — $202 – $639 per month
- 4-13 users (based on volume)
- Purchase forecasting
- User permissions
- Returns management
- Premium — $260 – $1,149 per month
- 5-14 users (based on volume)
- Digital picking
- Stock transfer
- Wholesale
Inflow
This software is like a business intelligence service. Inflow inventory management is commonly used for warehouses, manufacturing, wholesale, asset tracking, and job site management. You will be able to see the history of every single product; you will know what items are in stock, what items have been reversed, and what has been ordered.
You can easily manage all of your products in one place with inFlow inventory management. Here’s a brief overview of the software’s plans and prices:
- Light — $71 per month
- Two team members
- 1 location
- Up to 100 orders per month
- Standard — $179 per month
- Five team members
- Unlimited locations
- Up to 500 orders per month
- Three integrations
- B2B showroom portal
- Plus — $359 per month
- Ten team members
- Unlimited locations
- Up to 1,000 orders
- Unlimited integrations
Unleashed
Everything you need can be managed by the unleashed sales mobile app. Popular business solutions like Shopify, Xero, QuickBooks, Amazon, Zapier, and more can be integrated with releases. Automate your entire B2B selling process by this inventory management solution. This is an industry-specific inventory management software which targets the following business types:
- Manufacturing
- Distribution
- Wholesale
- Retail
- Food manufacturing
- Lighting
Here are the price points for Unleashed inventory management:
- Medium — $259 per month billed annually ($279 month-to-month)
- Large — $499 per month billed annually ($549 month-to-month)
- Massive Plus — $819 per month billed annually ($899 month-to-month)
These are some of the best inventory management software out there that you can choose from. It does not matter whether you have a small retail business or a big distributor; it is the need of the four for every business to possess inventory management software for smooth and efficient working.