Do you want to get best inventory management software for your ecommerce business? If you really want to grow your online store, then you have to make sure that you have the best inventory management system in place. Because, with the help of this software you will be able to find any stock for your products and you can even manage your product listings.
The best ecommerce inventory software is distributed inventory management systems. Multi channel ecommerce requires a software that can help you to manage the inventories in multiple channels, not just one.
Learn about the best inventory management software for ecommerce businesses to help track orders, manage inventory across multiple channels, and automate changes to online product listings.
Ecommerce is the buzzword of the past years, with many many businesses turning towards it to attract new customers and increase sales. Online store owners can be seen always looking for platforms that will meet their needs.
Comparison Criteria
What do I look for when selecting the best inventory management software tools? Here’s a summary of my evaluation criteria:
- User Interface (UI): I expect an intuitive interface that empowers users to drill deep to get granular data and insights.
- Usability: I look for a system that makes it easy to manage a large number of products and identify the key information.
- 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!
- 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.
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
inFlow Inventory: Best budget buy
Starting from $89.00/mo.*
- Mobile app with barcode scanning capabilities
- Great for businesses on a budget
Data as of 01/05/22. Offers and availability may vary by location and are subject to change.* With annual billing.
For businesses on a budget, inFlow Inventory is a great inventory management system. inFlow offers, in our opinion, the best free inventory management service on the market (inFlow On Premise). Or you can enjoy more features with inFlow’s paid plans—some of the cheapest available, starting at a low $89.00 per month.
Also, inFlow is remarkably easy to use, with many of its inventory tracking features automated. It’s even got a great mobile app that facilitates barcode scanning and keeps your sales agents and inventory manager on the same page for stock inventory levels.
One thing to keep in mind, though? inFlow Inventory is cheap because it’s more scaled back than other platforms on our list. While it makes managing inventory a breeze, inFlow caps the number of orders you can process monthly before you’re charged extra. For example, the most expensive plan includes 10,000 sales orders per month.
Oracle Netsuite: Best for multi-location businesses
Oracle NetsuiteOracle Netsuite
Starting from $999.00/mo.
- Warehousing and product management across multiple locations
- Full Oracle suite integration
Data as of 01/05/22. Offers and availability may vary by location and are subject to change.
Oracle’s systems are not for everyone, and the user experience (UX) on this one leaves a lot to be desired. But Oracle NetSuite does a lot for multi-location businesses that are moving products. Its features focus more on warehousing and product management than shipping or organizing records. But that makes it really good for larger businesses with multiple locations.
The price is a big detriment. The base cost is $999 per month, and that takes many businesses out of the running. But for those businesses with multiple locations, it can be super helpful to have the barcoding and warehouse features. So, if you are already using Oracle products, then you are well suited to bring NetSuite into your business.
Brightpearl: Best for enterprise-level businesses
Price available upon request
- Wide variety of features in one system
- Focus on getting a large amount of product to customers
Data as of 01/05/22. Offers and availability may vary by location and are subject to change.
Brightpearl brings a lot to the table and focuses on being a one-stop shop for running your business. Of course, it is also only focused on large businesses (with sales in excess of $1 million), so that takes a lot of small businesses out of the running. However, if you are a large enterprise-level business looking for a new inventory management software, Brightpearl is a great choice.
One big con is that the price is only available upon request. Since we don’t know a lot about the cost of the software or its add-ons, that makes it a difficult product to recommend.
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.
Unleashed Inventory: Best for fast growing warehouses
Unleashed InventoryUnleashed Inventory
Starting from $279.00/mo.*
- Unlimited products, transactions, and integrations
- Great user design and dashboard
Data as of 01/05/22. Offers and availability may vary by location and are subject to change.
* With annual billing.
Unleashed is our choice for businesses that need advanced warehouse management. It’s a bit less expensive than Fishbowl (which runs at $366.25 per month for its warehouse-only software) and supports unlimited warehouses, transactions, and products, plus a B2B ecommerce site and basic production features to help implement your ideal inventory management strategy.
So what’s the drawback? Only three users are included in the midsized business plan (the least expensive option from Unleashed) and B2B ecommerce costs an extra $129 per month. Add to that the compulsory managed onboarding at $329, and you’re buying software that will run you $737 for the first month! If you’re a smaller business using warehouses, it’s probably not worthwhile.
EZOfficeInventory: Best asset tracking
EZOfficeInventoryEZOfficeInventory
Starting from $35.00/ mo.* for 250 items
- Asset tracking, including detailed asset history logs and maintenance management
- Easy-to-use interface
Data as of 01/05/22. Offers and availability may vary by location and are subject to change.
* With annual billing.
EZOfficeInventory is the perfect inventory control software for businesses with a lot of not-for-sale assets, like employee computers and other equipment. In addition to traditional inventory management tasks, the inventory system lets you schedule maintenance, track wear and tear, and assign work orders.
But since EZOfficeInventory is focused on asset tracking—versus other systems that are mainly retail-focused—it’s for a specific kind of business. If you’re looking to keep track of assets and not retail products, this is great software for any sized business.
Inventory Management Platform: Key Features
When selecting an inventory management system, here are the core features you should look for:
- Inventory tracking: maintaining records of all orders received, orders filled, and refill requirements.
- Product categorization: effectively tracking inventory for products in different categories, managing migration between categories, and making products easily searchable.
- Barcoding & tagging: saving time and reducing human error by using barcode scanning to enter products into the system.
- Automatic replenishment of stock: creating purchase orders as soon as stock levels fall below a specified threshold.
- Inventory forecasting: calculating future stock requirements to allow for seasonal demand and other factors.
- Inventory alerts: alerting managers by email or SMS to inform them of key news such as shipment status and issues in the inventory pipeline.
- Inventory security and backups: protecting your eCommerce assets through bulletproof security and regular backups of all inventory data.
- Stock returns handling: keeping track of returned goods and ensuring that they are handled optimally.
- Scalability: having the potential to grow with the business, handling larger volumes of data and more complex business requirements.
Conclusion
There are many ecommerce platforms available today, but to stand out, you need a tool that is specifically built for businesses such as yours: one that provides the tools you need to manage inventory and streamline your selling operations. SalesWarp Inventory v7, from InventoryLab, is the best inventory software for ecommerce designed specifically to help you manage your diverse inventory, including products with different options and other special requirements as well as multi-country selling.
Multi channel ecommerce inventory management software. Get the best multi channel inventory management tool that is simple to use, yet complex enough to handle your business. The best eCommerce inventory management software lets you link your sales channels, ship orders, and sync inventory automatically.