1. Katana — Cloud inventory platform
Price:Starts at $99.00 per month
Free trial: No, but you can get a demo
Introducing the best inventory management software for small and medium-sized businesses — Katana’s live inventory management software.
Katana gives companies total inventory control of their entire stock — raw materials, finished goods, and work-in-progress. This automated inventory management system allows you to track inventory movements in real time and adjust your workflows. At the same time, Katana automatically reallocates items to open orders to fit the new workflow. You can alsoset reorder points on your raw material and finished goods so you can avoid your stocks depleting and bringing your business to a grinding halt.
Let’s go over some of the main features in more detail.
Multichannel sales and production management
Stay ahead of your deadlines with full visibility of your inventory, operations, and orders across your different sales channels at different locations. So, whether you’re selling online or in-person, Katana inventory management software can differentiate your stock.
SKU management
SKU codes are essential for managing inventory since they help you identify the exact item and product variant in your inventory.SKUs can also help your e-commerce platform, like Shopify, to recommend other items to customers on your websites. If your business is running an online store, then Katana is one of the best inventory management software that connects with most e-commerce platforms out there.
Complete traceability
Traceability is a legal requirement for certain industries, such as ones that handle perishable inventory. Batch trackingwith inventory management software is also great for manufacturers that use both make-to-stock and make-to-order workflows, as it allows them to easily separate their inventories.
Katana lets you track batches, serial numbers, and expiry dates, making it the best inventory tracking software.
Multilocation
If you have multiple factories, warehouses, or items in consignment, then Katana inventory management software can help you manage these items from anywhere. So, if one location has low stock levels, you can easily make a stock transfer and stay ahead of the demand.
Integrations
The best online inventory management software comes with integrations, such as:
Using either the native integrations, the codeless templates, or by accessing the API. Katana gives users all the tools necessary to integrate and synchronize with their favorite business tools for e-commerce, accounting, reporting, CRMs, and many more.
Pros
- Implementation service to get set up 2 to 3 times faster and a great support team should you run into any issues
- Manage products and their variants with the in-depth bill of materials/product recipes
- End-to-end material and product traceability
Cons
- Katana is designed for businesses that hold their own inventory, so may not be ideal for drop shippers. However, Katana has the tools to support contract manufacturing.
- Katana is primarily built to support SMB businesses
Let’s keep going and see what’s the next best software for inventory management.
