• 8 Best Inventory Management Software

  • 8 Best Inventory Management Software

    8 Best Inventory Management Software

    Let me know one thing, how can you manage your business which has a huge number of products? How do you handle your orders, and then fulfill the orders? Which management technique is useful for your business to manage your inventory? This time is digital and hence here technology is playing an important role in every field. So some software is available in the market which is very helpful for your inventory management. Therefore, in this article, I will put some Best Inventory Management Software and their working style. So, keep with me till the last to know the Best Inventory Management Software.

    What is an Inventory Management Software?

    An IMS or Inventory Management Software is a software that facilitates the Logistical Management of stocks and items. It is used to Track Inventory Levels, Sales processing, Order processing, Transportation, Storing, Assembly, Dispatching and the Delivery of the products.

    Therefore, the IMS offers an advanced way to organize inventory information compared to spreadsheets or paperwork. This software is very beneficial for the businesses who deal with a huge number of products. Hence, it is also very helpful for small entrepreneurs and retailers who need a clearer review and more control over their product flow.

    List of 8 Best Inventory Management Software:

    1. 1. Zoho Inventory
    2. 2. Xero
    3. 3. EZOfficeInventory
    4. 4. QuickBooks Enterprise
    5. 5. Busy Accounting SoftwareSellerCloud
    6. 6. Skubana
    7. 7. TradeGecko
    8. 8. Dear System Inventor

    So, let’s start to know about all one by one:

    1. Zoho Inventory:

    Zoho Inventory is an online software that allows you to manage your orders and inventory. So, with the Multi-channel Selling, Shipping Integrations and Powerful Inventory Control functions, you can optimize your inventory and orders.


                                    Zoho Inventory

    1. Source: Zoho Inventory

    Product Features:

    1. > Zoho Inventory is now GST ready
    2. > A cloud-based Inventory control system
    3. > End-to-end Tracking
    4. > Multiple Shipping Integrations
    5. > Accounting and CRM Integrations
    6. > Warehouse Management

    Product Details:

    Pricing: BASIC >> Rs. 1800 per organization/month

                      STANDARD >> Rs. 4800 per organization/month

                      PROFESSIONAL >> Rs. 14800 per organization/ month

    Free Version >> Yes

    Support >> Online (24/7)

    Link >> Click Here

    2. Xero:

    Xero is an Inventory Management Software, best suitable for small businesses which provide Integrated Accounting and automatically Invoice generating facility. It can easily track the number of items available in your inventory. There are three ways through which you can use Xero inventory. These are Untracked inventory, Tracked inventory and Combination of both which makes Xero very flexible for your inventory management.

                         Xero

    Source: Xero

    Product Features:

    1. > Accounts Payable and Receivable
    2. > Bank Reconciliation facility
    3. > Automatically Billing and Invoicing generation too
    4. > Generate Balance Sheet for your company
    5. > Fund and GST management also.
    6. > Payroll facility to pay your staff monthly too.

    Product Details:

    Pricing: STARTER >> Rs. 590 per organization / month

                      STANDARD >> Rs. 1970 per organization/month

                      PREMIUM 10 >> Rs. 4590 per organization/month

    Free Version >> Yes (Trial period)

    Support >> Online (24/7)

    Link >> Click Here

    3. EZOfficeInventory:

    The best inventory management software on my list. Because it offers amazing features among them. This software is used by maximum leading companies such as Amazon, Intel, CNN, NASA, Netflix, Pokemon etc.  Also, you can track vendors, move inventory across locations, and customize low stock threshold alerts for optimized inventory management. It offers to Scan Barcodes, QR Codes and RFID tags which makes this software unique among the list.

                              EZOfficeInventory

    Source: EZofficeInventory

    Product Features:

    1. > Tag your items with RFID, QR Codes and Barcodes
    2. > Track the complete Asset Life Cycle
    3. > Manage Assets across Locations and Teams
    4. > Use Insights to Increase Productivity
    5. > Automatic Order entry also
    6. > Serialized Inventory Tracking

    Product Details:

    Pricing >>

                       

    Free Version >> Yes (Trial period)

    Support >> Online (Business Hours)

    Link >> Click Here

    4. QuickBooks Enterprise:

    QuickBooks Enterprise is the leading accounting software for small businesses. Hence, you can manage all your finances with either its licensed or online version. So that it provides Instant access to customer, vendor and employee information.


