If you’re in an e-commerce business, you know how important inventory tracking is. That’s why it’s so important to use stock inventory management software that won’t cost you much. Even small businesses on a budget have a number of options to help them keep track of their inventory.
This article discusses the best inventory management software. Here you will get a brief description and quick summary of each stock inventory management software on this blog, so that you will be able to pick according to your needs and easily get to know what suits your business well and what tool will help you in the long term effectively and efficiently in your inventory management business.
What Is Inventory Management Software?
Inventory management software facilitates the automation of inventory management, allowing for the accurate monitoring of current inventory levels and the rapid identification of products that require more. The appropriate software will inform the business when an item is out of stock and facilitate the automatic reordering of items. Additionally, it can help organize customer and vendor data.
Many modern systems are now available in the cloud, which will reduce the cost of hardware and facilitate the accessibility of software. Pricing is usually set on a monthly or yearly basis, with plans that can be tailored to the size of the business. Inventory management software is essential for any business, regardless of whether it is a physical store or an online store.
Not only does it facilitate the management of inventory, but it also provides valuable insights into the performance of the business and its customers.
A list of the top 10 inventory management programs is provided below. These programs will help your company expand effectively and creatively.
Upkeep Inventory
UpKeep is an inventory control software that helps businesses manage their stock and oversee order fulfillment. It creates a centralized location for inventory counts and sends push and email notifications when stock levels are low. It also enables multi-location manufacturing companies to sell products and replacement parts online.
UpKeep’s free-forever version has limited capabilities but comes with unlimited view-only users, unlimited vendors, multiple location management, and chat and phone support. Integrations are locked to paid plans for UpKeep, so users won’t have access to them on the freemium plan.
Zoho Inventory
Zoho Inventory helps you keep track of your inventory, keep track of your sales, and manage your purchase orders. It also lets you list your products on different sales channels. Plus, it comes with a bunch of pre-made workflows that make it easy to automate things like buying orders, selling orders, and tracking shipments.
You can also use it to manage transactions with customers from all over the world. It’s free for companies with one warehouse that sells 50 orders a month, and you can create up to 50 shipping labels a month.
Inflow Inventory
Using the inventory software InFlow Inventory, businesses may track orders and stock levels. Businesses can use it to create, manage, and track orders, as well as print invoices and packing slips. Additionally, it offers a history of inventory levels, enabling companies to track trends over time.
Businesses can use it to manage returns, create product categories, track purchase orders and items in need of repair, manage purchase orders, and keep precise sales records. Businesses can create an unlimited number of users with varying levels of access, but only one person can change the inventory at a time. It also assists businesses in several locations by allowing them to track inventory levels across multiple warehouses and retail outlets.
Sortly Inventory
A business can add products to their inventory, categorize those products into different groups, and keep track of each sales order using the inventory management tool Sortly. It works with all mobile devices and has a nice interface.
With the aid of automatic low stock alerts and date-based reminders for goods with limited warranties or expiration dates, it facilitates easy inventory tracking. It also has a mobile app, which enables companies to manage their inventory while on the go.
Odoo Inventory
Over 7 million people have downloaded the free and open-source inventory management software Odoo since it was introduced. It is renowned for the ease with which customizations can be made as well as the variety of solutions it provides, which include CRM, e-commerce, accounting, inventory, point of sale, and project management.
Just-in-time (JIT) inventory management, real-time inventory tracking, barcode scanning, integrated shipping and receiving, and a mobile app are among the noteworthy features. Among the integrations are Rocket Chat, QuickBooks, Google Sheets, WordPress, Slack, Hub staff, Microsoft SQL, and others.
Partkeepr Inventory
A simple and quick way for businesses to track their inventory is with PartKeepr, an open-source inventory management system. For companies with coding skills, it is highly adaptable and can be tailored to fit their unique requirements. It helps businesses make data-driven decisions by supporting multiple locations, barcode scanning, and generating reports and analytics.
Businesses can also control access to sensitive inventory data and set user permissions. While there aren’t many integrations, businesses can customize it to work with well-known e-commerce solutions.
Right Control Inventory
Right Control is software that provides an all-in-one solution for keeping track of stock, selling, invoicing, getting in touch with customers and suppliers, printing out and sending out barcodes, and reporting. It’s perfect for small and medium-sized businesses looking for a full-service inventory management solution that can handle all kinds of stock input options.
It comes in different versions, depending on your business needs, and has features like online shopping, project management, barcode fonts, and more. Plus, you can use it for stock management for free!
Sales Binder Inventory
With a generous free-for-ever version, Sales Binder is a simple-to-use inventory management program. It offers CRM, limitless locations, invoicing, estimates, shipment tracking, barcoding, sales orders, purchase orders, reports, and an iOS inventory app. Additionally, it has tools for creating invoices, managing customer data, managing sales orders, and tracking order history.
With a paid Zapier plan, users can access features like comprehensive vendor management, integrations with Xero, WooCommerce, QuickBooks Commerce, and more. These features are not available in the free version.
Stockpile Inventory
Small businesses and independent contractors can manage their inventories online with Stockpile. It makes it simple to manage returns or damaged goods, add inventory, and keep tabs on sales. Additionally, there are no restrictions on stock items, enabling the use of multiple locations, physical spaces, manufacturers, and preferences on a single account.
Additionally, it has a thorough reporting tool, numerous tutorials, and free support for all users. Additionally, it allows for the processing and recording of sales and supports multiple currencies.
ABC Inventory
ABC Inventory is an on-premise inventory system that helps with order management, procurement management, and inventory management. It does not limit the number of records you can store in its database, so you can manage large inventories with it.
ABC Inventory stands out from other free solutions due to its features such as multiple currency support, warehouse and stock movement logs, and automatic creation of serial and lot numbers. Features worth noting include detailed purchase order document generation, receiving inventory and fixed assets against purchase orders, automatic purchase order generation based on historical data, quick price quotations based on purchasing history, and a supplier database with suspension and probation warning flags.
Why Choose Stock Inventory Management Software?
Inventory management software can help businesses of all sizes streamline their inventory processes, run more efficiently, and make more money.
No matter what kind of business you have, if you have inventory, then inventory management software can help you streamline your operations, provide better customer service, and increase your bottom line.
If you’re looking for Stock Inventory Management Software, Shivit Technologies is the place to go. They’re one of India’s top providers of enterprise resource planning (ERP) software, which helps businesses manage all aspects of their operations, from finance to inventory to sales to customer relations to project management to operations and HR. Their experienced team creates solutions for all types of businesses to help them grow.