# Best Inventory Control Software - Page 21 *By [Daniel Rivera](https://research.g2.com/insights/author/daniel-rivera)* 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 ## Top Inventory Control Software at a Glance | # | Product | Rating | Best For | What Users Say | |---|---------|--------|----------|----------------| | 1 | [Xero](https://www.g2.com/products/xero/reviews) | 4.4/5.0 (1,664 reviews) | COGS visibility via integrated inventory app feeds | "[Intuitive UI and Seamless Integrations That Streamline Our Workflow](https://www.g2.com/survey_responses/xero-review-13100002)" | | 2 | [QuickBooks Online](https://www.g2.com/products/quickbooks-online/reviews) | 4.0/5.0 (3,750 reviews) | Accounting-native inventory tracking with financial record sync | "[QB Online Lets Me Work Anywhere, Anytime](https://www.g2.com/survey_responses/quickbooks-online-review-12994640)" | | 3 | [ShipHero](https://www.g2.com/products/shiphero/reviews) | 4.5/5.0 (210 reviews) | Scan-based 3PL fulfillment with Shopify sync | "[ShipHero: Streamlined, Customizable, and Efficient](https://www.g2.com/survey_responses/shiphero-review-12973951)" | | 4 | [Katana Cloud Inventory](https://www.g2.com/products/katana-cloud-inventory/reviews) | 4.4/5.0 (117 reviews) | Manufacturing inventory with multi-level BOMs | "[Always new ways to connect systems together](https://www.g2.com/survey_responses/katana-cloud-inventory-review-6546154)" | | 5 | [SAP Integrated Business Planning](https://www.g2.com/products/sap-integrated-business-planning/reviews) | 4.3/5.0 (213 reviews) | SAP-integrated demand-supply-inventory planning with scenario modeling | "[SAP IBP Makes Planning Changes Easy with Visual Scenario Insights](https://www.g2.com/survey_responses/sap-integrated-business-planning-review-12326217)" | | 6 | [Unicommerce](https://www.g2.com/products/unicommerce/reviews) | 4.5/5.0 (79 reviews) | Multi-channel inventory sync across marketplaces | "[Streamlined E-Commerce Operations with Unicommerce](https://www.g2.com/survey_responses/unicommerce-review-12713263)" | | 7 | [TallyPrime](https://www.g2.com/products/tallyprime/reviews) | 4.5/5.0 (286 reviews) | Stock-and-compliance inventory with GST-integrated invoicing | "[Reliable Accounting Software for Daily Accounting, GST Compliance, and Financial Reporting](https://www.g2.com/survey_responses/tallyprime-review-12953673)" | | 8 | [Increff WMS](https://www.g2.com/products/increff-wms/reviews) | 4.7/5.0 (111 reviews) | Unit-level inventory tracking across omnichannel fulfillment | "[Clean UI and Smooth ERP Integrations That Streamline Warehouse Operations](https://www.g2.com/survey_responses/increff-wms-review-13058892)" | | 9 | [Cin7 Core](https://www.g2.com/products/cin7-core/reviews) | 4.2/5.0 (333 reviews) | Multi-warehouse inventory tracking with BOM costing | "[Full-Featured, Intuitive UI with Strong Integrations and Responsive Support](https://www.g2.com/survey_responses/cin7-core-review-12952777)" | | 10 | [RF- SMART WMS](https://www.g2.com/products/rf-smart-wms/reviews) | 4.4/5.0 (78 reviews) | — | "[Native NetSuite WMS with Stronger Inventory Control via License Plating](https://www.g2.com/survey_responses/rf-smart-wms-review-12895832)" | ## 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=59587&focus%5B%5D=39388&focus%5B%5D=4364&focus%5B%5D=128358) Highlighted products: Xero, QuickBooks Online, ShipHero, Katana Cloud Inventory, SAP Integrated Business Planning, TallyPrime, 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=sap-integrated-business-planning&focus%5B%5D=tallyprime&focus%5B%5D=unicommerce&focus%5B%5D=increff-wms) ## How Many Inventory Control Software Products Does G2 Track? **Total Products under this Category:** 567 ### Category Stats (Jul 2026) - **Average Rating**: 4.3/5 The average rating of products in this category, based on all submitted ratings - **Top Trending Product**: Aptean Food & Beverage ERP (+1.64%) - Among all products in this category, Aptean Food & Beverage ERP recorded the largest rating increase compared to last month *Last updated: July 14, 2026* ## How Does G2 Rank Inventory Control Software Products? **Why You Can Trust G2's Software Rankings:** - 30 Analysts and Data Experts - 13,400+ Authentic Reviews - 567+ 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. ## Which Inventory Control Software Is Best for Your Use Case? - **Leader:** [Xero](https://www.g2.com/products/xero/reviews) - **Highest Performer:** [Streamline](https://www.g2.com/products/gmdh-streamline/reviews) - **Easiest to Use:** [Xero](https://www.g2.com/products/xero/reviews) - **Top Trending:** [StockIQ](https://www.g2.com/products/stockiq/reviews) - **Best Free Software:** [QuickBooks Online](https://www.g2.com/products/quickbooks-online/reviews) --- **Sponsored** ### SAP Integrated Business Planning Respond to new market expectations with real-time supply chain planning capabilities and fulfill future demand profitably supply chain management. Powered by in-memory computing technology within SAP HANA, this cloud-based solution combines capabilities for sales and operations; demand, response, and supply planning; and inventory optimization. - Cloud deployment - Real-time scenarios and simulation - Social collaboration - Powerful predictive Analytics KEY BENEFITS: Achieve a rapid deployment Get up and running quickly with SAP Integrated Business Planning by using preconfigured process templates for an accelerated implementation. Empower employees with intuitive features Offer a unified, intuitive user experience with SAP Fiori and planning and simulation capabilities based on Microsoft Excel. Plan resources effectively Optimize resource efficiency by creating supply plans based on prioritized demands, allocations, and supply chain constraints. KEY CAPABILITIES: Integration with SAP Supply Chain Control Tower Gain end-to-end visibility of your supply chain, decision support, and fast corrective action through integration with SAP Supply Chain Control Tower. Forecasting and demand management Get full demand transparency with short-term, mid-term, and long-term forecasting. Take advantage of best-in-class capabilities for demand sensing and statistical forecasting. Inventory optimization Establish optimal inventory targets that enable you to maximize profits, while leaving a buffer to help you meet unexpected demand. Sales and operations planning Deliver a cross-departmental sales and operations plan that balances inventory, service levels, and profitability. Response and supply planning Optimize resourcing efficiency by creating supply plans based on prioritized demands, allocations, and supply chain constraints. [Visit website](https://www.g2.com/external_clickthroughs/record?secure%5Bad_program%5D=paid_promo&secure%5Bad_slot%5D=category_product_list&secure%5Bcategory_id%5D=656&secure%5Bchosen_at%5D=2026-07-14T19%3A54%3A09Z&secure%5Bmedium%5D=sponsored&secure%5Bprioritized%5D=false&secure%5Bproduct_id%5D=59587&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&secure%5Btoken%5D=cc361a14b44faafcd30ad7e0c73c6fce123b9edb1af675cf811ef8852d33ecea&secure%5Burl%5D=https%3A%2F%2Fwww.sap.com%2Fproducts%2Fscm%2Fintegrated-business-planning.html&secure%5Burl_type%5D=paid_promos) --- ## What Are the Top-Rated Inventory Control Software Products in 2026? ### 1. [Sonaria RFID Inventory Tracking](https://www.g2.com/products/sonaria-rfid-inventory-tracking/reviews) Sonaria RFID Inventory Tracking by Lowry Solutions is a top-notch RFID Inventory System that revolutionizes asset management. With seamless integration and real-time tracking, it optimizes efficiency, reduces errors, and enhances overall control, ensuring a streamlined and accurate inventory management experience. **Who Is the Company Behind Sonaria RFID Inventory Tracking?** - **Seller:** [Lowry Solutions](https://www.g2.com/sellers/lowry-solutions) - **Year Founded:** 1974 - **HQ Location:** N/A - **Twitter:** @lowrysolutions (845 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/lowry-solutions/ (108 employees on LinkedIn®) ### 2. [Spire](https://www.g2.com/products/spire-systems-inc-spire/reviews) Spire is an accounting and business management software designed to meet the needs of inventory driven businesses who are outgrowing their entry-level software. Spire is an ERP software made with the small to medium sized business in mind. Robust software at an affordable price. **Who Is the Company Behind Spire?** - **Seller:** [Spire Systems](https://www.g2.com/sellers/spire-systems) - **LinkedIn® Page:** https://www.linkedin.com/company/spire-systems-inc- ### 3. [Spoiler Alert](https://www.g2.com/products/spoiler-alert/reviews) Spoiler Alert is the leading B2B liquidation and discounting platform for CPG, wholesale and retail trading partners — helping brands and distributors convert excess, slow-moving or at-risk inventory into cash, while enabling off-price and value-retailers to source top-tier brands through a digitally-powered network. Built for the fast‐moving goods ecosystem (including beauty & cosmetics, frozen & prepared, dry grocery, household essentials, bulk & food service, health & personal care) the platform automates listings, pricing, logistics, and buyer matching — driving faster speed‐to‐market, higher discount revenue growth and expanded sales channels. From initial setup and strategy to intelligence and continuous optimization, Spoiler Alert enables margin recovery, inventory liquidation, and smarter supply-chain redistribution. For suppliers: A fully-integrated solution that feeds on nearly $5 billion of transaction volume, enabling autonomous discounting workflows, curated off-price buyer networks, real-time analytics on shelf life, holding cost and margin impact, so you can reduce waste, dodge costly obsolescence, boost sell-through and meet sustainability goals — Rescue. Redistribute. Repeat. For buyers: Direct access to some of the world’s most coveted CPG brands — at compelling prices for building treasure-hunt assortments that delight consumers. Our modern, transparent platform replaces endless email chains and manual negotiations with automated discovery, pricing intelligence and freight-optimized execution. Trusted by industry leaders including Unilever, Kraft Heinz, PepsiCo, KeHE Distributors, Dot Foods, CVS Health, Grocery Outlet, Ollie’s and more, Spoiler Alert was founded by MIT alumni to transform the secondary market for excess inventory — delivering profitability, agility, and positive environmental impact all in one solution. **Who Is the Company Behind Spoiler Alert?