10+ Best Retail Inventory Management Systems for Retailers (Free & Paid)

The retail industry is diverse, with many products having a short shelf life. Managing every item in a rack across multiple stores creates room for errors. But digital technologies have made inventory management more effortless. Retailers can track goods and expiry dates and reorder across numerous locations using a cloud-based retail inventory system. Moreover, when holidays or festivals are nearby, inventory management systems can send low-stock alerts for the trending products and goods so retailers can rearrange stock to ensure seamless product and goods delivery. The best thing about it is that retail inventory management software today integrates with other supply chain tools like CRM, SCM, and logistics to handle things smoothly. There are many feature-rich retail inventory management software available in the market. Choosing one from them can be tricky. Therefore, we have curated the list of top inventory management software to ease things up for small retail businesses.

best-retail-inventory-software

» Our score is based on user satisfaction (reviews & ratings), social media buzz, online presence, and other relevant information. If your software is part of this list, use this badge on your website and social media to let your readers know about your success.

List of Retail Inventory Management Tools For Retail Stores | Inventory Software For Retail Store

#1

Lightspeed Retail

#1

Lightspeed Retail

Inventory tracking software built to empower retailers

Lightspeed Retail's inventory management software is one of the best in the industry. The software is easy to use, has powerful features and automation, and allows for full control of inventory at any location. Lightspeed Retail provides a comprehensive set of products and services to manage all retail store operations, including inventory management, pricing, profitability analysis, store performance reporting, and more. The company's products are used by over 2,000 retailers across the globe.
  • Lightspeed
  • Canada
  • 1000+
  • 2012
  • $79.00 /month
  • Yes

Visit Website

4.2 / 5

Our Score98/100

Lightspeed Retail Review

"We brought Lightspeed in to do inventory, to do losses, to do analytics, to make sure everything is crossed with each other. It’s the only way to keep track of everything. Doing it by paper, you never know what you’re making." - Logan Elliott

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#2

NetSuite

#2

NetSuite

Automate inventory management, reduce handling costs, optimize cash flow

NetSuite has a brilliant inventory management system which can be the perfect solution for managing your inventory across multiple locations or stores. Some of its features include traditional inventory, digital inventory, perpetual inventory, and customizable reports. NetSuite's Inventory Management Systems will provide your company with valuable data on your entire business which can be compared to the market average. It has an integrative development kit that allows for quick customization so your business will stand out from the crowd and capture consumer attention easily.
  • Oracle
  • United States
  • 1000+
  • 1977
  • Not provided by vendor
  • No

Visit Website

4.1 / 5

Our Score98/100

NetSuite Review

"I needed an inventory management system where everything is traceable. In NetSuite, I can see related records and every activity associated with a particular order — at the detail level — for auditing. Now we have valid, documented steps of what happened [with any given order]." - Melvin Rodriguez

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#3

iVend Retail

#3

iVend Retail

Best Retail Inventory Management Software

iVend Retail is one of the best retail inventory systems that is being used by retailers for managing their daily operations for maintaining accurate and timely information about their inventory. The system includes a cloud-hosted, mobile-friendly self-service platform. It also includes a robust dashboard of reports that allows managers and supervisors to stay up-to-date with pertinent, real-time data. iVend Retail comes with a module that enables users to access reports and perform store operations. Users are then allowed to update the product information directly from the self-service interface.
  • CitiXsys
  • United States
  • 200 - 500
  • 2002
  • Not provided by vendor
  • No

Visit Website

3.9 / 5

Our Score98/100

iVend Retail Review

"iVend Retail along with WLM Software has helped us to build a retail business system for managing our business sophisticatedly and with ease. The intuitive and interactive interface of iVend Retail has reduced transaction time and eased the overall inventory management. We will soon integrate our eCommerce portal with iVend Retail."Claudia Prinsloo

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#4

Katana ERP

#4

Katana ERP

Simplify the management of all your business processes while cutting back on admin time and waste.

