INVENTORY MANAGEMENT SOFTWARE - saimgs.com · APRIL 2017 6 Inventory Management software is a...

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INVENTORY MANAGEMENT SOFTWAREApril 2017

CONTENTS46

Introduction

Defining Inventory Management Software

The Quadrant

Inventory Management FrontRunners Index

Runners Up

Methodology Basics

8

3135

7

FRONTRUNNERS9 Fishbowl

10 VendHQ

11 HandiFox

12 Cin7

13 SkuVault

14 Acctivate

15 Microsoft Dynamics 365

16 LightspeedRetail

17 Microsoft Dynamics GP

18 SKULabs

19 Finale Inventory

20 MicroBiz Cloud POS

21 ReveliPadPOS

22 Aralco

23 Microsoft Dynamics NAV

24 Megaventory

25 NCRCounterpoint

26 Veeqo

27 WaspInventoryControl

28 eTurns

29 DEARInventory

30 SIMMSInventoryManagement

4A P R I L 2 0 1 7

INTRODUCTION

This FrontRunners analysis is a data-driven assessment identifying products in the Inventory

Management market that offer the best capability and value for small businesses. For a given market, products are evaluated and given a score for the capability (x-axis) and value (y-axis) they bring to users. FrontRunners then plots the top 25-30 products in a quadrant format.

In the Inventory Management FrontRunners graphic, the Capability axis starts at 2.90 and ends at 4.30, while the Value axis starts at 2.60 and ends at 4.40. To be considered for the Inventory Management FrontRunners, a product needed a minimum of 10 user reviews, a minimum capability user rating score of 3.3 and a minimum value user rating score of 3.3. In most cases, we evaluate hundreds of products and feature 20-25 as FrontRunners; all products that qualify as FrontRunners are top performing products in their market.

http://www.softwareadvice.com/inventory-management/#top-products

I N T R O D U C T I O N

5A P R I L 2 0 1 7

Each product falls within a designated quadrant based on their axis scores. Dependent on the specific needs of the software buyer, a product placed in any quadrant category could be a good fit.

QUADRANT CATEGORIES:

» UpperRight=Leaders: Leaders are all-around strong products. They offer a wide range of functionality to a wide range of customers. These products are considered highly valuable by customers.

» UpperLeft=Masters: Masters may focus more heavily on certain key features or market segments than Leaders do. If you need a more specialized set of functionality without bells and whistles, then a product in the Masters quadrant might be right for you.

» LowerRight=Pacesetters: Pacesetters may offer a strong set of features, but are not rated as highly on value. For example, a Pacesetter might offer greater functionality, but cost more.

» LowerLeft=Contenders: Contenders may focus on a more specialized set of capabilities that are priced at a higher point. This makes them ideal for companies willing to pay more for specific features that meet their unique needs.

6A P R I L 2 0 1 7

InventoryManagementsoftwareis a digital framework for a perpetual inventory system, in

which quantities are continuously updated in real time across multiple physical and digital channels (brick-and-mortar stores, e-commerce platforms etc.). These software systems also provide support for inventory auditing procedures such as cycle counts. Software Advice’s FrontRunners quadrant is focused on the North American Inventory Management software market. We identify this set of core capabilities for the Inventory Management software category: inventory control and inventoryauditing, as well as at least one of the following: barcoding/RFID/electronicscanning,ordermanagement, lot traceability and/or productcategorization.

In addition, we identify several related features that organizations purchasing Inventory Management software may also need or wish to consider: sales / purchase orders, demand forecasting, reporting and analysis, vendor-managed inventory, cost tracking, custom pricing models, kitting, reorder management, serialized inventory tracking, shipping management, supplier management, transfer management and warehouse management.

DEFINING INVENTORY MANAGEMENT SOFTWARE

7A P R I L 2 0 1 7

THE QUADRANT

Masters Leaders

Contenders PacesettersCapability Score

Valu

e Sc

ore

Aralco

FishbowlMicrosoft Dynamics GP Microsoft Dynamics 365

Acctivate

SkuVault

LightspeedRetail

Cin7

Revel

SKULabs

Finale Inventory

Microsoft Dynamics NAV

Megaventory

Wasp Inventory ControlMicroBiz Cloud POS

NCR Counterpoint

VendHQ

SIMMS Inventory ManagementDEAR Inventory

VeeqoeTurns

HandiFox

All products that qualify as FrontRunners are top performing

products in their market.