** - **Seller:** [Spoiler Alert](https://www.g2.com/sellers/spoiler-alert) - **Year Founded:** 2015 - **HQ Location:** Boston, US - **LinkedIn® Page:** https://www.linkedin.com/company/spoiler-alert/ (50 employees on LinkedIn®) ### 4. [Squarify Sync](https://www.g2.com/products/squarify-sync/reviews) Squarify is a light-weight web app that syncs product details and inventory totals between Shopify and Square. **Who Is the Company Behind Squarify Sync?** - **Seller:** [Squarify](https://www.g2.com/sellers/squarify) - **HQ Location:** Toronto, Canada - **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®) ### 5. [Stalco](https://www.g2.com/products/stalco/reviews) With Stalco, your products will reach your Canadian customers in a matter of days without customs delays or surprise charges for duty and taxes. **Who Is the Company Behind Stalco?** - **Seller:** [Stalco](https://www.g2.com/sellers/stalco) - **Year Founded:** 1994 - **HQ Location:** Toronto, CA - **Twitter:** @StalcoCanada (61 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/stalco-inc (59 employees on LinkedIn®) ### 6. [Standvast](https://www.g2.com/products/standvast/reviews) Founded in 2017, Standvast is a ground-breaking fulfillment and supply chain technology services company headquartered in the metropolitan Washington, DC area. Led by some of the industry’s top professionals, Standvast is shaping the future of order fulfillment by augmenting or replacing pieces or the whole of customers’ existing solutions with innovative technology and fulfillment services. Through our shared services model We want to help democratize the supply chain to help you put your brand on an equal footing with the bigger players creating a similar seismic shift in the US supply chain. **Average Rating:** 5.0/5.0 **Total Reviews:** 1 **How Do G2 Users Rate Standvast?** - **Has the product been a good partner in doing business?:** 10.0/10 (Category avg: 8.9/10) - **Data Exporting / Importing:** 10.0/10 (Category avg: 8.3/10) **Who Is the Company Behind Standvast?** - **Seller:** [Standvast](https://www.g2.com/sellers/standvast) - **Year Founded:** 2017 - **HQ Location:** Washington, US - **LinkedIn® Page:** https://www.linkedin.com/company/standvast (74 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 100% Mid-Market #### What Are Recent G2 Reviews of Standvast? **"[Dependable](https://www.g2.com/survey_responses/standvast-review-9733440)"** **Rating:** 5.0/5.0 stars *— Verified User in Logistics and Supply Chain* [Read full review](https://www.g2.com/survey_responses/standvast-review-9733440) --- ### 7. [Star-Link](https://www.g2.com/products/star-link/reviews) Star-Link is a comprehensive multi-store point-of-sale (POS software solution designed to empower retailers with centralized control over their chain operations. By providing real-time data processing and flexible web-based reporting, Star-Link enables businesses to manage products, pricing, promotions, and inventory seamlessly across multiple locations. This enterprise management system offers 360-degree visibility, allowing retailers to respond swiftly to sales trends and customer behaviors, thereby enhancing operational efficiency and strategic decision-making. Key Features and Functionality: - Executive Dashboard Management: Offers a centralized platform to oversee all store operations, providing high-level insights into key performance indicators (KPIs for informed decision-making. - Centralized Product, Price, and Promotion Management: Ensures consistency across all stores by allowing head office to create and manage products, set pricing, and coordinate promotions from a single location. - Real-Time Data Processing: Delivers up-to-the-minute information on transactions, sales, inventory, and promotions, enabling quick adaptation to market changes and supply chain disruptions. - Multi-Store Inventory Reporting: Provides a variety of reports to monitor sales and inventory levels across all locations, facilitating efficient inventory management and identifying sales patterns. - Centralized Customer Loyalty Programs: Tracks and measures customer behavior and loyalty program effectiveness across the enterprise, allowing for targeted promotions and enhanced customer retention strategies. - Advanced Enterprise Security: Implements centralized employee security measures, including biometric authentication and encrypted data protection, to safeguard sensitive information and reduce risk. Primary Value and Problem Solved: Star-Link addresses the complexities of managing multiple retail locations by providing a unified system that centralizes control over critical business functions. It streamlines operations, enhances data accuracy, and improves responsiveness to market dynamics. By offering real-time insights and centralized management capabilities, Star-Link empowers retailers to make strategic decisions that drive growth, improve customer satisfaction, and maintain a competitive edge in the retail industry. **Who Is the Company Behind Star-Link?