Inventory Management Software Development

Struggling with inefficient inventory optimization, lost goods, and demand variability? Partner with the best inventory management software development company to leverage AI for efficient predictive analysis, real-time goods tracking, and accurate demand forecasting for informed decision-making.

Inventory Management Software Development- Ideal Choice for Streamlined Logistics Operations

CAGR
$3.43Bn Market Size
Market Size
6.6% Market Growth Rate
Accurate Inventory Prediction
5✖ Accurate Inventory Prediction
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Evolving Market

  • 7.2% Growth Rate in USA
  • $5.7B AI Market Valuation in Industry
  • 25% Lower Inventory Cost
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Easy Funding

Syrup, an AI-powered inventory management platform raised a funding of $17.5 Million in its Series A funding round with the objective to expand its AI tools.

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Implemented by Brands

Inventory management systems play a core role in the seamless functioning of big brands like Amazon, Shopify, Adobe Commerce, and many more.

Inventory Management Development Services

Inefficient technological solutions lead to disrupted inventory management, disorganized warehouse optimization, and reduced human workforce productivity. Our suite of robust inventory management software development services enables industrial businesses to focus on each aspect of the supply process to steer profitability and enhance efficiency.

Inventory Management Software Development

  • We curate the inventory management tools that help with logistics tracking, organizing, and optimizing the inventory process. The NineHertz leverages industry 4.0 technologies to bring advanced capabilities into the solutions and provide a competitive edge to the client.
  • Custom Inventory Tracking System
  • Real-Time Inventory Monitoring Software
  • Multi-Warehouse Inventory Management Solution
  • Barcode and RFID-Based Inventory System
  • Inventory Forecasting and Reporting Tool

Inventory Aggregation & Synchronization Software

  • Centralize your inventory management process across multiple locations and platforms with our inventory synchronization software services. Our curated system brings a large amount of data onto a centralized platform to have a better analytical view of information in real time.
  • Centralized Inventory Data Platform
  • Automated Stock Consolidation Software
  • Multi-Channel Inventory Synchronization Tool
  • Real-Time Data Aggregation System
  • Cross-Platform Inventory Management Hub

SaaS-based Inventory Software Development

  • Build a SaaS-based inventory management solution, full of next-generation features like automated alerts, real-time monitoring, and multi-location tracking. Connect your stakeholders, offer transparent access to your inventory supply partners, and increase your brand loyalty.
  • Cloud-Based Inventory Dashboard
  • Scalable Inventory Management Platform
  • Subscription-Based Inventory Control System
  • SaaS API for Inventory Tracking
  • Remote Inventory Monitoring Solution

Inventory Management Software Integrations

  • We modernize your existing software solutions by integrating the capabilities of new inventory management systems, reducing the development cost significantly. By integrating ERP, CRM, and eCommerce platforms into inventory management tools, we enhance the data flow across the systems.
  • ERP Integration for Inventory Management
  • Accounting Software Inventory Module Integration
  • eCommerce Platform Inventory Sync
  • POS Integration for Real-Time Stock Updates
  • CRM Integration for Stock Visibility

Inventory Management Software Implementation

  • From initial consultation to final implementation, we are the best inventory management software development company that ensures the smooth transitions of manual operations into digital workflow, leading to higher accuracy and revenue. Our training services ensure that technological solutions deliver the expected benefits from the first day.
  • End-to-End Inventory System Deployment
  • Customized Workflow Implementation
  • Data Migration and Configuration Services
  • Post-Implementation Support Services
  • Staff Training for Inventory Software

Materials Requirements Planning (MRP) Software

  • Our MRP software development services are focused on helping with inventory management, production scheduling, procurement planning, and much more. The materials requirement planning helps optimize the inventory levels in the warehouse for efficient storage management.
  • Demand Planning and Forecasting Tool
  • Procurement and Vendor Management System
  • Supply Chain Optimization Software
  • Manufacturing Workflow Automation Software
  • Resource Allocation and Scheduling Tool

Top Inventory Management Software Development Company

Artificial intelligence is revolutionizing inventory management, enabling businesses to save 20-30% on operational costs by automating manual tasks. At The NineHertz, we leverage 15+ years of experience to assist businesses of all sizes to digitize their operations, lower operational costs, and multiply revenue with the least investment. By integrating AR/VR technology into the solution, we enable the stakeholders to have a better idea about the inventory stock levels, storage challenges, as well as originality verification which saves a lot of time. Partner now and secure your position as an industry leader.

