The 10 Best Amazon Inventory Management Software in 2022 for Every Type of Amazon Seller
Are you struggling with organizing your business? Do you wish there was a better way to track your inventory and stay on top of your sales?
If you’re an Amazon seller experiencing these dilemmas, you’ve come to the right place. In this article, I ranked and reviewed ten Amazon inventory management software, along with my top 5 choices to help you pick the best one for you.
Know exactly what to restock and when with RestockPro, a top-rated Amazon inventory management tool for FBA sellers.
SoStocked lets you customize your dashboards so you can view your data the way you want to.
Automate repetitive tasks by creating triggers like time-based triggers and condition-based triggers to save time.
With Brightpearl, you can get insightful reports, organize customer data, and integrate with several ecommerce platforms.
SellerActive’s enables you to track inventory, run e-commerce business, ship products, create invoices, manage cash flow in one interface.
If you’re looking for the best overall Amazon inventory management software, Restock Pro is the best choice. The software is designed only for Amazon, so it will be of little use to multi-channel sellers. If you sell primarily on Amazon and you’re looking for a straightforward, no-frills Amazon inventory management solution, then Restock could be a worthy investment.
Best for: Sellers who only sell on Amazon
Price: As low as $99.99 per month
Annual Billing: Yes, save 20%
Promotions: 30-day free trial
Restock Pro is a software designed specifically for Amazon sellers signed up for FBA. It has several useful features, such as:
RestockPro automatically calculates the profit margins for each of your products. You’ll know instantly which products are the most profitable. Your most profitable products are the ones that customers buy the most, which means these products don’t spend so much time stored in an FBA fulfillment center. Thus, stocking only your most profitable products means you pay lower FBA storage fees.
You can use this feature to create profitable kits. You can track the kit’s sales history, profitability, and costs. With all that data, you can determine which kits have the highest demand and profitability. You can just keep on building those kits to maximize your profit.
Restock Pro is on a secure cloud-based platform, which means you can keep track of every detail of every product in a single interface.
Get started with a RestockPro Free Trial
SoStocked is a good choice if customization or personalization is a priority for you. It allows you to customize your interface however you want. SoStocked also offers robust forecasting and data reporting, which is always helpful.
Best for: Personalized forecasting
Price: As low as $79 per month
Annual Billing: Yes, as low as $63 per month ($756 per year)
Promotions: 30-day free trial
SoStocked is a fully customizable Amazon inventory management tool. Its features include:
SoStocked lets you customize your dashboards so you can view your data the way you want to. You can filter by product, vendor, order, and more.
The app allows you to create custom dashboards for particular brands or specific product groups. For example, you can create a custom dashboard just for shoes.
SoStocked takes a unique approach to inventory forecasting, which they call Forecast Modeling. With Forecast Modeling, you can forecast a year’s worth of orders based on models set per marketplace or SKU.
The advantage of Forecast Modeling is that it lets you change your strategies on the fly. You can then see how your changes impact your inventory.
SoStocked’s friendly and customizable inventory dashboard lets you display specific information and filter out anything you don’t need.
Get started with a SoStocked Free Trial
If you want workflow automation, then Orderhive is a great option. Even better is that it caters to ecommerce businesses of all sizes. Whether you’re a small business or a large-scale enterprise, Orderhive will save you a lot of time.
Best for: Easy automations
Price: As low as $95 per month
Annual Billing: Yes, as low as $1,140 per year
Promotions: 50% discount for 3 months
Orderhive is built with automation in mind. Its notable features include:
You can automate tasks such as:
- Order fulfillment
- Returns processing
- Amazon multi-channel fulfillment
Automate repetitive tasks by creating triggers like time-based triggers and condition-based triggers to save time.
Orderhive integrates with couriers like USPS, FedEx, UPS, and DHL. You can check shipping rates, track shipments, and print shipping labels in one interface.
Connect your Amazon FBA account to Orderhive to streamline the process of transferring your stocks to various FBA warehouses. You’ll be able to manage your inventory on a single platform.
Orderhive provides detailed reports on sales, shipping, inventory movement, inventory audits, and many more. Orderhive’s analytics give you insight into which products sell and which ones don’t. As a result, you can minimize the risks of both overstocking and understocking.
Reporting is automated, so you don’t have to worry about manual errors or discrepancies.
Get started with a Orderhive
Brightpearl is suitable for enterprise-level online retailers. Brightpearl also offers services that large businesses can leverage like training and business consulting.
