The backbone of a successful business lies in the efficiency of the inventory management software used. It can be a nightmare, especially for businesses juggling stock levels, purchase orders, and deliveries simultaneously. There is a constant tug-of-war to ensure the accuracy of data across platforms, making manual management a hassle that no one wants to take up. But fear not! Your supply chain can now be taken over the right tools that will automate your building processes.
With an ocean of assets and a multitude of software solutions claiming to handle it all effectively, how sure are you about the one that will work for you? How will you find the perfect match for resonates with your business needs?
In this blog, let us dive into the top 15 inventory tracking systems in the US. These tracking systems are specifically designed to integrate seamlessly with your existing ERP system/ BMS. Let us explore each of the features, pros and cons, pricing, and other relevancy to help you in deciding it better.
How to select inventory optimization software?
The perks of understanding the user intent.
A random software with the best reviews may not cater to the unique needs that your facility might harbor. So, before we dive into the software itself, let us understand USER INTENT; what users are looking for when they search for "inventory management software."
1. Pain Points: In a general sense, users are constantly seeking solutions to seamlessly handle common challenges in managing an inventory. It includes inaccurate/inadequate stock levels, inefficient order fulfillment, and lack of visibility of existing products/equipment.
Read the review here.
2. Specific Needs: Catering to unique needs is the key to selecting the software that works for you. Identify your business requirements and determine what aspects of inventory management need improvement. Are you aiming to reduce stock outs, minimize excess stock, or streamline order fulfillment?
Firstly, you may write the problems on a sheet in your current management and system you are using.You are your best dissector. Analyze them and run it through the concerned personnel of the maintenance management system you are planning to invest in. Does it eliminate your concerns? Can you scale the software and even mend it to fit into your budget? Learn to ask the right questions and the solution will be right in front of you!
Here are some pointers to give you a head start on are as follows:
Inventory Analysis: It must offer you a comprehensive analysis or give you the capabilities to monitor and analyze for stock levels, turnover rates, and inventory health and any predictive analysis.
Supply Chain Visibility: Real-time visibility into your entire supply chain will give you the edge to tracking inventory movement. It will make your business process and management fully automated!
Scalability and Integration: A software solution must grow with your business to make it efficiently work for your business. Besides, pick the one that integrates seamlessly with your existing systems like ERP, CRM, BMS, or accounting software and it will prove worthy of your investment.
Cost and Support: Consider cost and ROI and estimate it the pricing aligns with your budget and if they offer 24/7 support. Do consider additional charges such as cost of installation, training, updates, and troubleshooting
Listed below are the top 15 online inventory management systems. Read more to go thorough the unbiased reviews based on assessments available on review sites.
Review of Top 15 Inventory Management Software in the US
1. Cin7
What is Cin 7? With over 125 million orders every year, Cin7 is well known for handling businesses of all sizes. Renowned for its comprehensive approach, Cin7's cloud-based inventory software caters for managing various portfolios. It integrates inventory management, POS, and supply chain functionalities into one user-friendly platform, offering greater control and efficiency.
| Cin7 | Distinguished Features |
|---|---|
| Best for | Midsize to large businesses, manufacturers, distributors, and omni-channel retailers |
| Features | Multichannel management, demand forecasting, and advanced reporting. |
| Benefits/Pros | Seamless integration, real-time tracking and inventory visibility, and comprehensive sales tool with demand forecasting, and advanced reporting. |
| Cons | Learning curve for advanced functionalities. |
| Cin7 Pricing | Standard - Starts at $299/month Pro - Starts at $599/month Advanced - Starts at $999/month Omni - Contact the support You can also request a demo or take a free trail of the software. (conditions may apply) |
| Official website | https://www.cin7.com/ |
Read the review here
2. Fishbowl inventory
Fishbowl Inventory is a top choice among QuickBooks users and for a hassle-free. They specialize mainly in inventory tracking and control. They have a user-friendly interface and support extensive integrations across multiple systems and industries. They have curated a name for themselves by enhancing operational accuracy and scalability for businesses.
| Fishbowl inventory | Distinguished Features |
|---|---|
| Best for | Small to midsize businesses - QuickBooks users, manufacturers, and distributors |
| Features | They have features like advanced inventory tracking, barcode scanning, and manufacturing management. |
| Benefits/Pros | Easy QuickBooks integration, kitting and assembly management, cycle counting, customizable inventory reports, eliminates data silos, streamlines workflows, and reduces inventory errors. |
| Cons | Some features require additional add-ons. |
| Fishbowl Inventory Pricing | Fishbowl Drive - Starts at $329/month (monthly for Warehousing) Fishbowl Drive - Starts at $329/month (monthly for Warehousing and Manufacturing) |
| Official Website | https://www.fishbowlinventory.com/ |
Read the review here.
