Best Inventory Management Software Jan 2021
It seems like a crowded space, but we like 3 of the main inventory management software in market and call out their strengths and weaknesses below.
We review 3 of the top inventory management software solutions in the market. Rankings are based on user reviews, product features, user experience, implementation, and price.
But they are very different in their approach and pricing also differs.
The top options are: Acctivate – (built for distributors, manufacturers & online retailers), Netsuite (base prices for a license start from $999 p/month) and Skubana (depends on your requirements but starts at approximately $1000 p/month.)
Let’s take each in turn:
# 1 Inventory Management Software
2. Netsuite
Netsuite – base prices for a license start from $999 p/month
NetSuite is, simply put, HUGE. It is the #1 enterprise software in the world and with size comes complexity. There are plenty of businesses of all sizes that love Netsuite, and plenty that don’t. Netsuite are a cloud ERP solution, providing a suite of applications, from accounting and financial planning, to warehouse management, ecommerce, inventory management.
One thing about NetSuite is engineered to scale with businesses as you grow and to streamline mission-critical processes.
3. Skubana
Skubana – Skubana starts from $1000 per month, you’ll need to confirm costs after speaking with their sales consultant
Skubana suits small and large businesses, and businesses at any stage of growth. They are described as multichannel brands and high-volume marketplace sellers. They are a cloud platform that boosts (their words, not mine) that they “minimize storage costs, dead stock, stockouts, balances your inventory turnover ratio, and frees up capital”. Skubana suit multichannel brands and does a good job of establishing a holistic view of your sales data, fulfillment data, and automated supply chain management across most channels.
Our Conclusion
They all have pros and cons. Acctivate has everything you need to streamline your business and has solutions for infinite possibilities & limitless growth. Netsuite is a good second choice and is amazing, but it’s a lot to implement, operate, and its price can be prohibitively expensive. Finally, Skubana is on our last spot due to their higher plan pricing although they have grown into a leader in marketing automation.