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Control your stock in real-time with online inventory management software

Today's businesses face many challenges with inventory management, such as too much or too little stock, records accuracy, multiple inventory sites, and different units of measure. Our online inventory management system makes tracking, valuing, and managing your stock easier, maintaining accuracy every step of the way.

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Benefits of online inventory management software

Say goodbye to stock outs and overstocking. With online inventory management software, gain a real-time, accurate view of your inventory levels across multiple locations. Save valuable time by automating manual tasks such as stock tracking, order processing, and reordering. Enhance your operational efficiency and guarantee prompt order delivery, keeping your clients satisfied and boosting your bottom line.
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Meet customer demand on time, every time

Struggling to meet customer demand consistently can lead to lost sales and diminished customer satisfaction. With inventory tracking software, businesses can optimize their stock levels, ensure timely deliveries, and maintain customer satisfaction by always having the right variety of products available.

Hit sales targets with maximum stock value

Managing inventory to hit sales targets without overstocking can be challenging and costly, often resulting in tied-up capital and reduced profitability. With inventory management software, you can optimize stock levels effectively, for maximum profitability and minimal waste. Tailor your solution to maintain the perfect balance between supply and demand.
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Get a complete view of inventory

Tracking stock levels manually often leads to frustrating inaccuracies, which can tie up capital and affect your bottom line. Cloud inventory management ensures your teams are all working from a single source of truth for better end-to end efficiency and collaboration.
 

Stay on top of your stock with our inventory tracking software

Inaccurate inventory counts can strain business resources and impact profitability. Inventory management software enables precise stock control, streamlined operations, and enhanced profitability through effective online inventory management. This comprehensive system optimizes stock levels, reduces carrying costs, and improves overall efficiency for businesses in competitive markets.

Inventory management software key features

Real-time visibility

See real-time stock data for more accuracy and less guessing.

Barcoding

Gain end-to-end visibility and radically decrease the time you spend tracking inventory.

Tracking and monitoring

Get a full view of inventory and orders across locations for real-time management.

Demand forecasting

Use data and analytics to accurately predict future demand for your products or services.

Detailed inventory reporting

Get comprehensive insights with inventory reports and help teams make decisions quicker with inventory dashboards.

Streamline warehouse operations

Improve warehouse operations with automated tracking, stock management, and efficient fulfillment.

Sage online inventory software

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Brightpearl

The flexible retail operating system (ROS) that streamlines, simplifies, and automates your business.  Retail brands across the globe choose Brightpearl by Sage to power their back office.

 

Discover Brightpearl by Sage

 

Brightpearl’s ROS includes:

  • Workflow automation that saves the average retailer two months a year
  • Inventory and sales order management
  • Advanced demand forecasting
  • Market-leading benchmarking, retail analytics and business intelligence tools
  • Purchasing and supplier management
  • CRM
  • Warehouse management
  • POS
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Inventory Planner

The top-rated inventory planning app that helps retailers accurately forecast future sales and get easy-to-understand buying recommendations.

 

Discover Inventory Planner by Sage

 

  • Forecasts that factor in seasonality, sales spikes, and demand shifts for ultimate accuracy.
  • Automated buying recommendations that are easy for your whole team to understand. No more over (or under) ordering!
  • Customized reporting with 200+ meaningful metrics to prioritize your purchasing. 

Accounting and inventory solutions

 Sage Intacct icon

Sage Intacct

The smart cloud accounting and ERP solution to unleash the potential of your business. Learn why industry leaders choose Sage Intacct.

 

Discover Sage Intacct

 

Across all industries, Sage Intacct customers achieve an average of:

  • 250% ROI
  • 6 months payback
  • 79% close time reduction
  • 65% productivity improvement

Rated #1 in customer satisfaction by G2.

Sage X3

A complete business management solution tailored to the demanding mid-sized business user.

 

Discover Sage X3

 

Ideal for global companies in the manufacturing, distribution, chemicals, and services industries. 

  • Take control of global operations
  • Get the insight you need, when you need it
  • Expand to new markets or geographies
  • Gain agility and focus on your business
Sage 50cloud

Sage 50

Spend less time on admin to gain greater clarity on business performance with the #1 rated accounting software for small business.*

 

Discover Sage 50

 

  • Cash flow and invoicing
  • Payments and banking
  • Expense management and job costing
  • Advanced inventory management
  • Advanced reporting and audit trails
  • Payroll-ready

* Rated the best accounting software for small and medium businesses (SMBs) by The Blueprint, a Motley Fool service.

Sage 100

A fully customizable, cloud-connected total business management system for medium-to-large manufacturing and distribution businesses.

