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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 NetSuite ERP, and other recommended solutions in this category.

Inventory Management Software

Top 12 Most Popular Inventory Management Software

Order by:
NetSuite ERP reviews
1.
NetSuite ERP

Our Score 9.6

User Satisfaction 100%

Automates key processes of inventory management for inventory optimization, supply chain visibility, and keeping accurate records vital to financial reports. Read Reviews

Fishbowl reviews
2.
Fishbowl

Our Score 9.0

User Satisfaction 98%

A warehouse and asset management software that streamlines production and synchronizes inventory and accounting data. Read Reviews

Katana reviews
3.
Katana

Our Score 8.9

User Satisfaction N/A

Web-based material requirements planning (MRP) software aimed at small and medium-sized manufacturers. Read Reviews

Cin7 reviews
4.
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

Zoho Inventory reviews
5.
Zoho Inventory

Our Score 9.4

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

Vend reviews
6.
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

QuickBooks Enterprise reviews
7.
QuickBooks Enterprise

Our Score 9.4

User Satisfaction 96%

Advanced inventory solution from QuickBooks Desktop Enterprise. Read Reviews

TradeGecko reviews
8.
TradeGecko

Our Score 9.3

User Satisfaction 96%

An inventory management system that automates inventory management processes, letting you focus on the things that matter. Read Reviews

Brightpearl reviews
9.
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

Orderhive reviews
10.
Orderhive

Our Score 8.5

User Satisfaction 100%

Orderhive is an eCommerce Automation Software that allows you to manage your Inventory, Orders, Shipping and all other eCommerce operations automatically. Read Reviews

MobilityeCommerce reviews
11.
MobilityeCommerce

Our Score 8.0

User Satisfaction N/A

With MobilityeCommerce's smart single view and inventory feed and management system, your organization can access the leading online channels with ease and flexibility. Read Reviews

Goods Order Inventory Pro reviews
12.
Goods Order Inventory Pro

Our Score 8.1

User Satisfaction 99%

Goods Order Inventory System Pro (GOIS Pro) is an ideal inventory management app for businesses in multiple industries. Read Reviews

How To Choose The Best Inventory Management Software for United Kingdom

Companies that deal with large amounts of physical products need a reliable and efficient inventory management tool. But since there are hundreds of such 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 tools 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 tool 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 handling 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 to 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 a 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.
NetSuite ERP

Our Score 9.6

User Satisfaction 100%

Automates key processes of inventory management for inventory optimization, supply chain visibility, and keeping accurate records vital to financial reports. 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, Open API

2.
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

3.
Zoho Inventory

Our Score 9.4

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

4.
QuickBooks Enterprise

Our Score 9.4

User Satisfaction 96%

Advanced inventory solution from QuickBooks Desktop Enterprise. Read Reviews

  • Pricing: $182
  • Devices Supported: Windows, Mac, Web-based
  • Pricing Model: Monthly payment, One-time payment, Annual Subscription
  • Customer Types: Small Business, Large Enterprises, Medium Business
  • Deployment: Cloud Hosted, On Premise

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

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

6.
TradeGecko

Our Score 9.3

User Satisfaction 96%

An inventory management system that automates inventory management processes, letting you focus on the things that matter. Read Reviews

  • Pricing: $39
  • Devices Supported: Android, iPhone/iPad, Web-based
  • Pricing Model: Annual Subscription, Quote-based
  • Customer Types: Small Business, Large Enterprises, Medium Business
  • Deployment: Cloud Hosted, Open API

7.
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

8.
Hippo CMMS

Our Score 9.0

User Satisfaction 97%

Hippo CMMS is nn easy-to-use, fully-featured maintenance management system for your facility's assets and equipment. Read Reviews

  • Pricing: $39
  • Devices Supported: Windows, Linux, Android, iPhone/iPad, Mac, Web-based
  • Pricing Model: Monthly payment, Annual Subscription, Quote-based
  • Customer Types: Small Business, Large Enterprises, Medium Business
  • Deployment: Cloud Hosted, Open API

9.
Fishbowl

Our Score 9.0

User Satisfaction 98%

A warehouse and asset management software that streamlines production and synchronizes inventory and accounting data. Read Reviews

  • Pricing: $4,395
  • Devices Supported: Windows, Linux, Android, iPhone/iPad, Mac, Web-based
  • Pricing Model: One-time payment, Annual Subscription, Quote-based
  • Customer Types: Small Business, Large Enterprises, Medium Business
  • Deployment: On Premise

10.
Easyship

Our Score 9.0

User Satisfaction 98%

A simple yet powerful cloud-based shipping platform built to facilitate global shipping for ecommerce merchants. Read Reviews

  • Pricing: By quote
  • Devices Supported: Web-based
  • Pricing Model: Quote-based
  • Customer Types: Small Business, Large Enterprises, Medium Business
  • Deployment: Cloud Hosted, Open API

Our Score Read More

Our website uses our certified SmartScore™ algorithm to gather information about all the applications in the Inventory Management Software category so that we can help you choose the best possible app. It takes into consideration the following factors: individual modules, collaboration tools, customization, available integrations, simplicity, customer support, security, mobility, scores in other media. Currently, NetSuite ERP is the leader in this category and we gave it the highest score in our tests. After detailed testing it got the best results among its competitors and our experts strongly suggest that you include it as one of the choices for your company.

User Satisfaction Read More

A look at overall user satisfaction with the products in our Inventory Management Software category calculated using our unique algorythm that collects user reviews, comments and opinions across a wide range of social media platforms in order to help you make an informed investment decision.

100%

99%

100%

96%

98%

96%

100%

97%

98%

98%

Pricing Read More

Every vendor in the Inventory Management Software category will have a different set of pricing plans for its service and every package will include a unique group of features. Below we list the overal pricing for the most affordable package offered for each service. Keep in mind that advanced features may have an extra cost.

By quote

$99

Free

$182

by quote

$39

$299

$39

$4,395

By quote

Devices Supported Read More

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

Windows

Android

iPhone/iPad

Mac

Web-based

Laguages Supported Read More

Learn which languages and geographies are supported by the top B2B solutions in the Inventory Management Software category, including solutions designed for international markets and prepared for multi-cultural groups of employees.

Pricing Model Read More

Learn what pricing models are supported by the vendors in the Inventory Management Software category to check which one fits your business needs and budget best. Be aware that some software can provide free or freemium accounts for you to test first.

Free

Monthly payment

One-time payment

Annual Subscription

Quote-based

Customer Types Read More

A brief look at what groups of clients a specific B2B service in the Inventory Management Software category is designed for, from small businesses and non-profits to large enterprises.

Small Business

Large Enterprises

Medium Business

Freelancers

Deployment Read More

A summary of what kinds of software deployement are provided by each B2B vendor in the Inventory Management Software category. While most of modern SaaS solutions are cloud-hosted there are services may offer an on-site deployment model too.

Cloud Hosted

On Premise

Open API