The Saudi businesses in the year 2024 have a number of developed inventory management software with them that is equipped with certain specific features that may suit a particular industry whether big or small. The following is the list of the ten best inventory management software in Saudi Arabia and details of what they offer, their focus and reasons for the selection.
Top 10 Inventory Management Software:
Below are the top inventory software in Saudi Arabia that play a vital role in transforming the quality of management of stocks and their efficient use:
Zoho Inventory is an online solution for inventory management for businesses across small and medium scale. It offers a range of tools that are practical and easy to use, this is why Saudi Arabian small business like it. Another aspect of the Zoho Inventory is the multichannel selling that allows the businesses to get the orders from different channels and manage them in one place.
Key Features:
Multi-channel inventory management:
Synchronizes stock control across various outlets such as the internet and the traditional outlets.
Integration with leading e-commerce platforms:
Compatible with platforms such as Amazon, eBay, Shopify, and others, enabling a company to manage its inventory in the different selling channels.
Automated workflows and order management:
Some of the benefits that can be attributed to adopting integrated solutions include; It helps to automate some of the critical business processes like order processing, billing among others hence avoiding wastage of time and also minimizes on the chances of making mistakes.
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Real-time shipping rate comparison:
Offers current shipping prices for various carriers, which saves the business time to look for affordable shipping solutions.
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Detailed inventory reports and analytics:
Provides detailed reports on inventories, sales, and orders, enabling business entities to make good decisions.
Why Choose Zoho?
The software is easy to use and relatively cheap, which is suitable for SMEs in Saudi Arabia to implement the Zoho Inventory. This allows it to give the user an effective way to manage inventory without the bells and whistles of an extended ERP program.
Case Study:
A small cosmetics company in Jeddah based its operation on Zoho Inventory to track the inventory of its physical stores and online shops. Through linking with the Shopify software for e-commerce, the company was capable of managing the stock levels and enhance the order fulfilment rate by 40%.
SAP offers small and medium-sized companies an ideal solution with integrated modules for inventory, accounting, and customer relationship management or CRM. SAP Business One is however very effective for businesses in Saudi Arabia that requires a very strong solution.
Key Features:
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Real-time inventory visibility:
Enables organizations to have a real-time view of their inventory, which assists in the right buying and selling decisions.
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Automated inventory and stock tracking:
Automatically records the stock level thus decreasing the chances of errors as compared to manual recording of stock levels.
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Integration with procurement, sales, and financial management:
Enables the coordination with other business activities, which makes it possible to link all the processes in the business.
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Advanced reporting and analytics:
Offers detailed and robust data of the inventory performance to enable organizations to make better decisions based on the analytical data accumulated.
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Mobile access for on-the-go inventory management:
Enables users to monitor their stocks from the comfort of their homes or any place they deem fit, ease of use.
Why SAP Business One?
The following are some of the reasons why SAP Business One is the preferred solution:
SAP Business One is suitable for business organizations that require an integrated solution for their business processes. The inventory management solutions are strong enough for the growing businesses in the Saudi Arabia along with the other features related to the finance and customers.
Case Study:
A manufacturing company based in Dammam introduced SAP Business One in its business in a bid to help it manage its inventory and production. Consequently, the company was able to cut down its excess inventory by 25% through the use of real-time tracking as well as the well enhanced reporting system of the software.
Oracle NetSuite is an ERP software that operates in the cloud and offers strong abilities in inventory management. It is developed for the large scale businesses and growing organizations providing them the scale and adaptability which will help them to cope up with the complexities of their inventory management.
Key Features:
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Real-time inventory tracking and forecasting:
It also gives real-time information concerning the stock levels in the business and a proper forecast of the demand levels.
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Lot and serial number tracking:
The ability of identifying items by lot or serial number so that they can be traced and can meet requirements of industries.
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Multi-location inventory management:
Can easily be used in tracking stock inventories in different branches such as warehouses and other stores that the business may have in different regions.
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Automated procurement and order management:
Simplifies procurement and ordering functions so that there is less work to do and fewer opportunities for mistakes.
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Detailed analytics and reporting:
Gives overall analysis and detailed report of the inventory and its performance, enabling the business to make informed decisions.
Why Choose Oracle NetSuite?
Oracle NetSuite is ideal for companies with complicated inventory needs and those businesses that have many branches. The advanced features and cloud built of this software make it suitable for large enterprises in Saudi Arabia.
Case Study:
A big hypermarket in Jeddah selected Oracle NetSuite to address its need for inventory management on various outlets. The use of multi-location management and automated procurement of the software enabled the company to have a lead time reduction of 20% and stock availability.
The Software is designed for the medium to large organizations that are in search of an effective supply chain solution to even complex processes such as inventory control.
Key Features:
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Real-time inventory visibility across the supply chain:
Offers continuous monitoring of the availability of stock for use throughout the supply chain, enhancing efficiency of the stocks.
