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What is Inventory Management Software?

Inventory management software is used to track inventory levels, sales processes, orders, and deliveries. It can also be utilized to generate production-related documentation such as work orders and bill of materials. Companies make use of this system to avoid overstocking of products and outages. Inventory management software offers an improved way to organize inventory information compared to spreadsheets or paper. This solution resembles distribution software because it helps distributors spend less money on inventories, thus giving them an edge over competitors. Main features of this software include order management, asset tracking, service management, and product identification. Start by checking our leader Zoho Inventory, and other recommended solutions in this category.

Inventory Management Software

Top 12 Most Popular Inventory Management Software

Zoho Inventory reviews
1.
Zoho Inventory

Our Score 9.5

User Satisfaction 100%

Zoho Inventory is a software program that allows small and large companies to automate their order/inventory management and keep track of delivery processes. Read Reviews

Cin7 reviews
2.
Cin7

Our Score 9.1

User Satisfaction 100%

Cin7 is a cloud-based point of sales package and inventory management suite for businesses of different sizes. Read Reviews

Vend reviews
3.
Vend

Our Score 9.5

User Satisfaction 99%

Vend is an award-winning retail POS software for iPad, Mac, and PC with inventory management, e-commerce, and customer loyalty features. Read Reviews

TradeGecko reviews
4.
TradeGecko

Our Score 9.3

User Satisfaction 96%

TradeGecko is a software tool that automates time-consuming business processes and lets companies focus on the things that actually matter. Read Reviews

Brightpearl reviews
5.
Brightpearl

Our Score 9.3

User Satisfaction 98%

Brightpearl is a retail management system that helps businesses to manage orders, inventory, and customer data. Read Reviews

SellerCloud reviews
6.
SellerCloud

Our Score 9.0

User Satisfaction 75%

SellerCloud is an e-commerce software that is dedicated to simplifying and automating the functionalities that help retailers in their business. Read Reviews

FinancialForce ERP reviews
7.
FinancialForce ERP

Our Score 8.8

User Satisfaction 99%

FinancialForce ERP is an ideal tool for mid-market organizations that helps overcome the confusion that happens during transition from CRM to ERP tools. Read Reviews

Salesforce Order Management reviews
8.
Salesforce Order Management

Our Score 8.8

User Satisfaction 91%

Cloud platform to manage orders and inventory for seamless customer experience Read Reviews

Erply reviews
9.
Erply

Our Score 8.6

User Satisfaction 92%

Erply is an effective POS system for inventory management, available for small and large corporations. It has features that make inventory management an easy task. Read Reviews

Skubana reviews
10.
Skubana

Our Score 8.6

User Satisfaction 100%

Skubana is comprehensive E-commerce software that will boost up your sales thanks to its intelligent design and top quality features. Read Reviews

Now Commerce reviews
11.
Now Commerce

Our Score 7.9

User Satisfaction 98%

Now Commerce is an order management system that helps sales businesses to effectively carry out their sales across different channels. Read Reviews

All Orders reviews
12.
All Orders

Our Score 8.0

User Satisfaction 95%

All Orders by NumberCruncher is a comprehensive inventory and order management system that helps you make better business decisions. Read Reviews

How To Choose The Best Inventory Management Software

Companies that deal with large amounts of physical products need a reliable and efficient inventory management software. But since there are hundreds of tools in the market, it can be a hard task to select the right one for your needs. This buyer’s guide describes the list of basic features of inventory management software for small business firms or enterprises, identifies the various types of online platforms available, and helps you easily navigate the complex selection process and choose the best Inventory Management Software for your company.

Get to know each product with free trial

A good course of action is to sign up for at least a few free trial plans or demo from popular inventory management software providers. With that method you will have the opportunity to test the important elements and you will get a good comparison of the capabilities of the chosen programs. You will also understand what is inventory management software better. The best thing to do when looking for the best Inventory Management tools is to try services that currently have the highest SmartScore rankings and Customer Satisfaction Rating in our inventory management software reviews: TradeGecko reviewsSellbrite, Stitch Labs, Brightpearl, Contalog, and Goods Order Inventory Pro.

Targeted Businesses

Buyers of inventory management software tools can be categorized into the following types:

  • Type of Industry – Inventory software is different for different industries such as retail, manufacturing, and distribution. Each software offers unique features for a particular industry. Even within a specific industry there are different solutions. For instance, retail inventory apps are offered for auto parts, gas stations, restaurants etc. However, some solutions can be used across any retail sector.
  • Company size – Inventory control needs are different for an individual store, across five or six locations, and across an 80-unit franchise. Therefore, select a system suitable for your company’s size to ensure your requirements are met without needing to pay for robust features that you are not going to use.
  • Software requirements – Some companies are satisfied with a specialty inventory management solution, while others look for full-suite applications that offer other key features such as business intelligence, supply chain management, project management, estimating, and accounting.

What are Examples of Inventory Management Software?