Best for: Enterprise-level retailers
Price: Custom Quotations Only
Annual Billing: Contact Brightpearl for a quote
Brightpearl is an Amazon inventory management software designed as an all-in-one solution. With Brightpearl, you can get insightful reports, organize customer data, and integrate with several ecommerce platforms.
Brightpearl has a host of features that include:
Brightpearl has an automation engine that lets you automate workflows according to your specific needs. With Brightpearl, you can automate your entire inventory management process.
The app allows you to create separate warehouses for FBA and FBM orders. You can also divide orders between specific warehouses.
Manage your Amazon inventory in real-time and easily track the changes in your stocks. You’ll be able to stay on top of transactions like the receipt of new items easily.
Brightpearl seamlessly integrates with leading ecommerce platforms like Shopify, Magento, and BigCommerce, but it’s also flexible enough to connect with other ecommerce platforms. Get in touch with Brightpearl’s customer service to get started.
Sellbrite is ideal for small and medium-sized businesses. If you need a simple and hassle-free tool, Sellbrite is perfect for you.
One of Sellbrite’s drawbacks is that it doesn’t integrate with any accounting or finance software. As your operations grow, tracking large order volumes may become increasingly more challenging.
Best for: Small Businesses
Price: As low as $29 per month
Annual Billing: As low as $24 per month
Promotions: Free forever (up to 30 orders per month only)
Amazon Warehouse Inventory Tracking
Sellbrite allows you to track inventory from different warehouses. It provides you with real-time data on your stock levels.
You can connect Sellbrite with the Fulfillment by Amazon (FBA) system. You can synchronize FBA quantities with the quantities you’ve fulfilled.
Sellbrite is a cloud-based software. Because it runs 24/7, it adjusts your inventory in real time. It only takes Sellbrite a few minutes to update your stock. This update applies to all online sales channels.
You can use Sellbrite on various sales channels. The software works on Amazon, eBay, Walmart, Sears, Newegg, Etsy, and more. It allows you to manage the inventories of all your sales channels on one interface.
If you are looking for a data-driven, centralized inventory management system, Veeqo is for you. This software allows you to manage the inventories of mutiple sales channels. It also offers robust data analytics to grow your ecommerce business.
Best for: Best for small businesses looking for a more comprehensive solution.
Price: $195 per month
Annual Billing: $156 per month ($1,872 per year)
Promotions: Free trial
Veeqo offers comprehensive solutions and is targeted at small businesses. It comes with many excellent features such as:
Veeqo enables you to manage inventory in multiple ways:
Easily transfer inventory to different locations. You can also track incoming and outgoing inventory by location.
Get access to real-time inventory tracking. Veeqo actively updates your stock levels when buying, selling, or transferring items.
Veeqo lets you track available, on-hand, and incoming inventory across different warehouses.
You can make micro-adjustments to your stock levels. Make minor adjustments to your inventory due to shrinkage, damage, or promotions.
Track changes in stock levels as well as who changed them. This feature allows you to have more transparency in your team.
Veeqo allows you to replenish your stock levels when customers return items, eliminating a lot of manual work.
Use Veeqo to automate various tasks like:
Create custom order rules to automate repetitive inventory tasks. Set order rules to perform functions such as:
- Assigning order tags
- Auto-printing invoices
- Setting shipping services
- Selecting invoice templates
When you sell an item on one channel, Veeqo updates the stock levels of all channels.
View stock levels that are lower than on-hand inventory. This lets you create sales urgency on your product pages.
Route orders to specific warehouses based on the order destination so you can ship your orders faster.
Veeqo provides you with meaningful inventory insights and access to various data like:
Get reports on several types of product information like sales, current stock levels, cost price, and more.
Veeqo makes planning for demand easier. The software factors in the following data:
- Past sales
- Current stock levels
- Stock transfers
- Outstanding purchase orders
- Delivery times
This data enables you to make accurate forecasts on future inventory requirements.
Veeqo has a dedicated dashboard containing information on essential business statistics. You can view your best-selling products and sales per channel from one place.
SellerActive is an excellent option if you want to use repricing as a way to stay ahead of your competitors. If you want a repricing tool and integrations to other platforms like accounting and shipping software in one bundle, then SellerActive is for you.
Best for: Best for sellers who want on-the-ply repricing.