Start Your Journey To Success

Develop A Robust Software

    Inventory Management Software Features We Build

    Our inventory management software solutions are equipped with AI-powered features that help in distribution management, freight management, and accurate predictive analysis.

    Inventory Control

    AI featured an inventory control function that handles the products available in the warehouse to optimize the supply chain. It categorizes the products by type, SKU, and location to generate real-time reports for decision-making.

    Inventory Tracking

    To facilitate seamless inventory control, we implement the goods tracking feature that automates the manual tasks. For example, it automatically generates the tracking ID as soon as a receipt or invoice for the product has been generated.

    Inventory Barcoding

    By facilitating the inventory barcoding feature, we eliminate the chances of data entry errors while automating the functions that require communication with other parts of the system. The features also bring the touchscreen signature and paperless invoice facility.

    Inventory Forecasting

    Our AI inventory system uses machine learning algorithms to forecast the inventory demand in a particular session. Analyzing the historical data and customer behavior helps in inventory optimization to avoid overstock or overstock.

    Inventory Data Backup

    To ensure the security of all inventory data, we offer the data backup feature in our inventory management system software. So, the information is always safe in case of hacking or breaching, and the operations continue without any disruption.

    Easy Integration

    We make advanced inventory management software solutions that can be easily integrated with existing solutions like warehouse management systems, supply chain management solutions, etc.

    Innovation.
    Our Approach to an
    Optimized Inventory

    The NineHertz is recognized by several tech marketplaces and industrial entities for its contribution to inventory management automation.

    1,300+

    projects
    delivered

    projects executed successfully

    100+

    industry
    sectors

    industry sectors industry sectors

    • Inventory Management software development

      Achievement in Customer Satisfaction 2023

    • Inventory management software development company

      America’s Fastest-growing Companies 2023

    • Inventory Management developers

      Top 100 Global Outsourcing Providers and Advisors 2023

    • Inventory Management development solutions

      Best IT Service Provider of the Year 2023

    Ready to hire the best Inventory Management Software Developers?

    Inventory Management software development

    Benefits of Having a Smart Inventory Management Solution

    More than 56% of organizations that don’t opt for inventory management software solutions have faced the challenges like unnecessary purchases, and increased maintenance costs. Investing in good inventory management tools helps to avoid these challenges while leveraging several other benefits.

    Cost Efficiency

    An inventory management system prevents overspending on logistics which is currently not required in the stock. Furthermore, it helps in reducing the costs of warehouse management and transportation.

    Process Transparency

    The absence of an inventory solution caused 32% of cloud spending wastage in 2023 across organizations. Our solution helps in imparting process transparency that provides access to real-time information to all relevant stakeholders.

    Data-Driven Decision Making

    The inventory management tool uses big data to analyze trends and steer information-driven decisions. By using the right set of analytics, data helps in optimizing the inventory lifecycle across the supply chain.

    Better Asset Management

    Asset management becomes significantly easier and more efficient with the right inventory management software solution. It helps the periodic maintenance of technical assets while avoiding the risk of unexpected failures.

    Legal Compliance

    Our Smart Inventory Management software ensures compliance with relevant industry standards and legal regulations. The software takes care of licensing agreements, industry-specific requirements, and data privacy laws.

    Competitive Advantages

    Businesses can leverage competitive advantages by quickly responding to market conditions, technological advancements, and customer demands. It helps to be proactive as per market emotions to grab the opportunities before competitors.