8A P R I L 2 0 1 7

INVENTORY MANAGEMENT FRONTRUNNERS INDEX

9 Fishbowl

10 VendHQ

11 HandiFox

12 Cin7

13 SkuVault

14 Acctivate

15 Microsoft Dynamics 365

16 LightspeedRetail

17 Microsoft Dynamics GP

18 SKULabs

19 Finale Inventory

20 MicroBiz Cloud POS

21 ReveliPadPOS

22 Aralco

23 Microsoft Dynamics NAV

24 Megaventory

25 NCRCounterpoint

26 Veeqo

27 WaspInventoryControl

28 eTurns

29 DEARInventory

30 SIMMSInventoryManagement

9

The scores below are based on numeric value between 1 and 5.

CAPABILITY VALUE

Capability User Rating Value User Rating

Functionality Breadth Adoption Score

Features Customer Base

Integrations Reviews Volume

Confidence Score Google Searches

Customer Base Skills Base

Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDFISHBOWL

QUADRANT PLACEMENT: LEADERS

3.99 4.32

4.06 4.05

4.60 4.58

4.30 4.50

4.90 5.00

3.25 4.50

4.50 4.50

3.50

2.00

3.00

10


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDVENDHQ


3.86 4.09

4.26 4.36

3.50 3.83

3.10 3.90

3.90 3.70

3.43 4.10

3.90 3.70

3.70

3.50

2.60

11


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDHANDIFOX


3.64 4.08

4.54 4.53

1.50 3.63

2.00 4.30

1.00 3.00

4.00 1.60

4.30 4.30

4.30

3.90

3.50

12


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDCIN7


3.86 3.84

4.37 4.39

2.85 3.28

2.00 3.00

3.70 4.70

3.85 3.00

3.00 3.00

3.30

5.00

4.10

13


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDSKUVAULT

QUADRANT PLACEMENT: PACESETTERS

4.28 3.42

4.85 4.63

4.05 2.20

3.10 2.80

5.00 1.00

3.35 1.00

2.80 2.80

3.00

4.10

3.50

14


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDACCTIVATE


3.70 3.92

4.26 4.30

3.80 3.53

5.00 3.30

2.60 4.10

2.48 3.90

3.30 3.30

2.60

1.80

2.20

15


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDMICROSOFT DYNAMICS 365

QUADRANT PLACEMENT: MASTERS

3.46 4.14

3.76 3.76

3.05 4.53

4.30 4.70

1.80 3.30

3.25 4.70

4.70 4.90

4.70

2.60

1.00

16


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDLIGHTSPEED RETAIL


3.34 3.95

3.89 3.76

2.10 4.13

1.20 3.70

3.00 4.90

3.50 4.30

3.70 4.10

3.90

3.10

3.30

17


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDMICROSOFT DYNAMICS GP


3.01 4.17

3.69 3.75

1.60 4.60

1.40 4.90

1.80 3.50

3.05 4.90

4.90 4.70

4.70

1.60

1.00

18


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDSKULABS


4.08 3.07

4.82 4.91

3.80 1.23

3.10 1.40

4.50 1.60

2.90 1.00

1.40 1.00

1.40

4.30

4.50

19


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDFINALE INVENTORY


3.95 3.19

4.49 4.67

3.90 1.72

3.10 1.40

4.70 3.90

2.90 1.60

1.40 1.00

1.40

4.30

4.50

20


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDMICROBIZ CLOUD POS


3.61 3.43

4.67 4.76

1.90 2.10

2.00 2.20

1.80 2.20

3.20 1.60

2.20 2.20

2.40

3.30

4.90

21


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

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FRONTRUNNERS SCORECARDREVEL IPAD POS


