Ecommerce inventory management software for ecommerce is a topic of great interest for many. And it’s not just about the words that you’re reading now. There’s plenty more information available if you know where to look.
One of the most challenging aspects of owning an ecommerce business is juggling inventory, fulfillment, and operations. But software can help. Ecommerce software for inventory management is designed to improve efficiency, sales and profits by helping small business retailers more effectively manage their product inventory from start to finish with industry-leading retail systems and proven ecommerce best practices.
As a webmaster, you need to build an online inventory management software that allows ecommerce businesses to operate as efficiently as possible with full control of their inventory and products. Ecommerce businesses should have an easy time keeping track of their products.
A business can’t operate on the basis of guesswork, which is why a firm needs to choose the best inventory management software for ecommerce. As there are several packages of inventory management software that are currently available in the market, it is rather impossible to find out a perfect package. It is also true that there still may be a chance for you to go for some wrong solutions to shop inventory.
Which is the best inventory management software?
Finding the right inventory management software is important, especially when your business is growing.
Managing inventory and marketing at the same time is difficult, which means you need software that keeps you updated on what products you have in hand and create an effective marketing strategy accordingly.
1. NetSuite
NetSuite is an all-in-one business solution to help you with inventory management, accounting, and marketing. NetSuite is helpful for businesses of all shapes and sizes.
Think of it as a cloud-based inventory system that brings together the back-office and financial processes on a single dashboard.
NetSuite was acquired by Oracle in 2016, so it has the resources of a billion-dollar company behind it.
Features
- Multilingual support
- Revenue recognition
- Built-in business intelligence
- Retail inventory management
- Over 350 integrations
- Global support
- Kitting
- Forecasting
- Production identification
- Multi-warehouse support
- Integrated POS
- Order management
- Supply chain management
- Fully responsive
- Multi-currency feature available
- Dropshipping option
- Tax compliant
Price
Pricing starts at $99/month. Alternatively, you can sign up for a free Netsuite ERP demo on their website.
2. Zoho Inventory
The only reason Zoho Inventory is in the second position is because of some extras NetSuite has to offer like forecasting. Putting that aside, Zoho Inventory is the best inventory management software in the marketplace.
Zoho Inventory is tightly integrated with other apps in the suite. You can use this software for both inventory tracking as well as creating sales orders and invoices.
Zoho Inventory also has a built-in integration for WooCommerce.
Features
- Multi-channel support for Amazon, eBay, Etsy, Shopify, and more
- Inventory reports
- Order fulfillment with integrations for 40+ shipping carriers
- Calculate real-time shipping rates and print labels
- Multilingual and multi-currency
- Backorders available
- Invoicing and billing available
- Multiple store integration
- CRM software
- Dropshipping option
- Android/iOS support
- Free setup assistance
Price
Zoho Inventory has scalable pricing options. Their plans are solely based on usage limits for limits such as:
- Online orders per month
- Offline orders per month
- Shipping labels per month
- Shipment trackings per month
- Warehouses
- Users
This means you only pay for the features you want depending on your business size.
The four plans are:
- Free – $0
- Basic – $49
- Standard – $99
- Professional – $249
You can also use Zoho add-ons for adding to your usage limits.
3. ecomdash
Ecomdash is a fairly simple cloud-based, multi-channel inventory management software that offers an interface to manage inventory, orders, and shipments from the same admin panel.
It is the best option for small to mid-sized inventories. You can easily manage multiple inventories using ecomdash.
Feature-wise, again ecomdash is one of the most unique inventory mapping systems. Check out a more in-depth feature list below.
In 2019, ecomdash was acquired by Constant Contact/Endurance International Group (EIG).
Features
- Multichannel inventory management
- Integrations for WooCommerce, Shopify, Amazon, eBay, and more
- Fulfillment by Amazon (FBA) management
- Unlimited support
- Order fulfillment with real-time shipping rates and label printing
- Set custom alerts
- Product SKU mapping
- eCommerce API
- Easy product and sales tracking
- Track manufactured items
- Bundles and multipack listing
- Free inventory resources
- Unlimited integrations
Price
You can try this software with a 14-day free trial. Paid plans are slightly more sophisticated.
Their pricing is based on sales per month. For instance, if you have 100 monthly orders, you will have to pay $60 per month. If you have more than 10,000 orders, you’d have to reach out to ecomdash to set up a custom plan. Nevertheless, you can save 20% if you choose annual billing.
4. Cin7
If you are looking for something that offers inventory-specific features, then Cin7 is for you.
