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Inventory Management Software

Inventory Management software monitors inventory levels for optimal production and distribution of goods for wholesale or retail. These applications enable organizations to efficiently manage inventory as well as procurement and order fulfillment functions. Inventory Management solutions ensure accurate real-time inventory reporting and the ability to distribute this essential data across multiple locations and throughout an enterprise. Inventory Management software is related to Inventory Control software and Supply Chain Management software.

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Optimize inventory levels, boost profitability and decrease cost of goods sold with NetSuite inventory management. Learn more about NetSuite
NetSuite inventory management automates manual processes associated with traceability, replenishment, cycle counting, and managing inventory across multiple locations. With a single view of items, inventory and orders businesses can carry less inventory on hand and free up cash. Demand-based replenishment uses historical sales and seasonality to automate re-order points. Forward and backward tracing capabilities link finished goods to customer orders and suppliers allowing for full traceability. Learn more about NetSuite

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The secret powering small businesses in 90+ countries worldwide. Track stock, manage sales, pick and ship orders, and more, Learn more about inFlow Inventory
inFlow Inventory is the easiest way to run your wholesale, distribution, manufacturing, or ecommerce business. Track stock across any location and manage purchases and sales—all from one app. inFlow helps you manage any order or process from start to finish, with full pick/pack/ship support, BOM and assemblies, and connections to over 35 different ecommerce platforms. We offer in-house support via live chat, email, and callback. Click Visit Website to start your free 14-day trial now. Learn more about inFlow Inventory

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AccelGrid is a business management suite that helps distribution and manufacturing companies become more efficient and profitable. Learn more about AccelGrid
AccelGrid is a suite of seamlessly integrated modules that include Sales, CRM, Inventory, Accounting, Purchasing, eCommerce, and more. AccelGrid helps businesses eliminate data re-entry and increase accuracy by offering an integrated platform to manage all business functions. The solution is web-based and fully customizable to suit specific business processes and workflows. AccelGrid is user-friendly by design and can be used across multiple devices. Learn more about AccelGrid

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Inventory and order management for growing businesses. Learn more about Zoho Inventory
Zoho Inventory is an online application that enables you to manage orders and inventory. With multi-channel selling, shipping integrations and powerful inventory control, you can now optimize your inventory and order management, right from purchase to packing, to payments. Learn more about Zoho Inventory

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Algo is a supply chain planning platform that can easily monitor your inventory and demand across all channels and locations. Learn more about Algo
Algo is a supply chain planning platform that can easily monitor your inventory and demand across all channels and locations. Our analytically enriched supply chain planning platform unifies siloed business data and delivers predictive analytics and insights in real time, empowering organizations to make data-driven decisions that drive growth and efficiency. The result: modern technology and business-outcome driven solutions that deliver real ROI in weeks, not months. Learn more about Algo

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INTUENDI reduces stockout and excess inventory, and simplifies the purchase orders management with an affordable and easy to use tool. Learn more about INTUENDI
INTUENDI is the leading Inventory Management cloud tool developed to reduce stockouts and minimize excess inventory while increasing sales. Affordable and easy to use, Intuendi reduces up to 82% forecasting error, and speeds up 6x the purchase orders management process. Powered by AI and designed for small and midsize companies, Intuendi gives you the right replenishment suggestions and the confidence to stock the right SKUs in the right place at the right time. Learn more about INTUENDI

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Netstock’s Predictive Planning Suite™ enables businesses to reduce excess, minimize stock-outs, and place orders quicker. Learn more about Netstock
Netstock's Predictive Planning Suite™ seamlessly integrates into leading ERPs, empowering businesses to optimize inventory. Utilizing powerful intelligence in ERP data, Netstock increases inventory visibility, enabling you to place quicker orders, minimize stock-outs, reduce excess inventory, and optimize capacity planning in your supply chain. With Netstock, you always have the right stock in the right quantity at the right time *Netstock is not a WMS or inventory control solution Learn more about Netstock

