As a tool for ecommerce websites, Shopify recognizes the need for good inventory management. After all, any business that wants to build profits and deliver great experiences needs to keep track of its inventory. Being able to watch everything from order status to stock level across your sales channels is vital.
Shopify’s Inventory area gives you the basic functionality that you need to track and adjust inventory information. The inventory tracking system even gives you access to a full history of inventory information for up to 90 days. However, there are limitations to what you can do with Shopify on its own. That’s where Inventory Management apps come in.
Managing Inventory with Shopify
Inventory management is a critical part of running a successful ecommerce store. Your inventory management system does more than just provide an insight into what you’re selling. Handy software shows you trends in your buying cycles, and how often you need to restock to keep up with demand.
A convenient inventory management tool also helps with things like calculating turnover and determining how much stock you need to keep in a warehouse, or available through drop shippers at any given time. Companies with perishable products, like those in the health, beauty, and food industries, can also avoid waste and loss with inventory tracking.
Your Shopify store comes with access to a handful of inventory management features on the backend.
- Inventory tracking: You can view the number of each product you have on your Inventory page. You can also use filters to sort through product information by availability, quantity, product vendor, tags, and product type.
- Inventory updates: Shopify users can change the inventory count for their product variants manually on the inventory page. Just click on “Update Quantity” underneath your product to start updating the numbers.
- Inventory history: If you use Shopify to track product inventory, you can view the history of any adjustments you’ve made to that product. You can only view up to 90 days of item history from your web browser or Shopify mobile app.
While these features are helpful, they may not be enough for larger companies that need to automate, manage, and keep track of complex stores. Using an inventory management app for Shopify from one of the many third-party vendors on the app store gives you access to greater functionality.
The Benefits of Inventory Management
A dedicated inventory management app from the Shopify marketplace updates what you can do on your Shopify backend. In some cases, you can get updates in real-time on your stock counts and set up notifications for whenever you need to order new stock.
Inventory management apps can also help you to keep track of purchase orders and see where certain transactions sit in your order management cue so that you can deliver items to your customers as quickly and efficiently as possible. The right app should:
- Make sure you don’t run out of stock: Running out of stock means that you miss out on sales opportunities. 72% of online shoppers say they’d go to a competitor if the product they want to purchase isn’t available from the first company they visit. 67% of those customers also say that they’ll continue shopping with your competition in the future.
- Reducing inventory waste: A good inventory management app also means that you don’t over-buy stock that you’re not going to use. Buying too much stock to hold in your warehouse leads to higher storage fees. It could also increase your chances of waste and loss if you’re working with perishable items.
- Improve customer experience: Since Shopify apps for inventory management help you to stay one step ahead with all of your order fulfillment processes, they also lead to better customer service. You can let customers know how many products you have in stock instantly, and make sure that you’re always equipped to take their orders.
- Manage cash flow: Inventory management apps can give you a more accurate view of your cash flow and assets. This makes it easier to determine how much you should budget towards buying new stock for your business. You can also make informed decisions about how to price products and how to use warehouse space. Some inventory management software even integrates with accounting tools, like those from QuickBooks.
- Reduce strain on your team: Running an ecommerce store takes a lot of work. If you’re trying to manage sales and deliver amazing customer experience, you won’t always have time to keep track of every barcode and product unit too. Inventory control apps takes some of the extra work off your team’s shoulders – so they can focus on the most important tasks first.
- Enables multi-channel selling: An inventory management app can even help you to keep track of sales from outside of your Shopify store. For instance, you can watch your inventory levels throughout Shopify, eBay, Amazon, Etsy, and social media selling pages at the same time. This reduces your risk of stock counting errors.
What are the Best Inventory Management Apps for Shopify?
Inventory management apps help you to track and fulfill orders as your business begins to scale more efficiently. While using Shopify’s in-built features might be a great option for beginners, the more your company grows, the more you’ll have to keep track of. If you don’t have a good inventory management system, you could end up losing money and opportunities.
The right inventory management system helps you to manage all of your sales channel with ease, and even make accurate predictions about demand and supply too. With the right inventory management system, you can accurately identify how your inventory needs fluctuate over time, and how you can prepare for seasonal changes.
When choosing your inventory management app, look for a product that can:
- Streamline and automate processes: Automation is an excellent way for companies to save crucial time and money when scaling. Automated inventory updates and real-time notifications will reduce the number of repetitive tasks your team needs to worry about.
- Inform and educate: You should be able to track all the orders you receive with ease, get order fulfillment information, and receive handy notifications on when you need to purchase additional stock.
- Integrate with existing apps: Shopify’s vast marketplace includes a lot of different apps for multi-channel selling. If you’re already using products from the app store, make sure that your inventory management tools can work alongside them.