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Advanced demand forecasting and planning:
Uses Artificial Intelligence and machine learning to offer precise demand estimation, which helps businesses manage inventory supply much better.
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Integration with other Microsoft Dynamics 365 modules:
Integrates well with other Microsoft Dynamics modules giving a single solution to manage all business activities.
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Automated replenishment and procurement processes:
Eliminates many of the inconsistencies and time-consuming functions involved in reordering and procurement to guarantee that material and inventory levels are always adequate.
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AI-driven insights and analytics:
Uses artificial intelligence to give information and analysis of the inventory performance, enabling strategic decision-making among businesses.
Why Microsoft Dynamics?
Microsoft Dynamics Supply Chain Management is specifically useful for enterprise that need end to end supply chain management solution. Being part of the Microsoft Dynamics 365 suite, it can be a valuable tool for inventory management when combined and augmented by AI.
Case Study:
A large distribution company operating in Riyadh opted to use Microsoft Dynamics 365 Supply Chain Management to run its inventory. Some of the benefits that were realized include; The Company was able to cut its stock out rate by 15% through the use of the software demand forecast and artificial intelligence.
SowaanERP is one of the best and widely known Enterprise Resource Planning system, which is characterized by its modularity; that is, a company can select the components it needs for its functioning. Sowaan’s Inventory application is used often by businesses in Saudi Arabia because it can be easily applied and adapts to the business.
Key Features:
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Real-time inventory tracking:
Helps business organizations to monitor stock in real time and thereby minimize on cases of stock out or overstocking.
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Barcode scanning and batch management:
Saves time in the tracking of items through scanning of bar-code so as to avoid the chances of making mistakes when handling inventories.
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Automated stock replenishment:
Restocking of inventory is done automatically when it hits a particular level, guaranteeing that inventory is always optimum.
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Integration with e-commerce platforms:
It enriches the compatibility with diverse varieties of e-commerce platforms; therefore, it enhances the ability to handle online sales and inventory in one application.
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Comprehensive reporting and analytics:
Enables analysis of the performance of the inventories in order to help the business entities make informed decisions.
Why Choose Sowaan?
The ERP is designed in a modular way so that if a business does not need complex inventory management they can start with a basic package and expand as they feel that the company is ready for it, it is suitable for SMEs and big companies. In Saudi Arabia, where the companies are seeking for more flexible and more suitable solution, Sowaan Inventory may look more attractive.
Case Study:
A mid-sized electronics retailer in Riyadh was able to integrate Sowaan Inventory to its operations to deal with increasing inventory in multiple stores. The tracking ability of the software and the ability to automatically restock inventory lowered the stock outs by 30 percent and enhanced the level of satisfaction of the consumers in general.
Fishbowl Inventory is one of the most utilized inventory management solutions that are compatible with QuickBooks. It is developed for small and medium companies, where it provides a rich functionality for an affordable price.
Key Features:
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Multi-location inventory management:
Enables organizations to oversee stock in several branches, which is quite useful for organizations that have several outlets, such as several shops, or distribution centers.
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best inventory management software in Saudi Arabia
Saves time for following the items on the barcodes thus increasing the efficiency of handling inventory.
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Integration with QuickBooks:
Integrates easily with QuickBooks which enable the inventory and accounting related data in a business to be integrated.
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Automated reorder points and stock alerts:
Alerts the owners to buy products when their quantity is too low or too high, thus maintaining the best stock quantities at all times.
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Customizable inventory reports:
Enables the generation of personalized reports of the performance of inventories, thus assisting organizations in making sound decisions.
Why Choose Fishbowl?
If one is already using QuickBooks then Fishbowl Inventory is really a good product because it is integrated and has some really cool features for managing inventory. It is also relatively cheaper and easy to use hence has gained popularity among SMEs in Saudi Arabia.
Case Study:
A company operating in Saudi Arabia as a wholesale distributor was using Fishbowl Inventory to control the inventory across several facilities in Jeddah. The benefits of the software were the fact that the barcode scanning and automated reorder led to an increase of the order accuracy by 25% and also there were no stockouts.
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TradeGecko (now QuickBooks Commerce)
TradeGecko is now QuickBooks Commerce and is an inventory management tool in the cloud for small and medium businesses. Several of them assists in inventory control, order fulfillment and sales activity reporting.
Key Features:
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Centralized inventory management:
Enables one to track stock across various outlets whether online and physical stores.
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Integration with e-commerce platforms:
Holds compatibility with the most used e-commerce platforms like Shopify, Amazon or eBay, which enables businesses to maintain stock levels across multiple selling points.
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Automated order and fulfillment processes:
Enables quick processing of certain functions like order delivery and invoicing to be done without necessarily having to employ the services of an expert.
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Detailed inventory reports and analytics:
Provides detailed reports on the stock, sales and order history that can prove useful to the business.