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Juleb Connect is a super mobile application designed to revolutionize warehouses in the pharmaceutical industry. Learn more about JULEB Connect
The Juleb Connect Super App is a mobile app designed to empower warehouses in the pharmaceutical industry. It includes: Package Aggregation A Bolt Fast scanner running on machine learning powers for aggregation to enable drug track and trace, with flexible package labels and seamless connections to business operations. Inventory Operations Manipulate stock movements on your phone screen with different operations such as receiving and transfers, which directly contribute to drug tracking compliance. Sales order creation Sale order management on the go, enabling sales reps to create and review orders, with high visibility on approval and stock status, and automatic price management. Payment collection Register customer payments and directly feed them into the respective accounting ledgers. Learn more about JULEB Connect

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It helps in bringing all the information in one place so that data processing and retrieval is eased. Learn more about TYASuite
Inventory management software is a tool which assists businesses to manage their inventory and warehouse in proper shape. From re-stocking of goods to supply chain and proper price management, everything is taken care of in an effortless manner through this software. Learn more about TYASuite

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ERP made easy for Retail, Restaurant, Distribution & Enterprise businesses on the digital path helping them stay competitive Learn more about GoFrugal
Gofrugal Technologies have been providing Point of Sale Software for Retail. Restaurant and Distribution businesses since 2004, in the form of complete business automation solutions paired with mobile apps and cloud solutions. Headquartered in Chennai, India, our technological footprint has grown to benefit of 25,000+ retail businesses across 50+ countries. Our key focus is on providing a great customer experience with our digital solutions Learn more about GoFrugal

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Nymbl Van Sales App is a van distribution management solution that enables users to control, managed and access on van sales. Learn more about Nymbl Van Sales
Nymbl Van Sales App is a van distribution management solution that enables users to control, managed and access on van sales. Learn more about Nymbl Van Sales

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B2B Sales and Inventory Simplified. Designed from the ground up to make running a small business faster, easier and more profitable. Learn more about Erplain
Erplain is an innovative and user-friendly inventory and B2B sales management solution designed for SMBs, wholesalers and distributors. Erplain automates the creation of sales orders, invoices, and purchases, helping you save time and reduce errors. Moreover, Erplain updates your stock levels in real-time across multiple locations and distribution channels, ensuring real accuracy. Deep integration with QuickBooks, Stripe and Shopify. > Visit erplain.com and sign up for a free trial today! Learn more about Erplain

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SalesWarp's Inventory Management System provides you with real-time inventory management, increasing your sales and customer loyalty. Learn more about SalesWarp
Avoid overselling with real-time inventory management across your sales channels with SalesWarp. Easy to use Advanced Inventory Management System designed for fast-growing brands, retailers, and B2B businesses with 50+ employees. Maximize your sales potential with superior tools for optimizing inventory and fulfillment routing, all from one flexible cloud platform. Learn more about SalesWarp

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A Cloud Based Forecasting Solution for Inventory Optimization Learn more about SAFIO Solutions
As a demand planning platform to optimize sales and inventory, SAFIO Solutions connects and gathers all vital data into one comprehensive location putting actionable insights at your fingertips. Customized visualization dashboards & reports are included for quick insights to the overall business or a deep-dive in the details. Gain the confidence to forecast simply, efficiently & accurately. Learn more about SAFIO Solutions

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Cloud-based warehouse management system with an omnichannel order management system all-in-one solution for eCommerce and 3PLs. Learn more about Shipedge
Shipedge is a cloud-based Supply Chain Solution that helps 3PL warehouses, distribution centers and eCommerce companies run efficient order fulfillment operations. Complete inventory control with channel automations (selling channels, suppliers, & shipping carriers). Monitor inventory from anywhere, use forecasting for replenishments, and eliminate dead stock. We cover lot control, serial numbers, expiration dates, returns, and exchanges. Designed with ecommerce pain points in mind. Learn more about Shipedge

