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Stock Control Software


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Fishbowl Inventory logo
 
An Intuit Gold Partner for more than a decade, Fishbowl is a well-known inventory add-on for QuickBooks. Reduce double data entry. Improve speed of reordering and receiving processes. Improve data accuracy and more.
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An Intuit Gold Partner for more than a decade, Fishbowl is a well-known inventory add-on for QuickBooks. Reduce double data entry. Improve speed of reordering and receiving processes. Improve data accuracy and more.
 
Agiliron Inventory Management logo
 
Agiliron cloud-based point-of-sale (POS) solution is designed to serve both in-store and mobile businesses as well as online sales channels. The system offers a host of features that work in tandem with the point-of-sale solution,... Read More
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Agiliron cloud-based point-of-sale (POS) solution is designed to serve both in-store and mobile businesses as well as online sales channels. The system offers a host of features that work in tandem with the point-of-sale solution,... Read More
 
Goods Order Inventory System (GOIS­ Pro) logo
 
Goods Order Inventory System (GOIS Pro) is a cloud-based inventory management solution that also provides order management functionalities. It is suitable for businesses in any industry and of any size. GOIS Pro allows you to use... Read More
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Goods Order Inventory System (GOIS Pro) is a cloud-based inventory management solution that also provides order management functionalities. It is suitable for businesses in any industry and of any size. GOIS Pro allows you to use... Read More
 
TRXio logo
 
Available since 2009, TRXio by Cairnstack Software is a cloud-based inventory management system designed to help businesses of any size manage their assets, protect their brand, and comply with industry standards. Within the TRXio... Read More
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Available since 2009, TRXio by Cairnstack Software is a cloud-based inventory management system designed to help businesses of any size manage their assets, protect their brand, and comply with industry standards. Within the TRXio... Read More
 
Lead Commerce logo
 
Lead Commerce is an integrated order management suite that offers applications like inventory management, merchandise planning, and customer relationship management. The solution helps small and midsize businesses streamline and automate... Read More
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Lead Commerce is an integrated order management suite that offers applications like inventory management, merchandise planning, and customer relationship management. The solution helps small and midsize businesses streamline and automate... Read More

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SwiftCount logo
 
Swiftcount is a cloud-based inventory management solution suitable for small to midsize businesses in a variety of industries. Key features include product management, inventory counting, inventory searching and multiple location support. Swiftcount... Read More
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Swiftcount is a cloud-based inventory management solution suitable for small to midsize businesses in a variety of industries. Key features include product management, inventory counting, inventory searching and multiple location support. Swiftcount... Read More
 
Unleashed logo
 
Unleashed is an inventory management system designed for midsize businesses. Launched in 2009 by New Zealand-based Unleashed Software, Unleashed provides real-time visibility of all inventory management processes and transactions across... Read More
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Unleashed is an inventory management system designed for midsize businesses. Launched in 2009 by New Zealand-based Unleashed Software, Unleashed provides real-time visibility of all inventory management processes and transactions across... Read More
 
AdvancePro logo
 
Integrate your existing QuickBooks records quickly and easily into AdvancePro's system. In addition to high-performance warehouse and inventory management tools, it also offers highly-tailored CRM features.
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Integrate your existing QuickBooks records quickly and easily into AdvancePro's system. In addition to high-performance warehouse and inventory management tools, it also offers highly-tailored CRM features.
 
eTurns logo
 
eTurns is cloud-based software designed to manage remote stockroom inventories with eVMI sensors, iPhones/Androids, scanners or RFID. It aims to help customers optimize inventory at the point-of-use in order to reduce costs and deliver... Read More
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eTurns is cloud-based software designed to manage remote stockroom inventories with eVMI sensors, iPhones/Androids, scanners or RFID. It aims to help customers optimize inventory at the point-of-use in order to reduce costs and deliver... Read More
 
TrueERP logo
 
True ERP is a fully integrated and customizable business management system for organizations of all sizes. Serving thousands of customers worldwide for two decades, True ERP helps reduce company costs and data entry while increasing... Read More
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True ERP is a fully integrated and customizable business management system for organizations of all sizes. Serving thousands of customers worldwide for two decades, True ERP helps reduce company costs and data entry while increasing... Read More

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Infoplus logo
 
Infoplus is an inventory management solution for small to midsize organizations in industries including consumer goods, electronics, food and beverage, retail, pharmaceuticals and more. The system is offered primarily as a web-based... Read More
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Infoplus is an inventory management solution for small to midsize organizations in industries including consumer goods, electronics, food and beverage, retail, pharmaceuticals and more. The system is offered primarily as a web-based... Read More
 
3PL Warehouse Manager by 3PL Central logo
 
3PL Central's 3PL Warehouse Manager offers bar code scanning, billing management, RFID, EDI, and more to help third-party logistics operations manage multiple accounts and multiple clients more efficiently.
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3PL Central's 3PL Warehouse Manager offers bar code scanning, billing management, RFID, EDI, and more to help third-party logistics operations manage multiple accounts and multiple clients more efficiently.
 
