# Best Inventory Control Software - Page 28

## How Many Inventory Control Software Products Does G2 Track?

**Total Products under this Category:** 574

### Category Stats (Aug 2026)

- **Average Rating:** 4.31/5 (↑0.01 vs Jul 2026) The average rating of products in this category, based on all submitted ratings
- **Top Trending Product:** Geneva Systems, Inc. (+3.69%) - Among all products in this category, Geneva Systems, Inc. recorded the largest rating increase compared to last month

_Last updated: August 01, 2026_

## How Does G2 Rank Inventory Control Software Products?

**Why You Can Trust G2's Software Rankings:**

- 30 Analysts and Data Experts
- 13,500+ Authentic Reviews
- 574+ Products
- Unbiased Rankings

G2's software rankings are built on verified user reviews, rigorous moderation, and a consistent research methodology maintained by a team of analysts and data experts. Each product is measured using the same transparent criteria, with no paid placement or vendor influence. While reviews reflect real user experiences, which can be subjective, they offer valuable insight into how software performs in the hands of professionals. Together, these inputs power the G2 Score, a standardized way to compare tools within every category.

## G2 Grid® for Inventory Control Software
 ![G2 Grid® for Inventory Control Software plotting products by satisfaction and market presence](https://www.g2.com/categories/inventory-control-software/grids.png?focus%5B%5D=1142&focus%5B%5D=394&focus%5B%5D=53424&focus%5B%5D=90674&focus%5B%5D=39388&focus%5B%5D=59587&focus%5B%5D=4364&focus%5B%5D=128358)

Highlighted products: Xero, QuickBooks Online, ShipHero, Katana Cloud Inventory, TallyPrime, SAP Integrated Business Planning, Unicommerce, and Increff WMS.

Underlying data: [Grid® JSON](https://www.g2.com/categories/inventory-control-software/grids.json?focus%5B%5D=xero&focus%5B%5D=quickbooks-online&focus%5B%5D=shiphero&focus%5B%5D=katana-cloud-inventory&focus%5B%5D=tallyprime&focus%5B%5D=sap-integrated-business-planning&focus%5B%5D=unicommerce&focus%5B%5D=increff-wms)

**Sponsored**

### EZO

EZO is a cloud-based Enterprise Asset Management (EAM) platform with a built-in CMMS, designed to help mid-market and enterprise teams run asset operations with control and visibility. Established in 2011, EZO is built for equipment-centric organizations and brings asset planning, tracking, movement, and maintenance into a single system so teams know what they have, where it is, and whether it’s ready for use. The EZO Core Enterprise Asset Management Platform is designed as a command center for teams that run equipment-centric operations, allowing them to efficiently track and maintain their mission-critical assets. With barcode, QR code, and RFID scanning, teams can manage checkouts, transfers, and custody across locations with full accountability. Automated workflows, approvals, and real-time alerts reduce manual work and help standardize operations at scale. Dashboards and customizable reporting provide a single source of truth for availability, utilization, movement history, and loss prevention, accessible from anywhere for faster decisions. EZO helps enterprises keep critical assets visible, ready, and available without operational slowdowns. The platform simplifies the check-in and check-out processes, making it easier for teams to manage asset movements in real-time. The built-in CMMS (Computerized Maintenance Management System) add-on transforms maintenance operations from reactive to proactive. EZO’s native CMMS enables preventive maintenance, work order management, and complete service history tracking and helps teams to minimize downtime, extend asset life, and stay audit-ready. Organizations can benefit from improved reliability and efficiency in their maintenance processes, leading to better resource allocation and reduced operational disruptions. Overall, EZO is designed to empower enterprise organizations by enhancing their asset management and intelligence capabilities. It is built for organizations where asset availability directly impacts mission-critical operations. It helps mid-market and growing enterprise teams keep equipment visible, controlled, and always ready for the next job.

[Visit website](https://www.g2.com/external_clickthroughs/record?secure%5Bad_program%5D=ppc&secure%5Bad_slot%5D=category_product_list_llm&secure%5Bcategory_id%5D=656&secure%5Bchosen_at%5D=2026-08-02T23%3A06%3A14Z&secure%5Bdisplayable_resource_id%5D=656&secure%5Bdisplayable_resource_type%5D=Category&secure%5Bmedium%5D=sponsored&secure%5Bplacement_reason%5D=page_category&secure%5Bplacement_resource_ids%5D%5B%5D=656&secure%5Bprioritized%5D=false&secure%5Bproduct_id%5D=7962&secure%5Bresource_id%5D=656&secure%5Bresource_type%5D=Category&secure%5Bsource_type%5D=category_page&secure%5Bsource_url%5D=https%3A%2F%2Fwww.g2.com%2Fcategories%2Finventory-control-software%3Fpage%3D28%26post_lead_product%3Dredbeam-inventory-control&secure%5Btoken%5D=fb8c18e335167e363e2d89663055c7cde85399b68bfc8396f9b106f3dca2367b&secure%5Burl%5D=https%3A%2F%2Fezo.io%2Fezofficeinventory%2F%3Futm_source%3Dpaid_advertising%26utm_medium%3Dg2%26utm_campaign%3Dg2-clicks&secure%5Burl_type%5D=custom_url)

