If you run an e-commerce or retail Warehouse Management System for Small Business, one of your biggest concerns is likely to be tracking inventory and managing cash flow. We can forecast demand, ensure that no product stays in your warehouse for too long, and deal with potential depletion. While the use of software can help address these issues, it all starts with a smart inventory management strategy. Here are 5 of the best inventory management systems for small businesses you should consider.
Here’s something new and exciting: Warehouse Management System for Small Business is virtually free! You can save every penny for your business. Every penny you can keep for your business is a penny you can invest elsewhere, so free is good.
If you have multiple sites for your retail business, Stockpile allows you to easily manage them all from a single interface. You can also collect information on stock turnover through the reporting module. In addition, you can have an unlimited number of users, projects and locations and you never pay for it.
How much does it cost? Did I mention it’s free? The company is constantly adding new features and plans to add a customer management module and barcode scanning in the future. These features are available as add-ons to Stockpile, which are paid.
If you’re looking for more places to sell your products online than your own website, Cin7 is a great stock management platform to go with the flow. The brand recently announced a new integration with Walmart Marketplace. Similar to Amazon, Walmart Marketplace allows sellers to Warehouse Management System for Small Business their products on Walmart.com, helping you reach a wider audience.
Cin7’s strength is integration: the Cin7 Supply Chain App Store now has 120 such apps that can be “clicked and connected” with online marketplaces, shipping services, sales and marketing platforms, and payment solutions.
In addition, Cin7.
The possibility to create campaigns and gift cards
Fully integrated point of sale and inventory management
Real-time monitoring of sales and inventory
How much does it cost? Cin7 is slightly more expensive than other systems, starting at $249 per month, but because of its powerful features, you can avoid paying for other platforms that offer some of the services Cin7 provides. A free trial is also available.
If order fulfillment and shipping is time-consuming for your ecommerce business, OrderBot can help automate much of the process. From creating customizable packing slips to easily scanning and processing products using barcodes, this inventory management platform takes the headache out of order fulfillment.
Your order fulfillment staff will be delighted with the ease of optimal picking and packing, thanks to intelligent packing lists and the ability to create work orders. You, or your administrator, can manage inventory in multiple warehouses, so as you grow, the software grows with you.
How much does it cost? As this software is customizable, you’ll need to request a demo to get a quote tailored to your needs.
Wasp Inventory Management software
If your inventory management isn’t working well, you tend to run into stock-outs when you buy too much stock or don’t manage your inventory properly. Wasp inventory management software helps eliminate these stock-outs by helping you keep track of your inventory.
You’ll be alerted when stock is low, out of date or obsolete, helping you to ensure you always have the stock you need and that you move what needs to be sold as quickly as possible.
There are over 60 pre-built reports in the system. Giving you the insight you need to manage your stock and suppliers. You can even streamline your relationships with. Suppliers by entering detailed supplier information and creating a unique code for each supplier.
How much does it cost? With Wasp, instead of a monthly subscription fee, you pay a one-off purchase starting from $1,495. Which includes software, inventory scanning equipment and a printer.
If you’re looking to pack things up with. Your inventory management software, Trade can help you do it all: manage sales and inventory. Automate shipping, and get insightful intelligence reports. One of Trade advantages is that it integrates with a wide range of e-commerce platforms, including Shopify. Woo Commerce, Magneto, and It also works well with other software like Xerox Accounting. QuickBooks, Ship station, Starship IT, Load, Google Drive, and Salesforce.
Trade other features include.
Customer data management from a single system
Control inventory by SKUs, warehouses, currencies, taxes and price lists.
Batch tracking to improve your company’s workflow.
Get a clear overview of your data and forecast trends.
How much does it cost? Stock Software for Small Business . Plans start from $79 per month and you get a 14-day free trial to try it out first.
In business, it’s always good to figure out how to work smarter, not harder, in your business. Take advantage of the free trial and try it out