A big nuance of running an ecommerce or
retail business is to keep track of the inventory and the subsequent cash flow. The idea is to be able to forecast demand, ensure no product sits in the warehouse too long, and
manage shrinkage. All these should start with a smart inventory management strategy. This needs to be supported by smart software systems which will help streamline the operations. You can consider these
free inventory management software for your small business:
Stockpile
Stockpile has one interface that allows you to manage multiple locations for your retail business. The reporting module also gives you insights on inventory turnover. You also get access to unlimited users, items, and locations for free.
Cin7
Cin7 is an excellent inventory management platform if you are looking for more places to sell your products online beyond your website. Cin7’s strong suit is its integrations. It also offers real-time tracking of sales and inventory.
OrderBotCut out the order and shipping time of your e-commerce business by automating them through Orderbot. This inventory management platform helps create customisable packing slips and barcodes to easily scan and process products. The inventory at multiple warehouses can be managed and the software grows with the business.
Wasp Inventory Management Software
When you require inventory write-offs, you can take the help of wasp inventory management software which will help you get a grip on your inventory. You will get alerts
when inventory is low, expiring, or past-due, helping you ensure that you always have what you need. With more than 60 pre-built reports available in the system, you will have access to the insights you need to manage both inventory and suppliers. Also streamline your relationships with vendors by keeping detailed supplier information and establishing a supplier code for each.
TradeGeckoTradeGecko helps to manage sales and stock, automate shipping, and get insightful intelligence reports. It integrates with a ton of ecommerce platforms. It also plays nicely with other software platforms.
The Amazon advantage
In business, it’s better to work smarter and not harder. So, you can take advantage of the Amazon platform, which provides an integrated approach to your e-commerce business needs. Our tailor made services will help you to showcase your products and manage your inventory well based on the feedback from our global customer base.