3.64 3.39

3.52 3.46

4.10 3.32

4.30 3.10

3.90 4.50

3.43 3.00

3.10 3.10

4.10

3.70

2.80

22


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDARALCO

QUADRANT PLACEMENT: CONTENDERS

3.58 3.44

4.77 4.89

2.65 2.00

2.00 2.40

3.30 1.00

2.13 1.00

2.40 2.60

2.00

1.00

3.10

23


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDMICROSOFT DYNAMICS NAV


2.95 4.07

3.36 3.50

1.90 4.63

2.00 5.00

1.80 2.80

3.18 5.00

5.00 5.00

4.70

2.00

1.00

24


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDMEGAVENTORY


3.53 3.46

4.40 4.47

3.05 2.45

3.10 2.60

3.00 3.10

2.25 1.60

2.60 2.40

1.80

3.00

1.60

25


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDNCR COUNTERPOINT


3.16 3.75

3.71 3.65

1.50 3.85

2.00 4.10

1.00 4.10

3.73 3.00

4.10 3.90

4.50

2.80

3.50

26


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDVEEQO


3.60 3.16

4.52 4.58

2.15 1.73

1.00 1.40

3.30 2.40

3.20 1.60

1.40 1.80

2.80

4.30

4.30

27


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDWASP INVENTORY CONTROL


2.96 3.68

3.84 4.01

1.40 3.35

1.80 3.50

1.00 2.60

2.75 3.50

3.50 3.50

3.10

2.00

2.40

28


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDETURNS


3.35 3.13

4.48 4.36

2.10 1.90

1.40 1.40

2.80 2.00

2.33 2.60

1.40 2.00

2.00

4.30

1.60

29


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARDDEAR INVENTORY


3.41 2.82

4.05 4.22

3.50 1.42

3.10 1.00

3.90 1.00

2.05 3.50

1.00 1.00

1.20

1.00

5.00

30


CAPABILITY VALUE







Employee Base

Customer Growth

Employee Growth

A P R I L 2 0 1 7

FRONTRUNNERS SCORECARD

SIMMS INVENTORY MANAGEMENT


3.03 2.65

4.00 3.91

2.95 1.40

4.90 1.00

1.00 1.80

1.15 2.60

1.00 1.00

1.00

1.00

1.60

31A P R I L 2 0 1 7

ProviderslistedasRunnersUpwere considered for inclusion in the quadrant, but were ultimately

not included for one or more reasons: they did not have enough reviews; they did not meet the reviews score minimum; they did not meet the ultimate Value and Capability minimum scores; or they did not meet our functionality requirements for the market.