Cin7 easily syncs online sales channels, POS systems, and third-party integrations to offer a comprehensive inventory interface.
This automated inventory platform syncs the physical and online channels to create a more efficient order processing. All this makes it good for everyone from startups to bigger brands.
Features
- Multi-channel support
- Integrations for WooCommerce, Shopify, Magento, eBay, Amazon, and more
- Flexible inventory methods
- Accurate profitability and costs tracking
- Inventory planning
- Higher stock visibility
- Pre-order/backorder management
- Built-in B2B functionality
- Barcode, batch, FIFO and serial tracking
- Dropshipping and return inventory management
- Single-click accounting synchronization
- Real-time reporting
- Custom inventory fields
- Mobile stocktaking
- Automated inventory adjustment
- Forecasting and kitting feature
- Supplier management
- Walmart integration
- Extensive setup resources
Price
Although they have three pricing plans, you can unlock a plan for your inventory for as low as $299 per month.
5. Fishbowl
Fishbowl is the best inventory management software for growing brands and enterprise customers. It seamlessly integrates with Quickbooks for better inventory management.
This software is fully-geared towards inventory automation. The work order system enables users to create and share work orders for a variety of tasks.
When talking about the setup process, Fishbowl offers a variety of training and support resources including starting-up videos, online tutorials, in-house experts, and more.
Features
- Multi-channel inventory syncing
- Integrations for WooCommerce, Shopify, Amazon, and more
- Inventory costing
- Inventory tracking
- Forecasting
- Centralized inventory database
- Stock history reporting
- Data exporting/importing
- Multi-warehouse routing
- Barcode support
- 3PL inventory management
- WYSIWYG editor
- Shipment integration
Price
Fishbowl offers a good price based on the number of inventory-focused features it offers.
You’ll pay $4,395 for lifetime permanent ownership of the software. You’ll only need to pay again if you want to continue receiving support and updates after the first year.
Fishbowl Inventory
Fishbowl inventory might not be as well known as Zoho inventory or Quickbooks when it comes to asset management, FIFO tools, and accounting systems, but it’s gaining popularity quick. If you need an inventory management system that helps you to track inventory and assess your business needs, then Fishbowl could be it.
Whatever you want to accomplish with your business, Fishbowl is there to help, with everything from dropshipping tracking, to inventory data, barcoding, and other advanced features. What’s more, because this powerful software also integrates with some of the other most popular tools on the market you can get more done. For instance, you can integrate with Salesforce CRM, Quickbooks for accounting software, and ShipStation for shipping.
Fishbowl covers everything from manufacturing tools with work orders and asset management insights that are crucial to help smaller businesses grow, to asset tracking and warehousing. You can get real-time inventory updates, track your items by lot numbers, and monitor asset level in multiple locations at once.
Pricing
The initial cost of Fishbowl inventory management can seem a little high, at around $43,95. However, your license doesn’t expire, so you don’t have to worry about renewing every month or year.
Pros
- Integrates with various market-leading tools
- Helps with work orders and asset management
- Ideal for reporting and tracking
- Real-time inventory updates
- Non-expiring subscription
Cons
- Expensive initially
- Not very well-known
- No languages other than English
Stitch Labs
Finally, whether you’re a smaller business, or an enterprise, Stitch Labs is all about making your life easier. This is a comprehensive software solution designed for tracking everything from invoicing, to on-premise orders, and inventory items. It offers the same kind of simplicity that Quickbooks users and Zoho customers would expect, with a user-friendly interface. What’s more, growing brands can use Stitch to sell their items flexibly and check stock levels quickly on multiple channels.
The customizable experience from Stitch Labs is great for companies that want to merchandise creatively with everything from pre-discounted inventory items, to loyalty programs and more. You’ll get complete control over your inventory system, without having to use time-consuming tools.
Stitch features order management solutions, B2B wholesale management, purchasing and replenishment features, and in-depth reporting and analytics. Whatever you need to figure out how you should be selling online, Stitch Labs is there to help.
Pricing
Pricing for Stich Labs starts at around $799 per month, making it one of the most expensive inventory management options out there. However, you do get access to unlimited channels and users, and exceptional support.
