10 Best Inventory Management Software

Inventory management is a tough balancing act. You have to know what’s in stock, which orders are coming in, and when you might need to order more.

What are the Best Inventory Management Software ?

If you’re having trouble keeping up with inventory and orders, one of the software in this list would do exactly that job for you.

1. inFlow Inventory

inFlow Inventory software covers your work from every angle, a software with a clear focus on inventory tracking, but with options to accommodate your unique workflow. Whether you dropship herbal teas, manufacture hi-tech counting machines, or make your own jewelry, there’s options to accommodate the way you work.

It’s expensive to carry inventory, but you need enough stock to fulfill orders quickly. Finding that right balance is tough. It’s easy to order too little and miss potential sales, or order too much up and tie up your cash. inFlow stores your inventory and orders in one place, giving you insight into which SKUs are coming in and how much is going out. This information empowers you to order the right quantities to the right location, ahead of time.

Improve your shelf confidence, inventory checks take up valuable work hours. inFlow shows you which SKUs are in stock, what’s been reserved, and what’s on order. And reorder points help you stay proactive about restocking before you ever run out.

When your inventory is available across all of your computers, laptops and tablets, you can make confident business decisions from anywhere.

Real-time inventory control, good, accurate data helps you see your business in the big picture. But it’s tough to collect that data while you get your regular work done.

inFlow creates records every time you receive and fulfill orders from your computer or smartphone. Cost and profit are recorded, too. So you’ll create reliable records just by working and have all the data you’ll need to plan the right next step.

– Fulfill from your phone: Scan to receive or fulfill orders, or update inventory levels right on the spot—right from your iPhone or Android device .

– Reorder ahead of time: Reorder points that help you define your minimums and reorder notifications give you the breathing room to order more.

– Track Inventory and orders: A real-time picture of what’s in stock and where each product is, even across multiple offices or warehouses.

2. Ordoro

Ordoro is the all-in-one platform that helps growing merchants run their online businesses. It has all the tools you need to operate like a large-scale corporation.

Your Control Center for Inventory Management, keep inventory information automatically flowing to and from each of your integrated channels, whether it’s sales or supply-side.

– Unify Your Inventory

Ordoro is your central hub for all matters inventory. Plug each of your channels, from marketplaces to webstores to suppliers, into the app for a multichannel business connected to the same inventory. Add multiple warehouses as well, whether it’s your garage, Fulfillment by Amazon, or a dropshipper, and choose which to ship orders from.

– Shred Those Spreadsheets

Instead of flipping through spreadsheets and copy-pasting numbers, let us do the juggling within Ordoro. As you fulfill orders and restock products, we’ll track all of your inventory behind the scenes and help prevent stockouts. Set a low inventory threshold for each of products, and once quantity hits it, we’ll give you a heads up.

– Sync Inventory Without Thinking

As you go about your business, Ordoro will keep tabs on your products. We react to fulfilled orders and restocks by automatically updating and syncing product quantities across each of your integrated sales and supplier channels for a completely aligned business.

Make use of Ordoro’s built-in kitting engine to bundle multiple products as an individual unit for sale — kit related products, products with components, or products with varying quantities. And as you get more product off the shelf at one time, we’ll continue monitoring and adjusting the product quantities of each SKU involved.

3. Megaventory

Megaventory is an online Sales & Inventory Management for small and medium businesses, a powerful operations management solution. Join the manufacturers and distributors across the world succeeding with Megaventory.

Megaventory provides you with a unique combination of technology and usability so that you can focus on what matters:

– EFFICIENT CLOUD SOLUTION

Minimal setup; no extra equipment. Scale up or down as necessary. Competitive pricing.

– EASY TO USE SOFTWARE

Feature-rich and intuitive design. Really fast across multiple devices. Quick to learn and master.

– A LOAD OFF YOUR MIND

Data fully protected and backed up, export your company information anytime. Stellar support for fast issue resolution.

If your business in any of the categories below, you can improve your operations now:

– Franchise Network

Do your operations span across a network of locations such as in a franchise? Effortlessly monitor and expand the operations in your network – all from a single system while providing your staff with just the right access they need.

