Managing a business is a cumbersome task but technology has reduced our hassle to a great extent. From accounts to warehouse management, we have different tools to manage different departments.
And by not getting the right software for every department, you degrade your productivity.
Often, people find it worthless to get software for the warehouse as they call it an easy task. But it takes a lot of time to record entries, sales, and absence of products. We often lose track of products and fail to report the right numbers to the accounts department.
In this article, we are going to focus on some warehouse management software that can be used for impeccable management of your warehouse.
What is warehouse management software?
Warehouse management software helps a business to keep track of its inventory and related operations. From stock adjustments to timely delivery, management software can facilitate the growth of your business in every possible aspect.
It facilitates order processing, and inventory tracking and provides real-time shipping information as well. It helps businesses improve accuracy, reducing labor charges and avoiding errors caused due to human negligence.
How to select the right software for your business?
While selecting the right warehouse management software, you need to consider these factors:
Size of warehouse
One of the most important factors is the size of a warehouse. Some software doesn’t support large-sized businesses so you have to be careful before buying software.
Cost
I know, there is no point in mentioning this factor but this is needful. Some people believe only expensive products can give valuable results. But that is not true. You have to research and find tools that can give fair results at affordable tools.
Features
One should be watchful of the features of the warehouse management software you are planning to buy. Some WMS are specifically designed for a particular industry.
Types of Warehouse Management Software
There are three types of WMS in the market that includes:
Warehouse Management Software
Top Warehouse Management Software
Warehouse Management Software
Megaventory
Megaventory is the best warehouse management software as it offers a great degree of customization. These customizations allow you to modify features according to your needs. It is a great tool for manufacturers, small businesses, and wholesale businesses.
It also offers integrations with other tools using APIs. It also allows you to track the manufacturing of the product so that you can have a clear idea about its availability. It helps you in stock management by monitoring inventory levels, adjusting discrepancies, and avoiding stockouts.
It also supports report creation and allows you to have complete analysis on your screen.
It provides customer support through live chats and emails.
Ratings– 4.5 out of 5 stars.
Pricing
$135 per month, however, you have to make payments annually.
Finale Inventory
Finale inventory is one of the best management software as it allows you to track real-time operations of multiple warehouses at a time. This makes it a great choice for large businesses. This software uses a barcode scanner to display the details of the product which makes operations quite easy.
Easy label printing allows you to have precise labeling for better tracking of the inventory. It also offers wide integrations with different software which removes the hassle of switching apps. They also provide video tutorials, emails, and calls to guide their customers.
Ratings– 4.7 out of 5 stars
Pricing
$63 per month
Prodsmart
I would rather call it a full package for a manufacturing factory instead of calling it warehouse management software. It allows you to track production, and orders, monitor inventory, and schedule raw materials, orders, machinery, and workers. You can also track the performance of employees using this tool.
Now you must have got an idea why I called it a full package.
It has an amazing user interface and you don’t have to spend extra time to learn the operations of this software. You can have a clear idea of the inventory of raw materials, the finished product, and the entire workflow.
They provide customer support through chats and phone calls. This is the best software for businesses that are suffering from lower productivity problems.
Ratings– 4.7 out of 5 stars.
Pricing
Contact the team for prices.
Logiwa WMS
It is software that is used to cater to B2B, B2C, and 3PL (third-party logistics) providers. It offers a high degree of automation for order processing, and inventory updates through pre-integrations. The software is pre-integrated with 200 e-commerce products like Shopify, DHL, Amazon, and many more.
They provide customer support through emails and like Finale Inventory it also supports handling multiple warehouses. Order routing is one of the most amazing features of this software. It assigns orders to the most capable warehouse based on different parameters like inventory, customer proximity, and availability.
Ratings– 4.5 stars out of 5.
Pricing
Contact the team for prices.
Hopstack
Hopstack is known for the wide variety of features it offers to its users. What people love the most about this tool is the highest degree of automation it offers. It improves inbound storage and real-time visibility of tasks. It is known for adding management efficiency to the greatest level.
It has a fully configurable workflow designer and a user-friendly interface. It offers a wide range of hardware as well as software integrations. The best thing about this tool is flexible pricing. It offers 24*7 customer support.
This is not the right choice for small businesses.
Pricing
Contact the team
Maropost
Maropost allows you to automate your inventory as well as order management process without any difficulty. It also allows you to handle multiple stores at a time which in turn provides you with a clear view of the entire business’s inventory.
From product to information, you can manage everything using this software. It syncs shipping tracking data and also manages multiple sales channels. It has an amazing user interface and flexible pricing options.
This is not a good choice for small businesses.
Pricing
It offers a 14-day free trial and four different plans. You can also get a customized plan.
Infor SCM
Infor SCM is a renowned warehouse management software that was started in 2002 with a different name. Over the years, it has managed to build a strong customer base with its extraordinary services.
The list of features of this software is quite long. It provides advanced capabilities of WMS, inventory management, transportation execution, and much more. Centralized shipment tracking is one of the best features of this software.
It offers supply chain planning features early payment options and much more.
The shortcoming of this tool is that it doesn’t prepare reports and doesn’t have arrangements for document management.
Pricing
Contact the team for pricing
Astro WMS
“One fit for all”- the perfect group of words to describe this software. It is one of the fines warehousing solutions developed by a group of pioneers in Europe. It supports integrations with ERP systems.
Other features include a real-time overview, yard management, and resource planning. It offers accuracy, flexibility, and scalability.
Pricing
Contact the team for prices.
Striven
Striven helps you in inventory and order management with a great degree of customization. Its simple user interface and features make it a perfect choice for small and medium-sized businesses.
It updates you with stock alerts and even pinpoints the exact location of a product in the warehouse. You can add items to the inventory manually or through barcode scanning.
Pricing
It offers a 7-day free trial for its users. Paid plan starts at $20 per month.
Conclusion
As of now, you must have a complete idea of what is warehouse management software and how you can get the best one for your business. The market is flooded with different software but finding the right tool for your business is more than important.
You can choose the software which suits the best with your needs these. As we said in the beginning, by not getting the right tool at the right time you pave the way for reduced productivity and poor management which in turn impacts the overall growth of your business.
Let us know in the comment section which tool you like the most.
Warehouse management software is a tool used to manage stock and other operations of a warehouse. It helps you reduce labor charges and improve your productivity. You can also avoid human error and there remains no chance of incorrect numbers getting recorded.
Which is the best management tool for free?
Many tools can be used for free. This includes the following:
Square
Shortly
Salebinder
When should I go for management software?
There is nothing like the right time to buy management software for your business. The moment you feel your productivity is getting hampered due to mismanagement or you are not able to keep track of your business, that is high time for you to get warehouse management software for your business.
For which business these tools are important?
Any business can get management software when they feel the need to have it. From small businesses to large enterprises, everyone uses such software for better management of their business.
What are some factors that should be considered before buying warehouse management software?
You should not search online and blindly buy any management software for your business. Some factors like cost, customer needs, warehouse size, and features of the tool before buying.