** - **Seller:** [Auto-Star Compusystems](https://www.g2.com/sellers/auto-star-compusystems) - **Year Founded:** 1982 - **HQ Location:** Medicine Hat, ca - **LinkedIn® Page:** https://www.linkedin.com/company/auto-star (28 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 100% Mid-Market #### What Are Recent G2 Reviews of Star-Link? **"[Great tool for all biometric punch related data](https://www.g2.com/survey_responses/star-link-review-8398100)"** **Rating:** 4.5/5.0 stars *— Ankit D.* [Read full review](https://www.g2.com/survey_responses/star-link-review-8398100) --- ### 8. [Statii](https://www.g2.com/products/statii/reviews) Statii is a Manufacturing Resource Planning (MRP) software solution designed to help small and mid-sized manufacturers manage quoting, production, inventory, scheduling, and job costing within a single system. Built for bespoke, make-to-order, and engineer-to-order manufacturing environments, Statii supports businesses where products are often customised, batch sizes are low, and production workflows vary from job to job. The software provides visibility across the full job lifecycle, from initial customer enquiry through to production completion and delivery. Statii is commonly used by engineering, fabrication, assembly, and subcontract manufacturing businesses that require clear control of work in progress, materials, capacity, and costs without the complexity of large enterprise ERP platforms. The platform replaces spreadsheets and disconnected tools with a centralised system that allows operational teams, production managers, and directors to access consistent, up-to-date information across the organisation. Core functionality includes: - Quoting and enquiries, allowing users to create structured quotes and convert them directly into live works orders - Works order management, providing visibility into job progress, materials, labour, and actual versus estimated costs - Inventory management, including real-time stock levels, valuation, part history, and traceability - Scheduling and capacity planning, enabling teams to plan workloads, identify bottlenecks, and adjust priorities - Reporting and dashboards, offering insight into job profitability, work in progress, and stock usage Statii is modular, allowing organisations to adopt the functionality they need and expand usage as operational requirements grow. This makes it suitable for businesses transitioning from manual processes as well as those replacing legacy systems. The software is typically used by operations managers, production planners, and business owners who require accurate, job-level information to support day-to-day decision-making and longer-term planning. By focusing on practical manufacturing workflows and traceability, Statii supports operational control, accountability, and data consistency across production and inventory-driven environments. **Who Is the Company Behind Statii?** - **Seller:** [Statii](https://www.g2.com/sellers/statii) - **Year Founded:** 2010 - **HQ Location:** Chesterfield, GB - **LinkedIn® Page:** https://www.linkedin.com/company/statii-ltd (6 employees on LinkedIn®) ### 9. [StockFlow](https://www.g2.com/products/stockflow/reviews) StockFlow Systems is an inventory management and supply chain optimization platform designed for enterprise scalability. The technical framework centralizes multi-channel inventory data, enabling real-time visibility into stock levels, order statuses, and logistics workflows. The primary objective of the system is the elimination of data silos that lead to operational inefficiencies such as stockouts, overstocking, and fulfillment delays. The architecture incorporates advanced Warehouse Management System (WMS) protocols, including SKU tracking, automated bin allocation, and barcode integration. These features facilitate precise inventory control within physical storage environments, reducing the margin for human error during the picking and packing processes. By utilizing automated replenishment logic, the software maintains optimal par levels based on demand forecasting algorithms and historical lead time data. Interoperability is a core component of the StockFlow Systems offering. The platform utilizes robust API connections to synchronize data between e-commerce storefronts, marketplaces, and third-party logistics (3PL) providers. This integration ensures that inventory records remain consistent across all sales channels, preventing overselling and maintaining brand reliability. Reporting and analytics modules provide granular insights into key performance indicators (KPIs) such as inventory turnover ratio, carrying costs, and order accuracy. These metrics allow for evidence-based decision-making regarding procurement strategies and vendor management. The system supports cycle counting and perpetual inventory auditing to ensure high-fidelity data across the organizational lifecycle. Operational efficiency is achieved through the automation of manual tasks within the supply chain. StockFlow Systems streamlines the transition from procurement to distribution, minimizing the time capital remains locked in static inventory. The software serves as the foundational layer for companies requiring rigorous asset management and scalable logistics infrastructure. Implementation of these systematic controls results in increased throughput and improved profit margins by reducing overhead associated with inefficient stock handling. **Who Is the Company Behind StockFlow?