Cloud Inventory management is an important part of any business, whether it’s a small shop or a large corporation in manufacturing, wholesale, retail, or any other sector.
It is your responsibility to meet your customers’ expectations and deliver goods on time, which necessitates effective cloud inventory management and tracking.
If not done carefully, it becomes even more cumbersome and difficult. As a result, your fulfillment capability and warehouse costs may be impacted. You might even end up putting a lot of money into a stock that doesn’t sell. But don’t worry; there is a way to resolve these problems.
It’s Cloud inventory management software, to be precise. With its unique and useful features, it ensures that you handle those problems efficiently and effectively, making everything streamlined and risk-free.
Let’s learn more about Cloud inventory management software and how it can benefit your company.
What is Cloud Inventory Management?
Cloud Inventory management software keeps track of a business’s current inventory, including stocks, purchases, and sales. It assists you in keeping track of all data, maintaining effective stock levels, and simplifying product pricing.
The software can help you automate processes like trading, ordering, transportation, costing, storing, assembling, shipping, and delivery to make product logistic management easier. It also eliminates the need for manual tasks, resulting in increased efficiency, cost savings, and time savings.
Furthermore, it provides useful information to assist you in accelerating your business’s success. Advanced inventory management software is now available in the market, and it comes in a variety of types and applications based on the industry, business type, and inventory type.
Cloud Inventory management software that is cloud-based is even more useful because it can be updated and synced in real time.
The following are some of the key features of modern inventory management software:
- Optimization of inventory
- Asset management
- Organizing warehouses, identifying products, and more
Best Cloud Inventory Management Software
Here are the best Cloud Inventory management software for small to big businesses updated for 2021.
Veeqo
Veeqo’s single platform provides complete inventory control regardless of the number of warehouses or sales channels from which you operate. It’s jam-packed with best-in-class features to help you provide an exceptional customer experience. Maintain real-time inventory accuracy across multiple sites, physical stores, and marketplaces.
You can sell wherever you want and get real-time stock level updates. Inventory syncing, multi-warehouse routing, inventory forecast, and other multichannel inventory features are available through Veeqo. Using a single platform, you can manage orders across all of your sales, ensuring that you never miss out on orders or oversell them.
Returns management, helpdesk integrations, a smartphone app, and wholesale management are all included. Veeqo’s simple platform helps you pack, pick, manage, and ship your products without hassles, increasing warehouse productivity. Barcode scanning, picking automation, Veeqo scanner, and warehouse reporting are among the additional features.
Ship orders in bulk from various sales channels in a timely manner, track deliveries, and automate all repetitive tasks in one place. Print shipping labels, parcel tracking, auto carrier selection, and integrated shipping labels are all part of the package.
Unleashed
Unleashed gives you instant visibility into your production, inventory, suppliers, and customers, allowing you to effectively manage them. Distributors, wholesalers, and even manufacturers will benefit from this platform. They assist you in managing everything with their extensive feature set, allowing you to save time, improve performance, and increase profits.
They provide you with continuous inventory control, so you’ll always know how much stock is on hand and where it is. Maintain lean and quick stock counts and levels regardless of how many warehouses and products you manage.Unleash the power of Unleashed to avoid stockouts, master margins, raise quick sales orders, use strategic pricing, control stock globally in various supply chains, and more.
By tracking serial numbers and batch numbers, product bills, auto-assemblies, and assemblies, you can provide greater transparency to the complicated manufacturing process. Maintain healthy profit margins and keep track of accurate manufacturing costs.
Unleashed enables distributors and wholesalers to easily manage multiple warehouses using a single system, simplify stock takes, buy and sell in multiple currencies, and scan barcodes. Using their Business Intelligence tools, you can keep track of how your company is doing with updated KPIs.
Thousands of retailers and sellers rely on Cin7 to help them efficiently manage their entire inventory, increase sales, and expand their business. Cin7 is a powerful tool that allows you to connect your items, stock locations, sales channels, orders, workflows, warehouses, reports, and more into one automated solution.
It provides your finance, operations, eCommerce, and warehouse managers with the tools they need to do their jobs well. As you receive purchase orders and process dispatch, Cin7 organizes your warehouse with its configurable fulfillment.
With automated stock tracking, order management, and shipping, it helps eCommerce businesses reduce selling stress. To manage your orders, shipping, inventory, workflows, and accounting, the software supports over 550 integrations. Salesforce, Amazon, Shopify, Xero, QuickBooks, Accent, Synnex, 3PL Center, Shippit, PayPal, and other popular tools can all be integrated with Cin7.