 

Discover Sage 100

 

  • Source, manufacture, and ship more products on time and more profitably than your competitors
  • Accelerate sale closure, improve customer satisfaction, lower administrative and carrying costs
  • Keep track of cashflow with automated bank feeds and reconciliation
  • Stay on top of compliance tax codes, audit histories, and government reporting
  • Gain real-time insights to drive informed decisions

Kim Wegener

Director of Finance, Powell's City of Books

Having our inventory entries and adjustments entered automatically will certainly add to our productivity and save hours every month, while giving us better visibility into what’s happening with our inventory.

Powell's city of Books

Inventory software FAQs

Inventory or stock management is the process that businesses use to track stock, orders, sales, and services. It's particularly important in industries such as manufacturing, retail, and some service businesses.

Online inventory management system uses cloud-based software to control stocks across multiple levels, and warehouses, optimize inventory with real-time data and automation.

Benefits of integrating cloud-based software into your business:

  • Real-time inventory visibility: It allows instant updates on stock levels and order status by accurate tracking.
  • Process automation: It automates order fulfillment, overstock, and low-stock alerts to reduce manual tasks.
  • Forecasting and analytics: It analyzes sales data and trends to forecast demand and optimize stock levels, helping you make better data-driven business decisions.
  • Warehouse control: It allows you to manage stocks across multiple warehouse locations and streamline stock transfer processes.

Overall, online inventory management is a powerful tool for businesses of all sizes to gain control of their stock, improve efficiency, and fulfill orders accurately to keep customers happy.

The 4 types of inventory management are:

  • Continuous inventory management: This type of system involves constantly monitoring inventory levels and ordering products as needed to maintain optimal stock levels. This system can help 4to minimize stock outs and excess inventory while ensuring that products are always available to customers.
  • Periodic inventory management: This system involves manually counting inventory at set intervals, such as weekly, monthly, or quarterly, and adjusting inventory levels accordingly. This system can be less precise than continuous inventory management, but it can be simpler and more cost-effective for smaller businesses.
  • Just-in-time (JIT) inventory management: This system involves ordering products just in time for them to be used, rather than keeping large amounts of inventory on hand. JIT can help to reduce inventory holding costs and improve efficiency, but it can be risky if suppliers are not reliable or lead times are uncertain.
  • ABC analysis: This is a method of categorizing inventory into three groups based on their value to the business. "A" items are high-value products that account for a significant portion of revenue, "B" items are moderate-value products, and "C" items are low-value products. This system can help businesses prioritize their inventory management efforts and allocate resources more effectively.

Each type of inventory management system has its advantages and disadvantages, and businesses may need to use a combination of these methods to optimize their inventory management strategies.

Just-in-time (JIT) inventory management is a system that involves ordering products from suppliers as and when they are needed, rather than storing large amounts of stock onsite. The main advantage of JIT is a reduction in storage costs but it can lead to stock uncertainty if suppliers aren't reliable in fulfillment. JIT systems often requires:

  • Strong supplier relationships - Building trust and fostering close communication with suppliers is crucial.
  • Accurate demand forecasting - Precise predictions of customer needs are essential for ordering the right amount of inventory at the right time.
  • Efficient production scheduling - Streamlining production processes minimizes lead times and allows swift adjustments based on demand fluctuations.

Choosing the best inventory management software depends on your business's needs and size. Here are some key factors to consider:

  • Features - Identify the functionalities most important to your business, such as real-time tracking, order management, or seamless integration with existing systems.
  • Scalability - Consider if the software can grow with your business.
  • Ease of use - Choose software that's user-friendly for your team.
  • Budget - Inventory management software comes in a range of price points. Determine your budget and find software that offers your desired features within that range.
  • Growth stage - Analyze if your current inventory tracker hinders your company's growth.
  • Explore the product tours and trials to test-drive the software before integrating it into your business operations.

Inventory management software can boost efficiency in stock control for your warehouse system with different features such as:

  • Real-time tracking: Provide constant and accurate visibility of your stock levels beyond manual counting and spreadsheets.
  • Smart automation: Automate order processing, stock replenishment, and low-stock alerts to prevent stock outs.
  • Data-driven insights: Analyze inventory data to identify trends, forecast demand, optimize stock levels, and avoid overstocking or understocking.
  • Optimal warehouse control: Manage stocks efficiently across different warehouse locations, streamline order fulfillment and seamless transfers of goods.

Advice on inventory management solutions

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Have any questions?

Expert advice

Want to find out more or discuss which solution would best benefit your business? Just let us know and we'll get in touch.

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