Top 10: Inventory Management Software

Inventory management is critical for manufacturers seeking to stay efficient and effective.

It can also be a useful tool to enhance operations, boosting productivity, improving logistics and streamlining the broader supply chain. 

With the rise of Industry 4.0, more manufacturers than ever are deploying software-driven solutions to elevate their inventory management. 

Here is our list of the top 10, shouting out the respective leaders that have helped make these solutions so impactful.

10. IFS Cloud

IFS Cloud enables manufacturers to improve supply chain visibility, streamline operations and integrate real-time data into production planning.

A comprehensive solution, IFS Cloud helps manufacturers improve responsiveness, optimise inventory and reduce waste.

Our shout out here goes to Antony Bourne, Senior Vice President at IFS Industries who has played a critical role in expanding IFS’s industries portfolio, particularly in enhancing cloud-based solutions for manufacturing industries.

Due to his work, IFS Cloud now provides manufacturers with a smoother and more adaptable approach to inventory in an ever-changing market.

9. Infor Cloudsuite Industrial

On the 9th spot of this weeks top 10 is Infor's Cloudsuite Industrial, a comprehensive inventory management tool that helps manufacturers enhance production, improve monitoring and make their supply chains more efficient. 

Packed with industry-specific capabilities, Cloudsuite Industrial is renowned for helping manufacturers reduce lead times and manage complex product configurations. 

Paul Schenck, VP of Product Management at Infor has played a critical role in driving the development of these features for manufacturers, helping them leverage data-driven insights, ensure cost-effective production and enhance customer satisfaction.

8. QuickBooks Enterprise

QuickBooks Enterprise is a robust inventory management solution that stands out for its simplification of complex accounting tasks, providing exceptional insight into both inventory and financial data. 

This is on top of its capacity to track resources, streamline order management and organise inventory. 

Our shout out here goes to Joe Preston, VP of Product & Design at Intuit QuickBooks who has shaped the company's innovation and improvement in this area, enabling them to meet the inventory demands of all manufacturers.

7. Epicor Kinetic

Epicor Kinetic is a comprehensive ERP solution that helps manufacturers optimise their production processes and manage inventory with precision.

From production schedules to material requirements, Epicor Kinetic helps manufacturers leverage real-time data to fuel superior decision making.

Vaibhav Vohra the President and Chief Technology and Product Officer at Epicor has had a profound impact on the company's suite of software solutions, including Epicor Kinetic. Driving product development and organisational growth, he continues to steer Epicor's future.

6. Plex Smart Manufacturing Platform

The Plex Smart Manufacturing Platform by Rockwell Automation connects manufacturers - providing greater visibility into inventory levels, production schedules and resource utilisation.

Rockwell Automation is a recognised manufacturing leader and Plex reflects its expertise in areas such as quality improvement and process optimisation. 

Spotlighted for this entry is Anthony Murphy, VP of Product Management at Plex who has been instrumental in developing Plex’s capabilities across real-time analytics and cloud-based operations, enhancing its use to manufacturers.

5. AutoStore

AutoStore is distinctive on this list for being a company primarily dedicated to automation and inventory management solutions. 

The company is an expert in reducing space requirements, improving warehouse efficiency and boosting order fulfillment accuracy, pioneering its ingenious cubic storage solution.

A special shout out goes to Israel Losada Salvador, Chief Operating Officer at AutoStore who has enhanced operations at the company, ensuring its adaptability and scalability to meet the needs of modern day manufacturers.

4. Fishbowl Inventory

Fishbowl Inventory is one of the most iconic inventory management solutions on the market. 

It offers manufacturers a suite of powerful tools to automate inventory control, manage order fulfilment and integrate with accounting systems.

Flexible and scalable, Fishbowl is capable of supporting manufacturers of all sizes, ensuring accuracy and effective tracking across complex supply chains. 

Here we must highlight the work of Simon Jupe, Managing Director of Fishbowl Inventory Asia Pacific, who has expanded the company's suite of solutions and broadened its global market reach through a strategic understanding of their user base and business goals.

3. Microsoft Dynamics 365

Microsoft Dynamics 365 provides manufacturers with an integrated approach to managing inventory, sales, production and customer service, all while leveraging AI-driven insights.

This cloud-based solution enhances decision-making, inventory optimisation and demand forecasting.

For entry number three we highlight the work of Nadia O'Keeffe, Chief of Staff at Microsoft's Strategic Missions & Technologies Division.

Expanding and enhancing Microsoft's long list of next-generation technology solutions, her dynamic leadership and use of specialised teams has had an impact on the growth of Microsoft Dynamics 365.

2. DelmiaWorks

DelmiaWorks is an advanced ERP solution that offers manufacturers enhanced visibility into their inventory, production processes and supply chain.

With powerful tools for managing materials, orders and resources, it helps manufacturers optimise operations and increase profitability.

DELMIAWorks began as IQMS EnterpriseIQ, an award-winning Manufacturing ERP software before it was acquired by software giant Dassault Systèmes.

The DELMIAWorks ERP System is tailored specifically to each manufacturers factory environment, making it a distinctively bespoke solution.

So much of this is thanks to DELMIAWorks's talented team, which includes Paul Ramos, Vice President of North American Professional Services at DELMIAWorks.

Driving software experimentation and innovation, Paul's oversight and management has provided the ideal environment for the solution's inventory management capabilities to grow.

1. Oracle NetSuite

You know what they say- there's no list of software solutions without Oracle. 

The company is highly rated in this area for a reason, as we at Manufacturing Digital will attest.

Like DELMIAWorks, Oracle NetSuite is a bespoke inventory management solution.

It provides an integrated cloud-based solution that helps manufacturers streamline their inventory, order management and financial operations.

With exceptional insights and visibility, Oracle NetSuite can improve demand planning, reduce excess stock and improve supply chain efficiency.

For our final shout out, we must acknowledge the work of Evan Goldberg, Founder and EVP of Oracle NetSuite.

As founder, his work and dedication made this innovative platform and solution happen, improving operations for millions of manufacturers. 

As EVP, he's led the expansion of NetSuite’s functionality for manufacturers, particularly its cloud-based inventory management features, ensuring they can scale operations, improve accuracy and make better strategic decisions using integrated data.

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