Exploring the best inventory management software for ecommerce

Exploring the best inventory management software for ecommerce

Download our free whitepaper and gain important ecommerce and marketing insights, directly from Juni.

Thank you! Check your email for the whitepaper
Oops! Something went wrong while submitting the form.

Juni will not share your information with any third parties except for our verified partner network. Submit your email for even more valuable content, delivered straight to your inbox.

You’ve hit the jackpot with an ad that’s working like a dream. The products are flying out of your warehouse until… suddenly, unexpectedly, your bestseller is out of stock.

Maybe in that very same warehouse, forgotten and gathering dust, are products you ordered five or more years ago. They’re not selling, but you’re still paying for storage space.

If there’s a chance your business could find itself in those situations — or you generally waste too much time planning your inventory — it’s probably time to evaluate your tool stack.

A good inventory management system will help you to reorder in the right quantities and at the right times, show you which products are not shifting, and give you the insights you need to make smarter inventory decisions.

What is the best inventory software?

There’s no ‘ding, ding, ding, we have a winner’, definitive best inventory management software because there are so many options available. It’s about finding the inventory software with the integrations, features and pricing that’s right for your stack.

Keep in mind that inventory management means different things to different people. Some tools are inventory tracking software for retail — not necessarily ecommerce. Others meet the needs of distributors, manufacturers and specific industries. We’ll focus on tools that work particularly well for ecommerce.

Let’s take a look at some of the software you can choose from:

Veeqo

Veeqo markets itself as inventory management software for ecommerce. That’s clear from its features list, which includes integrations with all major ecommerce platforms.

  • Integrates with Shopify, Amazon, Magento, WooCommerce, eBay and BigCommerce
  • Inventory tracking across multiple sales channels and warehouses
  • Dynamic inventory forecasting to coordinate reordering and lead times
  • Built-in shipping software to handle label printing, postage and tracking in bulk
  • Automated workflows triggered by delivery option, weight, and other variables

Pricing: Starts at £150 per month

Pros:

  • Designed for ecommerce
  • Free trial available
  • Affordable price given the features available

Cons:

  • Adding supplier codes is a bit tricky
  • Occasionally buggy

Cin7 Orderhive

Cin7 Orderhive is all about ecommerce automation. Multichannel inventory management (or inventory control software as Cin7 defines it) is at the heart of that. There’s a focus on optimising inventory levels via just-in-time stock management.

  • 500+ integrations, including Shopify, Etsy, Amazon and eBay
  • Automatic invoice generation, picking and packing list creation, and low-stock alerts
  • Real-time inventory oversight for all sales channels
  • Order management, including fulfilment
  • Catalogue management, order management, and other related tools

Pricing: Starts at $95 per month

Pros:

  • High level of customer service
  • Free trial available
  • Easy-to-use dashboard

Cons:

  • Issues with syncing data sometimes
  • Warehouse management perhaps too basic for larger businesses

Netsuite Inventory Management

Netsuite Inventory Management is part of the Oracle Netsuite enterprise resource planning (ERP) platform and integrates with other software in the range. But it’s not necessarily tailored to ecommerce and it’s one of the most expensive options on this list.

  • Real-time view of inventory across multiple locations and sales channels
  • Intelligent multi-location fulfilment based on predefined rules
  • Demand-based replenishment using historical and seasonal sales data
  • Track invoices across warehouses, retail stores, pop-up shops, and 3PLs
  • Insights on excess stock, slow-moving products and other inventory liabilities

Pricing: Starts at $999 per month

Pros:

  • High level of traceability for reporting and auditing
  • Part of a wider ERP
  • Cycle counting features to minimise stock discrepancies

Cons:

  • Big monthly payment plus licensing fees
  • Back-end system will be too comprehensive for many businesses

InFlow Inventory

InFlow Inventory is an all-in-one piece of inventory software that incorporates tracking, pricing, packing, and shipping for ecommerce businesses, with integrations for a range of platforms and accounting software.

  • Single app for inventory, order management, and shipping
  • Integrates with Amazon, Shopify, WooCommerce and Squarespace
  • Fulfilment on your phone
  • Customisable minimum stock level and reorder notifications
  • Cost-tracking for manufacturing and components

Pricing: Starts at $79 per month

Pros:

  • Simple to navigate and intuitive experience
  • Free trial available
  • Generates new SKUs and barcode labels for use with a smart scanner

Cons:

  • Lack of flexibility and customisation
  • Question marks over stability and bugs

Zoho Inventory

Zoho Inventory is the web-based inventory software from Zoho’s suite of SaaS and business apps. These integrations make it a comprehensive inventory tool for SMEs, and it boasts a clean UI. But it may fall short for businesses with complex warehousing structures.

  • End-to-end tracking of every item in your inventory
  • Warehouse management tools
  • Integrates with Amazon, eBay, Shopify and other platforms
  • Integrates with Zoho’s suite of business tools
  • Multiple shipping carriers, rates and details built in

Pricing: Starts at $49 per month

Pros:

  • Great value for the price
  • Free version available (but with very limited features)
  • Works with other Zoho software for broader business decision-making

Cons:

  • Set up instructions and tutorials could be clearer
  • Lacking some features and functionality larger businesses might need

QuickBooks Commerce

QuickBooks Commerce was formerly TradeGecko. Since its acquisition, it’s the best example of an accounting platform offering inventory management software ecommerce businesses can use. Its integration with other QuickBooks tools is a key selling point.

