Operating in the world of inventory management requires more than just organizational skills, it demands a strategy that ensures accuracy, efficiency, and customer satisfaction.

Inventory planning solutions empower businesses to streamline operations, minimize costs, and meet customer demands without overstocking or understocking.

Of course, with so many options out there, finding the right solution can feel overwhelming.

That's why we’ve handpicked 11 best inventory planning solutions to help you optimize your operations and stay ahead in your industry.

Let’s dive in!

11 best inventory planning solutions

Before we dive into the detailed features of each inventory planning solution, let’s take a quick look at their key highlights.

1. Fabrikatör

Fabrikatör is an inventory management platform for Shopify users that uses data-driven insights and real-time analytics to help businesses optimize stock levels, forecast demand, and streamline operations.

Key features

1️⃣ Advanced demand forecasting: Predict future inventory needs with AI-driven algorithms that analyze sales trends, seasonal fluctuations, and marketing campaigns, ensuring supply aligns with demand.

2️⃣ Demand forecasting strategies: Select between manual growth rate adjustments based on last year's performance or leverage AI-driven forecasting (upcoming feature) for precise predictions.

3️⃣ Customizable planning templates: Use pre-made templates for events like Black Friday, Christmas, or Valentine’s Day, or create custom plans tailored to your business needs.

4️⃣ Supply plan automation: Automatically generate supply plans from demand plans with purchase order recommendations grouped by supplier or month for streamlined restocking.

5️⃣ Restock frequency configuration: Set restock intervals, such as monthly or quarterly, to maintain balanced inventory levels and optimize replenishment.

6️⃣ Dynamic plan updates: Refresh demand plans periodically to reflect updated sales trends and seasonal changes for more accurate forecasting.

7️⃣ Adaptive replenishment: Automate restocking processes using AI-powered recommendations based on sales data, lead times, and stock coverage, helping to prevent stockouts and overstocking.

8️⃣ Purchase order management: Simplify procurement by quickly creating, customizing, and sharing purchase orders, tracking incoming inventory, and effectively managing supplier communication.

9️⃣ Backorder automation: Continue selling out-of-stock products by automating backorders, linking them to purchase orders, and providing accurate shipment timelines to improve customer satisfaction.

🔟 Custom reports and dashboards: With 100+ metrics and personalized dashboards, inventory data can be turned into actionable insights, enabling better decision-making.

1️⃣1️⃣ Seamless integrations: Connect with tools like Shopify and Klaviyo to automate updates, enhance workflows, and streamline operations for better efficiency.

Pricing

Fabrikatör’s pricing is tailored to your annual revenue, ensuring flexibility and scalability for your business needs. Plans are available yearly and monthly, starting at $79/month (billed yearly).

2. Cin7

Cin7 is an inventory management solution that integrates with sales, purchasing, and warehousing systems, helping businesses streamline operations and enhance efficiency.

Key features

1️⃣ Inventory optimization: Track stock across multiple locations, forecast demand, and prevent overstock or stockouts with real-time data insights.

2️⃣ Multi-channel synchronization: Keep inventory updated across eCommerce, retail, and wholesale channels to ensure accurate stock availability.

3️⃣ Point of sale (POS): Streamline retail operations with an integrated tablet-based POS system that syncs inventory and enhances the customer experience.

4️⃣ Manufacturing and production: Oversee production processes with customizable BOMs, co-manufacturing options, and full product traceability for better operational control.

5️⃣ B2B portal: Offer customers a branded B2B portal to manage orders, improving order efficiency and customer satisfaction.

Pricing

Cin7 offers four pricing plans: Standard ($349/month), Pro ($599/month), Advanced ($999/month), and Omni (custom pricing).

3. Zoho Inventory

Zoho Inventory is a cloud-based inventory management solution that helps businesses streamline order management, track inventory in real-time, and automate routine tasks.

Key features

1️⃣ Real-time inventory tracking: Monitor stock levels across multiple locations and stay updated on inventory movements with real-time tracking.

2️⃣ Multi-warehouse management: Track inventory across multiple locations and streamline inter-warehouse transfers for better stock control.

3️⃣ Sales order and invoicing: Convert sales orders into invoices, track their status, and automate invoicing to accelerate payment processes.

4️⃣ Backorders and drop shipments: Fulfill customer orders seamlessly by creating backorders or initiating drop shipments when stock is low.

