A proper inventory management system is vital for modern retailers to flexibly adapt with changes in the market. However, developing an advanced inventory system is never an easy task since there are numerous things to handle. Fortunately, if you are running your stores on the Magento platform, you can easily find and choose a Magento inventory management extension in the marketplace. Yet, which one is the most suitable for your stores? Following are the top 5 Magento inventory management extensions you may look for.
ConnectPOS by ConnectRetail
The very first Magento inventory management extension in this list is ConnectPOS developed by ConnectRetail. This company has provided POS solution for Magento retailers for ages. And by 2020, there are more than a thousand Magento retailers adopting this solution.
The highlight feature of ConnectPOS is its ability to synchronize all data between every store, warehouse locations and the system in real time. Even when your store disconnects with the Internet, the system is able to continuously record data and update into the system later on.
In addition, ConnectPOS enables retailers to create orders with products that are temporarily out-of-stock in order to avoid losing sales revenue. The new feature – Stocktake of this Magento POS supports retail business to count and save items accurately within the app in just a few clicks.
Being a global standard inventory management solution, ConnectPOS offers many other powerful inventory features. You can go to this page and check them out or book a demo to experience this solution freely within 14 days.
Advance Inventory Management by Veeqo
The inventory management extension developed by Veeqo is truly an all-in-one solution. This extension can not only facilitate omnichannel inventory management but also support store orders, delivery, and returns.
Also, Veeqo provides Magento retailers with an outstanding forecast feature. To be more specific, retail businesses can have this feature to analyze their sales and evaluate best selling items. Besides, retailers can also create and sell products in bundles, packs and then deliver them to customers in just a minute.
Advanced Inventory by Wyomind
Similar to ConnectPOS, Wyomind enables retailers to update all inventory data in real time in order to closely keep track of every operation. Additionally, with Wyomind, retail store owners can also create an unlimited number of stock levels as well as dispatch orders automatically.
Another excellent feature of Wyomind advanced inventory is the restricted access option. With these features, retail stores are able to optimize the sales process by assigning suitable permissions for particular staff.
Inventory management by Unleashed
Unleash offers retailers a cloud-based inventory solution that can support them to effectively manage multiple warehouses. There is no limitation on the number of warehouses retailers can manage with these extensions. Also, the system can constantly collect and store all data related to inventory such as stock levels or product prices into the system. Besides, Unleashed has developed a mobile app to better support retailers anytime anywhere.
Multi Warehouse Inventory by Amasty
The Magento inventory management extension from Amasty provides retail business almost every basic feature for managing warehouses. Moreover, this extension empowers retail stores with the ability to unite several sources via stocks and link them to their sales platforms. Amasty also utilizes algorithms to customize as well as optimize shipping cost.
There are more and more inventory extensions entering the marketing which may somewhat confuse retailers to choose the one for their store. Here is a comprehensive list of most feature-rich and robust solutions we have made to help Magento retailers. We hope that via this article, you can have an overview of what a Magento inventory management extension can do for your stores and finally find out your most suitable partner. If you have any further questions, feel free to contact us anytime!