Effective inventory management is crucial for businesses of all sizes. Managing inventory levels efficiently ensures the required products are stocked in the warehouse to meet customer demand. Advanced inventory management apps help monitor inventory levels constantly and verify product availability. They are gaining popularity among big businesses that require maintaining huge inventories. Statistics reveal that the global inventory management software market is expected to reach USD 4.8 billion by 2032. Owing to their growing demand, several inventory management applications have been introduced in the market in the last few years. Many more are expected to be launched to meet the needs of diverse businesses. To help you choose a suitable one, we have shared some of the top inventory management apps that are simple to use:
10 Top Inventory Management Software For Small Businesses
When analyzing the options for inventory management apps, we focused on the features and performance we thought would be most helpful for inventory management on the go. Here is the list.
1. Sortly
Sortly is one of the best inventory management apps on our list that include the features that no other apps have. More than 15,000 businesses trust this smart application with their inventory management needs.
Key Features:
- Barcode lookup
- In-app scanner
- Custom fields
- Stock alerts
For startups, Sortly features an offline mode that allows you to scan all the incoming and outgoing items. It works even when your smartphone doesn’t have a signal. It syncs all activities in your account once your smartphone comes back online. It is the best option for seamless inventory tracking.
Additionally, Sortly doesn’t just offer the feature of barcode scanning but it also supports QR codes that work best for your business.
2. Veeqo
Veeqo is a cloud-enabled app that syncs with all the major eCommerce platforms like Magento, Shopify, eBay, and Amazon.
Key Features:
- Multichannel inventory tracking in real-time
- Ecommerce platform and marketplace integrations
- Features for printing labels, parcel tracking, and barcode scanner picking
Veeqo also helps fulfill your orders with its agile WMS, so you don’t have to worry about order fulfillment. It reduces the chance of mistakes in the process of returns, and reviews. This app simplifies your inventory operations through automated features and improved order management, increasing the margin for business growth.
3. Inventory Management App – Zoho
This cloud-based inventory management software enables real-time stock tracking and offers various other functionalities that help manage inventory better.
Key Features:
- Integrates with eCommerce platforms
- Handles goods and services tax billing
- Facilitates e-invoicing
- Tracks inventory across numerous warehouses
- Helps understand customers’ buying behaviour
- Generates reports on inventory levels
- Provides insights into business performance
- Predicts inventory needs
Zoho Inventory Management App has become a preferred choice for small businesses owing to its useful features and ease of use. It is particularly helpful in overcoming the issues of understocking and overstocking. Research shows that by fixing these issues, you can reduce inventory costs by up to 10%.
4. On Shelf
On Shelf is best to use for its advanced analytics and reporting features. Specially designed for iPad users, it provides updated information about the inventory levels. The app shows up-to-date reporting data which makes it easier for you to make smart business decisions.
Key Features:
- Highlights most and least profitable items
- Searchable time frames
- In-app invoicing
- Barcode scanner
- Data import from another system or spreadsheets
On Shelf inventory app also displays the inventory list with color-coding to show you the most and least profitable items so you can quickly decide on your highest priority items. The app also gives you access to graphs showing current sales trends for each product. With On Shelf, you never have to worry about your inventory again.
5. Inventory Now
With the Inventory Now app, you can keep track of your inventory through the product cycle. It has a barcode scanning feature that allows for the easy addition of new products. The app also allows pairing with popular payment solutions like PayPal that works as a replacement for a high-end point of sale system.
Key Features:
- Track product lifecycle
- Barcode scanner support
- Category, subcategory, and location details
- Item grouping
- Order tracking
- Invoicing
Inventory Now allows data to import and export in a spreadsheet, as well as automatically backed up to your Dropbox account. Tracking of your products is easy and you can see what you have for sale in your inventory, and what you need to ship out. With this app, you can monitor everything you have sold, track your profits, create orders, and collect payments in-app.
6. inFlow Inventory
inFlow inventory app is the option that comes with a mobile interface that is capable of offering all the features that you need for inventory management.
Key Features:
- Organize your products as per SKU, product name, color, serial numbers, etc.
- Barcodes
- Stock tracking
- Shopify integration
- Order Fulfillment
- Detailed Reporting
If you need an inventory management app with easy-to-use features, inFlow Inventory is the best pick for your business. With inFlow Inventory, you get the complete list of features including vendor management, team management, customer tracking, and order management. In addition, the app allows you to use a built-in barcode reader to scan inventory items, adjust stock levels, and create new sales orders from anywhere. It offers a 14-day free trial that should be enough to understand its features and whether it suits your business requirements.
7. myStock Inventory Manager
This app is a great choice for small-sized businesses. The myStock Inventory Manager is specifically designed for mobile users. It serves as a tool for businesses to record and manage their stock levels with a minimum investment.
Key Features:
- Inventory management for multiple locations
- Email integration
- Barcode reader
- User-definable product categories
This application allows inventory management from multiple locations using a single device. It is ideal for tracking inventory levels and exchanging data between mobile devices and data servers.
8. Safety Culture
This efficient app is designed to help businesses keep track of inventory levels in real time and generate related reports. You can generate customised reports using this app to evaluate your business better. SafetyCulture is hosted on the cloud and can be accessed anywhere and from any device. It enables managing inventory from a central location and streamlines the entire process. SafetyCulture form builder can integrate with various business intelligence tools like Power BI and Tableau.
9. Square Inventory
Square Inventory is suitable for businesses of all sizes. It helps you track your inventory across various locations in real time. Many small businesses use this app because of its simple interface and multiple features. It enables stock forecasting to give an idea about the items likely to run out. On noticing that the items in demand are running low, this advanced app creates an automated purchase order you can review and share with your vendors. Essential vendor information is stored in Square inventory for better management. Furthermore, Square Dashboard enables you to generate and print barcode labels.
10. Stock and Inventory Simple
The trusted app enables real-time inventory tracking. It notifies when stock levels go below the defined threshold, enabling timely restocking to meet consumer demands. With the Stock and Inventory Simple app, you can import essential data from Excel files or even enter it manually. It analyses data efficiently to generate reports that provide crucial insights. These insights help understand inventory trends, thereby enabling better stock management.
The Bottom Line
Even when you have narrowed down the options for inventory management apps according to budget or industry, you still need to consider several aspects. Different apps are loaded with various features. You must consider your business requirements to understand which suits you the best. Installing the right inventory management app can help streamline the process and boost efficiency.
