{"id":26434,"date":"2023-09-18T11:49:15","date_gmt":"2023-09-18T15:49:15","guid":{"rendered":"https:\/\/www.method.me\/?p=26434"},"modified":"2026-05-21T14:30:07","modified_gmt":"2026-05-21T18:30:07","slug":"manufacturing-inventory-management-system","status":"publish","type":"post","link":"https:\/\/www.method.me\/blog\/manufacturing-inventory-management-system\/","title":{"rendered":"What to look for in a manufacturing inventory management system"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Inventory management is one of the most complex parts of running a manufacturing operation, and the challenge grows as your business scales. Excess stock ties up capital; shortfalls delay production. Without the right system, both happen more often than they should. A <a href=\"https:\/\/www.method.me\/industries\/manufacturing-crm-software\/\">manufacturing <\/a>inventory management system brings structure to the process, from raw materials to finished goods. This guide covers the different types of inventory, key challenges, and the top seven software solutions to consider.<\/p>\n\n\n\n<div class=\"wp-block-group has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"background-color:#EBF5FC;border-radius:8px;border-left:4px solid #0170B9;padding-top:20px;padding-bottom:20px;padding-left:24px;padding-right:24px;\"><div class=\"wp-block-group__inner-container\">\n\n\n<p class=\"wp-block-paragraph\" style=\"font-weight:700;font-size:14px;letter-spacing:2px;color:#0170B9;\">TL;DR<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Manufacturing inventory spans five types: raw materials, work-in-progress (WIP), finished goods, non-inventory items, and goods in transit, each requiring different tracking approaches.<\/li>\n<li>Common challenges include inaccurate demand forecasting, shrinkage, complex supply chains, inventory valuation decisions, human error, and regulatory compliance.<\/li>\n<li>An effective system should offer real-time tracking, intuitive reporting, and the ability to scale as your business grows.<\/li>\n<li>Top software options reviewed in this guide include SOS Inventory, Fishbowl, NetSuite, Katana, Deskera, Striven, Aquilon ERP, and Method, each with different strengths and price points.<\/li>\n<li>Choosing the right inventory system reduces waste, prevents stockouts, and gives your team accurate data to plan production and meet customer demand.<\/li>\n<\/ul>\n\n\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-manufacturing-inventory-management\">What is manufacturing inventory management?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Manufacturing inventory management is the process of sourcing, storing, and selling inventory in the manufacturing sector.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It encompasses everything from tracking raw materials to monitoring finished products, ensuring a smooth process that meets customer demands.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With a manufacturing inventory management system, you:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Speed up your inventory processes.<\/li>\n\n\n\n<li class=\"\">Reduce waste.<\/li>\n\n\n\n<li class=\"\">Increase profitability.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-difference-between-inventory-and-stock\">The difference between inventory and stock<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Although people use the two terms interchangeably, inventory and stock have distinct meanings.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Inventory refers to your items on hand, including raw materials. Conversely, stock pertains only to finished products ready for sale.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-types-of-inventory\">Types of inventory<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Understanding each inventory type is crucial to your manufacturing inventory management.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-raw-materials\">Raw materials<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Raw materials are the unprocessed items you turn into finished goods. Effective inventory management for a small manufacturing business starts with keeping an accurate count of these essential components.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-work-in-progress-wip\">Work-in-progress (WIP)<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">As products move through the production line, they become works in progress. This inventory type represents items that are becoming finished products but haven\u2019t gotten all the way there yet. To prevent bottlenecks, a robust manufacturing inventory tracking system ensures that WIP items stay organized and continue their path to completion.