Katana ERP's inventory management system is designed to automate and control the cost-intensive aspects of running a manufacturing company, warehousing company, distribution company, or any other type of enterprise with an inventory. It provides all the inventory management tools and functions you need to track everything from purchase orders to shipments from your suppliers. Its powerful integration capabilities make it easy for your business partners to update shipment information and monitor order status as well.
  • Katana Technologies
  • Estonia
  • 50 - 200
  • 2016
  • $99.00 /month
  • Yes

Visit Website

4.7 / 5

Our Score98/100

Katana ERP Review

"With Katana, we can more effectively see and follow inventory levels, and have recipes and bills of materials (BOMs) for our manufactured products that let us follow the manufacturing status throughout the whole production cycle." - Richie Duncan

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#5

Brightpearl

#5

Brightpearl

Complete Inventory Management System

Brightpearl's inventory management tools is a cloud-based inventory management software that helps you track all of your inventory, whether it's for your physical store or website business. Regardless of what industry or sector you are in, Brightpearl has a tool to help automate the process and keep your operations efficient and compliant with company policy at every step of the way - from ordering stock to renewing monthly reports. It has the best tools for any e-seller or retailer who wants to protect their brand investment and accomplish all the processes necessary for long-term success with automated solutions.
  • Brightpearl
  • United States
  • 50 - 200
  • 2007
  • Not provided by vendor
  • No

Visit Website

4.4 / 5

Our Score98/100

Brightpearl Review

"Brightpearl’s automated inventory management has ensured we have enough stock in the right locations to meet demand, whilst the reporting intelligence has proved invaluable when making purchasing decisions on different lines of stock." - Sarah Watson

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#6

Veeqo

#6

Veeqo

Sync up your inventory everywhere you sell

Veeqo is an Inventory management software that is one of the easiest, most effective, and most comprehensive solutions available in the market today. They have a wide range of features that apply to all businesses with inventory, whether you are opening a grocery store or an Amazon Fulfillment Center. With Veeqo you can be assured that your company will be able to provide its customers with the best possible service through the use of inventory management software which is designed for all your needs and requirements.
  • Veeqo
  • United Kingdom
  • 50 - 200
  • 2013
  • Not provided by vendor
  • No

Visit Website

4.1 / 5

Our Score97/100

Veeqo Review

"We have been using Veeqo Since 2018. We use multiple marketplaces (eBay, BigCommerce, Amazon, etc.), and Veeqo provides the perfect solution for our inventory management needs." - Ravi Panghat

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#7

Unleashed Software

#7

Unleashed Software

Powerful Inventory Management Software

Unleashed Software's powerful inventory management solution helps you manage your product or project assets effectively. The software was built with ease of use and automation in mind, allowing users to save a significant amount of time. It has a straightforward interface and is delivered on the cloud. This can be a powerful tool for those managing either single items or hundreds simultaneously!
  • Unleashed Software
  • New Zealand
  • 50 - 200
  • 2009
  • $349.00 /month
  • Yes

Visit Website

4.4 / 5

Our Score97/100

Unleashed Software Review

"Unleashed being cloud-based just gives the ability to be on the road and be active and live at any one point." - Neil Thomson

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#8

Syncron Inventory

#8

Syncron Inventory

Retail Inventory Management (RIM) Software & Solutions

Syncron Inventory is the best retail inventory system in the market which offers a fully customizable system to suit your business needs. We have created an inventory management software that features an intuitive and user-friendly interface, Fast loading time, even on low specs computers. A warehouse management system that allows you to easily track your stock. An optimized checkout process with a one-page checkout form for online stores. It features Unlimited users, products, vendors, locations, and currencies. Plus many more advanced features!
  • Syncron
  • United States
  • 500 - 1000
  • 1995
  • Not provided by vendor
  • No

Visit Website

0 / 5

Our Score96/100

Syncron Inventory Review

"With better inventory visibility and control across each stocking location, we’re able to more accurately forecast demand for service parts and react much faster to changes in demand and market conditions." - Chris Buckler

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#9

Zoho Inventory

#9

Zoho Inventory

Online inventory management software for growing US businesses

Zoho Inventory is an inventory management software company that optimizes inventory management processes. The software is easy to use, and the features are robust enough for all types of businesses with large inventories. Many businesses lose out on potential sales because they run out of products that have been purchased by their customers but are not yet in the warehouse to fulfill an order. With Zoho Inventory, you can better manage your inventory flow and prevent these unnecessary losses by creating a product shortage report and a reorder alert to notify you when it's time to buy more stock.
  • Zoho
  • United States
  • 1000+
  • 1996
  • Not provided by vendor
  • Yes

Visit Website

4.5 / 5

Our Score98/100

Zoho Inventory Review

"Zoho Inventory is an amazing product and has helped us get immediately organized with our inventory needs. What I love about it is the ease of use." - Shaun Searle

