There are so many different enterprise inventory management software solutions that making a shortlist of the best can be tricky. You want comprehensive tools for tracking stock levels, optimizing order and supply chain processes, and integrating with various business systems—and now need the right pick for your online store. I've got you covered! In this post, I share from my personal experience as an ecommerce manager using many different enterprise inventory management platforms with large businesses, and recommend my picks of the best enterprise inventory management software overall.
Linnworks is a robust, cloud-based enterprise inventory management software designed to automate and centralize inventory, order management, and fulfillment processes across multiple sales channels for large-scale businesses.
Why I picked Linnworks: As enterprise inventory management software, Linnworks excels by offering comprehensive tools for managing complex inventory systems, stock forecasting, and warehouse management, facilitating seamless multi-channel selling, and providing detailed analytics for strategic decision-making.
Additionally, its pricing structure allows for scalability based on the volume of operations, making it a versatile software for companies in growth stages.
Linnworks Standout Features & Integrations
Features include its batch and serial number tracking which enhances traceability and quality control, making it essential for compliance and customer satisfaction. Its global multi-channel integration synchronizes inventory across international marketplaces and websites, and its advanced reporting offers in-depth insights into inventory performance and sales trends. Key for optimizing stock levels and forecasting.
Integrations include eBay, Amazon, Shopify, Magento, WooCommerce, BigCommerce, Royal Mail, FedEx, UPS, DPD.
- Provides powerful analytics for informed decision-making and growth
- Automates key processes, reducing manual effort and errors
- Enables efficient management of large-scale, complex inventories
- The complexity of features might necessitate additional training
- May require significant setup and customization effort
SkuVault is a powerful, cloud-based enterprise inventory management software designed to optimize warehouse operations, streamline inventory and order management, and improve accuracy across multiple channels.
Why I picked SkuVault: This tool excels in providing comprehensive solutions for enterprise inventory management, offering tools for accurate tracking, efficient processing, and data-driven decision-making. Additionally, it allows for accurate tracking of inventory across multiple ecommerce channels, with the ability to create unique SKUs and define item attributes for easy location within the warehouse.
SkuVault Standout Features & Integrations
Features that make this tool stand out include its Hyperwave technology which enhances inventory accuracy and speed, and makes it great for rapid stock updates. The quality control module reduces errors and ensures product quality, which is essential for maintaining brand reputation. Finally, its advanced reporting offers deep insights, helps in forecasting.
Integrations include Shopify, Amazon, eBay, Magento, WooCommerce, BigCommerce, QuickBooks Online, ShipStation, UPS, and FedEx. There is also an API available if you want to build custom integrations with your current tech stack.
- Advanced reporting for insightful analytics
- Integrates with major sales channels and shipping services
- Comprehensive inventory tracking
- Potentially high cost for small businesses
- Can be complex for new users
Zoho Inventory is an end-to-end inventory management solution that will automate many processes, including the reorder process when product levels fall below set thresholds.
Why I picked Zoho Inventory: If you need robust automation options for your inventory management processes, I picked Zoho Inventory just for you. You can use Zoho Inventory to automate processes such as inventory replenishment. As soon as your inventory levels reach a specific point that you establish, the system will automatically send a purchase order to your suppliers. While Zoho Inventory manages your stock levels when new orders arrive, you can still handle quantity adjustments, when necessary, after identifying item number disparities in the platform from the numbers on your shelves.
Zoho Inventory Standout Features and Integrations
Features available in Zoho Inventory that you will find valuable are its ability to fulfill sales orders to keep your customers happy. The platform’s barcode scanning support allows you to process product movements by enabling your warehouse teams to simply scan barcodes to monitor products. It provides support for multiple warehouses and allows you to view and track product levels at each location individually.
Integrations are available in Zoho Inventory that is native to the platform, including ActiveCampaign, Avalara, B2B Gateway, Google Shopping, HubSpot, Mailchimp, QuickBooks, Salesforce, Slack, SPS Commerce, and other software options. Zoho Inventory also provides an API that will allow you to make custom connections.
