Inventory management is a structured process of storing, ordering and controlling a company’s products. It can be one of the biggest hassles for an eCommerce seller, yet it is vital for the growth of your business. No matter whether you have a small inventory or a large inventory at hand, inventory management is an integral part of any business. The lack of an inventory management software can make you lose a customer due to low inventory levels or lose your money due to piled up slow-moving stock.
However, navigating through multiple inventory management software to find the best one can be a tedious process. To help you save your time and resources, we’ve gone ahead and compiled the best inventory management software for your small business.
Read on to find out which ones make it to the top 5!
List of Top 5 Inventory Management Software for SMBs
Ordoro
Ordoro is one of the most appreciated inventory management software because of its low cost and plethora of features. It has an uncomplicated fee structure, unparalleled customer service and bundles of features for eCommerce sellers.
And guess what? Ordoro doesn’t even require a download to run!
You can access the software using cloud services on the Internet. Ordoro also has a much simpler back office management to let you sell hassle-free anytime and anywhere. Here’s what you can look out for-
- A cloud-based host of tools
- Hands-free dropshipping feature
- Automatically route product to the appropriate drop-shipper
- Take orders with multiple products and separate SKUs
Zoho Inventory
If you’re planning to streamline your inventory, Zoho is the perfect option for you. It can help you manage your inventory on different sales channels, all from a single platform. It is a cloud-based platform that also provides you detailed insights about your inventory. With Zoho, you can grow your business by keeping track of every unit that you sell. Zoho offers:
- Offline and online order management
- Warehousing
- Multiple shipping integrations
- CRM integration
- End to end tracking
Tally.ERP9
Tally.ERP9 falls in the category of economic and an all-in-one solution for your inventory. It works both as a warehouse management software and inventory management software at the same time. Apart from managing your inventory Tally.ERP9 also assists the seller in managing accounting, payroll, and GST. It supports various languages and is available on all platforms. Here’s what you can look out for
In Tally.ERP9-
- Product management
- Warehouse management
- User-friendly
Fishbowl Inventory
Fishbowl is yet another software that makes it to the list of our top 5 inventory management software. Not just in India, but Fishbowl is used all across the world due to its numerous qualities. It is ideal for small and mid-sized businesses and offers advanced features to track your inventory. Fishbowl eases your task of asset management for your business by automating quoting, ordering and purchasing process. With its thorough knowledge center, you can easily use the platform and efficiently manage your inventory. Here’s what you can look out for in Fishbowl inventory management software-
- Real-time tracking
- Shipping integration
- Barcode scanner setup
- Merchant services
- Multi-channel inventory management
Dear Inventory
Dear Inventory is a simple yet powerful software for inventory management. It helps to automate your business execution tasks with multiple features. Right from manufacturing to the point of sale, Dear Inventory helps in accomplishing it all for your business’s inventory. Some of its remarkable features for your business include-
- Product families
- Detailed Inventory reports
- Inventory control
- Re-order stock levels
- Stock adjustments
- Full purchase and sales history
- Unlimited BIn locations
Now that you have the top 5 inventory management software right in front of you, pick the one that fits your business requirements. Inventory management can be one of the most significant factors responsible for the growth of your business. So if you’re not doing it yet, you’re probably losing your customers without even knowing about it.