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-finished-goods\">Finished goods<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">At the final stage of your manufacturing process, products become finished goods, ready for sale or distribution. Proper inventory management ensures you\u2019re storing, tracking, and dispatching items effectively to maximize profits and customer satisfaction.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-non-inventory-items\">Non-inventory items<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Not all items in a manufacturing environment are meant for sale. Non-inventory items, such as maintenance tools or office supplies, play a supporting role. While they don&#8217;t directly contribute to production, tracking these items leads to smoother operations and improved organization.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-goods-in-transit\">Goods in transit<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In the manufacturing industry, goods constantly move between locations. Whether it&#8217;s raw materials coming in or finished products going out, goods in transit are any inventory items on the move. <a href=\"https:\/\/www.method.me\/blog\/best-manufacturing-inventory-management-software\/\">Effective inventory management systems<\/a> ensure you\u2019re monitoring these items, enabling timely deliveries and reducing your risk of loss.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-inventory-management-challenges-for-manufacturing-businesses\">Inventory management challenges for manufacturing businesses<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Inventory management comes with its fair share of challenges. Acknowledging these barriers before implementing software is crucial. Below are a few to have on your radar.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Demand forecasting:<\/strong> Accurately predicting future demand is tough, and errors lead to overstock or stockouts, both of which have negative financial implications.<\/li>\n\n\n\n<li class=\"\"><strong>Shrinkage:<\/strong> Inventory loss due to theft, damage, or mismanagement is detrimental to your cash flow.<\/li>\n\n\n\n<li class=\"\"><strong>Complex supply chains:<\/strong> Managing multiple suppliers, especially in a global context, creates tracking and quality control issues.<\/li>\n\n\n\n<li class=\"\"><strong>Quality control:<\/strong> Ensuring that the raw materials and finished products meet quality standards consistently is a persistent challenge.<\/li>\n\n\n\n<li class=\"\"><strong>Inventory valuation:<\/strong> Deciding on the best method (e.g., FIFO, LIFO) for inventory valuation can impact financial reporting and tax obligations.<\/li>\n\n\n\n<li class=\"\"><strong>Human error: <\/strong>Manual processes or data entry can introduce errors, leading to inventory discrepancies.<\/li>\n\n\n\n<li class=\"\"><strong>Regulatory compliance:<\/strong> Especially in industries like pharmaceuticals or food and beverage, adhering to regulations in inventory management is crucial and challenging.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-to-look-for-in-a-manufacturing-inventory-management-system\">What to look for in a manufacturing inventory management system<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">For any manufacturing business, finding an inventory management solution that&#8217;s cost-effective yet comprehensive is essential. Your manufacturing inventory management system should offer:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Real-time tracking.<\/li>\n\n\n\n<li class=\"\">Intuitive reporting.<\/li>\n\n\n\n<li class=\"\">Scalability to adapt to evolving needs.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-inventory-management-for-small-manufacturing-business-top-7-options\">Inventory management for small manufacturing business: Top 7 options<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Here are your top seven software choices to help with your manufacturing inventory management.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-1-sos-inventory\">1.<a href=\"https:\/\/www.sosinventory.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"> SOS Inventory<\/a><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1100\" height=\"628\" data-src=\"https:\/\/www.method.me\/wp-content\/uploads\/2023\/08\/SOS-inventory-1.jpg\" alt=\"Product shot of a SOS Inventory dashboard\" class=\"wp-image-26100 lazyload\" data-srcset=\"https:\/\/www.method.me\/wp-content\/uploads\/2023\/08\/SOS-inventory-1.jpg 1100w, https:\/\/www.method.me\/wp-content\/uploads\/2023\/08\/SOS-inventory-1-768x438.jpg 768w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; --smush-placeholder-aspect-ratio: 1100\/628;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Image credit: <\/em><a href=\"https:\/\/www.intuitiveaccountant.com\/accounting-tech\/vendor-news\/software-second-look-sos-inventory\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Insightful Accountant<\/em><\/a><em>&nbsp;<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">SOS Inventory is a comprehensive inventory management solution that integrates with QuickBooks Online. It\u2019s well-suited for small to medium-sized businesses looking to get a handle on <a href=\"https:\/\/www.method.me\/blog\/warehouse-inventory-control-processes\/\">inventory control<\/a> and order management.