Top Warehouse Management Software for Small Business in 2020

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A recent report revealed that there are approximately 30.7 million small businesses in the United States. Of those businesses, the ones that thrive are those that manage their operations efficiently while lowering costs. Warehouse management software has been designed to address exactly those needs. Before we look at the top warehouse management software for small business, let’s understand what these solutions are, their benefits and features.

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Best Warehouse Management Software for Small Business

What is Warehouse Management Software?

When a business is just starting out, it’s acceptable to maintain inventory with spreadsheets. But, as a business grows, maintaining spreadsheets, even with few users and smaller inventories, can get clumsy and tedious. It has become more critical than ever to identify opportunities for growth while cutting costs. Warehouse management software can keep a more organized record of inventory and automate warehouse operations, saving time so you can focus on more important decisions. They increase efficiency in day-to-day operations and help create customer delight. To decide the right system, you must determine which features will benefit your business the most.

Let’s look at some of the benefits of warehouse management systems for small business.

Benefits

WMS for small business, whether it is offered as part of a supply chain management, enterprise resource planning suite or as a stand-alone module, can streamline business operations. Most solutions help:

  • Save Money: Tools like vendor managed inventory and demand reporting and forecasting ensure that products are not wasted.
  • Reduce Human Error: Features like barcoding lower human error and make warehouse operations like sorting, picking, counting and receiving smoother.
  • Serve Customers: Reduces the time taken to pick, pack and ship products, resulting in customers receiving their orders sooner.
  • Increase Transparency: Reporting capabilities give a broader view of inventory. It increases transparency and reduces miscommunication between you, your vendors and your customers.

Key Features

Inbound and Outbound Operations

Without solid inbound and outbound capabilities, the rest of your warehouse functions will be focused on playing catch-up. Having a strong system in place for quick check-in and fast and accurate put-away will help you avoid mistakes later on. On the same note, having a robust outbound system can help prevent returns, increase customer satisfaction and lessen the load on your inbound resources.

Inventory Management

You may have a smaller setup, but that doesn’t mean it’s easy to manage your inventory. Big operations like Amazon and Walmart have set expectations so high that customers no longer expect (or forgive) mistakes. Having a clear and comprehensive view of your stock is the only way to keep up and minimize errors. This is a crucial feature of warehouse management software for small businesses.

Integration

You want to be sure whenever you invest in a new system that it is usable alongside your current software. Luckily, warehouse management software can come as a stand-alone product, part of a larger SCM module, or as part of an ERP. You’re pretty much guaranteed a way to make it fit your existing solutions, just choose wisely!
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Labor Management

This capability can help reduce human error during labor planning. If you have a lot of redundancy in your warehouses, such as the repetition of the picking or put-away process, this may be an asset to you.

Analytics and Reporting

Business Intelligence is a significant component of any successful endeavor, and the more places you can access it from, the better. As described above, there are many situations where it’s impossible to know the cause or extent of an issue without precise analytics.

Additionally, most systems today offer cloud deployment. The real-time visibility that you can only get with the cloud makes any analytics and reporting more viable. With up-to-the-minute data, you’ll be able to make more informed decisions and more accurate predictions.

Now that you have a better understanding of what you might be looking for, here are the top five solutions for small businesses:

Top 5 Warehouse Management Software for Small Business

With a better understanding of how WMS software is positioned to help businesses, you can begin to explore the market for products that are the most viable fit for your needs. Our analysts have compiled a list of leading products to get you started.
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Fishbowl Warehouse

Overview

Fishbowl Warehouse is available as a cloud-based or on-premise deployment strategy. Its features include order management, inventory management, shipping and more. It also integrates with other solutions like QuickBooks, Xero and others. It is ideal for manufacturers, retailers, wholesale distributors and government entities.

Fishbowl Warehouse

Fishbowl’s helpful dashboards give users quick visibility into core WMS processes

Top Benefits

  • Auto-Reorder Points: Supports automatic reorder points to manage overstocking and inventory shortages.
  • Integrates with Existing Software: Easily integrates with existing accounting software such as Xero or QuickBooks.
  • Free Trial: Offers a 14-day free trial so that users experience the software before purchasing it.
  • Evaluates Salesperson: Helps users identify the top salespersons using the reports feature.
  • GPS Tracking: Comes equipped with a GPS tracking feature that tracks when and where employees punch in and out. It uses purchase orders, barcodes and other tools to choose, pack and ship products. It picks multiple orders to manage the order fulfillment process.