- Include POS integrations: having a point of sale integration is crucial if you’re also selling products from an offline store or physical shop. You’ll need to automatically sync online and in-store orders and stock levels to reduce any potential errors.
- Provide intelligent analytics: The best inventory management applications can offer predictions and insights to guide the decisions you make for your business. Actionable reports and analysis are a must-have for any growing company.
The Top Shopify Inventory Management Apps
Now you know what to look for from a Shopify inventory management application, and you know why these tools are so important, we can start to examine some of the top performers. Here are some of the highest-rated solutions for inventory tracking and order management.
Easily one of the most popular pieces of inventory software on the market today, TradeGecko has excellent reviews across the globe. This simple software solution helps Shopify business owners to keep track of their inventory, and handle issues with order fulfillment. You can manage multiple channels with this tool and keep Shopify running smoothly.
One of the best things about TradeGecko is how much simpler it makes order fulfillment and customer support. You can set up automatic purchase orders so that your ecommerce business never runs out of stock in popular items. There are also automated workflows to simplify order routing processes too.
TradeGecko also integrates with some of the leading third-party logistics companies in the world, as well as Fulfillment from Amazon. If you need to track your inventory and your finances at the same time, you can link TradeGecko with accounting tools like Xero and QuickBooks. Plus, the advanced reporting and analytics systems on TradeGecko make it easy to generate detailed reports.
- Full control over your inventory
- Easy integrations with leading 3PL companies
- Link your ecommerce stores, marketplaces, and accounting tools
- Access multiple currency payment options
- Works with Shopify, Magento, BigCommerce, and WooCommerce
- Access the latest shopping statistics for your brand in real-time
- Convenient and accessible backend interface
- Lacks POS support for offline sellers
- Not as customizable as other inventory management apps
- Somewhat complex invoicing environment
- Costs for TradeGecko start at a reasonable $49 per month, which coves 10 sales orders per month, and support for 1 user.
- You also get access to a single warehouse, zonal shipping rates, and multiple currencies.
- More advanced teams might prefer the “Lite” product which allows up to 100 sales orders per month.
- Prices go all the way up to a “Pro” service which is only available via sales quote.
Skubana refers to itself as the operating system for Commerce, which is quite a bold claim to make. This software solution is popular for it’s sensational analytics features, and it’s ability to simplify some of the more challenging parts of inventory management.
Skubana is an inventory management solution designed by sellers, for sellers. Everything you need to track your company’s performance comes together in the same convenient platform. Form the Skubana dashboard, you can see all your most valuable stats, including incoming stock, fulfillment performance metrics, and low-stock levels.
Skubana allows users to import items from their warehouse environment with a single click, reducing the pain of inventory management. You can also cancel, track, or make orders using the in-built purchase order manual. Skubana even generates powerful reports showcasing unit margins, gross margins, and other useful details.
- Convenient platform designed by sellers for sellers
- Incredibly intuitive for beginners
- Excellent customer service and support
- Great analytics features with detailed reports
- All-in-one platform for managing business performance
- Insights into your most popular products
- Single-click warehouse importing
- A bit pricy compared to competing services
- Lots of features mean more of a learning curve
- Fewer integrations than some alternatives
- Pricing for Skubana isn’t particularly evident on the website.
- You can get a free demo to put the software to the test, but after that, you need to apply for a custom quote.
- The minimum fee starts at around $999 per month, which is a lot more than most small companies can afford.
Stocky is a top-of-the-line inventory management app from Shopify’s marketplace. This solution comes with a host of fun features to discover, including demand forecasting and stock transfers. You can also set up automatic stock updates too. As an inventory management application created explicitly by Shopify for the Shopify Pro Plus experience – you know everything’s going to work well.
Stocky promises business leaders that they’ll be able to increase their profitability and reduce the risk of inventory loss with better insights into when they should be ordering new products for their customers. Stocky helps you to save time and reduce errors in your mission for business growth. You can also get forecasts based on recent performance by examining your sales metrics.
Key features of Stocky involve everything from purchase order creation to full visibility into your locations and warehouses at a distance.
- Easy to create orders for suppliers and vendors
- Intuitive backend system that’s great for beginners
- Order suggestions based on sale data
- Low stock indicators and insights into high-revenue items
- Demand forecasting support
- Stock transfers and adjustments
- Analytics and insights with in-depth reporting
- No extra functionality like order and shipping fulfillment
- Missing some advanced forecasting tools
- Stocky is a free to use app with Shopify POS Pro.
Sellbrite is a powerful online inventory management tool that you can add to your checkout on Amazon, Etsy, and eBay. Sellbrite helps people with Shopify sell their products on some of the largest marketplaces in the world.
