11 Best Inventory Management Software in 2023

11 Best Inventory Management Software in 2023

With the best inventory management software you can not only maximize your business resource management but enhance its overall performance. It will help you streamline all basic processes to focus on more important and serious matters, without worrying about inventory management. By using the best services and applications, you can make your business as efficient as possible.

Top 11 Inventory Management Software

  1. Stitch Labs - Various useful options
  2. Zoho Inventory - Multichannel management
  3. TradeGecko - Multitasking
  4. DSers Stock Management - AliExpress official dropshipping partner
  5. Sellbrite - Overstock control
  6. ShipMonk - 60 useful integrations
  7. Ordoro - Suitable for complex business systems
  8. Cin7 - Built-in webinars and manuals
  9. Orderhive - The best cloud storage
  10. Lightspeed POS - Perfect customer support
  11. inFlow - Useful analytics

I’ve reviewed top 10 inventory software products on the market to tell you in detail about their advantages and disadvantages. With these inventory programs you can easily optimize your inventory management. You just need to use a whole set of useful functions offered by the developers. Once everything is systematized, further management will be performed faster.

1. Stitch Labs — Our Choice

Various useful options
  • Centralization of sales
  • Detailed informative reports
  • History tracking
  • Quality order management
  • None

Verdict: Stitch Labs is an integrated multi-channel inventory tracking software. As it centralizes inventory and controls sales, purchases, as well as order data, the program is highly useful for commercial businesses. Due to in-depth reports on retail sales, you can view inventory, financial position and sales velocity. These reports come in handy for further evaluation.

Besides, this inventory management software renews sales channels, transfers inventory, tracks units at transit and inbound points. Stitch Labs provides you with purchase order management, cost allocation, low stock alerts. It can also be useful for photographers as an alternative to photography studio management software.

stitch labs best inventory management software interface

2. Zoho Inventory

Multichannel management
  • Inventory control
  • Mobile access
  • High-end analytics
  • Product identification
  • High-priced

Verdict: Zoho Inventory is one of the best inventory management software products for basic business operations. Due to the program, you can effectively control inventory, purchase orders, sales orders, as well as shipments. You’re getting a completely out-of-the-box AI-powered inventory management system that can be adjusted and adapted for any business needs.

Zoho Inventory also supports various digital marketing platforms and helps run sales on marketplaces like Amazon, eBay, Etsy or Shopify. The program has a special tracking system that helps manage the movement of every item from the warehouse to the point of sale.

zoho inventory management software interface

3. TradeGecko

  • Inventory automation
  • Moving stocks across warehouses
  • Synchronization of stocks and orders
  • Generating orders
  • Challenging for novices

Verdict: Being developed specifically for e-commerce, TradeGecko is thought to be a powerful multipurpose inventory control software choice with different tools helpful for your business. Besides, TradeGecko helps keep a balance between B2B, B2C and the marketplace. It generates sales orders, sets shipping rates and provides a great number of other functions.

Besides, TradeGecko provides users with convenient reporting for operation control. Due to built-in analytics, you can view inventory optimization performance and adapt it to your needs.

tradegecko inventory management software interface

4. DSers Stock Management

AliExpress official dropshipping partner
  • Your products and prices are under reliable control
  • Automatic in-app notifications
  • The inventory information is updated automatically
  • The inventory information is updated automatically
  • It is more complicated than some other apps

Verdict: DSers Stock Management makes it easy to keep track of the number of available products in your stock. Plus, it includes an option to use substitute suppliers if you're running out of any of your AliExpress products from regular providers.

You will be automatically notified when each AliExpress product is out of stock or unavailable. In this way, you can act appropriately straight away. Updated inventory information will immediately appear in the application and your online store. DSers also allows you to mark a product out-of-stock in your store automatically if it is not available on AliExpress. In case you are looking for a solution that integrates with major eCommerce platforms and comes with product research tools, you can take a look at other dropshipping software available on the market today.

sellbrite inventory management software interface

5. Sellbrite

Overstock control
  • Multichannel control
  • Inventory automation
  • Convenient warehouse control
  • Useful reporting
  • Certain setbacks may occur

Verdict: Sellbrite comes with inventory management tools that offer you complete control over your stock goods. One of the primary advantages of this software is the full protection against product resale. This platform was developed to help businesses maintain a balance between stocks, sales and orders.

