Managing your stock inventory is important in retail businesses. With cloud inventory management software, businesses can monitor and keep track of their inventory easily all from the cloud. Here are some of the best inventory management SaSS software available right now.
10+ Cloud Inventory Management Software
1. Cin7
2. TradeGecko
3. Finale Inventory
4. Fishbowl Inventory
5. NetSuite
6. Plex
7. CentralBOS
8. Boxstorm
9. Delivrd
10. Lokad
11. Dear Systems
What Is Cloud Inventory Management Software?
Cloud inventory management software is a specialized inventory management software where businesses manage and monitor their inventory and the availability of their stock from the cloud. This cloud-based inventory management software enables businesses to also monitor how much revenue and profit they make from the stocks they have in store as well as manage the warehouse delivery systems.
Benefits
Cloud inventory management software allows businesses to manage and monitor their stock availability that keeps their retails up-to-date with their stock inventory. The cloud-based inventory management software enables their businesses to manage and monitor their stock availability from the cloud, meaning such data is synced to the cloud which allows retail businesses of various branches to get the same, centralized information of their inventory stock. The cloud-based inventory software also helps businesses to keep track of the revenue they earn and the possible profits they could earn from their available stock.
Features
The cloud inventory management software should be able to allow the management and monitoring of stock inventory from the cloud to ensure a more smooth, centralized database for all retails of the business’ availability of products. The cloud-based inventory management system also provides RFID tools to allow businesses to keep track of their earnings from the products with their barcodes. The cloud inventory software should be able to integrate with other enterprise resource planning software such as warehouse management software, delivery management software, and many more. The cloud inventory platform software should also be able to provide data analytics software tools that allow businesses to see the earnings they made from the products they sold from their inventory, as well as forecasting tools that help estimate and predict they are possible earnings soon.
- Cloud-based management tools
- Centralized database
- RFID and barcode software tools
- Integration with other ERP software
- Data analytics tools
- Forecasting tools
Top 10 Cloud Inventory Management Software
1. Boxstorm
Boxstorm provides a cloud-based inventory platform that is free for businesses. Boxstorm has around 25 employees and earns a revenue of around $5 million.
2. NetSuite
NetSuite allows companies to “localize [their] supply chain” that provides “cost-benefit analytics” on their inventory management and supply chain decisions. NetSuite has 20,108 employees and earns annual revenue of $2.18 billion.
3. Plex
Plex provides companies with smart manufacturing solutions software that brings in great results for the future. Plex Systems has 653 employees and earns annual revenue of $94.7 million.
4. TradeGecko
TradeGecko empowers businesses to help grow their business with their cloud based order management software that provides great results and benefits. TradeGecko has 151 employees and earns annual revenue of $46.1 million.
5. Cin7
Cin7 provides businesses a cloud based inventory and order management software that provides specialized tools tailored for their business. Cin7 has 170 employees and earns annual revenue of $24.7 million.
6. Delivrd
Delivrd provies businesses with simple inventory management software that helps businesses to simply manage their stock inventory. Delivrd has around 25 employees and earns a revenue of around $5 million.
7. Lokad
Lokad helps businesses to better track their supply chain better that provides solutions that help businesses make well-informed decisions. Lokad has around 25 employees and earns a revenue of around $5 million.
8. Dear Systems
Dear Systems’ cloud ERP software enables companies to easily connect to every sales channel for a streamlined experience and solutions. Dear Systems has 29 employees and earns a revenue of $5 million.
9. CentralBOS
CentralBOS provides companies with their cloud-based business management software that provides all-in-one cloud ERP software tools and features for streamlined business operations. CentralBOS has 21 employees and earns annual revenue of $3 million.
10. Finale Inventory
Finale Inventory provides multichannel inventory management software for small businesses that helps them manage their inventory from all angles easily. Finale Inventory has 9 employees and earns annual revenue of $1.3 million.
FAQs
What’s the difference between cloud inventory management software and on-site cloud inventory management software?
While they both provide similar, if not identical features, each software has a different scope in reach. On-site inventory management software is restricted to one retail business’ inventory stock, meaning the management is only effective within that specific branch. Cloud inventory management software allows every retail business branch to access and view the stock inventory in centralized software, streamline communications between the branches and the main company.
Does cloud inventory management software work for e-commerce companies?
Yes. Cloud inventory management software helps all branches and channels of a retail business to track their stock availability easily that even customers can see how many stocks of a product are available. There is even specific inventory management software for eCommerce businesses through eCommerce inventory management software.
How much does cloud inventory management software cost?
Pricing for cloud inventory management software usually ranges from free to $3,000 per month or more, with custom pricing available for some software. Pricing for cloud inventory management software varies depending on the features available and the intended target business. Small businesses may benefit more from free or low-cost cloud inventory management software, while large businesses may benefit more from high-cost software.
With cloud inventory management software, businesses can easily monitor their stock inventory from its centralized cloud platform that can be easily seen anywhere.
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