Red Rock Warehouse Manager logo
 
Red Rock WMS from 3PL Central is a cloud-based inventory management system for companies doing retail distribution, e-commerce fulfillment and manufacturing. Red Rock WMS can integrate with QuickBooks, manage multiple warehouses,... Read More
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Red Rock WMS from 3PL Central is a cloud-based inventory management system for companies doing retail distribution, e-commerce fulfillment and manufacturing. Red Rock WMS can integrate with QuickBooks, manage multiple warehouses,... Read More
 
ADS Solutions - Accolent ERP logo
 
Accolent ERP by ADS Solutions is a comprehensive business management software developed specifically for distributors. It suits companies with either one location or multiple warehouses and branches, and as few as three or as many... Read More
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Accolent ERP by ADS Solutions is a comprehensive business management software developed specifically for distributors. It suits companies with either one location or multiple warehouses and branches, and as few as three or as many... Read More
 
Oracle SCM Cloud logo
 
Oracle SCM Cloud offers a full suite of applications for companies to manage their supply chain, distribution, manufacturing, inventory management, and fleet.  Using product development, users can create a detailed bill of material... Read More
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Oracle SCM Cloud offers a full suite of applications for companies to manage their supply chain, distribution, manufacturing, inventory management, and fleet.  Using product development, users can create a detailed bill of material... Read More

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SIMMS Inventory Management logo
 
SIMMS by KCSI is a comprehensive inventory and supply chain management (SCM) system that helps businesses organize and control various aspects of their inventory. With features like serial number tracking, lot control, kitting and... Read More
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SIMMS by KCSI is a comprehensive inventory and supply chain management (SCM) system that helps businesses organize and control various aspects of their inventory. With features like serial number tracking, lot control, kitting and... Read More
 
S2K Warehouse Management Software logo
 
S2K Enterprise Management Software by VAI is a fully integrated ERP system designed to manage mid-sized and enterprise businesses in the wholesale distribution, manufacturing and speciality retail industries, across many vertical markets... Read More
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S2K Enterprise Management Software by VAI is a fully integrated ERP system designed to manage mid-sized and enterprise businesses in the wholesale distribution, manufacturing and speciality retail industries, across many vertical markets... Read More
 
Deltek Costpoint logo
 
Deltek Costpoint is an enterprise resource planning (ERP) and management solution designed to meet the requirements of midsize and large enterprise businesses. The solution primarily assists government contractors, professional service... Read More
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Deltek Costpoint is an enterprise resource planning (ERP) and management solution designed to meet the requirements of midsize and large enterprise businesses. The solution primarily assists government contractors, professional service... Read More
 
Sage Inventory Advisor logo
 
Sage Inventory Advisor by Sage ERP is a cloud-based solution designed to help companies minimize excess inventory and stock outs. By connecting to Sage ERP data, the system delivers forecasts and inventory health checks while helping... Read More
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Sage Inventory Advisor by Sage ERP is a cloud-based solution designed to help companies minimize excess inventory and stock outs. By connecting to Sage ERP data, the system delivers forecasts and inventory health checks while helping... Read More
 
RELEX Solutions logo
 
RELEX Solutions is a provider of supply chain management (SCM) software including demand forecasting, inventory planning, replenishment, allocation and supply chain analytics. RELEX systems are designed for midsize to large retailers... Read More
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RELEX Solutions is a provider of supply chain management (SCM) software including demand forecasting, inventory planning, replenishment, allocation and supply chain analytics. RELEX systems are designed for midsize to large retailers... Read More

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Buyer's Guide

by Justin Guinn,
Market Research Associate
Last Updated: September 23, 2017


Inventory control is a complex process with multiple moving parts, quite literally. Any business that deals in physical products needs to maintain its inventory, whether that means transporting or selling products, or assembling them into a different product. In each case, it's essential to always have the right amount of necessary goods on hand.

Selecting the right inventory control software to help you with this process can make your job a lot easier, but choosing that software can be a challenge. The subtle differences between "inventory control" and "inventory management" can also be confusing.

This article will help guide you through this process, so you can choose the inventory control system that best fits your business needs.

Here's what we'll cover:

What Is Inventory Control Software?
Inventory Control Software vs. Inventory Management Software
Common Features of Inventory Control Systems
What Type of Buyer Are You?
Benefits and Potential Issues
Market Trends to Understand

What Is Inventory Control Software?

