Best Inventory Management Software for Small Businesses

Hello everyone, today in this article we are going to list the best inventory management software for small businesses. Let’s take a look at them:

Vin eRetail

Vin eRetail is a powerful SaaS-based Order Fulfillment, Inventory Management & Warehouse Management suite. It enables omnichannel retailing for brands, retailers, 3PLs, marketplaces, and distributors. The system is modular and highly flexible, which makes it cost-effective too. It provides you with a unified dashboard that helps track orders from multiple sources in real-time and fulfills both B2B and B2C orders so your business can scale faster than ever before!

Critical Benefits of Vin eRetail: 

• Order & Inventory Management
• Returns Management 
• B2B and B2C Fulfillment 
• Integrations to Help You Scale With Ease 
• Enabling Multi-warehouse Fulfillment
• Advanced Shipping Note Management 
• Order Fulfillment from Stores 
• Stock Transfers across Stocking Points (Warehouses & Stores) 

NETSTOCK

NETSTOCK is a cloud-based inventory management solution that helps you optimize your business. The intelligent data does the hard work for you, providing reliable forecasts and order recommendations to help keep costs down while giving complete visibility of what’s going on in your warehouse. With NETSTOCK’s easy-to-use dashboard highlighting critical items needing attention, calculating safety stock levels or supplier lead times has never been easier! NETSTOCK has the solution for your inventory problem, balancing excess and stock-outs. You need an ERP system to use NETSTOCK, but it will make a world of difference when you do!

Cin7

Cin7 is a full-service inventory management platform that simplifies and streamlines the process for retailers, wholesalers, simple manufacturers. With Cin7’s integrated technology, you have one solution to keep your orders in line with inventory across all sales channels – from online marketplaces to Amazon vendors. Cin7 offers a software solution that helps brands optimize inventory, reduce costs, increase margins and maximize cash flow. For more information, please visit cin7.com.

Unleased

Unleashed Software is a powerful, integrated platform that allows businesses real-time visibility of accurate inventory information. It reduces costs and increases profits with precise tracking data on all stock items. As cloud-based Software, Unleashed partners with other business management applications to provide an end-to-end solution for your company’s needs. Unleashed is one of the first companies in the industry to adopt this cutting-edge technology.

FAQ’s

How do small businesses keep track of inventory?

The most barebones way to keep track of inventory is by using a manual ledger. You can do this with any accounting software, spreadsheet, or even physical notebooks if you want! Every time goods are sold and bought; there needs to be an entry made into the ledger.

Is QuickBooks good for inventory management?

QuickBooks isn’t designed for inventory management. 

QuickBooks is perfect accounting software, but it’s not the best option if you’re looking to manage your inventory as well!

What kind of Software is inventory management?

Inventory management software is a powerful system that can handle all of your inventory needs. It tracks orders, deliveries, and sales and creates production documents such as work orders or bill-of-materials for the manufacturing industry.

What are the four types of inventory?

There are four main types of inventory: raw materials/components, WIP, finished goods, and MRO.