### [InventoryQuick](https://www.g2.com/products/inventoryquick/reviews)

InventoryQuick is inventory management software for small businesses that want real capability at a flat monthly price — no per-user fees on any plan. It is developed by Chamberlain Design LLC, founded in 2026 and headquartered in the United States. Track stock across multiple locations, warehouses and shelves, with transfers logged as formal stock movements and a full history of every change. Set a reorder point per item and get automatic low-stock alerts by email. Raise purchase orders against supplier records, email them to suppliers, and receive against them — including partial receipts, so a short shipment keeps the PO open for the backorder. GST/VAT-aware totals show the ex-tax subtotal, the tax, and the inclusive total, so the PO matches your supplier's invoice. Last cost and weighted-average cost update on every receive. Scan item barcodes and QR codes with your phone camera in the native iOS and Android apps — CODE128, EAN13, UPC-A and QR — to look up an item, add a new one, or adjust stock. No dedicated scanner hardware required. Connect Shopify for live two-way inventory sync on the Pro plan and above; receiving a purchase order pushes updated stock back to your store. A Shopify product export imports automatically — SKUs, quantities, prices, barcodes, costs and vendors are recognized without manual column matching. Ask the built-in AI assistant questions like "what's running low?" or "create a PO for my top supplier" and it acts on your real inventory data. For manufacturers and job shops, the Enterprise plan adds work orders with cut-list import from Excel or CSV, per-job material lists, committed-demand forecasting, and rules-based automatic purchase orders. Integrations: Shopify (live two-way inventory sync, Pro and above), Slack notifications, Microsoft Teams notifications, Zapier (outbound events to a Zapier Catch Hook), and custom outbound webhooks. Starter includes no integrations; Pro includes 2, Business 5, Enterprise unlimited. Plans: Starter $19/mo (250 items, 3 locations, 2 users), Pro $49/mo (500 items, 5 locations, 3 users), Business $149/mo (5,000 items, 50 locations, 15 users, plus demand forecasting, price monitoring and API access), and Enterprise $349/mo (unlimited items, locations and users, plus work orders, cut-list import, per-job material lists and automatic purchase orders). Annual billing is available at a discount. 7-day free trial with full access to every feature. There is no free plan — after the trial, an active paid subscription is required to keep using the account. If you don't subscribe, the account becomes read-only and your data is preserved. InventoryQuick runs as a desktop web app plus native iOS and Android apps. Support is by email. Setup takes about five minutes. No consultants and no implementation project.

#### Who Is the Company Behind InventoryQuick?

- **Seller:** [Chamberlain Design](https://www.g2.com/sellers/chamberlain-design)
- **Year Founded:** 2025
- **HQ Location:** N/A
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=7886df2ed926834e5eb248c77dcfa8e5c815d3ab1f0fe3132ced0dba45868834&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2FNo-Linkedin-Presence-Added-Intentionally-By-DataOps&secure%5Burl_type%5D=linkedin_company_website)  
1 employees on LinkedIn®

### [Inventory Simplified](https://www.g2.com/products/inventory-simplified/reviews)

Cloud-based inventory management with automatic cost of goods calculation. The only affordable inventory software that supports an array of historical prices on a single item. Scan inventory in and out with our easy to use mobile app.

#### Who Is the Company Behind Inventory Simplified?

- **Seller:** [Inventory Simplified](https://www.g2.com/sellers/inventory-simplified)
- **HQ Location:** N/A
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=7886df2ed926834e5eb248c77dcfa8e5c815d3ab1f0fe3132ced0dba45868834&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2FNo-Linkedin-Presence-Added-Intentionally-By-DataOps&secure%5Burl_type%5D=linkedin_company_website)  
1 employees on LinkedIn®

### [Inventra by Irtiqa Hub](https://www.g2.com/products/inventra-by-irtiqa-hub/reviews)

Inventra by Irtiqa Hub is an intelligent inventory and purchase order management software designed to give businesses complete visibility and control over stock, procurement, and invoicing from a single dashboard. It helps retail stores, distributors, warehouses, and SMEs manage inventory efficiently, automate purchasing, and make data-driven decisions — reducing errors, saving time, and improving operational efficiency. Key Capabilities Real-Time Inventory Tracking: Monitor stock levels, receive low-stock alerts, and maintain accuracy across all items. Automated Purchase Orders: Generate purchase orders automatically and manage supplier details in one place. Vendor & Supplier Management: Track supplier performance and order history for better decision-making. Customizable Tax & Currency Settings: Supports GST, VAT, and multiple currencies for global business use. Smart Reports & Insights: Access detailed analytics to identify trends and optimize procurement strategies. AI-Powered Tools: Create promotional content and visuals directly within the platform to support sales and marketing efforts. In short, Inventra helps growing businesses simplify stock control, enhance supply chain visibility, and scale operations with confidence.

#### Who Is the Company Behind Inventra by Irtiqa Hub?

- **Seller:** [Irtiqa Hub](https://www.g2.com/sellers/irtiqa-hub)
- **Year Founded:** 2025
- **HQ Location:** Hyderabad, IN
- **Twitter:** @irtiqahub
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=7a2d7a723fb6007a46f87365569b35c74bb3188ef6201df4ff32c0810ad01379&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Firtiqa-hub%2F&secure%5Burl_type%5D=linkedin_company_website)  
1 employees on LinkedIn®

### [InvenTrackr – Warehouse & Godown Management](https://www.g2.com/products/inventrackr-warehouse-godown-management/reviews)

