Modern e-commerce requires effective inventory management for sustainable growth and operational success. From small businesses to global enterprises, efficient inventory handling impacts profitability, customer satisfaction, and business performance completely.
In this detailed article, we'll talk about the best software for managing inventories. This article will help businesses manage their inventories, accounts, and sales, and lead to sustainable growth and prosperity.
So, without wasting any time further, let's get started.
Best Inventory Management Software To Increase Overall Business Growth
Here are the best inventory management softwares that are leading the industry with their functionalities:
1. Cin7
Cin7 is a popular choice for the inventory management software. It is designed to manage sales and stocks across multiple sales channels for businesses. Businesses can manage their stock and overall inventory through one Central location, regardless of whether they sell online or offline stores or both.
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| ImageSource: Cin7 |
Key Features:
- Inventory management
- Order management
- POS system
- B2B eCommerce
- Warehouse management
- Multi-location support
- Automated workflows
- Reporting and analytics
- Integrations with eCommerce platforms
2. Ordoro
Ordoro is another great alternative to the Cin7 application. It is one of the few all-in-one inventory management software that can be used for shipping, inventory management, and dropshipping workflows. It is powerful enough to handle 10 to 10,000 orders per month for efficiently scaling the operations.
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| ImageSource: Ordoro |
Key Features:
- Shipping management
- Inventory management
- Order management
- Dropshipping
- Barcode scanning
- Multi-channel support
- Kitting and bundling
- Vendor management
- Reporting and analytics
3. inFlow
inFlow is an inventory management software, which is mainly designed for small businesses. It helps businesses manage their stock levels, purchases, sales, and shipping processes. It also helps you track your inventory in real-time through the power of barcodes for easy accessing the data. inFlow is capable of managing your purchase orders, sales, buying processes as well as the selling process. This inventory management software is also integrated with popular e-commerce and accounting software solutions such as Shopify, Amazon, QuickBooks Online, and Xero. Thus, it helps in managing your finances as well as inventories.
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| ImageSource: inFlow |
Key Features:
- Inventory management
- Order management
- Barcode scanning
- B2B portal
- Manufacturing and assembly
- Multi-location support
- Customizable reports
- Integrations with accounting software
- Mobile app
4. Katana
Katana is a popular cloud-based software designed for inventory management and sales processes for all types of businesses. It uses a special system to track stock levels in real-time across various channels, similar to inFlow. Katana can take records of every sale & purchase, and thus streamline your buy and sell processes. It can also handle production scheduling and resource allocation for businesses that manufacture their own products. In simple words, Katana can control every inventory and sales process thus saving time and money.
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| ImageSource: Katana |
Key Features:
- Manufacturing ERP
- Inventory management
- Production scheduling
- Shop floor control
- Purchase order management
- Sales order management
- Batch tracking
- Integrations with eCommerce platforms
- Real-time inventory updates
5. Zoho Inventory
Zoho Inventory is also a cloud-based inventory management software, developed for streamlining your stock managing processes. It tracks your stock levels and notifies you in real-time whenever the stock is about to finish. Thus, you can avoid stockouts and overstocking. Zoho Inventory is also used for managing purchases, sales orders, and invoices, all within the software. Thus, it finishes the need for another accounting and invoicing software. Zoho Inventory is a combination of inventory management software and financial management software within a budget-friendly option for all businesses.
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| ImageSource: Zoho Inventory |
Key Features:
- Inventory management
- Order management
- Warehouse management
- Multi-channel selling
- Barcode scanning
- Integrations with the Zoho ecosystem and other platforms
- Reporting and analytics
- Multi-location support
- Serial number and batch tracking
Conclusion
Finally, picking the right inventory management software may have a big influence on businesses of all sizes. Cin7, Ordoro, inFlow, Katana, and Zoho Inventory are among the top options for small and large businesses. These tools help organizations maintain track of their inventory, process orders, and avoid mistakes.
Cin7 is suited for organizations with several sales channels. Ordoro is appropriate for those who want shipping and inventory features. Inflow offers easy inventory management solutions to businesses of all sizes. Katana is suitable for businesses that need detailed production tracking. Zoho Inventory provides full features for an affordable price.
Businesses that adopt one of these inventory management softwares can function more efficiently, save money, and better meet customer expectations. Whether you’re running a small shop or a large company, these software solutions can help you stay organized and successful.
