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Inventory Software

Accurate, up-to-date inventory software is critical to business success. If you are looking to reduce costly inventory errors, improve your ability to meet customer demands, and lower your operational costs, the right inventory control software program is an indispensable business resource. With so many choices, finding the right program to meet your particular needs can be difficult. Understanding the different features and capabilities available to you is the first step in making sure you make the right decision.

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Find out why thousands of businesses trust Software Connect to help narrow down thousands of options to a managable list of top recommendations. There’s no pressure, no obligation, and no cost. Sound good? Let’s get started!

The companies and representatives you sent our way were prompt and thorough… I definitely would recommend your company as a means to exploring options with qualified providers. — Bruce Conley
Your service saved me some very valuable time and hooked me up with some excellent resources. Thanks for providing this top-notch service. — Linda Vittori
Thanks! Having a service like this to help navigate the ocean of accounting software and help identify potential good-fits without having to delve through numerous bad-fits is of tremendous value! — Mark Carpenter

What is Inventory Software?

Inventory software (also known as inventory management and inventory control software) keeps track of all information about the items that your company builds, buys, stores or sells. Inventory software simplifies the management of pricing products and helps maintain the most effective stock levels. Inventory software lets you know exactly what you have on hand and where to find it. A smart inventory control module will also alert you when it’s most advantageous to re-order stock.

Critical business benefits enabled by inventory include:

  • Reduced stock level requirements and lower warehousing costs based on better understanding of stock movement
  • Decreased expenses related to tasks such as picking, packing, kitting, and shipping of inventory based on more intelligent inventory movement management
  • Higher customer satisfaction via visibility to on-hand stock-levels and improved ability to set delivery expectations
  • Minimization of theft and loss based on improved visibility of stock counts and movement histories that make forensic inventory loss analysis easier to conduct

Key Features of Inventory Software

Functionality Definition
Inventory costing Inventory costing provides the means of establishing the cost value of inventory for profitability tracking and tax accounting (cost methods include: FIFO, LIFO, average costing, and others)
Location tracking Inventory location tracking aids in picking/packing/shipping tasks and helps improve inventory loss prevention
Stock count tracking Stock count tracking provides a record of the on-hand units for each SKU
Bar-coding Bar-coding is a scanning technology that allows for greater efficiencies in inventory look-up activities compared to systems that require manual part # entry
Serial number tracking Serial number tracking allows for identification of the particular unit being sold/repaired/built etc
Lot number tracking Lot number tracking allows for tracking of groups of inventory and is often used for management of inventory that cannot be easily tracked as individual units
Kitting Kitting features allow for multiple items to be combined to form another item
Pricing management Pricing management features allow for the association of price info with particular SKUs and can be used for more sophisticated pricing tasks such as determining discount eligibility
Bill of materials Commonly described as a manufacturing recipe, the bill of materials lists material quantities and assemblies needed to manufacture an end produc
Inventory audit management Inventory audit management capabilities help reconcile inventory records with actual item stock counts
Color/size matrix A color/size matrix is an inventory database management feature that provides for more efficient database management by minimizing the amount of records required to track different product cobminations that vary by color or size
Sku relationships Supporting the creation of relationships between items in the inventory database can help inform salespeople about opportunities to upsell or cross-sell customers who are interested in particular items
Landed cost tracking Landed cost tracking allow for the association of all costs associated with acquiring inventory (including shipping, duties, and related fees) which provides for more accurate per product costing
Unit of measure conversion Unit of measure conversion capabilities can handle standard conversions (ig, yards to meters, pounds to kilograms) as well as user definable ones (pallets to cases) allowing for greater flexibility in item quantity tracking
Catchweight tracking Catchweight inventory tracking provides for a means of managing where items are tracked by one unit of measure (for example, packages or cases) but priced on the basis of weight (or other measurement)
Back order tracking Back order tracking capabilities provide the ability to reserve incoming stock to meet the obligations of pending customer orders
Inventory hold management Inventory hold management allows for reservation of existing stock to fill customer orders and helps prevent duplicate promising of inventory which can cause customer satisfaction issues and negatively affect customer retention
Replenishment thresholds Replenishment thresholds provide a means of systematically specifying the stock count level which should signal re-order of the inventory item; replenishment thresholds can be connected with system alert/notification capabilities to ensure that out-of-stock situations do not occur
Quality metrics Quality metrics enable track information about the condition of individual inventory items, which can be used in supplier selection and other inventory related decisions

Inventory Control: Managing Your Products for Sales Success

Maintaining the right amount of stock is critical to meeting customer demands. But it’s not as easy as just having extra stock on hand. Over-purchasing stock can tie up valuable cash resources, incur warehousing expenses, and create losses on items with sell-by restrictions. Inventory control software provides comprehensive control of your products, including pricing lists, item counts, and location tracking.