– Retail or Wholesale Commerce

Retail selling anything from high-end electronics to fashion apparel? Handle your sales, restocking purchases as well as your returns and repairs – all real-time and from a single point to maximize your customer’s satisfaction.

– Product Manufacturing

Putting together, bundling or in any way assembling products before selling them? Keep track of the manufacturing process, the relevant inventory and the costs involved efficiently, accurately and hassle-free.

4. Katana MRP

Katana MRP has all the inventory, production, and accounting features you need. Reach for the cloud with software built to take you there, Cloud manufacturing software streamlines your accounting, inventory, and production workflows.

The future is in the cloud, don’t die with desktop apps. Modern businesses rely on cloud technology for a reason, it’s secure, lean, always up to date, and comes at a much lower price tag than desktop solutions.

It has powerful features, simple to use. Products don’t make themselves, but the right software and workflows can make it feel like they do:

– Guided implementation: Katana customers that go through guided implementation get set up 2-3x faster and are twice as likely to succeed in the long term. Data migration and Katana API consultation, extensive data and workflow coaching and full assistance with your account configurations.

– Access to expert partners: Extra help is always there. Consult a Katana Partner in your area for implementation, accounting, and manufacturing expertise. Partner with accounting and automation experts to streamline and connect all your business tools, Consult with implementation experts that can support your move to the cloud. Choose from a growing partner network that extends from North America to Oceania.

– You need it, every product development discussion is directed by feedback from the people we’re here to help. Get early access to the new features you request, Attend regular webinars and Q&A sessions with our product teams. See Katana evolve and grow according to your needs.

Katana comes with more than a list of features:

– Live inventory management, Real-time master planning, Total shop floor control.

– Omnichannel order management, Cloud accounting, End-to-end traceability.

– Production planning, Purchase order management, Contract manufacturing.

– Accurate costing, Custom workflows via API, Sales order insights.

5. eLabNext

eLabNext‘s eLabJournal is an all-in-one Electronic Lab Notebook (ELN) software that includes sample tracking and protocol management modules. It has :

– Capabilities for integration with various applications.

– Link samples and procedures to experimental entries with a full audit trail.

– Sign-and-lock data with electronic signatures.

More than an ELN and ideal for any lab. Whether you’re just starting up, a small or large academic institution, or a globally operating company, your R&D lab can benefit from the elevating power of eLabJournal to :

– Trace, match, and visualize your exact lab workflow.

– Improve productivity and collaborative efforts.

– Elevate research with a truly secure and compliant online lab notebook.

Improve efficiency, increase productivity, and generate more output in the same amount of time :

– An intuitive user interface for life science : An easy-to-use and easy-to-learn digital lab notebook explicitly designed for life science R&D. Read this article for six key points to consider when selecting an ELN.

– Increase interconnectivity across your ELN : Connect your data by uploading or externally linking any file to your experiment. The Mobile App (Android & iOS) lets you add images directly.

– Maximize customisation with eLab API & SDK : With access to the eLabJournal ELN software core functionality, you can fully customise your ELN with endless integrations to fit your lab’s specific needs.

– For small companies and individual academic labs : eLabJournal Cloud is an off-the-shelf and configurable ELN system that is the best solution for customers that do not have the budget or resources to invest in hardware and system maintenance.

6. Booqable

Booqable makes it easy to manage your rental inventory and track availability. Automate your rental inventory management and prevent double bookings. An all-in-one rental inventory management software, whether you receive bookings online, through walk-ins, or any other way, manage your rental inventory in an automated system that keeps everything in check.

– Know what is available and rented out : Track your products in bulk or with unique product IDs that give you a full usage history. Booqable automatically updates rental inventory availability for both online and manually created orders to prevent double bookings.

– Optimize your rental inventory management : Get more out of your rental inventory software by using optimizations specifically designed for rental products. Create product bundles with items that are commonly rented together to save time preparing. Add variations to products that come in multiple options, such as different colors, sizes, and more. Block out padding time between rentals so you can perform product maintenance and checks.

