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10 Best Inventory Management Software For Ecommerce [2022]

The Best Inventory Management Software

Here’s the list of the best inventory management software solutions I’ll cover in this article:

  1. Acumatica

    An integrated inventory management software that helps businesses manage operations at scale

  2. Zoho Inventory

    Best for free inventory management software

  3. Sage X3

    Best for reliable asset tracking

  4. Fishbowl

    Best warehouse and manufacturing management solution

  5. Cin7

    Best for advanced multichannel inventory and order management

  6. Sortly

    Best for inventory management for SMBs

  7. Trunk

    Best for syncing inventory across multiple platforms

  8. Wasp

    Best for businesses that are ready to scale

  9. InFlow

    Best for all-in-one inventory management

  10. Netstock

    Best demand forecasting and supplier management

For any eCommerce business, keeping track of stock is a critical function. Forget relying on spreadsheets. You need detail on how much stock you have, where it is, and how quickly it is selling. Efficient management of products can add a lot of profit to the bottom line and reduce customer support inquiries, so you need to take this topic seriously.

In this article, I’ll discuss the top picks for inventory management software today. I’ll show you which applications to consider and highlight the strengths they have to offer. You’ll be able to cut to the chase and select the perfect tool for your eCommerce business.

Comparison Criteria

What do I look for when selecting the best inventory management software tools? Here’s a summary of my evaluation criteria: 

  1. User Interface (UI): I expect an intuitive interface that empowers users to drill deep to get granular data and insights.
  2. Usability: I look for a system that makes it easy to manage a large number of products and identify the key information.
  3. Integrations: I prefer an inventory management system that integrates with eCommerce platforms, accounting software, ERP solutions, CRM apps, and marketing tools. For example, I want a product that connects to services like Amazon, Shopify, QuickBooks, eBay, WooCommerce—everything you’d expect! 
  4. Value for $: I look for software that’s affordable for eCommerce startups while also meeting the needs of larger players at a cost that makes sense.

Inventory Management Platform: Key Features

When selecting an inventory management system, here are the core features you should look for:

  1. Inventory tracking: maintaining records of all orders received, orders filled, and refill requirements.
  2. Product categorization: effectively tracking inventory for products in different categories, managing migration between categories, and making products easily searchable.
  3. Barcoding & tagging: saving time and reducing human error by using barcode scanning to enter products into the system.
  4. Automatic replenishment of stock: creating purchase orders as soon as stock levels fall below a specified threshold.
  5. Inventory forecasting: calculating future stock requirements to allow for seasonal demand and other factors.
  6. Inventory alerts: alerting managers by email or SMS to inform them of key news such as shipment status and issues in the inventory pipeline.
  7. Inventory security and backups: protecting your eCommerce assets through bulletproof security and regular backups of all inventory data.
  8. Stock returns handling: keeping track of returned goods and ensuring that they are handled optimally.
  9. Scalability: having the potential to grow with the business, handling larger volumes of data and more complex business requirements.

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Overviews Of The 10 Best Inventory Management Software for Ecommerce

Here’s a brief description of each inventory management app to showcase each tool’s best use case, some noteworthy features, and screenshots to give a snapshot of the interface. 

1

Acumatica

An integrated inventory management software that helps businesses manage operations at scale

Acumatica is an inventory management software that’s designed to help simplify core inventory processes through flexible item management, quality traceability, and robust replenishment to balance your supply and demand.

This inventory management software is equipped with features and capabilities that enable you to optimize your stock levels, so you can avoid rush orders or stock-out situations.

You can define nearly every aspect of the inventory management process, including order quantities, lead times, reorder points, safety stock, location defaults for shipping, item descriptions, and pricing.

This functionality enables you to have 360 control of your inventory management and operations from a single space, enabling you to reduce manual work and consolidate management costs.

Pricing varies based on modules used per plan and requires a custom quote.

Pricing based on functionality used

2

Zoho Inventory

Best for free inventory management software

Zoho Inventory is a cloud-based inventory management system that sits within the Zoho business software suite. Features include vendor-managed inventory, reporting, analysis, and lot traceability. Mobile apps are available for both Android and iOS devices.

With Zoho Inventory, you get the advantage of free software, plus the assurance of working with a quality business software tool. The benefits include features such as shipment estimating, tracking, bill of materials and delivery confirmation.

Users can create purchase orders, backorders, and drop shipments, as well as track every inventory item by serial number. This application integrates with various eCommerce platforms and PoS systems, including Amazon, Etsy, eBay, Shopify, Magento, Bigcommerce, WooCommerce, and TradeGecko.

Zoho Inventory is available free of charge.

3

Sage X3

Best for reliable asset tracking

Sage X3 is a powerful ERP and inventory management system that helps companies respond to change, reduce excess inventory, and cut costs. The software can be deployed in the cloud, on-premises, or using a hybrid of both. It is designed to be a multi-company, multi-country, and multi-site solution.

