Cloud-Based Inventory Management: 09 Best Software In 2024

Table of Contents

Last Updated: April 2024

As we step into 2024, implementing cloud-based inventory management solutions has become a necessity to streamline your operations, enhance efficiency, and gain a competitive edge. 

In this dynamic digital transformation era, the cloud offers a versatile and scalable platform that empowers you to optimize your inventory processes like never before. 

By addressing the issues of overstocking and understocking, you can achieve a significant 10% reduction in inventory costs. To help you navigate this realm of possibilities, we’ve compiled a list of the 9 best cloud-based inventory management software options for 2024. 

Join us as we explore these cutting-edge solutions designed to revolutionize how businesses manage their inventory in the digital age.

1) Linnworks

cloud-based inventory management

Rating: 4.3/5

Pricing: Offers free demo.

Linnworks is an advanced cloud-based inventory management solution tailored for multi-channel selling. Its standout feature includes a robust stock forecasting tool that leverages historical sales data for precise inventory replenishment and future demand predictions.

Key features

    • Multi-Channel Integration: Seamlessly connect and manage your inventory across various sales channels, including e-commerce platforms and marketplaces.
    • Order Management: Efficiently handle orders from multiple channels in one unified interface.
    • Inventory Tracking: Gain real-time visibility into your inventory levels.
    • Reporting and Analytics: Access insightful reports and analytics to make data-driven decisions and optimize your inventory strategy.

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2) SkuVault

Rating: 3.7/5

Pricing: Connect with their expert team for a demo.

SkuVault, tailored for eCommerce and multi-channel merchants, serves as a cloud-based inventory management system. 

It handles the tangible inventory within your warehouse or store, employing real-time data to synchronize seamlessly with your online marketplaces, including Amazon, eBay, Magento, Shopify, and more. 

Key features

    • Real-time Inventory Tracking: SkuVault provides real-time tracking of your physical inventory, ensuring accurate stock levels and preventing stockouts or overstock situations.
    • Multi-Channel Integration: It seamlessly syncs with various online marketplaces such as Amazon, eBay, Magento, Shopify, and more.
    • Barcode Scanning and Quality Control: Incorporates barcode scanning and quality control processes to reduce errors in order picking and shipping.

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3) Acumatica

Cloud-based inventory management

Rating: 4.4/5

Pricing: Tailored pricing according to your needs.

Acumatica’s Cloud-based Inventory Management empowers you with real-time tracking, multi-warehouse support, advanced analytics, and seamless integration with other vital modules. 

Key features

    • Real-time Inventory Tracking: Acumatica provides real-time visibility into your inventory levels and transactions.
    • Multi-Warehouse Management: It allows you to efficiently manage inventory across multiple warehouse locations.
    • Advanced Reporting and Analytics: Offers robust reporting and analytics tools, enabling you to gain insights into inventory performance, demand forecasting, and cost analysis.
    • Integrated with Other Modules: Integrates with other modules of the Acumatica Cloud ERP, such as order management, procurement, and financials.

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4) Odoo Inventory

Rating: 4.5/5

Pricing: Get started for free; contact Odoo for pricing.

Odoo Inventory stands out as a cloud-based inventory management solution by seamlessly merging vital inventory control features with comprehensive business operations. 

Its strong suite of real-time tracking functionalities guarantees precise stock monitoring across various sites. Additionally, it diminishes manual errors through the incorporation of barcodes and the automation of everyday tasks.

Key features

    • Real-time Inventory Tracking: Odoo Inventory offers real-time tracking of inventory across multiple locations, providing accurate visibility into stock levels and movements.
    • Barcode Integration: Simplifies inventory management by incorporating barcode scanning, reducing errors, and improving efficiency.
    • Multi-location Support: If you have multiple warehouses or locations, it allows for centralized control and efficient stock management across different facilities.
    • Automation of Routine Tasks: The software automates routine inventory tasks, such as stock replenishment and order processing.

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5) Zoho Inventory

zoho inventory

Rating: 4.3/5

Pricing: Offers a free plan, paid plans start from $59/month. 

Zoho Inventory offers comprehensive inventory management software designed to help businesses of all sizes streamline their inventory operations. It offers a range of powerful features to simplify inventory tracking, order fulfillment, and more. 

Key features

    • Multi-Channel Sales Management: Manage your sales across various channels, including e-commerce platforms, marketplaces, and brick-and-mortar stores, from a single platform.
    • Real-time Inventory Tracking: With real-time tracking, you can monitor stock levels accurately, reduce the risk of stockouts or overstocking, and make informed decisions about reordering.
    • Order Management: Create, edit, and fulfill orders efficiently. Furthermore, it integrates with shipping carriers to streamline the shipping process.
    • Inventory Optimization: Zoho Inventory provides insightful reports and analytics to optimize inventory levels, and reduce carrying costs.