Managing a warehouse or godown efficiently is critical for businesses that handle large volumes of goods. Poor inventory control, disorganized spaces, and lack of proper tracking can lead to lost products, delayed shipments, and increased costs. This is where Inventrackr, a comprehensive warehouse and godown management software, comes into play. Inventrackr is designed to streamline operations, improve organization, and provide full visibility over your warehouse or godown processes, making it an indispensable tool for businesses that want to optimize their storage management. What is Inventrackr Warehouse and Godown Management? Inventrackr is a robust warehouse and godown management software that simplifies and automates the management of storage spaces like warehouses and godowns. It includes a wide range of features, all aimed at ensuring that products, employees, and processes are managed efficiently. Whether you’re dealing with multiple godowns or a single warehouse, Inventrackr allows you to gain complete control over operations such as employee management, item tracking, and inventory movement. With Inventrackr, businesses can manage everything from the creation of item masters, brands, and employees to the tracking of goods through e-way bills. Whether you need to keep track of employees working in different godowns or organize items into specific categories, Inventrackr’s features are built to support the needs of modern warehouses and godowns. Features of Inventrackr Warehouse and Godown Management Employee Godown Linking:- This feature allows businesses to assign specific employees to different godowns. With Employee Godown Linking, managers can ensure that each employee is accountable for a particular space, making it easier to track productivity and ensure proper management of goods within each godown. Employee Management:- Inventrackr’s employee management feature ensures that warehouse staff and godown employees are monitored and managed effectively. This feature allows managers to oversee work hours, tasks, and responsibilities, helping to improve productivity and accountability across the entire warehouse workforce. Godown Linking & Management:- For businesses that operate multiple godowns, Godown Linking & Management offers an easy way to connect and manage multiple storage spaces. This feature makes it simple to monitor inventory levels, transfer goods between godowns, and ensure that stock is evenly distributed to meet demand. Master Creation:- The backbone of inventory management within Inventrackr. It allows businesses to create item categories, manage products by brand, and organize stock based on various attributes. This comprehensive item tracking system ensures that every product is easily accessible and accounted for, reducing the risk of stockouts or overstocking. Item Creation:- Managing items efficiently is at the core of Inventrackr’s system. With Item Creation, businesses can create individual item records, categorize them, and ensure accurate stock levels are maintained across all godowns and warehouses. This not only improves inventory accuracy but also ensures that items can be quickly located when needed. Brand Creation:- For businesses dealing with branded products, Brand Creation helps organize stock by brand, making it easier to track and manage items from specific manufacturers. This is especially useful for businesses that need to maintain a clear separation of stock from different suppliers. E-way Bill Integration:- Inventrackr integrates seamlessly with E-way Bill generation systems, ensuring compliance with government regulations. This feature helps businesses easily create and manage e-way bills for the transportation of goods between locations. Having e-way bills directly within the system saves time, reduces paperwork, and ensures that all goods are tracked during transit. Why Choose Inventrackr for Warehouse and Godown Management? In today’s fast-paced business environment, having real-time visibility into your warehouse operations is crucial. Inventrackr provides businesses with a one-stop solution for managing every aspect of warehouse and godown operations. Here’s why Inventrackr stands out: Improved Efficiency: With features like employee management and godown linking, Inventrackr ensures that tasks are assigned and completed efficiently, reducing downtime and improving workflow. Accurate Inventory Tracking: The software allows for precise tracking of items, brands, and categories, ensuring that stock levels are maintained accurately. This reduces the risk of human error and ensures that inventory is always up to date. Compliance: Inventrackr’s E-way Bill integration ensures that your business complies with legal requirements when moving goods. This feature automates the creation and management of e-way bills, reducing administrative effort. Scalability: Whether you’re managing a single warehouse or multiple godowns, Inventrackr scales with your business needs. The software is flexible and can handle the complexity of managing a growing number of items, brands, and employees. Ease of Use: Inventrackr is designed with a user-friendly interface that makes it easy for managers and employees alike to use the system without extensive training. The simple navigation and clear workflows ensure quick adoption across teams. Conclusion Inventrackr Warehouse and Godown Management Software is the ultimate solution for businesses looking to optimize their warehouse operations. With its extensive range of features—from employee management and item tracking to godown linking and e-way bill integration—Inventrackr provides the tools needed to streamline and simplify warehouse and godown management. By adopting Inventrackr, businesses can improve efficiency, enhance inventory accuracy, and ensure full compliance with industry regulations. Whether you’re a small business or a large enterprise, Inventrackr offers the flexibility, scalability, and ease of use that you need to manage your warehouse and godowns effectively.

#### Who Is the Company Behind InvenTrackr – Warehouse & Godown Management?

- **Seller:** [Yash Computech Solutions Pvt Ltd](https://www.g2.com/sellers/yash-computech-solutions-pvt-ltd)
- **Year Founded:** 2000
- **HQ Location:** Indore, IN
- **Twitter:** @ycsindia  
91 Twitter followers
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=4d80cc3d639362202612c02e38e2aac18a934f6c830dea94f7e7f3de48969e91&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fyash-computech-solutions&secure%5Burl_type%5D=linkedin_company_website)  
30 employees on LinkedIn®

### [iTurn](https://www.g2.com/products/iturn/reviews)

Innovative Systems provides small to medium-size businesses with affordable consulting, software tools, custom application development, integration, and education to help you optimize your supply chain

#### Who Is the Company Behind iTurn?

- **Seller:** [Innovasysinc](https://www.g2.com/sellers/innovasysinc)
- **HQ Location:** N/A
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=7886df2ed926834e5eb248c77dcfa8e5c815d3ab1f0fe3132ced0dba45868834&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2FNo-Linkedin-Presence-Added-Intentionally-By-DataOps&secure%5Burl_type%5D=linkedin_company_website)  
1 employees on LinkedIn®

### [Keros](https://www.g2.com/products/keros/reviews)

Keros is a Best-of-breed Distributed Order Management System with powerful omnichannel features to help retailers deliver a truly unified commerce experience.

**Average Rating:** 5.0/5.0

**Total Reviews:** 1

#### How Do G2 Users Rate Keros?

- **Has the product been a good partner in doing business?:** 10.0/10 (Category avg: 8.9/10)

#### Who Is the Company Behind Keros?

- **Seller:** [Keros Digital SA](https://www.g2.com/sellers/keros-digital-sa)
- **Year Founded:** 2014
- **HQ Location:** Mendrisio
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=4ca2474668b0693b8e1248396429e65ea960e21856bf0cb05ced885bb90ca292&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fkeros-digital-sa&secure%5Burl_type%5D=linkedin_company_website)  
14 employees on LinkedIn®

#### Who Uses This Product?

- **Company Size:** 100% Large

#### What Are Recent G2 Reviews of Keros?

**["experience with a flexible and advanced partner, attentive to new business models"](https://www.g2.com/survey_responses/keros-review-9246302)**

**Rating:** 5.0/5.0 stars

_— Marco P._

[Read full review](https://www.g2.com/survey_responses/keros-review-9246302)

### [K inventory](https://www.g2.com/products/k-inventory/reviews)

Simplify the management of your stocks and inventories with an innovative and intuitive solution. K inventory is an Inventory Management Software to track your items in real time : - Inventory simply by scanning your items via QR code, barcode or RFID technologies. - Multi-site management: city, building, warehouse, department, floor or cabinet... - Implement workflows and assign tasks on stock operations: inventory, movement, order reception or stock removal - Personalization of your interface: keywords, custom fields, categories, dahsboards, - Available on desktop and mobile app!

#### Who Is the Company Behind K inventory?

- **Seller:** [K inventory](https://www.g2.com/sellers/k-inventory)
- **HQ Location:** Courbevoie, FR
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=9faadd58ed67f15436a2a3f097d6ec2781e48625e5f88652f4ee5b634bba3be6&secure%5Burl%5D=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fk-inventory&secure%5Burl_type%5D=linkedin_company_website)  
9 employees on LinkedIn®

### [Klipboard Autopart](https://www.g2.com/products/klipboard-autopart/reviews)

Klipboard Autopart is a purpose-built enterprise resource planning (ERP) solution designed for automotive parts distributors, motor factors and aftermarket businesses. The system provides an integrated platform for managing core operational processes, including sales management, stock control, purchasing, pricing, and financial management. Autopart is developed specifically for the requirements of parts-focused businesses, where accurate inventory control, pricing management and fast transaction processing are critical to daily operations. The platform enables organisations to manage high-volume product catalogues, maintain visibility across inventory, and support efficient order handling across branches or locations. The solution supports end-to-end workflows by connecting sales activity, stock movements, supplier purchasing, and accounting functions within a single system. This integration helps reduce reliance on disconnected tools and manual processes while improving data accuracy and operational consistency. Klipboard Autopart is designed to help businesses improve stock visibility, maintain control over margins and streamline day-to-day processes. By centralising key business functions, the system assists users in monitoring product availability, managing supplier relationships and maintaining accurate financial records. The platform is suitable for both single-site and multi-branch operations, providing tools that support scalability and operational oversight. Users can manage inventory distribution, pricing structures, customer transactions, and reporting from a unified environment. Autopart is typically used by organisations seeking to improve operational efficiency, enhance inventory management practices, and maintain greater control over sales and purchasing processes. The system is intended to support the practical needs of automotive parts businesses, where speed, accuracy and stock availability play a central role in performance and customer service.

