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Inventory Management Software

Inventory Management software monitors inventory levels for optimal production and distribution of goods for wholesale or retail. These applications enable organisations to efficiently manage inventory as well as procurement and order fulfillment functions. Inventory Management systems ensure accurate real-time inventory reporting and the ability to distribute this essential data across multiple locations and throughout an enterprise. Inventory Management software is related to Inventory Control software and Supply Chain Management software. Find below the list of best inventory management software in India for your organisation.

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Inventory and order management for growing businesses. Learn more about Zoho Inventory
Zoho Inventory is an online application that enables you to manage orders and inventory. With multi-channel selling, shipping integrations and powerful inventory control, you can now optimize your inventory and order management, right from purchase to packing, to payments. Learn more about Zoho Inventory

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Dr. ERP

Dr. ERP

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Dr. ERP: Streamlining Your Business Growth Effortlessly manage core processes like accounting, inventory, and production with Dr. ERP's Learn more about Dr. ERP
Introducing Dr. ERP, the ultimate solution for driving your business growth through streamlined automation. Designed to meet the diverse needs of modern enterprises, Dr. ERP empowers users to seamlessly manage and integrate core business processes such as accounting, inventory, production, and quality control. Why Choose Dr. ERP Software? Unique Listing: Crafted exclusively for Capterra, Dr. ERP's description offers a clear, high-level overview of its core functions and capabilities, ensuring busy buyers find the trustworthy information they seek. Streamlined Operations: Optimize your business with Dr. ERP's automated systems, providing insights into sales processes, streamlining production workflows, and ensuring sustained growth. Personalized Consultations: Our team ensures a seamless integration through personalized consultations, transparent quotes, and committed delivery, aligning with your dynamic business needs. Enhanced Collaboration: Dr. ERP facilitates smooth communicat Learn more about Dr. ERP

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We provide Inventory management system or warehouse management system that make monitoring and control easy. Learn more about Think Aisle
We provide a cloud based inventory management solution. Get FREE TRIAL for 3 Months. Think Aisle provides a flexible and customized software solution as per your business requirements. Integrate with your ERP/CRM/Shipping/Accounting Platforms. Generate reports based on IN and OUT Transactions. Get Email alerts based on re-order and min-max levels. Get a complete invoice for your billing purposes. Get a dedicated technical consultant available support for full year. Learn more about Think Aisle

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Oracle Fusion Cloud ERP is a cloud-based, end-to-end, business management solution designed for mid to enterprise-level customers. Learn more about Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP is a complete, modern, cloud ERP suite that provides your teams with advanced capabilities, such as AI to automate the manual processes that slow them down, analytics to react to market shifts in real time, and automatic updates to stay current and gain a competitive advantage. Learn more about Oracle Fusion Cloud ERP

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It helps in bringing all the information in one place so that data processing and retrieval is eased. Learn more about TYASuite
Inventory management software is a tool which assists businesses to manage their inventory and warehouse in proper shape. From re-stocking of goods to supply chain and proper price management, everything is taken care of in an effortless manner through this software. Learn more about TYASuite

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Inventory management software to regulate stock levels, control assets and inventory, and manage consumables in and out of the company. Learn more about EZOfficeInventory
Our leading asset tracking software enables you to manage inventory and assets across your company. Track vendors, move inventory across locations, and customize low stock threshold alerts for optimized inventory management. Scan Barcodes, QR Codes and RFID tags to perform mass actions and use our mobile apps to manage operations on the go! Our procurement module allows quick inventory replenishment through POs which automatically update your product catalog. Try it for free! Learn more about EZOfficeInventory

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Cloud-based rental management software to boost your rental business by tracking orders, inventory levels and location to minimize cost Learn more about EZRentOut
EZRentOut's cloud-based inventory management software enables you to track rental items with ease. It helps you maximize your ROI, and enhance efficiency and productivity. Save time with our mobile application. Carry out faster barcode and QR Code scans for seamless order creation. Keep tabs on your entire rental fleet across multiple locations. Our integration with QB and Xero fulfill all your bookkeeping needs. Learn more about EZRentOut

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The leading accounting software for small businesses. Instant access to customer, vendor and employee information.
QuickBooks Enterprise (Save Up to 40%) is an end-to-end accounting software that can grow with your business. It provides all the tools your business needs, yet is easy to use. You can organize your books, manage inventory, track sales, and even run payroll, but at the fraction of the cost. With QuickBooks Enterprise, you save thousands of dollars a year vs. comparable solutions. Powerful and flexible, it also comes in editions designed to fit your specific needs. Take a free test drive today. Learn more about QuickBooks Desktop Enterprise

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monday.com Work OS offers full inventory control with no-code features such as shipment tracking, automations, integrations, and more.
monday.com Work OS offers cloud based inventory management, enabling you to manage and optimize inventory effortlessly. The no-code features are highly customizable, including inventory tracking, shipment tracking, and integrations with existing tools such as CRM and Excel. Automations eliminate tedious tasks, and decrease the risk of error throughout your inventory flow. monday.com Work OS empowers teams to create solutions that fit their way of working. Learn more about monday.com

