Top 7 Inventory Tracking Software for 2024

Efficient inventory tracking isn’t just a luxury—it’s a necessity. For multichannel sellers, managing stock across platforms like Amazon, Shopify, and eBay requires precision and reliability.

Why does it matter?

Data shows that businesses using advanced inventory tracking software experience up to a 30% improvement in stock accuracy and reduce stockouts by 20% or more. As inventory issues are one of the leading causes of revenue loss in e-commerce, investing in the right tool is critical for success in 2024.

Let’s explore the top inventory tracking software options, along with actionable steps to integrate them into your operations.

1. TradeGecko (Now QuickBooks Commerce)

Best For: Small and medium businesses seeking seamless integration with accounting tools.

Use Case: A small Shopify seller reduced overstocking by 25% with TradeGecko, saving thousands in unnecessary storage costs.

2. Cin7

Best For: Multichannel retailers needing advanced inventory management and automation.

Success Story: A mid-sized retailer using Cin7 reported a 20% reduction in stockouts and a 15% increase in sales after optimizing inventory levels.

3. Skubana

Best For: Fast-growing e-commerce brands managing complex inventory needs.

4. Fishbowl Inventory

Best For: Manufacturing and wholesale businesses requiring in-depth tracking.

5. OrderMS

Best For: Businesses of all sizes seeking customizable solutions.

Use Case: An eBay seller increased their ROI by 20% within three months by leveraging OrderMS’s inventory analytics.

6. Zoho Inventory

Best For: Budget-conscious businesses needing robust features.

7. Brightpearl

Best For: Retailers looking for end-to-end automation.

How to Choose the Right Inventory Tracking Software

1. Assess Your Business Needs

2. Compare Features

Look for tools offering:

3. Test Before You Commit

Implementation Tips

The 2024 Advantage: Why Invest in Inventory Software Now

Inventory tracking software isn’t just about keeping tabs on your stock—it’s about driving growth, improving customer satisfaction, and staying ahead of the competition.

With options like OrderMS, Cin7, and Brightpearl, there’s a solution for every business size and budget. Start 2024 strong by choosing the tool that fits your needs and scaling with confidence.

Feel free to reach out to us if you have any questions.

Read the previous blog on Content Marketing for E-commerce in 2024.