With Katana, we are able to track products, create bills of materials, and set reorder points as well. That was one thing that was very difficult to manage, raw material inventory — for example, how many black t-shirts do I need to order? That was the main reason why we selected Katana.
Lisa Diep
Chief Operating Officer (COO), Peace Collective
All the inventory management features a retail business needs
Use Katana’s retail inventory software to reduce daily admin and help you grow your business
The retail world involves constant competition to get consumers’ attention and ultimately convince them to make a purchase. This is why you need retail inventory software that makes life behind the scenes easier and more automated.
Katana offers you this freedom by integrating all your business tools, allowing you to set up automation and ensuring your information is synced across platforms. It’s ideal for owners who want a wider view of their business and more time to focus on long-term growth.
Real-time inventory tracking for all your SKUs across multiple locations
Katana’s cloud-based software for retail inventory management makes it easy to see all your stock movements in real time, enabling you to make decisions on the fly.
It’s the perfect platform for retailers that need to manage multiple item variants/SKUs across different locations.
Katana’s retail inventory management software makes it easy to:
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Monitor inventory movements in real time
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Easily set up stock transfers between locations
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Use barcodes for quick stocktakes and receipts
Unified experience across all your business tools
Katana’s retail inventory management software is the ideal platform that brings all your apps and services together.
Katana integrates seamlessly with the best e-commerce, accounting, and other software out there, making it easy to keep your data synced.
With Katana’s retail inventory software, you can:
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Keep your stock levels accurate in all your online and offline stores
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Integrate seamlessly with your favorite business software (including Shopify, QuickBooks Online)
Integrate with the best e-commerce,
accounting, reporting, and CRM
tools out there
All your business tools — connected
Optimize your workflow with native and third-party integrations, automating data transfer between systems and reducing errors. Or build your own custom integrations using the open API for seamless data flow with other applications. Check out the API documentation for more details.
Effective inventory management for retailers involves a strategic approach to ordering, storing, and using inventory to ensure that the right amount of stock is available at the right time. This can be achieved by implementing practices such as regular stock audits, demand forecasting, setting par levels, and employing just-in-time inventory management to minimize holding costs and reduce the risk of stockouts or overstocking.
Utilizing retail inventory software that offers real-time tracking, reorder points, and analytics can significantly streamline these processes. Such software allows retailers to maintain optimal inventory levels, improve operational efficiency, and enhance customer satisfaction by ensuring products are always available when needed.
When selecting software for inventory management, retailers should look for solutions that offer comprehensive features tailored to their specific needs. Key functionalities to consider include real-time inventory tracking, barcode scanning, integration with sales channels, and analytical tools for demand forecasting and inventory optimization.
While there are several options available, Katana is an example of inventory management software that provides these capabilities, designed to help small and medium-sized businesses streamline their operations and achieve better control over their inventory.
An effective inventory management system should be able to:
- Track inventory in real-time — Update stock levels automatically as sales are made and items are received.
- Integrate with sales channels — Synchronize inventory across all sales channels to provide a unified view of stock.
- Forecast demand — Utilize historical data to predict future sales and adjust inventory levels accordingly.
- Set reorder points and safety stock levels — Calculate the most optimal safety stock levels and reorder points to avoid stockouts and overstock.
- Provide detailed reports and analytics — Offer insights into inventory performance, helping businesses make informed decisions.
- Be scalable — Adapt to the growing needs of a business, supporting more products, sales channels, and increased complexity over time.
Software that meets these requirements, such as Katana, can significantly improve the efficiency and effectiveness of inventory management for retailers.
Inventory management software automates the process of tracking and managing inventory, from ordering and storing to selling and restocking. It works by integrating with a business’ purchasing, sales, and warehouse operations to provide real-time visibility into stock levels, product locations, and sales trends.
The software updates inventory counts automatically as sales are made and items are received, helping to prevent stockouts and overstock situations.
Advanced systems offer features like demand forecasting, which helps businesses predict future sales based on historical data. By providing detailed analytics and reporting capabilities, inventory management software helps businesses make data-driven decisions to optimize their inventory strategy and improve overall operational efficiency.