Best 12+ Shopify Inventory Management Apps (Pros, Cons, Pricing)

Best 12+ Shopify Inventory Management Apps (Pros, Cons, Pricing)

Shopify is one of the most popular e-commerce companies in the world today. Billions of users and numerous organizations rely on this platform. Even if there are a number of competitors in the market, Shopify is still in a leading position by constantly providing users with improved and advanced features.

For people who want to make their business better on Shopify, there’s a big need for excellent inventory management. Obviously all businesses need to be profitable as well as provide a great user experience and for doing so, inventory management is vital. 

Yes, you will have to track and manage inventory all the time to keep an eye on everything from your order status to the stock level. Shopify's inventory area provides you with the basic functions needed to manage and track inventory data. But, there are many restrictions on what you can do with Shopify on its own. That’s why you can’t afford to neglect inventory management apps!

Outline

I. What Is Inventory Management? 

It is the procedure of ordering, storing, and utilizing the inventory of a company. Management of finished products, raw materials, components as well as processing and warehousing of such products is also included in inventory management.

Inventory management helps maintain the required inventory to speed up sales and run the production process smoothly. Knowing what products you have, what’s in your warehouse, and how your supply chain is being managed is the backbone of your business and this is where inventory management comes into play. 

II. Why Is Inventory Management Important on Shopify?

Inventory management plays an important role in growing an ecommerce business like Shopify. It’s not all about just providing statistics into what you’re selling but also about saving your money, enabling successful cost control of operations, and making your customers satisfied. 

A Shopify business needs good inventory management for avoiding stockouts and excess stock, reducing the risk of overselling, increasing productivity, improving customer experience, and so on.

After all, all businesses want to offer great customer experiences, increase profits and analyze everything from order status to stock level. That’s why there’s a big need to keep track of inventory. 

Strong Shopify inventory management ensures your online business has enough items to meet customer demand. If you don’t prefer managing your inventory on Shopify, you may end up losing money by stocking too much inventory or wasting money on potential sales.

On the other hand, if Shopify inventory management is done well, it can bring big improvements in your cash flow and reduce your business expenses as well. 

III. Top 12 Shopify Inventory Management Apps For Your Online Store

Talking about Shopify inventory management apps, they give you suggestions based on sale data, and can also help calculate turnover, analyze stock, run a warehouse fearlessly, and more!

So, let’s begin! Here are some of the top-notched Shopify inventory management apps for your online store:

Recommended: All the Pros and Cons of Shopify

01- QuickBooks Commerce

TradeGecko shopify inventory management

QuickBooks Commerce is one of the most popular apps used for Shopify inventory management. An amazing thing about TradeGecko is that it makes order fulfillment very easy and gives a full approach to customer support. You can even manage automatic purchase orders so that your Shopify store never lacks stock containing popular items. Here you also get automated workflows to make order routing processes more simple.

TradeGecko

In addition, TradeGecko integrates with Fulfillment from Amazon as well as some of the leading third-party logistics organizations. If you want to keep a proper record of your finances and inventory at the same time, you have an option to link TradeGecko with accounting tools such as QuickBooks and Xero. Also, the advanced analytics reporting systems on TradeGecko make it very easy to generate detailed reports.

Pros 

  • Link your accounting tools and e-commerce stores
  • Maximum control on your inventory
  • Get many currency payment choices
  • Easy to use and accessible backend interface
  • Works with WooCommerce, BigCommerce, Shopify, as well as Magento
  • Simple integrations with popular 3PL companies
  • Access highly shopping statistics in real-time

Cons 

  • This app is not as customizable as other competing services
  • It doesn’t have any kind of POS support for offline sellers

Pricing 

Pricing for this application starts from $49 per month, covering 10 sales orders/month, and support for a single user.

Shopify Rating: 3.7 / 5

Recommended: Shopify Capital: Things You Need to Know

02- Skubana

Skubana shopify inventory management

It is another inventory management system specially designed for Shopify sellers. This app is very famous for its extraordinary analytics features, and a unique characteristic to simplify difficult aspects of Shopify inventory management.