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Manage your stock with Xero's simple inventory management software. Stay on top of the numbers and keep track of stock in real time.
Easily keep tabs on your stock quantity and value with Xero inventory management tools. Know your best-selling and most profitable product lines and see how much profit you¿re making. Use this information to make the right decisions about what to order and how to price it. At the same time, save time with bulk imports. It's simple to get inventory in Xero up and running by quickly importing large numbers of inventory items from a spreadsheet. We provide a simple CSV template for you to use. Learn more about Xero

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Accept card and contactless payments in person with our selection of chip, tap, and swipe readers and accessories.
PayPal Commerce Platform helps make it easy for your customers to pay any way they want from almost anywhere. Let them pay now, pay later, or offer subscriptions or global and local payment options. It's the kind of flexibility customers demandthe kind that drives loyalty and lets you grow with the market. Learn more about PayPal Zettle

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Optimize inventory levels, boost profitability and decrease cost of goods sold with NetSuite inventory management.
NetSuite inventory management automates manual processes associated with traceability, replenishment, cycle counting, and managing inventory across multiple locations. With a single view of items, inventory and orders businesses can carry less inventory on hand and free up cash. Demand-based replenishment uses historical sales and seasonality to automate re-order points. Forward and backward tracing capabilities link finished goods to customer orders and suppliers allowing for full traceability. Learn more about NetSuite

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Inventory tracking platform that is cloud-based with mobile apps (IOS/Android). Unlimited Users. Get a free guided demo today!
Asset Panda is a powerful Cloud/Mobile App inventory tracking platform. We help people track, manage and support their inventory throughout their life cycle. Our software is configured to the way our clients work, secure and leverages the mobile devices your employees already carry. Get a free guided demo today! Learn more about Asset Panda

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UpKeep is rated the #1 mobile-first Inventory Management Software to streamline work orders, facility, and asset management.
UpKeep's Inventory Management Software is rated the #1 mobile-first maintenance and asset management solution for your team. From your desktop to your phone and even your tablet, UpKeep is easily accessible from anywhere at any time. Create work orders on-the-go, get notifications when tasks are updated, and receive alerts straight from your app when assets go down making your business run more efficiently than ever before. Learn more about UpKeep

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This cloud-based POS centralizes inventory management, employee management, sales reporting & accounting across locations and channels.
This POS platform makes retail easier for everyone. Whether you’re just getting started or building your empire, Lightspeed’s got you covered. Simplify inventory management with a sophistacted product catalog that unites all your locations from a single dashboard. - Manage Inventory faster - Get Lightspeed's Hardware - Create exceptional customer experiences - Keep an eye on performance in over 40 built-in reports - Lightspeed Payments Learn more about Lightspeed Retail

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Web-based open source eCommerce platform that helps in the creation of online store with themes, payment, shipping options & more.
Web-based open source eCommerce platform that helps in the creation of online store with themes, payment, shipping options & more. Learn more about WooCommerce

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QuickBooks is an end-to-end accounting software that can grow with your business.
QuickBooks Online Advanced (Save 50%) is a cloud-based, all-in-one, accounting and business hub solution, designed for growing, small to mid-sized businesses. Get performance reporting with highly customizable tracking tools, automated workflows, and real-time revenue and cash flow management dashboards. Seamlessly integrate best-in-class Premium Apps like Salesforce and HubSpot (CRM), Bill.com (accounts payable), DocuSign, LeanLaw & more to expand your capabilities as your business needs grow. Learn more about QuickBooks Online Advanced

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ShipStation inventory management boosts efficiency, reduces errors, and optimizes stock levels for major cost savings.
With ShipStation’s inventory management solution say goodbye to costly errors and inefficiencies. Enhance your bottom line by fine-tuning stock levels with automated tracking and management. Whether setting account-wide or SKU-specific thresholds, allocating available stock to higher-priority orders, or averting the shipment of "out-of-stock" orders, this solution empowers you to pick and pack faster and with accuracy. Learn more about ShipStation

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Fishbowl streamlines and automates the inventory management process to increase throughput, accuracy, efficiency, and profitability.
With Fishbowl Manufacturing and Inventory Management, you can automate your processes and reduce costs while maximizing profitability. Our solution includes advanced work orders, material requirements planning (MRP), bills of materials, barcode scanning and can be easily deployed on-premise and hosted in the cloud. Learn more about Fishbowl

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The fastest, easiest, and highest value service management software to automate everything from first customer contact to getting paid.
mHelpDesk is the easiest and most powerful inventory tracking solution for your business, helping you manage inventory across several locations for your field service business. No more showing up on a job site without the parts you need or making an extra trip to the warehouse for no reason. You¿ll know exactly what is where and when you¿re low on parts. We provide our customers with mobile and online tools that are unmatched in performance, reliability, and functionality. Learn more about mHelpDesk

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Helps users wisely manage their warehouses, and maximize their inventory efficiency, by reducing stock levels and avoiding stock-outs.
Odoo Inventory is expertly designed to help companies improve their internal operations, specifically by providing them with the most efficient stocking methods imaginable. Users can wisely manage their warehouse, and maximize their inventory, by reducing stock levels and avoiding unnecessary stock-outs. With Odoo¿s innovative double-entry system, inventory has no stock input, output, or transformation - all operations are simply stock moves between locations. Learn more about Odoo

