Managing inventory efficiently is one of the keys to success for any business.
With the integration of artificial intelligence, inventory management tools are better than ever, offering real-time tracking, demand forecasting, and seamless integration with multiple sales channels.
Whether you’re a small business or a global enterprise, these AI-driven tools can help streamline your operations, reduce waste, and boost profitability.
Our Favorite AI Tools for Inventory Management
- Zoho Inventory – Best for real-time tracking and automated workflows
- Cin7 – Best for integration and demand forecasting
- DEAR Inventory – Best for comprehensive order processing and inventory optimization
- Fishbowl – Best for manufacturing and warehouse management
- NetSuite ERP – Best for supply chain management and predictive analytics
- Singuli – Best for data-driven inventory optimization and profitability maximization
- Brightpearl – Best for retail operations and automation
- Unleashed – Best for inventory control and business intelligence
- Stitch Labs – Best for multichannel inventory management
- Ordoro – Best for e-commerce shipping and inventory management
- Veeqo – Best for inventory synchronization across sales channels
Table of Contents
- Our Favorite AI Tools for Inventory Management
- How We Chose the Best AI Tools for Inventory Management
- 1. Zoho Inventory
- 2. Cin7
- 3. DEAR Inventory
- 4. Fishbowl
- 5. NetSuite ERP
- 6. Singuli
- 7. Brightpearl
- 8. Unleashed
- 9. Stitch Labs
- 10. Ordoro
- 11. Veeqo
- What Is AI for Inventory Management?
- How Do AI Tools for Inventory Management Work?
- Features to Look For in AI Inventory Management Tools
- Frequently Asked Questions
We offer this website completely free to our visitors. To help pay the bills, we’ll often (but not always) set up affiliate relationships with the top providers after selecting our favorites. However, we do our best not to let this impact our choices. There are plenty of high-paying companies we’ve turned down because we didn’t like their product.
An added benefit of our relationships is that we always try to negotiate exclusive discounts for our visitors.
Provider Name | Best For | Star Rating | Price |
---|---|---|---|
Zoho Inventory | Real-time tracking and automation | Starts at $59/mo | |
Cin7 | Integration and demand forecasting | Custom | |
DEAR Inventory | Comprehensive order processing | Custom | |
Fishbowl | Manufacturing and warehouse management | Custom | |
NetSuite ERP | Supply chain and predictive analytics | Custom | |
Singuli | Data-driven inventory optimization and profitability maximization | Custom | |
Brightpearl | Retail operations and automation | Custom | |
Unleashed | Inventory control and business intelligence | Custom | |
Stitch Labs | Multichannel inventory management | With Square; custom | |
Ordoro | E-commerce shipping and management | Starts at $349/mo | |
Veeqo | Inventory synchronization | Free; starts at $250/mo |
How We Chose the Best AI Tools for Inventory Management
Here’s what we looked at when compiling this list:
- AI Features and Capabilities: We prioritized platforms that leverage artificial intelligence for advanced functionalities like demand forecasting, automated workflows, and real-time inventory tracking. Tools with machine learning capabilities that improve accuracy over time were rated higher.
- Ease of Use: User-friendly interfaces and intuitive navigation were key factors. Tools that require minimal training and offer clear dashboards for monitoring inventory were given preference.
- Integration Options: We assessed each platform's ability to integrate with popular sales channels, e-commerce platforms, accounting software, and other business systems to streamline operations.
- Scalability and Flexibility: We evaluated how well the tools cater to businesses of different sizes and industries. Scalable solutions that can grow with a business and offer flexible pricing plans scored higher.
- Value for Money: Affordability and transparency in pricing were critical. Platforms offering robust features at competitive prices, along with clear pricing structures, stood out.
1. Zoho Inventory
Best for real-time tracking and automated workflows – 5/5
Zoho Inventory uses AI to enhance operational efficiency by automating workflows, tracking inventory in real-time, and enabling multi-channel selling. Its robust reporting tools provide insights into stock levels, sales trends, and reordering needs.
The tool’s user-friendly interface makes it ideal for businesses seeking a streamlined inventory solution. With affordable pricing tiers, Zoho caters to both small businesses and growing enterprises.
Pros
- Real-time tracking and updates
- Multi-channel selling capabilities
- Automation of workflows and reorder alerts
- Affordable pricing for small businesses
Cons
- Limited advanced features for large enterprises
- Integration with external systems can be complex
- Occasional lags in real-time updates
2. Cin7
Best for integration and demand forecasting – 5/5
Cin7 excels in integrating with various sales channels and using AI-powered tools for demand forecasting. It provides businesses with a unified view of their inventory, enabling better decision-making.
