• 08 Mar 2021
• 0

How Should An eCommerce Inventory Management Software Look Like?

An eCommerce business will require an inventory management software with advanced features, like tracking, shipping, and product details management.

An eCommerce business will be incomplete without an inventory. This is true for companies, both startups and the already established ones. As it is impossible to control every aspect of inventory management manually, a tool or software is needed. This tool is known as the inventory management software.

Inventory management software can make this process easier. However, this software must come equipped with some essential features.

What are those features? Let’s take a look:

• Inventory Control

This feature allows business owners to control their inventory and be aware of the items present before they run out of stock. Combined with the feature of grouping, this tool will help people identify required materials and procure them whenever necessary. So, this is a must-have feature, according to the experts of an ecommerce company in Kolkata.

• Barcode Scanning System   

This system allows people to keep track of all the materials present within the inventory. A machine will be used to keep track of the items using their bar code. 

• Notifications  

This feature will send notifications to eCommerce owners whenever they face issues like overstocking or understocking. Therefore, people will never miss out on any update regarding their inventory.

• Generation Of Reports 

This option allows eCommerce owners to keep track of sales, featured products, best-selling products, and more. Using this report, the seller can learn which products do not have much sale to manage those products efficiently.

• Order Records

This will enable people to keep track of the stocked products, including their sources, etc. 

Of course, a customized eCommerce inventory management software might come with other features. If you are unsure, you can look at the following off-the-shelf products and then figure out what you want.

1. Zoho inventory

This is a platform that comes with several features that can assist eCommerce sellers with their endeavors. Some of the features are mentioned below:

• A dedicated CRM (Customer Relationship Manager) tool
• Billing and invoice generation
• Multilingual support
• Support for multiple currencies
• Allows dropshipping
• Reports
• Integrated with several shipping options (40+), and results in better order fulfillment
• Support for multiple stores
• Setup is easy
• Excellent technical support
• It can be integrated with different eCommerce channels, like Amazon, eBay, Shopify, etc. 
• This software can run across multiple devices.    

This tool comes with different pricing options; people can choose a plan among them.

2. Quickbooks        

This is another software from where one can draw inspiration. With this tool, one can keep track of inventory and order bills, stock levels, invoices, and similar details. People find it easier to operate this tool, and you need software that offers the same comfort level.

This tool contains several third-party integrations that can assist in managing all the eCommerce management processes. Also, it comes with additional support for tax, and time tracking, and downloadable reports. Along with these concepts, you can ask for a tool with advanced analytics support to make the task easier. Listen to what the software companies Kolkata say about this requirement, and then make a decision.   

3. TradeGecko    

This is a tool that can be used with multiple eCommerce channels, including Shopify and WooCommerce. TradeGecko comes with a full-on inventory control system and flexible payment options. It also comes with third-party integrations that can be used to link the platform with the WooCommerce channel.

Here, people find it easier to manage product details (adding, editing, or deleting) and keep track of them. Also, they can keep track of the sales figures, shipping rates, and more. It’s not a bad idea to use this tool as a reference but it is important to add POS support with us as well.

4. Netsuite        

According to a Kolkata software company, this is an excellent example of an eCommerce inventory management software. Some of the outstanding features include in-built business intelligence, inventory management system, global support, tax compliance, nearly 300 plus integrations, and support for multiple stores. It also comes with flexible pricing options that can suit one’s requirements.

These are some of the examples that can act as a reference point for an inventory management software. If you want more features, you need to speak with the experts to get a better idea.

Also Read : What Features Must Be Included Within A Social Media App? A Developer’s Opinion