Top 5 Inventory management Softwares in India in 2020

The world is becoming more and more digital as we speak and E-Commerce is flourishing across the world. If you’re a business owner who is planning to set up your online shop, your head would probably be wrapped around questions like what is the best website builder to build my online store? What are the best payment gateways for managing my online payments? But amidst all these technical hassles, you might forget to take care of one of the key aspects of running a successful E-commerce business– Inventory management. Managing your inventory can be very difficult, especially when you’re just starting your business. Just one small mistake in managing your inventory and will create a ripple effect that affects your entire chain of operations. This is why many successful businesses you know use inventory management software to manage their inventory.

If you’re still limited to managing your inventory on a spreadsheet manually or not managing it at all, you are potentially losing a lot of money and your business might be suffering. However, checking out all the inventory management softwares in India could be a bit tedious. This is why we bring you this list of top 5 Inventory management softwares in India in 2020, to help you choose the best inventory management softwares that suits your business.

What is Inventory management software and why do you need it?

Inventory management software is a tool that helps businesses track their stock levels, manage orders, sales, and deliveries. They not only help you better track and organize your warehouse but also help you cut down on unnecessary expenses.

If you think inventory management and top inventory management softwares in India in 2020 are just things for big players, remember this- Inventory management affects every aspect of your business. From warehousing cost to stocking to fulfilling orders accurately on time, inventory management is the key to running a successful business. This is why you need inventory management software to help you manage your inventory efficiently. Here are the top 5 inventory management software in India in 2020.

Top 5 Inventory management Softwares in India in 2020

Zoho Inventory

Zoho Inventory is an all-in-one, cloud-based inventory software to run all your inventory operations. It helps you create and manage both your sales and purchase orders, and track your inventory.

Key Features

  • Inventory tracking
  • Order management
  • GST billing handling
  • Warehouse management
  • E-invoicing
  • Inventory report
  • Barcode scanning
  • Forecasting
  • Barcoding

Integration

Zoho Inventory provides integrations that integrate with multiple marketplaces to process sales and adjust inventory quantities in real-time. You can manage your sales across Shopify, Etsy, Amazon, eBay, and more.

Customer support

  • Email
  • Live chat
  • Phone support
  • Community forums.

Best for

E-Commerce Businesses, Small and medium-sized businesses.

Pricing

The four plans are,

  • Free – INR 0
  • Basic – INR 9,999
  • Standard – INR 19,999
  • Professional – INR 69,999

Click Here for more details

Oracle NetSuite

Oracle NetSuite is a complete business solution to help you with inventory management, accounting, and marketing. It offers a cloud-based inventory management system that helps you manage your warehouse and orders on a single dashboard.

Key Features

  • Order management 
  • Retail inventory management
  • Multi-warehouse support
  • Supply chain management
  • Dropshipping option 

Integration

Oracle NetSuite supports over 350 integrations that help you seamlessly run your business operations.

Customer support

  • 24/7 support with a live representative
  • Email and chat support
  • Documentation and webinars support

Best for

Businesses of all sizes

Pricing

Oracle NetSuite Pricing starts at $99 per month.

Click here for more details:

Cin7

Cin7 is one of the top inventory management software in India in 2020 that offers inventory-specific features. It is an automated platform that syncs your physical and online channels to manage your inventory more accurately. With Cin7 you can optimize your inventory efficiently and keep your stock in line with orders across every sales channel and stock location.

Key Features

  • Multi-channel support
  • Inventory planning
  • Pre-order and backorder management
  • Barcode tracking
  • Dropshipping and return inventory management
  • Real-time reporting
  • Automatic inventory adjustment

Integration

Cin7 easily syncs online sales channels, POS systems, and third-party integrations to offer a smooth inventory management experience. You can integrate it with WooCommerce, Shopify, Magnetom, eBay, Amazon, and more.

Customer support

  • Dedicated account manager 
  • Email, call support

Best for

Cin7 is one of the best inventory management software for Startups as well as established brands. 

Pricing

It has 3 plans based on your businesses and pricing starts at $295 per month

Click here for more details:

QuickBooks commerce

QuickBooks Commerce, formerly known as TradeGecko, is a powerful inventory management software for modern online businesses. It lets you manage every product, order, and customer in one place.

Features

  • Inventory optimization
  • Reorder management
  • Supplier management
  • Forecasting
  • Multiple warehouse management
  • Real-time analysis and reporting

Integration

You can integrate your QuickBooks commerce with all major e-commerce platforms like WooCommerce, eBay, Shopify, Amazon. Etsy and Squarespace

Customer support

  • 24/7 support with a live representative
  • Phone, email support

Best for

High growth e-commerce brands.

Pricing

Essential pack- $20/month for first 3 months

Plus pack- $35/month for first 3 months

Advanced pack-$75/month for first 3 months

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Vyapar

Vyapar is a GST-ready accounting, invoicing, and inventory management software that is made especially for Indian consumers. The main reason why Vyapar is in the list of top 5 inventory management services in India in 2020 is because of its ease of use. You don’t need extensive technical knowledge to use Vyapar, you can just get started with it right away.

Key Features

  • Inventory tracking
  • Create sales/purchase orders easily with the app.
  • Barcode scanning
  • Real-time updates on inventory
  • Create and share invoices
  • Record expenses

Customer support

  • Customer support in English in Hindi
  • Whatsapp chat support
  • Call and Email support 

Best for

Small businesses and medium-sized businesses

Pricing

The pricing starts at INR 1999 per device/year and the mobile app is free to download.

Click for more details:

Every year, businesses around the world lose billions of dollars due to mismanaged inventory. Inventory Management is critical to any business, especially if you are a small business owner in India where competition is usually very high. So, if you’re facing issues in tracking your inventory or finding it difficult to optimize your warehouse and storage facilities, it is time you use inventory management software. Thus, these are the top 5 inventory management software in India in 2020. 

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