5️⃣ Barcode scanning: Automate data entry and daily inventory tasks by scanning barcodes, saving time and improving efficiency.

Pricing

Zoho Inventory offers four pricing plans: Standard (€29/month), Professional (€79/month), Premium (€129/month), and Enterprise (€249/month), all billed annually.

4. Fishbowl

Fishbowl is an inventory management solution for small to medium-sized businesses, offering advanced tracking, manufacturing, and warehouse management features.

Key features

1️⃣ Inventory tracking: Manage stock levels across multiple locations and track inventory in real-time with barcode scanning and lot tracking.

2️⃣ Order management: Automate sales and purchase order processes to streamline order fulfillment and reduce manual effort.

3️⃣ Warehouse management: Optimize warehouse operations with tools for inventory transfers, picking, packing, and shipping management.

4️⃣ Manufacturing integration: Handle production workflows with tools for work orders, bill of materials, and inventory allocation for manufacturing processes.

5️⃣ Reporting and analytics: Gain insights into inventory performance and operational efficiency with customizable dashboards and reports.

Pricing

Fishbowl offers two pricing options: Fishbowl Drive, a cloud-based solution for inventory and warehousing, and Fishbowl Advanced, an on-premises solution for warehousing and manufacturing. Contact Fishbowl for a tailored quote.

5. Finale Inventory

Finale Inventory is an inventory management solution designed for growing businesses to simplify stock tracking, order management, and multi-channel selling.

Key features

1️⃣ Real-time inventory tracking: Monitor stock levels and movements across warehouses with real-time updates to prevent stockouts or overstocking.

2️⃣ Dynamic SKU management: Track variations like size, color, and style with unique SKUs, ensuring precise inventory control and organization.

3️⃣ Reorder point automation: Automatically calculate reorder points using sales velocity and supplier lead times for timely restocking.

4️⃣ Replenishment tool: Transfer stock between warehouses or retail locations based on demand, reducing carrying costs and optimizing inventory distribution.

5️⃣ Customizable reporting: Generate tailored reports to analyze inventory performance, track trends, and make data-driven decisions.

Pricing

Finale Inventory offers flexible pricing plans starting at $99/month. Advanced features and tailored pricing are available for larger or custom needs.

6. Odoo

Odoo is a business management platform with inventory management tools that help businesses optimize stock levels, streamline operations, and enhance efficiency.

Key features

1️⃣ Inventory optimization: Manage stock levels efficiently with automated replenishment and advanced forecasting tools.

2️⃣ Multi-warehouse management: Track and manage inventory across multiple warehouses with real-time visibility and seamless transfers.

3️⃣ Barcode scanning: Improve accuracy and efficiency in stock handling with barcode-enabled picking, packing, and tracking processes.

4️⃣ Integrated order management: Sync sales, purchase, and inventory workflows for a unified and streamlined order fulfillment process.

5️⃣ Customizable dashboards: Access detailed inventory insights with customizable dashboards and reports for data-driven decision-making.

Pricing

Odoo offers flexible pricing with a free plan for one app, and paid plans starting at €11.90/user/month.

7. Katana

Katana is a cloud-based inventory and production management platform designed to help manufacturers optimize workflows, track inventory, and streamline order fulfillment.

Key features

1️⃣ Real-time inventory tracking: Monitor raw materials and finished goods across multiple locations with real-time updates for accurate stock management.

2️⃣ Production planning: Align production schedules with inventory levels and sales orders, ensuring smooth manufacturing workflows.

3️⃣ Order management: Automate sales and purchase order processes to streamline fulfillment and supplier communication.

4️⃣ Bill of materials (BOM) management: Create and manage detailed BOMs to ensure accuracy and efficiency in production planning.

5️⃣ Warehouse management: Improve order fulfillment with tools for bin locations, barcode scanning, stocktaking, and a dedicated warehouse app.

Pricing

Katana offers flexible pricing plans for small businesses starting at $179 monthly (billed annually). Additionally, advanced options are available.

8. Veeqo

Veeqo is a multi-channel inventory and order management platform designed to help businesses streamline stock control, order fulfillment, and shipping.

Key features

1️⃣ Multi-channel inventory management: Sync inventory across marketplaces like Amazon, eBay, Shopify, and more to maintain accurate stock levels in real-time.