** - **Seller:** [Stockflow](https://www.g2.com/sellers/stockflow) - **HQ Location:** N/A - **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®) ### 10. [Stock & Load](https://www.g2.com/products/stock-load/reviews) Stock & Load is inventory management software built for service-based businesses with mobile teams. It helps contractors track inventory across warehouses and service vehicles, providing visibility into stock levels, parts usage, and inventory movement. The platform is designed for HVAC, plumbing, electrical, and general contracting teams that need to manage inventory across field operations without relying on spreadsheets or manual processes. **Who Is the Company Behind Stock & Load?** - **Seller:** [Stock & Load](https://www.g2.com/sellers/stock-load) - **HQ Location:** N/A - **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®) ### 11. [StockQuery](https://www.g2.com/products/stockquery/reviews) Basic Inventory Control Online keeps an accurate count of products in stock and generates list of products that need to be reordered. **Who Is the Company Behind StockQuery?** - **Seller:** [Microguru](https://www.g2.com/sellers/microguru) - **HQ Location:** N/A - **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®) ### 12. [Stock Register](https://www.g2.com/products/stock-register/reviews) Stock Register is a inventory & billing software to manage the inventory & sales of all stores & warehouses. Stock Register is designed for store wise inventory management, sales management, purchase management, order management, quotation management, delivery challan management. Key features - inventory level, inventory value, warehouse management, gst & non-gst invoice, sales order, purchase order, quotation, inventory reports, daily sales & profit, party receivable & payable, expense management **Who Is the Company Behind Stock Register?** - **Seller:** [Stock Register](https://www.g2.com/sellers/stock-register) - **Year Founded:** 2021 - **HQ Location:** Bangalore, IN - **LinkedIn® Page:** https://www.linkedin.com/company/stock-register/ (7 employees on LinkedIn®) ### 13. [Stockroom](https://www.g2.com/products/stockroom/reviews) Stockroom is the inventory and sales back office built for small businesses that have outgrown a spreadsheet — or Square's basic inventory — but don't want enterprise software. Everything runs off a single append-only stock ledger, so on-hand, weighted-average cost, COGS and margin are always reconciled. Buy smarter with supplier-aware purchase orders, landed cost and demand-based reordering. Keep true per-location stock and move it with a request/ship/receive transfer workflow. Print barcode labels and drive receiving, transfers and cycle-count audits with any USB scanner. Never oversell, with reservations and available-to-promise. Sell with partial payments, disciplined discounting and returns that restock at cost. Handle kits/bundles, units of measure, lot & expiry traceability, rentals, and a print-ready tax packet. Already on Square? Keep it for checkout and payments — Stockroom adds the depth Square can't, and a two-way sync keeps catalog, stock and sales in step. No double-charge for payments. Migrate your Square catalog, customers and sales in an afternoon, or import a CSV and run standalone. Free to start. No credit card. **Who Is the Company Behind Stockroom?** - **Seller:** [Stockroom](https://www.g2.com/sellers/stockroom) - **HQ Location:** N/A - **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®) ### 14. [StockSure](https://www.g2.com/products/stocksure/reviews) StockSure is inventory management built for clinics. Track stock levels, expiry dates, and product usage in real time. Built by a clinic Finance Director to solve real problems - expired products, stockouts, and CQC compliance gaps. Automated alerts for low stock and approaching expiry. Full audit trail for regulatory inspections. Used in production at a London aesthetics clinic for over a year. Free 14-day trial. **Who Is the Company Behind StockSure?** - **Seller:** [ALL SURE](https://www.g2.com/sellers/all-sure) - **HQ Location:** N/A - **LinkedIn® Page:** https://www.linkedin.com/company/stocksureapp/ (1 employees on LinkedIn®) ### 15. [StockTrim](https://www.g2.com/products/stocktrim/reviews) StockTrim is cloud-based demand forecasting and inventory planning software for SME's (retailers, manufacturers, wholesalers, distributors). Its based on smart technology including a proprietary machine learning (AI) algorithm that continually learns and re-adjusts demand models in real time Key Features include: Intuitive Order Plan /Detailed Demand Analysis / Manufacturing Features / Variable Lead Times / Multiple Locations Ability to Forecast New Products / Purchase Order Module. **Who Is the Company Behind StockTrim?