RUNNERS UP

3PLink

4Psite

ABC Inventory

AccellosOneEnterprise3PL

AccellosOne WMS

AccountMate

AcTouch.com

Adaco.NET

AdvancePro

Aestiva Purchase Order

Agiliron

Akti

AMT

Aplicor3C

ArbiMed Inventory

Ariba Commerce Cloud

ATEC-WM

AtlasPlanningSuite

AutoFluent

Avangate

BarCloud Online Inventory

Barcode Maker for Mac

BarTender

Basic Inventory Control Online

BigStore

Bindo POS

BizAutomation

BizSlate

BrandOrder

BrightSuite

Brightpearl

Brilliant WMS

C-Store Office

Cadence WMS

Carta

32A P R I L 2 0 1 7

RUNNERS UP

CaseBlocks

CellSmart POS

ChannelAdvisor

ChannelApe

ChannelSale

Channergy

CheckMate by Dynamic Systems

Ciiva

ClearSpider

CommerceManagementPlatform

ConsignCloud

Contalog

CoreCommerce

CoreIMS

CORESense

Costpoint7

CS-Cart

CybexEnterpriseRetailSuite

DaVinciSupplyChainBusiness Suite

DealersLink

DistributionPlus

Dynamic Inventory

EazyStock

ecomdash

eJeeva Commerce

EMERGEApp

EnterpriseWMS

eRequester

ERPAG

erplain

ERPLY

eVanik OneWorld Suite

EZOfficeInventory

Flowtrac

Freestyle Solutions

GiftLogic

GoECart 360

GOIS Pro

GroovePacker

HAL Warehouse ManagementSystem

Hardcat

HighLine

INFIN

inFlow Inventory

Infor SCM

InstaSupply

IntelliTrack StratusVMI

IntelliTrack WMS

Inventory Pro

InventoryTrack

IRMSWarehouseManagement

iTracker 3PL WMS

33A P R I L 2 0 1 7

Jazva

JDA Software

KashFlow

KiboOrderManagementSystem

kintone

KORONA

LA WMS

LaceUpMobileInvoicing

LaserQuote

Linnworks

LivePOS

LogFireCloudWMS

Magento

MaitreD POS

Marketman

Mars Inventory Workstation

MultiFlexRMS

NetSuite Inventory Management

Now Commerce

NuOrder

OASIS by IntelliTek

Odoo Inventory

OfficeBooks

ONE UP

OptimiserWMS

Oracle E-Business Suite

Oracle SCM Cloud

Ordant

Orderbot

OrderCircle

OrderHarmony

Orderhive

OrderWise

ordoro

PackManager

PassportInventory

Pinnacle Cart

Precoro

Primaseller

RadleyInventoryControl

rapidor

REACSInventoryOptimization

RestockPro

retailcloud

RetailOps

RFPathwaysWMS

RICSSoftware

Routeique

SalesBinder

SalesPad GP

SalesWarp

Sana Commerce

SAP Distribution

RUNNERS UP

34A P R I L 2 0 1 7

RUNNERS UP

SAPSupplyChainManagement

Sapenta-OperationsManagement

Savant Warehouse Management

Sellbrite

SellerActive Inventory Management

SellerCloud

SellerExpress

SellerVantage

Sellsy

ShopKeep

ShoppingCartElite

Shopseen

SimpleConsign

Skubana

SlingshotEnterpriseBusiness Suite

SmartField

Snapfulfil

Solid Commerce

Sonic Fusion

SphereWMS

Statii

Stitch Labs

Stock&Buy

StratusISRP

SupportSync

SynapseWMS

SynergySuite

TECSYSDistributionManagement

TigerpawSoftware

Tofino

TPSynergy

TradeGecko

Tranquil

TrueERP

Unicommerce

UnifybyWebgility

Unleashed

VeraCore Fulfillment Solution

ViewPointLogistics

VineRetail

VISCO

Visual Inventory Control

WaerLinx

Web Suite Pro

WebCheckout

Windward System Five

WooCommerce

Xero

Zenventory

ZhenHub

ZingCheckout

Zoho Inventory

35A P R I L 2 0 1 7

The FrontRunnersmethodology assesses and calculates a score for products on two primary

dimensions: Capability on the x-axis and Value on the y-axis.

THE CAPABILITY SCORE IS AN OVERALL WEIGHTED AVERAGE OF SCORES INCLUDING:

» End-user ratings of one to five stars on the product’s functionality.

» End-user ratings of one to five stars on the product’s ease of use.

» End-user ratings of one to five stars on the product’s customer support.

» A score, relative to other products in the market, for the product’s inclusion of key functionality for the software category.

» A score, relative to other products in the market, representing the number of other products that integrate with it.

METHODOLOGY BASICS

http://www.softwareadvice.com/frontrunners-methodology/

M E T H O D O L O G Y B A S I C S

36A P R I L 2 0 1 7

THE VALUE SCORE IS AN OVERALL WEIGHTED AVERAGE OF SCORES INCLUDING:

» End-user ratings of one to five stars on overall satisfaction with the product.

» End-user ratings of one to five stars on how valuable users consider the product to be relative to its price.

» End-user ratings of one to five stars on how likely they are to recommend the product to others.

» A score, relative to other products in the market, for the size of the product’s customer base.

» A score, relative to other products in the market, for the number of professionals in the market who have experience with the product (e.g., users, developers, administrators).

» A score, relative to other products in the market, representing the total number of user reviews across the three Gartner web properties.

» A score, relative to other products in the market, representing the average number of times per month internet users search for the product on Google.

M E T H O D O L O G Y B A S I C S

37A P R I L 2 0 1 7

Markets are defined by a core set of functionality, and products considered for, and included in, FrontRunners must offer that core set of functionality. Additional related functionality can contribute to the capability score for a product. To qualify for consideration in a FrontRunners quadrant, a product must have a minimum number of unique, user-submitted product reviews across the three Gartner Digital Markets web properties: softwareadvice.com, capterra.com and getapp.com. The minimum number of reviews required per product may differ by category, but will generally be between 10 and 20 unique reviews.

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