2️⃣ Order management: Consolidate orders from all sales channels into one platform for streamlined processing and fulfillment.

3️⃣ Shipping integration: Automate shipping workflows with integrations for major carriers, label generation, and tracking updates.

4️⃣ Smart order routing: Allocate inventory from the closest warehouse to customers for faster shipping and reduced costs.

5️⃣ Data-driven forecasting and reporting: Forecast product demand using historical sales data and supplier lead times, while accessing profitability reports to track market performance.

Pricing

Veeqo offers a free plan with essential inventory and shipping tools, while the $250/month priority plan.

9. inFlow inventory

inFlow Inventory is a user-friendly inventory management system designed to help businesses easily track stock, manage orders, and streamline operations.

Key features

1️⃣ Inventory tracking across locations: Monitor stock levels in multiple locations, including warehouses and backrooms, with tools for transfers and inventory counts.

2️⃣ Order management: Consolidate all orders in one platform to track costs, profits, and fulfillment status for streamlined operations.

3️⃣ Reordering and notifications: Set reorder points and receive low-stock alerts to ensure timely replenishment and avoid stockouts.

4️⃣ Barcoding and labeling: Generate, print, and scan barcodes or QR codes to identify and manage stock efficiently.

5️⃣ Multi-channel integration: Connect with platforms like Shopify, Amazon, and QuickBooks to synchronize inventory and streamline operations.

Pricing

inFlow Inventory offers four pricing plans with annual and monthly options: Entrepreneur at $89/month, Small Business at $219/month, Mid-Size at $439/month, and Enterprise at $1055/month, also available for annual billing.

10. Extensiv

Extensiv is an inventory management platform for growing businesses that offers advanced tools for multi-channel fulfillment, warehouse management, and real-time stock tracking.

Key features

1️⃣ Real-time inventory tracking: Sync inventory across all sales channels and warehouses in real-time to maintain stock visibility and prevent overselling.

2️⃣ Advanced inventory forecasting: Use historical data and sales trends to predict demand, optimize stock levels, and adapt to seasonal changes, reducing overstock and stockouts.

3️⃣ Bundle and kit management: Manage product bundles and kits with automated component inventory calculations, ensuring accurate order fulfillment.

4️⃣ Warehouse optimization: Enhance warehouse operations with tools for stock transfers, picking, packing, and real-time tracking for improved efficiency.

5️⃣ Seamless integrations: Connect with platforms like Shopify, Amazon, WooCommerce, and Magento to centralize inventory and order data for streamlined workflows.

Pricing

Extensiv offers flexible plans starting at $39/month, with no limits on orders, SKUs, or users, tailored for merchants, 3PLs, and software providers needing seamless integrations.

11. Arkieva

Arkieva is an inventory planning and supply chain optimization platform designed to help businesses improve demand forecasting, streamline inventory management, and enhance operational efficiency.

Key features

1️⃣ Inventory optimization: Analyze and optimize stock levels across multiple locations to minimize costs and improve service levels.

2️⃣ Demand forecasting: Leverage advanced analytics and AI-driven tools to predict future demand and align inventory with customer needs.

3️⃣ Supply chain visibility: Gain end-to-end visibility into your supply chain to identify bottlenecks and improve decision-making.

4️⃣ Scenario planning: Model various inventory and supply chain scenarios to evaluate potential outcomes and risks before implementation.

5️⃣ Customizable dashboards: Access actionable insights with personalized dashboards and reports tailored to your business needs.

Pricing

Arkieva offers pricing options for both small businesses and enterprises.

Small businesses can start with a 14-day free trial, while tiered plans range from $1,000/month for basic demand forecasting to $5,000+/month for advanced solutions.

Wrapping it up

Our list of the best inventory planning solutions offers a solid foundation for optimizing your inventory management and boosting operational efficiency.

But the question is: which one fits your business needs best?

If you’re looking for a solution that combines time and cost savings with advanced features, Fabrikatör stands out from the competition.

Fabrikatör streamlines inventory planning, eliminates manual errors, and enhances decision-making through its AI-driven tools.

Not only does it save time and reduce costs, but it also ensures optimal inventory levels and a smoother workflow.

Ready to discover all the benefits Fabrikatör has to offer?

Try Fabrikatör or get a demo today to take your inventory management to the next level!