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-key-features\">Key features<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Central dashboard with real-time inventory tracking.<\/li>\n\n\n\n<li class=\"\">Multi-location and serialized inventory.<\/li>\n\n\n\n<li class=\"\">Order management and fulfillment.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-limitations\">Limitations<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Limited customization for unique workflows.<\/li>\n\n\n\n<li class=\"\">Only integrates with QuickBooks Online versions.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-pricing\">Pricing<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">SOS Inventory offers the following three pricing plans:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Companion: $59.95 per month with two users included.&nbsp;<\/li>\n\n\n\n<li class=\"\">Plus: $119.95 per month with three users included.<\/li>\n\n\n\n<li class=\"\">Pro: $169.95 per month with five users included.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">You can buy additional users for these plans at $20 each monthly. SOS Inventory also offers an annual discount and a free trial.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-2-fishbowl\">2.<a href=\"https:\/\/www.fishbowlapp.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"> Fishbowl<\/a><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"472\" data-src=\"https:\/\/www.method.me\/wp-content\/uploads\/2022\/11\/fishbowl-product-dashboard-1024x472.png\" alt=\"Fishbowl product dashboard\" class=\"wp-image-19537 lazyload\" data-srcset=\"https:\/\/www.method.me\/wp-content\/uploads\/2022\/11\/fishbowl-product-dashboard-1024x472.png 1024w, https:\/\/www.method.me\/wp-content\/uploads\/2022\/11\/fishbowl-product-dashboard-300x138.png 300w, https:\/\/www.method.me\/wp-content\/uploads\/2022\/11\/fishbowl-product-dashboard-768x354.png 768w, https:\/\/www.method.me\/wp-content\/uploads\/2022\/11\/fishbowl-product-dashboard.png 1044w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/472;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Image credit: <\/em><a href=\"https:\/\/www.fishbowlinventory.com\/products\/fishbowl-manufacturing\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Fishbowl<\/em><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fishbowl is a powerful manufacturing inventory management software that integrates well with QuickBooks. Its advanced tracking and forecasting give you a leg up on the competition.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-key-features-0\">Key features<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Barcode scanning on your phone or tablet using the Fishbowl Go for iOS mobile app.<\/li>\n\n\n\n<li class=\"\">Inventory management <a href=\"https:\/\/www.method.me\/blog\/warehouse-inventory-control-processes\/\">across multiple warehouses<\/a> with parts tracking, auto reorder points, automatic order creation, and more.<\/li>\n\n\n\n<li class=\"\">Optimized work order management.<\/li>\n\n\n\n<li class=\"\">Inventory requirement predictions based on sales trends.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-limitations-0\">Limitations<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Limited reporting capabilities.&nbsp;<\/li>\n\n\n\n<li class=\"\">Slow customer support.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-pricing-0\">Pricing<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Fishbowl software starts at $4,395, which grants you permanent access with unlimited users. They also offer a free demo.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You can request a demo or quote through Fishbowl\u2019s website for exact pricing information.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-3-netsuite\">3.