The program is perfect for businesses with hundreds or even thousands of products. Sellbrite allows users to easily view and manage reserved, in-stock inventory and available products. Stock adjustments are made automatically, which reduces the amount of monotonous work, saving your time, costs and effort. Besides, the inventory system can be used in combination with one of the free personal document management software products.

sellbrite inventory management software interface

6. ShipMonk

60 useful integrations
  • Qualitative forecasting
  • Integration with marketplaces
  • Detailed analytics
  • Multichannel management
  • Some setbacks

Verdict: ShipMonk is an inventory management system that helps optimize e-commerce business. By using its tools, you can get access to SKUs, check stock levels, track orders, calculate shipping costs, export critical data, etc.

The multi-channel E-commerce inventory management software is an attractive service due to more than 60 integrations with popular marketplaces and services like Amazon, eBay, Etsy, Shopify, Cratejoy, Weebly, Target, Walmart, etc. By the way, you can always increase your chance to sell the product by using the tutorial on Amazon product photography. Besides, ShipMonk generates high-quality reporting on inventory optimization, which allows you to take timely action.

shipmonk inventory management software interface

7. Ordoro

Suitable for complex business systems
  • Remote delivery
  • Cloud storage
  • Detailed analytics
  • Orders automation
  • High-priced

Verdict: Since Ordoro is a cloud-based inventory tracking system that allows users to get fast access to their private suits without downloading or installing the app. POS-integration offers simple back-office management for better inventory control, so you can sell your goods or services anywhere and anytime.

Automatic delivery management is one of the most useful tools offered by the software. Ordoro also gives you the ability to accept sales orders that include multiple products and separate the supplied items from the general stock.

ordoro inventory management software interface

8. Cin7

Built-in webinars and manuals
  • A great number of training materials
  • POS sync
  • Multichannel control
  • Convenient online sales
  • Individual price calculation

Verdict: Cin7 is one of the best inventory management software solutions that integrates online sales channels, POS systems, warehouses, electronic data interchange (EDI) and third-party logistics (3PL) to create a complex business system.

It’s perfect for businesses of all sizes, from self-employed freelancers and start-ups to small/medium-sized companies and large enterprises. With its help, you can control stocks, track sales and determine the demand for goods or services.

One of the best features of this inventory management system is its extensive knowledge base, which includes expert articles and videos that help users master all the tools. The only disadvantage is the individual calculation of the price, which often turns out to be rather high.

cin7 inventory management software interface

9. Orderhive

Best cloud storage
  • Fast data import
  • Tracks up to 300 orders
  • Centralized management
  • Reporting and analytics
  • Too expensive

Verdict: Orderhive is a smart inventory management program that is ideal for small, medium-sized and large businesses. The program will automatically import products, services, customers and orders from your store into the system in just a few seconds. You can combine all your inventory, shipping, accounting, payments and CRM processes in one perpetual inventory system.

Due to detailed real-time analytics, you can make the necessary improvements and maximize the performance of your store. Thanks to the convenient and centralized management, you can ensure fast and efficient processing and delivery of customer orders without delays.

orderhive inventory management software interface

10. Lightspeed POS

Perfect customer support
  • Constant upgrades
  • Inventory analytics
  • Control over shares
  • Some setbacks
  • Challenging for novices

Verdict: Lightspeed POS is an all-in-one warehouse inventory management software solution that’s truly useful for growing businesses. This system allows you to control your inventory, leftover goods and sales, as well as keep track of promotions and discounts.

Lightspeed POS creates profiles for all customers, where it stores their purchase history and preferences. The program provides users with 24/7 support through webinars, consultations, assistance and helpful guides.

lightspeed pos inventory management software interface

11. inFlow

Useful analytics
  • Ideal for beginners
  • Detailed inventory analysis
  • Order generation
  • High-priced
  • Certain setbacks may occur

Verdict: inFlow is a simple inventory management software product that is used in a variety of industries, including retail, e-commerce, wholesale, manufacturing, etc. The program is specially designed to simplify the work with inventory, so it is ideal for novices.

A user is provided with a variety of organizational tools that allow him to sort inventory items by location and purpose. The key selling point of this program is its high-quality analytics, which is great for finding weaknesses and eliminating possible problems.

inflow inventory management software interface