By Neil Patel

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Getting the right goods to the right place, at the right time, and in the right condition is a crucial prerequisite for running a successful business.

But how is it supposed to happen if you end up selling an item that wasn’t actually in stock?

There’s a lot that can go wrong, but with the right inventory management software, you’re putting yourself in the best position possible.

You’ll have an accurate picture of where your inventory is, how much you have, and how to get it where it needs to go.

If you are using software that’s not getting it done, there’s no need to keep investing in it. Find a solution that really works. Reduce operating costs, increase revenue, and most importantly, ensure greater customer satisfaction.

I put together a list of the best inventory management software for different types of businesses. Read on to find out the best match for your company.

#1 – Zoho Inventory Review – The Best for Multi-Channel Retailers

If you need advanced inventory management software for expanding business over multiple channels, Zoho Inventory is one of the best you can get.

It can streamline business operations, allow users to effectively manage inventory, purchase orders, sales orders, and shipments. It’s a GST-ready tool that saves your business GSTIN and auto-populates itself whenever there’s a purchase, sale, bill, or invoice.

The platform also offers integration with digital marketing sites like eBay, Amazon, Shopify, and Etsy. As a result, your sales team can manage online and off-line orders quickly and seamlessly.

What’s more, the tool comes equipped with an end-to-end tracking system that allows you to track the movement of every item from your warehouse to the sales point. Receiving real-time shipping rates and in-transit details is another advantage.

You can think of Zoho Inventory as an AI-powered system with several powerful features that can be customized to suit your business needs.

Key features of Zoho Inventory include:

• Inventory optimization
• Multi-channel management
• Reorder management
• Product identification
• Reporting/Analytics
• Mobile access
• Retail inventory management

Zoho Inventory has different plans to suit the needs of diverse multi-channel businesses. Currently, you can choose from four options payable per organization, per month:

• Free Plan: $0
• Standard: $59
• Professional: $99
• Premium: $159
• Elite: $239

The above are annual rates. If you choose to pay monthly, the prices will increase slightly.

#2 – Cin7 Review – The Best for Enterprise Resource Planning

Cin7 can do more than inventory management. It’s a comprehensive cloud-based software that can integrate with other modules, including point-of-sale software, an e-commerce platform, and a warehouse management tool.

This solution is best for enterprise resource planning (ERP) platforms because it features built-in modules for every aspect of your business that are a part of its subscription plans. It has a fully integrated point-of-sale (POS) system, along with plenty …read more

Source:: Kiss Metrics Blog

Author: Aaron