#### Who Is the Company Behind Klipboard Autopart?

- **Seller:** [Klipboard](https://www.g2.com/sellers/klipboard)
- **Company Website:** www.klipboard.com
- **Year Founded:** 1976
- **HQ Location:** Hungerford, UK
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=6393589b035228e5db9ad7c43ab36631a0bc5b94b8c607b7d54882e25a3a35e0&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fweareklipboard%2F&secure%5Burl_type%5D=linkedin_company_website)  
7 employees on LinkedIn®

### [Klipboard ERP One](https://www.g2.com/products/klipboard-erp-one/reviews)

Klipboard ERP One is a cloud-based enterprise resource planning (ERP) platform designed to support complex, operationally driven organisations that require control, visibility and consistency across their business. It is built for industries where margins are tight, operations are fast-moving, and accuracy is critical, including distribution, builders’ merchants, rental and service-led organisations. ERP One brings together core operational and financial functions into a single, unified platform. It connects sales, purchasing, inventory, fulfilment, finance and business intelligence, providing one source of truth across sites, teams and processes. By replacing legacy systems and disconnected tools, ERP One helps businesses reduce duplication, streamline workflows, and improve decision-making through real-time, reliable data. The platform is well suited to organisations operating across multiple branches, warehouses or distribution centres, where standardised processes and consistent information are essential to day-to-day performance. ERP One enables teams to work from shared data, ensuring that stock levels, orders, pricing and financial information remain aligned across the business. This improves operational efficiency, reduces errors and supports a more responsive customer experience. As organisations grow, ERP One is designed to scale alongside them. It supports increasing transaction volumes, additional users and expanding operational complexity without requiring extensive customisation to remain effective. This makes it a strong fit for businesses that have outgrown entry-level systems and need greater capability, but want to avoid the cost, rigidity, and risk often associated with traditional ERP implementations. ERP One also extends beyond core ERP functionality through an integrated ecosystem of mobile applications. These tools support operational workflows such as goods receiving, stock checks, warehouse management, picking, delivery and proof of delivery, helping businesses improve productivity and accuracy across warehouse, transport and field-based teams. By combining industry-specific functionality with modern cloud technology, Klipboard ERP One provides organisations with greater visibility, stronger control over operations, and the flexibility to adapt as their business evolves. It is designed to support long-term growth by helping teams operate more efficiently, protect margins and maintain consistency across increasingly complex operations.

#### Who Is the Company Behind Klipboard ERP One?

- **Seller:** [Klipboard](https://www.g2.com/sellers/klipboard)
- **Company Website:** www.klipboard.com
- **Year Founded:** 1976
- **HQ Location:** Hungerford, UK
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=6393589b035228e5db9ad7c43ab36631a0bc5b94b8c607b7d54882e25a3a35e0&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fweareklipboard%2F&secure%5Burl_type%5D=linkedin_company_website)  
7 employees on LinkedIn®

### [Knowledge](https://www.g2.com/products/knowledge/reviews)

Knowledge ERP is a comprehensive inventory management software designed to streamline and optimize inventory control for businesses of all sizes. It offers a wide range of features that facilitate efficient inventory tracking, including real-time monitoring of stock levels, customizable reporting, and robust integration capabilities. With Knowledge ERP, users can effectively manage their inventory from procurement to distribution, ensuring accurate stock levels and reducing the risk of overstock or stockouts. This software is particularly valuable for companies looking to enhance their inventory organization, improve order fulfillment processes, and gain better insights into their inventory management operations.

#### Who Is the Company Behind Knowledge?

- **Seller:** [Pelton Solutions, LLC](https://www.g2.com/sellers/pelton-solutions-llc)
- **Year Founded:** 2012
- **HQ Location:** Marquette, Michigan
- **Twitter:** @PeltonSolutions  
12 Twitter followers
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=0bd69ddd924729099a68ad20a621090d67e4c7def1979aef377e6f26c3127732&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fpelton-solutions&secure%5Burl_type%5D=linkedin_company_website)  
1 employees on LinkedIn®

### [KoRaft](https://www.g2.com/products/koraft/reviews)

KoRaft turns physical shelves into an inventory system. Instead of maintaining a spreadsheet nobody updates, or hoping the person who noticed the last bag of napkins was running out remembers to tell whoever does the ordering, you print a QR code for every product, stick it on the shelf next to that product, and anyone on your team can scan it - from any phone camera, no app install required - the moment they see stock running low. The scan creates a "reorder trigger" that appears instantly on the manager's dashboard. From there, KoRaft tracks each item through three states - Triggered (someone scanned it), Ordered (a manager placed the order with the supplier), and Received (it arrived). The result is a clean audit trail of what got reordered, when, by whom, and how long each supplier actually takes to deliver - data you never had before. Who KoRaft is built for Small-to-medium businesses that manage physical inventory but don't need warehouse-management software. Typical customers include: - Restaurants, cafés, and bars (napkins, packaging, cleaning chemicals, disposables) - Beauty salons and barbershops (retail products, consumables, PPE) - Print shops and workshops (paper stock, inks, cutting supplies) - Small retailers with 50–1,000 SKUs - Multi-location small chains where a central manager coordinates reorders across sites If your current process is "Excel + WhatsApp + hope", KoRaft is the direct upgrade. What makes KoRaft different Purpose-built for the reorder loop. Competing tools like Sortly focus on asset tracking with no reorder automation; enterprise tools like inFlow Inventory or Cin7 Core start at $129–$399/month and take weeks to configure. KoRaft is live in under 15 minutes and starts at €9/month. Physical-first. The QR card is the interaction surface. There's nothing to open on a phone, no login required for the person at the shelf (unless you enable SecureScan for sensitive items), and no training needed for staff. Portable to real teams. Multi-user with per-role permissions, 6-language interface (English, Lithuanian, Chinese, Spanish, German, French), Android companion app with an offline scan queue for spotty warehouse Wi-Fi, and an email-template editor that drafts orders to suppliers automatically with the exact SKUs and quantities. Feature highlights - QR card generator with 16 print layouts (business card, label, 4×6 photo card, A5 sheet, etc.) - Group organization + custom fields per product - Supplier profiles with lead-time tracking - SecureScan mode: require login for sensitive products - Statistics: reorder velocity, supplier performance, top items, spend by category - Android app with offline queue for shop-floor / kitchen use - Photo attachments per product (Business + Pro plans) - Email template editor (Business + Pro plans) Pricing All plans include the full feature set - only capacity limits differ. - Starter - €9/month - 1 user, up to 50 products - Business - €25/month - 10 users, up to 250 products - Pro - €50/month - 50 users, up to 1,000 products 14-day free trial. No credit card required. Cancel anytime.