    Inventory Control Systems

    Our inventory control system helps maintain optimal stock levels with utmost accuracy. Our solutions are focused on preventing stockouts, reducing wastage, and ensuring efficient stock movement throughout the supply chain.

    Warehouse Management Integration

    Integrate your stock control software to existing warehouse management software to track goods and optimize storage. Automate your workflow to enhance efficiency while reducing operational costs.

    Multi-Location Inventory Management

    Our multi-location inventory management solution provides unified visibility into the stock and enables efficient storage allocation while synchronizing the inventories across all branches for better management.

    Supply Chain Visibility

    Get end-to-end visibility across your supply chain with modern inventory management solutions. Strengthen your relationship with suppliers, monitor inventory flow, and ensure the timely delivery of your logistics.

    Demand Forecasting

    Get our AI inventory management software solution and leverage machine learning algorithms to forecast inventory demand. Use accurate prediction to make stocking decisions, steer better management, and increase revenue.

    Order Management

    Smoothen your order management process while leveraging benefits like inventory updates, order tracking, customer notification, and increased accuracy of delivery estimation. Onboard our smart inventory solution to eliminate irregularities.

    Stock Valuation

    Analyze the value of your in-house inventory with AI-integrated software. Our solution facilitates various valuation methods like LIFO, FIFO, and weighted average that help in better financial reporting and planning.

    Inventory Optimization

    Optimize your inventory to eliminate the chances of overstocking or outstocking. Track your inventory turnover rates to meet the changing market demands accordingly.

    Mobile Inventory Solutions

    Get all data about your inventory on your mobile device to access information anytime, anywhere. Take information-driven decisions for enhanced flexibility and update records in real time.

    Integrating Inventory System to Existing Software Solutions

    We integrate the smart inventory management software solution into the organization’s existing systems to facilitate seamless data sharing and enhance overall efficiency. Our inventory management system when integrated into other solutions, increases productivity by 3 times.

    01

    SCM Inventory Management Software Solutions

    Our supply chain integrated inventory management solution provides end-to-end visibility across the procurement process for better decision-making. The solution also helps in inventory tracking, replenishment management, and demand forecasting of the inventory.

    02

    Warehouse Inventory Software Solutions

    With a blend of inventory and warehouse management systems, we help the businesses in logistics industry to facilitate storage management, space optimization, and inventory movement control, all in one place. It minimizes costs while enhancing the overall productivity.

    03

    Fleet Inventory Management Software Solutions

    The mixture of fleet management solutions in the inventory optimization system results in a better procurement of spare parts, efficiency in fleet tracking, and seamless manage the inventory location throughout the supply chain. It comes with features like automated stock replenishment and predictive analytics.

    04

    Retail Inventory Control Software Solutions

    Our retail inventory control software solutions are designed for multi-store inventory management, customer demand forecasting, and real-time stock updates. The seamless integration of our solutions into the POS system helps improve overall customer satisfaction while maintaining optimal stock levels.

    05

    Hospitality Inventory Management Software Solutions

    Streamline the inventory operations in your hospitality business with our full-fledged inventory management solutions that help manage food and beverage supplies, foster automated alerts, provide detailed reporting, and lead toward cost-efficient operations while ensuring waste reduction.

    06

    Medical Inventory Management Software Solutions

    Our inventory management solutions for medical supplies are compliant with the regulatory standards of the industry. We design medical stock control software to help manage medication availability, safe storage of equipment, and track the medicine expiration date in real time.

    07

    Mobile Inventory Management Software Solutions

    Offering more flexibility and easy access to overall inventory operations, our mobile solutions are curated for the business owners to manage the logistics process anytime, anywhere. The mobile solutions are equipped with a fully functional dashboard to access information and process tasks.

    Roadmap to Our Bespoke Inventory Management Software Development Services

    Each step of our inventory management system development process is optimized to achieve the best quality standards. We deploy agile project management methodology where each project phase is handled by development professionals.

