The ability to keep track of inventory levels, monitor product movements, and optimise supply chains can significantly impact a business's success. Fortunately, technology is making life easier for SMEs. While there’s many inventory management platforms designed to help you streamline your operations, here’s 5 of the best inventory management platforms suitable for UK SMEs.
1. Zoho Inventory
Zoho Inventory stands tall as a comprehensive inventory management platform, offering a powerful suite of tools to manage your inventory with precision. This platform includes features such as order management, multi-channel selling, and real-time inventory tracking.
With Zoho Inventory, businesses can automate their order workflows, synchronise inventory across various sales channels, and gain valuable insights through advanced analytics. The user-friendly interface ensures that even those with limited technical expertise can navigate the platform effortlessly.
Entry-level cost: Zoho Inventory offers a 14-day free trial. Afterwards, pricing starts at just £25 per user, per month.
2. inFlow Inventory
inFlow Inventory is a user-friendly inventory management platform offering essential features such as order management, product categorisation, and barcode scanning. It is particularly well-suited for businesses with straightforward inventory needs. inFlow Inventory simplifies the tracking of stock levels and ensures that businesses can efficiently manage their inventory with ease.
Entry-level cost: inFlow plans start at $89 per month. Free trials available.
3. Cin7
Cin7, a cloud-based inventory management platform (formally DEAR inventory), caters to SMEs with complex inventory requirements. It is renowned for its wide range of integrations, which include eCommerce platforms, accounting software, and shipping carriers. Cin7 boasts features such as inventory forecasting, B2B eCommerce, and warehouse management. Its adaptability to various business models and industries makes it an invaluable asset for ambitious companies seeking growth and scalability.
Entry-level cost: Cin7 offers a 14-day free trial. Pricing starts at $349 per month.
4. StockIQ
StockIQ is an inventory management platform that specializes in demand forecasting and replenishment planning. It provides tools to optimise inventory levels, reduce carrying costs, and improve service levels. Key features include demand forecasting, supplier collaboration, and advanced analytics.
Entry-level cost: On request
5. Stok.ly
Stok.ly is a comprehensive inventory management platform that caters to the unique needs of UK SMEs. It offers features such as order management, real-time inventory tracking, and reporting tools. Stok.ly is known for its ease of use and scalability, making it an ideal choice for growing businesses. Stok.ly also boasts UK-based customer support.
Entry-level cost: Stok.ly starts at £99 per month
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