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#10

KORONA POS

#10

KORONA POS

Inventory Management for Retail

KORONA POS has effective inventory management tools which allow you to monitor levels, forecasts, and requirements in real time. The inventory management software can help to increase efficiency, reduce costs and provide accurate data for future planning. The real-time level reports provide daily, weekly and monthly estimates with total inventories based on a master level. KORONA POS can also automatically track and charge costs against specific products or SKUs. Users can create invoices under these SKUs with different currencies and billing options, such as sales tax and delivery fees as applicable.
  • COMBASE
  • United States
  • 11 - 50
  • 2011
  • $49.00 /month
  • Yes

Visit Website

4.7 / 5

Our Score96/100

KORONA POS Review

"I can’t say enough good things about KORONA. Time is money, efficiency is money, consistency is money. KORONA has efficiency, consistency, and all the things we to not cost us extra money. It has been the best money we’ve spent in our business. Period. We know that other solutions that are popular in the industry do not provide that. So if you’re actually looking for consistency, real traceability, and state compliance, KORONA is the only thing." - Steve Lee

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#11

Vend

#11

Vend

Powerful inventory management software made easy

Vend is a cloud-based inventory management solution that builds inventories based on real-time data by syncing with eCommerce platforms and marketplaces. Vend eliminates manual and error-prone tasks while increasing accuracy, transparency, and profitability. The Inventory management software is compatible with any size business—or even self-employed freelancers—and simplifies inventory management so it can be done in minutes a day from your desktop or mobile device.
  • Lightspeed
  • Canada
  • 1000+
  • 2012
  • $69.00 /month
  • Yes

Visit Website

4.2 / 5

Our Score98/100

Vend Review

“Vend has made an impact in various areas, particularly in stock management. We’ve saved a tonne of time by setting up reorder points meaning Vend automatically generates a list of exactly what we need to reorder.” - Jonathan Franco

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Affordable

#12

Shopventory

#12

Shopventory

Smarter Business, Simpler Inventory

Shopventory is an inventory management software company that helps companies manage inventories, pricing, and more. Shopventory is a full inventory management software that allows you to track all your inventory details, manage products, add new products, and much more. Shopventory can also help you generate invoices and reports such as sales reports, orders, expenses, shipment tracking, etc. You can also track the stock levels for your products so that you can know when orders will arrive when they should be shipped or even when it’s time to reorder stock.
  • Shopventory
  • United States
  • 11 - 50
  • 2013
  • $99.00 /month
  • Yes

Visit Website

4.8 / 5

Our Score97/100

Shopventory Review

"Shopventory is AMAZING it links everything and keeps my inventory very organized. The best part is the support received. There is always someone one click away." - Carrie Wilson Makeup

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#13

InventoryCloud

#13

InventoryCloud

Inventory management software that makes running your business easier.

InventoryCloud's inventory management software is the most effective way to achieve your inventory goals by taking the burden off of your hands. The goal is to simplify inventory management for all-size companies. It offers easy and intuitive software that allows the easy process of managing multiple lines, cost centers, accounts, products, customers, etc. The software is designed to help you improve your customer service as well as sales while increasing your profits.
  • Wasp Barcode Technologies
  • United States
  • 50 - 200
  • 1994
  • $595.00 /year
  • Yes

Visit Website

4.3 / 5

Our Score97/100

InventoryCloud Review

"Our employees are just happy to have a system that works all of the time. We would definitely recommend Wasp and InventoryCloud and already have to others in our industry. We all liked the consistency of InventoryCloud. It is always reliable." - Sean Ahern

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#14

Epicor Eagle

#14

Epicor Eagle

Powerful Retail Inventory Management Software

Epicor Eagle is a retail inventory system with a wide variety of features that help save time, maximize efficiency, and expand business opportunities. This inventory management software system can be used in almost any industry, such as retail, manufacturing, restaurants, distribution centers, and warehouse facilities. It helps companies reduce manual errors by helping with the tracking of parts and materials. With Epicor Eagle's inventory management system you can quickly manage your inventory from one location from a single screen or arrange for remote monitoring from multiple locations.
  • Epicor Software
  • United States
  • 1000+
  • 1996
  • $349.00
  • No