#### Who Is the Company Behind KoRaft?

- **Seller:** [KoRaft](https://www.g2.com/sellers/koraft)
- **HQ Location:** N/A
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=7886df2ed926834e5eb248c77dcfa8e5c815d3ab1f0fe3132ced0dba45868834&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2FNo-Linkedin-Presence-Added-Intentionally-By-DataOps&secure%5Burl_type%5D=linkedin_company_website)  
1 employees on LinkedIn®

### [Lecxa Inventory Software](https://www.g2.com/products/lecxa-inventory-software/reviews)

Lecxa is an inventory management software solution that helps businesses track stock, manage warehouse inventory, and coordinate purchasing and order workflows across one or multiple locations. The platform provides centralized visibility into inventory levels and stock movement, enabling teams to maintain accurate inventory records and manage operational processes related to receiving, storage, and fulfillment. Lecxa is categorized within Inventory Management Software (IMS) and Warehouse Management Software (WMS). It is commonly used by wholesalers, distributors, retailers, and eCommerce businesses that manage physical inventory and require structured processes for tracking products throughout the supply chain. The system allows businesses to monitor stock levels in real time, manage purchase and sales orders, and track inventory movement between warehouses or locations. The platform supports operational workflows such as receiving incoming inventory, processing outgoing orders, and transferring stock between warehouses. By maintaining a centralized inventory database, Lecxa helps teams coordinate purchasing, warehouse management, and order fulfillment activities while improving stock visibility across the organization. Lecxa can be implemented by businesses that are transitioning from spreadsheets or disconnected inventory systems and need a unified platform for inventory control. The software is designed to support inventory operations as organizations grow and require more structured processes for tracking stock levels, monitoring product movement, and managing multi-location inventory environments. Core capabilities of Lecxa include: Real-time inventory tracking that updates stock levels as products are received, sold, or transferred between locations Multi-location inventory management for businesses operating across warehouses, distribution centers, or retail locations Purchase order and sales order management to coordinate incoming and outgoing inventory transactions Barcode-enabled workflows that support receiving, picking, and stock adjustments in warehouse environments Inventory reporting and analytics that provide insight into stock levels, product movement, and reorder requirements Lecxa is used by organizations that need improved visibility into inventory operations and a structured system for managing stock-related processes. By centralizing inventory data and operational workflows, the platform supports inventory accuracy, operational coordination, and inventory planning across multiple business functions.

#### Who Is the Company Behind Lecxa Inventory Software?

- **Seller:** [Lecxa](https://www.g2.com/sellers/lecxa)
- **HQ Location:** Sydney, AU
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=a8fe4b907e53c1dcd7ec7fe82afbd5246a91b05130177da3a857fb9a4cab57f8&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Flecxa%2F&secure%5Burl_type%5D=linkedin_company_website)  
3 employees on LinkedIn®

### [Lesstock](https://www.g2.com/products/lesstock/reviews)

Lesstock is a cloud-based Inventory Management Software for Small Medium Size businesses.

#### Who Is the Company Behind Lesstock?

- **Seller:** [Lesstock](https://www.g2.com/sellers/lesstock)
- **Year Founded:** 2023
- **Twitter:** @lesstockdotcom  
3 Twitter followers
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=62d467805d47adaeaab6ba07e8dd604986fdde9926719eab1fece44e5633dbdc&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Flesstock%2Fabout%2F&secure%5Burl_type%5D=linkedin_company_website)  
1 employees on LinkedIn®

### [LocatorX](https://www.g2.com/products/locatorx/reviews)

LocatorX is a blockchain-enabled platform that automates inventory processes within your warehouse or stockroom.

#### Who Is the Company Behind LocatorX?

- **Seller:** [LOCATORX](https://www.g2.com/sellers/locatorx)
- **Year Founded:** 2014
- **HQ Location:** Kissimmee, US
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=f2cd3a0caab5d795bcfc6f75a2bc20318202f21d654278aac6f8e62fb0fd4dde&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Flocatorx%2F&secure%5Burl_type%5D=linkedin_company_website)  
28 employees on LinkedIn®

### [Log-Net](https://www.g2.com/products/log-net/reviews)

LOG-NET, Inc is the world's leading global supply chain cloud platform. LOG-NET provides a Logistics Platform As A Service (PaaS) to many of the world's leading importers, exporters and logistics providers.