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Jira Service Management is an ITSM software that unlocks high-velocity teams to deliver great service experiences fast and together.
Jira Service Management is an ITSM solution that unlocks high-velocity IT, dev, operations, and business teams. Empowered teams can deliver great service experiences, without the complexity of traditional ITSM, and coordinate efforts for even more impact through Jira’s open collaborative platform. Streamlined workflows, automation rules, queues, SLAs, and a self-service portal all empower IT, dev, operations, and business teams to deliver exceptional service management at scale with no silos. Learn more about JIRA Service Management

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Adobe powers billions in B2B ecommerce with a platform that boosts operational efficiency, customer satisfaction, and revenue growth
Adobe Commerce unlocks the power of data to create hyper-personalized commerce experiences out-of-the-box that drive deeper customer engagement and higher sales for global B2B and B2C enterprises. With a feature-rich, cloud-native platform that is also highly composable, Adobe Commerce can be easily customized to fit your business and reduce your time to market. Support for multiple sites, markets, business models, and storefront solutions ensure you have the agility to win in today's market. Learn more about Adobe Commerce

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QuickBooks Commerce enables you to manage inventory and orders for your multichannel business and keep track of products.
QuickBooks Commerce enables you to manage inventory and orders for your multichannel business and keep track of your products as you sell and restock across multiple warehouse locations and channels. QuickBooks Commerce allows brands to automate and integrate their commerce platforms and get powerful insights into all their sales data on-demand. Learn more about QuickBooks eCommerce

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Cin7 is a highly configurable inventory management, and order management solution with best-in-class built-in EDI and 700 integrations.
Cin7 is a highly configurable inventory management and order management solution with built-in EDI and integrations to all the popular eCommerce platforms, marketplaces, and 3PLs. It's best-in-class for all combinations of B2B and D2C sales channels, warehouses, shipping, and fulfillment. Cin7 provides exceptional automations, workflows, reports, and analysis to enable brands, retailers, and wholesalers to operate efficiently as they scale and efficiently match demand to supply. Learn more about Cin7 Omni

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Inventory Management Software Buyers Guide

What is inventory management software?

Inventory management software monitors inventory, helping organizations streamline inventory creation and organize order fulfillment operations. These systems help businesses optimize their inventories and improve supply chain efficiency. Advanced inventory management systems provide real-time inventory control and auditing functionalities.

The benefits of inventory management software

Manual inventory management programs, whatever your method, is inefficient and time consuming. These methods cannot handle complex tasks such as inventory auditing, inventory control, and real-time inventory tracking. Inefficient inventory management harms your business; excess inventory increases your total cost of warehousing, while inadequate stock leads to lost sales and negative customer experience.

Inventory management is a key factor that influences whether you make a sale or lose to a competitor, and inventory management software helps your business avoid such damage while overcoming related challenges. 

Specific benefits include:

  • Enhanced inventory tracking
  • Lower incidents of inventory theft
  • Improved supply chain visibility for your suppliers
  • Improved financial performance
  • Accurate accounting and financial reporting

Typical features of inventory management software

  • Inventory auditing:   Run periodic reviews of inventory records and alert management of any discrepancies or process lapses.
  • Inventory control: Optimize inventory levels and reduce instances of overstocking and understocking. 
  • Product categorization:   Monitor inventory based on product attributes such as weight, height, lot, batch, date, and serial number.
  • Purchase order management: Create, review, and modify paperless purchase orders from suppliers. 
  • Reporting/analytics:   Summarize and analyze inventory performance. Some advanced platforms offer real-time data capturing and data visualization tools.
  • Search/filter:   Search products based on features such as location, product type, serial number, and size.

Considerations when purchasing inventory management software

  • Integration with accounting software: Inventory management systems work closely with accounting platforms. Inventory control and inventory auditing are important functions fueled by accounting solution integration. When buying inventory software, ask the vendor about third-party integrations and look for a solution that integrates with your current—or preferred—accounting software.
  • Total cost of ownership: Different inventory management programs offer varied pricing models that make direct comparison a bit tough. Certain vendors may charge for product support, data storage, training, implementation, upgrades, and more. Before purchasing a solution, contact the vendor and calculate the total cost of ownership based on your business’ needs.
  • Vendors add advanced data analytics for better inventory control: Data analytics technologies have grown by leaps and bounds in recent years. In response, inventory management systems vendors are including advanced data analytics modules in their products to offer data visualization , real-time data access , and multiple data connectors . Data analytics helps managers take corrective action in the event of performance deviation.
  • Internet of things will get real: In the coming years, you’ll get something more from the internet of things (IoT) than just the hype you’ve seen so far. In fact, according to a Capterra’s technology trends report , 73% of small businesses are planning to use IoT within the next two years. The IoT is becoming a reality with the launch of products such as BlackBerry Radar —which has advanced tracking and sensor capabilities—and Smart trash receptacles , which share volume status (denoting how “full” the receptacles are) via Wi-Fi to optimize trash collectors routes.