Keeping track of your inventory is one of the most important aspects of running an eCommerce store. But it’s also one of the most tedious, time-consuming and difficult tasks. Fortunately, Shopify has brought us a variety of apps that can help make this task easier. There are so many apps to choose from that it can be overwhelming to find the right app for you. To save you time and effort, this blog post will look at 10 of the best Shopify inventory apps available and how they can help optimize your eCommerce store.
What is inventory management?
Inventory management is the process of tracking and managing stock levels across your business. It’s a crucial part of any retail operation, as it ensures you have enough product to meet customer demand, while also avoiding excess stock that could tie up valuable resources.
There are a number of different inventory management strategies that businesses can adopt, depending on their specific needs and goals. The most common approach is to use a system known as perpetual inventory, which involves constantly updating your records to reflect changes in stock levels. This can be done manually or with the help of specialized software.
Another popular option is called just-in-time inventory management, which aims to minimize waste and keep stock levels low by only ordering new products when it’s needed to replenish existing stocks. This approach can be helpful for businesses operating on tight budgets or with limited storage space.
Whatever strategy you choose, it’s important to have a clear understanding of your inventory levels at all times. This information can be used to make strategic decisions about pricing, promotions, and product mix. It can also help you avoid costly mistakes like overstocking or running out of popular items.
The best way to track and manage your inventory is with the help of dedicated software. There are many different options available on the market, so it’s important to choose one that meets your specific needs. Some features to look for include real-time tracking, automated order placement, and integrations
The 10 Best Shopify Inventory Apps
1. Orderhive Inventory Management
Key features at a glance:
- eCommerce Automation: Automate mundane operational processes.
- Order Management: Integrate, execute & manage orders for multiple Shopify stores
- Shipping Management: Connect with 300+ shipping providers.
Best used for:
- Cin7 Orderhive helps in automating inventory, order, and shipping processes for multi-channel stores
Price:
- 15-day free trial.
- From $125/month. Additional charges may apply.
2. Thrive by Shopventory
Key features at a glance:
- Data-Rich Reporting by Location and Sales Channel
- Automate purchase orders to restock product
- Connect multiple Shopify accounts for an all-in-one experience
- Use a scanner to count, transfer and reorder product
- Assemblies and manufacturing workflows to take your business to the next level
Best used for:
- Real-time stock and catalogue syncing with multi-location and point-of-sale integrations
Price:
- 30-day free trial.
- From $99/month.
3. Stock Sync: Connect Suppliers
Key features at a glance:
- Use existing supplier templates or create your own feed using our API connection
- Automate your inventory update with our comprehensive scheduler
- Remove any unwanted or discontinued products from the store
- Export inventory to supplier or vendor to track stock held in store
- Be a dropshipper with Stock Sync and share your feed with other merchants
Best used for:
- Add new products with ease, and automate your inventory management.
Price:
- 14-day free trial.
- Free plan available. Additional charges may apply.
4. Syncio Multi Store Sync
Key features at a glance:
- Inventory sync & real time stock adjustment using SKU or barcode
- Sync & customize product fields such as description, price, tags, images & more
- Auto-sync order information to connected stores for fulfillment & create payouts
Best used for:
- Easily sync inventory, product fields, and orders in real-time across different stores.
Price:
- 14-day free trial.
- From $19/month. Additional charges may apply.
5. Inventory Planner Forecasting
Key features at a glance:
- Reliable, data-led demand forecasting of sales/inventory
- Release cash from overstock of slow-moving products/safety stock
- Save time creating Purchase Orders
- Set alert levels for your entire store or each product so you know when to order
Best used for:
- Inventory Planner is the #1 inventory planning software for e-commerce businesses
Price:
- 14-day free trial.
- $249.99/month.
6. SKULabs
Key features at a glance:
- Real-Time Inventory Control & Sync
- Print Shipping Labels with Discounted Rates
- Multiple Warehouse Management
- Sophisticated Purchase Solutions
Best used for:
- SKULabs is a multi-channel inventory and order management solution.
Price:
- From $299/month. Additional charges may apply.
7. Stock&Buy
Key features at a glance:
- Advanced product, bundle, and kit management
- Manage BOMs and manufacturing orders across multiple channels
Best used for:
- Stock&Buy helps you automate and simplify your inventory and order management processes.
Price:
- 14-day free trial.
- $149/month. Additional charges may apply.
8. SyncLogic
Key features at a glance:
- First & most experienced syncing app with billions of sync operations performed.
- Become a wholesaler and drop ship your products through multiple retailers.
- Sync only what you need, disabling sync of select product features as needed.
- Automatically adapt prices by a percentage on sync.
Best used for:
- Sync products from store to store. Manage multiple shops or wholesale to retail connections.
Price:
- 30-day free trial.
- $19.99/month.
9. EZ Inventory ‑ Quantity Update
Key features at a glance:
- Automate inventory updates or manually upload a file to do a bulk update.
- Supports reading data feeds from an FTP/SFTP server or a public website URL.
- Supports CSV/TSV, XLS, XLSX, and XML feed formats.
- Use formulas, including conditional logic, to determine inventory quantity.
- Low stock alerts.
Best used for:
- Automatically or manually sync your inventory quantity from CSV, Excel, or XML feeds/files.
Price:
- 7-day free trial.
- From $19.95/month.
10. Multi‑Store Sync Power
Key features at a glance:
- Synchronize inventory levels across stores/locations.
- Create products automatically in all connected stores/locations.
- Complete multi-location support for flexible synchronization.
- See if any SKUs/Barcodes are not set up properly and missed the sync process.
Best used for:
- Easily synchronize inventory, products, and collections between multiple stores automatically.
Price:
- 7-day free trial.
- Free plan available. Additional charges may apply.
How to choose the right inventory app for your store
Assuming you're looking for an inventory app to use with your Shopify store, here are a few factors to consider when choosing the right one for you:
1. How many products do you need to track?
If you have a small number of products, you may be able to get away with using a free app or even just tracking your inventory manually. However, if you have a large number of products, you'll need an app that can handle that volume and provide features like automated inventory management and real-time alerts.
2. What level of detail do you need?
Some apps simply track product quantities, while others track much more detailed information like product variants, expiration dates, locations, etc. Decide what level of detail you need in order to properly manage your inventory and choose an app accordingly.
3. What other features do you need?
The best Shopify Inventory management apps come with a variety of additional features that can be helpful depending on your needs. For example, some apps offer barcode scanning capabilities which can make adding and updating products much faster and easier. Other apps integrate with accounting software or shipping carriers for even more streamlined operations. Consider what else you might need from your inventory app before making your final choice.
Conclusion
Shopify inventory apps can help you keep track of your products and manage orders quickly, easily, and cost-effectively. We hope this article has helped you to uncover the best Shopify inventory app for your store. From robust systems that allow for unlimited product SKUs to basic tracking tools with a simple user interface, there’s something out there to meet every need. Now that you know what features are important when selecting an inventory app, go ahead and start exploring some options today!
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