Visit Website

4 / 5

Our Score96/100

Epicor Eagle Review

“We’ve increased our year-to-date gross profit by 2.2 percent. In addition, our inventory value has been reduced by about 15 percent.” - Derek Ellis

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#15

Oracle Retail Merchandising

#15

Oracle Retail Merchandising

Expand Retail Merchandising with a foundation built for growth

Oracle Retail Merchandising is a retail inventory system that provides a number of inventory management capabilities such as the ability to place an order and view your order history, which can be filtered by date and product type. One of Oracle Retail Merchandising's features is the ability to track the progress of each item in your store. This is useful for managing inventory of consumable items such as toilet paper, food, or anything that has a finite life span such as flowers or clothing.
  • Oracle
  • United States
  • 1000+
  • 1977
  • Not provided by vendor
  • Yes

Visit Website

4.4 / 5

Our Score96/100

Oracle Retail Merchandising Review

"Oracle's proven leadership and state-of-the-art technologies allow us to serve customers better and improve the efficiency and effectiveness of our business. The agile partnership enables continuous innovation as our enterprise evolves." - John Hartmann

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#16

Square for Retail

#16

Square for Retail

Advanced Inventory Tracking

Square for Retail is a retail inventory system created by Square Inc, a provider of credit card processing hardware and software for businesses. It is another tool for companies to use in the expansion and efficiency of their businesses. The inventory system records items that need to be purchased, whether retail inventory or wholesale inventory, with each item with a stock number assigned to it. All items in the company are accounted for with this system because all employees that work on this task are involved in receiving goods from vendors and putting them into the storeroom which is then recorded as an entry into Square's system.
  • Square
  • United States
  • 1000+
  • 2009
  • Not provided by vendor
  • Yes

Visit Website

4.7 / 5

Our Score98/100

Square for Retail Review

"It's an entire ecosystem for us. To be able to use our Square Point of Sale data and also look at our customer behavior, their purchasing history, and then our marketing and loyalty -to have all of that communicate is essential for us to achieve our goals." - Wally Sadat

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#17

PLANERGY

#17

PLANERGY

A True Real-Time Inventory Management System

PLANERGY is another inventory management software that assists in order planning, stock control, and dispatching. The software automates inventory-related tasks by streamlining the ordering process and reducing the time taken to do stock checks. PLANERGY also provides a mobile app that allows field staff access to their workflows on their mobile devices. It is a cost-effective way for enterprises of all sizes to manage their businesses with greater efficiency and productivity.
  • Planergy
  • United States
  • 11 - 50
  • 2009
  • Not provided by vendor
  • Yes

Visit Website

4.6 / 5

Our Score96/100

PLANERGY Review

“We have way better control over our inventory. With the simplicity of Planergy and the reports they provide with their system, we have been able to easily identify supplies that are being overused (or discarded) in excess and tackle it before it becomes a problem. Needless to say, Planergy is the only inventory and ordering system we will ever use. I am just astonished at how much a good inventory system can do!” - Keya Somera

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#18

DEAR Systems

#18

DEAR Systems

Inventory management that’s seamless, easy and efficient.

DEAR Systems has inventory management software solutions to help you manage your inventory and staff effectively. The software calculates the capacity of your storage location, tracks labor costs, and provides you with accurate sales reports so that you know what is happening in real-time. DEAR Systems help you find any missing items so that you stay on top of your inventory and also helps you manage your stock levels and orders with ease
  • DEAR Systems
  • Australia
  • 50 - 200
  • 2012
  • $325.00 /month
  • Yes

Visit Website

4.3 / 5

Our Score98/100

DEAR Systems Review

"DEAR is the inventory brain of a business. Without knowing your inventory you’re really going to struggle to grow and grow at pace." - Sam Schumann

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#19

Sortly

#19

Sortly

Inventory Software Made Easy.

Sortly's inventory management systems are designed to give you the freedom and power to manage your inventory in a way that is better for both your business needs and your budget. The systems can help you track everything from warehouse inventories and expenses to production orders, supplier shipments, customer orders, delivery schedules, shipping labels, and more! It comes with features like a full suite of inventory and sourcing tools, order management tools, a multi-user interface, and much more.
  • Sortly
  • United States
  • 11 - 50
  • 2013
  • Not provided by vendor
  • Yes

Visit Website

4.3 / 5

Our Score98/100

Sortly Review

"Sortly is the best inventory software any business can have to keep track of items, arrivals, restocking and consumed items. I’m very satisfied and it is worth the investment. Thank you!" - Aida

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#20

SOS Inventory

#20

SOS Inventory

Inventory, Order Management & Manufacturing for QuickBooks Online.

