Draft:Cin7

Cin7 Inc is a global Software as a service (SaaS) company providing cloud-based inventory management software solutions to small and medium sized businesses.

History
Cin7 was founded in New Zealand by Danny Ing, who, as of 2024, holds the position of Chief Innovation Officer. This company operates in the e-commerce and omni-channel selling sectors, serving a client base of over 8,500 product sellers worldwide. Its main office is located in Auckland, New Zealand, and it has expanded to have offices in countries including the United States and the United Kingdom.

The company, initially called Datum Connect from 2012 to 2018, focused on creating customized eCommerce websites in New Zealand. The name "Cin7" is a shortened form of "Connected Inventory" and is inspired by seven commerce-related predictions at the time of its renaming.

In 2012, DEAR Systems, which later became known as Cin7 Core, was launched. This venture provided cloud-based software-as-a-service solutions aimed at helping small businesses manage their accounting and inventory needs. DEAR Systems began as an Inventory Management ADD-On for Xero and Quickbooks Online, targeting small and medium-sized businesses seeking to move from traditional accounting software to cloud-based platforms.

In 2019, Cin7 received a private equity investment from Rubicon Technology Partners, enabling the company to expand internationally and establish an office in Denver, Colorado. Subsequently, in February 2021, Cin7 acquired DEAR Systems and Orderhive, enhancing its portfolio and offerings. Since 2023, Cin7 comprises two distinct product lines: Cin7 Core and Cin7 Omni.

In 2024, Cin7 acquired AI Forecasting company Inventoro, expanding its portfolio of products.

Products and Services
Cin7 offers two distinct cloud-based inventory management software (IMS) solutions, known as Cin7 Core and Cin7 Omni, in addition to Onboarding Services. These are tools developed to aid businesses in optimizing their inventory management and operational workflows. Inventory management software is a tool that provides visibility into your stock levels, gives you a way to order more items when needed, can connect you to additional sales channels, and lets you automate different parts of the inventory management process.

The primary purpose of these solutions is to help businesses streamline their management tasks, potentially leading to increased sales and improved integration of their operations. Cin7's approach, called Connected Inventory Performance, focuses on offering a comprehensive, real-time perspective on a company's production and sales activities. This encompasses a range of systems, sales channels, marketplaces, and geographical regions. Cin7 offers over 700 tools for connectivity, intending to accommodate a variety of needs that include linking with accounting systems like QuickBooks and integrating with marketplaces and e-commerce platforms such as Amazon and Shopify. These tools are meant to facilitate a more interconnected and efficient inventory management system.

Cin7 Core

Cin7 Core, primarily designed to meet the requirements of small businesses, is a cloud-based inventory management solution that attempts to address inventory management needs with built-in point-of-sale (POS) functionality, a comprehensive warehouse management system, a B2B portal, automation capabilities, and reporting tools. Its integration capabilities extend to various tools used in accounting, e-commerce, shipping, and payments processing. According to Forbes, Cin7 Core allows businesses to synchronize stock levels across multiple warehouses, track components for bundled and assembled products, automate purchase orders based on sales trends, and seamlessly forward orders to warehouses and dropship suppliers for fulfillment. These features are also verified by Cin7 Core reviewers on G2.

Cin7 Omni

Cin7 Omni is a cloud-based inventory management software that serves the operational needs of small and medium-sized businesses. It offers custom configurations and integration options suitable for businesses that engage in third-party logistics (3PL) and sell through electronic data interchange (EDI) retailers. The software includes functionalities for 3PL and EDI management, along with built-in warehouse management features. Additionally, and verified through G2 reviewer feedback, Cin7 Omni comes equipped with automation features and reporting capabilities, designed to assist in streamlining inventory and sales processes for businesses using these systems. It integrates with various e-commerce platforms, accounting tools, shipping services, and sales and marketing solutions. Xero recommends the use of Cin7 Omni to enhance customer satisfaction and scale omnichannel commerce operations while offering organizations the visibility required to optimize their operations within a user-friendly environment.