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6) Sage X3

cloud-based inventory management

Rating: 4.2/5 

Pricing: Custom

Sage X3 Inventory Management empowers you with the tools you need to streamline your inventory processes, reduce costs, and enhance overall operational efficiency.

Key features

    • Multi-Location Inventory: Sage X3 allows you to manage inventory across multiple locations, providing a centralized view of stock levels, movements, and demand.
    • Real-time Visibility: Get real-time tracking of inventory, enabling you to monitor stock levels and transactions, minimizing the risk of stockouts and overstocking.
    • Advanced Analytics: Sage X3 provides insights into your inventory performance, forecast demand, and optimize procurement and replenishment strategies.
    • Integrated Supply Chain Management: This system seamlessly integrates with other modules within Sage X3, such as financials, manufacturing, and sales, etc.

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7) inFlow inventory

Rating: 4.2/5

Pricing: Offers a 14-day free trial; paid plans start at $89/month.

inFlow Inventory provides visibility into your stock levels and item locations, aiding in inventory planning. Additionally, the software offers a valuable feature known as the reorder point, which alerts you when a specific product line approaches a predefined inventory threshold. 

Key features

    • User-Friendly Interface: inFlow Inventory Management boasts an intuitive and user-friendly interface, making it easy for you to navigate and efficiently manage inventory operations.
    • Inventory Tracking: Monitor stock levels, item locations, and order statuses with precision, enabling accurate decision-making and efficient order fulfillment.
    • Reorder Point Alerts: inFlow Inventory includes a valuable reorder point feature that alerts users when a product line reaches a predetermined inventory level. 
    • Inventory Reporting and Analysis: The software offers a range of customizable reports and analytics tools, enabling you to gain valuable insights into your inventory performance, trends, and forecasting.

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8) Fishbowl Inventory

cloud-based inventory management

Rating: 4/5

Pricing: Starts from $329/month.

Fishbowl has gained a strong reputation for its ability to improve workflow and process control significantly. 

It provides a wide range of tools and functionalities designed to simplify tasks related to inventory, such as order management, manufacturing, procurement, and warehouse management. 

Key features

    • Multi-Location Inventory Control: Manage inventory across multiple locations, providing a centralized view of stock levels, movements, and demand.
    • Advanced Inventory Tracking: The software offers real-time inventory tracking, enabling you to monitor stock levels, transactions, and order statuses.
    • Order Management: Simplifies order processing with features for creating, editing, and fulfilling orders efficiently. 
    • Inventory Analytics and Reporting: Fishbowl provides robust reporting and analytics tools, offering insights into inventory performance, demand forecasting, and procurement strategies.

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9) Cin7 Omni

cloud-based inventory management

Rating: 4.3/5

Pricing: Begins at $349/month with a 14-day free trial.

Cin7 ensures seamless connectivity between your B2B sales channels and well-known B2C marketplaces, facilitating the efficient buying, selling, and scaling of inventory operations.

If you’re a B2B seller, Cin7 offers an extensive selection of third-party stores and marketplaces to link with. It helps to strategically place your products in locations where they can gain maximum visibility among potential buyers.

Key features

    • Multi-Channel Integration: Cin7 Omni seamlessly integrates with various sales channels, including e-commerce platforms, marketplaces, and physical stores.
    • Real-time Inventory Visibility: The platform offers real-time tracking of inventory levels, enabling you to monitor stock availability accurately and prevent stockouts or overstocking.
    • Advanced Order Management: Cin7 Omni simplifies order processing and supports various order types, including B2B and B2C, ensuring efficient order handling.
    • Analytics and Reporting: The platform provides powerful analytics and reporting tools, allowing businesses to gain insights into their sales performance, demand forecasting, and inventory optimization.

That concludes our list of 9 best Cloud-based inventory management tools in 2024. Now, before you leave this page, imagine if we could introduce you to a tool that not only simplifies the management of reviews but also enhances your customer service.

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Key features

    • Simplified Customer Support: Saufter offers tools for chat and email assistance, as well as automating feedback requests to measure customer satisfaction.
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    • Multi-channel support: Saufter caters to a wide array of customer support channels, including email, live chat, social media, phone, and self-service options.

Conclusion

In conclusion, the selection of the top 9 cloud-based inventory management software options for 2023 offers a diverse range of tools to enhance your operations. 

From small startups seeking cost-effective solutions to large enterprises in need of advanced analytics and scalability, these platforms cater to various needs. So take your time to review each software and choose the one that best suits your unique needs. 

Additionally, for powerful, automated customer support capabilities, consider Saufter. It’s specifically designed to address the distinct requirements of E-commerce and SaaS companies.

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