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Handling Stock Transfers & Stocktakes
Handling Stock Transfers & Stocktakes

Learn what tools you can use to help you complete stock transfers and stocktakes.

Aladdin avatar
Written by Aladdin
Updated over a week ago

Jaquory LunsfordI would talk high level about their vlaue and which one to choose based on what you are looking to do

Jaquory LunsfordLink to any articles or guide that example how those apps handle stock takes

While Genie doesn't directly handle stock transfers or stocktakes at this moment, we don't want to leave you high and dry. This article will review some apps we recommend using alongside Genie to help you move stock. between your locations efficiently and without breaking the bank.

Before we jump into our recommendations, we also wanted to note that Shopify offers an easy solution to stock transfers and stocktakes. You may find it easier to set up and complete and could save you money and time in the long run.

Lightning Inventory is touted as being user-friendly with simple but robust features that allow you to conduct stock takes and transfers easily. It is also designed for rapid stock transfers, adjustments, and offers.

When it comes to stock transfers you can use its barcode scanning feature to ensure your stock movements are accurate and efficient. While also leveraging their mobile optimization and CSV import/export abilities to conduct stock takes, simplify the work, and reduce the time spent on updating records.

Some key features include:

  • Instant Inventory Transfers

  • Barcode Scanning Support.

  • CSV Import & Export.

  • Split Transfers

We understand cost is a big factor in decision-making so here is what you get for each subscription tier:

  • LIGHTNING: $9.95/month

    • Unlimited transfers

    • Barcode scanning support

    • 7-day free trial

  • LIGHTNING PRO: $14.95/month

    • Includes all LIGHTNING features

    • CSV upload

    • Split transfers

    • Draft transfers

    • 7-day free trial

PML Stock Take Inventory Count is another great option you can use. This one has an emphasis on assisting users with managing their transfers for physical stores as well as online ones. So, if you do have a few storefronts and some of them are brick and mortar, this may be one to check out.

With its integration with Shopify POS, you can do more accurate stock counts while simultaneously performing multi-device scanning allowing you to share the work and speed up the processes.

Some key features include

  • Seamless Shopify POS Integration

  • Simultaneous Multi-Device Scanning

  • Comprehensive Reporting

  • Customizable Stock Takes

    • Create and tailor stock takes for any location, with the ability to adjust inventory levels automatically upon completion.

And of course everyone wants to know the pricing:

  • Basic: $10.79/month

    • Single location

    • Unlimited users

    • Unlimited stock takes

    • Simultaneous multi-device scanning

    • 14-day free trial

  • Growth: $21.79/month

    • Up to 3 locations

    • Includes all Basic features

    • 14-day free trial

  • Complete: $37.79/month

    • Unlimited locations

    • Founder email support

    • Includes all Growth features

    • 14-day free trial

Below are some resources to check out how they work:

Cohub Inventory Counting is another app we suggest checking out. It's an app designed to simplify and expedite inventory counting and like the previous two is very easy to operate. Like many things nowadays, it has its own companion app that doubles as a way for you to conduct stock takes without extra hardware.

While this tool is primarily focused on inventory takes, as the name would suggest, it still does a great job of helping you track and understand where your inventory is stored through regular counts and reliable data.

Here are some of its key features:

  • Team Collaboration

  • Mobile Barcode Scanning

  • Mid-Count Adjustments

  • Par Level Management

  • Historical Data Access

For good measure here is the pricing as well:

  • Basic: $19/month

    • Supports up to 4 locations

    • Includes full and cycle counts

    • Mid-count adjustments

    • Par levels

    • Scheduled counts

    • 14-day free trial

  • Professional: $29/month

    • Supports up to 5 locations

    • Includes all Basic features

    • 14-day free trial

  • Advanced: $59/month

    • Supports up to 8 locations

    • Includes all Professional features

    • 14-day free trial

  • Plus: $99/month

    • Supports 9 locations + $5 per additional location

    • Includes all Advanced features

    • 14-day free trial

Ultimately, it comes down to what you need from a stock transfer tool and how much you are willing to pay for one that works for your needs. If you are looking for the best bang for your buck then we would suggest Lightning Inventory. With its decent product offerings at such a low price even for the higher plan, it's a hard deal to argue with. But if you want a more robust product offering and price isn't a factor, we recommend Cohub.

Thank you for reading this Help Center article! Our goal is to help you become an inventory pro. If you have any other questions, feel free to reach out to our team, book a meeting, or explore more of our Help Center for more guides on navigating and configuring Genie. And if you want more information on building analytical views check out our guides on the inventory table and creating new views.

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