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eLabInventory is an advanced inventory and sample tracking digital lab software that goes beyond a typical LIMS. Learn more about eLabInventory
eLabInventory is an advanced inventory and sample management lab software that goes beyond your typical LIMS. This highly customizable solution offers standardized documentation, efficient inventory storage, a full audit trail for every item, and more. eLabInventory is available stand-alone or integrated into eLabJournal. Spend less time looking and more time researching. Start elevating your research with a free 30-day trial and/or personal demo! Learn more about eLabInventory

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eLabJournal is a fully customizable, secure, and compliant all-in-one ELN suitable for any life science R&D lab. Learn more about eLabJournal
eLabJournal is an all-in-one ELN that can be fully configured to the unique needs of your R&D laboratory. Includes modules for inventory tracking and protocol management. Efficiently document, organize, search, and archive your research, sample, and protocol data. eLabJournal is a secure and compliant software suitable for any lab. Start elevating your research with our free 30-day trial or schedule a live demo! Learn more about eLabJournal

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WooPOS -- Point of sale and inventory management for WooCommerce and Shopify. Fit businesses for up to 1000 employees and 1M products. Learn more about WooPOS
High-end enterprise level retail Point Of Sale and Inventory Management on Windows Desktop with affordable pricing. WooPOS covers every aspect of your retail business. Customizable for all types of retail Industries. Features include CRM, customer loyalty, employee commission, time-card, auto discount rules, tax by zip code, hybrid online and offline database, 500 comprehensive analytics reports. Deep e-commerce integration including WooCommerce and Shopify. Learn more about WooPOS

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Helps users wisely manage their warehouses, and maximize their inventory efficiency, by reducing stock levels and avoiding stock-outs. Learn more about Odoo
Odoo Inventory is expertly designed to help companies improve their internal operations, specifically by providing them with the most efficient stocking methods imaginable. Users can wisely manage their warehouse, and maximize their inventory, by reducing stock levels and avoiding unnecessary stock-outs. With Odoo¿s innovative double-entry system, inventory has no stock input, output, or transformation - all operations are simply stock moves between locations. Learn more about Odoo

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A Economical & Fully- Featured platform with CRM, ERP, HCM, Project Management and Accounting solution with built-in integrations. Learn more about OneHash CRM
OneHash is the world’s most affordable all in one software. Supercharge your sales with the CRM and ERP tool. Get pipeline view, calling, lead management, email automation and much more, all under one tool, and also offer on- premise version for enterprise customers Functions: 1. Customer Relationship Manager 2. Human Resource & Payroll 3. Agile Manufacturing 4. Sales & Purchase 5. Asset Management 6. Help desk 7. Project Management 8. Smart Accounting Software Learn more about OneHash CRM

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All-in-one Inventory management software. Organize, schedule and track equipment, so you always know what’s available in your stock. Learn more about Rentman
All-in-one inventory management software. Only pay for the products and add-ons you need. Control equipment flows: Keep track of your inventory in a timeline view, so you always know what goes in and out of your warehouse; Spend less time booking equipment: See availabilities, schedule equipment and manage subrentals in minutes; Make better decisions: Prevent shortages, track equipment usage and manage repairs so you can run your business more smoothly. Try 30 days for free! Learn more about Rentman

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Specialised in centralised warranty management utilising Blockchain and AI technology for a sustainable manufacturing. Learn more about iWarranty
iWarranty is a next-generation warranty management software tool. At iWarranty, we understand the importance of maintaining high-quality products and ensuring customer satisfaction. That's why we offer a wide range of warranty management services designed to meet the specific needs of clients. Our team of experts can help you optimise your warranty management process, minimise warranty costs and improve customer satisfaction with a great post-purchase experience. Learn more about iWarranty

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The leading accounting software for small businesses. Instant access to customer, vendor and employee information.
QuickBooks Enterprise (Save Up to 40%) is an end-to-end accounting software that can grow with your business. It provides all the tools your business needs, yet is easy to use. You can organize your books, manage inventory, track sales, and even run payroll, but at the fraction of the cost. With QuickBooks Enterprise, you save thousands of dollars a year vs. comparable solutions. Powerful and flexible, it also comes in editions designed to fit your specific needs. Take a free test drive today. Learn more about QuickBooks Desktop Enterprise