    Step 01

    Ideation

    The brainstorming phase consists of understanding the project scope, assigning roles, determining costs, predicting timelines, and having one-to-one conversations with the client.

    01/06
    Step 02

    Market Research

    Before initiating, we conduct in-depth market research to identify competitors, audiences’ expectations, current gaps, and opportunities to build an advanced and effective solution.

    02/06
    Step 03

    Prototype

    The NineHertz craft design prototype of the solution and deliver it to stakeholders. The prototype provides the complete idea about design, navigation, themes, and features.

    03/06
    Step 04

    Development

    After the prototype, our development team uses the best technology stack to craft a solution with strong architecture. Third-party integration, payment gateway, and backend development are ensured at this phase.

    04/06
    Step 05

    Quality Analysis

    We have a robust testing team that conducts a series of tests like speed testing, manual testing, automated testing, functionality testing, etc. to ensure the best quality.

    05/06
    Step 06

    Deployment

    Once the bugs have been removed and the software matches the client’s expectations, we deploy the inventory management system to respective marketplaces.

    06/06

    Key Highlights of Our Inventory Management Software Development

    ISO 9001 CERTIFIED NASSCOM & STPI ACCREDITATION

    • 800+

      Projects Launched

    • 16+

      Years of Experience

    • 575+

      Dedicated Dedicated Developers

    • 92%

      Client Retention

    The NineHertz in Limelight

    Our commitment to innovation and automated inventory management has earned us recognition as a standout in prestigious technology marketplaces.

    Tailored Engagement Models to Meet Your Inventory Management Software Development Needs

    The NineHertz facilitates flexible collaboration models for its clients to make software development services affordable for all. Our engagement models are curated according to different project scopes and requirements.

    Dedicated Team

    Dedicated Team

    Hire our dedicated team of experts that works solely on your project, under your minute guidance. Ideal hiring model for long-term and complex development projects.

    Fixed Priced Model

    Fixed Priced Model

    Get your stock control system developed in your proposed budget bracket. We deploy this model for the project with a definite scope and the least changes requirements.

    Time and Material

    Hourly basis

    Hire inventory management software developers on an hourly basis and pay only for the time they spend working on your project. This model is suitable for projects with flexible requirements.

    Staff Augmentation Model

    Hybrid Model

    Curated specifically for the post-maintenance IT support, you only have to pay us when you call for a development team. Get instant support without burdening your pocket.

    Project Outsourcing

    Project Outsourcing

    Hire the best inventory management software development company for your project and stay relaxed from all the management tasks. Ideal for all kinds of software development projects.

    Our Inventory Management Software Development Projects

    The NineHertz is partnered with logistics companies worldwide and has helped them streamline processes with our bespoke AI inventory management solutions.

    Inventory Management Software for a Food Distribution Company

    To help with real-time tracking of stock levels, streamlined supply chain operations, and minimized spoilage, we crafted a smart inventory management solution for a food distribution company.

    Country Canada Canada
    Platforms Web and Mobile

    Features:

    • Batch and Lot Management
    • Expiry Date Tracking
    • Cold Storage Integration
    • Reporting and Analytics
    • Demand Forecasting
    Inventory Management Software for a Food Distribution Company

    AI Inventory Tracking Solution for an Automotive Parts Supplier

    We have curated an advanced tracking solution to enhance inventory accuracy, enable faster order processing, and reduce overstocking for automotive part suppliers in London.

    Country United Kingdom United Kingdom
    Platforms Web

    Features:

    • Real-Time Inventory Monitoring
    • Serial Number Tracking
    • Integration with ERP
    • Supplier Collaboration
    • Order and Return Management
    AI Inventory Tracking Solution for an Automotive Parts Supplier

    Inventory Management Software for Multi-Channel Retailer

    We are the technological partner of a multi-channel retailer in the USA. We have helped the brand reduce stock discrepancies, optimize order fulfillment, and enable real-time tracking with innovative solutions.

