8+ Retail Inventory Management Software

In retail, different processes and activities are done to ensure an efficient operation. Retailers need to perform finance and accounting, human resource, marketing, sales, safety, and security arrangements, merchandising, retail inventory management, and many others. Retail inventory is a comprehensive list of products and services that a retail business offers. An inventory needs to be regularly updated and managed to ensure efficient retail operation. With this, Retail Inventory Management Software comes in handy.


Check on the full article to find out more about this software, its benefits, its features, the top 1o software available, and the answers to the frequently asked questions.

1. HDPOS by Hyperdrive

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Rating: 4.9/5

Price: Custom

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2. Shoper 9 by Tally

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Rating: 5/5

Price: Custom

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3. MARG ERP 9+ Retailing Software

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Rating: 4.9/5

Price: Custom

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4. PrimaSeller

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Rating: 5/5

Price: FREE

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5. Gofrugal

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Rating: 4.5/5

Price: Custom

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6. AcTouch

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Rating: 5/5

Price: $15.95/month

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7. ELite ERP

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Rating: 5/5

Price: Custom

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8. RetailPRO

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Rating: 5/5

Price: Custom

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9. Uniretail

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Rating: 5/5

Price: Custom

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What is Retail Inventory Management Software?

Retail Inventory Management Software is a platform that performs inventory solutions for the retail industry. This software ensures efficient management and organization of inventory.  Retail Inventory Management Software ensures that enough stocks are in-store, not too much nor too little. This software monitors inventory to ensure that products and services are enough for the customer’s needs.

Benefits

Retail Inventory Management Software has created positive impacts on its users. This software helps deliver an enhanced user experience. Using this software will ensure a return on investment. This software provides quality assurance for products and services, minimizes out of stocks, improves profit margin, avoids and prevents overstocking, and simplifies retail processes.

Features

Retail Inventory Management Software is equipped with a variety of functionalities and features that better its performance. Among the common ones are supply and demand features, stock management, SKU tools, accounting, and finance features, forecasting, ERP, and auditing.

There are more benefits and features present on the list of software products below.

Top 10 Software

1. HDPOS by Hyperdrive

Offering solutions in every retail business— HDPOS by Hyperdrive. This POS and ERP software provides features on easy billing, inventory, accounts, intelligence, barcode, and CRM.

2. Shoper 9 by Tally

The retail enterprise solution you need is here at Shoper 9. Shoper 9 offers alerts management, alignment with G1 standard, Till Management, Inventory Management, and Catalog management, security management, and many more.

3. MARG ERP 9+ Retailing Software

Manage billing, accounting, and inventory all in one place, MARG ERP 9+ Retailing Software. They provide solutions in retail like POS, barcode, loyalty management, and schemes & offers.

4. Primaseller

Multichannel retail simplified at Primaseller. This software amplifies inventory, automates workflows, and is an omnichannel. Primaseller has key integrations with Amazon, Magento, Woo Commerce, and Big Commerce.

5. Go Frugal

Delight customers, manage efficiently, connect and collaborate, timely decisions everywhere, and 24/7 responsive care here at Go Frugal. This software is trusted by Itsy Bitsy, Total, Sunny Bee, Sunny Skills, and TVS.

6. AcTouch

AcTouch is a cloud manufacturing enterprise resource planning (ERP) system software. This software offers features on workflow management, product landing cost, work tracking, maker-checker, material requirements planning, and import & export business modules.

7. Elite ERP

Elite ERP is a window-based ERP solution that provides services on manufacturing, engineering, FMGC, textile, packaging, trading, pharmaceutical, and real estate. Elite ERP is customizable, lower cost, smooth data migration, flexible, scalable, and offers many other features that users can enjoy.

8. RetailPRO

Putting shoppers first here at Retail PRO. This is a powerful POS, retail management, and unified commerce all in one. Retail PRO is trusted by the world’s best in retail like Loreal, Folli Follie, Under Armour, and Samsonite.

9. Uniretail

Enabling smarter ways of shopping for you here at Uniretail. This software offers a list of brands that provides an excellent shopping experience for your shopkeepers and customers.

FAQs

Who uses Retail Inventory Management Software?

Retail Inventory Management Software is used by retailers, vendors, retail businesses, and other retail professionals.

What businesses are in the retail industry?

All businesses that offer finished products and services are in the retail industry. Among the common ones are grocery stores, malls, beauty salons, spas, barbershops, and boutiques.

Is Retail Inventory Management Software for free?

Retail Inventory Management Software is reasonably priced at different price points, some offer free to use on their basic services, some offer free to use forever, and others have free trial offerings at a fixed time.

 

In the ever-so-changing environment of retail, there must be no room for disorganization and mismanagement. As retailers, part of the main concern is to provide comprehensive and quality products and services to customers. With this, Retail Inventory Management Software comes in handy. Be sure to check on the list above to find out the best one for you.

 


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