#### Who Is the Company Behind Log-Net?

- **Seller:** [Log-Net](https://www.g2.com/sellers/log-net)
- **Year Founded:** 1991
- **HQ Location:** Tinton Falls, US
- **Twitter:** @LOG\_NET  
310 Twitter followers
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=37eb8420d94669b5727061a4af663a1e013542ebe764fa1568e0d451b9750787&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2F82651&secure%5Burl_type%5D=linkedin_company_website)  
52 employees on LinkedIn®

- [&lsaquo; Prev‹ Prev](/categories/inventory-control-software?order=g2_score&page=27&post_lead_product=redbeam-inventory-control#product-list)
- [1](/categories/inventory-control-software?order=g2_score&post_lead_product=redbeam-inventory-control#product-list)
- [2](/categories/inventory-control-software?order=g2_score&page=2&post_lead_product=redbeam-inventory-control#product-list)
- …
- [24](/categories/inventory-control-software?order=g2_score&page=24&post_lead_product=redbeam-inventory-control#product-list)
- [25](/categories/inventory-control-software?order=g2_score&page=25&post_lead_product=redbeam-inventory-control#product-list)
- [26](/categories/inventory-control-software?order=g2_score&page=26&post_lead_product=redbeam-inventory-control#product-list)
- [27](/categories/inventory-control-software?order=g2_score&page=27&post_lead_product=redbeam-inventory-control#product-list)
- 28
- [29](/categories/inventory-control-software?order=g2_score&page=29&post_lead_product=redbeam-inventory-control#product-list)
- [30](/categories/inventory-control-software?order=g2_score&page=30&post_lead_product=redbeam-inventory-control#product-list)
- [31](/categories/inventory-control-software?order=g2_score&page=31&post_lead_product=redbeam-inventory-control#product-list)
- [32](/categories/inventory-control-software?order=g2_score&page=32&post_lead_product=redbeam-inventory-control#product-list)
- …
- [38](/categories/inventory-control-software?order=g2_score&page=38&post_lead_product=redbeam-inventory-control#product-list)
- [39](/categories/inventory-control-software?order=g2_score&page=39&post_lead_product=redbeam-inventory-control#product-list)
- [Next &rsaquo;Next ›](/categories/inventory-control-software?order=g2_score&page=29&post_lead_product=redbeam-inventory-control#product-list)

Spotlight Categories

[Restaurant POS Systems](https://www.g2.com/categories/restaurant-pos)

[Operational Risk Management Software](https://www.g2.com/categories/operational-risk-management)

[Contact Center Software](https://www.g2.com/categories/contact-center)

[Sales Intelligence Software](https://www.g2.com/categories/sales-intelligence)

[Quality Management Systems (QMS)](https://www.g2.com/categories/quality-management-qms)

Similar Categories

- [Warehouse Management](/categories/warehouse-management)
- [Barcode](/categories/barcode)

- [Label Printing](/categories/label-printing)
- [RFID](/categories/rfid)

- [Shipping Insurance](/categories/shipping-insurance)
- [Warehouse Automation](/categories/warehouse-automation)

[Browse Inventory Control Themes](/categories/inventory-control-software/themes)

 ![Daniel Rivera](/assets/transparent-ad5be28fbcd25b7b08d2cebe1d957125437fb5407d75ee717965ad22c8808791.gif "Daniel Rivera")
DR

Researched and written by [Daniel Rivera](https://research.g2.com/insights/author/daniel-rivera)

Updated March 5, 2025

Inventory control software manages businesses’ physical inventory by providing real-time insight into the amount of each product they have on hand and available. Inventory control software is used to manage many aspects of a business, from purchasing and vendor evaluation to demand prediction and order optimization.

The [best inventory control software](https://learn.g2.com/best-inventory-control-software) is vital to keeping a production-focused business running smoothly, as its feature set is varied and its capabilities comprehensive. These features include inventory forecasting, asset tracking, inventory databases, stock history records, and more.

Proper inventory control has the potential to influence every aspect of a business—from providing up-to-date product information with the goal of aiding sales teams, to arming you with the necessary information to positively change business processes that are lagging behind. Inventory control software can offer businesses insight into production and shipping bottlenecks, which they can then leverage to improve those processes.

Inventory control software often contains [warehouse management](https://www.g2.com/categories/warehouse-management) and [barcode](https://www.g2.com/categories/barcode) features to provide users with a complete inventory management solution. Inventory control solutions that do not include a full complement of inventory management tools will often integrate with warehouse management, barcode, and [accounting software](https://www.g2.com/categories/accounting).

To qualify for inclusion in the Inventory Control category, a product must:

- Contain a centralized inventory database
- Use barcode or RFID technology to track assets
- Provide inventory forecasting tools

Show More

* * *

## How Do You Choose the Right Inventory Control Software?

### What You Should Know About Inventory Control Software

### What is Inventory Control Software?

Inventory control software optimizes the economic order quantity (EOQ) of businesses. The EOQ is the optimal inventory a business should purchase to minimize the cost of ordering and holding. This type of software helps regulate inventory stored in the warehouse, understand how to maximize inventory layout, and ensure there’s enough product to sell at every point.&nbsp;&nbsp;

Inventory control software falls under the overarching category of inventory management, which also includes software that helps organize warehouses, scan barcodes, and print shipping labels. Inventory, or stock control solutions, automate the order fulfillment and shipping process, thus allowing vendors to instead focus on maximizing their inventory levels.

The ultimate goal of managing stock levels is to eliminate any inefficiencies that may incur economic costs on vendors or cause inconveniences for consumers. Effective stock control gives businesses a competitive advantage to streamline a speedy shipping process. For businesses with perishable inventory, managing inventory is particularly important to prevent spoilage with the implementation of a first-in, first-out policy. In addition, these solutions prevent the accumulation of dead stock&nbsp;(or unsellable inventory) and excessive amounts of a product that may not ever be sold.

#### **What Types of Inventory Control Software Exist?**

**Barcode inventory systems**

Barcode inventory systems update inventory levels in real time at the point of sale when workers scan an item. With barcode technology, inventory managers can eliminate time-consuming data errors that occur frequently with manual or paper systems for inventory counts.

**Radio-frequency identification (RFID) inventory systems**

RFID inventory systems use fixed tag readers for inventory tracking. Similar to barcode systems, RFID tags update inventory levels in real time when they are scanned. However, the difference between RFID and barcode systems is that with the former, multiple products can be counted simultaneously, while products can only be counted one at a time with barcode systems. While RFID technology systems might be pricier, they are dramatically faster than barcode scanning and can be very useful for managing large inventories.

### What are the Common Features of Inventory Control Softwares?

Below are key features of inventory control software that help replenish physical inventory in real time, eliminate inefficiencies, and optimize customer satisfaction:&nbsp;

**Barcodes:** Barcodes are an essential feature that can help maximize the efficiency of inventory management techniques. By labeling barcodes on every product, inventory managers can scan a product, which automatically categorizes the product and accounts for it in the inventory. The other option is manually counting each product, which is not only time consuming but can also result in human errors.

**Automated ordering:** Inventory management systems can automatically detect when a particular product is running low on stock and will instantly update the product quantity for the inventory. As a result, the software will prompt reordering of new stock. This can help businesses maintain the right inventory and respond to customer needs if a particular product is in high demand.