Maintain accurate stock counts with inventory control software

No matter what size your company is, you need to accurately track inventory and sales to maximize your profitability. When you automate your inventory you’ll always have an up-to-date item count that allows you to quickly determine which products are selling and which are not. By understanding sales trends, you can accurately plan your purchases to lower costs associated with storing physical items. Stocking the right items at the right time is one of the main factors in ensuring you are meeting customer demands and enhancing your ability to increase revenues.

Save time by automating inventory tasks

Inventory control software offers a variety of tools for automating time-intensive tasks related to keeping track of stock. Bar-coding and RFID compatible options are available to allow you to gather individual item information by scanning the item rather than manually keying in data. Additionally, inventory control software can store precise information on item locations, so you always know where to find your products and don’t lose time trying to locate stock.

Popular Inventory Software Products

Looking for great inventory software options? Below you can check out a list of the products most commonly considered by others searching for inventory software. The list on this page is based on many years of real software matches. But everyone’s needs are different. Browse for fits with your specific requirements or let us help you identify your top options.

Which software is right for you? Get quick and accurate recommendations.

What if you could simply tell someone about your software needs and they’d find your best choices? Look no further. We’ll listen to your needs and find your top software matches. That’s it. There’s no pressure, no cost.

The companies and representatives you sent our way were prompt and thorough… I definitely would recommend your company as a means to exploring options with qualified providers. — Bruce Conley
Your service saved me some very valuable time and hooked me up with some excellent resources. Thanks for providing this top-notch service. — Linda Vittori
Thanks! Having a service like this to help navigate the ocean of accounting software and help identify potential good-fits without having to delve through numerous bad-fits is of tremendous value! — Mark Carpenter
  • PlanningEdge by PlanningEdge

    Reduce inventory costs - Carrying extra inventory, especially for extended periods of time, can quickly eat away at margins. PlanningEdge's Inventory Management Suite synchronizes stock levels with forecasted demand and order volatility....

  • Fishbowl Inventory by Fishbowl Inventory

    As companies grow they find that the QuickBooks Inventory control capabilities are no longer sufficient for their inventory control needs. They expand beyond multiple locations, the number of products they stock increases, they move into...

  • Dynamics GP by Microsoft

    Microsoft Dynamics GP is an ERP solution designed for small and mid-market businesses. Key capabilities of Dynamics GP include: Financial management and accounting Inventory management and...

  • Sage 100 by Sage

    Drive growth with enterprise resource planning (ERP) software that helps you run your business better. Sage 100 is an innovative, flexible solution for growing businesses with a low total cost of ownership which offers modern architecture, robust...

  • HighJump WMS by Accellos

    HighJump WMS delivers a powerful, scalable and flexible real-time Warehousing Management System (WMS) for distributors. HighJump WMS has the power to help you: Increase supply chain visibility - HighJump WMS integrates seamlessly with many...

  • Warehouse Management ES by Intuit

    Warehouse Management ES, is designed to help you streamline the critical operations of your warehouse. The system should specifically give you the functionality and features you need to reduce your overhead, lower inventory costs and tighten up...

  • Distribution Essentials by Blue Moon Industries

    Enhance the distribution functionality of your Microsoft Dynamics GP system with our Distribution Essentials collection of Software...

  • RedBeam Inventory Software by RedBeam

    Inventory control made easy! RedBeam Inventory Tracking is inventory control software designed to help you control inventory levels and item movements in your warehouse, distribution center, stock room or store. Want to streamline your inventory...

  • Clear Spider by Clear Spider

    Clear Spider is designed to support the requirements of controlling inventory whether its yours, its needed for an e-commerce store, its consigned or its at a 3PL. The software is workflow enabled so we can emulate your processes. It also has task...

  • NetSuite ERP by NetSuite

    NetSuite ERP is a cloud-based, developer-hosted, cloud ERP software platform offered on a software-as-a-service (SaaS) basis. NetSuite advertises its ERP solution as "the world's most deployed cloud ERP" solution. NetSuite ERP is used by over...

  • Dynamics NAV by Microsoft

    Dynamics NAV is an ERP product developed by Microsoft for small and mid-market companies. The solution offers product functionality covering financial management, supply chain management, manufacturing, project management, and service...

  • Sage 300 by Sage

    Sage 300 is a business management software solution designed for small and medium-sized businesses. Critical program functionality includes support for accounting, sales, service, purchasing, and inventory management tasks. Sage 300 helps...

