Updated 23 Mar 2023, Published 15 Jul 2022
An inventory control software is a digital tool for handling, monitoring, and documenting goods from a company’s inventory. It streamlines the flow of products from manufacturing and production to shipping and distribution with the help of various recording, tracking, and forecasting tools. Companies can leverage the insights gathered from this software to identify bottlenecks across their supply chain and improve inefficient business processes.
Free version: Available for teams of up to 10
Pricing: Premium plan $19/month (with free 30-day trial period)
Platforms supported: Available on mobile app (iOS and Android) or a web-based software
Why Use SafetyCulture?
SafetyCulture is an inventory control software built for teams of all industries and sizes. This platform facilitates seamless workflows for total inventory control across the board through a robust suite of digital tools. Retailers, manufacturers, distributors, and warehousing companies can scale this tool based on the size and business needs.
Instead of manually listing items on a ledger, simplify your inventory data entry and inspection process through QR or bar codes. Then, monitor the status, condition, and location of goods inside the warehouse using the app’s asset tracking system. The data you collect goes into a centralized inventory database for easily tracking inventory supply levels using your mobile or desktop device.
Why Use Sortly?
Sortly offers simple yet powerful tools for handling end-to-end inventory control tasks. This simple inventory control software allows you to visualize and keep track of your incoming and outgoing stocks using custom barcodes and QR codes. Meet customer demands for your products with the help of this reliable inventory tool.
Free version: Yes, with limited features
Pricing: Advanced Plan starts at $29 per month, billed annually (with 14-day free trial))
Platforms supported: Web, iOS, and Android
Why Use NetSuite?
NetSuite is an inventory control software for streamlining stock-related processes across the supply chain. With a single platform, companies can track their entire inventory lifecycle, anticipate customer demand, and plan the best route for restocking products. NetSuite connects seamlessly with your preferred back-end programs to centralize operational and financial information.
Free version: Not available
Pricing: Contact NetSuite for more details
Why Use inFlow?
inFlow helps manufacturing businesses meet their inventory goals using an all-in-one platform. Track inventory items across multiple locations and fast-track operational processes using the barcode scanning feature. Schedule reorder points, connect with e-commerce platforms, and handle sales orders with ease using this inventory control software.
Pricing: Contact inFlow for more info (with 14-day free trial)
Why Use Cin7?
Cin7 provides inventory solutions for companies dealing with Business-to-Business (B2B) and Business-to-Customer (B2C) sales. Monitor your products, orders, sales channels, and reports in one place. This inventory control software can also automate your daily operations and sync your data with accounting, third-party logistics, and marketplace platforms.
Pricing: Standard package starts at $325 per month (with free trial)
Why Use Fishbowl?
Fishbowl works as a warehouse inventory control software to manage items under production effectively. Oversee each step of the inventory control process and keep an eye on your inventory across multiple warehouses using this manufacturing inventory control software.
Pricing: Contact Fishbowl for more info
Why Use Acctivate?
Acctivate offers digital solutions for small and medium-sized distributors. It speeds up product distribution inventory across multiple channels through intelligent tools such as purchase order automation, serial number traceability, and instant inventory visibility. This inventory control software can help you grow your business by taking care of tedious warehousing tasks.
Pricing: Starter package begins at $833 per month; custom price quotes are available (with 14-day free trial)
Platforms supported: Web, Desktop
Why Use Lightspeed?
Lightspeed Retail consists of stock ordering and inventory streamlining tools to optimize daily functions for retailers. By reducing the time it takes to complete tasks, this retail inventory control software empowers you to drive business growth and enhance customer experience.
Pricing: Lean Plan starts at $119 per month, billed annually (with free trial)
Platforms supported: Web, Windows
Why Use Extensiv Order Manager?
Extensiv Order Manager is a leading inventory control platform for marketplace and e-commerce brands. Handle all sales and warehouse channels in a single platform, automate your order processes, and leverage insights for continual growth with this tool.
Pricing: Contact Extensiv Order Manager for more info
Why Use Hybrent?
Hybrent offers powerful functionalities for controlling and managing medical supplies in healthcare settings. Use this inventory control software to track medical stocks accurately using serial numbers, perform regular cycle counts, and generate reports to reduce waste and costs.
Pricing: Contact Hybrent for more info
Inventory control involves several processes that can be simplified with the help of a digital platform. Discover the key advantages of having an inventory control software program for your stock management operations.
An inventory control software platform streamlines day-to-day tasks with a variety of process, management, and reporting tools. For one, it allows you to keep track of multiple warehouses and inventories in a single location. Moreover, it aligns your workflows with your business goals, so employees can focus on their tasks without worrying about the small details.
Digitizing your processes is an excellent way to optimize your operations. The program does the work for you, so you can accomplish more and save time on manual tasks. For example, barcode and QR code scanners prove to be more efficient for encoding inventory data instead of manually typing in details on a logbook.
An inventory control software offers a reliable means of monitoring the movement of inventory items from production to shipment. Easily keep an eye on your stocks using the program’s unique product identifiers such as serial numbers, lot numbers, and barcodes.
Searching for specific items also becomes faster with the help of a unified inventory database. Simply insert a product’s identification code in the system and let the program search it for you. With a click, you can find all the relevant details about your searched item.
Part of inventory control includes ensuring high-quality inventory at sufficient amounts. A handy software program can aid you in this aspect. Use this tool to keep tabs on your inventory levels and automatically designate reorder points to replenish items with low quantities before you run out of stock.
This software also allows you to set automatic alerts for detecting expiration dates in products. This way, you can provide your customers with the freshest products and reduce waste from spoilage or damage.
Lastly, most inventory control programs include accounting software integrations to streamline financial monitoring processes. Connecting these platforms allows for more accurate expense tracking as purchase orders come in and out. It also collects and consolidates financial data in one place, so you can observe which areas of your inventory tend to overspend or underspend.
An inventory control software often includes a wide range of tools and functionalities to facilitate smoother inventory operations. These functionalities will depend on the size and needs of your business.
Make the most out of your inventory app by knowing the following core features:
Effective inventory control and management begin with the right platform. These software programs offer various tools to handle stocks for different products effectively and ensure they have adequate supplies at all times. To help you find a suitable tool for your business needs, here’s a quick round-up of our top inventory control software platforms.
Refer to the table below for an in-depth comparison of the ten best inventory control software.
* billed annually
** contact sales team for more information
*** custom price quotes available
Leizel Estrellas is a content writer and researcher for SafetyCulture. Her academic and professional training as a researcher allows her to write meaningful articles that create a lasting impact. As a content specialist, she strives to promote a culture of safety in the workplace through accessible and reader-friendly content. With her high-quality work, she is keen on helping businesses across industries identify issues and opportunities to improve every day.