  • Multi-channel order tracking and fulfilment
  • Track inventory across various locations
  • Reorder alerts for low stock
  • Integrates with Shopify, Wayfair, Amazon, WooCommerce and more
  • Inventory updates automatically based on purchase order data

Pricing: Starts at $100 per month

Pros:

  • Great value for its price point
  • Handy if you already use QuickBooks for accounting
  • User-friendly design

Cons:

  • Sometimes crashes
  • Customer support frequently flagged as in need of improvement

SellerCloud

SellerCloud’s features go beyond those of many of the tools in this list. It includes an inventory tracking system but also a wider suite of technology, including catalogue management, purchasing and accounting. The pricing reflects the wide range of tools.

  • Sync inventory across all sales channels
  • Integrations with various vendors, platforms and payment gateways
  • Predictive purchasing for reorders
  • Tracks inventory from receiving through to delivery to customers
  • Multi-warehouse inventory management

Pricing: Starts at $1,000 per month

Pros:

  • All-encompassing package of inventory management and supply chain tools
  • Quick and automated reordering within the platform
  • Flexible and customisable

Cons:

  • One of the most expensive options
  • Requires regular updates

Katana

Katana is aimed squarely at manufacturers, but because it targets small manufacturing businesses and those selling online it also works well for ecommerce. The other key benefit of the manufacturing link is its end-to-end traceability features.

  • Manage inventory beyond your warehouses
  • Automatic inventory transactions with set reorder points
  • Real-time tracking of on-hand, committed and expected stock amounts
  • Inventory monitoring across multiple locations
  • Integrates with Shopify, WooCommerce and more

Pricing: Starts at $99 per month

Pros:

  • Brings inventory, production, and invoicing together
  • Free trial available
  • Comprehensive for its price point

Cons:

  • Comprehensive crosses into complicated in some places
  • Geared towards manufacturing, not just ecommerce

What’s the best inventory tracking system for you?

As we said at the outset, that will be up to you to decide. The best software for your inventory might be completely different from what works for another ecommerce company. Many of the tools have similar functionality and integrations because they’re all catering for ecommerce businesses.

To find what’s best for you:

  • Think about what you need to know about your inventory and how technology might help you to answer those questions
  • Calculate how much time and money you’re currently spending on inventory management to work out an approximate budget
  • Find software that matches your requirements — this will be much easier than bending your requirements to fit the software
  • Take advantage of free trials to see if a tool works for you — many developers will extend the trial period if you ask nicely
  • Dig into the details — with so much overlap in features and functionality, find the little extras that are perfect for your business

More insights to support your ecommerce decision-making

Looking for useful ways to spend all the time you’ll save on inventory management? We send out a regular newsletter packed with insights and information for ecommerce businesses like yours. Sign up now.

Exploring the best inventory management software for ecommerce
Juni
Financial platform

Juni is the financial platform built for ecommerce. We give you a unified view of your finances, with cards, mulitcurrency accounts, and banking, accounting and advertising integrations - all in one place. We can even help boost your cash flow with working capital, cashback and more.

Download our free whitepaper and gain important ecommerce and marketing insights, directly from Juni.

Thank you! Check your email for the whitepaper
Oops! Something went wrong while submitting the form.

Juni will not share your information with any third parties except for our verified partner network. Submit your email for even more valuable content, delivered straight to your inbox.

October 19, 2022
Quickly pivot inventory planning with complete control over spend
Juni
Financial platform
Read article
September 12, 2023
Inventory forecasting for seasonal ecommerce businesses
Juni
Financial platform
Read article
September 20, 2022
Top inventory management trends in ecommerce for 2022
Juni
Financial platform
Read article

Get insights like this in your inbox

Subscribe to our monthly newsletter
Juni Technology AB (registration number 559248-0908) and its officers, directors, owners, employees and representatives, including its subsidiaries and officers, directors, owners, employees and representatives of its subsidiaries (“Juni”) provides this information (the “Information”) for informational purposes only and you should not construe any Information as legal, tax, investment, financial, or other advice. The information and the opinions and views contained therein or otherwise by Juni have not been tailored to the objectives of any one individual or corporate entity, are current only as of the date hereof and may be subject to change at any time without prior notice. Juni does not have any obligation to provide revised Information in the event of changed circumstances. Juni strongly recommends you to seek a duly licensed professional to provide you with any legal, tax, investment, financial, or other advice you may need. Juni expressly disclaims any liability for the accuracy and completeness of the Information. You alone assume the responsibility of evaluating the merits and risks associated with the use of any Information before making any decisions based on such Information. You agree not to hold Juni liable for any possible claim for damages arising from any decision you make based on the Information.

Let’s keep in touch

Every month we round up the best news and insights from the world of Juni and beyond. No spam, just great content. Subscribe to our newsletter and you’ll stay up to date with:
  • Our take on current trends in the world of ecommerce
  • Hand-picked blogs and articles from the team
  • New features, events and more
By submitting your email address you agree to receive marketing emails from Juni. We won’t overdo it or use your data for anything other than sending emails - and you can unsubscribe at any time.

You're on the list

Thanks for signing up. Our next newsletter should be with you by the end of the month - enjoy!
Oops! Something went wrong while submitting the form.