Pros
- Innovative predictive analytics and sales forecasting
- Sales channels auto syncing
- Multi-channel and multi-user support
- Advanced search and user-friendly interface
- Excellent customizable experience
Cons
- Expensive price structure
- Forecasting isn’t always accurate
QuickBooks Commerce
The QuickBooks Commerce Platform lets commerce brands manage their retail and wholesale operations and applications from a single, central system. Its core capabilities and extensive app ecosystem, provide businesses with the ability to easily automate order workflows, increasing operational efficiency and customer satisfaction. It helps you manage multiple sales channels (including Shopify, Amazon, WooCommerce, Wayfair, and more), fulfillment locations, expedite payments, create private B2B eCommerce experiences for wholesale customers and seamlessly automate the connection between systems across multiple channels.
QuickBooks Commerce was designed for operations, ecommerce and supply chain professionals looking to automate their business, effectively freeing their time from repetitive, low-level tasks that are prone to human error and inefficiency. It allows you to spend more time on building on customer relationships and growing your business.
QuickBooks Commerce is perfect for small and medium businesses, and its Founder plan starts from $39/month.
Pricing
Prices for QuickBooks Commerce start at around $35 per month for the Founder package, which comes with support for 1 user and 10 sales orders per month. You can also get a lite version for $69 per month, small business for $169 per month, and Business for $459 per month. The more you spend, the more features you get, along with access for more users. There are some premium options for those with more advanced needs too, such as Premium and Enterprise plans.
Pros
- Excellent for businesses of all sizes
- Support for multiple sales channels
- Easy to use interface
- Excellent for supply chain professionals
- Good value for money
Cons
- Some issues with software bugs
- Customer support isn’t the best
Zoho Inventory Management
Zoho Inventory Management is one of the best-known tools in the market, designed to help companies increase their sales, expand their business operations and more. Not only does Zoho Inventory help with things like managing your offline and orders, but it can also integrate with other tools in your sales strategy.
You can link Zoho to your Amazon, eBay and Shopify accounts, create purchase orders, manage drop shipments and more, all from within a single application. What’s more, there’s end-to-end tracking for every item in your inventory with serial number features and batch tracking. You can even choose from multiple shipping integrations to make sure that your items get to your customers as quickly as possible.
Zoho inventory even comes with advanced inventory management tools, such as access to accounting software and asset management tools to help you make more informed business decisions. If you’re looking for a complete software solutions for modern business owners, this could be it.
Pricing
There’s a free version of Zoho inventory, but it’s very limited in features. The paid version starts at $49.00, and you can test the functionality out with a free trial to begin with
Pros
- Integrates with a dedicated CRM
- Excellent for tracking inventory and customer experience
- Integrations with various leading tools
- Workflow tools for human resources and marketing
- Easy to use interface
- Works with Amazon, eBay and Shopify accounts
Cons
- Tutorials aren’t extremely helpful
- Subscriptions are per user, rather than groups
What is Inventory Management Software?
Inventory management is often a time-consuming and tedious process for many business owners. However, a software tool with the right features can help you to deal with some of the headaches and stress that inventory management can bring.
Whether you’re running an ecommerce website, a brick and mortar store, or a supermarket, you’re always going to need a way to keep track of your inventory. These tools are how you get an insight into every aspect of your products. What’s more, tracking the way that your inventory moves can also give you a better insight into your customers and what they want from your business too.
Inventory management software can come with a lot of common features, including:
- Barcode scanners: To track and manage your products
- Inventory optimization: To ensure that you always have the right amount of each product available for your customers
- Stock notifications: Alerts that warn you when you’re over or under-stocking on a specific item according to defined thresholds.
- Multi-location management: The option to manage a range of warehouses and point of sale systems at once.
- Material grouping: Collect inventory into predefined categories so you can measure which products are most in demand.
- Report generation: View a history of your sales, track your most popular product, and manage the items in your inventory that don’t reach expected sales levels
- Purchase order records: Keep track of the items that you’re stocking, and where you’re getting those products from.
Ultimately, inventory management tools will allow you to track the goods across your business supply chain, so you can track everything from your sales orders, to your unique business needs. Some software solutions even come with integrations that connect to your offline barcoding strategy, your accounting system, and more.
Conclusion
Inventory management software continues to be a hot topic amongst ecommerce merchants. Wholesale traders and distributors managing large inventories continue to look for advanced systems that can handle the complexities of inventory management in one place.
Many ecommerces still perform inventory management manually. This can lead to costly and dangerous mistakes, such as overselling or overselling products. To avoid such mistakes, they may decide to manage the inventory using Wufoo But there are other means to do this more efficient. By automating the inventory management system, you can improve processes and save costs that could otherwise be lost on mistakes. Here are some top inventory management software for ecommerce websites.