The platform is really popular among retailers and wholesalers due to its flexibility. Its robust automation features help streamline workflows, reducing manual tasks and improving efficiency.
Pros
- Extensive integration options
- Accurate AI-powered demand forecasting
- Supports omnichannel retail operations
- Scalable for growing businesses
Cons
- High pricing for premium features
- Steep learning curve for beginners
- Requires consistent updates to maintain functionality
3. DEAR Inventory
Best for comprehensive order processing and inventory optimization – 4.5/5
DEAR Inventory offers a full suite of features, including AI-driven order processing and inventory optimization. Its intuitive dashboard provides a clear view of stock levels, sales orders, and financials, making it a comprehensive solution for businesses.
The platform’s powerful reporting tools enable businesses to analyze performance and make data-driven decisions. Its seamless integration with popular e-commerce platforms like Shopify and Amazon also simplifies multichannel selling.
Pros
- Comprehensive inventory management features
- AI-powered stock optimization tools
- Integration with popular e-commerce platforms
- User-friendly interface
Cons
- Limited reporting customization
- Higher pricing tiers for advanced features
- May be overwhelming for smaller businesses
4. Fishbowl
Best for manufacturing and warehouse management – 4.5/5
Fishbowl combines AI-driven inventory, manufacturing, and warehouse management solutions, making it perfect for small to medium-sized businesses. It offers tools for automating reordering and optimizing warehouse workflows, increasing overall efficiency.
We love that this platform integrates seamlessly with popular accounting software like QuickBooks to ensure accurate financial tracking. Its robust reporting features help businesses identify bottlenecks and improve operational performance.
Pros
- Strong focus on manufacturing and warehousing
- Automated reordering and inventory tracking
- Cost-effective for SMBs
- Scalable for business growth
Cons
- Limited features for e-commerce businesses
- Requires a desktop application for full functionality
- Support response times can vary
5. NetSuite ERP
Best for supply chain management and predictive analytics- 5/5
NetSuite ERP offers advanced AI capabilities to manage supply chains with real-time visibility and predictive analytics. Its robust reporting and automation tools make it a preferred choice for large enterprises.
The platform’s scalability ensures it can handle complex operations across multiple locations and industries. Its built-in customization options allow businesses to tailor workflows and dashboards to meet their unique needs.
Pros
- Real-time visibility across supply chains
- Predictive analytics for inventory management
- Scalable and highly customizable
- Integration with a wide range of third-party tools
Cons
- High implementation costs
- Steep learning curve
- Overkill for small businesses
6. Singuli
Best for data-driven inventory optimization and profitability maximization – 4.5/5
Singuli is best for data-driven inventory optimization and profitability maximization. Its AI-powered platform is tailored for retail and e-commerce businesses that want to make highly strategic, data-informed decisions to balance inventory levels and enhance profitability.
Singuli stands out with an advanced focus on profitability analytics, allowing businesses to identify underperforming products and optimize their inventory accordingly. Additionally, it provides deep insights into product lifecycle trends and demand patterns, making it ideal for businesses seeking a competitive edge in inventory management.
Pros
- Focuses on product profitability to optimize financial returns
- Offers AI-driven demand forecasting for accurate inventory predictions
- Tracks product lifecycle performance for better stock decisions
- Provides intuitive dashboards with actionable insights
Cons
- Limited integration options with popular platforms
- Lacks comprehensive features like multi-channel synchronization
- Advanced analytics may have a steep learning curve for small teams
7. Brightpearl
Best for retail operations and automation – 5/5
Brightpearl is an AI-driven retail operations platform that automates inventory, order management, and customer data. It’s great for retailers looking to optimize operations and reduce manual tasks.
Brightpearl also offers real-time analytics and demand forecasting to help retailers stay ahead of market trends. With seamless integrations to popular e-commerce platforms and POS systems, it offers a unified and efficient retail experience.
Pros
- Comprehensive retail-focused features
- Automation of routine tasks
- Real-time inventory tracking and reporting
- Excellent customer support
Cons
- High pricing for smaller retailers
- Limited customization options for workflows
- Integration setup can be time-consuming
8. Unleashed
Best for inventory control and business intelligence – 4.5/5
Unleashed uses AI to provide detailed insights into inventory control and business intelligence. It helps businesses make data-driven decisions with inventory to optimize stock levels and reduce waste.
We particularly love how it offers real-time inventory tracking, ensuring accurate stock management across multiple locations. Its intuitive reporting tools help identify trends and forecast demand, improving overall operational efficiency.