Sage X3 uses inventory trackers to manage stock assets effectively. This is combined with Just-in-Time inventory management to ensure that products are stocked only when they are needed.

This allows companies to minimize the costs of storing and maintaining unsold products. This suite integrates with other Sage applications and industry-leading software.

Sage X3 offers customized pricing on request.

4

Fishbowl

Best warehouse and manufacturing management solution

Fishbowl is a hybrid warehouse and manufacturing management solution. The software offers features including inventory control and automatic reorder points. It can also predict inventory requirements based on sales trends and facilitate stock transfer between warehouses.

This suite not only integrates with QuickBooks but also adds many inventory features that QuickBooks omits. These include barcode scanning and part tracking.

Fishbowl works with both QuickBooks Desktop and QuickBooks Online. Fishbowl integrates with eCommerce platforms such as Amazon, Magento, Shopify, and eBay.

Fishbowl offers customized pricing on request.

5

Cin7

Best for advanced multichannel inventory and order management

Cin7 is a cloud-based retail management solution that includes support for eCommerce businesses. Features include inventory management, point of sale systems, FIFO and reporting. This platform allows online retailers to manage online, B2B, retail, and wholesale channels.

They can track inventory levels across various locations to avoid stockouts or overstocks. The multi-location, multichannel capability combines every sales channel, from POS to EDI, in a single automated solution with real-time visibility.

This gives admins the control to optimize warehousing, process work orders, and fulfill sales from any kind of customer through any channel.

Cin 7 integrates with many retail and eCommerce platforms, including Etsy, Walmart, Wayfair, and GoSweetSpot.

Cin7 costs from $299/user/month. There is no free trial.

No free trial

From #299/user/month

6

Sortly

Best for inventory management for SMBs

Sortly is a cloud-based inventory management solution that caters specifically to the small business market. The software offers a range of features, including location tracking, barcoding, activity tracking, and audit trails. The Apple and Android mobile apps make it possible to manage inventory from anywhere.

Sortly is designed to be easy to use and suitable for small and growing businesses. Users can add notes or tags to items, search and track products or print customizable QR labels. They can also scan UPC, ISBN, and EAN barcodes to find specific items, plus send reminders for loaned items, warranty expirations, or return dates.

The company is currently developing API integrations with popular accounting and eCommerce providers, including QuickBooks Xero and Shopify.

Sortly costs from $25/user/month, and a 14-day free trial is available.

14 days free trial

From $25/user/month

7

Trunk

Best for syncing inventory across multiple platforms

Trunk is a cloud-based software solution that enables eCommerce enterprises to manage and list products across multiple sales channels. Users can automatically link listings with SKUs to eliminate duplicate entries and improve workflow.

Trunk is designed to make multi-channel inventory management easy. Managers can create quantity packs and categorize products into customizable bundles.

They can also configure system settings to track inventory levels and display updated listings centrally. Thousands of SKUs can be synced within minutes. This application integrates with Etsy, Square, eBay, Squarespace, and Shopify.

Trunk costs from $35/user/month and offers a 14-day free trial.

14 days free trial

From $35 per month

8

Wasp

Best for businesses that are ready to scale

Wasp Inventory Control is designed to help small businesses that are ready to grow fast. Features include real-time tracking, barcode scanner options, cycle counts, and supplier management. Admins can also manage maximum and minimum stock levels and create email purchase orders.

Wasp began with the desire to provide easy, straightforward, and error-free tracking solutions for small businesses but now has the capacity to deal with enterprise-level organizations. The software is ready to use out of the box but has the robust features needed as a business scales.

It provides a centralized process for managing the ordering, receiving, and picking of both inventory and non-inventory items. Wasp integrates with inventory systems such as Fishbowl.

Wasp costs from $49.58/user/month.

From $49.58/user/month

9

InFlow

Best for all-in-one inventory management

inFlow provides tools for tracking products quickly, together with accurate inventory management and optimization. The software allows you to receive, transfer or fulfill stock in real-time. The suite also includes manufacturing add-ons for quick kitting and raw materials assembly.

inFlow is designed to be a one-stop shop for inventory management. In addition to a wide range of inventory management features, the software covers barcode scanning, customizable access rights, and support for mobile devices.

B2B portals make it possible to send customized prices and catalogs to specific customers. This tool integrates with top eCommerce marketplaces, including Shopify, Amazon, WooCommerce, and Squarespace.

inFlow costs from $49.80/user/month, and a 14-day trial with unlimited features is available.

14 days free trial

From $49.80/user/month

10

Netstock

Best demand forecasting and supplier management

Netstock is a cloud-based inventory management solution that provides a unified platform for demand forecasting and supplier management. Features include replenishment, multi-channel distribution, procurement, and data management. The reporting module enables users to gain insights into customer activities using graphs, analytics, and KPIs.

