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Introduction
Welcome to our guide on the best inventory CRM for your business. We understand that managing inventory can be a daunting task, especially for expanding businesses. However, managing inventory efficiently has become more critical than ever. Increased competition, supply chain disruption and demand fluctuations have made it necessary to stay on top of inventory management.
Luckily, with the right inventory CRM, businesses can stay on top of their inventory management by automating the process, reducing administrative errors and optimizing workflow. In this guide, we will outline the best inventory CRM options available and help you decide which is the best fit for your business.
We understand that choosing the right inventory CRM can be overwhelming. However, by using our guide, you will be able to narrow down your choices based on your specific needs and budget. So, let’s dive in!
What is Inventory CRM?
Inventory CRM (Customer Relationship Management) software is a tool that helps businesses manage their inventory, track sales, forecast demand and create purchase orders, among other features. It automates inventory management processes, allowing businesses to manage their inventory more efficiently and reduce administrative errors.
CRM software generally comprises two parts – a front-end that captures customer data and a back-end that manages inventory data. When the two parts are combined, it creates an inventory CRM.
An inventory CRM has numerous benefits, including:
- Streamlining inventory management
- Reducing manual data entry
- Improving accuracy of inventory data
- Increasing efficiency of the supply chain
- Reducing administrative errors
- Improving customer satisfaction
Now that we have an understanding of what inventory CRM is, let’s take a look at the best options available.
Top Inventory CRM Options Available
| Inventory CRM | Key Features | Price | Our rating |
|---|---|---|---|
| Zoho Inventory | Multiple warehouse management, order fulfillment, shipping management, and customer relationship management | $39- $199/month | 🌟🌟🌟🌟🌟 |
| TradeGecko | Complete inventory management, order management, e-commerce integration, and multi-currency support | $79-$599/month | 🌟🌟🌟🌟 |
| Cin7 | POS, order management, e-commerce integration, stock management, and warehouse management | Custom pricing | 🌟🌟🌟 |
| Skubana | Multi-channel inventory management, order automation, and e-commerce integration | Custom pricing | 🌟🌟🌟 |
Zoho Inventory
Zoho Inventory is a cloud-based inventory management software that provides businesses with complete control over their inventory. It automates inventory management, reducing manual errors and improving accuracy.
Some of the features of Zoho Inventory include multiple warehouse management, order fulfillment, shipping management, and customer relationship management. Zoho Inventory is also easy to use, making it an excellent option for small and medium-sized businesses.
Pricing for Zoho Inventory starts at $39/month for its basic plan, with more advanced features available in higher-tier plans.
TradeGecko
TradeGecko is another cloud-based inventory management software that provides businesses with complete control over their inventory. It has a user-friendly interface and provides businesses with a complete overview of their inventory assets. It also provides users with the ability to manage orders, handle returns, and sync with their e-commerce store.
Other features of TradeGecko include complete inventory management, order management, e-commerce integration, and multi-currency support. Unlike Zoho Inventory, TradeGecko offers multi-currency support, making it an excellent option for businesses that operate in multiple countries.
TradeGecko’s pricing starts at $79/month for its basic plan, with more advanced features available in higher-tier plans.
Cin7
Cin7 is a cloud-based inventory management software designed to help businesses streamline their inventory management processes. It offers features like POS, order management, e-commerce integration, stock management, and warehouse management. Cin7 provides advanced inventory management solutions for businesses of all sizes, making it an excellent option for growing businesses.
Cin7’s pricing is custom and based on the needs of the business.
Skubana
Skubana is a cloud-based inventory management software designed to automate order management for businesses. It offers features like multi-channel inventory management, order automation, and e-commerce integration. Skubana also integrates with leading marketplaces like Amazon and eBay, making it an excellent option for businesses that sell on multiple channels.
Skubana’s pricing is custom and based on the needs of the business.
Frequently Asked Questions
What is the best inventory CRM for small businesses?
For small businesses, we recommend Zoho Inventory or TradeGecko, as they are both user-friendly and offer essential inventory management features.
What is the best inventory CRM for large businesses?
For large businesses, we recommend Cin7 or Skubana, as they offer advanced inventory management solutions and can handle higher inventory volumes.
Can I customize my inventory CRM?
Yes, most inventory CRMs allow for customization of fields, reports, and dashboards to meet the specific needs of your business.
Can I integrate my inventory CRM with my e-commerce store?
Yes, most inventory CRMs allow for integration with leading e-commerce platforms like Shopify, WooCommerce, and BigCommerce.
How much does inventory CRM cost?
The cost of inventory CRM varies depending on the vendor, features, and the number of users. Basic plans range from $39-$79/month, while more advanced plans can cost upwards of $599/month.
Can I try inventory CRM before I purchase it?
Yes, most inventory CRMs offer a free trial period for businesses to test the software before purchasing.
How long does it take to set up inventory CRM?
The time it takes to set up inventory CRM varies depending on the vendor and the complexity of your business requirements. Basic setup can take anywhere from a few hours to a day, while more advanced customization can take weeks.
What kind of support is offered with inventory CRM?
Most inventory CRMs offer different levels of support, ranging from basic online support to 24/7 phone support. It’s important to understand the level of support offered before making a purchase.
Can inventory CRM help me forecast demand?
Yes, inventory CRM offers features like sales forecasting, which can help businesses predict demand and optimize their inventory management process.
How does inventory CRM help businesses stay on top of their inventory?
Inventory CRM automates inventory management processes, reducing manual errors and improving accuracy. It provides users with a complete overview of their inventory assets and allows for efficient management of orders, returns, and stock management.
Can inventory CRM help businesses increase efficiency?
Yes, inventory CRM reduces the amount of manual data entry and streamlines the inventory management process, thereby increasing efficiency.
Can inventory CRM help businesses reduce administrative errors?
Yes, inventory CRM reduces administrative errors by automating inventory management processes and improving accuracy.
Can inventory CRM help businesses improve customer satisfaction?
Yes, inventory CRM allows for efficient processing of orders and returns, thereby improving customer satisfaction. It also provides businesses with a complete overview of their inventory assets, allowing them to provide accurate information to customers.
Conclusion
We understand that choosing the right inventory CRM can be overwhelming. However, by using our guide, you can narrow down your choices and select the best fit for your business. Remember to consider factors like budget, features, scalability, and customer support before making a purchase.
By investing in the right inventory CRM, you can streamline your inventory management processes, reduce administrative errors, and improve customer satisfaction. So, take the leap and start managing your inventory like a pro!
Disclaimer
The recommendations in this guide are based on our research and analysis of the inventory CRM market. We do not endorse any specific vendor or product and recommend that you do your research before making a purchase. The information in this guide is for informational purposes only and does not constitute professional advice.
