There are a few pillar features of good inventory management software: Real-time tracking Forecasting Purchasing Rules & automations Cloud-based Purchasing can be defined as: Group of answer choices Allows creation of inventory rules, e.g. to dictate how much stock shows on each sales channel. Helps manage all suppliers and purchase orders for quick and easy stock replenishment. Syncs a live inventory figure across all sales channels and Uses past sales data to project estimated inventory requirements into the future. Accessed from anywhere with data never being overwritten by team members making changes