** - **Seller:** [StockTrim](https://www.g2.com/sellers/stocktrim) - **Year Founded:** 2017 - **HQ Location:** Auckland, NZ - **LinkedIn® Page:** https://www.linkedin.com/company/stock-trim/ (11 employees on LinkedIn®) ### 16. [StockZip](https://www.g2.com/products/stockzip/reviews) StockZip is a simple, mobile-first inventory management software built for small businesses. Scan barcodes or QR codes to check items in and out, track stock, tools, parts, and supplies — all from your phone or a Bluetooth/rugged scanner. Features include offline mode with auto-sync, stock counts, custom fields, label printing, sales orders, purchase orders, invoices, pick lists, lot & serial tracking, a built-in POS/counter, and AskZoe AI for inventory questions. Trusted by 10,000+ businesses including field teams in construction, HVAC, plumbing, and electrical. Available with a free plan (no credit card required) and a 14-day free Pro trial. **Who Is the Company Behind StockZip?** - **Seller:** [StockZip](https://www.g2.com/sellers/stockzip) - **HQ Location:** N/A - **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®) ### 17. [Storimart](https://www.g2.com/products/storimart/reviews) Storimart is a comprehensive B2B order management software designed to streamline operations for manufacturers, distributors, suppliers, wholesalers, and sellers. By offering interactive web and mobile applications, Storimart enables businesses to accept and process orders online, enhancing operational efficiency and customer engagement. Key Features and Functionality: - B2B Order Management: Centralized system to collect, track, and manage orders, ensuring faster processing, reduced errors, and lower employee costs. - Inventory Management: Automated synchronization for real-time stock tracking, demand forecasting, and inventory optimization across multiple warehouses. - Customer Management System: Tools to manage customers effectively, provide real-time notifications, and track customer behavior, including tailored catalogs and credit tracking. - Analytics: Simplified dashboard offering insights into customer buying patterns, enabling personalized offerings. - Custom Branding: Options to build a custom-branded eCommerce store with a unique domain or white-label solution to enhance brand identity. - B2C Ordering Experience for Customers: Buyer app providing 24/7 ordering and status tracking, real-time product catalogs, and proactive customer support. Primary Value and Solutions Provided: Storimart addresses the complexities of wholesale and distribution businesses by digitalizing order management processes. It offers a seamless connection between sellers and buyers, reducing manual errors, improving order processing times, and enhancing customer satisfaction. The platform's comprehensive features support businesses in optimizing inventory, managing customer relationships, and gaining valuable insights through analytics, ultimately driving growth and operational excellence. **Who Is the Company Behind Storimart?** - **Seller:** [Subair Porora](https://www.g2.com/sellers/subair-porora) - **HQ Location:** Calicut , IN - **LinkedIn® Page:** https://www.linkedin.com/company/storimart-b2b (1 employees on LinkedIn®) ### 18. [Stripes Inventory Software](https://www.g2.com/products/stripes-inventory-software/reviews) What is Stripes? Stripes is a cloud-based inventory management solution that helps businesses conduct inventory counts efficiently, consistently, and transparently. The software supports barcode-based, item-level data capture for store inventories, warehouse counts, rollouts, and project-based inventories carried out by internal teams or external service providers. Designed with an ERP-independent architecture, Stripes integrates into existing processes through file-based data exchange, eliminating the need for complex system integration. Configurable workflows, user roles, master data, and counting rules allow organizations to adapt the solution to their operational requirements. Real-time dashboards provide visibility into inventory progress, data quality, and potential issues across multiple locations. Combined with optional rental scanners and supporting services, Stripes offers a scalable solution for businesses that need to manage inventories without long-term hardware investments. Benefits of Stripes Stripes helps organizations standardize inventory processes, reduce administrative effort, and improve transparency throughout the inventory process. Real-time monitoring, configurable workflows, and integrated reporting support quality assurance, enable early detection of inconsistencies, and provide a reliable basis for inventory analysis and decision-making. The solution can be scaled to support both individual projects and large, multi-location inventory operations. Highlights and Key Features Stripes provides cloud-based inventory management with barcode-based, item-level data capture and supports both online and offline operation. The platform enables centralized monitoring of inventory progress across multiple locations, offers exportable reports and analytics, and includes configurable workflows, user roles, and counting rules. Integrated quality assurance helps improve data accuracy, while optional rental scanners, training, and support services allow organizations to tailor the solution to their operational needs. Target Audience Stripes is designed for retailers and retail chains, franchise organizations, warehouse and logistics companies, inventory service providers, and small to medium-sized businesses that want to digitize inventory processes without requiring complex ERP integration. **Who Is the Company Behind Stripes Inventory Software?