However, 34% will be adopting this technology in the next one or two years, the highest recorded adoption rate for the various technologies included in the report. For instance, statistics on the technology adoption of supply chain firms revealed that only 40% currently use inventory and network optimization tools. Many businesses have yet to embrace inventory management technology, resulting in inefficient inventory management. But nothing could be further from the truth. These 10 leading inventory management software solutions pack cutting-edge features, like the use of better algorithms or artificial intelligence to better sort and track your products by any handle and tag of your choosing.Īs new technologies continue to bombard the business landscape, one would think that inventory problems are now things of the past. In this article, we present the 10 best inventory management systems, so you don’t have to spend precious time doing it yourself. There are a host of robust, integrated inventory systems that easily sync product information across purchase order teams, inventory people, customer information staff, and modern media and ecommerce channels. Inventory software manual#There is no reason to delay upgrading your manual inventory system, in preparation for severe supply chain disruptions like the COVID-19 pandemic. If your business is still fumbling around with double entries and headache-inducing human errors in your inventory system, then, you are holding your business operations suspended in midair. Other winning features contribute to the system’s tight asset control. It offers all the tools needed to track inventory, reorder counts, and monitor cycle points. The best inventory management software is Netsuite ERP, given its ability to control inventory regardless of location and volume.
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