    Country United States United States
    Platforms Web and Mobile

    Features:

    • Multi-Warehouse Integration
    • Real-Time Stock Updates
    • Inventory Analytics
    • Automated Reordering
    • Barcode and RFID Scanning
    Inventory Management Software for Multi-Channel Retailer

    Pioneering the Future of Inventory Management With Our Smart Software Solutions

    Apart from development experience and technology 4.0 integration, our various other core competencies make us the preferred choice of many brands worldwide.

    Extensive Experience

    Extensive Experience

    The NineHertz carries 16+ years of software development experience which enables us to ensure the best quality outcomes while mitigating the development challenges.

    Free Consultation

    We offer a free consultation session to our clients to brainstorm about the project scope, resource requirements, budget, and timeline. The session helps in informed decision-making and leads to better outcomes

    Custom Solutions

    Our solutions are highly personalized as per the customized needs of different-sized businesses. We provide custom development services to ensure clients pay only for what they need.

    Non-Disclosure Agreement

    The NineHertz believes in data confidentiality which keeps the NDA process at the center of our development approach. All the client and project information is kept safe between the stakeholders.

    Non-Disclosure Agreement
    Cost Efficiency

    Cost Efficiency

    Our years of experience in inventory management software development services enable us to provide cost-efficient solutions without compromising the overall project quality.

    On-Time Completion

    We deliver the final version of the inventory management system on or before the project deadline. The system is always deployed along with the training programs on the pre-defined schedule.

    High-quality Product

    We promise the best quality software development service with all types of hiring models. Each phase is monitored by the relevant experts to ensure the best quality development.

    High-quality Product

    AI-Powered Inventory Systems Built for Diverse Industry Range

    Our inventory management industrial solutions have increased stock efficiency by 3✖ across businesses from different niches. We develop customized inventory management software solutions for companies with a varied range of logistics.

    E-commerce and Retail

    Our inventory software in the e-commerce and retail industry help optimize inventory turnover, facilitate real-time tracking of products, and reduce the chances of stockouts. The AI-integrated smart solutions help in better order fulfillment and lead to customer satisfaction.

    • SKU Management Solutions
    • Order Fulfillment Software
    • Demand Forecasting Systems
    • Real-Time Stock Tracking
    • Multi-Channel Inventory Sync Tools
    E-commerce

    Manufacturing

    We build customized inventory management software solutions for the manufacturing industry which helps increase production efficiency with predictive analysis. Also, it automates tasks like reordering, and material monitoring, and minimizes production downtimes.

    • Raw Material Inventory Management
    • Just-In-Time (JIT) Inventory Systems
    • Production Line Stock Monitoring
    • Inventory Cost Optimization Software
    • Work-in-Progress (WIP) Tracking Tools
    Manufacturing

    Healthcare and Pharmaceuticals

    Rest assured with regulatory compliance, and stock management expiration optimization with our robust inventory management system development services. Keep the complete track of your medical supplies, equipment, medications, and much more.

    • Expiry Date Tracking Solutions
    • Batch and Lot Tracking Systems
    • Medical Supply Chain Management Software
    • Compliance and Regulatory Management Systems
    • Cold Chain Inventory Monitoring Tools
    Healthcare and Pharmaceuticals

    Automotive and Transportation

    Access real-time insights into stock availability to reduce overstocking and facilitate a better inventory cycle. Our AI inventory management solutions help better manage automobile parts and leverage real-time tracking.

    • Spare Parts Inventory Management
    • Warehouse Stocking Systems
    • Fleet Maintenance Stock Solutions
    • Inventory Reordering Automation
    • Component Tracking Tools
    Automotive and Transportation

    Food and Beverage

    Our inventory management system crafted for the food and beverages business assists in reducing spoilage chances, ensuring timely replenishments, and managing perishable goods items more effectively.