3. Skubana
Skubana is ideal for e-commerce and multichannel sellers. The robust software streamlines inventory and order management. It focuses on automation and analytics, it simplifies complex operations. The technology is designed to empower businesses to scale efficiently in different industries.
| Skubana | Distinguished Features |
|---|---|
| Best for | E-commerce businesses managing multichannel sales (drop shippers and Amazon FBA sellers), and omni-channel retailers. |
| Features | Order fulfillment, inventory control, and automated reordering. |
| Benefits/Pros | Centralized inventory, streamlined operations across platforms, automated purchase orders, multi-channel listing management, fulfillment optimization, and real-time inventory syncing. |
| Cons | Complexity may overwhelm smaller businesses. |
| Pricing | Customized as per business needs. You can request a demo to know or contact support for details. |
| Official Website | https://apps.shopify.com/skubana |
4. Zoho inventory
Zoho's cloud-based inventory solution is tailored for small to mid-sized businesses. They simplify stock control and order fulfillment. It is an attractive option for growing enterprises because of its customizable features and affordability.
| Zoho Inventory | Distinguished Features |
|---|---|
| Best for | Small businesses, startups, and e-commerce stores. |
| Features | Low-cost solution, barcode scanning, purchase order management, offers basic reporting, multi-channel selling, real-time tracking, and shipping integrations. |
| Benefits/Pros | Easy-to-use interface, and comprehensive inventory control. |
| Cons | They have a limitation when scaling for large enterprises. |
| Zoho Inventory Pricing | Free plan - Starts at $0/month. Standard plan - Starts at $29/month. Professional plan - Starts at $79/month. Premium plan - Starts at $129/month. Enterprise plan - Starts at $249/month. |
| Official Website | https://www.zoho.com/us/inventory/ |
Read the review here.
5. Unleashed software
Unleashed Software is designed for wholesalers and distributors. With real-time visibility and mobile-friendly interface, it enables efficient stock tracking and optimization of inventory assets.
| Unleashed Software | Distinguished Features |
|---|---|
| Best for | Manufacturers, distributors, and warehouse-intensive businesses. |
| Features | Advanced warehouse management system (WMS), batch tracking, labor optimization, mobile app. |
| Benefits/Pros | Real-time data visibility, stock optimization, batch tracking, increases picking and packing efficiency and reduces labor costs. |
| Cons | May prove to be overwhelming for smaller businesses. |
| Unleashed Software Pricing | Medium - Starts at $349/month. Large - Starts at $649/month. Large Plus - Starts at $999/month. |
| Official Website | https://www.unleashedsoftware.com/ |
Read the review here.
6. Ordoro
Ordoro suits e-commerce businesses for multichannel order and inventory management. It offers distinct features like shipping rate comparisons and inventory syncing. It also simplifies the complexities of online selling.
| Ordoro | Distinguished Features |
|---|---|
| Best for | Multichannel sellers, marketplaces like Amazon and eBay |
| Features | Multi-channel order management, fulfillment automation, shipping discounts, and returns management. |
| Benefits/Pros | User-friendly interface, integrates with multiple sales channels, saves time on order fulfillment, reduces shipping costs, and improves customer experience. |
| Cons | Advanced features require higher-tier plans. |
| Ordoro Pricing | Essentials - Free/month. Advanced - Starts at $59/month. Premium - Starts at $149/month. Nominal pricing has been quoted and for custom solutions, you may approach the expert by scheduling a meeting |
| Official Website | https://www.ordoro.com/ |
Read the review here.
7. inFlow Inventory
inFlow inventory software targets small to medium-sized businesses. The main emphasize is on user-friendliness and affordability with its intuitive interface.
| InFlow Inventory | Distinguished Features |
|---|---|
| Best for | B2B businesses, wholesalers, and distributors. |
| Features | Sales order processing, purchase order automation, bill of materials (BOM) management, easy setup, cost-effective for startups and advanced reporting. |
| Benefits/Pros | Streamlines B2B workflows, improves order accuracy, and increases inventory profitability. |
| Cons | Lacks scalability for large enterprises. |
| InFlow Inventory Pricing | Enterprise - Starts at $89/month. Mid-size - Starts at $439/month. Small Business - Starts at $219/month. |
| Official Website | https://www.inflowinventory.com/ |
Read the review here.
