Top 10 Inventory Management Solution Providers - 2019
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Kinaxis: One-Stop-Shop for Efficient Supply Chain Management

Top 10 Inventory Management Solution Providers - 2019

As demand grows, challenges crop up simultaneously, and only the best survive the tidal onslaught of competition in the ever-growing business market. Along parallel lines, inventory management has come a long way from its inception as manual bookkeeping. Effective inventory management has become necessary for businesses that aspire to stand among the top as it displays its panache when it comes to maintaining and keeping track of stocks, identifying demand patterns, anticipating customer requirement, and projecting customer satisfaction, ultimately leading to productive trade management and astounding success stories.

Current trends point toward a rise in hybrid warehousing and cloud-based data storage that aim at reducing the expenses involved and increasing the convenience in storing materials. The blockchain technology is a new entry into this arena, and it has been revolutionizing every idea since its arrival. Smart contracts are already automating processes to reduce human errors, which have been scourging inventory management. With the retail industry banking on online paradigms, customers have moved toward portability and to cater to them adequately, omnichannel shopping experiences are increasingly becoming normative. RFID systems for tracking individual shipments have piqued the interest of businesses not only because they help to keep track of stocks, but also as they prove to be a prominent defense against theft.

Smart, on-the-go inventory management solutions for handheld devices—including smartphones and tablets—for sending data across platforms have a definitive chance at becoming mainstream.

To facilitate CIOs in realizing the right inventory management solution, a panel of CEOs, CIOs, VCs, and analysts, together with the Logistics Tech Outlook editorial board has assessed several inventory management solution providers and picked the best-performing companies. The companies featured here display prowess in tending to the emerging needs of fleet owners and warehouse managers. We present to you Logistics Tech Outlook’s “Top 10 Inventory Management Solution Providers - 2019.”

Company Logo Company Name Company Description
Boxzooka Offer total supply chain management and retail consulting with a specialty in facilitating international growth
Fishbowl Provides a powerful inventory software solution that helps to organize all of the data involving inventory, purchase orders, sales orders, and much more into a nice consistent format
inet logistics A leading provider of Software-as-a-Service (SaaS) with substantial know-how in the field of logistics
Kinaxis Offers inventory management application that ensures to have the right inventories, at the right place, at the right time to drive improved margins, minimize inventory levels and avoid excess and shortage conditions
Odoo Odoo is an open-source suite of integrated business applications that provide the most efficient stocking method to improve all internal operations of a warehouse
Orderhive Provides all-in-one operations automation software for automating multi-channel Order, Shipping, and Inventory management operations to maximize efficiency
ShipStation Helps to develop an effective product allocation strategy so that the inventory is always optimized, in sync and flowing out the door
Slimstock Provides an integral solution for forecasting, demand planning and inventory control
Wasp Barcode Technologies Provides complete barcode tracking solutions for SMB and enterprise-level organizations
Zoho Offers an online inventory management software that takes care of inventory, purchase and sales orders, and warehouses