5 Best Software for Inventory Software For Small Business In 2021

Software For Inventory Management
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5 Best Software For Inventory Management In 2021

Inventory management software helps companies track goods or parts throughout the supply chain – from manufacturer or wholesaler through assembly, warehousing and sales – and reduce costs, which also helps keep the bottom line in shape.

Before deciding on a system, learn about your company’s inventory tracking needs. inventory software for small business, such as retail stores, typically use a simpler inventory system, often linked to POS software, while B2B companies need a system with multiple picking or accounting tools. Larger companies need something more robust, such as an enterprise resource planning (ERP) system.

Based on our evaluations, the best inventory MA

  • Agiliron: Best inventory management for B2B retail
  • inFlow Cloud: best barcode-based inventory software
  • QuickBooks Online: best for businesses with advanced accounting needs.
  • Ordoro: Best for high-volume sellers and dropshippers.

Looking for something more specific? Check out the best restaurant inventory management and POS systems with built-in inventory management features:

  • MarketMan: The best overall restaurant inventory software
  • Upserve: the best POS system for restaurants that want automated inventory management
  • Lightspeed Retail.
  • Shopify: Best for online stores and multi-channel retailers.

If you need a free solution, check out our selection of the best free inventory management software.

If you’re not ready to buy software or prefer to work with a spreadsheet, you can download our free inventory management workbook. It allows you to calculate inventory software for small business turnover rates, set low stock alerts and track stock levels, sales and purchase orders.

How we evaluate your inventory management software

We prioritized inventory management systems that are cloud-based, easy to use and have pricing plans suitable for small and medium-sized businesses. We also looked at key features such as real-time and multi-site tracking, the ability to perform mobile inventory counts and detailed inventory, and the types of reports the system can provide, such as COGS and cost reports.

We also consider how well it works in industries other than retail,

whether it can handle multiple warehouses or sales channels, what integrations it allows, and how easy it is to get help. We did not consider ERP systems and other enterprise-level systems.

Based on these benchmarks, Inventory is the best inventory management software for small businesses. It received the highest overall score (4.58 out of 5) of the seven inventory platforms we looked at.

Inventory management software helps businesses track goods or parts throughout the supply chain – from manufacturer or wholesaler through assembly, warehousing and sales – and reduce costs, which also helps keep finances in order.

Before deciding on a system,

learn about your company’s storage needs. Small businesses, such as retail stores, typically use a simpler inventory system, often combined with point-of-sale (POS) software, while B2B companies need a system with multiple picking or accounting tools. Larger companies need something more robust, such as an ERP (Enterprise Resource Planning) system.

Based on our reviews, the best inventory management software for small businesses are:

  • Inventory: best general inventory management software for small businesses:: best general inventory management software for small businesses.
  • inFlow Cloud: best barcode-based inventory software
  • QuickBooks Online: best for businesses with advanced accounting needs.
  • Ordoro: Best for high-volume sellers and dropshippers.

Looking for something more specific? Check out the best restaurant inventory management and POS systems with built-in inventory management features:

  • MarketMan: The best overall restaurant inventory software
  • Upserve: the best POS system for restaurants that want automated inventory management
  • Lightspeed Retail.
  • Shopify: Best for online stores and multi-channel retailers.

If you need a free solution, check out our selection of the best free inventory management software billing software for small businesses. If you don’t have the time or the money to spend, you need a free stock checkout solution.