All industries and businesses have been digital and managing all business operations easily and automatically. Also, the advancement in technology has transformed running businesses in an easy and automated way. There are many inventory management software that help businesses to keep records of each item, avoiding hidden costs. In this article, you will uncover 5 top inventory software that will help you grow your business fast. First, understand what is inventory management and why businesses need it.
What is Inventory Management Software?
The inventory management solution automates inventory and warehouse handling aspects, which assists in simplifying the required tasks to track inventors, from managing to record and updating accounting details. If you think top inventory management software is just for large-scale businesses, remember Inventory management impacts each aspect of your business and every business needs to consider this. Additionally, it is the key to running a successful business, from warehousing costs to fulfilling orders precisely and on time.
5 top best Inventory Management Software in India
1. Marg ERP
Marg ERP is the best inventory software in the nation. This software helps businesses manage their inventory with MRP, Name, Category, Brand, and Rack-wise. This software also sends you alerts for near-expiry, shortage, excess, and expired items, helping you save losses on expiry wastage and shortage. Users also can place orders online through their ERP software to distributors’ ERP software by comparing them on cost and offers.
2. MargBooks
MargBooks inventory management solution provides you with 24/7 accessibility to all data and transactions. You can track the inventory any time and anywhere on any device, and make an informed decision. This online inventory software lets you manage business operations online. Also, using the software, you can send your customers auto-payment reminders and invoices, ensuring timely payment and saving you costs on printing.
3. Zoho Inventory
The Zoho inventory offers businesses the complete suite of services based on software needed to handle order fulfilment, drive sales, and control shipping costs. The software provides all the features required to handle the entire supply chain, letting businesses avoid relying on various service providers.
4. Oracle NetSuite
Oracle NetSuite Inventory Management provides a set of tools and features for increasing inventory availability and levels. It allows your company to promptly gain an in-depth live view of key shop floor performance metrics, key suppliers, and inventory management.
5. Cin7
Cin7 is a true cloud-based inventory management software that is completely integrated and aids in simplifying stock management across several methods. Cin7 adds your products, stock locations, offers, channels, warehouses, reports, process flows, and other systems into a single automated and online solution.
Conclusion
Inventory software is a must to run a business and dive into a successful journey in a business. Inventory software manages inventory in an executive way – MRP, Name, Serial No., Category, Brand, & Rack-wise and alerts you for re-order, near-expiry, out-of-stock, available, and expired items, helping you manage inventory effortlessly. Using the software, entrepreneurs may know each update about each item and maximize customer experience. If you need inventory software for your business, you can rely on anyone mentioned above.
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