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monday.com Work OS offers full inventory control with no-code features such as shipment tracking, automations, integrations, and more.
monday.com Work OS offers cloud based inventory management, enabling you to manage and optimize inventory effortlessly. The no-code features are highly customizable, including inventory tracking, shipment tracking, and integrations with existing tools such as CRM and Excel. Automations eliminate tedious tasks, and decrease the risk of error throughout your inventory flow. monday.com Work OS empowers teams to create solutions that fit their way of working. Learn more about monday.com

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Manage your stock with Xero's simple inventory management software. Stay on top of the numbers and keep track of stock in real time.
Easily keep tabs on your stock quantity and value with Xero inventory management tools. Know your best-selling and most profitable product lines and see how much profit you¿re making. Use this information to make the right decisions about what to order and how to price it. At the same time, save time with bulk imports. It's simple to get inventory in Xero up and running by quickly importing large numbers of inventory items from a spreadsheet. We provide a simple CSV template for you to use. Learn more about Xero

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Inventory Management Software Buyers Guide

What is inventory management software?

Inventory management software monitors inventory, helping organizations streamline inventory creation and organize order fulfillment operations. These systems help businesses optimize their inventories and improve supply chain efficiency. Advanced inventory management systems provide real-time inventory control and auditing functionalities.

The benefits of inventory management software

Manual inventory management programs, whatever your method, is inefficient and time consuming. These methods cannot handle complex tasks such as inventory auditing, inventory control, and real-time inventory tracking. Inefficient inventory management harms your business; excess inventory increases your total cost of warehousing, while inadequate stock leads to lost sales and negative customer experience.

Inventory management is a key factor that influences whether you make a sale or lose to a competitor, and inventory management software helps your business avoid such damage while overcoming related challenges. 

Specific benefits include:

  • Enhanced inventory tracking
  • Lower incidents of inventory theft
  • Improved supply chain visibility for your suppliers
  • Improved financial performance
  • Accurate accounting and financial reporting

Typical features of inventory management software

  • Inventory auditing:   Run periodic reviews of inventory records and alert management of any discrepancies or process lapses.
  • Inventory control: Optimize inventory levels and reduce instances of overstocking and understocking. 
  • Product categorization:   Monitor inventory based on product attributes such as weight, height, lot, batch, date, and serial number.
  • Purchase order management: Create, review, and modify paperless purchase orders from suppliers. 
  • Reporting/analytics:   Summarize and analyze inventory performance. Some advanced platforms offer real-time data capturing and data visualization tools.
  • Search/filter:   Search products based on features such as location, product type, serial number, and size.

Considerations when purchasing inventory management software

  • Integration with accounting software: Inventory management systems work closely with accounting platforms. Inventory control and inventory auditing are important functions fueled by accounting solution integration. When buying inventory software, ask the vendor about third-party integrations and look for a solution that integrates with your current—or preferred—accounting software.
  • Total cost of ownership: Different inventory management programs offer varied pricing models that make direct comparison a bit tough. Certain vendors may charge for product support, data storage, training, implementation, upgrades, and more. Before purchasing a solution, contact the vendor and calculate the total cost of ownership based on your business’ needs.
  • Vendors add advanced data analytics for better inventory control: Data analytics technologies have grown by leaps and bounds in recent years. In response, inventory management systems vendors are including advanced data analytics modules in their products to offer data visualization , real-time data access , and multiple data connectors . Data analytics helps managers take corrective action in the event of performance deviation.
  • Internet of things will get real: In the coming years, you’ll get something more from the internet of things (IoT) than just the hype you’ve seen so far. In fact, according to a Capterra’s technology trends report , 73% of small businesses are planning to use IoT within the next two years. The IoT is becoming a reality with the launch of products such as BlackBerry Radar —which has advanced tracking and sensor capabilities—and Smart trash receptacles , which share volume status (denoting how “full” the receptacles are) via Wi-Fi to optimize trash collectors routes.