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Inventory management software helps all types of businesses automate inventory processes, operate efficiently and increase profits. No matter which industry your business operates, if it has inventory, inventory management software can improve operating efficiencies, customer service and overall profitability. Forbes Advisor researched the best inventory management software solutions and ranked 10 top picks based on their price, features and more. Warehouse Scanner Handheld
The Forbes Advisor Small Business team is committed to bringing you unbiased rankings and information with full editorial independence. We use product data, strategic methodologies and expert insights to inform all of our content and guide you in making the best decisions for your business journey.
We reviewed several software providers using a detailed methodology to help you find the 10 best inventory management software options. Our ratings consider factors related to pricing, general and additional features, actual user reviews and a final analysis by our panel of experts. All ratings are determined solely by our editorial team.
Cin7 packs a ton of integrations, stock tracking, automated purchasing and warehouse management tools into plans that fit most business budgets. Paired with online stores and marketplaces and your choice of shipping software, Cin7 provides a seamless end-to-end order, inventory and shipping management with stock tracking and warehouse management features that are top-notch.
You can sync stock levels in multiple warehouses, track parts for bundled and assembled goods, automate purchase orders based on sales velocity and automate order forwarding to warehouses and dropship suppliers for fulfillment. You can also track in-store sales alongside online sales with the built-in point-of-sale (POS) feature available on every Cin7 plan.
Cin7 provides 24/7 support on all plans plus complete online tutorials and knowledge base resources.
Cin7 is ideal for fast-growing online sellers who want fulfillment and purchasing automation, seamless multichannel online sales options, plus a POS for in-store sales.
per month, free plan for shipping only
per month, free plan for shipping only
Ordoro is an end-to-end inventory management software that streamlines every aspect of multichannel sales, from supply chain management and parts-based inventory tracking to shipping. Ordoro syncs inventory levels and shipping status in real time with virtually every e-commerce platform and online marketplace. It also syncs retail inventory management through POS integrations with Square, Shopify and others via open API.
Ordoro’s purchasing automation sets it apart from the competition. It automatically forwards orders to multiple warehouses and dropship vendors for fulfillment. And it creates one-click purchase orders based on sales forecasting or reorder quantities. Ordoro is also a powerhouse for manufactured goods and order bundling. Kitting features that track raw goods and parts to finished products ready to ship are ideal tools for custom items, made-when-ordered goods and subscription boxes.
Ordoro provides live phone support from 9 a.m. to 6 p.m. Monday through Friday, along with support tickets and an online knowledge base.
Ordoro is ideal for multichannel e-commerce businesses that want to sync inventory across all sales channels, track raw goods and parts for kitted items and easily manage dropship and supplier purchase orders.
inFlow delivers all of the stock tracking, purchasing and fulfillment features you expect in advanced inventory management software, along with perks specifically geared for B2B and wholesale businesses. inFlow’s stock management system meets the end-to-end needs of both retailers and manufacturers.
It supports parts, assemblies and finished unit tracking with or without barcodes along with multi-warehouse management, dropshipping and purchasing automation. inFlow also integrates with top e-commerce platforms, marketplaces, shipping apps and third-party logistics (3PL) providers.
Where inFlow rises above the rest is in B2B and wholesale features. You can create virtual showrooms using selected inventory items and specify the data that various clients see, such as pricing, minimum quantities and shipping times. inFlow also supports B2B quotes and invoicing, sales rep order routing, production workflows for manufacturing, kitting for made-when-ordered goods, plus location mapping for efficient pick-and-pack processes.
inFlow provides live phone support during select hours on business days, plus live chat and email assistance, and a complete online resource center with video tutorials.
inFlow inventory management is a top pick for startup and growing businesses that focus on B2B and wholesale markets. And it suits both B2B and B2C e-commerce sellers.
Katana’s end-to-end inventory management software easily meets the order management, inventory tracking and shipping needs of any type of e-commerce, multichannel and B2B business. However, its real strength is the manufacturing sector. Katana delivers every inventory management feature that manufacturers need, such as barcode-enabled parts tracking, production planning, assembly tracking, storage and shop floor management, supplier logistics and much more.
Katana delivers a ton of inventory and workflow management power at a great price. Its base Essential plan is just $99 per month when paid annually and includes all essential parts, project and finished unit inventory management tools. Moving to the Advanced plan costs $299 per month, paid annually, and adds multi-warehouse and supply chain tools, barcode support, the shop floor management app and more. All features considered, Katana’s inventory management software is a terrific value for manufacturers and many other shipping-based businesses.
Katana provides 24/7 phone support via chat and email with a one- to two-hour average response time, plus complete online knowledge base.
Katana’s inventory management system is ideal for small to large-scale B2B and B2C manufacturers and it is a good value for e-commerce and multichannel resellers.
Zoho offers feature-packed inventory management software at pricing that’s hard to beat for startups and growing businesses. Zoho’s end-to-end order management, inventory tracking and shipping tools support all types of shipping-based businesses. Even product bundling and kitting functions, which Zoho calls “composite items,” are available in the free version. This is a key feature for any business selling custom, made-per-order or subscription box items.
The only reason Zoho didn’t win the Best Overall spot is its limited e-commerce integrations. Zoho only integrates with Shopify and Zoho Commerce e-commerce platforms and Amazon, Etsy and eBay marketplaces. If these are your sales channels of choice, then Zoho is one to consider. Time-saving features include autofill purchase orders, one-click dropship management and multiwarehouse management. Best of all, Zoho’s top-tier plans support large-scale sellers, so you can start small and stick with Zoho as you grow.
Zoho provides 24/7 phone support via chat and email with one- to two-hour average response times, plus an extensive online knowledge base.
E-commerce startups and small businesses that use Shopify, Zoho Commerce and supported marketplaces will appreciate all that Zoho offers for advanced inventory, supplier and order management.
ShipBob is a leader in third-party fulfillment and logistic (3PL) services. In 2022, it released Merchant Plus, a stand-alone version of its power-packed inventory management software. Now, shippers can use ShipBob’s cutting-edge supply chain, inventory and shipping tools for inventory that they manage and ship from their own facilities. Plus, they can leverage ShipBob’s nationwide carrier networks, fulfillment expertise and personalized support.
ShipBob’s Merchant Plus delivers every feature that e-commerce, B2B and multichannel sellers need to succeed, from automated purchase orders to multi-warehouse inventory tracking and shipping. It also supports kitted orders and parts assemblies, granular pick-and-pack processes, EDI connections to vendors, dropshippers and retail clients, plus seamless integrations with virtually all e-commerce and online marketplaces for orders and returns. Best of all, if you need to expand your warehousing and fulfillment beyond your own facilities, ShipBob’s full-service 3PL option is just a click away.
ShipBob provides phone support from 9 a.m. to 5 p.m. CT, Monday through Friday, and chat support from 6 a.m. to 10 p.m. CT, seven days per week.
ShipBob’s Merchant Plus fits the needs of larger omnichannel, wholesale and B2B businesses that need end-to-end supply chain, order and inventory management software for hybrid in-house and outsourced order fulfillment.
Must contact for a quote
Must contact for a quote
Fishbowl Inventory is feature-packed advanced inventory management software designed for larger manufacturers, e-commerce businesses and multichannel sellers. Any business can use Fishbowl Inventory’s many manufacturing and warehousing logistics tools, but it’s designed to work seamlessly in the QuickBooks and Xero accounting software environments. Fishbowl centralizes all inventory parts and finished goods tracking, supplier purchasing and warehousing data and makes this available to all users in one or many locations.
With a starting price tag of $4,395 per user, and annual support renewals starting at around $1,395 per user, Fishbowl Inventory can be pricey for small businesses with several users. However, manufacturers can streamline production by tracking parts through assembly phases, storage and fulfillment. Likewise, large-scale shippers, especially those that bundle products or sell subscription boxes, can benefit from Fishbowl’s granular multichannel sales and multi-warehouse fulfillment features.
Fishbowl Inventory provides phone support from 6 a.m. to 6 p.m. Monday through Friday, MT, and limited paid after-hours support is available. Users can also find answers in Fishbowl’s online training videos and resource center.
Fishbowl Inventory is an ideal advanced inventory software option for manufacturers and large-scale shipping businesses that use QuickBooks or Xero accounting systems.
Skubana, now known as Extensiv, is specifically designed to support high-volume sellers on top online marketplaces such as Amazon, Walmart, eBay, plus virtually every e-commerce platform imaginable. It delivers a complete set of multichannel order, inventory, warehousing, reporting and supplier management features. Extensiv also syncs stock in real time across all sales platforms and routes orders to unlimited warehouses and fulfillment centers globally, including Fulfillment by Amazon (FBA) and Walmart Fulfillment Services (WFS).
Along with supporting global marketplace power-sellers, Extensiv delivers cutting-edge order routing automations for high-volume dropshippers. Many inventory management systems support dropshipping, but Extensiv’s automated workflows are in a league of their own. With FTP and API connections to supplier data, customized dropship purchase order rules, custom templates and auto-send purchase orders, Extensiv takes this time-consuming task off your plate. Extensiv isn’t an entry-level system, but if dropshipping drives a large portion of sales and automation is your goal, it’s a serious contender.
Extensiv provides ticket-based customer support and an extensive online knowledge base.
Multichannel online sellers looking to automate dropshipping tasks and track stock in multiple warehouses, outsourced fulfillment centers, FBA and WFS worldwide are a fit for Extensiv.
Sortly is economical and easy-to-use inventory and asset tracking software that works very well for specific needs. It’s not an end-to-end order, inventory and shipping management system like many inventory solutions, nor is it as pricey as the competition. Sortly’s strength is easily tracking the quantities and locations of all sorts of items, including goods for sale, office supplies, project materials and equipment assets used in your business. There’s no purchase order function, but you can set reorder levels and low-stock notifications on items.
Sortly generates barcodes for quick scanning and counting, plus supports QR codes that display item details and other notable data when scanned. This is a handy perk for assigning equipment or supplies to a project or marking parts for assembled goods. You can also group items by storage location or other factors, such as display area, projects, clients or teams. This lets you easily refill retail shelves, track equipment assigned to teams and bundle parts for projects.
Sortly provides email and online help center support, plus scheduled phone support on the top plan tier.
Sortly is a good fit for individuals, small retailers, service providers, project-based businesses, offices and nonprofits looking for an economical and user-friendly inventory and asset tracking solution.
per month (billed annually); per-quote plan
per month (billed annually); per-quote plan
monday.com is a highly customizable cloud-based workforce, project and operations management system that offers a versatile set of inventory management capabilities. monday.com runs on hundreds of functional templates, including a ready-to-go inventory template that’s available in the free plan.
Out of the box, this template tracks stock levels, vendors and warehouse locations for your inventory items. You can connect the data to other monday.com sheets or templates to automate many functions including order-based stock updates, reorder notifications and resupply or dropship purchase orders. You can also import orders from e-commerce and marketplace platforms directly or via Zapier connections.
While monday.com can fit small business inventory needs, it’s not a turnkey advanced inventory management software system such as others featured here. Features such as item barcodes, automated purchase orders, sales-based forecasting and multi-warehouse automations require customization or widget add-ons that increase your costs. Also, there’s quite a learning curve to monday.com, but it works well for startups and small businesses willing to connect the dots.
monday.com provides 24/7 online ticket support and has a robust resource center with hundreds of free templates and customization guides.
Learn more:Read our full monday.com review .
monday.com’s inventory template and customization features are very workable for small businesses looking for free or low-cost inventory management software.
Inventory management involves tracking incoming and outgoing products and supplies. And inventory management software automates the process of tracking, reordering and updating inventory. It integrates with relevant operation systems such as your point-of-sale and accounting software. That way, it can streamline all inventory-related processes.
With the best inventory management software, you’ll track your business’s current inventory levels accurately to identify your current needs and take necessary steps to ensure you fulfill customer orders without holding too much of specific items.
Inventory management software is an essential tool for any inventory-driven business. This includes retailers, e-commerce sellers, manufacturers and businesses that use tools and equipment in the completion of services.
Businesses typically list higher profits, streamlined operations and improved customer service as the top benefits of sound inventory management. However, to achieve these goals, inventory practices must be optimized at a granular level. That’s where inventory management software works its magic.
Barcode Handheld Scanner For example, efficiency and customer service depend on accurate stock tracking, purchasing and receiving, on-time delivery and real-time inventory sync with sales platforms. Each of these operating factors requires reliable inventory management software. Likewise, minimizing losses from receiving errors, shrinkage and inefficient storage helps boost profits. Inventory management software is key to uncovering these issues and, together with other operating improvements, helps drive a more profitable operation.