Price: $79 per month
Annual Billing: Yes, 20% discount
Promotions: 14-day free trial
SellerActive is a multi-channel solution with the following features:
Repricing enables you to lower or raise your inventory prices instantly based on a specific pricing strategy. Repricing depends on factors like the demand for the product and your profitability margins. It isn’t just about setting the lowest possible prices.
SellerActive’s repricing feature simplifies the process for you. The Amazon repricing software can help you stand out and maximize your profit by being the seller behind the “Buy Now” click. You can even review your competitors’ pricing to always stay steps ahead of your competition.
This feature helps you avoid overselling and running out of stocks of your best-selling products. You can control the listings, warehouses, and fulfillment methods of all your sales channels in one central location. You can even use this feature to build the most profitable bundles possible.
SellerActive integrates easily with an extensive range of marketplaces, e-commerce platforms, shipping solutions, and accounting software. SellerActive integrations include (but are not limited to):
SellerActive’s host of integrations enables you to track your inventory, run your e-commerce business, ship your products, create invoices, and manage your cash flow in one central interface.
As you scale your business, Linnworks lets you gather the insight you need to boost your profitability. It also allows you to save time by streamlining multiple ecommerce functions. However, some users have called out Linnworks for their poor customer service.
Best for: Best for boosting profitability.
Price: $200 per month
Annual Billing: Contact Linnworks for a quote
Promotions: Free (Community Edition)
Linnworks focuses on boosting your profitability. It centralizes all ecommerce functions so you can streamline your order and fulfillment processes from one interface.
Linnworks’ features include:
To help make your operations more efficient, Linnworks boasts integrations with various platforms, including:
- Royal Mail
Process orders from all sales channels on one interface. It’s easier for you to manage orders as volumes increase. Linnworks also has an advanced automated order management capability that syncs your sales channels, orders, and fulfillment.
Linnworks allows you to monitor the performance across all sales channels on one dashboard. You can track the top-performing channels and even the top-selling SKUs.
Sellics is suited for businesses that want to automate and improve their PPC campaigns. It comes in three editions:
- Seller Edition – for Amazon Seller Central sellers
- Vendor Edition – for Amazon Vendor Central sellers
- Agency Edition – for agencies managing multiple accounts
Best for: Best for automating and improving PPC campaigns
Price: $250 per month
Annual Billing: Contact Sellics+Perpetua for custom pricing
Promotions: Free trial
Sellics has recently joined Perpetua, which is a multi-channel advertising software. However, you won’t be able to take advantage of Perpetua just yet. Sellics announced that they are still working with Perpetua to ensure that customers can benefit from both services.
On its own, Sellics is still a valuable tool with a host of features such as:
Pull more people toward your brand and boost your sales. This feature makes advertising straightforward. You just need to choose your own advertising goal, set a budget and an advertising cost of sales (ACoS) target, and then Sellics will do the rest.
Sellics has a PPC manager that can significantly reduce your time managing ad campaigns. This feature improves your PPC campaigns by helping you with keyword discovery and bid automation. You can create triggers to automate certain functions. For example, you can add a keyword to your negative keyword list if that keyword gets clicks but not sales.
Sellics provides instant updates on current stock levels and your daily sales velocity. The real-time updates can help you avoid running out of stock. To use this feature, you’ll need to connect your Amazon Seller Central account to Sellics.
Skubana is an excellent option for both small-scale sellers and high-growth brands. Regardless of the size of your business, Skubana will work well if you’re looking for comprehensive ecommerce and inventory management.
Best for: Best for ecommerce integration
Price: Starts at $1000 per month
Annual Billing: Contact Skubana for custom pricing
Skubana is a leading ecommerce software that boasts a range of powerful features such as:
Skubana offers unique ways to manage your Amazon inventory:
You can assign inventory values to units that were added or removed manually. Inventory reconciliation results in greater data reporting accuracy.
This list allows you to exclude stock for a specific product from specific warehouses.
According to Norie Ann Boltron, a Support Engineer at Skubana:
“Adding a warehouse to this list is the equivalent of telling the channel you have zero stock for this product within that warehouse.
For example, if Warehouse A, B, and C have inventory quantities of 10 each, and you exclude Warehouse C for this particular product, the sales channels will only reflect a total of 20 units, rather than 30.”
As a leading ecommerce software, Skubana has native integrations with Shopify, BigCommerce, Amazon, Walmart, and more.