- Affordable pricing.
- Easily customizable.
- Fits many business needs.
- Tech support needs work.
- Some features are slow.
Brightpearl is designed to help ecommerce businesses sell products any way they want, including B2B sales and wholesale distribution.
Why I picked Brightpearl: If you’re using multiple sales channels in your organization, one of the best parts of Brightpearl is its ability to manage inventory and orders across each one. You can sync sales across each platform within Brightpearl as well as track all inventory and where they’re going. The automation capabilities in the software also allow you to process and ship orders faster. If you’re managing multiple online stores and significant sales volumes, I believe Brightpearl would be a good investment.
Brightpearl Standout Features and Integrations
Features that make Brightpearl standout are its shipping and fulfillment solutions that will help you get inventory in boxes and out your door quickly. That’s because Brightpearl will manage inventory, orders, warehouses, shipping, and fulfillment from the same platform. It will keep you updated when orders are placed, boxed, and shipped.
Integrations are available from Brightpearl, including built-in connections such as backbone, BigCommerce, CommerceHub, FreightPOP, Magento, Mailchimp, QuickBooks, ShipStation, Shopify, WooCommerce, and other software options. Brightpearl also provides an API that allows you to create custom integrations with your current systems.
- Automates entire order management process.
- Provides accurate stock levels.
- Excellent implementation consultants.
- Doesn’t export complete product lists.
- Steep learning curve.
inFlow Inventory gives access to 38 reports that provides a significant number of insights so businesses can get in-depth information regarding product inventory and identify what’s working.
Why I picked inFlow Inventory: Business intelligence can be crucial, and I added inFlow Inventory to this article because inventory management requires insights to help you make the best possible decisions. The inventory reports from inFlow include summaries, price lists, costs, counts, and stock reordering reports. The inventory reports can help you get in-depth intelligence regarding a significant number of inventory aspects.
inFlow Standout Features and Integrations
Features from inFlow can help ensure you will keep your customers happy. With each new order, inFlow will automatically reserve the inventory so it doesn’t accidentally get sent or sold to another customer. Your sales team will also get notifications from the platform when attempting to sell more stock than what’s available.
Integrations are available to help manage inventory processes, such as Asendia, BigCommerce, CommerceHub, Courier Express, Ecwid, Keap, Magento, QuickBooks Online, Salesforce, WooCommerce, and other software options. You can also connect inFlow to a paid Zapier account to create custom integrations.
- Simple to use.
- Accurate inventory counts.
- Real-time information.
- Some glitches.
- Product types can’t be edited.
Megaventory helps businesses oversee and track the product assembly process and monitor their inventory, ordering, and fulfillment.
Why I picked Megaventory: Some organizations assemble different materials together to create their products before customers buy them. To make this list robust, I needed to add a solution that focuses on this complex process, which is why I added Megaventory. It breaks down the complexity of the product assembly process into modular steps that help you handle purchase orders from suppliers and tracks the change in inventory levels when you receive materials.
Megaventory Standout Features and Integrations
Features within the Megaventory platform provide access to relevant information from its detailed activity records. Megaventory will help you create reports so you can track the movement of inventory and evaluate your organization’s business performance. You can quickly create several types of documents, such as quotes; picking, packing, and delivery slips; and bills of materials.
Integrations allow you to do more with Megaventory by connecting with various third-party apps, such as Crossfire Cloud EDI, Lokad, Magento, QuickBooks, Shopify, SPS Commerce, and WooCommerce. Megaventory also allows you to make custom integrations through a paid Zapier account or with its developer API.
- Excellent customer service.
- Easy to set up.
- Slow at times.
- Not much automation.
Fishbowl offers straightforward integration with QuickBooks to simplify the process of balancing accounting books after sales or adjusting accounts after inventory audits. By handling accounting processes and inventory management, Fishbowl will feel more like an enterprise resource planning platform.
