Inventory management and tracking are crucial aspects of running a successful organization. Hundreds of software options are available to assist you in monitoring your inventory data. However, it became very challenging for organizations to choose the most suitable platform.
So, inventory management software for small businesses depends completely on the type of functions your organization deals with. So, keeping this in mind, we have curated a list of highly recommended wholesale business management software for different types of businesses. Some prominent software is inFlow Inventory, Zoho, Cin7, Ordoro, Upserve, etc. However, the right software selection choice depends on your inventory requirement.
What is the best Inventory Management Software?
Order Circle
Order Circle combines your B2B ordering process with the cloud-based system to organize orders efficiently. It also saves you a significant amount of time by centralizing all of your data in a single place. The platform enables you to categorize goods quickly, receive stock alerts to monitor stock levels and returns, and scan QR codes using the app. You need to be aware of a few factors when using Sortly. With the extreme plan, you can interface with other apps and software.
Last but not least, even if you are on the extreme plan, you must contact support to execute integrations through API. Order Circle enables users to accept backorders on out-of-stock items, set up drop shipping, and manage multi-currency transactions. Small enterprises can maintain an ordered inventory without worrying about their tight financial resources.
Zoho Inventory
Zoho Inventory is a well-liked option for small companies that need to sell through many channels. It allows platform interaction with well-known ones like Shopify and Amazon. This makes monitoring stock levels and inventory expenses easier by syncing data across sales channels. Zoho Inventory is highly customizable and comprises stock-keeping, warehouse management, purchase order management, and expiration monitoring software. It has a user-friendly interface, making it most suitable for users to navigate the platform and benefit from all the features. This makes it a fantastic choice for small enterprises with simple inventory requirements.
Veeqo
Veeqo is another well-liked wholesale business management software option for retail or wholesale companies that require multi-channel selling. The software presents itself as a platform for shipping and inventory management. Similar to Zoho Inventory, it provides an easy-to-use platform that unifies all sales channels in one location so that you can easily keep track of and manage everything. Additionally, it offers tools for managing warehouse inventory, controlling inventory, analytics, and reporting.
One of the distinctive features of Veeqo is the barcode scanner, which expedites the processing of large orders. Additionally, it expedites stock counts. The platform is known for offering a fantastic shipping experience. Over 15 major delivery companies, including UPS and FedEx, are integrated into its shipping system. Additionally, the platform provides delivery options, including live tracking and cheap shipping costs. Even though the onboarding process can take some time, once you're set-up, everything goes pretty quickly. Because of this, the program is an excellent choice if you're looking for something scalable and adaptable but not if you're trying to get going right away.
Sortly
One of the top inventory management programs for small, non-retail enterprises is Sortly. It's a wise choice for companies looking for a simple and rapid answer to their inventory and asset management problems. Those who loathe reading words on spreadsheets will find its visual aspect appealing. Because of its incredibly simple features, your staff can rapidly track essential information about your assets. This implies that you will be fine without substantial product training. The majority of the fundamental elements of inventory management software, such as warehouse management, inventory control, barcode scanning capabilities, and basic inventory reporting, are included in Sortly.
Netsuite
Netsuite is owned by Oracle, the wholesale business management software for manufacturing organizations or businesses that need significant manufacturing. The platform provides a complete set of fundamental inventory management software functions and purchasing capabilities to accelerate production and supply chain operations. The program offers cutting-edge capabilities and is highly customizable. Demand planning, cycle counts, and extensive product catalogs are a few of its sophisticated features. Even so, you'll probably require the assistance of developers to utilize all of its features. Setting up the platform's inventory system will take effort, but it will be well worth it. It should be noted that it is not recommended for companies with significant retail functionality requirements. The other retail-specific software on this list is a better choice.
Conclusion
The best perpetual inventory systems are only made feasible by the best inventory management software. Whether it's your first time using more advanced inventory software or your third, it's simple to test new software. Most provide free trials or some other free plan to see if the product is good for you. The ideal inventory management solution is there for you every step of the way. However, if you want to attract customers from overseas, you must go with multi-language eCommerce management. It enables your website to translate into the language per the geographical location.