Best Shopify Inventory Management Apps to Optimize Your Store
Did you know there are currently 409 Shopify inventory management apps out there? The options keep growing by the day, making it a real challenge for Shopify store owners to decide. That's precisely why we've compiled a list of the top Shopify inventory apps for you. Wondering why you need a Shopify inventory management tool and what to consider when choosing one? Let's explore all of that together, including the best options out there. 🚀
What is an Inventory Management App?
Let's start with refreshing our memories; what is an inventory management tool? You can think of inventory management apps as a digital assistant for businesses to keep track of their products.
It typically includes features such as inventory tracking, forecasting, stock level monitoring, backorder & preorder, order management, creating purchase orders, freight planning, and reporting features.
These tools make it easier to run your business smoothly by reducing mistakes, preventing shortages or excess stock, and improving how you manage your inventory overall. Well, but why do you need an inventory management tool for your Shopify store?
Why Do You Need an Inventory Management App for Shopify?
As you're aware, Shopify does offer some inventory management features like tracking, transferring, and multi-location capabilities. 📦 However, as your store grows, the need for planning and purchasing features becomes more apparent. 👀 Planning your inventory process becomes vital, and you'll find yourself requiring efficient exporting of purchase orders, syncing with other apps, forecasting, and similar features that are typically available in third-party inventory management apps. 🛒
If you are using only Shopify for inventory, let's briefly summarize the points where you may experience shortcomings.
- Limited Tracking Capability: Shopify's native inventory tracking is too simplistic for merchants with complex workflows, leading to manual changes and a higher chance of errors. 📉
- Multichannel Capabilities: While Shopify allows multi-location monitoring, the maximum number of locations you can track is determined by your price plan. Additionally, there are limitations on certain items, necessitating independent management for sellers using various channels. 🔄
- Limited Data & Forecast: Shopify's inventory tracking retains data for only ninety days, making long-term analysis, demand forecasting, and performance assessment challenging. This limitation undermines the trustworthiness of your store's inventory data. 📅
- Limited Replenishment Capabilities: Shopify's inability to generate purchase orders for multiple SKUs and recommend order quantities hampers inventory replenishment for expanding organizations. 🛒
- POS Issues: Shopify's POS feature may cause problems by allowing sales of goods long after inventory depletion, creating inaccurate reorder points. ⚠️
- Restrictions on Third-Party Fulfillment Integration: Shopify does not permit the use of third-party fulfillment services (3PLs) to create transfers for products. 🚫
📌Are you feeling the pain of not having these and similar features even now? Why not start a free trial for the Fabrikatör Inventory Management Tool?
📌 For more detail, you can read Inventory Management for Shopify 101.
Are You Still Using Excel for Inventory Management?
If you manage your eCommerce inventory using Excel spreadsheets, typically manually entering and updating product information, quantities, and other relevant details. Although Excel is a widely accessible tool, it can be prone to human error, lacks real-time synchronization with other systems, and may not scale well for larger inventories or complex operations.
Additionally, manual data entry and updates can be time-consuming and increase the likelihood of mistakes.
📌 For more detail, you can read Excel Limitations in Inventory Management: Why to switch from managing inventory on Excel?
We have discussed why Shopify and Excel may not be enough for effective and comprehensive inventory management. Now, let's say you've decided to use inventory management, too, what factors do you need to consider when making this choice? 🤔
Best Shopify Inventory Management Apps
1. Fabrikatör Inventory Assistant
This 5/5-rated Shopify app, Fabrikatör, simplifies your inventory management with accurate forecasting, automated purchase orders, and easy backorder & preorder management. It automatically syncs with your inventory data and you can get a free demo session for onboarding. With customizable reports and dashboards, Fabrikatör empowers data-driven decision-making. It seamlessly integrates with Klaviyo, ShipHero, and your Shopify store, enabling seamless operations. Plus, new features like multi-location support and freight planning make Fabrikatör the ultimate solution for efficient inventory management. Fabrikatör has 3 different plans and pricing ranges from $99 to $350 per month.
Best for the Shopify businesses that are growing and have a wide range of products, Fabrikatör would be the right call. Why? Book a demo & we would like to give you more information.
2. Inventory Planner
As a Shopify store owner, you can use Inventory Planner as a comprehensive forecasting solution. It provides accurate forecasting and analysis, empowering merchants to make smarter replenishment decisions. It helps predict future sales and manage inventory better by looking at past sales and vendor delivery times. With easy-to-understand reports and customizable alerts, Inventory Planner streamlines inventory management and saves time creating purchase orders. It also would be good to know that this app requires investment in the integration process. Its Shopify rating is 4,3 and the price starts at $249.99 per month. Learn more now.
📌 If you want to make a comparison, we already did it for you. You can read Compare: Fabrikatör and Inventory Planner.
3. Katana Cloud Inventory
Katana's Cloud Inventory Platform is a manufacturing-focused real-time inventory app. It uses insights to eliminate out-of-stock and overstock, ensuring supply and demand alignment with a manufacturing perspective. With centralized inventory management features, including precise material requirements-based purchase orders, restock points, and multi-channel sales monitoring, Katana empowers businesses to master stock management. Additionally, it streamlines manufacturing processes with production planning, resource allocation, and scheduling capabilities. Integration with accounting software like QuickBooks Online and Xero further enhances financial management efficiency. Katana, which has a rating of 4,2, offers four different plans with prices ranging from $199 to $1999 per month. For more information, visit the Shopify App Store.