– You’ll love your new calendar : The calendar gives you a complete overview, so you can zoom in on specific products to optimize your planning and quickly check product availability for any date range.

– Increase efficiency with barcodes : Create and assign barcodes to your products to improve accuracy and reduce human error. Scan and go allows you to streamline the pick up process and be more efficient when handing out products to customers.

– More rental inventory management features, everything you need to manage rental inventory, right out of the box like : Identifier tracking, Bulk tracking, Consumables & services, Product variations, Real-time availability, Flexible pricing, Inventory history, Barcodes & QR codes, Mobile scanning, Product bundles, Import & export, Locations & transfers, Buffer times, Shortage management, Inventory reports

7. Zoho Inventory

Zoho Inventory is a powerful tool that will help to increase your sales and keep track of every unit in your inventory. Manage inventory and fulfill orders the right way as successful business relies on successful inventory management. Automate your inventory operations and sell more with less effort.

Meet your next-gen inventory software Zoho Inventory, and transform the way you manage your inventory :

– Sell more with bundles : Sort items, create appealing price offers, and manage your production line with item groups and product bundles.

Sort your items, classify your items into groups based on their descriptive attributes, brands, product types, sizes, and colors, and arrange them accordingly. This will help your customers find whatever they require easily.

Create super value packs, increase your sales by offering product bundles with promotional discounts, Buy 1 Get 1 offers, discounted prices on bulk purchases, and more. Zoho Inventory gives you complete freedom in your product pricing.

– Handle sales spikes : From dropshipping to backordering, handle product shortages, maintain a healthy cash flow, and never lose out on a sale.

Backorder and dropship to handle sale spikes, redirect stock to handle a product shortage with ease, using Zoho Inventory. Dropshipping using Zoho Inventory allows you to fulfill product demands on short notice by letting the supplier deliver the product to the customer directly. In Zoho Inventory, when you are low on stock, backordering allows you to prioritize and fulfill the demands of a regular customer, by putting other confirmed sales orders on hold and reallocating the products.

– Control warehouses : Manage your stock across multiple warehouse locations, transfer items within warehouses, and generate warehouse-specific reports. Add multiple warehouses and also control the flow of stock between your store and warehouses, located at different locations with a single application. Choose the warehouse which is closest to the customer’s location while you create a Sales order. This way you can deliver faster, save a lot of time and also cut down the transportation cost.

– Multichannel selling made easy : Get the multichannel advantage by establishing your presence across digital storefronts. Sell on multiple channels and track all your sales within Zoho Inventory. Integrate multiple sales channels, sync stock effortlessly, handle multiple currencies, get paid online and measure channel performance.

– From packing to tracking, it’s all here : Fulfill orders through different sales channels, right from Zoho Inventory. Save time in managing shipping and gain customer trust by sending instant updates. Visualize item packing with package geometry, see the status of packages, integrate with shipping carriers, generate real-time carrier rates and shipping labels and send tracking updates to customers.

8. ShipBob

ShipBob is not a standalone inventory management system, but rather an order fulfillment solution that has inventory management software built in. Merchants get the tools, guidance, and reporting necessary to efficiently manage their inventory across multiple stores and ShipBob’s fulfillment centers.

Inventory tracking tools are included at no extra cost for merchants who use ShipBob to fulfill orders. Having order fulfillment synced up with inventory management helps optimize your supply chain and keep data and reporting in one place.

One Platform and Source of Truth, say goodbye to slow fulfillment, manual processes, mispicks and inventory discrepancies, and having to stitch together multiple tools.

ShipBob WMS is more than just a WMS — it’s an all-in-one platform to improve how you manage fulfillment. Out-of-the-box, you get:

• Warehouse management
• Inventory management
• Order management
• Transportation management
• Pick and pack
• Reporting and analytics
• App Store and open API
• White-glove implementation
• Dedicated support

Inventory, Orders, and Transportation : Improve inventory accuracy with uploaded images of your products to have additional checks and balances at every stage, location-specific inventory visibility, and intelligent cycle counts.