8. Katana MRP
The focus of Katana software is on manufacturers. It integrates production and inventory management in the sector. It emphasizes real-time control, automated workflows, and detailed production planning for optimizing manufacturing processes.
| Katana MRP | Distinguished Features |
|---|---|
| Best for | Manufacturers, producers, and assemblers. |
| Features | Production planning and scheduling, MRP functionality, bill of materials management, quality control, material purchasing, production scheduling, and sales order management. |
| Benefits/Pros | Optimizes production processes, reduces lead times, and improves product quality. |
| Cons | Lacks comprehensive accounting features. |
| Katana MRP Pricing | Essential - Starts at $129/month. Advanced - Starts at $349/month. Professional - Starts at $999/month. Enterprise - You can talk to the sales to customize the solutions as per your business needs. Demo is available on all plans. |
| Official Website | https://katanamrp.com/ |
Read the review here.
9. ShipStation
ShipStation is a go-to solution for e-commerce shipping. They integrate with various channels and carriers and emphasize on order fulfillment, label printing, and shipping automation. In short, they simplify logistics for online businesses.
| ShipStation | Distinguished Features |
|---|---|
| Best for | Cross-border e-commerce sellers and high-volume shippers. |
| Features | Multi-carrier shipping, international shipping rules, order processing, shipping label printing, label printing, and inventory management tools. |
| Benefits/Pros | Simplifies and automates shipping processes, integrates with multiple carriers, robust reporting, reduces shipping costs, and improves customer experience. |
| Cons | They offer free trial but there is no free version. |
| ShipStation Pricing | ShippingEasy - Free Starter - Starts at $9.99/month. Bronze - Starts at $29.99/month. Silver - Starts at $59.99/month. Gold - Starts at $99.99/month. Platinum - Starts at $149.99/month. Enterprise - Starts at $229.99/month. High-volume - Quoted. |
| Official Website | https://www.shipstation.com/ |
Read the review here.
10. NetSuite
Oracle NetSuite offers comprehensive control over the facilities' inventory. It is best suited for mid-market to enterprise-level businesses looking for a solution to handle their overall Enterprise Resource Planning. It streamlines the supply chain operations and optimizes business management.
| NetSuite | Distinguished Features |
|---|---|
| Best for | Midsize to large enterprises, multinational businesses, and complex operations needing an all-in-one ERP solution. |
| Features | Scalable solution, global inventory visibility, demand planning, advanced analytics, demand forecasting, and warehouse management. |
| Benefits/Pros | Improves visibility and control across complex supply chains, optimizes inventory allocation, provides actionable insights, comprehensive ERP integration, and scalability. |
| Cons | - |
| Oracle NetSuite Pricing | The pricing is not provided by the vendor. But, they do offer custom pricing based on business needs. Contact the support to enquire the details. |
| Official Website | https://www.netsuite.com/portal/home.shtml |
Read the review here.
11. ShipBob
ShipBob provides fulfillment services for e-commerce businesses. With a focus on global reach, organizations can leverage the software for multiple processes. This includes inventory management, order processing, and shipping for online retailers for logistics solutions.
| ShipBob | Distinguished Features |
|---|---|
| Best for | E-commerce brands seeking global reach, fast shipping, and seamless integration. |
| Features | Global fulfillment centers, real-time inventory tracking, automated orders, 2-day express shipping, and data-driven insights. |
| Benefits/Pros | Scalable fulfillment to grow with you, reduced cart abandonment, happy customers, and valuable data for better decisions. |
| Cons | Does not offer mobile access and no free trial |
| Oracle NetSuite Pricing | Pricing is not available on the website but, you may connect with the professionals to request a pricing. |
| Official Website | https://www.shipbob.com/ |
Read the review here.