Skubana brings everything that is needed to track your company’s performance in a single place. From its dashboard, you can easily analyze all important stats, such as low-stock levels, incoming stock, and fulfillment performance metrics.

Skubana

With just a single click, Skubana enables you to import products from your warehouse environment, reducing the struggle of inventory management. Skubana also develops outstanding reports showcasing gross margins, unit margins, and other useful details.

Pros

  • All-in-one app for improving business performance
  • Helpful platform developed by sellers for sellers
  • Very easy for beginners
  • Single-click warehouse importing
  • Excellent analytics characteristics with comprehensive reports
  • Outstanding customer support services
  • Get accurate insights and statistics into your most demanded products

Cons 

  • It has fewer integrations than some alternatives.
  • It's very expensive.

Pricing

Pricing for this app starts from $999 per month. 

Shopify Rating: 4.7 / 5

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03- Stocky Inventory Management App

Stocky is a top-notch inventory management app for Shopify. It can work for stock transfers as well as demand forecasting. Stocky can help you to reduce inventory errors so that you can save your valuable time and focus on more important things.  

Stocky Inventory Management App

In short, from the purchase order confirmation to full visibility into your warehouse, Stocky can provide you with all the essential tools. It can be said as one of the best inventory management apps that can improve sales and provide you a better understanding of what products you should order. 

Pros 

  • High insight into stock management and high-revenue items
  • Automate and sync every change in minimum time
  • Eliminate the need to work on multiple spreadsheets 
  • Easy to make orders for vendors and suppliers
  • Easy stock adjustments and transfers Several useful insights and statistics with in-depth reporting
  • Order recommendations based on sales data

Cons 

  • Here no extra service is provided such as shipping and order fulfillment.
  • It doesn't have some advanced forecasting tools.

Pricing

With a 30-day free trial, this app can be used free of cost, and then you’ll have to pay $29 per month.

Shopify Rating: 3.4 / 5

04- Sellbrite

Sellbrite shopify inventory management

Sellbrite is another incredible online inventory management system that you can add to your checkout on Etsy, eBay, and Amazon. Sellbrite assists people who use Shopify to sell their products worldwide. 

Using this handy application, you can access several key functions to improve the performance of your Shopify store. For example, one can have access to many warehouse locations and also integrate the business with Fulfillment by Amazon.

Sellbrite

Sellbrite allows you to easily list brand-new items, no matter where they shop. It can give you a comprehensive overview of your daily sales. Whenever sales occur, Sellbrite will automatically adjust and synchronize inventory information to prevent over-selling of products you no longer use.

Pros 

  • Fulfillment by Amazon integration
  • Automatically synchronize your inventory
  • Excellent customer service and support 
  • Easy-to-use platform 
  • Supports multiple warehouse locations 
  • Suitable for a wide range of market options 

Cons 

  • This app doesn’t provide syncing for accounting programs
  • It’s probably not a good tool for smaller businesses

Pricing 

Pricing for this application starts from $20 per month, covering 100 orders per month. 

Shopify Rating: 4.2 / 5

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05- Stock Sync

Stock Sync shopify inventory management

Stock Sync is one of the most popular inventory management apps for Shopify. This application has a strong Google influence and hugely positive feedback. A number of Shopify users believe that Stock Sync is the best tool for automatic inventory updating. 

Stock Sync

This app can help you automatically update inventory data with SKU information. This app allows you to manage the price of your products, export inventory, synchronize detailed information, and so on. This application also supports a large number of scheduled inventory updates. 

Pros 

  • Email, Rest API, FTP, and many other integrations
  • Easy to change product prices 
  • Automatic inventory scheduling 
  • Advanced features for inventory management 
  • Great shipping functions 

Cons 

  • It’s very difficult to set up
  • Mapping functions are difficult to use

Pricing

The minimum price starts from $5 per month, supporting 4,000 SKUs. However, you can get 14 days of free access to this app.