Pros
- Advanced inventory control tools
- AI-powered insights for better decision-making
- User-friendly interface
- Suitable for a wide range of industries
Cons
- Limited customization for reporting
- No native mobile app
- Pricing not disclosed upfront
9. Stitch Labs
Best for multichannel inventory management – 4.5/5
Stitch Labs offers AI capabilities for multichannel inventory management and order fulfillment. Its focus on streamlining operations across different sales channels makes it a strong choice for e-commerce businesses.
It also provides centralized control, allowing businesses to sync inventory and sales data seamlessly across multiple platforms. The sales automation tools work to reduce manual errors and improve the speed of order processing, enhancing customer satisfaction.
Pros
- Excellent for multichannel inventory management
- AI-driven order fulfillment tools
- Simplifies operations for e-commerce businesses
- Customizable workflows
Cons
- Pricing on the higher side
- Limited features for physical retail stores
- Discontinued for new users
10. Ordoro
Best for e-commerce shipping and inventory management – 4.5/5
Ordoro combines AI-powered shipping and inventory management tools to provide a seamless solution for e-commerce businesses. It integrates with major sales platforms and supports bulk shipping operations.
Advanced automation features simplify tasks like label printing, tracking, and inventory syncing. The intuitive interface makes it easy for businesses to manage complex shipping workflows efficiently.
Pros
- Robust shipping and inventory management tools
- Easy integration with popular e-commerce platforms
- Supports bulk shipping operations
- Affordable pricing tiers
Cons
- Limited advanced analytics
- Geared primarily toward e-commerce businesses
- Basic features in lower-tier plans
11. Veeqo
Best for inventory synchronization across sales channels – 4.5/5
Veeqo’s AI-driven platform enables seamless inventory synchronization across sales channels and warehouses. The easy-to-use interface and advanced automation tools it offers make it a reliable choice for growing businesses.
It also offers real-time stock updates to prevent overselling and underselling across channels. Veeqo’s robust reporting features provide actionable insights to help businesses optimize their inventory and sales strategies.
Pros
- Real-time inventory synchronization
- Simplifies multi-channel selling
- AI-driven automation tools
- Intuitive and user-friendly
Cons
- Limited advanced reporting
- Pricing may be high for small businesses
- Occasional integration issues
What Is AI for Inventory Management?
AI for inventory management is the use of artificial intelligence to automate and optimize the process of tracking, managing, and replenishing inventory. These tools analyze data to provide real-time insights into stock levels, demand trends, and supply chain efficiency.
Unlike traditional inventory systems, AI-powered tools have the ability to predict future needs, reduce waste, and improve overall operational efficiency. By leveraging machine learning and data analytics, businesses can make smarter, faster decisions to meet customer demands while minimizing costs.
How Do AI Tools for Inventory Management Work?
AI tools for inventory management work by analyzing large datasets from sales, inventory, and supply chain systems to identify patterns and trends. They use machine learning algorithms to predict future demand, optimize stock levels, and automate reordering processes.
Real-time tracking and updates help businesses get accurate visibility into their inventory across multiple locations and sales channels. These tools also provide actionable insights through dashboards and reports, allowing businesses to make data-driven decisions to improve efficiency while reducing costs.
Features to Look For in AI Inventory Management Tools
Here are some things to look for in AI inventory management tools:
- Real-Time Inventory Tracking: Ensure accurate stock visibility across multiple locations and sales channels.
- Demand Forecasting: Use AI to predict future stock needs based on historical and market data.
- Automated Reordering: Automatically place orders when stock reaches predetermined levels to avoid shortages.
- Multi-Channel Integration: Seamlessly sync inventory across e-commerce platforms, warehouses, and retail locations.
- Analytics and Reporting: Provide actionable insights into sales trends, stock levels, and operational performance.
- Customizable Alerts: Notify users of low stock, overstocking, or supply chain disruptions.
- Scalability: Adapt to the growing needs of businesses, from small retailers to large enterprises.
Frequently Asked Questions
What is an AI tool for inventory management?
AI tools for inventory management use artificial intelligence to automate stock tracking, demand forecasting, and operational workflows.
How do AI inventory tools work?
These tools analyze historical data, track real-time inventory levels, and provide predictive insights to optimize stock management and reduce waste.
Are AI inventory tools suitable for small businesses?
Yes, many platforms offer scalable solutions tailored to the needs and budgets of small businesses.
What are the benefits of AI in inventory management?
AI enhances accuracy, reduces manual effort, improves demand forecasting, and helps businesses make data-driven decisions.