SOS Inventory has a robust inventory management system that empowers our clients to work faster, smarter and safer. We help them do what they do best: get the job done. They have a unique inventory management software solution that is flexible enough to be used by anyone - from big box retailers to family-owned stores. You can retrieve detailed information about all inventory items, including expiration dates. It has a dynamic database to easily manage your workflow, which adds new functionality and enables you to scale up simply.
  • Saddle Oak Software
  • United States
  • 11 - 50
  • 2009
  • $49.95 /month
  • Yes

Visit Website

4.4 / 5

Our Score96/100

SOS Inventory Review

"SOS Inventory has been a real time saver & has allowed us to implement a robust process for inventory close each month, as well as timely information for our management." - Mitchell Nishi

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#21

Erply

#21

Erply

Grow your retail business with better Inventory Management

Erply's inventory management systems are a new way to keep track of your inventory and control your supply chain. It is a robust yet simple inventory software platform that communicates with numerous ERP systems including SAP, Salesforce, and the Microsoft solution. Erply's inventory management systems allow us to provide a unified solution to these complex projects so they can focus on their core competencies such as developing innovative solutions that drive value for their customers.
  • Erply
  • United States
  • 50 - 200
  • 2009
  • $29.00 /month
  • Yes

Visit Website

4.3 / 5

Our Score98/100

Erply Review

"I have so much better control over my inventory than I could have ever imagined. Being able to accurately see what sells and what doesn’t helps me keep my inventory selection lean but prevents us from running out of good sellers." - Jenna Wilson

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#22

SkuVault

#22

SkuVault

eCommerce Inventory Management Software For Growing Companies.

SkuVault is an inventory management software company that specializes in ERP and BI for the electronics industry. SkuVault’s inventory management software combines the power of enterprise-level tracking, reporting, and analytics with an intuitive design that gives retailers data at a glance. It provides retailers with business intelligence tools to provide accurate reporting of their sales and inventory data in both real-time and historical form. Its reporting tools allow retailers to see how their business is performing over time, drill down into specific SKUs or departments, or compare themselves against other retailers.
  • SkuVault Inc.
  • United States
  • 50 - 200
  • 2011
  • $329.00 /month
  • No

Visit Website

4.5 / 5

Our Score97/100

SkuVault Review

“SkuVault gave me the relaxation I needed. We can check inventory any time, anywhere, even when our factory is 12 hours ahead and we’re away.” - April Spring

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#23

Zebra

#23

Zebra

Know Every Move Your Inventory Makes in Real Time

Zebra's inventory management software is the fourth generation of inventory management software, and it's more robust than ever before. Zebra features a new user interface that is now more intuitive, as well as a modernized design that produces better shopping lists. Zebra has also teamed up with 3PLs to help them increase customer satisfaction and streamline their processes for increased efficiency. These 3PLs include Shipwire, Emptoris, and DHL/TNT.
  • Zebra Technologies
  • United States
  • 1 - 10
  • 1969
  • Not provided by vendor
  • No

Visit Website

0 / 5

Our Score97/100

Zebra Review

"Over the years, that’s how we’re going to work with Zebra to keep reducing the tasks we have to do in our stores, make our processes simpler and bring that information to associates so they can spend more time taking care of customers." - Rob Baker

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#24

Yellow Dog Inventory

#24

Yellow Dog Inventory

Retail inventory systems

Yellow Dog Inventory is the best inventory management software available which will save you time and effort. This software is a critical part of the operation for any business that relies on those products. It can help businesses track costs and avoid shortages or overstock. In this post, we’ll describe some of the benefits of inventory management software, as well as how to find the best one for your company's needs. It helps companies efficiently manage their inventory by tracking its cost, location, and availability on a real-time basis.
  • Yellow Dog Software
  • United States
  • 11 - 50
  • 2006
  • $99.00 /month
  • Yes

Visit Website

3.8 / 5

Our Score96/100

Yellow Dog Inventory Review

“One of the big things that sets Yellow Dog apart from other inventory solutions is their human element. They listen, fix, create, and expand on their customer needs.” - Amanda Reeves

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