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The Management of raw materials, goods in process and/or finished goods compromise the inventory management. Inventory management is one of the most looked away part of marketing and is yet an essential element of many small businesses. All the inventory is tied with money, so should be handled with care!
Desktop inventory-management programs would cost you thousands of dollars. As small business owners would balk at their pricing, software could be considered. Now that everything is going online, why not taking inventory management also online? New online platforms are allowing you to manage orders and inventory from any Web browser for a low monthly fee. Here are the many top options to suit different needs.
Small businesses dealing with maintaining a proper merchandise assortment while ordering, shipping, handling, need the best inventory management for their proper functioning. No need to worry, these problems for small businesses that can be solved with the right tools. Like most other small business owners, you likely don’t want to commit to laborious and costly enterprise-level software. And you can’t settle with excel!
If you’re overwhelmed with time-consuming, pain-staking and old-fashioned inventory management systems –paper-based, excel-based or ‘simply not at all’ approaches — you have more options than you may realize.
This service lets you manage orders, contacts, inventory, and packing slips on a colorful online dashboard. A good choice for businesses with both online and offline stores, it works with several major e-commerce platforms, including Shopify and PayPal, as well as Sail by VeriFone, a mobile payment system for iPhones, iPads, and Android devices. When you make a sale, Stitch automatically updates inventory levels in real time.
Pricing: Free for one sales channel (an online store, for instance), then $25 a month for unlimited channels
Trade Gecko is an Online Inventory Management and Order Management Software for Smart Businesses. Easily manage all of your inventory, ordering and customers online with beautiful real-time sales reports, insights into your businesses performance and easy-to-understand analytics.
You can also invite all of your co-workers in and start collaborating. Reduce your time spent in admin with ordering, inventory and supply chain tools that save you time and money. No more spreadsheets, connect your Accounting, E-commerce, Shipping and more.
Pricing: starts from $19/month
Unleashed Inventory Software
Unleashed online Inventory management software integrates with their parent, XERO, Magneto CMS, Vend and GEO^op. Unleashed has developed a global distribution channel of over 100 firms and consultants. Unleashed is also one of the fastest growing and best online inventory management sofware present right now.
Pricing: Starts from $35
Zoho CRM extends beyond the traditional CRM functions and enables complete sales cycle management features by integrating online inventory management features, such as Products, Price Books, Vendors, Sales Quotes, Orders, and Invoices with the Sales related modules such as Leads, Accounts & Contacts, and Opportunities.
With the Zoho CRM – Inventory Management software you can achieve the seamless integration between pre-sales and post-sales activities in a single application. In addition, you can also procure goods or services from the preferred list of vendors.
Pricing: FREE (for 3 users), then starts from $12/user/month.
Drive business success with Brightpearl – cloud software for growing retailers. Manage everything from inventory to multichannel simply and effectively. Brightpearl integrates with the leading ecommerce engines and marketplaces. World-class integration for world-class businesses.
Although this is priced very high, Bright pearl offers great value for the money. Order management, Supply management, Purchasing management Accounting Multichannel management Inventory management Shipping management
Exclusively for online stores, Ordoro works with several e-commerce platforms, including eBay and Shopify. Ordoro lets you manage inventory and orders using an online dashboard. You can sync it with your FedEx, UPS, and USPS accounts and print shipping labels customized with your logo.
Ordoro also supports drop shipping from a wholesaler or manufacturer. Unlike Stitch Labs, Ordoro can track one item with multiple components.
Pricing: Starting at $19 a month for one store with up to 500 products
Clearly Inventory is an online inventory system that is extremely easy to use. This system has been developed with very small companies in mind, who just want to get the job done. Our interface is built for busy people that don’t want to spend a lot of time learning how to use a new piece of software. If you’ve been keeping inventory in your head, on paper, or in a program like Microsoft Word(tm), or Excel(tm), our inventory system is the next leap forward. However, if you’re just totally frustrated by the inscrutability of your current feature bloated system, then we’re here for you too!
Pricing: $25/user/month (Additional user at $5/month)
Apptivo is one of the best Inventory management for Small business. Apptivo starts with a standard lite package that is absolutely free. Track on hand inventory accurately, Auto-reduce inventory when products ship, Integrate with eCommerce and Reserve products when added to Shopping Cart. Apptivo is your to-go for free online inventory management.
Pricing: FREE for standard package (Paid package starts from $10/user/month).
Vend is a powerful inventory management that simplifies purchase orders,
transfers and stock-takes. At your fingertips are stock-on-hand, low stock and popular product reports to inform your decisions. If you manage multiple stores, Vend has you covered with full support for multi-location stock control. Cashiers can check product levels at other stores from the point-of-sale. Managers can order items from other locations, which automatically adjusts inventory at both locations.
Pricing: FREE for Extra small; (Paid packages start from $35/user/month).
inFlow (independent software)
One of the best things about inFlow inventory software is that you have the ability to view your entire inventory by location and category of inventory. This can be especially helpful if you receive a big order for a product that you are running low on. If you have it at another location, you will be able to see it and have it moved to your current location. This will allow you to offer great customer service and will help you to be able to count on those repeat customers increasing your bottom line.
inFlow allows you to keep track of item kits in your inventory as well. This means you can take stock out of your inventory to build item kits to sell to others. Using this inventory program, you will be able to see which pieces of your stock have been placed into the kits without confusing these items with your regular stock.
We loved the fact that you can view your inventory by lot and serial number. This allows you to be able to pick out a specific item that a customer needs and send it to another location. While having the serial number is important for your own protection against theft, it also allows you to better track your items in the warehouse.
Pricing: $299 (Independent software)
Which inventory management software do you make use of? Share your thoughts and comments below.