** - **Seller:** [Stripes by MLS Retail Software Solutions LTD](https://www.g2.com/sellers/stripes-by-mls-retail-software-solutions-ltd) - **HQ Location:** Nicosia, CY - **LinkedIn® Page:** https://www.linkedin.com/company/stripes-inventory-software (1 employees on LinkedIn®) ### 19. [Supply Chain Planning, S&OP / S&OE, Inventory and Distribution](https://www.g2.com/products/supply-chain-planning-s-op-s-oe-inventory-and-distribution/reviews) Datup.ai is a demand planning, inventory management, and supply chain optimization tool powered by artificial intelligence, designed to help companies improve forecasting accuracy, reduce stockouts and excess inventory, and streamline decision-making across supply chain operations **Average Rating:** 5.0/5.0 **Total Reviews:** 1 **Who Is the Company Behind Supply Chain Planning, S&OP / S&OE, Inventory and Distribution?** - **Seller:** [Datup](https://www.g2.com/sellers/datup) - **Year Founded:** 2019 - **HQ Location:** Bogotá, CO - **LinkedIn® Page:** https://www.linkedin.com/company/datup/ (24 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 100% Enterprise #### What Are Supply Chain Planning, S&OP / S&OE, Inventory and Distribution's Pros and Cons? **Pros:** - Business Efficiency (1 reviews) - Cost Efficiency (1 reviews) - Data Accuracy (1 reviews) - Demand Forecasting (1 reviews) - Efficiency Improvement (1 reviews) ### What Do G2 Reviewers Say About Supply Chain Planning, S&OP / S&OE, Inventory and Distribution? *AI-generated summary from verified user reviews* **Pros:** - Users value the **business efficiency** of the product, citing time reduction, cost savings, and improved demand planning accuracy. - Users benefit from **cost efficiency** through significant savings and improved accuracy in supply chain processes. - Users appreciate the **data accuracy** of Supply Chain Planning, leading to improved demand planning and operational efficiencies. - Users praise the **efficient demand forecasting** capabilities, noting significant time and cost savings in their planning processes. - Users highlight the **efficiency improvements** achieved with the product, noting significant time reductions and cost savings. #### What Are Recent G2 Reviews of Supply Chain Planning, S&OP / S&OE, Inventory and Distribution? **"[Absolute happiness and piece of mind](https://www.g2.com/survey_responses/supply-chain-planning-s-op-s-oe-inventory-and-distribution-review-11725902)"** **Rating:** 5.0/5.0 stars *— Verified User in Restaurants* [Read full review](https://www.g2.com/survey_responses/supply-chain-planning-s-op-s-oe-inventory-and-distribution-review-11725902) --- ### 20. [SURE! AR/AP/LAMA](https://www.g2.com/products/sure-ar-ap-lama/reviews) SURE! AR/AP/LAMA is an integrated enterprise solution developed by Balmori Software Inc., designed to streamline and automate key business operations, including Logistics, Accounting, Management Information Systems (MIS, and Administration. When combined with the SURE! General Ledger (GL module, it offers a comprehensive accounting system tailored to meet the dynamic needs of medium to large businesses, particularly those managing extensive inventories and multiple locations. Key Features and Functionality: - Accounts Receivable (A/R and Accounts Payable (A/P: Efficient tracking and management of receivables and payables, ensuring accurate financial records. - Invoicing and Cashiering: Streamlined processes for generating invoices and handling cashiering tasks, enhancing transaction efficiency. - Management Information Systems (MIS: Robust MIS capabilities provide detailed insights into business operations, facilitating informed decision-making. - Logistics Automation: Fully automated planning and execution of merchandise transfers and purchase order (PO generation, minimizing human intervention and expediting supply chain processes. - Integration with SURE! POS: Seamless two-way communication with the SURE! Point of Sale system allows for instantaneous updates of inventory levels and pricing information. Primary Value and User Solutions: SURE! AR/AP/LAMA addresses the complexities of managing extensive inventories and multiple business locations by automating critical processes, thereby reducing manual workload and the potential for errors. Its comprehensive suite of tools enables businesses to maintain just-in-time inventory, react swiftly to market changes, and enhance overall operational efficiency. This solution is particularly beneficial for medium to large enterprises, such as department stores, drugstore chains, grocery stores, convenience stores, and manufacturers, seeking to optimize their logistics and accounting operations. **Who Is the Company Behind SURE! AR/AP/LAMA?** - **Seller:** [Balmori Software](https://www.g2.com/sellers/balmori-software) - **Year Founded:** 1990 - **HQ Location:** New York, US - **LinkedIn® Page:** https://www.linkedin.com/company/balmori-associates/ (15 employees on LinkedIn®) ### 21. [SWIMS](https://www.g2.com/products/swims/reviews) Our Smart Warehousing Information Management System, aka SWIMS, provides a system of record for inventory, putting control and visibility in the hands of our clients. Get access to real-time inventory insights, transaction-level updates & a summary of all activity via our cloud-based technology. **Who Is the Company Behind SWIMS?