  • TradeGecko: A leading inventory management system offering elegant, cloud-based services for handlign sales and supply chains in companies of all scales and niches.
  • Brightpearl: A popular multichannel retail management system that handles orders, inventory, customer data, and generates real-time profitability reports.
  • Zoho Inventory: A great member of Zoho’s productivity suite enabling e-commerce companies to manage inventory and keep track of their orders.
  • Financial Force ERP: A smart inventory management solution for mid-market organizations, providing also organizational solutions and streamlining communication between departments.
  • Stitch Labs: A very intuitive e-commerce tool for retailers and wholesalers, able to streamline inventory and manage orders across multiple channels.

Types of Inventory Management Software

There are many different types of inventory management software, varying from free and basic tool suites to ultra costly and accurate programs. Features can also be categorization criteria, as certain programs do nothing but listing orders, while others are more robust and they allow sales departments to track and categorize those orders, provide dynamic product information, and even do some custom branding. Deployment is also an important factor based on which there are:

  • On-premise inventory management systems. These are covered with a single license, and are hosted on the client’s local server. They qualify as the most expensive ones, due the fact that they require complex setup and occasionally some hardware installation.
  • Software-as-a-service (SaaS) inventory management systems. These are usually paid per month, and are hosted on the vendor’s server. The business owner is not responsible for installation, updating, and maintenance.
  • Cloud-hosted inventory management systems. Most of these offer free basic plans, and qualify as the most affordable ones due to their universal access and the fact that the client doesn’t need to update them or to pay for maintenance.

Key Features of Inventory Management Software

These are the main features to expect from your next inventory management system:

  • Product categorization. This feature enables you to migrate products from one group/channel to another, and to categorize them by name, type, price, supplier, supply channel, and so on. On top of it, you get to exercise full inventory control, since you can track every product, and forecast and support demand.
  • Sales/purchase orders. Inventory management software makes it possible to manage purchase and sales from a single system, ideally such that is packed with order tracking tools, inventory controls tools, invoice management tools, and so on.
  • Electronic scanning. This feature is more than helpful, as it enables electronic data interchange, and caters for global selling trends. Scanning and tracking assets electronically is a whole new level of inventory control, allowing also electronic shipment and complete warehouse tracking.
  • Automatic ordering. Automated ordering saves companies both their time and their manual efforts for managing billing and tracking their projected sales in an optimized way. This type of multichannel inventory management is welcomed for every retailer, regardless of whether he is selling only one product or many of them.
  • Dynamic product information. By dynamic product information, we actually mean access and full inventory control of your stock, and a close eye on every product available. In such way, products can be managed easily, and the sales information about them can be easily integrated with the rest of the company’s software architecture.

Benefits of Inventory Management Software

Our detailed comparisons show that these are the three main benefits companies experience when using a solid inventory management system:

  • Efficiency and Speed. An inventory management system makes it easy to do a range of tasks from inputting data to taking inventory. It can take days to perform a manual count of inventory, but an inventory management solution can help you accomplish the task in a few hours.
  • Document Generation. Managers can use the system to automatically generate a range of documents such as account statements, invoices, checks, and purchase orders. They can automatically order a fresh batch of products if they run low on stock.
  • Insightful Data. An inventory management system offers insightful reports on data such as how many units are in stock, how many have been sold, and which are the fastest-selling products.

List of Inventory Management Software Companies

Updated

Selected products (0)

1.
Vend

Our Score 9.5

User Satisfaction 99%

Vend is an award-winning retail POS software for iPad, Mac, and PC with inventory management, e-commerce, and customer loyalty features. Read Reviews

  • Pricing: $99
  • Devices Supported: Windows, iPhone/iPad, Mac, Web-based
  • Pricing Model: Monthly payment, Annual Subscription
  • Customer Types: Small Business, Large Enterprises, Medium Business, Freelancers
  • Deployment: Cloud Hosted

2.
Zoho Inventory

Our Score 9.5

User Satisfaction 100%

Zoho Inventory is a software program that allows small and large companies to automate their order/inventory management and keep track of delivery processes. Read Reviews

  • Pricing: Free
  • Devices Supported: Windows, Android, iPhone/iPad, Mac, Web-based
  • Pricing Model: Monthly payment
  • Customer Types: Small Business, Large Enterprises, Medium Business, Freelancers
  • Deployment: Cloud Hosted, Open API

3.
Brightpearl

Our Score 9.3

User Satisfaction 98%

Brightpearl is a retail management system that helps businesses to manage orders, inventory, and customer data. Read Reviews

  • Pricing: by quote
  • Devices Supported: iPhone/iPad, Web-based
  • Pricing Model: Annual Subscription, Quote-based
  • Customer Types: Large Enterprises, Medium Business
  • Deployment: Cloud Hosted

4.
TradeGecko

Our Score 9.3

User Satisfaction 96%

TradeGecko is a software tool that automates time-consuming business processes and lets companies focus on the things that actually matter. Read Reviews