12. Linnworks
Linnworks is an e-commerce platform. The inventory management solution is proficient in catering to multichannel selling. It comprehensively integrates management of inventory, order fulfillment, and shipping, offering online businesses a sense of centralized control.
| Linnworks | Distinguished Features |
|---|---|
| Best for | Multi-channel sellers juggling marketplaces like Amazon and eBay, seeking streamlined inventory and order management across platforms. |
| Features | GMarketplace integrations, automated listing and repricing, order fulfillment across channels, real-time inventory updates. |
| Benefits/Pros | Eliminates channel silos, simplifies multi-channel selling, reduces errors and saves time through automation, boosts sales with optimized listings. |
| Cons | No free trial or free version of the software is available for use. |
| Oracle NetSuite Pricing | They offer a plan called Linnworks One with add-ons for customizations. However, they claim to offer clear and simple pricing for which you must approach the sales and schedule a meeting at your time of convenience. |
| Official Website | https://www.linnworks.com/ |
Read the review here.
13. Sortly
Sortly offers its users a visual inventory management system. They have an intuitive interface with visual tracking tools that simplify inventory organization. It proves to be ideal for small businesses, offices, and personal use.
| Sortly | Distinguished Features |
|---|---|
| Best for | Warehouses and businesses require intuitive and visual inventory management prioritizing operational efficiency and accuracy through barcode scanning and streamlined picking processes. |
| Features | Mobile barcode scanning app, kitting and picking functionalities, customizable tags, cycle count management, user-friendly interface, customizable labels, and location tracking for items. |
| Benefits/Pros | Improves picking accuracy and speed, reduces errors and lost stock, streamlines warehouse operations for increased productivity. |
| Cons | They do not offer integrations with existing systems. |
| Sortly Pricing | They offer a free plan for personal use. Advanced - Starts at $29/month. Ultra - Starts at $59/month. Enterprise - Connect for pricing details. |
| Official Website | https://www.sortly.com/ |
Read the review here.
14. Monday.com
Monday.com is a versatile work order operating system. It simplifies office facility management with customizable workflows. Even though it is not specifically an inventory management tool, it can be adapted for task management, project tracking, and team collaboration.
| Monday.com | Distinguished Features |
|---|---|
| Best for | Businesses looking for a unique blend of project management and inventory control and for teams seeking a visual and collaborative inventory management tool. |
| Features | Task tracking, visual boards or visual task management for tracking stock movements, integrations with third-party tools and team collaboration. |
| Benefits/Pros | Centralizes inventory management within existing project workflows, improves team collaboration and visibility, offers a familiar and user-friendly interface. |
| Cons | - |
| Monday.com Pricing | Free - Free forever and offers 2 seats. Basic - Starts at $9/month. Standard- Starts at $12/month. Pro - Starts at $19/month. Enterprise - Contact the sales team to know about the pricing details. |
| Official Website | https://monday.com/ |
Read the review here.
15. SkuVault
SkuVault is designed for e-commerce businesses. It helps them manage their inventory across multiple channels and industries of various sizes. They focus on warehouse management, inventory control, and order accuracy.
| SkuVault | Distinguished Features |
|---|---|
| Best for | E-commerce businesses like Amazon FBA sellers seeking advanced features and optimization specifically for the Amazon marketplace. |
| Features | Inventory visibility, order management, automated repricing tools, purchase order generation, advanced analytics and reporting, multi-channel integrations, and warehouse optimization. |
| Benefits/Pros | Integrates with various sales channels, has a user-friendly interface, increased profitability through optimized FBA operations, improved inventory control and accuracy, reduced costs, and increased sales with automated repricing. |
| Cons | No free trial or free version of the software is available for use. |
| Monday.com Pricing | The plan Linnworks One is available with add-ons for customizations. However, they claim to offer custom pricing based on business needs. Approach the sales desk and schedule a meeting at your time of convenience |
| Official Website | https://www.skuvault.com/ |
Read the review here.
Conclusion:
Choosing the right ERP-compatible inventory management software for your business is like selecting the right tool to write in different mediums such as paper, canvas or digital medium. These software systems streamline operations, boost efficiency, and help you gain gaining a competitive edge.
Remember, this list is just a starting point
Compare the software and the pricing models they offer, compare your requirement checklist with the list they offer! I agree it can be a hassle to get the wheel of work rotating efficiently just the way you desire.
How about a business automation software that will consume the information you have to provide you with the solution you need?
A custom solution that is competitively priced, apposite your specific needs and industry and also empowers you to make decisions that elevate your business growth. It is not just inventory and data, it depends on how you leverage INVENTORY DATA to its full potential!
Read more comparisons:
