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Inventory Management Software

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Netstock logo



Make faster supply chain planning decisions with Netstock.

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NETSTOCK is an affordable cloud-based app that integrates with most ERPs to help companies with their inventory management. Balance your inventory investment by minimizing stock outs and reducing excess stock.

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InventoryCloud logo



A better inventory management software.

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Wasp inventory control and management solutions are designed for businesses to quickly and accurately perform audits, eliminate write-offs and unnecessary stockouts, and more.

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Finale Inventory logo

Finale Inventory


See why companies are saying: Finally, I've found Finale.

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Finale Inventory provides a complete inventory management solution to prevent overselling on marketplaces and shopping carts, powerful reordering capabilities to prevent running out of stock, and an integrated barcoding scanning solution for efficient warehouse fulfillment operations.

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Inventory Planner logo

Inventory Planner


Cloud-based inventory planning and forecasting software

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Inventory Planner is a software that helps businesses automate inventory management and planning on a centralized platform. It is an essential tool for businesses with large inventories and multiple locations. Avoid overstock and out-of-stocks through accurate, data-driven forecasting.

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StockIQ logo



Supply chain planning solution for managing inventory

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StockIQ is a supply chain management (SCM) solution that helps businesses in manufacturing, logistics, healthcare & other industries manage suppliers, inventory, promotions, and more. The system enables forecasting of upcoming events using predictive analytics to ensure stock availability.

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Katana Cloud Manufacturing logo

Katana Cloud Manufacturing


Cloud manufacturing platform to make business easier.

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Katana is a cloud manufacturing platform built for inventory management, giving you the ability to automate stock reorders, and work with made-to-stock and made-to-order workflows.

With barcode scanning for stock-takes, and batch tracking available, you’ll always know where your products are.

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Thrive by Shopventory logo

Thrive by Shopventory


Real-time, cloud-based inventory management system

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Looking for inventory management and optimization? Look no further than Shopventory. Works seamlessly with your POS and eCommerce platforms. 30-day free trial.

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JIRA Service Management logo

JIRA Service Management


The only ITSM solution built on the Jira platform

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Formerly known as Jira Service Desk, Jira Service Management is an IT service management solution built on the popular Jira platform that unlocks high-velocity teams. Empowered teams can deliver great, coordinated service experiences, without the complexity of traditional ITSM.

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Jira Work Management logo

Jira Work Management


Cross-team collaboration & project management solution

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Jira makes it easy for operations teams to collaborate, align, and deliver work – all in one place.

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Zoho Inventory logo

Zoho Inventory


Order and inventory management for growing businesses

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Stay on top of your inventory at all times. Keep tabs on your stock right from order to delivery and never lose out on a sale again, with Zoho Inventory

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PackageX Inventory logo

PackageX Inventory


A complete inventory management software

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PackageX Inventory offers a complete inventory management system to warehouses, manufacturing, and eCommerce businesses to help them automate their inventory operations.

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DistributionPlus logo



Web-based ERP solution for SMBs and enterprises

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DistributionPlus is an integrated ERP solution with multi-deployment options for businesses to manage EDI, inventory, warehouse and eCommerce facilities

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SKULabs logo



Cloud-based inventory management and order fulfillment

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SKULabs full suite of inventory management solutions help you stay in stock and keep inventory moving within the warehouse to meet the needs of your operations. Your receiving/manufacturing staff no longer need to coordinate with your shippers to get orders out on-time according to your priority.

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SwiftCount logo



Visibility and efficiency in your warehouse

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Inventory management for small warehouses, e-commerce and small manufacturer.
Reduce errors and increase in-house visibility, all the while staying mobile.

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CommentSold logo



Social commerce & customer engagement solution for retailers

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CommentSold is a cloud-based social commerce solution which assists retailers with customer engagement and referrals. Its key features include catalog management, search engine optimization, predefined templates, data synchronization, channel management, reporting and customizable branding.

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CommerceBlitz OMNI Warehouse logo

CommerceBlitz OMNI Warehouse


Cloud-based warehouse and inventory management software

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CommerceBlitz OMNI Warehouse is a warehouse management software (WMS) designed to help businesses handle logistics operations such as drop shipping, inventory management, returns processing, and product distribution.

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Project Management Made Easy

visit website Work OS offers cloud-based inventory management, enabling you to manage and optimize inventory effortlessly. The customizable no-code features include inventory tracking, shipment tracking, automations, and integrations. Work OS empowers teams to customize their workflows.

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SKU IQ logo



Connected Retail - Sync your POS and eCommerce inventory.

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With SKU IQ you can save time by automatically having your POS and e-commerce inventory sync in real-time! We connect all major POS (Square, Clover, Lightspeed) with all major e-commerce systems (Shopify, WooCommerce, Wix, BigCommerce).

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UpKeep logo



Asset Operations Management Software

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UpKeep is an Asset Operations Management solution combining CMMS, EAM, and APM for maintenance, reliability and operations teams which allows users to manage their team, assign work orders, sync devices, and more.

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VeraCore logo



3PL warehouse management & order management for e-Commerce

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VeraCore offers Smart Warehouse and Order Management software for third-party fulfillment and eCommerce operations. This solution is designed to help businesses eliminate error-prone manual processes and streamline complex customer requests.

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eLabJournal logo



Electronic lab notebook software

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eLabJournal is a secure and compliant electronic lab notebook (ELN) software. It allows users to collaboratively access any samples, documents or data. It can be customized to the user's and lab's workflow.

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eLabInventory logo



Sample management software for laboratories

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eLabInventory is a cloud-based sample management software specifically created for laboratories.

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Tecsys Omni OMS logo

Tecsys Omni OMS


Equipping Supply Chain Greatness

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Inventory management hub that unifies disparate inventory pools across channels to provide a single real-time enterprise view of stock.

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Tecsys Elite logo

Tecsys Elite


Integrated supply chain management platform

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Elite™ Enterprise solutions offer strong, proven demand planning and supply planning tools along with analytics to make smarter decisions.

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Asset Panda logo

Asset Panda


Helping the world work smarter.

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Asset Panda is a powerful cloud-based asset relationship management platform that helps you keep track of your devices and create interdependencies between them. Our customizable software adapts to your unique workflows and use cases, whether you're tracking computers or construction materials.

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Buyers Guide

Inventory Management Software

Manufacturers need to automate their inventory management processes to effectively meet customer demand and avoid overstocking goods. 

Inventory management software allows manufacturers to streamline inventory forecasting, supplier management, inventory optimization, and other key parts of the product manufacturing and distribution process. With an inventory management system, manufacturers are able to identify trends in product sales, and ultimately create a better experience for their customers. 

In this guide, we'll cover:

What is inventory management software? 

Inventory management software monitors inventory levels to facilitate the optimal production and distribution of goods (for wholesale or retail). These applications enable organizations to efficiently manage their inventory, as well as procurement and order fulfillment. Inventory management solutions ensure accurate real-time inventory reporting and distribute this essential data across multiple locations.  Inventory management software is related to inventory control software and supply chain management software.

What are the common features of inventory management software?

  • Inventory management: Track and manage the quantity of resources on hand to maintain proper inventory levels. 

  • Inventory optimization: Balance and streamline inventory stock to meet customer service and revenue goals. Categorize inventory based on attributes such as item type, utility, and price range. Add custom tags to products and identify sales trends based on these tags.

  • Product identification: Link barcodes or serial numbers to specific items for identification. 

  • Cost tracking: Record and monitor cost-related information for assets (e.g., budget for assets, equipment cost, revenue).

  • Forecasting: Form predictions based on past and present data/trends, such as what products will be needed in the future and when reorders should occur.

  • Inventory auditing: Leverage software support for inventory counts (stock counts and stock stakes).

  • Order management: Organize, track, monitor, and execute customer orders for goods, investments, and other purchases via website or in-store sales. 

  • Reporting/analytics: Create inventory-related reports and analyze real-time inventory metrics such as stock levels, costs, profit, and utilization rates. 

  • Search/filter: Search and filter through available resources to locate inventory-related information. 

  • Shipping management: Organize and track delivery orders.

  • Supplier management: Manage various aspects of your supplier relationships, such as autofilling purchase orders, storing supplier details, tracking transaction histories, and supplier discounts. 

How do small and midsize businesses use inventory management software?

Small and midsize businesses (SMBs) use inventory management software to help manage and optimize their supply chains. With an inventory management solution, SMBs can ensure that they have the correct amount of inventory in stock at the appropriate locations. 

This helps small and midsize manufacturers meet customer demand and establish good working relationships with suppliers and retailers. Typically, SMBs have a limited amount of resources to work with, making it even more crucial for manufacturers to make well-informed decisions regarding product development and distribution efforts. 

Inventory management systems can help these businesses drive down inventory costs while meeting production requirements. 

What is the cost of inventory management software? 

Most products in this market are priced on a per user, per month basis, billed annually. Pricing can be divided into three pricing tiers based on the starting prices: 

Price ranges:

  • $24 - $38

  • $38- $91

  • $91+

*The pricing included is for the entry-level/lowest-priced offering found on vendor websites on April 19, 2022. These ranges correspond to the 25th, 75th, and 100th percentiles of pricing information gathered from vendor websites of sample products. 

What are the three major inventory management techniques?

Although there are a wide variety of inventory management techniques, there are three primary techniques that manufacturers commonly use to streamline the inventory management process and save money: 

  • Just in time (JIT) delivery: In this technique, customers place an order with a manufacturer, and then the manufacturer places an order with their suppliers. Once these suppliers receive the order, they supply the manufacturer with the materials needed to fulfill the customerʻs order.  In other words: manufacturers only receive goods as needed for their production process. This technique can reduce inventory holding costs and decrease storage space requirements for manufacturers. 

  • Push strategy: Manufacturers that use this technique order inventory based on customer demand forecasts. The goal of this strategy is to move accumulated products into the marketplace, reducing the risk of product damage during storage and reducing costs associated with product overstocking. 

  • Pull strategy: With the pull strategy inventory management technique, manufacturers order small amounts of inventory in response to customer demand. This eliminates the need to forecast customer orders, and can minimize the risk of product waste and save money that would be otherwise spent on warehousing costs. 

What is the difference between inventory control and inventory management?

Although inventory control and inventory management are both important parts of the goods manufacturing and distribution process, they have key differences. 

Inventory management is the process of forecasting and replenishing inventory, whereas inventory control is a method specifically used to regulate the inventory levels within a companyʻs warehouse. 

In other words, the scope of inventory control is much smaller than inventory management since the latter includes maintaining supplier relationships and responding to customer demand. Inventory control mainly focuses on how many products are being stocked and whether or not the goods are in usable condition. 

What are the deployment options for inventory management software?

  • Cloud-based deployment: These solutions are hosted on the software vendor’s servers. Users are provided with individual accounts, which they can access by signing in from a web browser or mobile app. Cloud-based systems are usually priced on a per user, per month basis.

  • On-premise deployment: On-premise systems are hosted on a business’ own servers. These systems have one-time per user license fees and upgrade costs. You’ll also often need to purchase servers and network equipment.

What are examples of advanced inventory management software configurations?

While the common features listed above are core to a manufacturer's essential business needs, it can be helpful to know about the advanced features offered by some inventory management software. 

Some of these features could be important for your needs, based on your business type, size, and requirements.

  • Warehouse management: Fulfill warehouse operations such as designating inventory location, searching for an item or batch, and tracking inventory movement.

  • Barcoding and RFID: Add barcodes and RFID tags to your inventory to track the real-time location and movement of physical inventory.

  • Supplier management: Track the real-time status of inventory procured from third-party vendors.

  • Reorder management: Calculate critical stock levels and reorder points based on historical trends. Receive alerts as soon as stock dips below a reorder point.

  • Multichannel management: Manage inventory for multiple sales channels such as physical store sales, online sales, and distribution network sales. View stock levels in real time as soon as a purchase is made through any of these channels.


Products evaluated for the pricing calculation were taken from GetApp’s inventory management software Category Leaders report. The pricing ranges exclude freemium versions of the products. The features highlighted were identified based on their relevance and the percentage of products in GetApp’s directory that offer them.

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*Note: The applications selected in this article are examples to show a feature in context, and are not intended as endorsements or recommendations, obtained from sources believed to be reliable at the time of publication.