  • Warehouse Management ‑ WISE by Royal 4 Systems

    WISE features comprehensive Inventory Control that affords immediate visibility to all. It is a real time system that can integrate into your existing host systems or stand-alone. Receiving, dynamic put away, let downs replenishment and forward...

  • SAP Business One by SAP

    SAP Business One provides comprehensive business management capabilities for small and medium sized companies. 50,000 plus companies utilize SAP Business One to provide integrated departmental support for finance, sales, supply chain,...

  • TRAVERSE by Open Systems

    TRAVERSE is an ERP system from Open Systems, Inc. offering financial, operations, and sales functionality. Traverse provides comprehensive integration for key business processes, while offering the ability to scale from 5 to 500 users....

  • Acumatica ERP by Acumatica

    Acumatica is a cloud ERP system designed for the SMB market. Acumatica includes functionality for financial management, customer management, project accounting, distribution management, manufacturing management, field service management, and...

  • Inventory Planner by Valogix

    VALOGIX® Inventory Planner is a next generation inventory forecasting and planning tool that will forever change the way you plan your inventory. VALOGIX Inventory Planner is a PC-based inventory planning software solution. It enables you to...

  • Sage ERP X3 by Sage

    Sage ERP X3 is the most powerful and flexible business management solution offered by Sage. It empowers mid-sized and larger companies within the manufacturing and distribution industries with the ability to grow a competitive business with limited...

  • ConnectedBusiness ERP by ConnectedBusiness Systems

    A true Omnichannel ERP & POS solution designed by ConnectedBusiness. Connected Business is a fully integrated omni-channel business solution designed to increase the operational efficiency and profitability of Distribution, eCommerce, Retail and...

  • Epicor E10 ERP by Epicor Software

    Guided by the need of today’s users, Epicor ERP is a global enterprise resource planning solution that delivers the choice, flexibility and agility to drive growth and opportunity throughout your business. Track, measure, and monitor your...

  • SYSPRO 7 by SYSPRO

    SYSPRO - Software You Can Count On Every day thousands of people on six continents rely on SYSPRO for information, functionality and technology. Formed in 1978, SYSPRO has stood the test of time as a company and as a business solution for...

  • True ERP by True ERP

    TrueERP is a software solution that goes beyond accounting. It is a true ERP solution designed to integrate the information from all your key business functions from inventory control, purchasing and manufacturing through to sales and fulfillment...

  • Inventory4000 by Real Asset Management - Fixed Asset Management Software

    Providing detailed information against inventory and stock items, this module stores both analysis codes and descriptions, as well as recording transfer and disposal events, technical inspections and maintenance plans. Fully integrated with...

  • IntelliTrack Inventory Software by IntelliTrack

    IntelliTrack Inventory software allows Inventory Managers to efficiently perform regular physical inventories. Using a Windows CE/Mobile handheld computer with integrated barcode reader, personnel can quickly scan the location barcode, item barcode...

  • GIMS by Softkey Microsystems

    GIMS is a third party product working with Sage AccPac. It is a powerful tool that facilitates the inventory tracking and daily order, invoice and purchase orders processing operations common to the apparel, footwear and similar soft good...

  • Inventory Cycles Pro by Custom Design db, LLC

    Inventory Cycles Pro is a specific inventory tracker for companies who need to track the individual life cycle of an inventory item. This application is useful for Laboratories, Data Processing and Storage Companies, and File Storage Companies....

  • Inventory Search by Progressive System Solutions

    This powerful search utility lets users search by multiple fields at the same time for Inventory items. Results are then displayed in a grid for drill down or reporting. Can be added to all screens where inventory is used. Manage inventory more...

  • E‑Syst by Rennie, Lindsey and Associates

    Wholesale distribution package includes the applications listed below Accounts Payable Accounts Receivable Customer Service Foreign Currency General Ledger Inventory Control Purchase Order Processing Sales...

  • TechnoERP by TechnoResources Inc.

    TechnoERP is a fully integrated, multi-user, manufacturing and accounting system. The intuitive user interface makes it easy to use and understand, while behind the scenes the program utilizes powerful algorithms. If you manufacture products...

  • AccountMate 10 for SQL and Express by AccountMate Software

    AccountMate 10 is a real-time, customizable business management and accounting solution designed to address the needs of medium-sized businesses. AccountMate takes advantage of the speed of client/server technology and the latest...

  • Sage Fixed Assets by Sage

    It's an unfortunate reality that many companies and organizations overpay thousands, sometimes even millions, in insurance and tax costs due to improperly or ineffectively managing and depreciating their fixed assets. Sage FAS Fixed Assets provide...

