Running a small or medium-sized business (SME) can be a juggling act. Keeping track of inventory is just one of the many challenges you face. But fear not! There are a wealth of excellent inventory management tools available specifically designed to meet the needs of SMEs.
In this week’s edition of Tech Tuesday we look at our picks for AI based inventory management software. These tools can help you streamline your operations by automating tasks, improve accuracy by reducing manual data entry, and save you precious time that you can focus on other areas of your business.
monday CRM
monday CRM is an all-in-one CRM that allows business owners and sales teams to manage all aspects of a sales cycle and customer data in one centralized place, while significantly increasing productivity. With monday CRM, businesses can optimize inventory management and break down data silos to help unify teams and streamline operations.
The intuitive platform and automation features power real-time visibility across the supply chain, helping identify bottlenecks, manage vendor communication, and track inventory within one unified place. Teams can seamlessly track everything from products to suppliers, as well as set up notifications for items that are low in stock. Centralising data and improving transparency over stock can help reduce inefficiencies, cut costs and enhance coordination across departments and vendors. monday CRM can equip teams in various sectors, including retail and manufacturing, with real time inventory insights, enabling more informed decision-making and empowering them to take full control of their operations.
Workcloud Inventory Optimization Suite
In today’s fast-paced retail environment, effective inventory management is crucial. Zebra’s Workcloud Inventory Optimization Suite ensures inventory is always aligned with demand and available for purchase. By precisely ordering and executing inventory processes, this suite helps companies pinpoint leaks across all channels to reduce waste and maximise potential.
From planning to execution, this solution covers every aspect of inventory management by continuously monitoring inventory in real-time to enhance on-shelf availability, aligning ordering with consumer demand, and catching pricing issues early. This results in reduced out-of-stocks and faster order fulfilment.
Additionally, the Workcloud Inventory Optimization Suite elevates inventory accuracy and visibility, providing better forecasting and ordering, and automating error-prone workflows. By identifying non-moving inventory and phantom stock, it helps prevent losses.
Formitize’s Asset Module
Formitize’s Assets Module is a revolutionary inventory management system designed to streamline asset tracking and maintenance. It provides a centralized asset database, QR code tracking, and automated maintenance alerts, enhancing efficiency and reducing downtime. With real-time location tracking, document management, job linking and change logs, the Assets Module offers a comprehensive solution for managing company assets.
Launched in 2019, this innovative product transforms industries including construction, healthcare, pest control, manufacturing and logistics by ensuring assets are available, well-maintained, and properly allocated. The integrated mapping and GPS capabilities, combined with photo attachments and direct customer interaction, make it a valuable tool for optimizing asset utilization and ensuring operational transparency.
Zoho Inventory
This web-based inventory management system is designed to help businesses manage their inventory across multiple channels. It offers features such as multi-channel selling, order tracking, and real-time updates. Zoho Inventory also offers integrations with various eCommerce platforms and marketplaces, making it easy to manage inventory across different channels. It is suited for businesses of all sizes and industries.
Cin7
Cin7 is an inventory management and point-of-sale (POS) software that offers comprehensive solutions for SMEs in Australia. It provides real-time inventory tracking, B2B e-commerce, and integration with popular accounting and e-commerce platforms.
This cloud-based inventory management system is designed to help businesses manage their inventory across multiple channels. It offers features such as inventory tracking, order management, and reporting. Cin7 also offers integrations with various eCommerce platforms and marketplaces, making it easy to manage inventory across different channels. It is suited for businesses of all sizes and industries.
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