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5 Best Inventory Management Software for your Ecommerce Business

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Managing multiple channels and inventory without eCommerce inventory management software can get difficult and complicated, and easily get out of hand.

 

Thankfully, there are several solutions to make your life easier and enable you to take your business to greater heights. 

 

These inventory management softwares apply for Amazon sellers, Shopify store owners, WooCommerce stores, Etsy sellers, Ebay sellers, and any other eCommerce platform.

 

1. eComEngine

 

A screenshot of the eComEngine website home page.

 

eComEngine offers seller tools specifically catered to Amazon businesses. This eCommerce inventory management software is designed to save sellers time via automation and improve their bottom line. 

 

One of these software solutions is RestockPro. This Fulfilled-By-Amazon (FBA) inventory management software tells you what products need to be restocked and when that needs to happen. RestockPro allows for closer monitoring of inventory at all stages, from forecasting, to purchase order creation, to labeling, to shipping, and everything else in between. Currently, this software is only available to FBA sellers and is available in 10 countries, namely: Australia, Canada, France, Germany, Italy, Mexico, Netherlands, Spain, the UK, and the US.

 

RestockPro benefits

 

  • Increase your profitability while minimizing FBA fees
  • Gain accurate forecasting and restock suggestions powered by more than 70 data points
  • Avoid running out of stock. Restock in just a few clicks
  • Improve your IPI
  • Increase the overall efficiency of your business through their streamlined process
  • Receive automatically synced and calculated fees
  • Create kits that increase profits – RestockPro can help you build profitable kits, bundles, and multipacks and help manage the individual parts of them easily. Their Kit Optimizer is available at any RestockPro tier. 
  • Securely keep track of your suppliers, products, and FBA data – Get an overview of inventory and indicate restock desire through useful filters, tags, notes, and others

 

Click here for details on RestockPro Pricing.

 

2. SellerMobile

 

A screenshot of the SellerMobile website home page.

 

SellerMobile offers a comprehensive variety of eCommerce inventory management software tools and insightful data-powered software solutions to help eCommerce sellers on Amazon scale their business and streamline their operations. This valuable data allows these businesses to make better business decisions toward profitability and growth. Their solutions include both web-based and mobile management tools, such as inventory analytics and management, sales and lost sales analysis, and restock management. Currently, SellerMobile integrates with 17 Amazon marketplaces.

 

One of their main selling points is their mobile app that provides real-time data and notifications, clear dashboards with valuable marketing metrics, and performance tracking. 

 

Inventory Analytics and Management – Through integrated Seller Central data, you are able to keep a closer watch on the amount of stock and the movement of your inventory from orders all the way to deliveries. You can meet demand, prevent stocking issues, and make more sales.  

 

Inventory Analytics and Inventory Management Features

 

  • Examine lost sales due to stockouts and take action to lessen this number 
  • Keep an eye on how long your inventory has remained in storage and save on long-term storage fees
  • Improve your IPI
  • Assign suppliers for improved inventory management and restocking
  • Receive synchronized storage data across all your distribution channels
  • Receive algorithm-powered forecasting on the demand for your products 
  • Manually edit supplier lead times when needs change due to world events and as seasons change
  • Receive restock suggestions and create FBA restock plans
  • Inform your purchase order habits via demand forecasting
  • Track important metrics and get notified in real-time of any changes 

 

Click here for detailed Sellermobile pricing plans

 

3. Linnworks

 

inventory management software

 

Linnworks is all about commerce control in one place. They offer multiple eCommerce inventory management software to connect and automate commerce processes to ensure businesses are taking full advantage of every opportunity to increase revenue, reach all their customers, and scale.They integrate with more than 100 companies, including Amazon, BigCommerce, eBay, Walmart, etc. 

 

Inventory Management

 

Simple multichannel and multi-marketplace inventory management all in one place for scaling businesses. 

 

  • Work with real-time inventory data for all locations and channels from one centralized place
  • Get accurate multi-channel, multi-location stock level management to ensure nothing is understocked, overstocked, or expired, negatively affecting sales. 
  • Sync stock levels across all channels. 
  • Gain access to demand forecasting to let you know what needs restocking at what time of year 
    • Manage product listings on one channel when stock selling out and go live again automatically when product comes back in stock
    • Listing Optimization – This includes automatic activation of a product listing once restocked and enabling listings to be automatically marked out-of-stock when at a certain threshold.
    • Track inventory to ensure stock availability in each location 
  • Automation 
    • Track stock levels and inventory movement automatically at every step and location (warehouse, distribution centers, 3PL providers, shipments, etc. )
    • Automatic stock updates in Linnworks for FBA location storage  
    • Automation of tasks that are usually manual, like stock availability and location monitoring
  • Manage supplier relationships
    • Keep important supplier information, like lead times and minimum order quantities. 
    • Spend less time and energy on purchase order creation and reordering processes with automations, plus stock booking features and product returns management that’s quickly matched against invoicing.

 

Inventory/Stock Forecasting

 

Take control and improve your forecast accuracy by inputting daily average consumption figures, specifying seasonality, demand and on-hand stock times, and basing on supplier lead time. 