4. Cin7 Core
Cin7 Core, formerly known as DEAR, offers enterprise-level inventory management, manufacturing, sales integration, reporting, and automation accessible to businesses of all sizes. With multi-module inventory management software, businesses can streamline operations, automate tasks, and achieve complete visibility of sales across all channels. Cin7 Core simplifies inventory management with real-time updates, streamlines warehouse productivity and fulfillment processes, and consolidates sales management across multiple channels into one platform. This 4,0-rated app offers three plans with prices ranging from $349 to $999 per month, for more information visit the Shopify App Store.
5. Sumtracker Inventory App
Sumtracker offers comprehensive inventory management solutions for both single-store and multi-store owners, with features like multichannel inventory sync, product bundles, purchase orders automation, and low stock alerts & reports. It ensures inventory synchronization across various platforms such as Shopify, Amazon, Walmart, eBay, and Etsy, allowing for easy management of multiple listings and locations. Sumtracker also provides detailed inventory logs, bulk import/export options, and tools for managing purchase orders and stock levels efficiently. Additionally, it offers reporting features including low stock alerts, inventory forecasting, stock valuation, and COGS tracking. This 4,7 rated Shopify app offers four different plans varying based on the number of orders and features, with prices ranging from $49 to $299 per month. Learn more now.
6. SKUlabs
SKULabs is a comprehensive multi-channel inventory and order management solution offering features for order picking, barcode scanning, multi-carrier shipping, purchasing, and receiving. With real-time inventory control and sync capabilities, users can ensure accuracy across multiple channels. The platform enables efficient pick, pack, and ship processes with 100% accuracy, along with discounted shipping label printing. Additionally, SKULabs supports multiple warehouse management and provides sophisticated purchase solutions to streamline inventory procurement processes. The 4,9-rated app offers three different plans with prices ranging from $199 to $1999 per month, for details visit the Shopify App Store.
7. Netsuite Inventory Management
The NetSuite Connector offers automated integration with NetSuite ERP, allowing for seamless management of inventory, orders, and accounting processes. It automatically synchronizes product, customer, inventory, sales order, and fulfillment data with NetSuite ERP, enabling users to manage product information update pricing, and availability across eCommerce or point-of-sale channels. With NetSuite ERP's accounting and financial capabilities, tasks such as inventory tracking, order fulfillment, and accounting are simplified, ensuring accurate reporting and greater control of financial assets. Additionally, users can track and manage inventory across multiple warehouse locations and automate order fulfillment processes. This app offers four different plans with prices ranging from $199.92 to $375 per month. Learn more now.
8. Stocky
Inventory Management for Shopify POS Pro is crucial for brick-and-mortar retail businesses, ensuring optimal inventory decisions to maximize profits. Stocky by Shopify simplifies inventory management by enabling the creation and management of purchase orders, receiving product recommendations, replenishing stock efficiently, and conducting stocktakes. Users can communicate with suppliers, receive profitable product recommendations, transfer products between locations, and utilize in-depth reporting for informed inventory decisions through stock analytics. To use Stocky, you need to have a Shopify POS Pro subscription.
What to Consider When Choosing a Shopify Inventory Management App?
According to Statista, In 2024, retail eCommerce sales are estimated to exceed 6.3 trillion in the US. In such a rapidly growing and rapidly changing eCommerce industry, accurately tracking and flawlessly managing inventory processes is a necessity. In this context, you should know what factors you should consider when choosing an inventory management tool for your store.
Some key aspects to look for when selecting a Shopify inventory management app include:
- 🔄 Maximized Product Availability: Ensuring efficient inventory management to prevent overstocking or out-of-stock.
- 🤝 Customer Satisfaction: Facilitating timely deliveries to meet customer demands promptly.
- 💰 Cost Control: Implementing effective inventory practices to minimize storage costs and reduce the risk of out-of-stock.
- 📈 Accurate Financial Reporting: Providing robust inventory tracking capabilities for accurate financial reporting.
- 🔮 Forecasting and Planning: Offering features for demand forecasting and strategic inventory planning.
- ⚠️ Preventing Losses: Supporting measures to identify and mitigate issues like theft, damage, or spoilage to minimize financial losses.
Let's now explore together the Shopify inventory management apps that successfully fulfill these aspects.
Choose the Best Shopify Inventory App for Your Store!
As your Shopify store continues to expand and your product range grows, managing inventory becomes increasingly challenging, doesn't it? Choose the right inventory management tool now and reduce your inventory workload!
Explore how Fabrikatör can streamline your inventory management processes and optimize your Shopify store's performance! 🌟
With Fabrikatör, managing Shopify inventory is easy, beneficial, and seamless.
🪄 Fully integrate & automatize! Ensure your data is automatically updated with Fabrikatör’s seamless integration with Shopify.
🪄 Forecast Ahead! Precise demand forecasting with smart planning.
🪄 Master Purchase Order! Streamline PO creation - quick and hassle-free.
🪄 Replenish promptly!: Reorder for ideal stock levels on time.
🪄 Accept Backorders! Keep your sales flowing, even when your stock is temporarily out-of-stock.
🪄 Use Analytics! Reach deep insights into your inventory & sales.
🪄 Manage Freight Planning! Optimize your shipping strategy & cut unnecessary costs.
and so much more!
Would you like to learn more? Go ahead and get a demo now for our 5/5-rated inventory planning tool! ✨