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Multi-currency and multi-location support:
Caters for organizations that carry out their operations in different locations or in different currencies making it easier for them.
Why Choose QuickBooks Commerce?
QuickBooks Commerce is perfect for the SMEs looking for an easy to use yet effective inventory management software. That makes it an all-purpose solution for companies in Saudi Arabia: it is integrated with QuickBooks and e-commerce solutions.
Case Study:
A small apparel selling store based in Riyadh was using QuickBooks Commerce for organising its stock for physical and e-stores. By providing the capability for an integrated inventory and automated order processing, this software increased order accuracy by 30%, while lowering lead times.
Unleashed is an operationally excellent inventory management software for manufacturers, wholesalers, and distributors, available through Cloud. The software has a variety of tools which make it easier for organizations to control stocks in the most efficient and effective manner possible.
Key Features:
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Real-time inventory visibility:
Ensures timely and accurate information on the inventory making it easier to order for stocks and selling them.
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Batch and serial number tracking:
Allows for tracking of items at batch or serial number level for easy traceability and to meet the regulatory requirements of the industries.
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Multi-location inventory management:
It helps in the management of inventory across different branches; thus, beneficial for businesses with outlets in different regions such as warehouses and retail outlets.
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Advanced reporting and analytics:
Provides detailed and tailor-made reports and analysis of the inventory performance, so that trends are discovered and decisions based on the available information can be made.
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Integration with accounting and e-commerce platforms:
Integrates with most of the common accounting and e-commerce solutions which means that the users can easily transfer the inventory data to other programs.
Why Choose Unleashed?
Unleashed Software is perfect for companies that need effective inventory functionalities and real-time monitoring of inventory stock. Its cloud-based design and connectivity features make it suitable for manufacturers and wholesalers in the kingdom of Saudi Arabia.
Case Study:
The case involves a food and beverage distributor in Jeddah which implemented the use of Unleashed Software to control its inventory and stock in several warehouses. The visibility of the software in real-time and the batches also played a crucial role in cutting down the wastage by 15% and stock accuracy.
inFlow Inventory is a robust inventory tracking system meant for small businesses. It provides features that can help in the management of inventory, order, and sales that can be easily accessed.
Key Features:
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Centralized inventory management:
Enables business entities to handle stock throughout several points of sale, both online and offline.
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Barcode scanning and serial number tracking:
Saves time when it comes to tracking items through scanning bar codes thus reduces time when it comes to handling inventory.
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Automated reorder points and stock alerts
This automatically restocks the inventory when its levels are low, so as to maintain the best levels of stock available.
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Customizable inventory reports:
Offers the possibility to get specific and detailed reports regarding the performance of inventory and use it in decision-making.
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Integration with accounting and e-commerce platforms:
Works with most of the existing accounting and e-commerce solutions so that the inventory level can be updated in various systems.
Why choose inFlow?
All in all, inFlow Inventory is suitable for small businesses that want a powerful tool that will help manage inventory. Due to its relative cheapness and simple operation, the firm is suitable for SMEs in Saudi Arabia.
Case Study:
An electronics retailer with a limited number of stores in Dammam was able to use inFlow Inventory to control its stock. The efficiency of order fulfillment was enhanced by 20% due to the use of the barcode scanner as well as the automated reorder system decreased the number of stockouts.
Tradepoint 360 is a comprehensive ERP software that supports and covers inventory, accounts, CRM, and eCommerce. It is suitable for small to medium enterprises that require one package that covers all business processes.
Key Features:
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Real-time inventory visibility:
Offers a way of getting an actual view of the inventory status, and thus assists in decision making for purchase and sales.
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Automated inventory and stock tracking:
Automatically monitor the level of stock in the inventory so that there is no possibility of manual intervention leading to wrong figures.
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Integration with accounting, CRM, and e-commerce platforms:
It can easily interface with other business processes making it easier to link all the processes of the business.
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Advanced reporting and analytics:
Has detailed reports and analysis of the performance of the inventory which can be used by businesses to make informed decisions.
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Mobile access for on-the-go inventory management:
In a way it gives the user the ability to manage inventory from distance that is convenient to them.
Why Choose Tradepoint 360?
Tradepoint 360 is especially suitable for companies that require an all-in-one solution to deal with all their processes. Having the inventory management integrated with the accounting, CRM and e-commerce makes it a complete solution that is suitable for small and mid-sized businesses in Saudi Arabia.
Case Study:
One of the retail businesses in Riyadh used Tradepoint 360 for its inventory, sales, and customers. The real time tracking and the enhanced reporting system of the software assisted the company in minimizing its inventory inaccuracies by a quarter and cut down on unnecessary stock.
Conclusion
Selecting the right inventory management software is indeed a critical factor in making for organizations which want to get to the next level and be in a position to compete in the Saudi Arabia market which is ever changing. The 10 software solutions described in this post provide various features and tools that are aimed to address the needs of various enterprises and industries.