Best Amazon Inventory Management Tools

06 September 2024
Ben Mathew

Efficient inventory management is highly essential to scale and maximize profitability for Amazon FBA sellers. Stockouts, overselling, and delays in fulfillment lead to poor performance of the business due to lost sales opportunities and even suspension of the account. This is where inventory management tools play an important role in helping one cross such hurdles.

Why Inventory Management is Crucial for Amazon FBA Sellers?

Overstocking ties up capital, while stockouts result in missed sales and a drop in ranking on Amazon. Delayed fulfillment may mean negative feedback and account suspension.

Inventory management software minimizes these risks by automating processes, actively tracking stock, and enabling better decisions using real-time data. Such tools coordinate inventories across multiple sales channels to help the seller avoid overselling and keep the operation cycle smooth across various platforms like Amazon, eBay, and Shopify.

Key Features to Look for in Amazon Inventory Management Tools

Automation➡️Multi-channel Support➡️Real-time Data➡️Forecasting➡️Ease of Use

Top Amazon Inventory Management Tools Overview

Extensiv (formerly Skubana)

Extensiv provides a comprehensive omnichannel fulfillment platform that connects brands, merchants, and third-party logistics (3PL) providers. Their solutions are designed to create a flexible and reliable fulfillment network, integrating warehouse management, inventory control, order management, and more. Extensiv’s cloud-based platforms enable real-time management of logistics, helping businesses streamline operations and scale effectively across multiple channels.

Best for

Rating

9.1/10

SoStocked

SoStocked is a fully customizable Amazon inventory management and forecasting software, designed to eliminate manual work and reduce stockouts or over-ordering. Built with input from top Amazon sellers, SoStocked provides advanced forecasting tools, multi-location management, and features that sync inventory with marketing efforts. Its intuitive dashboard allows sellers to track KPIs, manage safety stock, and optimize order timing. The platform is highly adaptive, providing flexibility in forecasting algorithms and integrating with multiple sales channels and marketplaces.

Best For

SoStocked is ideal for Amazon sellers who need precise, customizable inventory forecasting, especially those managing multiple locations and channels. It’s best for sellers aiming to eliminate stockouts, manage seasonality, and streamline inventory management.

Rating

9.3/10

Linnworks

Linnworks is an all-in-one platform that offers full inventory management, order processing, warehouse management, and shipping orchestration for eCommerce businesses. It centralizes operations across multiple sales channels, allowing for seamless inventory synchronization, stock forecasting, and reporting. Linnworks is especially effective for businesses scaling across multiple marketplaces, offering tools to optimize sales and streamline fulfillment processes.

Best For

Linnworks is best suited for multi-product and multi-channel eCommerce sellers, including those using Amazon FBA. It is ideal for businesses in sectors like consumer electronics, fashion, and automotive that require efficient inventory management and streamlined shipping coordination across multiple platforms.

Rating

9/10

Sellbrite

Sellbrite is a multi-channel listing and inventory management software, now part of GoDaddy, designed to help eCommerce sellers list products, sync inventory, and fulfill orders across multiple marketplaces. It offers one-click integrations with popular platforms such as Amazon, eBay, Etsy, Walmart, and Shopify. The platform is ideal for small to medium-sized businesses seeking to manage multi-channel operations from a single interface, with real-time inventory syncing to prevent overselling.

Best For

Sellbrite is perfect for small to medium-sized businesses looking to expand across multiple eCommerce channels while managing inventory and orders efficiently. It’s especially suitable for businesses processing fewer than 30 orders per month, as it offers a free plan.

Rating

8.8/10

Veeqo

Veeqo, an Amazon company, offers an all-in-one shipping and inventory management solution tailored for high-volume eCommerce sellers. It provides real-time order management across multiple sales channels, automatic inventory synchronization, and access to the lowest commercially available shipping rates from major carriers like UPS, USPS, FedEx, and DHL. Veeqo’s platform is designed to streamline shipping, order fulfillment, and inventory management, making it a cost-effective choice for businesses of all sizes, especially those shipping large volumes.

Best For

Veeqo is ideal for high-volume sellers looking to integrate multi-channel sales with robust shipping and inventory management tools. It's perfect for businesses needing advanced shipping solutions, Amazon seller protections, and automated inventory syncing.

Rating

9.2/10

Expandly

Expandly is an all-in-one SaaS platform designed to help eCommerce businesses expand globally by simplifying multi-channel management. The platform offers centralized order viewing, real-time inventory synchronization, and streamlined global shipping. It integrates with popular marketplaces, accounting systems, and shipping carriers, providing a unified solution for global growth. Expandly also supports VAT, customs, and freight forwarding services, making it an ideal choice for businesses looking to enter new markets with ease.

Best For

Expandly is best suited for small to medium-sized eCommerce businesses seeking cost-effective global expansion. It is ideal for sellers who want centralized management of multiple sales channels, real-time inventory syncing, and seamless integration with accounting systems like Xero.

Rating

8.7/10

Brightpearl

Brightpearl, part of the Sage Group, is a retail operating system built for multi-channel merchants and wholesalers. It automates complex tasks like order fulfillment, multi-location inventory management, shipping, and accounting, helping businesses save time and reduce errors. With real-time sales forecasting and a powerful automation engine, Brightpearl provides merchants with the tools they need to streamline operations, boost efficiency, and focus on growth. Its seamless integration with popular eCommerce platforms and accounting systems makes it a robust solution for scaling businesses.

Best For

Brightpearl is ideal for growing eCommerce retailers and wholesalers managing multi-channel sales, large inventories, and complex fulfillment operations. It’s best suited for businesses that need automation to handle high order volumes and improve operational efficiency.

Rating

9.3/10

Rating System for Tools

How to Choose the Right Tool for Your Business

To get the right inventory management tool for your business, you need to know what to look for. Here’s some added advice!

Business Size

Smaller businesses may lean toward more affordable, easy-to-use options like Sellbrite or Expandly, which provide essential multi-channel capabilities without overwhelming complexity. On the other hand, enterprise-level companies dealing with large-scale operations might benefit from feature-rich platforms such as Brightpearl or Extensiv, both of which offer comprehensive inventory management, warehouse control, and automation features.

Sales Channels

If you're anticipating rapid business growth, tools like Extensiv or Veeqo offer excellent scalability. These platforms can handle increasing order volumes and more complex operations as your business expands.

Budget

For growing businesses seeking cost-effective solutions, Expandly is a budget-friendly option that provides solid inventory management capabilities without breaking the bank. Meanwhile, those prioritizing precision in inventory forecasting and replenishment might find SoStocked to be the ideal fit with its customizable tools tailored for accuracy.

Conclusion

In summary, Extensiv and Brightpearl are top picks for larger, multi-channel businesses. Sellbrite and Veeqo cater well to smaller sellers, while SoStocked and Forecastly are best for advanced forecasting. Linnworks and Expandly shine with multi-channel management on a budget.

If you need personalized guidance or help fine-tuning your strategies, Superfuel AI can assist. Our AI-powered assistant analyzes 36+ key Amazon metrics to identify and address the root causes of sales fluctuations, helping you optimize your storefront and boost sales. Reach out to us at [email protected].

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Ben Mathew, Amazon Expert

Ben Mathew is a co-founder at Superfuel, a sales assistant for Amazon sellers. In the past, Ben and his team of e-commerce specialists and software engineers have launched 40+ new brands on Amazon, taking them from zero to bestsellers. In his free time, he is either learning from other top sellers or encouraging his 3 daughters in their love for reading. He is reachable at ben [at] superfuel.io.