Inventory Management Software is an essential aspect of managing a business, without it businesses may not be able to function properly as poor inventory management would be costly and lead to unproductive business. There are many inventory management software solutions offered, and picking the most suitable one can be an overwhelming task for any business. Take a look at the best 10 inventory management software trends in 2024 to help you find out a suitable tool for your business.
- NetSuite
NetSuite is a complete web-based inventory management and accounting system that manages its books of account, records real-time data on sales, orders & final products in the warehouse. It is suitable for every type of business with advanced features demand planning warehousing order fulfillment.
Key Features:
- Real-time inventory tracking
- Demand planning (forecasting)
- Warehouse management
- Based on various order management and fulfillment
2. Odoo
Odoo Open Source ERP with a powerful inventory management module. It is one scalable platform featuring all possible tools required to manage operations of B2B.
Key Features:
- Real-time inventory tracking
- Order management
- Warehouse management
- Customizable workflows
3. SAP Business One
One of the comprehensive ERP solutions is SAP Business One having one applicable module viz. For small to mid-sized businesses, it delivers visibility of your inventory in real-time, order management, and reporting.
Key Features:
- Real-time inventory tracking
- Order management
- Reporting and Analytics
- SAP ERP System Integration
4. Zoho Inventory
As Zoho is also a full-featured suite of business applications for growing businesses, think of Zoho Inventory as part one. With this software, users can benefit from features like order management and inventory control – plus an array of popular e-commerce platform integrations.
Key Features:
- Stock Maintenance and Tracking
- Order management
- Amazon, eBay, and Shopify integrations
- Multi-warehouse management
5. Cin7
Cin7 is a comprehensive inventory management software that allows you to connect with your chosen sales channels and all your business systems. This will be great for retailers, wholesalers, and manufacturers in need of a solution that scales.
Key Features:
- Omnichannel Inventory Management
- Inventory, Order & Fulfillment
- eCommerce / ERP System Integrations
- Inventory forecasting
6. Katana
Katana is an inventory management software for businesses and industries. The software provides the solution for small and medium-sized businesses.
Key Features:
- Real-time inventory management
- Multi-Locations
- Production scheduling
- E-commerce and accounting integrations
Codentrix Technologies‘s Inventory Management Software is a robust Inventory controlling software and a powerful tool helping you to simplify and mechanize all major inventory operations. With its easy-to-use screen and lots of features, this cloud-based inventory tracking system serves as the most powerful solution for businesses. It is ideal for small and mid-level companies that tend to automate inventory control.
Key Features:
- Real-time inventory tracking
- Barcode and QR code scanning
- Automated stock alerts
- Analytics and reporting in detail
- Scalable to support business growth
8. Unleashed
Unleashed is a cloud-based inventory management solution that caters to businesses in manufacturing, wholesale, and distribution. It provides capabilities such as inventory control, order management, and integration with other business systems.
Key Features:
- Inventory management and follow-up
- Order management
- Link with e-commerce, accounting software
- Real-time reporting
9. Fishbowl Inventory
Fishbowl Inventory is one of the good choices for a manufacturing or warehousing business as it is integrated with QuickBooks. It also synchronizes with QuickBooks, and includes features such as inventory control, manufacturing management, etc.
Key Features:
- Inventory Management, Control, and tracking
- Manufacturing management
- Order management
- QuickBooks integration
10. QuickBooks:
QuickBooks is first and foremost an accounting tool, it also includes solid inventory management. This is particularly handy for small businesses that require a seamless integration of both financial and inventory management suites.
Key Features:
- Inventory tracking
- Sales order management
- Accounting functions integration
- Real-time inventory updates
Ultimately, the appropriate inventory management software depends on your specific business needs and goals. The solutions listed above each have different features designed to enhance your inventory management operations.
There are various inventory management software options, and what works for one company might not be the best fit for another. Each offers a unique way to help manage your inventory. While there are many alternatives, what sets Codentrix Technologies apart are its remarkable features. This software scales with your business, making it easy to handle increased inventory capacity. Codentrix Technologies ensures the system is ready for your growing business without unnecessary clutter.
