Inventory Management Software for 2024

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1 min read

Inventory Management Software for 2024

Inventory management software helps firms automate inventory processes, boosting operating efficiencies and customer service.

Choose software with features that can help scale in the future. Look for one that offers a free trial, as many tools are designed with a specific niche in mind. A free trial helps understand whether the software matches the business requirements.

  • Asset Infinity

Asset Infinity streamlines inventory and helps set re-order levels for each item. It alerts whenever the inventory goes below the re-order level.

The software lets you add, move, or draw inventory from one place to another and see all transactions in a single place.

  • NetSuite

NetSuite automates manual processes- traceability, cycle counting, and managing inventory across multiple locations. It offers a single, real-time view of its inventory across all channels and sites. Demand-based replenishment uses historical sales to automate re-order points.

Moreover, forward and backward tracing features link finished goods to customer orders and suppliers, giving both full traceability.

  • Oracle Fusion Cloud

Oracle Fusion Cloud helps firms see and manage the movement of goods within their company and supply chains. This boosts customer satisfaction, decreases costs, and optimizes service levels.