Inventory App Comparison: myStock Inventory Manager vs. Fishbowl Go
MyStock Inventory Manager is an app created by Trace Width Technology Solutions LLC. It gives basic inventory management features to small businesses and regular people looking to take inventory of their individual property items. Fishbowl Go is an app developed by Fishbowl to give many advanced warehouse, manufacturing, and order management features to small and medium-sized businesses, as well as other organizations looking to improve their inventory management.
Both of these apps are available on both Apple and Android mobile devices, including tablets and smartphones. We will compare and contrast them to see how well they stack up, and you will be able to decide which one is a better fit for your company.
There are six icons/buttons on the myStock Inventory Manager dashboard:
- Transaction List
- Product Entry
- Product List
Fishbowl Go has twice as many icons you can click:
- Add Inventory
- Work Order
- Sales Order
We will go into more depth on all of these features in the following sections.
Both apps enable picking. In myStock Inventory Manager, you can click the Transaction icon and click the “Stock out” option. Then you will be able to enter the date, product code, transaction type, sales contact, reference number (invoice, purchase order, etc.), and quantity being picked, and then save it. In addition, you can see all picks in the Transaction List by sorting or filtering the results by transaction type.
In Fishbowl Go, when you click the Pick icon, all open picks (including entered, started, and committed) will be displayed by default. A pick can be opened by either scanning it or clicking on it from the list. Picking items works in much the same way. You can scan an item’s barcode or click on it from the list and then click the Pick button. Each pick displays detailed information, including the part name, to-and-from locations, quantity, slot number, and image. Line-item notes and tracking numbers can be added before completing a pick. It’s possible to pick partial orders and enable voice announcements for picking to spell out part numbers and give other details audibly.
There is no packing functionality in myStock Inventory Manager.
In Fishbowl Go, you can see shipments waiting to be packed, add cartons and items to those cartons, assign carriers and tracking numbers, and print packing lists. All of this can done automatically, if you prefer, with the aid of a module option.
There is no shipping functionality in myStock Inventory Manager.
Fishbowl Go lets you pick a carrier and service, and then schedule a shipment with the click of a button.
It is possible to receive items into myStock Inventory Manager via the Transaction Entry tool. You simply select “Stock in” and then manually fill in the rest of the information for each product you are receiving.
There is a module dedicated to receiving in Fishbowl Go. In it, you can see all receivable orders, receive goods in those orders, partially receive orders, and print receiving labels. This is a much faster way to receive items because all you have to do is click “Received” on each item instead of having to enter each one’s information individually.
Items can be transferred internally by clicking “Internal” at the top of the Transaction Entry tool in myStock Inventory Manager and then manually entering the appropriate product information.
Again, Fishbowl Go has a module dedicated to transfers, known as the Move module. You simply scan or select a part that is already in the system, choose a from location, quantity, and to location, and then save that change to complete the internal transfer.
ADDING NEW ITEMS
CSV files can be imported into myStock Inventory Manager to add new products in bulk. In addition, the Product Entry tool allows you to add new products manually. You can enter the product code, barcode, product name, category, location, unit cost, opening stock, and image. Once a product is added, you will be able to see other details, such as quantity in, quantity out, and closing stock. These numbers are based on incoming and outgoing orders.
If someone already has a database with Fishbowl Manufacturing or Fishbowl Warehouse, it will automatically add all of their items and locations into Fishbowl Go. This is a huge time saver because all of the work is done for you, and there’s no potential for errors being made during data entry. When you’d like to add a new item, you can use the Add Inventory module to scan a location and then scan the item and assign a quantity and unit cost to it.
It is possible to scrap inventory in myStock Inventory Manager by manually creating a transaction type called “Scrap” and using that in the Transaction Entry tool. But that type of action isn’t automatically part of the app, and it takes some creativity to make it work.
The Scrap module in Fishbowl Go is specifically designed for scrapping unusable items. You simply scan the location of the damaged part, scan the part itself, enter the quantity, and add a note if you want to clarify its status or give more information about the situation.
Cycle counting can be done in myStock Inventory Manager by going into the Product List tool and clicking on a particular item to edit the number in stock.
