Barventory: Effective and Scalable Inventory Management for Bars

Top 10 Inventory Management Solution Companies – 2020

Amid the COVID-19 pandemic, it has become crucial for logistic companies to learn the art of reacting effectively during unexpected disruptions. On that front, having a clear picture of the inventory has become essential than ever. The pandemic has highlighted the importance of inventory management in logistics in several ways, highlighting unreliable inventory supplies and capacity constraints. Inventory management can alleviate the impact of the pandemic for several industries by helping them manage the demand and recommending how to fulfill it. And the sectors that lacked a sufficient and expansive inventory management system in place have suffered the most in this crisis.

Technological advancements, however, have begun to optimize inventory management by making new levels of accuracy possible. Today, artificial intelligence (AI) can predict what’s being called “near-perfect forecasts” of customer orders, using disparate variables like weather, season, and local events as well. Notably, the application of artificial intelligence (AI) in inventory management is, at present, expanding beyond predictive analysis. AI is aiding warehouse robotics to navigate the warehouse and manage its inventory with surprising efficiency. Another trend that is increasing in importance in the area of inventory management is the omnichannel retail businesses. It is, therefore, essential for retailers and warehouses to develop the inventory management process to keep up with the trend of omnichannel retail.

At this juncture, there are various inventory management solution providers, along with multiple consulting and services companies available in the market that caters to the different needs of the enterprises. To help businesses choose the service, consulting, or solution that best fits their requirement, Logistics Tech Outlook has compiled the list of the top 10 inventory management solution providers and consulting/service companies. The enlisted solution providers and consulting/service companies are the frontrunners in the market that provide a wide span of features. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.

We present to you Logistics Tech Outlook’s, “Top 10 Inventory Management Solution Providers – 2020”

    Top Inventory Management Solution Companies

  • Provides an enterprise grade system for liquor inventory & bar management with dashboard reports and core inventory management software

  • Provides an integral solution for forecasting, demand planning and inventory control

  • Cin7


    Cin7 makes complex retail and wholesale simple with all-in-one cloud inventory, POS,EDI and 3PL

  • Finale Inventory

    Finale Inventory

    Finale Inventory is the best cloud inventory software for applications involving high-volume, multi-channel eCommerce and warehouse management

  • Kinaxis [TSE: KXS]

    Kinaxis [TSE: KXS]

    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

  • Megaventory


    Megaventory can manage products in multiple locations, issue invoices, purchase or sales orders and distribute information across employees, partners or clients in a web based, multiuser environment

  • Orderhive


    Orderhive is an ecommerce automation platform that helps you save your time and focus on growing of business

  • Shipcom Wireless

    Shipcom Wireless

    Provides integrated supply chain execution software solutions, focussing on automatic identification and date collection, RFID and enterprise mobility markets

  • Systum


    Provides a platform that offers a single interface to access all of the customer facing apps employed in an organization

  • WithoutWire Inventory Sciences

    WithoutWire Inventory Sciences

    Provides Warehouse management Solutions that improve Inventory efficiency and streamline optimization