** - **Seller:** [Smart Warehousing](https://www.g2.com/sellers/smart-warehousing) - **Year Founded:** 2001 - **HQ Location:** Overland Park, US - **LinkedIn® Page:** https://www.linkedin.com/company/smart-warehousing (398 employees on LinkedIn®) ### 22. [SynCommerce](https://www.g2.com/products/syncommerce/reviews) SynCommerce is a cloud-based inventory and order management platform designed for online merchants who sell across multiple sales channels such as Shopify, eBay, and Etsy. It enables users to manage and synchronize their inventory and orders from a centralized dashboard, ensuring real-time updates and seamless operations. By automating key processes, SynCommerce helps businesses increase efficiency, reduce operational costs, and enhance sales performance. Key Features and Functionality: - Multi-Channel Integration: Connect multiple Shopify, eBay, and Etsy stores, allowing centralized management of inventory and orders. - Listing Management: Quickly publish products from one platform to another, such as from Shopify to eBay or Etsy, with automatic data updates. - Automatic Synchronization: Real-time adjustments to inventory across all connected stores when a sale occurs, preventing overselling and stockouts. - Bulk Listing and Presets: List multiple products with variations across different stores efficiently using bulk listing features and customizable presets. - Order Fulfillment: Export orders to platforms like Shopify or ShippingEasy for streamlined processing and fulfillment. - Customer Management: Engage with customers effectively and manage relationships through a unified interface. - Comprehensive Reporting: Access insightful analytics and reports to monitor store performance and make informed business decisions. Primary Value and Solutions Provided: SynCommerce addresses the challenges faced by online merchants in managing multiple sales channels by offering a unified platform that synchronizes inventory and orders in real-time. This automation reduces the risk of overselling, minimizes manual data entry, and enhances operational efficiency. By providing tools for seamless product listing, order fulfillment, and customer engagement, SynCommerce empowers businesses to expand their reach, increase sales, and deliver a consistent shopping experience across all platforms. **Who Is the Company Behind SynCommerce?** - **Seller:** [Mavericks Technologies](https://www.g2.com/sellers/mavericks-technologies) - **Year Founded:** 2014 - **HQ Location:** N/A - **LinkedIn® Page:** https://www.linkedin.com/company/syncommerce (3 employees on LinkedIn®) ### 23. [Synctify OMS](https://www.g2.com/products/synctify-oms/reviews) Synctify OMS is a comprehensive software solution designed to streamline and automate the order management process for e-commerce businesses. It integrates with various e-commerce platforms, marketplaces, and shipping carriers to manage orders and inventories across multiple channels in one centralized system. **Who Is the Company Behind Synctify OMS?** - **Seller:** [Synctify](https://www.g2.com/sellers/synctify) - **Year Founded:** 2023 - **HQ Location:** San Francisco, US - **LinkedIn® Page:** https://www.linkedin.com/company/synctify (4 employees on LinkedIn®) ### 24. [Synplex](https://www.g2.com/products/synplex/reviews) **Who Is the Company Behind Synplex?** - **Seller:** [Synplex](https://www.g2.com/sellers/synplex) - **HQ Location:** N/A - **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®) ### 25. [Tether](https://www.g2.com/products/tetherdata-tether/reviews) Demand Planning & Inventory Operations Platform for CPG Brands. **Who Is the Company Behind Tether?** - **Seller:** [Tether](https://www.g2.com/sellers/tether-d0890480-30cf-4060-a9f9-2e65c8bf29f1) - **Year Founded:** 2023 - **HQ Location:** San Francisco Bay Area, US - **Twitter:** @TetherData (6 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/tetherdata (10 employees on LinkedIn®) ## What Is Inventory Control Software? [Inventory Management Software](https://www.g2.com/categories/inventory-management) ## What Software Categories Are Similar to Inventory Control Software? - [Order Management Software](https://www.g2.com/categories/order-management) - [Multichannel Retail Software](https://www.g2.com/categories/multichannel-retail) - [Warehouse Management Software](https://www.g2.com/categories/warehouse-management) --- ## 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.   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 (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:  **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.   ### What are the Benefits of Inventory Control Software?  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.  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.  **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.  **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.  **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  - 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.