Why I picked Fishbowl: Fishbowl is the perfect fit for your ecommerce business if you’re already using QuickBooks to manage your accounting needs. During my research, I noticed there are many enterprise inventory management options that work with QuickBooks, but Fishbowl’s inventory features are specifically designed to work with the popular accounting tool. For any business that doesn’t work with QuickBooks, Fishbowl is still a great inventory management solution because it still provides the capabilities you need to manage stock, set up inventory reorder levels, and automate purchase orders for items you need on a regular basis.
Fishbowl Standout Features and Integrations
Features that put Fishbowl ahead of what you would find in other inventory management options are its real-time part-tracking capabilities. If your products require multiple parts that you assemble, you can use Fishbowl to track the status and location of individual components - right down to the shelf or bin number in your warehouse.
Integrations are available when implementing Fishbowl in your ecommerce business, including dozens of options such as Avalara, BigCommerce, Endicia, HubSpot, QuickBooks, Salesforce, ShipWorks, WaspBarcode, WooCommerce, Zoho CRM, and other software options.
- Real-time purchase order creation.
- Remote access.
- Easy to learn.
- Not very customizable.
- Integrations are challenging.
Unleashed is a robust cloud-based inventory management software that allows fast-growing warehouses to manage inventory in real time.
Why I picked Unleashed: I added Unleashed to the list of ecommerce organizations that need advanced warehouse management due to fast growth. One of the great things about Unleashed is that you can manage all warehouse locations, no matter which pricing tier you select. It supports unlimited warehouses, products, and transactions, and its basic production features allow you to implement your chosen inventory management strategy.
Unleashed Standout Features and Integrations
Features available in Unleashed are what you would normally find with other options, but what makes Unleashed stand out is that you will find these features in every plan. This includes up-to-date, real-time inventory control, serial number tracking, and barcode scanning to help you simplify inventory management processes.
Integrations that you can find from Unleashed include native connections, such as Lokad, Magento, QuickBooks, Salesforce, Shopify, SPS Commerce, Vend, Wink Reports, WooCommerce, Xero, and other software options.
- Manages unlimited warehouses.
- Easy to learn.
- Slow at times.
- Reporting isn’t flexible.
Odoo is an open-source ERP with an inventory management module that will run inventory operations for businesses. The inventory management module interconnects with the purchase, sales, point of sales, and other critical aspects of the software.
Why I picked Odoo: As an enterprise-sized organization, I understand that you might have a significant budget set aside for your inventory management platform. But to be thorough, I added Odoo to the list because it’s a business management ERP that offers 37 apps, including an inventory management module. It’s open source, so you don’t have to pay for the inventory management capabilities, and you’ll receive an application that will effectively help your business with warehouse management. Odoo is an excellent choice if you need a solution to manage moving products between warehouse and business locations.
Odoo Standout Features and Integrations
Features from Odoo that makes it relevant to this article include its inventory tracking capabilities that allow you to see where your inventory is anywhere in the world. The inventory tracking feature also provides automatic stock replenishment and a sales tab to help track sales and product movement.
Integrations available include over 150 native connections to make your ecommerce enterprise more efficient, such as FastBound, Gigasheet, HubSpot CRM, Mailchimp, Microsoft 365, Pipedrive, Rambox, Salesforce, Stripe, Tookan, and other software options. Odoo also provides an API that will allow you to make custom integrations with your existing systems.
- Customizable product movements.
- The platform is flexible.
- Simple integration with other modules.
- Appropriate training is needed.
- Barcode app isn’t user-friendly.
QuickBooks Enterprise helps businesses automate multiple inventory and order management processes to reduce errors that impact sales margins.
Why I picked QuickBooks Enterprise: Since enterprises typically are significant in size, they use automation to help with their inventory management processes to enhance accuracy and productivity. When learning about QuickBooks Enterprise, I saw that they provide extensive automation capabilities, so your large enterprise or growing medium-sized business can decrease order fulfillment times, get real-time inventory visibility, and achieve less inventory surplus. Also, with real-time inventory information available, you can set realistic delivery expectations to keep your customers happy.
