To succeed on Amazon, you must have an organized inventory system. Amazon will rank the listing with which inventory is more adequate to the front.
Fortunately, there are plenty of e-commerce tools that you can use to set up an inventory system. All these tools are extremely vital to streamlining your Amazon store and ensuring you never run out of stock.
|No.||Amazon Inventory Tool||Pricing||Online platform||Amazon marketplace||Features|
|1||RestockPro||Free Trial||Online platform||US, IT, FR, CA...||RestockPro works by converting FBA data into high quality inventory intelligence. It allows better monitoring of sales velocity, expected margins, competitive listings etc.|
|2||Teikametrics||Free Demo||Online platform||US, UK etc.||Features sponsored ad management, review management, re-pricing, inventory reports, profitability analysis etc.|
|3||Orderhive||Free Trial||Online Platform||US, UK, CA, IN, MX, ES and DE||The main features are order automation across all sales channels, centralized inventory management and real-time performance tracking.|
|4||tradegecko||From $39 per month||Online Platform||US, UK, CA etc.||It automates backordering, controls stock in several locations and helps to manage purchase orders and sales in one online platform.|
|5||Inventory Lab||From $49 per month||Software||US, UK, etc.||Key features include product scouting in real-time, listing management, accounting, and comprehensive reports.|
|6||Sellbrite||From $220 per month||Online Platform||US, UK etc.||Sellbrite offers intuitive product listing management, FBA ready, variation control, inventory sync, international exposure, unlimited scalability and smart reports.|
|7||shopkeeper||From $20 per month||Online Platform`||US, UK etc.||It features a straightforward business dashboard with inventory levels, sales tracking, seller watch, learning resources and a handy to-do-list.|
|8||Stitch Labs||Free Demo||Online platform||US, GE, ES, FR, UK...||It provides full inventory control, complex order fulfillment, multiple channel growth, improved transparency and accurate forecasting|
|9||SellerActive||From $299 per month||Online platform||CA, US, UK.||SellerActive offers more visibility for maximized margins, continuous re-pricing with no hidden fees.|
|10||Manage By Stats||From $39.97 per month||Online platform||US, UK etc.||This web platform shows important metrics for your amazon business, including smart predictions and alerts based on real stats.|
|11||appath||30 day full access||Online platform||UK, US, etc.||Appath is a cloud solution that features drop shipping, multi-warehousing, inventory sync and many others.|
|12||ecomdash||Pricing starts at $50 per month||Online platform||US, UK||It features amazing support, multiple sales channels, inventory automation, free upgrades, data syncing and an informative dashboard.|
|13||skubana||Request Demo||Online Platform||US, CA, DE, ES, FR, IN, IT, JP, MX, UK.||Skubana is an enterprise-level cloud technology inventory management solution with scalable pricing, multiple warehouse management, easy integration, intelligent analytics and automation.|
|14||Forecastly||From $40 per month||Online platform||US, UK, CA and MX.||Forecastly is a real time online platform that features a clear outlook of sales rankings, provides monthly inventory snapshots and offers inventory automation.|
|15||Brightpearl||Request Demo||Online platform||US, UK, FR etc.||Brightpearl simplifies inventory management with its flexible cloud based system that controls complex inventories, manages smart reordering and sales channels integration.|
|16||Sellics||From $77 per month||Software||US, UK and etc.||Sellics provides a powerful Amazon inventory management system that includes ranking optimization, product research, competitor monitoring, review management and PPC manager.|
|17||Sellerexpress||£300 per month||Online Platform||UK, US, DE, FR, CA and JP||Key features include creating Amazon listings, multi-variation support for products, bulk export/import, currency conversion, order processing and inventory sync.|
|18||Fishbowl||Free Trial||Software||US, UK etc.||Fishbowl provides an integrated shopping cart, drop shipping, import and export scheduling, synchronizing product listings and order fulfillment.|
|19||Solid Commerce||$399 per month||Online Platform||UK, US etc.||Solid Commerce centralizes your inventory management system in one place and provides automated re-pricing, streamlined listing and inventory history among others.|
|20||Linnworks||From $200 per month||Online Platform||US, UK, DE etc.||Linnworks drastically simplifies listing, provides convenient stock control, fast order and shipping management, vast customization options and smart reporting features.|
|21||Contalog||From $99 per month||Online Platform||US, UK etc.||It features single click inventory sync, measurable sales insights and offers potential for improving your product portfolio once you know client demands well.|
If you are entering the Amazon market, you must be aware of these inventory issues that you are bound to face:
- Increased order volume, which makes manual processes inconvenient
- Quicker depletion of inventory
- Higher volume of orders will mean more complex strategies for fulfillment
- Poor performance will result in account suspension by Amazon
Ultimately, the opportunity costs of mishandled inventory are quite huge. Customers on Amazon expect 100% availability as well as fast delivery.