Inventory control (sometimes also called "stock control," a term used synonymously) means monitoring a company's inventory of products to ensure that slow-selling or little-used items are not overstocked. This way, the business can save money, time and warehouse space by not acquiring products or materials that are unnecessary. The ultimate goal of inventory control is to create maximum profit from the least investment in inventory, without negatively impacting customer satisfaction.

Inventory control systems can automate the monitoring and tracking of your products via their inventory codes, eliminating the need for time-consuming pen and paper logs or Excel spreadsheets. The software relies upon tracking items via barcodes (which you can create and customize) as products move in and out of your warehouse. It can provide automated alerts and reports as those items are checked in or out by various parties.

Inventory Control Software vs. Inventory Management Software

Whereas inventory control is the process of ensuring that you have the ideal amount of stock, inventory management is focused on most efficiently organizing and managing stock, so that reorders happen at the exact right moment.

According to major inventory control and inventory management vendor Fishbowl Inventory, the difference can be stated as follows:

  • Inventory control: "Focuses on cutting the number of slow-selling products a company purchases. This saves businesses time and money because they don't have to spend lots of man-hours reordering and receiving goods that they don't really need."
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  • Inventory management: "Focuses on quickly and efficiently reordering products...Stocking up on products primarily because they can be obtained at a cheaper price will most likely lead to more products spoiling and becoming obsolete, as well as creating an inefficient use of storage space."

The two processes clearly complement one another, and thus many vendors will offer both inventory control and inventory management features, either in a shared package or divided up into separate offerings that can be integrated together.

Materials module in Fishbowl's inventory control software

 

The "materials module" found in Fishbowl Inventory's software

 

This buyer's guide will focus on the features that are specifically a part of inventory control systems, but we recommend you also check out our inventory management software buyer's guide.

Common Features of Inventory Control Systems

The most typical inventory control system features are explained in the following table:

Inventory tracking Enables you to track your entire inventory. This feature allows you to track your products by site, location, serial number, lot, date and/or pallet.
Barcoding Create an inventory system that fits your needs, with flexibility in creating your own inventory and shipping labels.
Check-in/out Track items as they move through the warehouse to employees, vendors or customers, preventing them from getting lost along the way.
Automated alerts Receive automated notifications about low inventory levels, expiring items, overstocked items and reorder points to help you better keep track of inventory levels.
Audits/reports Run periodic audits of your inventory and generate reports so you can track your stock and recognize problems before they develop.

What Type of Buyer Are You?

When considering inventory control software, you should take the following factors about your organization into account:

Industry. Your inventory control needs will vary greatly depending upon the type of industry you're buying for. Retailers will have very different needs from manufacturers, who will in turn have very different needs from distributors. Specific inventory control systems address the unique needs of different industries and may even have functionality that is directly suited to specialty niches within larger industries.

Company size. You should consider whether your company is a small business with one location; a midsize business with multiple locations within a relatively small geographical area or a large, enterprise-level business, with multiple lots located across a wide area. You will need an inventory control system that fits the needs of your particular business segment and the levels of complexity that come with any increases in size.

Be wary of overpaying for robust systems that have more capabilities than you need, but also be sure not to underestimate your needs.

Software needs. Consider carefully whether you are just looking for inventory control, or if you have greater automation, tracking and reporting needs. You may be looking to combine inventory control with inventory management, for example, or you may need an inventory control system that is part of a larger suite that includes other essential features such as supply chain management, warehouse management and/or business intelligence.

Benefits and Potential Issues of Inventory Control Systems

The obvious benefit of inventory control software is that it allows you to automate the process of tracking your company's inventory. It helps you figure out how much of a certain product you need to have in stock, without overages that mean you're stocking extra product with no attendant extra profit. Automation lets you take control of your inventory in a way that would prove exceedingly complex and complicated using spreadsheets or pen and paper.

Through inventory control, you can keep the right amount of raw materials and finished goods on hand and automatically place reorders at the right moment to maximize profit while minimizing stock overage.

However, because inventory control systems rely heavily upon barcode scanning, it does come with certain hardware requirements. Many vendors have mobile apps that can scan barcodes via smartphones or other mobile devices, while others may provide the necessary scanning hardware, potentially at an additional cost.

Market Trends to Understand

Here are some market trends you should consider as you select a product:

Mobile functionality. Largely provided by apps for phones and tablets, mobile functionality is a significant technological shift across most industries, and inventory control software is no different. In these contexts, apps connected to the inventory database can enable employees to scan barcodes throughout the warehouse without having to refer to a desktop computer.

Cloud-based software. Cloud-based systems, which are increasingly popular, require less hardware than on-premises software. They also require less IT knowledge (ideal for small businesses without an IT department), have lower upfront costs and are more quickly implemented, making them a good choice for smaller businesses in particular.

Similar software categories

 

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