Grow Your Business with the Right Inventory Management System: The Best Inventory Management Systems for Startups and Small Businesses
Having the right inventory management system in place will make your job a lot easier! Here are the best inventory management systems for startups and small businesses to consider!
If you are running a retail store, you probably know that one of your main problems is inventory management. As an owner you have constantly got to be able to ensure no stock or product sits on the shelves for too long, you should be able to forecast demand, and deal with shrinkage. Even though you can handle all of these problems with a smart inventory management technique or strategy, having the right inventory management system will do the work for you. Having such software in place will make your jot a lot simpler.
Having the right right inventory management system in place will help you grow your business. In this article, we are going to share some of the best systems for startups and small businesses to consider:
- TradeGecko – This is a great inventory management system as it helps you do it all – get insightful and accurate intelligence reports, manage sales and stock, take care of the orders, automate shipping and so much more. One of the best thing about this platform is that it integrates with different ecommerce platforms such as WooCommerce, Shopify, Amazon, and Magento. Other features of this system are control stock across SKUs, currencies, warehouses, taxes, and price list, manage customer data from a single system, get a clear picture of your data and predict future trends, batch track to improve your company workflow, and etc. The basic plans start at $79 per month, and if you want, you can get a 14-day free trial to test the software out.
- Cin7 – If you are looking for different places to sell your items online, beyond your own ecommerce retail store, look no further as this is the perfect inventory management platform for you. They recently announced a new integration with the Walmart Marketplace which allows sellers to reach a larger audience by presenting their products on Walmart.com. This platform can also offer you a fully integrated point-of-sale and inventory management, the ability to create gift cards and promotions, real-time tracking of inventory and sales.
This platform is a little bit more expensive when compared to other systems. The basic price is $249 per month, however with the robust features it offers, it is totally worth it. A free trial is available, so you can try and see if this platform suits you or not.
- OrderBot – If taking orders, fulfilling them and shipping them out is a complicated and time-consuming process for you, OrderBot is here to help you automate the process. From using barcodes to easily scan and process the product to creating customizable packing slips, this software takes the stress and headache out of order processing. Your employees will be pleased with the simplicity of this platform, as well as having the ability to focus on more important things such as offering a better customer service. You can manage your inventory at multiple warehouses, as you grow, the platform grows with you. The software is customizable which means you will have to request a demo so you can discover the price you have to pay.
Regardless of the inventory management system you select, make sure to take advantage of the free trials they offer to test them out. After all, you want to be absolutely sure that the chosen system meets your specific business needs to help you automate and simplify your inventory management and cash flow.