  • Finale Inventory by Finale Inventory

    Finale Inventory is a cloud-based inventory management system that is easy to understand, affordable, and adaptable to the needs of your business. You can access Finale from a web browser or mobile device from anywhere, so employees in different...

  • Visual Ledger by Aboard Software

    Visual Ledger is a robust, very scalable and perfectly priced ERP software package that addresses the present and future needs of your growing business. The system incorporates as standard features many unique features that are either not...

  • Total Inventory Management by i2

    In today's ever increasing global environment, product life cycles have been shortened, requiring new inventory management processes to be adapted. The operational demands of today's world require companies to continuously manage their inventory....

  • inFlow Inventory by inFlow Inventory Software

    Get yourself organized *Product List* All your product info in one place including pictures, prices and categories *Movement History* Never loose track of any item ever again. Know where everything was and where it will be *Multiple...

  • Inventory Power by InventorySoft

    Inventory Power 2.0 is an inventory management software that designed specially to meet the requirements of small and medium sized enterprises(SME), such as computer store, cell-phone store, bookstore, boutique, online shopping malls etc. It is...

  • InfoNet Inventory Request System by MPulse

    CMMS Software Products MPulse Maintenance Software provides three types of CMMS software tools: Desktop Maintenance Tools – used by the planner, administrator and/or manager to manage the entire MPulse System. Each MPulse system must...

  • MVI Inventory Solution by mviSolutions

    MVI Inventory solution provides a complete inventory management solution, it helps you in tracking & controlling inventory items to ensure adequate supplies at all times. With the ability to track items by serial numbers, generate and print barcodes...

  • QR Inventory by AHG

    QR Inventory is a modern, innovative, simple to use and easily customizable small business inventory management solution that grows with your business. ##Editions## QR Inventory is available in three editions: Lite, Standard, Pro. QR...

  • MasterTools ‑ Manufacturing by Online Computing

    With MasterTools, all elements of your business process flow through a relational database that enables you to access, monitor and control every aspect of your business in real-time. Managers can see the entire process, quickly and easily track...

  • Apps Halo Inventory by OverDrive Solutions

    Inventory Management & Replenishment is designed to help you align your inventory with customer demand. This product will aid in your forecasting and demand management, while also helping you manage your replenishment. This product can help you...

  • Unleashed by Unleashed Software

    The right stock, in the right place, at the right time, all the time. It's easy and enjoyable with Unleashed inventory software. ## Complete visibility With everything online you can see how your business is ticking along in real-time from...

  • AdvancePro by AdvancePro Technologies

    AdvancePro simplifies operational processes such as buying, selling, warehousing, & shipping, in order to make them more efficient and effective. AdvancePro facilitates administrative and operational functions like warehouse & inventory control,...

  • Tofino by Tofino Software

    Our philosophy has always been to deliver a fully-integrated solution, with all the bells and whistles required to get the job done. We have invested the time to build features that could truly be delivered as stand-alone applications, but are...

  • eTurns TrackStock by eTurns

    eTurns TrackStock is simple, cloud-based inventory software that automates replenishment based on need and provides real-time inventory visibility into remote stockrooms. Using barcode scanners, smartphones, IoT weight sensors and RFID, eTurns...

  • Openbravo by Openbravo

    Legacy ERP systems were designed for dedicated back office users who would undergo extensive training to work the system. Consequently, many ERP projects continue to suffer from adoption failure during rollout, due to poor usability - today's busy,...

  • Business ByDesign by SAP

    The SAP Business ByDesign cloud-based solution (formerly referred to as code name A1S) is a new addition to the SAP offerings for small businesses and midsize companies. It is targeted to the unmet needs of these enterprises, which have...

  • ECi M1 by ECi Software Solutions

    ECi M1™ is an enterprise resource planning (ERP) solution, providing total integration and automation of jobs from quoting through invoicing. M1 is a business system designed for small-to-medium manufacturers including job shops, custom,...

  • Infor VISUAL by Infor

    Infor VISUAL Enterprise was the first true Windows-based Enterprise Resource Planning (ERP) solution for custom, assemble-to-order, make-to-order, make-to-stock and mixed mode manufacturers. Its leading-edge technology is designed to manage the...

  • Mar‑Kov CMS (Chemical Management System) by Mar-Kov Computer Systems

    Mar-Kov software focuses on Process, Batch, and Recipe / Formulation based manufacturers. We believe in best-of-breed solutions, and deliver specialized implementations for each of the following industries: Chemicals Pharmaceuticals...

Your Inventory Software Recommendations

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