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Top 10 Inventory Management Software
July 19, 2023 | Editor: Michael Stromann
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Inventory management software enables businesses to effectively manage and track inventory, from receiving and storage to order fulfillment and shipping. With features like real-time inventory visibility, barcode scanning, and integration with other business systems, warehouse management software empowers organizations to achieve better inventory control, improve order accuracy, and enhance customer satisfaction.
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QuickBooks Online puts you in control of your finances, your time, your business—and where you work. From setup to support, QuickBooks Online makes your accounting easy. With simple tools to get you started, free support, and a money-back guarantee, QuickBooks Online is the effortless choice.
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Accept credit cards on your iPhone, Android or iPad. Send invoices free with Square Invoices. Signing up for Square is fast and free, and there are no commitments or long-term contracts like with alternative services.
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Cin7 is the leading inventory management and growth platform helping modern product sellers thrive. Connect every sales channel and automate orders end to end.
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Unleashed is powerful inventory management software. Accurately manage your inventory online, in real time, with Unleashed. Unleashed is packed with powerful features to benefit your business.
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Brightpearl gives you a central hub to help you manage the heart of your business - orders, inventory, customer data, accounting and reporting all together in one place. Reduce manual operations and manage your orders from multiple sales channels in one place. Enjoy full print, pick, pack and ship functionality and integrate with multiple leading carriers globally.
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The #1 Manufacturing & Warehouse Management Solution for QuickBooks. Pick, pack, and ship products. Avoid stockouts and overstocks. Manage multiple warehouses. Integrate with ecommerce solutions
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Zoho Inventory is a powerful order management software that takes care of your stock management, purchase and sales orders.
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inFlow Inventory Software is an inventory system for small to mid size businesses to handle sales, purchasing, and inventory management and control.
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Cin7 Orderhive is an ecommerce automation platform that helps you save your time and focus on growing your business. Simple and Powerful Multichannel Inventory management software to help you track orders, control inventory, create shipments,raise purchases and much more.
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Ecommerce Inventory management software. Connect channels, organize warehouses, and manage inventory more efficiently by trading spreadsheets for easy-to-use software.
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Acctivate QuickBooks inventory management software is powerful enough to run your entire business, yet simple enough for everyone in your business to use.
Latest news about Inventory Management Software
2022. Syrup Tech bags $6.3M to develop some sweet inventory-planning software
Syrup Tech, a startup that utilizes artificial intelligence and machine learning, has secured $6.3 million in funding. The company's innovative approach involves aggregating various data sources, including transactional data, marketing insights, inventory details, social media trends, and even weather patterns. By leveraging this data, Syrup Tech generates predictive inventory recommendations. Inventory management has become increasingly challenging, with brands grappling with stockouts and subsequently overcompensating by overordering. This results in excess inventory and the need for markdowns, which can lead to wastage as unsold products end up in landfills. Moreover, supply chain disruptions have further complicated inventory management. Syrup Tech aims to address these issues by providing timely recommendations. For example, if there is a 40-day wait for a specific item, merchandisers can place their orders promptly, whereas if the wait is only 10 days, they can postpone their decisions accordingly.
2021. Cin7 acquires DEAR Systems, Orderhive to create SaaS inventory management Leader
Cin7, a trailblazing company specializing in inventory and order management software, has successfully acquired DEAR Systems and Orderhive. This strategic move has established Cin7 as a prominent provider of Software-as-a-Service (SaaS) solutions for managing inventory and orders across various types of product sellers. By aiding thousands of small to mid-sized businesses, Cin7 significantly decreases the expenses, time, and effort involved in selling products. The acquisition of DEAR Systems and Orderhive expands Cin7's capabilities in assisting product sellers with essential aspects such as shipping, manufacturing, warehouse management, and automation. DEAR Systems brings additional manufacturing functionalities and a user-friendly interface, catering specifically to small- and medium-sized businesses (SMBs) and manufacturers. On the other hand, Orderhive elevates ecommerce capabilities to new heights and serves as an excellent option for ecommerce sellers engaged in high-volume and high-velocity sales. With a broader range of solutions available to suit various budgets, the combined forces of Cin7 strive to minimize reliance on disjointed software solutions and manual processes.
