Finding a suitable solution for stock control has become an increasing demand for most e-commerce businesses. When it comes to Magento platform, there are two most prominent suggestions that is integrated modules and cloud based modules. Today’s article will take a look over this two inventory management methods so that you can make clear about which would suit your current platform.

What is integrated and cloud based inventory management module?

The main function of an inventory management module is usually stable. It allows you to run, change anything, any factor you want to control your own resources and storehouses ubiquitously via connected devices. However, based on different technologies implemented on Magento websites, the ways to handle your inventory database may vary.

An integrated module is plugged directly into your Magento backend. Therefore, you can check your stock availability, customer orders, providers’ contacts and so on right in backend. Magento integrated modules are usually charged one time for the installation package and a little more for support and upgrades.

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Integrated module allows managing data right from website backend.

 Unlike an integrated module, a cloud based (or cloud computing) module synchronizes your resources via a connector extension, and your data will be controlled using services of a third party. Cloud based services are usually billed on monthly or annual bases as a SaaS (Software As A Service) product.

Pros and cons of integrated and cloud based inventory management

 

Magento Integrated module

Cloud Based module

Pros:

  • Convenience: Professional features available in admin panel, the whole stocks and warehouses managed in a single system, ultimate purchasing process. No need to wait for synchronized data via a 3rd connector
  • Real time update: Any inventory changes in backend applied to frontend instantly.
  • Better customizability: Source code easily modified to fit your particular needs.
  • Privacy: No data shared with a 3rd party, 100% secured.
Pros:

  • Interface: Good looking interface in the backend.
  • Scalability: Accommodation by adding more server space.
  • Easy collaboration: Easy collaboration with providers and employees in other locations.
  • Integration: Easy integration with multiple platforms and selling channels.
Cons:

  • Integration: Only Magento platform supported, extra work needed to integrate with other sale channels and external CRM, ERP systems.
Cons:

  • Cost: Expense in licensing and regulatory reinstatement fees, software updates. The more users, the higher fees.
  • Risks from hackers: Most sensitive data on a server => Risks from collateral damage.
  • Lack of privacy: Data shared with 3rd party companies
  • Data mobility and ownership: Data possibly cleaned when cloud service finishes .
  • Time – consuming: Time for signals and synchronization from the 3rd party.

“Using cloud solutions is like kissing someone you don’t know…”

Neil Reup, founder of Enterprise Cyber-security Architects had such an interesting comparison when he got interviewed by BusinessNewsDaily in October 2013.

This sounds true because you do not know what types of germs they have and whether you will catch something from them. While Cloud Based now is a trend worldwide, Integrated Module seems to be more convenient, flexible, especially highly secured and saving. Every website administrator should clarify your objectives and resources to choose the suitable solution for your Magento Inventory Management.

How about you? Which solution do you prefer for your stores?  Or, do you know another solution other than the two I mentioned above?

Come and share with us in the comment box below 🙂

Safe Stock Management

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