QuickBooks Enterprise Standout Features and Integrations
Features that QuickBooks Enterprise provides that align with inventory management are its inventory tracking capabilities. With this, you can track inventory in the way that fits your enterprise best with three levels of warehouse location tracking, such as rows, shelves, and bins. You can also transfer inventory between multiple locations without experiencing delays.
Integrations are available for QuickBooks Enterprise, including CorelIMS, IMA360, Lightyear, Microsoft 365, OleaERP, Online Check Writer, Rapid Inventory, Scheduling Manager, TrueCommerce, X-Cart, and other software options.
- Simple to navigate.
- It’s very versatile.
- Quickly absorbs third-party data.
- Steep learning curve.
- Custom reporting is complex.
Best for reducing inventory management costs
SAP S/4HANA Cloud
Best for integrations
Best for warehouse management
Best customizable enterprise inventory management software
Best for inventory management with CRM and sales module
Best for scaling.
Best for small business/startups
Best for tailoring to business requirements.
Best agile inventory management tool.
Best for accurate inventory data.
Selection Criteria for Enterprise Inventory Management Software
Perhaps you're wondering how I selected the best enterprise inventory management software for this list? To build this top 10 list, I evaluated and compared a wide range of enterprise inventory management software with positive user ratings. I asked myself: What is inventory management and what does it take to get it right? Then, I looked for software solutions that spoke to the pain points of a seasoned ecommerce manager.
After determining my long list of top choices, I further honed my list by using the selection criteria below to see how each platform stacked up against the next one. I also drew on my years of ecommerce experience to pinpoint the features that add a lot of value. Here’s a short summary of the main selection and evaluation criteria I used to develop my list of the best enterprise inventory management software for this article:
Enterprise inventory management software consists of tracking and controlling stock between your suppliers, warehouse, and customers. The core functionality of these tools includes:
- Monitor stock levels, including raw materials and finished goods, and ensure the product gets to the right customer after taking payment
- Ability to connect to an ecommerce platform, whether by native integrations or API, Zapier, etc.
High Volume Handling
"Enterprise" inventory software stands out from "regular" inventory software in that it is meant to accommodate much bigger businesses with higher volumes of stock and sales. I looked for software solutions that can accommodate a large volume of product data, can handle 6 figures+ in sales, and can accommodate multiple HQ, warehouse, or storefront locations. I also want something flexible and scalable, so that it can size up as you grow.
Before creating this list, I did the proper research to determine whether the tools play well with the tech stack you’re already using and paying for. Since you’re operating an enterprise-level organization, you likely have relevant data in other systems, such as a customer relationship management solution, POS system, or accounting software. I cross-checked each solution to ensure that they can integrate, either through native integrations, webhook programs such as Zapier, or an accessible API, with the top operational software.
Value for Price
When researching the price value, I considered whether a platform offers a free trial and the affordability of the lowest and highest price levels. The prices you can see in this list are the lowest level option for each platform and range from $31.10/month to an over $4,000 one-time fee. Because this list focuses on enterprise-level companies, you can expect these plans to support high sales volumes and more features, such as advanced analytics and automation processes, to ensure you get the most value possible.
What is Enterprise Inventory Management Software?
Enterprise inventory management software is a robust, comprehensive tool designed for managing inventory across large and complex business operations. It facilitates tracking of vast stock levels, integrates with multiple business systems, and streamlines supply chain processes. This software is tailored to handle high-volume transactions, diverse product lines, and operations across multiple locations or channels.
The purpose is to help large organizations maintain precise inventory control, optimize operational efficiency, and support data-driven decision-making, thereby enhancing overall business performance and scalability.
Features of Enterprise Inventory Management Software
When considering new enterprise inventory management software, there will be some key features you will want. If you’ve narrowed down your choice to two or three choices, ensuring they have the following features can help you make the right choice:
- Real-Time Inventory Tracking: Your inventory management tool must show you exactly what you have and where it is, no matter the size of your stock, so it reflects where your products are moving in real time.
- Real-Time Inventory Value: Your financial department will want to know how much your inventory is worth, so your inventory management software needs to provide real-time, accurate updates.