2020. Intuit acquires inventory management software TradeGecko
Intuit, a US-based business and financial software company, has made a deal to purchase TradeGecko, a Singaporean software-as-a-service company specializing in online inventory and order management software for small businesses. The acquisition, valued at $80 million, aims to combine TradeGecko's inventory and order management capabilities with Intuit's QuickBooks accounting platform. This integration will enable QuickBooks Online customers to effectively launch and oversee products across online and offline sales channels. Additionally, they will be able to handle orders and inventory fulfillment from different channels and multiple inventory locations, as stated in the announcement.
2020. Square acquires inventory management company Stitch Labs
The financial services, merchant services aggregator, and mobile payment company Square has acquired Stitch Labs, a company that specializes in inventory management software. Square, which is widely used by over 33.5 million small businesses for various purposes like accepting credit card payments, tracking sales and inventory, and obtaining financing, aims to enhance its Seller ecosystem by incorporating Stitch Labs' expertise. Currently, Square's functionality falls short of providing a complete inventory and order management system or fully meeting the needs of advanced Stitch Labs users. However, there is potential for Square to expand its software capabilities in the future with the assistance of the Stitch Labs team. In the meantime, we have compiled a list of the best alternatives to Stitch Labs that are currently available on the market.
2018. Zoho Inventory gets new Android app
Zoho has introduced a brand-new Android app for Zoho Inventory, enabling users to manage order and warehouse operations conveniently while on the move. With the mobile app, you can instantly add items to your inventory and access comprehensive information about item groups and composite items. Utilize the mobile camera as a barcode scanner to quickly retrieve item details in your warehouse. The app also facilitates the entire order fulfillment process, from creating sales orders to product shipping, providing a seamless experience. Stay informed about reordering needs through timely notifications. Additionally, the mobile app provides a streamlined overview of shipment status for each order with just a single tap.
2015. Zoho launched inventory management service Zoho Inventory
To streamline the order and inventory process, Zoho has introduced its latest app called Zoho Inventory. This comprehensive solution combines a range of powerful features to simplify the entire order management cycle. It seamlessly integrates with popular platforms like Amazon, eBay, Shopify, and Etsy, allowing you to expand your sales opportunities and efficiently manage orders from multiple channels. With integration of over 25 shipping services, you can access real-time shipping rates and stay updated on the latest transit information. The automatic reordering feature sends notifications when stock levels are running low, ensuring you never run out of essential items. As stock moves in and out, Zoho Inventory automatically updates inventory quantities across all your selling channels. Additionally, Zoho Inventory offers a mobile app that enables users to conveniently track orders, inventory, and shipments directly from their mobile devices. Pricing for Zoho Inventory starts at $29 per Organization/Month.
2015. Cloud inventory management service TradeGecko snags $6.5M
TradeGecko, a SaaS service designed to streamline inventory and order management for business owners, has successfully raised $6.5 million in a Series A funding round. The capital infusion will be utilized to expand TradeGecko's team by hiring new employees, particularly in customer support, as well as to develop new product features and broaden the company's operations in the United States and Australia. TradeGecko's platform caters to both B2C retailers and wholesalers, with a focus on businesses generating annual revenues ranging from $1 million to $30 million, although some customers exceed $95 million in revenue. Many of TradeGecko's clients find traditional ERP software like SAP too costly, making TradeGecko's subscription pricing model a more accessible option. The cloud-based software can be accessed through desktop computers and mobile devices, and it seamlessly integrates with popular accounting, shipping, and e-commerce platforms such as Quickbooks, Xero, Shopify, Bigcommerce, and ShipStation.
2014. Intuit buys Lettuce for $30M to add inventory and order management to Quickbooks
Intuit has expanded its portfolio by acquiring Lettuce, a platform designed for online order and inventory management, aiming to solidify its position as the leading provider of cloud-based office solutions for small and medium businesses. Unlike typical acquisitions where the purchased product is either shut down or its technology repurposed for a new service, Intuit plans to keep Lettuce functioning as an independent application. Additionally, Intuit intends to enhance the integration of Lettuce into its flagship small and medium business accounting product, Quickbooks, building upon the existing integration to provide a more comprehensive solution.