**Order management:** Retailers can manage all of their sales and purchases from within the software. This allows retailers to create packages and shipments, and can even send delivery updates to customers through the software.

**Reporting:** Inventory control software can provide businesses with reports on which products are the most profitable, how quickly workers are stocking products, and how often purchase orders are being fulfilled on time. These reports can point to any inefficiencies in the warehouse or supply chain.

**Forecasting:** Proper management of inventory levels helps forecast when products will be going out of stock and when there is an abundance. Proper forecasting metrics allow for efficient spending of a company’s resources.

**Serial number tracking:** Serial number tracking allows inventory managers to attach a code to each product and monitor its movement from the point of purchase up until the time of sale. If orders are delayed or a customer would like to find out where their shipment is, this feature can give them insight and reassurance that the shipment is on its way.

**Product kitting:** Product kitting is the process of bundling separate inventory items into one package. Inventory control software can help identify each item that needs to be packaged together to form the bundle and assign those packaged kits in a central location within the warehouse. This saves warehouse workers plenty of time by not having to walk around to different areas of the warehouse to package these items together.

**Cloud-based inventory management:** Cloud-based inventory management is a way of tracking inventory through a web browser. A stock system that can be managed through the cloud allows businesses to access inventory on any device. Real-time access to the amount of inventory enhances coordination among staff for quick and smart business decisions.

**Internet of things (IoT) integrations:** The connection of consumer devices with manufacturing machines helps supply chains excel. Inventory control software enables firms to generate insights, business intelligence, and cost-effective strategies. For example, IoT devices can be put on actual inventory or RFID labels.

**Machine learning and artificial intelligence (AI):** E-commerce chatbots share the availability of products to shoppers. These virtual agents use algorithms to inform customers of stock shortages and recommend other products based on their carts.&nbsp;&nbsp;

### What are the Benefits of Inventory Control Software?&nbsp;

Inventory control software improves the management of current inventory and eliminates any major inefficiencies in the supply chain. By accurately accounting for every product, businesses can lower costs, speed up fulfillment, and improve the overall production.

**Optimize inventory levels at all times:** Having excess stock costs companies a hefty sum. Warehouses can combat this issue by using inventory management software to only purchase products when they are in high demand. The alternative option is using manual labor to count each product and use conjecture on whether more stock should be ordered.

**Track inventory numbers accurately:** Real-time updates of inventory levels allow for more precise reports on available stock. Barcode scanning and RFID systems make this process seamless.

**Fulfill orders on time to increase customer satisfaction:** Issues such as inaccurate inventory records can cause higher lead times, which result in slower response to demand. Once this happens, stock inventory runs out and customers cannot place orders. This may cause customer disapproval and even a loss of business. Inventory control software will eliminate this issue by automatically alerting inventory managers when stock is running low, as well as automatically restocking these products. Therefore, shorter lead times will get more customers their products on time and increase overall customer approval.

**Identify sales and losses by tracking sales patterns:** Tracking stock is one of the best ways to keep track of sales patterns. This software provides an overview of which products are in high demand and which products are not selling as well. This will allow businesses to respond to customer demand by supplying more items that are frequently purchased and potentially discontinuing items that are hurting the business’ bottom line.

### Who Uses Inventory Control Software?

**Retailers:** Retailers use inventory control software to categorize products, import item barcodes, and manage item price points across their inventory. Managing product levels will also provide retailers with analytics on which products are performing well and are in high demand. These analytics will alert retailers to autofill orders on items that are selling quickly so the product is always in stock. Additionally, if a product is overstocked at another retail outlet, the software can suggest stock transfers so each outlet can have a more balanced inventory level.

**Manufacturers:** Inventory control is a critical tool for day-to-day operations in the manufacturing industry. When a customer orders a bulk shipment of a certain product, the manufacturers must assess whether they have enough raw materials in stock to complete the order. Oftentimes, these orders consist of a variety of raw materials that the manufacturer must combine to create one final product. An order might require the manufacturer to obtain more stock from a variety of other suppliers so it can be completed.&nbsp;

Historically, manufacturers would take stock by spreadsheets, which was a very rudimentary system often prone to error. With specialized software, however, each item has a barcode attached to it that is linked to the software. The manufacturer can then accurately assess if they have enough material, track orders from suppliers, and fulfill orders in a more timely manner.

**E-commerce sellers:** Stock control is important for businesses that sell products through online marketplaces. E-commerce sellers especially use software to handle returns, automate re-stocking, shipping, and virtual stock inventory.

**Wholesale distributors:** Wholesalers who use online distribution channels use stock control software to track bulk inventory, manage suppliers and customers, and automate the fulfillment process. Wholesalers frequently use software features such as kitting, sales order and warehouse fulfillment, lot tracking for perishable products, and bin management.

#### Software Related to Inventory Control Software

Related solutions that can be used together with inventory control software include:

[Enterprise resource planning (ERP) software](https://www.g2.com/categories/erp) **:** Integrating inventory control software with an ERP system is key to maximizing its potential. Integration between these two systems will allow managers to see all data that relates to manufacturing, supply chain, and shipping all in one place. This will ultimately lead to more visibility of how business processes are connected.

[Accounting software](https://www.g2.com/categories/accounting) **:** Integrating inventory management software with [accounting software](https://www.g2.com/categories/accounting) will allow businesses to accurately present inventory in financial reports. Important documents such as tax returns can then accurately reflect inventory value. If the stated assets from the warehouse don’t match with bookkeeping, then the company can get audited. The best way to maintain the financial integrity of a warehouse is by integrating inventory control system with accounting software.

[Warehouse management software](https://www.g2.com/categories/warehouse-management) **:** Insight into the daily operations of a business’ warehouse is provided through warehouse management software. Such visibility includes monitoring the movement of products between warehouses to improve shipping and handling procedures.

[Barcode software](https://www.g2.com/categories/barcode) **:** Barcodes are the building blocks of the shipment process, so barcode software is necessary to print unique codes for each product. Each country and company may mandate different barcode styles, and software dedicated to this service will allow customizable styles for identifying labels.

[Label printing software](https://www.g2.com/categories/label-printing) **:** Labels are a logistical necessity for the fulfillment process. Label printing software help businesses print unique labels for products to ensure an accurate transfer of products during the shipping process.