- Low Stock Alerts: Enterprise inventory management software should allow you to set automatic alerts when levels for important stock are running low and provide a way for you to quickly create a purchase order with that information.
- Purchase and Supplier Management: This will help you and your teams save time and reduce errors from manually transferring inventory details into purchase orders or when copying and pasting supplier details.
- Unlimited SKUs: Because of the size of your enterprise, implementing an inventory management system that doesn’t limit the number of products, customers, transactions, and suppliers you can add will be essential.
- Kitting and bundling: The process of grouping individual items into ready-to-ship sets or packages as a single SKU to streamline order fulfillment and enhance efficiency.
- Inventory Reporting: The main point of using enterprise inventory management tools is to reduce the amount of admin work and make scaling more efficient - which means it’s essential to have reporting features that will provide vital inventory data.
- Marketplaces: Business owners know they need to be selling everywhere to compete these days, so I want software that connects to Amazon, eBay, Walmart, and elsewhere.
- Dropshipping order fulfillment: Pul inventory from other websites/marketplaces into your storefront and sell it at a markup. This lets you tap into products you don't usually stock without having to worry about buying and storing them first.
- Add-ons for invoicing: Even if the software doesn't have invoicing built in (that's okay!), I look for a way to leverage integrations or plugins to ensure you can streamline advanced inventory invoicing processes.
- Mobile app support: The mobile app may not have full functionality but should support the general ins and outs of your inventory needs; a common example is some inventory software turns your iOS/Android devices into barcode scanners.
Who uses enterprise inventory management software?
Enterprise inventory management software is a good fit for businesses in need of a platform that will handle the time-consuming daily inventory management activities in one place. As an ecommerce organization continues to increase its product lines, it also becomes more challenging to manage all of its inventory. So, any ecommerce business, including small and medium-sized companies, that are experiencing significant growth and need an inventory management system that can handle complex processes can benefit from these tools.
What are the benefits of enterprise inventory management software?
Inventory management software is designed to improve your inventory management processes and systems. Enterprise inventory management software provides many benefits for many organizations, including:
- Reduced Costs: Organizing your inventory can reduce the errors you experience, which results in using fewer resources to fix them and less money for damage control.
- Inventory Accuracy: For many ecommerce businesses, inventory isn’t always accurate, and one of the most helpful benefits of inventory management is that it reduces the inventory you have to keep available when improving order accuracy.
- Improved Data Visibility: Business intelligence is necessary to stay ahead of the competition, and your inventory management software can gather data, such as inventory destination, biggest customers, and customer demand, that your marketing teams can use to increase conversions and profit.
- Insufficient Stock Prevention: 34% of businesses have shipped an order late because they inadvertently sold a product that wasn’t in stock, and enterprise inventory management software uses complex algorithms with your company data to determine reorder points for various products.
- Better Customer Service: Increasing accuracy ensures that you send products to the right place at the right time, and providing customers with the tools they need to determine when they’re supposed to receive their package in real time can reduce their worries.
- Advanced Features: Enterprise solutions tend to be more feature-rich than their cheap or free counterparts; you can take advantage of deeper customization options, added layers of security, dedicated customer service, and more data storage.
What are the different types of enterprise inventory management?
Some of the different types of enterprise inventory management include:
- Push: Buying stock based on demand forecasts.
- Pull: Buying stock based on customer demand.
- Just-in-time techniques: Buying stock right when it is requested.
- First in, first out (FIFO): Assumes the first goods purchased are the first goods sold
Additional Ecommerce Software Reviews
Here are some other types of ecommerce software to consider for your organization when searching for tools to enhance business efficiency and productivity.
- Inventory Management Software
- Retail Inventory Management Software
- Cloud-Based Inventory Management Software
- Free Inventory Management Software
- Simple Inventory Management Software
Tracking your inventory is essential so you can sell products at the right time and increase profits. Luckily, enterprise inventory management software is available in different shapes and sizes and provides various capabilities to fit different ecommerce businesses. This means you shouldn’t take the process of finding the right platform lightly. Along with the features, pricing, and benefits, you should also consider your team members who are going to use the software and their requirements.
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