Fishbowl Go has a Cycle module that enables cycle counting. You just scan an item’s location, then the item itself, and type in the current quantity to correct an inaccuracy in the system.
To update a product’s information in myStock Inventory Manager, you go into the Product List tool and search for that product. Click on it when it comes up, and then you will be able to modify its product code, barcode, name, category, location, unit cost, and attached image.
There is a Part module in Fishbowl Go that lets you search for a part or scan its barcode to bring up the details. You can add or modify a part’s UPC and image and then automatically update the UPC and image of all associated products. You can also update its description, unit of measure, and other details.
There is no manufacturing functionality in myStock Inventory Manager.
Fishbowl Go allows you to finish work orders that have been started in Fishbowl Manufacturing. You can check off step-by-step instructions, add raw goods, pick items to be used in a work order, and verify the number of finished goods that will be produced by a work order.
There is no sales-order functionality in myStock Inventory Manager.
In Fishbowl Go, you can create new sales orders, edit existing ones, issue them, unissue them, and quick-fulfill them. It’s possible to add notes, taxes, drop shipments, discounts, credit returns, and sales as items in a sales order. You can even accept payments via cash, check, and credit card.
MyStock Inventory Manager doesn’t have the ability to confirm the delivery of packages.
Fishbowl Go has a Delivery module that is basically the same as the Ship module except for the fact that it allows recipients of packages to sign for them. That way, you receive delivery confirmation.
MyStock Inventory Manager has three types of PDF reports that can be generated and saved:
- Product list sorted by product code, name, or category.
- Transactions over a specified period of time.
- Inventory status, including total stock value.
There are also two types of graphical reports:
- Transaction, which compares the quantity or value of different transaction types.
- Stock status, which measures the quantity or value of products or categories.
The number of reports in Fishbowl Go is basically only limited by your imagination. The Dashboard displays interactive Business Intelligence (BI) reports from Fishbowl Manufacturing or Fishbowl Warehouse. You can create custom BI reports with the BI Editor and view them in Fishbowl Go. The existing BI reports include:
- Month to Date Chart comparing your current revenue to the previous year’s revenue on a monthly basis.
- Sales by Region, which displays high and low revenue areas on a map.
- Sales Goal Chart to show the progress you have made toward hitting sales targets.
- Top Products Chart, which lists your highest-selling products on a bar graph.
As we mentioned, these are far from exhaustive and are just scratching the surface of the types of reports you can generate.
Your data in myStock Inventory Manager can be backed up to an SD card or Dropbox. Unfortunately, you can’t automate the data-backup process, so you will have to remember to do it manually to prevent the loss of essential inventory information.
You can automatically back up the database on your Fishbowl Server on a scheduled basis by adjusting the settings in the Schedule module of Fishbowl Manufacturing or Fishbowl Warehouse. To be on the safe side, you might want to set up daily backups so almost nothing is lost in case of an emergency. The data can be restored to Fishbowl Go from that backup database, if necessary. Fishbowl Hosted Services is a server hosting solution that keeps your data safe, secure, and accessible through the cloud. It also performs daily data backups, so if you would like to have this job done for you at a low cost, then that’s a good option.
THE BETTER OPTION
As you can see, myStock Inventory Manager is a solid, simple solution that allows users to manually perform some inventory management tasks while Fishbowl Go gives you the ability to automate many of those tasks and do much more. Manufacturing, packing, shipping, sales orders, and detailed reports are beyond the capabilities of myStock Inventory Manager, but they are standard features in Fishbowl Go, in addition to picking, receiving, scrapping, and transferring goods, and backing up data on a scheduled basis.
Fishbowl Go and myStock Inventory Manager are inventory apps that can be used on Android and Apple devices. Fishbowl Go offers picking, packing, shipping, receiving, transferring, adding inventory, scrapping, cycle counting, part tracking, work orders, sales orders, delivery confirmation, reports, and automatic data backups. MyStock Inventory Manager only offers picking, receiving, transferring, adding inventory, scrapping, cycle counting, part tracking, limited reports, and manual data backups.