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Do you have a Shopify store and feel like your eCommerce business is always scrambling to find the right inventory? Do you get stuck with loads of excess inventory that goes unused for months, even years at a time? If so, then it might be time to look into new solutions that can help. Shopify offers scores of applications for managing inventory and helps companies plan, predict and monitor their stock.
Inventory management applications on Shopify are an invaluable tool for any store owner looking to succeed in today’s competitive market and we’re here to show you why. We’ll talk about how these apps help companies track their inventory and understand when they need more products, as well as what kind of benefits come from using it in tandem with other types of logistics services.
Here we have compiled a list of the top inventory management apps for Shopify based on reviews, ratings, and number of installations.
Back In Stock is an inventory management and stock updates app that helps store owners view their inventory in real-time, integrate data with their website, and recover abandoned cart revenues.
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The app offers a free plan, a Basic plan at $5/month, a Starter plan at $9/month, and a Pro plan at $19/month.
Stock Sync is an inventory management app for viewing stock data and integrating stock information with a Shopify store. The platform can be used to update stock levels, get real-time information on inventory, and sync with vendors for seamless data exchange.
The app offers a free plan, a Basic plan at $5/month, a Pro plan at $10/month, and an Enterprise plan at $49/month.
ReStock is an inventory planning and notification system. It helps store owners update their stock information and communicate to customers when certain items are back in stock.
The platform faces issues while working with multilingual stores. If you’ve already chosen this app then you can connect it with a Shopify translation app to remedy language problems across countries.
The app offers a Lite plan which is free of cost, an Essentials plan at $14/month, a Pro plan at $29/month, and a Premium plan at $59/month.
Connected Inventory is a real-time inventory management solution. It allows store owners to automate inventory updates and helps manage multiple products sharing the same inventory.
The app costs $9.99/month.
Inventory planner Forecasting is an inventory management and replenishing app. It allows users to predict stock levels and order inventory in advance to cover for shortages while allowing users to monitor stock levels in real-time.
The app costs $99/month.
Realtime Stock Sync & Bundling is a stock management, alerting, and updating solution. The app allows store owners to sync stock levels across multiple stores.
The app offers an Essential plan at $35/month and a Pro plan at $39/month.
Veeqo is an inventory and order fulfillment management app. The app can be used to sync orders across multiple stores and automate inventory management.
The app offers an Accelerator plan at $195/month, a High Growth plan at $253/month, and a Premium plan at $325/month.
Shopventory is an app for managing inventory and delivering analytics for eCommerce stores. The provides real-time inventory updates, catalog management, and reporting.
The app offers a Standard plan at $99/month, a Professional plan at $249/month, and Elite plan at $499/month, and an Enterprise plan at $999/month.
Merchbees is an inventory tracking and planning tool for eCommerce stores. The app allows users to get real-time stock information and provides comprehensive reports on the performance of products.
The app offers a free plan, a Basic plan at $2.99/month, and a professional plan at $5.99/month.
Out-of-Stock Police is an inventory alert and notifications system. The app allows users to manage their inventory while helping them replenish stock levels.
The app offers a free plan, a Silver plan at $4.99/month, a Gold plan at $9.99/month, and a Platinum plan at 14.99/month.
Simple Purchase Orders is an automation tool for managing stock levels, placing purchase orders, and fulfilling orders.
The app offers a free plan, a Pro plan at $29.99/month, and an Enterprise plan at $59.99/month.
With so many options available on the Shopify app store, it can be difficult to assess which inventory management application will be a suitable solution for your store. Therefore, here are some factors to consider while choosing an inventory management app for Shopify.
The cost of the app is one of the most important considerations. If an app is too expensive, it can easily be detrimental to the profitability of your store; however, an excessively cheap one might not pack enough features. Therefore, choose an affordable option that offers your required features.
When choosing an inventory management app, always check if it offers notifications and alert systems. When using an inventory management solution, users need to be aware of situations when the store has low levels of stock or has depleted the inventory to replenish in time. Of course, these apps will not be as efficient as the Back in Stock Shopify app, but still, they should have some alert features.
Further, users can also benefit from sending notifications to customers when an item is back in stock to recover lost sales.
Tracking should be a fundamental feature in any Inventory Management system. Accurate tracking of inventory can help enhance the workflow for your business, including order fulfilment, notifications for restocking, and providing real-time numbers on stocks.
Moreover, top inventory management apps come with the option of forecasting stock movement based on the market and its fluctuations. This way, you can automate purchase orders based on the sales forecast and stay ahead in the market.
With a lot of products moving in and out, your business needs to understand the importance of data analysis. It will help you monitor and improve your business operations. Real-time reports and analysis can be a divisive factor in creating a productive edge for your business. Regular data analysis and reports will help you customize the products as you see fit.
Any e-commerce business today utilizes an array of apps and programs to manage and run their business that includes warehouse systems, accounting tools, etc. The ecosystem created by your business requires all the apps you are adopting to sync well with your business without performance glitches. So, make sure you can find an inventory management app that will merge well with your business ecosystem to enhance your business operations.
Choose an inventory management solution that is scalable and can grow with your business. If your store begins to take on an increased number of orders, the app must be able to handle it without providing inaccurate data or crashing.
Reviews are one of the best ways to assess the quality of a solution. Therefore, before choosing an inventory management app for Shopify, always check its reviews from other users to learn more about its drawbacks and capabilities.
If you are looking for an all-around solution for your Shopify store, you can use a solution like Veeqo, which offers a unified platform for managing inventory, warehouse operations, and orders. However, if you would like to look for strictly inventory management tools, resort to highly rated tools such as Back In Stock, Stock Sync, ReStock, and Connected Inventory. These apps are some of the best solutions for managing, alerting, and notifying inventory.
Saveen Kumar is the Founder of ShipEak.com, an AI-powered Logistics Intelligence Platform helping Ecommerce, D2C, SMBs, and enterprises automate shipping,...
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