  • Pricing: $79
  • Devices Supported: Windows, Android, iPhone/iPad, Mac, Web-based
  • Pricing Model: Monthly payment, Annual Subscription
  • Customer Types: Small Business, Medium Business
  • Deployment: Cloud Hosted, Open API

5.
Cin7

Our Score 9.1

User Satisfaction 100%

Cin7 is a cloud-based point of sales package and inventory management suite for businesses of different sizes. Read Reviews

  • Pricing: $299
  • Devices Supported: Windows, Linux, Android, iPhone/iPad, Mac, Web-based
  • Pricing Model: Monthly payment, Quote-based
  • Customer Types: Small Business, Large Enterprises, Medium Business
  • Deployment: Cloud Hosted

6.
SellerCloud

Our Score 9.0

User Satisfaction 75%

SellerCloud is an e-commerce software that is dedicated to simplifying and automating the functionalities that help retailers in their business. Read Reviews

  • Pricing: fee-based
  • Devices Supported: Windows, Mac, Web-based
  • Customer Types: Small Business, Medium Business
  • Deployment: Cloud Hosted

7.
FinancialForce ERP

Our Score 8.8

User Satisfaction 99%

FinancialForce ERP is an ideal tool for mid-market organizations that helps overcome the confusion that happens during transition from CRM to ERP tools. Read Reviews

  • Pricing: by quote
  • Devices Supported: Windows, Linux, Mac, Web-based, Windows Mobile
  • Pricing Model: Quote-based
  • Customer Types: Small Business, Large Enterprises, Medium Business
  • Deployment: Cloud Hosted

8.
Salesforce Order Management

Our Score 8.8

User Satisfaction 91%

Cloud platform to manage orders and inventory for seamless customer experience Read Reviews

  • Pricing: By quote
  • Devices Supported: Windows, Linux, Android, iPhone/iPad, Mac, Web-based
  • Pricing Model: Quote-based
  • Customer Types: Large Enterprises, Medium Business
  • Deployment: Cloud Hosted

9.
Stitch Labs

Our Score 8.7

User Satisfaction 93%

Stitch makes inventory management and multichannel selling simple and easy. It streamlines inventory, data, and orders across multiple channels. Read Reviews

  • Pricing: $499
  • Devices Supported: Windows, Mac, Web-based
  • Pricing Model: Monthly payment, Annual Subscription
  • Customer Types: Small Business, Medium Business

10.
Skubana

Our Score 8.6

User Satisfaction 100%

Skubana is comprehensive E-commerce software that will boost up your sales thanks to its intelligent design and top quality features. Read Reviews

  • Pricing: by quote
  • Devices Supported: Windows, Android, iPhone/iPad, Mac, Web-based
  • Pricing Model: Monthly payment, Quote-based
  • Customer Types: Small Business, Large Enterprises, Medium Business
  • Deployment: Cloud Hosted

Our Score Read More

Our platform employs our proprietary SmartScore™ mode to analyze all the services in the Inventory Management Software category to help you choose the best possible software. It includes the following elements: essential functionalities, collaboration tools, custom elements, available integrations, intuitiveness, customer support, how secure a software is, mobility, scores in other media. As of now, Vend is the leader in this category and our experts are really satisfied with it. Following extensive examination it received the best results among its competitors and our experts strongly suggest that you consider it as one of the solutions for your company.

User Satisfaction Read More

A summary of total user satisfaction with the products in our Inventory Management Software category evaluated with our unique algorythm that gathers client reviews, comments and opinions across a wide range of social media sites to help you make an informed investment choice.

99%

100%

98%

96%

100%

75%

99%

91%

93%

100%

Pricing Read More

Each vendor in the Inventory Management Software category will offer a different set of pricing packages for its service and each plan will include a different set of tools. Below we list the general pricing for the cheapest plan available for each service. Keep in mind that advanced features may cost extra.

$99

Free

by quote

$79

$299

fee-based

by quote

By quote

$499

by quote

Devices Supported Read More

A summary of what type of devices and operating systems are supported by the listed B2B solutions in the Inventory Management Software category, including mobile platforms and web-based solutions.

Windows

Android

iPhone/iPad

Mac

Web-based

Laguages Supported Read More

Check which languages and countries are supported by the top B2B solutions in the Inventory Management Software category, including services designed for international markets and created for multi-cultural teams of employees.

Pricing Model Read More

Learn what pricing packages are provided by the vendors in the Inventory Management Software category to see which one matches your business preferences and expenses best. Keep in mind that some software can support free or freemium accounts for you to test first.

Free

Monthly payment

One-time payment

Annual Subscription

Quote-based

Customer Types Read More

An overview of what groups of customers a selected B2B solution in the Inventory Management Software category provides for, from small businesses and non-profits to big enterprises.

Small Business

Large Enterprises

Medium Business

Freelancers

Deployment Read More

An overview of what kinds of software deployement are offered by each B2B vendor in the Inventory Management Software category. Even though the majority of modern SaaS services are cloud-hosted there are services may offer an on-site deployment model as well.

Cloud Hosted

On Premise

Open API

Post by Alex Hillsberg