Popular Inventory Management Software 

24.09.21 09:57 PM By Aishwarya

Open Source Inventory Management Software 


New Delhi, India

AnyTechTrial.Com


Inventory Management Software

A vital requirement for running a successful business is getting the right goods to the right place, at the right time, and in the right condition.

 

But what happens if you sell an item that wasn't truly in stock?

There are a lot of things that may go wrong, but with the correct inventory management software, you'll be in the best possible position.

 

1. Zoho Inventory

Integration with digital marketing platforms such as eBay, Amazon, Shopify, and Etsy is also available. As a result, your sales force will be able to manage both online and offline orders efficiently and effectively.

 

The following are some of Zoho Inventory's key features:

  • Inventory management
  • Management of several channels
  • Management of reorders
  • Identification of the product
  • Reporting/Analytics
  • Mobile access is available.
  • Inventory control in the retail sector.

 

Different Zoho Inventory plans are available to meet the needs of various multi-channel businesses. Currently, you have four options for monthly payments per organizations.

 

2. Cin7

Cin7 is capable of much more than just inventory management. It's a cloud-based software that can interact with additional modules including point-of-sale software, an e-commerce platform, and a warehouse management tool.

Because it has built-in modules for every facet of your business as part of its subscription plans, this solution is perfect for enterprise resource planning (ERP) platforms. It contains a fully integrated point-of-sale (POS) system, as well as B2B e-commerce, manufacturing, and payment portal functions.

 

Most inventory solutions include inventory tracking, barcode scanning, and order fulfillment as basic features.

Cin7 integrates with over 100 third-party applications, allowing you to manage your whole business from a single platform.

Thanks to its advanced demand forecasting and cross-channel syncing capabilities, you can manage inventories across numerous marketplaces and efficiently sell and distribute your products with minimal effort while keeping your system up to date.

 

Cin7 provides you with the following benefits:

  • Inventory control is important.
  • Support for POS software
  • Management of orders
  • Tools for manufacturing and warehousing
  • Transfers between branches

 

 

3. Quick Book

Quick Books Commerce was previously known as Trade Gecko, and while the name has changed, the programme continues to provide all you need for your wholesale business.

It allows you to keep track of products across all of your warehouses, sales channels, and locations as you sell, manufacture, and resupply them. Additionally, you can create a B2B e-commerce site that allows all of your clients to pay the same fee.


There's also a built-in payment processor that allows you to include a 'Pay Now' button in your invoices, making it easier for your customers to pay right away after receiving an invoice.


Quick Books Commerce can help you manage your supply chain and orders more efficiently. It not only has a mobile app to let you sell on the move, but it also has a barcode scanning capability that makes updating items and changing sales orders a breeze.


Several repetitive ordering operations are also automated by the software. This enables creating custom workflows for all types of orders, sending trigger emails, and receiving Slack notifications, among other things.


To help you better manage your orders and inventory, Quick Books Commerce includes the following features:

  • Inventory management
  • Management of several channels
  • Management of reorders
  • Management of the warehouse
  • Reporting/Analytics
  • Identification of the product
  • Mobile access is available.

 

In addition to your Quick Books Online membership, QuickBooks Commerce costs $50 each month. If you already use QuickBooks, I recommend that you have a look at this. If not, one of the other solutions might be a little more cost-effective.

 

Intuit, on the other hand, offers a discount to first-time users. Those who already have a QuickBooks Online subscription can upgrade to Commerce for the first time and save 50% on the first three months ($25 per month on top of your Online subscription).

 

4. Upserve

Upserve is a dynamic inventory management solution that allows customers to keep track of expiration dates and concentrate on specialty supply chain requirements. It was created specifically to meet the needs of a restaurant.

 

For example, you can use the software to generate recipes for the items on your menu and personalize each one with an accurate reading of the ingredients (and their proportions). Upserve will automatically deduct those quantities from the inventory levels for the ingredients utilized once a consumer makes an order for that dish.

This function also assists you in determining the appropriate prices for your menu items and identifying areas where excessive food waste may occur.

 

Upserve features a built-in point-of-sale system, although it can only be used with their proprietary POS hardware. However, when you consider its inventory control capabilities, especially for restaurants, this isn't a deal-breaker.

 

Upserve Commerce includes the following features:

  • Inventory tracking in real time
  • The price of a recipe
  • Support for many locations
  • Management of vendors
  • Ordering with a single click
  • Scanner for barcode in the app

 

5. Ordoro

For your e-commerce firm, Ordoro is an all-in-one solution for inventory management and delivery.

 

Through the program, you can integrate all of your online sales channels, assign barcode to SKUs, manage purchase orders, and automatically adjust amounts on order fulfillment. It's also built to handle inventory modifications for RMAs (returned merchandise authorizations).


Because of its drop shipping capabilities, it's a fantastic solution for sites that require vendor management services.

Ordoro helps you to manage all drop ship requests to suppliers without your involvement, both manually and automatically. It offers a vendor portal that allows vendors to fill orders directly on the platform.


This software can also be used to implement a non-traditional inventory management strategy. To create the sense of scarcity and encourage people to place orders sooner, you can purposefully oversell your goods or limit the quantity of in-stock items visible to your customers.


Ordoro provides you with a number of important features and tools, including:

Feature for scanning barcode

  • Advanced analytic built-in
  • Inventory synchronization is done automatically.
  • Support for multiple channels
  • Notifications/alerts about inventory

 

Conclusion

Choosing the finest inventory management solution for your company is a big decision. You must also evaluate the people who will be utilizing the program and their demands, in addition to the pricing, feature availability, and benefits.

Fortunately, inventory management software comes in a variety of shapes and functions, making it suited for a wide range of enterprises and industries.

Some of the best Inventory Software

  • Best for multi-channel retailers is Zoho Inventory.
  • Cin7 — For enterprise resource planning, it's the best.
  • QuickBooks Commerce is the best option for wholesalers.
  • Upserve - Best for Restaurant.
  • Ordoro is the best option for e commerce sites.




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