The platform allows managers to track inventory levels and plan future demand based on consumer behavior and market trends. Managers can track sales orders through their life cycle, automatically calculate lead times, and streamline stocking policies to meet business needs.

This application integrates with platforms like SAP Business One, LOCATE Inventory, Acumatica, Sage, NetSuite, and Dear Inventory.

Netstock provides customized pricing on request.

The Best Inventory Management Software Summary Table

Tool Free Option Price
1
Acumatica

An integrated inventory management software that helps businesses manage operations at scale

Not available

Pricing based on functionality used Visit Website
2
Zoho Inventory

Best for free inventory management software

Not available

Visit Website
3
Sage X3

Best for reliable asset tracking

Not available

Visit Website
4
Fishbowl

Best warehouse and manufacturing management solution

Not available

Visit Website
5
Cin7

Best for advanced multichannel inventory and order management

No free trial

From #299/user/month Visit Website
6
Sortly

Best for inventory management for SMBs

14 days free trial

From $25/user/month Visit Website
7
Trunk

Best for syncing inventory across multiple platforms

14 days free trial

From $35 per month Visit Website
8
Wasp

Best for businesses that are ready to scale

Not available

From $49.58/user/month Visit Website
9
InFlow

Best for all-in-one inventory management

14 days free trial

From $49.80/user/month Visit Website
10
Netstock

Best demand forecasting and supplier management

Not available

Visit Website

Need expert help selecting the right Inventory Management Software?

We’ve joined up with the software comparison platform Crozdesk.com to assist you in finding the right software. Crozdesk’s Inventory Management Software advisors can create a personalized shortlist of software solutions with unbiased recommendations to help you identify the solutions that best suit your business’s needs. Through our partnership you get free access to their bespoke software selection advice, removing both time and hassle from the research process.

It only takes a minute to submit your requirements and they will give you a quick call at no cost or commitment. Based on your needs you’ll receive customized software shortlists listing the best-fitting solutions from their team of software advisors (via phone or email). They can even connect you with your selected vendor choices along with community negotiated discounts. To get started, please complete the form below:

Other Inventory Management Solutions

Here’s a few more that didn’t make the top list.

  1. Katana –  Web-based, material requirements planning application that meets the needs of small and medium-sized businesses.
  2. Salesforce Commerce – Agile eCommerce cloud platform that’s a good fit for Salesforce users.
  3. ParagonSMB – Helps small businesses manage inventory, fulfillment, and shipping.
  4. TrueCommerce – Integrates everything from inventory management and fulfillment to digital storefronts and marketplaces.
  5. ECI ScanIT – Inventory management system that offers greater control and reduced costs through mobile scanning. 
  6. ShipStation – Specialized shipping software that makes order fulfillment quicker, easier, and more affordable. 
  7. Infoplus – Cloud-based warehouse management software designed to power high-volume growth.
  8. Acctivate – Protects inventory investment and amplifies supply chain visibility.
  9. UpKeep – Delivers powerful insights to control costs better and ensure you have sufficient supply in stock.
  10. MarginPoint – Offers real-time visibility and control of inventory regardless of supplier or where the stock is stored. 
  11. Square for Retail – Point-of-Sale system designed for running retail businesses of every size and type. 
  12. ECOUNT – Low-cost, web-based Enterprise Resource Planning and inventory management system. 
  13. 3PL Warehouse Manager – Cloud-based warehouse management platform that automates time-consuming tasks and delivers high levels of visibility. 
  14. SKUlab – All-in-one eCommerce solution for managing multi-channel orders and controlling inventory.
  15. SwiftCount – Range of software tools for optimizing inventory-based businesses.
  16. Finale Inventory – Cloud inventory software for applications involving high volume, multi-channel eCommerce and warehouse management.

You may also want to check out the 10 best inventory management systems or our top selections for multi-channel eCommerce software

Are there any free inventory management software?

There are many free inventory management tools, including Odoo, Zoho Inventory, Boxstorm, and Stockpile. However, you will usually find that free applications offer limited features and functionality. 

Free plans may be useful for testing out basic capabilities and the user interface. But most business owners soon graduate to paid pro tools that offer the advanced performance needed to run a successful eCommerce store and enhance customer relationships.

Related Read: Ecommerce Warehouse Process: Turn It Into A Competitive Advantage

The Best Inventory Management Software Solutions for Ecommerce Business Leaders

With the right SaaS software, you will be well on your way to success in the competitive world of online retailing. 

Ecommerce is a fast-moving world, and you need to stay abreast of developments. So be sure to sign up for our free newsletter to get the latest news and updates from the world of eCommerce management. 

Related Read: Lean Inventory: Highly Functional Warehouses Propel Businesses To Success In E-Commerce

Worth Checking Out: What Is Economic Order Quantity (EOQ)?

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By Finn Bartram

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