Cin7 is a feature-rich, fully integrated inventory management software solution designed primarily for small and medium-sized retail and wholesale businesses catering to a multitude of sales and distribution channels. It is, however, a comprehensive inventory management and point-of-sale (POS) system for virtually all business types and sizes.
This all-in-one cloud-based inventory system also offers native integrations for Magento, Xero, Shopify, eBay, Amazon and more to help businesses save time and increase their profits.
Cin7 Overview
Cin7 provides businesses with a number of features and capabilities, on top of its inventory management system. The platform offers point-of-sale, warehouse management solutions, and reporting functionality within a single package. Businesses may choose to deploy Cin7 either via the cloud or on-premise.
The technology provides features that transform complex retail and wholesale operations into a more manageable and streamlined process. It allows retailers and wholesalers to efficiently manage all their sales channels, POS, inventory, and supply chain in one platform.
The software solution is designed for seamless integrations with third-party logistics (3PL) and electronic data interchange (EDI), allowing businesses to stay on top of current trends and sell their products or provide their services on the global stage.
Cin7 helps omnichannel retailers and wholesalers connect all of their inventories together, providing a more cohesive and clearer view of how their brick-and-mortar stores and online sales are performing across multiple outlets.
The web-based solution also offers e-commerce integration that enables users to view the accurate pricing of items in their inventory based on the real-time landing prices of stocks. The system allows users to easily track their complete inventory in real time, which helps avoid over-allocation and the overselling of items.
Cin7 provides stock reorder functionality, helping users to create purchase orders with ease right from the inventory portal, which is especially useful during an inventory shortage. The solution features reliable third-party logistics services, allowing businesses to ship stocks from warehouses in different locations via accredited logistics companies.
Using the platform’s customizable reporting and dashboards for the monitoring and tracking of inventory data, retailers and wholesalers will have a more comprehensive view of their entire inventory, warehouses, and shipping activities. This allows businesses to gauge their inventory levels more accurately for better restocking decisions.
Cin7 Benefits
Cin7, with its features and capabilities, offers more efficiency and convenience for retailers, wholesalers and businesses across multiple industries, regardless of size or scale. The software solution works well for businesses operating in more than one location and retailers that have more than a single outlet, as the system connects inventory from multiple locations together.
If you have a number of retail stores or warehouses in different locations, Cin7 provides the tools and services that allow you to gather relevant information from all channels. This means you will have a much better idea of how each individual store is performing, which one has higher sales, which items are running low in which stores and so on. This makes refilling inventories and restocking products on store shelves much more convenient and less time-consuming.
Moreover, Cin7 allows you to connect your entire inventory to the majority of widely used e-commerce solutions available. This means you will be able to manage all your accounts and company finances via the Cin7 platform. And as far as mobile device compatibility is concerned, Cin7 is designed to make carrying out online sales and purchases more effortless for both the retailer and their customers.
Cin7 comes with offline services for cloud-based operations, making sure you never miss sales opportunities even if you encounter internet connection issues.
Advanced reporting and tracking features are not lacking in this inventory management software solution. With its capabilities, users will be able to extract and collect the most relevant information as well as the tiniest details out of their account and entire inventory. The solution allows you to keep track of your sales, forecasts, and other significant aspects of your business.
The web-based inventory management solution also features a clean interface and attractive layouts, providing a much more comprehensible working environment, especially when you’re working on reports or gathering important data across all store locations. With the platform being mobile-friendly, your inventory becomes more manageable while also making your business more accessible to customers.
With Cin7’s third-party logistics or 3PL feature, even smaller or medium-sized businesses will be able to market their products and/or services all around the world without having to pay large sums for shipping and manpower. Overall, Cin7 has quite a few useful retail and warehouse solutions that help make your business more successful both domestically and internationally.
Cin7 Pricing
Pricing for Cin7 starts from $299/month, though you should ask for a quote based on your unique needs by contacting the company directly. There are three pricing tiers offered by Cin7:
- Starter – Best suited for small businesses and startups looking to scale operations.
- Momentum – Ideal for established companies with a reasonable product range.
- Advanced – Suitable for enterprises managing stock across multiple locations that sell through various channels.
All plans come with a wide range of capabilities, including powerful inventory management, pre-order and backorder management, point-of-sale, inventory-based CRM, multi-location support, FIFO costing and landed costs, product bundles, light manufacturing, as well as over 100 types of reports and more.
The Momentum plan provides further capabilities such as forecasting, multi-user support, automated order splitting and geo-routing, automated replenishment, warehouse management, custom 3PL integration, as well as a complete Amazon suite.
As for the Advanced plan, it provides users with further enhanced automations (including multi-company automation), custom EDI integrations, retailer-specific labels, as well as the ability to customize reports.
Cin7 also offer the ability to book a demo and recieve a free trial with no commitments or credit card required. Onboarding services and training are available, but the fees may vary according to your chosen plan.
Conclusion
Cin7 inventory management software solution offers a plethora of features and capabilities that help make your retail business easier to manage, especially when it comes to gathering inventory data from multiple stores.
For medium and large enterprise retailers and wholesalers, the cost of the software is reasonable and quite competitive once you compare it with other solutions in the market. For smaller businesses and startups, however, the price might prove too hefty.
But when you take into account the different features and tools available with the platform, such as point-of-sale, warehouse management, B2B e-commerce, payment portal, forecasting and reporting, third-party logistics (3PL), and direct EDI, on top of the inventory management solution, you’re essentially getting a cost-effective option.