Key Features

  • QuickBooks Integration: Integrates effortlessly with QuickBooks. It eliminates double data entry by updating accounting records and inventory.
  • Xero Integration: Integrates with Xero. Changes made in Fishbowl are automatically updated to Xero. Fishbowl tracks orders and updates data to Xero. It transfers information about scrapped inventory, cycle counts and other adjustments to Xero.
  • Multiple Locations: Lets users track inventory in multiple locations. It manages shortages by moving inventory from one location to another and generates sales trends for every location.
  • Order Management: Lets users create tickets, sales and purchase orders and other documents. It generates in-depth reports of warehouse operations and allows users to receive products, track shipments and set up reorder points.
  • Inventory Management: Helps businesses manage inventory by generating barcodes, managing warehouses and making auto-reorder points.
  • Shipping: Can be easily integrated with multiple shipping solutions to deliver finished goods to customers.
  • Multi-Currency: Lets users receive and create purchase and sales orders in any currency. It then converts the amount into home currency. Currencies can be assigned to customers and vendors, and it also integrates currency preferences with QuickBooks.
  • Reporting: Creates reports related to inventory and sales data into graphs, and forecasts future inventory needs. This also generates reports like turnover pie-charts or bar-graphs, adjustment reports and best salesperson.
  • Fishbowl Time: Fishbowl is a timekeeping system that lets employees clock in and out with PINs and QR codes. Employees can track their hours, tax status, paid time off, vacation time, overtime and payroll. Employees can also clock in from authorized locations.
  • Plugin Products: Plugins can be added to Fishbowl Warehouse. Fishbowl Anywhere lets users access the system from any device. Fishbowl Go performs cycle counts and scans barcodes. Fishbowl SalesPoint lets users create a point-of-sale solution that accepts cash and card. Fishbowl Commerce manages inventory across multiple e-commerce channels.

Limitations

  • Does not have a mobile application for Android.
  • Provides only basic reports and does not allow customization.
Price: $$$$$
Deployment:
Platform:

Company Size Suitability: S M L

TradeGecko

Overview

TradeGecko’s cloud-based solution has inventory management features that focus on online businesses. It includes inventory management, reporting, warehouse management, shipping, price management and more.

TradeGecko

TradeGecko helps keep users organized with visually digestible and information lists

Top Benefits

  • Avoid Product Expiration: Uses the First In, First Out (FIFO) logic and sells products in the order in which they were manufactured.
  • Limits Access to Data: Allows users to manage employee access to the stock management system.
  • Free Trial: Offers a no credit card required 14-day risk-free trial.
  • Set Price Breaks: Allows users to set lower prices for bulk orders.
  • Integrates with E-Commerce Platforms: Integrates with e-commerce solutions like WooCommerce, Amazon, Magento and Shopify.
  • Upload Inventory: Users can upload their inventory with a click on all e-commerce platforms.

Key Features

  • Warehouse Management: Lets users manage multiple warehouses using a single platform. Users can move goods between warehouses, receive and fulfill orders and manage the warehouse. They can customize access employees have to the stock management system.
  • Order Management: Helps users manage orders from creation to fulfillment. It synchronizes orders with inventory, manages sales order workflow, brings sales orders from all sales channels, creates sales reports in real-time and partially fulfills orders.
  • Multi-channel Sales: Provides users with a central dashboard to manage inventory and sales orders for all sales channels. Users can avoid stock-outs and sell internationally in multiple currencies. They can also upload their entire catalog on all e-commerce platforms in a single click.
  • Price List Management: Lets users change inventory prices and add individual prices for specific customers. Special rates can be set for customers buying in bulk. This also shows price lists on the TradeGecko mobile application.
  • Reporting: Users can generate sales history reports that highlight metrics like the top performing product, customer, sales channel, salesperson and more. Reports like stock in hand, inventory location and stock reorders can also be generated

Limitations

  • Offers only mobile applications for iOS devices, Android devices are not supported.
  • Sales orders, once created, cannot be edited or changed.
Price: $$$$$
Deployment:
Platform:

Company Size Suitability: S M L

Cin7

Overview

Cin7 is cloud-based software for small and large businesses alike. Its primary features are inventory management, warehouse management, points of sale, reporting, production management, forecasting, B2B selling and more. It centralizes order workflows, sales channels, inventory and stock locations in a single platform, connecting customers to products. It is perfect for organizations with basic workflow requirements, and it streamlines orders across all the sales channels and allows location assignments.

Cin7

Cin7 gives users immediate access to warehousing vital statistics

Top Benefits

  • Extensive Integrations: Supports 450+ integrations and connects users to services, platforms, sales channels and more.
  • Built-In EDI: Users can manage orders with built-in electronic data interchange technology. Users can receive, send and automate time-critical transactions and manage chargebacks.

Key Features

  • Inventory Management: Helps users optimize their stock by handling costing, inventory recognition, inventory planning and required inventory. Users can calculate the actual cost of their in-house stock.
  • Point of Sales: Has a built-in point-of-sale inclusion that processes transactions, manages store inventory, ships orders and transfers orders to other locations. Users will also have multi-location, real-time stock visibility and searchable online orders.
  • Warehouse Management: Automates packing and order routing while streamlining picking, stocktaking and packing. It keeps customers informed with order status and real-time availability.
  • Reporting: Supports customizable pivot table reports on cash flow, available inventory, COGS and forecasting based on sales data. Users can view operations and sales in real-time across every sale, channel, customer and location.
  • Production Management: It tracks costs related to production, and production jobs are created from purchase orders, sales orders and quotes.

