February 2021 Review
SKULabs vs Netsuite & Skubana
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.
1) SKULabs – $499 per month for basic plan includes 2,500 orders, 10 users and 5 stores
2) Netsuite – Base prices for a license start from $999 p/month
3) Skubana – depends on your requirements but starts at approximately $1000 p/month.
Our Conclusion
They all have pros and cons. SKULabs has everything you need to streamline your operations, you can supercharge your ecommerce business with an all-in-one solution. 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.
Reasoning
1. SKULabs is # 1 Inventory Management Software
SKULabs offers modern easy-to-use solutions for warehouse management, order fulfillment, and inventory management problems.
SKULabs is a privately held company headquartered in sunny South Florida. They have decades of experience in ecommerce both working for and founding Inc 500 companies. They’ ve poured over 100,000 hours (and counting) into building great solutions for growing operations.
You can manage and sync multi channel inventory with SKULabs, get up-to-date inventory counts for all of your items and synchronize inventory to all of your stores. Search or scan to get the count for a SKU, set low stock alerts, and see how many units have been sold, send POs to any of your suppliers. Scan to receive against your POs verifying contents while incrementing stock. Simply generate multi-supplier POs based on open orders.
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.