ERP for Inventory Management
ERP systems can boost productivity and efficiencies for inventory management and stock based businesses.
At ERP Research we provide independent advice and analysis for top inventory management and stock management ERP systems, helping you find the best software, faster.
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Best ERP for Inventory Management
If your business manages inventory and stock, then your ERP software needs to be able to effectively manage it too. Here are some of the most popular ERP systems for inventory management and stock control:
Infor CloudSuite Industrial (Syteline)
Infor CSI is a popular ERP solution for small and medium sized manufacturing companies in discrete and process manufacturing industries. See how Infor compares.
SAP Business One
SAP Business One has developed many manufacturing specific add-ons for various manufacturing sub-verticals including textiles, food and beverage production, making it a strong choice for small manufacturers.
Netsuite has become a popular ERP system choice for small and medium manufacturers that are looking for a Cloud based ERP system to manage growth across sales, production, supply chain, inventory and financials.
SAP S/4 HANA
SAP S/4 HANA for many is the gold standard ERP solution for large manufacturers. It provides deep industry capabilities for manufacturing and offers the largest customer base of global manufacturing organizations.
Microsoft Dynamics 365
Microsoft Dynamics 365 has become extremely popular with manufacturing organizations that need a greater degree of flexibility in their ERP system. Microsoft has also heavily invested in AI & ML capabilities to improve automation and efficiencies.
Oracle ERP Cloud
Oracle ERP Cloud is a popular ERP solution amongst manufacturers, particularly in process industries. ERP Cloud offers integrated functionality across large enterprises including supply chain, production, HCM, financials and more.
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ERP for Inventory Modules & Functionality
The top ERP software for inventory management can include a variety of modules and functionalities that allow manufacturing companies to scale and be more efficient. We review some of the key functionality for the best stock manageement ERP software below:
Accounting and Financials
Unify financials across your engineering firm to increase the financial control and identify issues proactively using an ERP system.
Ensure spend and budget compliance whilst maximising industries of scale and reducing lead times in your engineering ERP.
Plan your supply chain and manage your manufacturing process in one wholistic ERP system including bill of materials management and kits.
Modern ERP solutions include engineering or integration with best of breed PLM tools.
ERP systems for manufacturing allow for real time insights into inventory levels across your organization to drive efficiency.
Manage business assets with ERP for engineering to easily capitalise and monitor your assets.
Reporting and dashboards
Develop a single view of your engineering business in order to increase transparency, decision-making and ultimately drive results.
Automate expenses requisitions and approvals for your sales team or engineers within your ERP system.
Review your customer service history and provide better cross-selling, up-selling and post-sale customer support to help deliver products more accurately.
Track & plan sales pipeline, score leads, prospects and forecast opportunities in real-time across territories, accounts and teams.
Flexible ERP software that's built on an open and extensible foundation, allowing you to choose the features that suit your business needs.
Access your ERP data at any time so you're more available to customers and take advantage of unexpected opportunities as they surface.
ERP software for the manufacturing industry features all of the tailored solutions an organization needs to design, build and document their projects faster.
Updates and maintenance
Backed by the consistency of market-leading vendors, ERP software regularly updates to ensure an optimal user experience.
Connects customers, partners, and employees through real-time digital relationships to improve the way you do business.
ERP implementation is a longterm strategic partnership and vendors provide free unlimited technical support for clients.
Start Your ERP Journey With ERP Research
We help manufacturing firms to prepare for ERP change by guiding them through each stage of the process:
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Organize A Solution Demo 1-2 weeksDuring a demo, you will learn about how large corporations are making use of ERP software and how they are improving their business practices. Book A Demo
Build ERP Requirements 3-4 weeksIf you're looking to buy an Enterprise Resource Planning (ERP) system or upgrade your internal systems you will need a clear definition of all the functions, features and capabilities that you expect. You can approach this challenge by building what's called an ERP requirements document. Download ERP Requirements Template
Shortlist 4-8 Vendors 1 weekOne of the most important phases in the ERP project lifecycle is selecting the right software vendor. Ideally, you should shortlist 4-8 vendors - based on their credentials and your requirements. Contact Us To Shortlist Vendors
What is ERP for Inventory Management?
ERP for inventory management is enterprise resource planning software or systems which are specialised in providing functionality for product centric businesses that manage stock. For example, businesses in the retail, e-commerce or. wholesale & distribution businesses.
Inventory management ERP or stock management ERP provides robust functionality to manage your products, warehouses, racks, storage and concepts such as FIFO, RFID scanning and more.