                                     QuickBooks Enterprise

    Source : QuickBooks

    Product Features:

    1. > Easy to use, so you don’t need to know accounting
    2. > So you can create Professional Invoices and GST invoices in seconds also
    3. > Get cash flow to GST reports in one click
    4. > Payroll and Payments made easy
    5. > Advanced Inventory and Pricing
    6. > Powerful, customizable reports

    Product Details:

    Pricing: 1st-year subscription for ₹1,500 inclusive of GST

                             

    Free Version >> Yes (Trial period)

    Support >> Online (Business Hours)

    Link >> Click Here

    5. Busy Accounting Software:

    BUSY is an integrated business accounting software for Micro, Small and Medium businesses.  Due to with over 2,00,000 installations (over 6 Lakh Users) worldwide, BUSY is one of the leading accounting software in India. It has been allowing SMEs across geographies, industry verticals and customer division such as FMCG, Retail, Trading, Manufacturing, Distribution, and Service by helping them manage their business efficiently.

                              Busy Accounting Software

    Source: Busy

    Product Features:

    1. > Financial Accounting (Multi-Currency)
    2. > Inventory Management (Multi-location)
    3. > Sales / Purchase Order Processing
    4. > Fully User-configurable Invoicing
    5. > GST Invoicing & Reports
    6. > TDS & TCS
    7. > MIS Reports & Analysis

    Product Details:

    Pricing:

                    

    Free Version >> Yes (30 days Trial period)

    Support >> Online (Business Hours)

    Link >> Click Here

    6. Skubana:

    It is an intuitive and smartly designed solution that offers all that you need in a single platform. It is difficult to manage an eCommerce store, but with Skubana you can save a lot of time while boosting your company’s productivity. As a result, you can make smarter decisions based on the actionable insights the app offers. It has many such features includes multichannel inventory, automated workflow, inventory monitoring, order tracking, revenue tracking, gross margins, and unit margins reporting.


                                Skubana

    Source: Skubana

    Pricing: Kindly visit the site because its pricing depends on your requirement.

    Link >> Click Here

    7. TradeGecko:

    It offers an elegant interface and cloud-based and automated delivery of asset management services. Hence, multichannel, as well as multiregional wholesalers and distributor, can use the software. This tool manages the sales and supply chain, inventory, and customer relationships. Hence, the best feature of TradeGecko is that it allows you to invite your customers and sell on a private eCommerce ordering platform. It also gives an individual description page for each product where the manager can track its performance and stock supply, using the latest trends.


                         TradeGecko

    Source: TradeGecko

    Product Features:

    1. > Warehouse Inventory Management
    2. > CRM (Customer Relationship Management)
    3. > Batch and Expiry Tracking too
    4. > MAC (Moving Average Cost)
    5. > Multi-currency pricing

    Product Details:

    Pricing: Lite >> Rs. 5199 per month

                  Small business >> Rs. 13067 per month

                  Premium >> Rs. 52467 per month

    Free Version >> Yes (14 days Trial period)

    Support >> Online (Business Hours)

    Link >>Click Here

    8. Dear System Inventory:

    It is suitable for Small to Medium businesses in retail, wholesale, manufacturing, food production sectors which have requirements to manage inventory levels. Some eCommerce big players such as Shopify, Magento, Amazon and eBay use DEAR inventory software for managing their inventories. It provides features that give you the information you need to manage costs and maximize profitability also.

                      Dear System Inventory

    Source : Dear System 

    Product Features:

    1. > CRM
    2. > Order management
    3. > Product Lifecycle Management
    4. > Production Management
    5. > Traceback and Trace Forward

    Product Details:

    Pricing: BASE >> Rs. 13068 per month

                  EXTRA USER >> Rs. 3284 per month

    Free Version >> Yes (14 days Trial period)

    Support >> Online (24/7)

    Link >> Click Here

    Finally, How was this post Best Inventory Management Software? 

    As a result, Which Inventory Management Software is best for your business?

    So, Let me know by putting your comment below.


    Author: Taslim

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