Limitations

  • Does not read information sourced from websites connected to Shopify, so users have to adjust inventory for sales that are not from specific websites.
  • Does not read all the orders that are pushed to the ship station. Users have to manually enter data for certain sales orders.
Price: $$$$$
Deployment:
Platform:

Company Size Suitability: S M L

Zoho Inventory

Overview

Zoho Inventory is cloud-based software, though it can also be used by businesses of all sizes. It includes warehouse management, order management, inventory control, order fulfillment, reporting and multi-channel selling.

Zoho Inventory

Easily keep track of important sales order information like dollar amount and status

Top Benefits

  • FIFO Tracking: Uses the First In, First Out (FIFO) method to value stock, and it automatically sells and clears old stock first to avoid inventory expiration.
  • Common Dashboard: Gives users a bird’s eye view of sales orders, and checks on the number of orders that are invoiced, pending, packaged and delivered.
  • Payment Integration: Set up customer accounts and integrate them with payment accounts to facilitate online payments.
  • Dispatch Orders from Nearest Warehouse: Manage transportation costs by choosing locations closest to the customer location to fulfill their orders.
  • Serial Number Tracking: Label items in inventory with a tracking code to manage it from purchase to sale.

Key Features

  • Warehouse Management: Manages multiple warehouses at multiple locations, dispatches orders, tracks orders and generates reports.
  • Inventory Control: Updates inventory quantities across all selling channels when a purchase or sale happens. It tracks batches of products and monitors expiry dates. Users can determine reorder points and choose preferred vendors.
  • Multi-Channel Selling: Sell products via multiple channels and trade in other currencies. Users can also measure every channel’s performance.
  • Order Fulfillment: Supports auto-generated packing slips, shipping labels, real-time rates and post-shipment updates to help with the order fulfillment process.
  • Reporting: Helps businesses make decisions by generating purchase and sales reports that provide product, payment, customer and stock details.

Limitations

  • Reporting capability does not help users with forecasting.
  • Receive products from a single purchase order at a time. They cannot receive multiple orders together.
  • Cannot use existing batch ID numbers while adding stock. They have to create new ID numbers.
Price: $$$$$
Deployment:
Platform:

Company Size Suitability: S M L

Veeqo

Overview

Veeqo’s cloud-based software is designed for omni-channel retailers. It manages shipping, orders, warehouse and multi-channel inventory.

Veeqo

Veeqo gives users an overview of the relevant information attached to any ready-to-ship packages

Top Benefits

  • Free Trial: Offers a risk-free no credit card required 14-day trial.
  • Mobile Application: Supports a mobile application for both iOS and Android.
  • Warehouse Automation: Filters orders, sorts them into batches and chalks out the shortest warehouse route.

Key Features

  • Multi-Warehouse Routing: Connects different sales channels to users’ warehouses. Users can choose alternative warehouses, and it switches inventory whenever stock becomes low.
  • Inventory Sync: Syncs across multiple marketplaces, warehouses and stores in real time. It automatically adjusts inventory levels when a purchase or sale is made.
  • Forecasting: Forecasts how much inventory a business should purchase based on past sales and purchase trends. It automatically reorders inventory from suppliers.
  • Order Management: Streamlines orders across all selling channels, automates bulk orders and facilitates returns management.
  • Reporting: It helps users make decisions by generating detailed reports to analyze products. It creates sales reports and breaks the data down by product, channel, order status, store, category and team members.

Limitations

  • The Enterprise plan is the only plan that generates custom reports.
  • Does not support the scan to ship module, making shipping an item take more time.
Price: $$$$$
Deployment:
Platform:

Company Size Suitability: S M L

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Final Thoughts

Finally, it can be said that warehouse management software is a great addition to your business to streamline warehouse operations, inventory and other complex activities. While researching systems for small business, you may notice that not much information is available on how to choose one. You can always ask the vendor for a demo and ask questions for some additional clarity.

How did you choose warehouse management software for your business, and what challenges have you faced? Let us know with a comment below!

Divya DugarTop Warehouse Management Software for Small Business in 2020

4 comments

Join the conversation
  • Mike Lump - October 10, 2018 reply

    We have a small company that is just starting up and we are looking for a warehouse management system that would be best suited for our needs. For the most part it will be inventory in/inventory out but we want to be able to manage this inventory as well. Some of the items we receive in will not have bar codes, or part numbers so we would like a system that will also allow us to implement a part number. There are a few other wants that I have but would like to be able to speak with someone who could better explain what would be best for our needs

    Kim O'Shaughnessy - October 10, 2018 reply

    Hi Mike! Go to this link: https://selecthub.com/about/consultation-call/ and fill out the form on the page. Response time is usually just a few minutes during business hours, and then someone from our team will give you a call to talk more about what you’re looking for!

  • Roger Lehman - September 7, 2020 reply

    Thanks for sharing such a helpful piece to manage the warehouse with useful software tips.

    Hunter Lowe - September 8, 2020 reply

    Thanks for the comment Roger, I’m glad the article was helpful!

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