[E-commerce Platforms:](https://www.g2.com/categories/e-commerce-platforms) Integrating inventory control software with a business’s [e-commerce platform](https://www.g2.com/categories/e-commerce-platforms) is critical for keeping track of inventory. Without it, managers must instead manually track orders on their e-commerce platform and then adjust the stock in a spreadsheet. When these two are integrated, every sale made online will automatically be reflected in the inventory management software. The result is more visibility and accuracy, which will translate to fewer inventory errors.

### Challenges with Inventory Control Software

No software is free of challenges, and inventory control products come with their own set of difficulties.&nbsp;

**Lack of supply chain functionality:** Some systems are scaled down in comparison to ERP or other supply chain systems. Inventory control software can lack support when it comes to functions such as procurement and route optimization. In this sense, most stock-level software will need additional integrations to make it a more complete tool that can assist with managing the supply chain. Users should be aware of this before purchasing this software.

**Complexity:** Learning how to operate this software can take countless hours of training. While some functions are more intuitive than others, it will still take specialized training and patience to master functions like RFID tracking and product kitting.

### Which Companies Should Buy Inventory Control Software?

**Food distributors:** When perishable goods are a staple of a business’ product portfolio, inventory management is crucial to prevent the spoilage of goods. First-in, first-out policies allow food at risk for expiration to be sold before other products.&nbsp;

**E-commerce:** Online retailers rely heavily on inventory control since the purchase of goods occurs exclusively on the internet. Real-time updates in inventory are necessary to prevent sellouts, transactions for products that aren’t actually in stock, and to alert customers of low stock thresholds. Automated inventory management allows for instantaneous updates in stock levels to ensure smooth, reliable functioning of business processes.&nbsp;

**Consumer goods:** For physical retailers of consumer packaged goods, stock control is needed when there are seasonal products that can complicate the process of forecasting. Effective inventory management software helps simplify this process and provide more accurate predictions.

### How to Buy Inventory Control Software

#### Requirements Gathering (RFI/RFP) for Inventory Control Software

When searching for the right inventory control software, it’s important to create a long list based on products that contain some of the most necessary features for a functioning stock management system. After the available pool has been segmented based on crucial features, one can then sort based on nice-to-haves, bells and whistles, and industry-specific software requirements.

#### Compare Inventory Control Software Products

**Create a long list**

In order to create a long list, buyers must ensure the products being considered meet these core criteria:

- The software is compatible with one’s technology and computer programs
- The system should easily import and export data to be used for ordering and accounting software, i.e., if a business uses spreadsheets, it should be able to export data in a .csv or .xlsx format
- The availability of the “reorder point” feature that triggers automatic reordering when inventories hit a certain threshold
- A perpetual updating system for small manufacturers
- Options for RFID or barcode labeling

**Create a short list**

Once a long list based on core features is created, a short list should be further narrowed based on industry-specific necessities, nice-to-haves, and bells and whistles. The below features address mandatory features unique to certain businesses and simplify the process of shipping with advanced technological features:

- Software compatible with a first-in, first-out system for sellers of perishable products&nbsp;
- Intuitive interface
- Machine learning and AI
- Configurability
- Cloud infrastructure
- Dropshipping

**Conduct demos**

Buyers must schedule calls with the vendors on the short list to ensure their product is the right fit. The most foolproof way to make the right decision is to actually test out the software. It is important to ask vendors about how their product addresses the business’ most pressing needs.

#### Selection of Inventory Control Software

**Choose a selection team**

Vendors will be bringing their strongest team to seal the deal with a potential client. Therefore, it’s important to come to the negotiation process with questions and directives on certain key considerations. These include procurement, legal and contracts, internal business needs, application development, finance and accounting, and information security. Buyers must ask questions about the total costs and fees associated with purchasing, implementing, and using the product. In order to prevent surprises later, it is crucial to ensure the terms and conditions are read in full and discussed.

**Negotiation**

During the negotiation process, the buyer will need a clear understanding of user seating pricing and fees associated with hosting, upgrades, support and maintenance, and training staff on how to use the software. In addition, a forecast on the cost of maintaining the inventory management system across multiple years will be needed. The goal of this process is to receive all the information needed on pricing and features to assist in the final decision.

**Final decision**

It could be useful to create a scoring template that measures the various features mentioned in the long and short list, as well as notes from calls between the sales organization and vendor.

### What Does Inventory Control Software Cost?

This category of software costs on average about $100 per month. A basic or frills-free option is often available at a much lower cost, but the necessary features to help run an efficient business may be lacking.

#### Return on Investment (ROI)

ROI measures the time it takes for an investment to pay off and, more importantly, lead to maximization of business revenue. Several factors help determine the ROI for inventory control software. When narrowing down the short list to make the final choice, the following factors should be quantified into concrete numbers to make the best decision:

- Labor savings
- Vehicle savings
- Inventory reductions
- Lower shipping costs
- Fewer customer chargebacks
- Less need for storage facilities (and the accompanying cost of maintaining these facilities)
- Increased resources for focusing on business growth
- Increased customer satisfaction

According to G2 data from August 25, 2021, ROI tends to be achieved in the following increments for this category.

- Within 6 months, 52.8% achieved ROI
- Within 7 to 12 months, another 24.19% achieved ROI
- Within 13 to 24 months, another 11.21% achieved ROI
- Overall, almost all respondents reported achieving ROI within 48 months

### Implementation of Inventory Control Software

**How is Inventory Control Software Implemented?**

Before implementing the inventory management system, it’s important to have a strong, existing process of inventory management. Once that process is codified, buyers must work with the new vendor to train personnel on utilizing the new software. Staff buy-in on the product is essential for a smooth transition that reduces human error.

**Who is Responsible for Inventory Control Software Implementation?**

Subject matter experts from the vendor will assist in the process of implementing the new software, as well as team leaders and IT personnel who participated in the purchasing process.

**What Does the Implementation Process Look Like for Inventory Control Software?**

G2 data from August 25, 2021 shows a general timetable upon which the implementation of this type of software occurs:

- 67.3% of businesses report implementation in less than a month
- 18.3% report implementation within three months
- 6.4% report implementation within six months
- 4.4% report implementation within 12 months

### Inventory Control Software Trends

**Big data analytics**

E-commerce sites have huge volumes of data that are relatively unstructured and underused by inventory managers. Shoppers’ behavior can help forecast customer demand and reveal more hidden patterns that can be useful for inventory managers. With big data analytics, inventory managers can structure this data and make it more applicable to use cases when managing stock levels. More integration of big data analytics with inventory control software can be expected in the future.