Automate your inventory, order, and purchase processes. You can program Skubana’s Orderbots to handle tasks like routing orders to the nearest fulfillment centers. Skubana can also create purchase orders automatically and accurately by factoring in current sales velocity, lead times, and seasonality.
Inventory management software is a tool that automates your inventory management. It streamlines a wide range of tasks such as:
- Inventory tracking
- Data gathering (sales reports, costs, top-selling products, etc.)
- Reorder management
- Customer information organization
- Accounting and finance data management
- Demand fulfillment
- Order processing
- Returns processing
- Shipment tracking
These tools allow you to make critical business decisions on time so you can ultimately increase your profitability.
Most modern inventory management software is cloud-based, which means that you can save on hardware and staffing costs. You don’t need expensive servers or hire IT personnel to maintain your inventory software — the software provider handles that.
These companies will maintain the software, fix bugs, and provide cybersecurity. Look for a company that offers 24/7 customer support and has a high service standard.
Inventory management tools are crucial because they increase the efficiency of your operations and allow you to reduce costs.
Amazon inventory management tools automate several time-consuming tasks across multiple sales channels, which gives you more time to focus on growing the business.
Additionally, Amazon inventory management software provides you with real-time data. This data helps you avoid understocking or overstocking, which are both costly in the long run.
These tools give you access to valuable data like best-performing products and sales history, allowing you to identify seasonal sales opportunities and make accurate forecasts.
From a consumer standpoint, an Amazon inventory tool empowers you to serve your customers better. Inventory software helps facilitate faster deliveries and reduced shipping fees, which translates to better customer satisfaction.
Poor inventory management can lead to lower sales and dissatisfied customers. Here are some signs:
Lack of real-time inventory information can lead to overstocking. When you have high quantities of a product, you’ll have to store these products longer. The longer you hold them in your inventory, the higher your storage costs will be.
An inventory surplus can also lead to increased shrinkage due to:
- Employee theft
- Damaged goods
- Administrative errors
- Supplier fraud
Lack of inventory information can also cause understocking, resulting in missed sales opportunities. Without real-time inventory information, you won’t know when to replenish the stock of your top-selling items.
Having a great tool at your disposal helps a lot, but it’s not going to do much if your inventory management process is unreliable.
To help you with that, here are a few examples of effective strategies:
Don’t worry if you have excess stock of one product. There are still things you can do to reduce your stock levels.
For instance, running promotions is an effective inventory management strategy. You can sell your excess stock at a discount or offer “buy one, get one” deals. Doing so encourages customers to buy.
Another option is to donate your excess stocks. You can donate your products to charities or non-profit organizations like Goodwill. The great thing about this is that you can usually write off these donations on your taxes to cover your losses.
As much as possible, try to maintain around 60 days’ worth of inventory. This amount will allow you to cover your sales volumes while preventing overstocking and understocking. You can forecast demand by reviewing the data on your software. You can also take a look at your FBA sell-through rate.
Amazon measures your FBA sell-through rate by dividing your total units sold and shipped to customers by the average number of FBA inventory units over 90 days. Check your sell-through rate on the Inventory Dashboard on Amazon. You’ll find it under Inventory Age.
Amazon sell-through rates:
- 3 to 7 units per day – Great
- 1 to 2 units per day – Fair
- Less than 1 unit per day – Poor
Make a conscious effort to build good relationships with your suppliers.
A supplier who likes you will tend to complete your orders before other customers’ orders. Meanwhile, a supplier who does not will put you at the back of the line. You may run out of stock long before your supplier completes your orders.
Strengthen your communications with your suppliers and treat them with the respect you would want them to treat you with. It will pay off in the long run.
There is no one-size-fits-all approach to demand planning because each seller’s situation is different. Fortunately, the rise of intelligent tools has made forecasting much more manageable.
Modern inventory management systems offer robust automation and data capabilities, so use them to your advantage. For example, if the data tells you that a particular product is performing well, you might want to consider stocking up on that product.
One thing you need to remember is that there is no such thing as the absolute best Amazon inventory management software. Just because a tool is perfect for one seller means that it’s the right one for you.
When deciding which one to choose, always keep these in mind:
- The size of your business
- The functionalities you want
- Simple vs. comprehensive solutions
Avoid choosing a tool just because it’s the cheapest one or because you think it has the most features. Additional features won’t do you any good if you don’t need them.
Hopefully, reading this article has helped you decide on the best possible Amazon inventory management software for your business. Visit our blog to learn more about maximizing your presence on Amazon.
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