5 Best Grocery Store Inventory Management Software (with Examples)
Finding the right grocery store inventory management software for your store can be like finding a needle in a haystack. There are so many options that it can be challenging to figure out where to start.
While several options on the market are available, they aren’t all made equal. Some platforms over-promise on their features, don’t provide enough support, or have unstable technology that can leave your store unable to checkout customers.
Deciding on the right inventory management software for your business is a core part of your business operations and processes, and it’s no small decision.
With 25 years of experience, we’re here to help you navigate the decision by showcasing five of the best options on the market.
How To Choose The Right Inventory Software
When choosing the right inventory software, you should have clear and defined business goals such as stock control, increasing efficiency, and reducing business costs.
Features are important to consider, as is an easy-to-follow user interface. It should also support integrations with tools or devices you use in your stores, such as deli scales or other scale scanner systems.
Modern grocery inventory management software includes several key features to help you best manage your inventory:
- Flexible inventory scanning
- Real-time data from your POS system
- Automatic stock replenishment
- Efficient shipment receiving
- Product sales reports
Using these functionalities helps streamline your inventory management. This means you spend less time worrying about stock levels and more on running your business.
We’ve curated a list of five of the best POS systems on the market. Each offers different modules and configurations to provide highly efficient inventory management, custom-tailored to your needs.
RORC is Dumac’s grocery store inventory software. One of the critical benefits of Dumac is their customizable reporting and intelligent archiving and data reporting.
Their cloud-based platform allows you to access your inventory management from one centralized location. Their software also allows for scale integrations, as well as ingredient management.
With ECRS, retailers can easily manage, track, restock, and analyze inventory on the sales floor or in the back office, all from one platform.
Their POS system, Catapult, delivers efficient inventory tracking, demand forecasting, and automated replenishment functions. They also offer a Universal Product Database, a free ECRS-hosted cloud service that can help you store hundreds of thousands of retail products.
NRS’s POS+ system provides hardware and software that work together to help you achieve your business goals. Their scanner equipment can be used to add items to your price book or keep track of inventory numbers.
Their POS system is very inventory-focused and has an easy-to-navigate user interface, including an inventory screen that lets you view stock levels and order as necessary. Their platform is excellent in helping you understand product trends that enable you to see which tracked items sell the fastest and allows you to choose where to focus your sales.
4. POS Nation
POS Nation is a robust POS system specializing in supermarkets and grocery stores. Their product reorder feature makes it incredibly easy to fulfill stock, as you can set thresholds for automatic ordering to make the process automated and easy.
Once your shipment arrives, the system automatically recalculates your inventory count. With auto invoicing, the invoice is automatically imported, and stock levels are updated, so all that’s left is to review and finalize.
Mobile inventory with integrated handheld devices keeps track of the automated inventory counts. Once synced back to the POS, the system will generate a discrepancy report to help you identify product counts that don’t match.
With real-time metrics, you’ll have complete visibility and control over your stock levels at all times, making POS Nation a top-tier option for inventory management.
3. IT Retail
Built by grocers, for grocers, IT Retail’s systems software is straightforward to navigate but incredibly powerful at the same time. With 25 years of experience in the business, their ability to support markets and grocery stores is unparalleled.
IT Retail provides best-in-market hardware and software solutions with extra flexibility due to our cloud-based network. You can manage grocery store performance and processes from anywhere that has access to the internet. IT Retail also offers an offline mode, so you can still confidently check out your customers if there are any connection issues. Strongest grocery-specific integration such as Instcart, Local Express, retailMetrix, SAP, Appcard, Imar, and more.
Our intuitive data reporting capabilities empower you to view store performance, and compare date ranges to understand performance trends and seasonality. Our POS system also calculates shrinkage based on items received and sold and previous inventory counts, and our low-stock feature helps you stay one step ahead of your shelves.
On top of it all, IT Retail offers 24/7 support for any questions or concerns, and their onboarding process is indicative of how much they care about your success as a business.
Example: Bradley’s Shurfine
Ex - Frank with Bradley’s Shurfine started using IT Retail’s POS system software for inventory management, and here’s what he had to say.
“With IT Retail software, we can generate a diverse range of detailed reports so we can see what items sell and don’t sell. IT Retail has helped our business in many dynamic ways but the most prominent change has been the improvement in our front-end efficiency, increasing our customer satisfaction and overall our bottom line.”
Your Grocery Store Inventory Software Matters
When choosing inventory management software, you have to consider your main challenges and what problems you’re looking to solve.
Inventory management is essential to your business operations, but it ties into several other critical processes like data and reporting, customer experience, and customer loyalty. An expansive database with customer tracking will make inventory order and restocking automated and efficient. The right POS system should offer you an innovative, adaptable, and easy-to-use solution.
IT Retail offers the most flexibility with a cloud-based network. Inventory management and numerous other POS features are readily available on your phone, allowing data analytics to be accessed and managed wherever, whenever.
Not only is IT Retail one of the best options on the market for inventory management, but it’s also one of the best full-scale POS systems that will help make managing your store an absolute breeze.
From product insight to revenue data to loyalty programs and one of the best checkout experiences available, IT Retail stands out amongst the crowd. It is the needle in the haystack you were looking for.
If you’re ready to transform your store's operations and better serve your local community, get in touch with our team for a demo of IT Retail.