 

  • Get your stock-planning and specified quantity reordering underway on a per SKU basis. 
  • Automate purchase orders, receive restock recommendations, and manage suppliers by assigning them individual products and lead times. 
  • Drive decisions based historical sales data, seasonal trends and other forecasting insights

 

Linnworks runs on a custom pricing basis. Request a demo to get a custom quote.

 

4. Skubana

 

inventory management software

 

Skubana, now Extensiv Order Manager, aims to expand the limits of sellers and provide them with the means to grow into greater success. Extensiv is all about multi-channel fulfillment and integrates with leading eCommerce platforms, marketplaces and 3PLs. Their integrated cloud based management solutions provide greater flexibility allowing you to oversee your business operations, gain important insights, exercise control over all your business processes, and fulfill customer demands.

 

Extensiv has what it calls its Three Core Superpowers:

 

Unify

 

  • View your operations through one clear dashboard for all warehouses, channels, and products
  • Keep track of all your suppliers and related operations through a unified database. 
  • Teams can manage your operations efficiently, coordinate more effectively, view the same information, and find growth opportunities. 

 

Automate

 

  • Real-time data powered automation
  • Automated order fulfillment, over and underselling prevention, and purchase order/reorder creation
  • Synced data across orders, inventory, and purchasing operations.
  • Outsource real-time rate-shopping, automatic fulfillment center order routing for efficiency, and more by program Extensiv Orderbots to take care of it all
  • Smart restocking automation based on observed patterns 

 

Grow

 

Maximize your business growth through data-backed recommendations and optional integrations. 

 

  • Leverage real-time inventory counts and speed of sales to increase profitability. 
  • Identify your best and worst performing channels and maximize accordingly
  • Consolidate analytics – Manage all data for all products, inventory, orders, customers, and accounting by consolidating analytics to make it easy to look into the money-makers, money-drainers, and customers to whom you should pay more attention
  • Track profit margin via their SKU Profitability Report

 

Here are Extensiv’s most important and valued features in relation to Inventory Management:

 

  • Multichannel support – Work with synchronized data across multiple channels for your orders, inventory, and sales.
    • Extensiv has high-level management solutions that make scaling an eCommerce business so much easier. 
  • Round the clock, real-time, accurate updates on stock level and inventory count for all products
  • Integrations – Get a higher level of functionality with data integrations to warehouse management software, accounting software, and others. Integrate with Amazon, Shopify, Walmart and other marketplaces you operate on. 

 

Get a personalized quote and dive deeper into Extensiv pricing mechanics here.

 

5. Quickbooks Commerce

 

inventory management software

 

QuickBooks, with its Desktop and Online versions, is typically known for its bookkeeping and accounting software. However, they offer many more services related to business management, including eCommerce inventory management software. Their services are custom fit for businesses in practically every industry and cater to different business types, including startups, sole-entrepreneurs, and small to medium-sized businesses. QuickBooks Commerce is their e-Commerce management solution, and an integrated aspect of QuickBooks, a trademark of Intuit.



QuickBooks Commerce gives you the reins with: 

 

Multi-channel listing, management, and sales tracking 

 

  • Having multiple channels means more people are more likely to see your product and buy from you, but it’s a big job. QuickBooks Commerce makes it much easier to grow your business effectively.  
  • Timely restock notifications

 

E-commerce accounting

 

  • Connect your online sales account and channels to keep tabs on orders and payouts. Accounting adds another way of tracking your inventory.  

 

Real-time quantity updates on the status of your inventory

 

  • Inventory calculator – prevents understocking, overstocking and subsequently prevents under or overselling 
  • Automatic low stock alerts 
  • Automatic purchase order conversion – Pay vendors on time when you receive your inventory.

 

Customized reports on the status of your inventory

 

  • View valuable sales metrics such as total sales and what are your best sellers. The Inventory Summary report allows for simple stock tracking. Gain access to these and a variety of other reports with QuickBooks Online Plus and Advanced. 
  • Online sales syncing and integration with popular selling platforms like Amazon, Etsy, and Shopify. Get access to multi-channel syncing, data integration for insights, and automatic order import and refund capabilities.

 

QuickBooks Commerce and Inventory Tracking are features available for the 2 main types of plans: QuickBooks Desktop and QuickBooks Online (Plus and Advanced). Check here for detailed QuickBooks Plus and Advanced pricing

 

Final Thoughts on Inventory Management Software

 

These are just 5 of what we think are the best eCommerce inventory management software tools. These 5 specifically are what we recommend for businesses that are looking to scale in terms of both sales and product offering. 

 

Whichever tool you choose, make sure that you can test it out to see if it’s really what you need to help your business grow and thrive.

Want bookkeeping off your plate? We’ve got you! Get started, Speak w/ a Founder, or Schedule a Callback

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Julia Valdez

Julia Valdez

Julia Valdez is Freelance Writer and Agency Owner. She regularly writes on topics related to Business Finances, Growth, Hiring, Entrepreneurship, and more.

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