<a href=\"https:\/\/www.netsuite.com\/portal\/home.shtml\" target=\"_blank\" rel=\"noreferrer noopener\"> NetSuite<\/a><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"600\" data-src=\"https:\/\/www.method.me\/wp-content\/uploads\/2022\/12\/netsuite-product-shot-1-1-1024x600.webp\" alt=\"\" class=\"wp-image-19306 lazyload\" data-srcset=\"https:\/\/www.method.me\/wp-content\/uploads\/2022\/12\/netsuite-product-shot-1-1-1024x600.webp 1024w, https:\/\/www.method.me\/wp-content\/uploads\/2022\/12\/netsuite-product-shot-1-1-300x176.webp 300w, https:\/\/www.method.me\/wp-content\/uploads\/2022\/12\/netsuite-product-shot-1-1-768x450.webp 768w, https:\/\/www.method.me\/wp-content\/uploads\/2022\/12\/netsuite-product-shot-1-1.webp 1100w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/600;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Image credit: <\/em><a href=\"https:\/\/www.netsuite.com\/portal\/products\/erp.shtml\" target=\"_blank\" rel=\"noreferrer noopener\"><em>NetSuite<\/em><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">NetSuite is a cloud-based ERP for manufacturing designed to help you coordinate, control, and manage all your manufacturing operations.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-key-features-1\">Key features<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Intelligent order management tool with reporting and analytics.<\/li>\n\n\n\n<li class=\"\">Procurement and job shop floor control.<\/li>\n\n\n\n<li class=\"\">Advanced lead tracking capabilities.<\/li>\n\n\n\n<li class=\"\">Marketing, sales, and customer service features.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-limitations-1\">Limitations<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Costly for small businesses.<\/li>\n\n\n\n<li class=\"\">Challenging third-party integrations.<\/li>\n\n\n\n<li class=\"\">Limited reports.<\/li>\n\n\n\n<li class=\"\">Complex and has a steep learning curve.<\/li>\n\n\n\n<li class=\"\">Help resources need to be more consistent and complete.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-pricing-1\">Pricing<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Your total cost depends on three main factors: The core platform, optional modules, and the number of users on your account. Base NetSuite pricing starts at $99 monthly per user on top of a $999 monthly licensing fee.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Note, this is a premium manufacturing inventory tracking system most small and mid-sized businesses can\u2019t afford.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-4-katana-cloud-manufacturing\">4.<a href=\"https:\/\/katanamrp.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"> Katana Cloud Manufacturing<\/a><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"499\" data-src=\"https:\/\/www.method.me\/wp-content\/uploads\/2023\/01\/katana-e1674499656676-1024x499.webp\" alt=\"A screenshot of a Katana MRP dashboard.\" class=\"wp-image-21288 lazyload\" data-srcset=\"https:\/\/www.method.me\/wp-content\/uploads\/2023\/01\/katana-e1674499656676-1024x499.webp 1024w, https:\/\/www.method.me\/wp-content\/uploads\/2023\/01\/katana-e1674499656676-300x146.webp 300w, https:\/\/www.method.me\/wp-content\/uploads\/2023\/01\/katana-e1674499656676-768x374.webp 768w, https:\/\/www.method.me\/wp-content\/uploads\/2023\/01\/katana-e1674499656676.webp 1100w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/499;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Image credit:<\/em><a href=\"https:\/\/katanamrp.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em> Katana MRP<\/em><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Katana MRP is a manufacturing ERP that helps with end-to-end manufacturing processes. It simultaneously supports made-to-order (MTO) and made-to-stock (MTS) workflows.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-key-features-2\">Key features<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Live inventory management.<\/li>\n\n\n\n<li class=\"\">Purchase order management.<\/li>\n\n\n\n<li class=\"\">Integrations with Zapier and an open API.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-limitations-2\">Limitations<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Complex workflows require clunky workarounds.<\/li>\n\n\n\n<li class=\"\">Lacks essential features like calendars and Gantt charts.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-pricing-2\">Pricing<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Katana MRP offers three subscription options:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Essential: $99 per month when billed annually.<\/li>\n\n\n\n<li class=\"\">Advanced: $299 per month when billed annually.<\/li>\n\n\n\n<li class=\"\">Professional: $799 per month when billed annually.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Katana also offers a free trial.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-5-deskera-mrp\">5.<a href=\"https:\/\/www.deskera.com\/mrp\/\" target=\"_blank\" rel=\"noreferrer noopener\"> Deskera MRP<\/a><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1100\" height=\"687\" data-src=\"https:\/\/www.method.me\/wp-content\/uploads\/2023\/09\/deskera-product-shot.jpg\" alt=\"Product shot of a Deskera MRP dashboard.