    • Perishable Goods Inventory Systems
    • Cold Storage Monitoring Solutions
    • Batch Tracking and Recall Management
    • FIFO/FEFO Stock Rotation Software
    • Recipe and Ingredient Tracking Tools
    Food and Beverage

    Optimize Your Inventory Management Today!

    Take Control of Your Stock – Get Started Now!

    Appointment Solution

    What Client Says

    With promising project quality and commitment to innovation, we have constantly maintained a significant client retention rate.

    Christopher Graham
    We have been working with The NineHertz for our MVP Launch project for more than 3 years. The Project was delivered in less than a year and completed all the discussed competencies and features. Our application received marked thousands of downloads within a few months post-deployment. The experience with The NineHertz has really been fantastic. Their communication and response allowed me to have keen control over my project and foster perfection in every development phase. Thanks to their professionalism and quality service, we are now engaged as a long-term digital support partner for our MVP and the organization’s online presence platforms.
    Christopher Graham

    Christopher Graham

    Co-Founder / CEO – Chilling Inc.

    Roosevelt Bowman
    I worked with The NineHertz for my development project with little or no software development experience. Their expertise and excellence in UI designing and core development have really brought my idea to life. The communication was so great that I never felt something going out of track. The project was delivered at the very time. The development team, sales team, and testing team have been well-responsive to providing project and deliverable updates frequently. Looking forward to working with them on version 2.0.
    Roosevelt-Bowman

    Roosevelt Bowman

    CEO of Career Accelerator

    Jade Punski
    The dedication that The NineHertz team exhibited during the project is really remarkable. The graphic designer at the company was really able to bring my thinking to life with their creative designs. Having deployed my application, I still receive appreciation from my users for the seamless, and informative user interface. The team does share a lot of suggestions that helped me make better decisions. All the deliverables were achieved on time. I will really suggest The NineHertz to anyone looking for a digital software development partner.
    Jade Punski

    Jade Punski

    Co-founder/CEO – Dog Park

    Frequently Asked Questions

    Let’s answer some of the basic questions related to Inventory Software Development

    Custom inventory management software development talks about the process of designing and curating personalized solutions that meet the diverse inventory needs of a business. The custom solutions are developed from scratch in which all the features, designs, and navigations are imparted as per the personal preferences of the brands. Customization is done according to the industry, processes, and workflow of the particular business.

    Inventory management software can help your business in several ways. First of all, it increases the accuracy of stock tracking while minimizing errors, which leads to better decision-making. Further, it saves on operational costs by preventing stockouts or overstocking. The inventory management system is designed to assess real-time data to make instant and right decisions across the business. Scalability of business becomes easier with the right inventory management software solution.

    Generally it costs anywhere between $30,000 to $300,000 to build an inventory management software. The exact cost of software development is influenced by a range of factors as multiple stakeholders are contributing toward the process. The components affecting the cost of development are project complexity, number and types of features, location of the development team, timeline of the project, and much more.

    You can contact our consultation team to start with inventory management software development. After connecting to our experts, you can convey your requirements, consult with the professionals, select features or functionalities that you need, choose the right platform as per your business needs, and get a cost-efficient quotation for your project. Also, you can choose the flexible hiring model to make the project more pocket-friendly.

    Yes, inventory management software is highly scalable as your business grows. You can analyze large amounts of data about inventory or clients for better decision-making. At the same time, the artificial intelligence integrated into chatbots helps you provide 24*7 client support and enhance their experience with your brand. Further, it is very easy to add new warehouses, sales channels, and product lines to your existing inventory management software solution.

    Your inventory data is highly secure with our bespoke inventory management software development services. We ensure the data encryption practices during the development process that protect information during transmission and storage. At the same time, we use an access control technique that restricts unauthorized people from accessing confidential data. Our solutions consist the regular updates that protect the system from new emerging threats. Robust security measures like backup protocols and multi-factor authentications make our solutions even safer.

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