Access top-level order fulfillment metrics across all warehouses, order counts at the picked, packed, and labeled statuses, and quickly identify orders that need fulfillment prioritized.

ShipBob’s WMS also provides order routing and carrier selection for the most optimal transportation routes.

9. EZOfficeInventory

EZOfficeInventory app enables users to perform their asset management tasks quickly and efficiently with ease. It’s an inventory management software to maintain optimal stock levels and control costs. Use the leading cloud inventory management software to efficiently allocate inventory, perform inventory audits, and avoid stockouts.

Unlock Efficiency and Elevate Control With Inventory Asset Management Software, gain complete inventory control with real-time visibility.

– Maintain an asset inventory repository for data consolidation

– Use RFID, barcodes, or QR codes for inventory tracking

– Manage your inventory effortlessly by setting low-stock alerts

– Replenish stock with purchase orders to reduce stockouts.

Control Movement of Stock: Prevent your stock from getting lost or stolen due to poor stock management practices. Seamlessly track stock with up-to-date data and stay in sync with the location of your stock to minimize theft or loss. Achieve optimal resource allocation by assessing where stock is most needed all through this stock inventory management software.

Reduce Tracking Time with RFID, Barcodes, or QR Codes : Do you often face difficulties in tracking critical inventory items? Use advanced tracking technologies like RFID, barcodes, or QR codes to streamline and enhance inventory tracking processes. Create, design, and assign labels to inventory to quickly scan assets and check them out collectively.

Stay Updated with Inventory Levels : Prevent excessive procurement costs by automatically updating inventory only when needed. Simplify tools and equipment inventory management by setting up minimum and maximum inventory thresholds to avoid stockouts or overstocks. Manage inventory replenishment with alerts when inventory falls below a certain number maintaining optimal stock levels.

Automate the Purchase Order (PO) Processes : Is ordering inventory a long and agitating process? Place orders for new inventory directly from the system using the procurement module. Improve vendor management by centralizing vendor information and setting up an approval process to eliminate inaccuracies in the order using stock management system.

10. Sortly

Sortly is an all-in-one inventory software that helps businesses of every size save time and money. It is a super simple inventory management solution that enables businesses and teams to easily track what they have, where it is, and who has it. Anytime, anywhere, on any device.

Organize and automate your inventory at the touch of a button : Easily upload your existing inventory list into Sortly. Organize inventory folders by location, type, and more. Add critical item details with custom fields.

Access and update your entire visual inventory with one easy app : Speed up inventory counts with in-app barcode and QR code scanner.

Upload high-resolution photos to visually track each item. Get alerted when you’re running low on stock.

Get real-time reporting insights : Get in-depth data on items, folders, and, user histories. Easily export custom PDF or CSV reports. Perfect for audits, budgeting, and forecasting.

Inventory Software Made Easy : Sortly inventory tracking software makes it easy to manage your entire inventory—on any device, anywhere. Centralize and automate your inventory system. Track inventory, supplies, materials, and more. Perfect for small business inventory management.

Transform how you manage inventory : Sortly is a top-rated inventory software that helps small businesses streamline their daily inventory operations:

– Simplify your auditing, budgeting, and forecasting with a digital inventory system.

– Get powerful insights with real-time inventory reporting.

– Easily collaborate with your team (and clients) in Sortly, it’s so intuitive that there’s no training required.

– Give the right level of access to the right team members.

Say goodbye to messy spreadsheets. This inventory management software can help you:

– Get instant, real-time access to your entire inventory, even across multiple locations.

– Scan items with in-app barcode and QR code scanner (or easily connect an external scanner).

– Never run out of stock thanks to custom low stock alerts.

– Upload high-resolution photos to verify inventory and track condition.

– Seamlessly manage inventory from your phone, tablet, or computer any time, anywhere.

Conclusion

Having the right tools in place is the key to success when it comes to working with inventory. With the right systems, ordering, tracking, picking, and more, become much simpler and you can even save money.

The right software should be easy to use and provide features that help you manage your inventory from end to end. One that includes real-time inventory control, cost and profit data, the ability to track across multiple locations.