\" class=\"wp-image-26435 lazyload\" data-srcset=\"https:\/\/www.method.me\/wp-content\/uploads\/2023\/09\/deskera-product-shot.jpg 1100w, https:\/\/www.method.me\/wp-content\/uploads\/2023\/09\/deskera-product-shot-768x480.jpg 768w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; --smush-placeholder-aspect-ratio: 1100\/687;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Image credit: <\/em><a href=\"https:\/\/www.deskera.com\/mrp\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Deskera<\/em><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Deskera MRP aims to optimize your manufacturing process while reducing costs. It\u2019s popular for its comprehensive feature set and integrations with popular accounting, CRM, and HR systems.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-key-features-3\">Key features<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Work order management and WIP tracking.<\/li>\n\n\n\n<li class=\"\">Demand forecasting and material requirement planning.<\/li>\n\n\n\n<li class=\"\">Multi-level bill of materials.<\/li>\n\n\n\n<li class=\"\">By-product and scrap management.<\/li>\n\n\n\n<li class=\"\">Machine management.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-limitations-3\">Limitations<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Data exports are clunky and incomplete at times.<\/li>\n\n\n\n<li class=\"\">The platform needs to catch up on compliance requirements in some regions.<\/li>\n\n\n\n<li class=\"\">Customer service is slow, and help resources are limited.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-pricing-3\">Pricing<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Deskera offers three pricing plans:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Growth: Starts at $1,000 per month annually for up to five users.<\/li>\n\n\n\n<li class=\"\">Mid Market: Starts at $2,000 per month annually for up to ten users.<\/li>\n\n\n\n<li class=\"\">Enterprise: Contact Deskera\u2019s Sales team for a quote.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-6-striven\">6.<a href=\"https:\/\/www.striven.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"> Striven<\/a><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"492\" data-src=\"https:\/\/www.method.me\/wp-content\/uploads\/2022\/12\/striven-product-dashboard-1024x492.webp\" alt=\"\" class=\"wp-image-19192 lazyload\" data-srcset=\"https:\/\/www.method.me\/wp-content\/uploads\/2022\/12\/striven-product-dashboard-1024x492.webp 1024w, https:\/\/www.method.me\/wp-content\/uploads\/2022\/12\/striven-product-dashboard-300x144.webp 300w, https:\/\/www.method.me\/wp-content\/uploads\/2022\/12\/striven-product-dashboard-768x369.webp 768w, https:\/\/www.method.me\/wp-content\/uploads\/2022\/12\/striven-product-dashboard.webp 1500w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/492;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Image credit: <\/em><a href=\"https:\/\/www.striven.com\/wp-content\/uploads\/welcome-to-dashboard.webp\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Striven<\/em><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Striven offers all-in-one solutions for all kinds of businesses, including those in the manufacturing industry.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Particularly helpful for small businesses, Striven simplifies your operations, from sending quotes to inventory control and management.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-key-features-4\">Key features<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Customer, vendor, and career portals.<\/li>\n\n\n\n<li class=\"\">Project management with customer collaboration.&nbsp;<\/li>\n\n\n\n<li class=\"\">Built-in accounting system.&nbsp;<\/li>\n\n\n\n<li class=\"\">Lead tracking and management.<\/li>\n\n\n\n<li class=\"\">Instant reporting.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-limitations-4\">Limitations<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Limited integrations (i.e., does not integrate with QuickBooks).&nbsp;<\/li>\n\n\n\n<li class=\"\">Performance issues and occasional crashes.<\/li>\n\n\n\n<li class=\"\">Complex due to many bells and whistles.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-pricing-4\">Pricing<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Striven has three pricing plans:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">$20 per user per month for up to 20 users, with $99 monthly hosting.<\/li>\n\n\n\n<li class=\"\">$15 per user per month for up to 50 users, with $299 monthly hosting.<\/li>\n\n\n\n<li class=\"\">$10 per user per month for unlimited users, with $499 monthly hosting.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-7-aquilon-erp\">7.<a href=\"https:\/\/aquilonsoftware.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"> Aquilon ERP<\/a><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"960\" height=\"618\" data-src=\"https:\/\/www.method.me\/wp-content\/uploads\/2023\/09\/Aquilon-product-shot.jpg\" alt=\"Screenshot of an Aquilon ERP dashboard.