Zoho
With Zoho, you can get an all-in-one Cloud Inventory management solution. It assists businesses with their inventory issues by managing orders, tracking inventory, and handling tax. For better stock control, the single application allows you to group, customize, and track products in one place.
You can classify products based on their characteristics, manage them across multiple warehouse locations, track their movement, and keep track of their serial numbers and expiration dates. Maintain a positive customer experience by managing operations from order acceptance to dispatching without having to fill out data at each step.
Create packing slips and print labels in the format you want, convert sales orders into invoices, send them via email, and keep track of their status. Integrate with post-shipment to keep your customers informed at all times; shopping carts and marketplaces to increase sales; Crossfire EDI to automate the order receiving process; accounting solutions like Zoho Books; and CRMs like Zoho CRM to grow your business.
Brightpearl’s digital operation software is retail-specific and designed to support Omnichannel merchants’ operational agility. It enables them to increase sales, adapt to changing market conditions, and exceed customer expectations.
Cloud Inventory, post-purchase, order management, fulfilment, warehousing, shipping, accounting, purchasing, POS, CRM, business intelligence, and supplier management are just a few of the critical operations that Brightpearl can help you automate and centralize.
To save time and money, consolidate your offline and online sales channels, suppliers, inventory locations, and customers into a single system. From shipping to order fulfilment, inventory allocation, purchasing, and invoicing to accounting, automate labor-intensive and other critical processes throughout the workflow.
With financial views, real-time analytics, and forecasting on products, customers, and sales channels, you can turn your business operation data into useful, actionable insights to help you make better and faster business decisions.
DEAR Systems
DEAR is a cloud-based ERP system that enables companies to connect with various sales channels, manage them, and expand their operations. It is an effective Cloud Inventory management system for a variety of businesses, including manufacturing, wholesale, and retail.
This multi-module inventory management software helps you grow your business faster by automating the process and saving you time. It simplifies operations by combining features into a single piece of software for managing sales across multiple channels. With bills and other data clearly visible on the easy-to-use dashboard, make informed decisions for manufacturing, production, and sales.
You can eliminate financial risks by integrating VAT-compliant inventory and accounting software. Furthermore, it simplifies B2B payment for all invoices and completed orders. Everything, including production planning, raw material purchase scheduling, and capacity planning, can be handled smoothly.
QuickBooks
QuickBooks can help you manage your business across multiple channels. It enables you to easily list your products on various platforms and manage them in order to raise brand awareness while expanding your customer base.
Track fulfilment and inventory across all locations and sales channels in one place, and keep track of every activity to ensure that your product listings, data, and orders are always current. QuickBooks is one of the best accounting software programmes for tracking expenses, income, profit margins, and revenue, among other things.
Invoices, financial data, bank reconciliation, budgeting, and data entry can all be automated. Easily organize everything and prepare for tax season without a lot of work or stress. To stay compliant and maximize deductions, simply capture and store all receipts and stay informed with their mobile application.
QuickBooks allows you to link your credit card and bank accounts to gain instant access to your cash flow. With a few simple clicks, you can see your profits, losses, and balance sheets at a glance, simplifying your bookkeeping.
Orderhive
Orderhive’s simple-to-use but powerful Cloud Inventory management software helps you streamline processes so you can focus on growing your company. Serialize inventory in lots and batches, sync it across sales channels automatically, and find it quickly with the software.
Using the virtual product storage dashboard, you can simplify product management whether you have thousands of SKUs or just one, multiple stores or just one. Manage simple, bundled, and variant products in your product catalogues.
You can customize pricing, export and import bulk product data, create and print barcodes, manage multiple inventory locations, and take advantage of smart tagging and categorization. Real-time inventory tracking, commitments, and due arrivals, as well as offline and online inventory synchronization and automated rules
Manage batch numbers and expiration dates, as well as multi-warehouses such as Amazon FBA and 3PL. With accurate, real-time reports on inventory audit, stocks, COGS, backorders, price history, purchase history, and movement summary, you can stay informed and make informed business decisions. Orderhive can be integrated with a variety of platforms, including Amazon, eBay, Stripe, WooCommerce, Bluedart, Xero, USPS, FedEx, and more.
Conclusion
The days of spreadsheets are long gone. New and emerging technologies enable you to manage your Cloud Inventory a quick, secure, and simple manner. As a result, inventory management software can help you manage everything from stock purchases to storage, bookkeeping, orders, fulfillment, billing, payments, and tracking your company’s performance.