Shopify Rating: 4.7 / 5

06- #1 Warehouse Manager Software (Multi-purpose inventory management software) 

#1 Warehouse Manager Software byShipHero can be an excellent inventory management system for your Shopify store. Here you can get a number of great features for avoiding over-selling and increasing potential customers. This application comes with real-time inventory synchronization across all sales channels.

#1 Warehouse Manager Software

When synchronizing inventory data, you can access various forms of advanced reporting, purchase order information, batch order processing, and return management. If you need to go beyond direct integration with companies such as USPS, in no time, this app will update your sales process. 

This app allows you to get amazing tools like merged order notifications, kit creation, cycle counting, and several solutions to help manage warehouse inventory. It’s integrated with USPS, eBay, and Amazon.

Pros 

  • Brilliant packaging, picking, and transportation capabilities 
  • Excellent management for multi-warehouse inventory 
  • Fewer transportation costs 
  • Real-time tracking of inventory and orders 
  • Fully cloud-based solution 

Cons 

  • This tool is very expensive
  • It’s difficult to understand for beginners

Pricing 

For small brands, pricing for this application starts from around $1,1850 per month. In addition, for enterprise companies, the price goes up to $2,750 per month unlocking access to unlimited orders, multi-warehouse management, as well as pick and pack services. 

Shopify Rating: 4.7 / 5

07- SkuVault

SkuVault gives you the whole visibility and insight into your inventory.

SkuVault shopify inventory management

It is a full-featured app that allows you to easily analyze sales, quantities, and products to prevent oversells and boost your workflow. You can synchronize your online orders as well as POS orders with the help of SkuVault.

You can also synchronize them to automatically delete quantities from your retail location, or synchronize unfulfilled orders for picking up and packing in your warehouse.

Pros

  • Fast and reliable service with reliable customer support
  • Automatically syncs your items 
  • No manual updates
  • Manage orders automatically from Shopify, making fulfillment faster
  • Syncs data to Shopify after every five minute’s interval
  • Easy to understand for beginners

Cons

  • This app lacks the ability to resize columns in the catalogs, making it very tough to read long strings of text.

Pricing

SkuVault pricing starts from $269.00 per month. They do not offer any free version.

Recommended: A- Z of Shopify Dropshipping Guide

08- Inventory Planner Forecasting 

Inventory Planner shopify inventory management

This app can help your Shopify store manage and control inventory as well as report market trends. Inventory Planner comes with numerous amazing features. First of all, it can manage your products. Based on the products sold and your cash flow, here you will get useful tables and graphs that show your sales statistics for a week or a month.

Inventory Planner Forecasting

This tool integrates with Ordoro, Google Analytics, Quickbooks Online, Stichlabs, and more. 

Pros

  • Recommends prioritized products for ordering 
  • Merchandising, forecast inventory, purchase orders, etc. 
  • Report remaining item quantities 
  • Easily create financial plan
  • Provide email alerts for low stocks

Cons

  • The interface seems complex as there is so much data displayed. 

Price

A 14-day free trial is available for you. After that, you have to pay a minimum of $99 per month.

Shopify Rating: 4.8 / 5

09- Simple Inventory 

Simple Inventory shopify inventory management

Simple Inventory allows you to easily export the whole product inventory as a CSV file. This app provides many important features for Shopify business owners. Here you can change the price of your products and change inventory data by SKU, and your product information will be easily saved in a CSV file.

Pros

  • Change the product price in minimum time
  • Easily save data into a CSV file 
  • Export the whole product data to just a CSV file
  • Automate uploading inventories procedure 

Cons

  • Not a very advanced app and there are some limitations.
  • Usually, this app can't handle multiple uploads at a time.

Price

After a 7-day free trial, you will have to pay just $4.99 per month.

Shopify Rating: 4.6 / 5

10- Connected Inventory

Connect Inventory can work as a great tool for Shopify inventory management. It analyzes and copies the stock quantity. If you sell items in bundles then this app is going to be highly beneficial as you can easily edit a large number of products through this app. 

Connected Inventory

This app works very well for synchronizing inventory quantity across products, variants, and product bundles.

Pros

  • Works smoothly for managing a large number of products
  • Copy and track the inventory quantity
  • Update products anytime
  • Link inventory together for boosting sales

Cons

  • Sometimes, it does not sync inventory consistently. 

Pricing

With a 7-day free trial, you can use this app free of cost and then pay $8.99 per month.

Rating: 4.3 / 5

11- SKULabs

SKULabs shopify inventory management

SKULabs is another excellent solution for Shopify inventory management. Its installation is free of subscription fees and doesn't require any special skills. Just download and experience it immediately! 

SKULabs

SKULabs comes with several beneficial tools allowing its users to manage their inventory in the best possible way. It uses barcodes to verify orders and scan products. 

Pros

  • Keep warehouse inventory accurate 
  • Manage inventory for all sales channels
  • Scan products easily for verifying orders
  • Integrate with Walmart, eBay, Amazon, and Jet

Cons

  • The product search is extremely difficult. It is an exact word search.

Pricing

SKULabs provides two packages: Shopify exclusive which is available for $199 per month and Pro plan available for $299 per month

Rating: 5 / 5

12- Stock&Buy 

Stock&Buy shopify inventory management

Stock&Buy has many prominent features designed to make e-store landing pages work more efficiently. This app allows you to upload inventory for multiple Shopify stores. 

Stock&Buy

Stock&Buy is suitable for managing bundled goods. You can add finished products, sub-assemblies, and many more components to provide customers with more choices. It connects to Xero and synchronizes your inventory valuation, invoices, bills, and cost of goods sold in real-time

Pros

  • Offers multi-warehouse location management
  • Sync as many Shopify stores as you like
  • Easily manage inventory and price with kit management
  • Synchronizes inventory valuation, invoices, bills, and cost of goods sold in real-time
  • Report stocks on hand

Cons

  • Customer support doesn’t work very well

Pricing

With a 14-day free trial, you can use this app free-of-cost, and then there are three plans: Basic Plan $40/month, Established Plan $80/month, and Enterprise Plan $140/month.

Rating: 4.9 / 5

IV. Bonus Tips for Inventory Management

Whether you’re a new Shopify business owner or building your second store on this platform, always keep the following Shopify inventory management tips in mind:

Categorize Your Inventory

Prioritizing products in groups can help you know which products need to be ordered frequently and how slowly they are being removed from your inventory.

This allows you to focus on profitable products. In order to improve your inventory, consider dividing that into multiple groups based on profitability and turnover. Start with three:

First Group: Fast-selling products with a low price tag 

Second Group: Medium-selling products with a medium price tag 

Third Group: Slow-selling products with a high price tag 

Keep Updating Inventory Records In Real-time

Keep product information records of all items in the inventory. Access to the latest and correct inventory data is the key to moving products quickly and efficiently. You need to record information like barcodes, SKUs, suppliers, and so on. In addition, know when the last transaction occurred.

Audit Inventory Regularly

Real-time tracking makes it very easy to audit your inventory on a regular basis. Many people audit inventory once a year, while others may conduct random checks on their products monthly or weekly.

In any case, run audits to ensure the accuracy between financial records and stock quantity. This will assist you to know your inventory flow, profit as well as loss, and keep your inventory working smoothly.

Prefer Customer Satisfaction

Your goal should be to avoid useless content in the inventory. However, blindly lowering stock levels from inventory will decrease your focus on the most critical element in the Shopify business: customer satisfaction.

In case your inventory is not so good and customers don't buy your products, you will obviously lose sales. So, try to make your inventory in such a way your customers want it to be. 

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