\" class=\"wp-image-26433 lazyload\" data-srcset=\"https:\/\/www.method.me\/wp-content\/uploads\/2023\/09\/Aquilon-product-shot.jpg 960w, https:\/\/www.method.me\/wp-content\/uploads\/2023\/09\/Aquilon-product-shot-768x494.jpg 768w\" data-sizes=\"(max-width: 960px) 100vw, 960px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 960px; --smush-placeholder-aspect-ratio: 960\/618;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Image credit: <\/em><a href=\"https:\/\/www.capterra.ca\/software\/129620\/aquilon\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Capterra<\/em><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Aquilon is an all-in-one ERP system with a broad user base. It offers financial, distribution, manufacturing, supply chain, and CRM functions.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-key-features-5\">Key features<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Centralized dashboard with 360-degree visibility.<\/li>\n\n\n\n<li class=\"\">Audit trails and drill-down analytics.<\/li>\n\n\n\n<li class=\"\">Role-based permissions for better security.<\/li>\n\n\n\n<li class=\"\">Document sharing and storage.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-limitations-5\">Limitations<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Reporting options are limited without customization.<\/li>\n\n\n\n<li class=\"\">Missing some popular features, like a real-time general ledger.<\/li>\n\n\n\n<li class=\"\">Payroll is lacking, with no ability to generate T4s.<\/li>\n\n\n\n<li class=\"\">Steep learning curve.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-pricing-5\">Pricing<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Aquilon\u2019s pricing starts at $120 per month. For a more accurate quote, you can contact their Sales team.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-strengthen-your-manufacturing-inventory-management-with-method\">Strengthen your manufacturing inventory management with Method<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">You can\u2019t be everywhere at once, nor should you be. That\u2019s why you need a comprehensive business system that takes work off your team.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">So meet <a href=\"https:\/\/www.method.me\/\">Method<\/a>, your next employee of the month! Method is the #1 lead-to-cash automation tool for manufacturers that use QuickBooks and Xero. Below is a preview of how Method lets you grow your business, not your stress.&nbsp;<\/p>\n\n\n\n<div style=\"padding:56.25% 0 0 0;position:relative;\"><iframe data-src=\"https:\/\/player.vimeo.com\/video\/913433287?badge=0&amp;autopause=0&amp;player_id=0&amp;app_id=58479\" frameborder=\"0\" allow=\"autoplay; fullscreen; picture-in-picture\" style=\"position:absolute;top:0;left:0;width:100%;height:100%;\" title=\"Win more business with a QuickBooks CRM\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe><\/div><script src=\"https:\/\/player.vimeo.com\/api\/player.js\"><\/script>\n\n\n\n<p class=\"wp-block-paragraph\">Use Method to automate your key processes, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Tracking customers\u2019 transactions and interactions.<\/li>\n\n\n\n<li class=\"\">Invoicing and estimates.<\/li>\n\n\n\n<li class=\"\">Payment collection.<\/li>\n\n\n\n<li class=\"\">Customer support.<\/li>\n\n\n\n<li class=\"\">Follow-ups and reminder emails.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">With advanced process automation and its two-way sync with your accounting software, <a href=\"https:\/\/www.method.me\/\">Method<\/a> refines your quote-to-cash cycle and strengthens your bottom line.<\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><a href=\"https:\/\/grow.method.me\/request-demo\/?source=blog\/\">See how<\/a> Method works wonders for manufacturers that use QuickBooks and Xero.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Image credit: Tima Miroshnichenko via <\/em><a href=\"https:\/\/www.pexels.com\/photo\/a-man-inspecting-parcels-on-a-shelves-6170405\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Pexels<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Manufacturing inventory management isn&#8217;t easy, but it&#8217;s necessary for sustainable success and growth. Check out this blog for everything you need to know.<\/p>\n","protected":false},"author":45,"featured_media":26436,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[228],"tags":[],"class_list":["post-26434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Manufacturing Inventory Management System &#8212; Method<\/title>\n<meta name=\"description\" content=\"Manufacturing inventory management isn&#039;t easy, but it&#039;s necessary for sustainable growth. 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