This convenient app comes with access to various crucial features to boost the performance of ecommerce platforms. For instance, you can access multiple warehouse locations, and integrate your business with Fulfillment by Amazon. Companies using Sellbrite also get access to a centralized interface for order fulfillment, through which they can fulfill various orders.
List your new products easily, no matter where they shop with an app that gives you a complete overview of your sales. Whenever and wherever sales happen, Sellbrite adjusts and syncs inventory information automatically to avoid overselling products you don’t have access to anymore.
- Excellent easy-to-use platform
- Great customer service and support
- Works with a wide selection of marketplaces
- Support for multiple warehouse locations
- Fulfillment by Amazon integration
- Centralized all-in-one interface
- Automatic syncing for your inventory
- No syncing for accounting programs
- Possibly not the best fit for smaller businesses
- Sellbrite’s pricing begins at $20 per month for 100 orders per month.
- There’s support for $160 per month for Shopify stores that generate about 10,000 monthly orders.
5. Stock Sync
Stock Sync is one of the more popular apps for inventory management currently available from Shopify. This app has a powerful presence on Google, and hundreds of positive reviews. Thousands of Shopify users currently rely on Stock Sync as the perfect solution for automatic inventory updating. Stock Sync is great for manipulating product pricing, managing multiple suppliers and more.
If you’re looking for an advanced inventory management tool, this could be it Stock Sync helps you to update inventory data automatically using SKU information and other details. You can manipulate product pricing, export your inventory, sync details and more, The Stock Sync app also supports a host of scheduled inventory updates.
The REST API available with Stock Sync also means that you can integrate with various feed channels too.
- Advanced selection of inventory management features
- Rest API, email, FTP, and other integrations
- Automated inventory schedule
- Comprehensive inventory feed management
- Free access for 14 days
- Excellent shipping features
- Easy to change prices
- Quite a complicated setup process
- Mapping features are tough to use
- There’s a free 14 day trial to introduce you to the software, and a free plan where you can access unlimited user trigger updates, batch inventory updates, and more.
- The free plan only supports 3000 SKUs.
- The Basic plan for $5 per month supports 4,000 SKUs, while the pro plan for $10 per month comes with excellent customer support.
- Enterprise services start at $49 per month.
ShipHero is a sensational multi-channel inventory management app for your online store. With ShipHero, you can access a ton of brilliant features to help you avoid overselling, and boost sales opportunities. This products supports real-time inventory syncing across all of your sales channels.
When you sync inventory information, you also get access to batch order processing, purchase order information, returns management, and various forms of advanced reporting. If you want to go beyond just a direct integration with a company like USPS, ShipHero will update your sales processes in no time. You can even implement custom automated rules.
ShipHero also come with access to cycle counting, kit creation, merged order notifications or popups, and multiple warehouse inventory management solutions too. This app integrates with eBay, Amazon, and USPS. However, it is quite a bit more expensive than some of the other products on the market.
- Brilliant multi-warehouse inventory management
- Excellent packing, picking, and shipping functions
- Reduce shipping costs
- Run a warehouse fearlessly
- Inventory and orders tracked in real-time
- Completely cloud-based solution
- Kit creation and cycle counting
- Integrations with USPS, eBay, and Amazon
- Very expensive
- Complicated for beginners
- Pricing for ShipHero is pretty expensive, starting at around $1,1850 per month for smaller brands
- The cost goes all the way up to $2,750 per month for enterprise companies who want access to things like batch pick and pack, multi-warehouse management, and unlimited orders.
Ready to Use a Shopify Inventory Management App?
Having a good system for inventory management is essential for running a successful store and eCommerce business. While Shopify does have some basic inventory management tools available, the functionality doesn’t compare to what you can expect from a third-party. An inventory management system will prevent you from running out of stock, or overstocking.
Inventory management tools also avoid issues with overselling and can make it easier to handle your dropshipping business. The right tool supports a better selling experience with access to everything from custom shipping labels, to complete overviews of your sales trends and your customer expectations.
If you have an inventory management tool for Shopify, you can avoid issues with cash flow, and make your small business look as trustworthy as possible. The key to success is finding the right inventory management app. You need something that helps you to make informed decisions regarding things like inventory management and purchasing more stock.
At the same time, your inventory management app for Shopify needs to be user-friendly, capable of showing you when you should restock products in advance. Plenty of advanced tools in your inventory management tool will help you to scale your business and order fulfillment practices effectively.
Good Luck Managing your Inventory
When looking for the right app for your inventory management, you should also look into things like useful integrations with the apps you already use for things like checkout and financial management. Detailed inventory tracking and extensive reports can help with your sales forecasting. Plus, you might want a POS integration if you’re working with an offline presence as well as an online business.
We’ve covered just some of the best inventory management tools here, but don’t forget that there are plenty of other options available, and many come with their own free trial to get you started.
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