You must provide these two essential elements, otherwise the customers will get another seller who can fulfill their expectations. Except a comprehensive Amazon inventory management system that ensures you don’t lose any business, you will need some other Amazon seller tools too.
It is worth noting that this particular app only works with FBA data. Nevertheless, it has smart inventory tools that help you track sales velocity, expected margins, create competitive product listings and so much more. It also makes recommendations on your supply-chain actions, sending out timely alerts regarding what quantity is needed and when to reorder.
This app specializes in FBA (Fulfillment by Amazon) and it helps Amazon sellers in developing and executing smart inventory systems. Their features include re-pricing strategies to compete smarter, valuable sales velocity and sales ranks insights, as well as product scouting to grow your inventory.
Teikametrics also sorts out restocking opportunities based on expected profits to achieve smarter restocking, reduce stock-outs and increase profits.
Orderhive for Complete control of Inventory
Orderhive is the most real-time & perfect order, shipping and inventory management software. It brings multi-channel operations onto one dashboard, helps sellers maintain inventory logs and track shipments on-the-go. You can also automate mundane order processing tasks within orderhive.
Inventory management within orderhive is precise, till the last bin, and shipping tracking is done till the last mile. Integrating with 300+ different integrations including marketplaces such as amazon, storefronts, payment gateways, CRMs, shipping & tracking softwares and many more, Orderhive is the number 1 choice for 2500+ retailers across the globe for managing their inventory.
Orderhive helps you avoid underselling or over selling, improves the efficiency of your operational teams, and provides you accurate reports that can help you forecasting and purchasing new products.
4. Stitch Labs
Stich Labs works by automating, streamlining and centralizing multichannel operations and inventory into one platform. This provides retails the control, visibility, insight and collaboration needed for scaling growth and increasing profitability.
This Amazon inventory management software is easy to use and comes with some great features. Most notably, the Profit Dashboard enables you to see real-time profits you are making on Amazon. Using the PPC Manager, you can easily optimize your campaigns and minimize your sales costs.
With Stratify from InventoryLab, you can research products, list your items competitively, keep track of your expenses and better handle your inventory. There are also comprehensive reports to allow you to see what suppliers, categories and products are most profitable.
Additionally, this app is also available on mobile devices, which means you can source your inventory on the go.
Ecomdash is an automated inventory management solution for Amazon sellers selling on several channels.
It works by unifying inventory, listings, sales orders and shipping requirements from all seller tools and places them in a single convenient location. By using data sync in real time, this e-commerce automation solution allows users to sell even more products across multiple channels.
SellerActive is targeted towards helping mid-sized and small businesses manage their inventory better, particularly on the Amazon market. It has a user-friendly experience thanks to its simple web-based dashboard that acts as a comprehensive sales management website.
Forecastly is designed to help you streamline operations and effectively boost your Amazon sales. It uses proprietary algorithms to simplify the FBA replenishment process, thus reducing stock-outs and enhancing profitability.
10. Manage By Stats
If you are tired of using Excel to manage your inventory, then you should consider checking out Manage by Stats. It is much more intuitive than excel in that it offers accurate forecasts of future demands that enable you to avoid the nightmares of running out of stocks.
Appath offers a multichannel Amazon inventory management solution in a straightforward centralized location. It can work with most e-commerce stores from Amazon and eBay to Newegg and Shopify among others.
The app updates your inventory quantities once an order is placed on any selling channel. This ensures the stock is always synchronized so that those items are not oversold, leading to issues with clients.
A very important characteristic of a successful retail business is having enough products for your customers. In fact, you should not be too proud of having the “sold out” tag plastered on your product image. By correctly managing your inventory, it means that clients will be served quickly without waiting for you to restock.
All the inventory tools listed above are specifically designed for the Amazon marketplace and should make your online retail shop more profitable.
Be sure to choose the right inventory management solution that fits your needs. If you are looking for a comprehensive guide to multi-channel inventory management, we recommend an article by Jazva, a good source of information about the multi-channel game and inventory management.