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Top 6 Amazon Inventory Management Software Options in 2024 to Help You Succeed

Threecolts
Geri Mileva
Published
July 17, 2024
Modified
November 24, 2024
top amazon inventory management software

Amazon is best known as an ecommerce giant, but something equally important to keep in mind is that the majority of its platform is actually composed of small-to-medium enterprises (SMEs). According to Amazon’s own statistics, more than 60% of all sales on its platform are made by independent sellers.

Your business will be one among the many independent sellers and SMEs on the platform who are all vying to get their products in front of millions of people shopping on Amazon. To compete successfully, you’ll have to optimize as much of your operations as you can—with inventory management being a crucial aspect to pay attention to.

Fortunately, tools like Amazon inventory management software can help make this process easier. With these tools helping you manage your inventory, you’re free to focus on other important areas of your business, such as product sourcing and managing customer feedback.

What Is Amazon Inventory Management Software?

Amazon inventory management software refers to any tool that helps you keep track of your stock and manage your products more easily. They can be used by companies of all sizes but are particularly useful for independent sellers and SMEs, who may not have the time and resources to manage their inventories on their own or hire people to do so.

These solutions typically offer the following core features and functionalities for your business:

  • Help you manage your inventory
  • Give you an overview of your stocks
  • Manage customer orders
  • Alert you when stocks are low
  • Integrate with the Amazon platform

Amazon itself doesn’t have a way to manage your inventory aside from what’s already on the Seller platform or when you’re subscribed to the FBA program, so these third-party tools definitely make the process easier. The features you get will vary based on the plan you choose. Higher-tier plans will also often include advanced options that can give your Amazon business an extra boost.

Top 6 Amazon Inventory Management Software in 2024

1. InventoryLab

inventorylab by threecolts

InventoryLab makes managing inventory easier for both beginner and experienced Amazon sellers. This all-in-one business management platform helps you stay on top of your inventory processes so you can make smarter decisions and be more cost-effective. 

It also lets you see the bigger picture by tracking all Amazon inventory movement. These include sales, returns, removals, and even disposals. This helps you know when and which product to restock. You also see your sales history in a user-friendly dashboard. 

But beyond inventory management, you also get solutions for product research, listing, accounting, and analytics. This means that InventoryLab can support you across all the phases of selling on Amazon.

Key Features

  • Track your stock levels, sales, returns, removals, and disposals with ease
  • Discover profitable products and access essential data like fees, ranks, and restrictions to make better purchasing decisions
  • Simplify the listing process for FBA and MFN sellers, from labeling products to managing shipments
  • Stay on top of your finances with detailed tracking of every dollar, from purchases and sales to refunds 
  • Get detailed insights into product performance and market trends

Pricing and Plans

Threecolts offers two pricing tiers for InventoryLab

  • Base: $69 monthly, $690 annually
  • Base + Insights: $94 monthly, $690 annually + $25 monthly (insights add-on)

Threecolts’ Base plan for InventoryLab includes all the essentials: inventory management, product research tools, Amazon listing software, performance reports, data analytics, and accounting tools for tracking your finances.

Upgrading to the Base + Insights plan gives you everything in the Base plan, plus advanced features like sales projections, detailed sales history, stock level tracking, and custom views for a more in-depth look at your inventory and sales performance.

Pros

  • Comprehensive suite of solutions that includes not only inventory management but also product research and more 
  • Intuitive interface that makes it handy for beginner sellers 
  • Free trial for 30 days
  • Includes detailed insights into your financial health

Cons

  • Can be costly 
  • Need to upgrade to a higher tier for detailed restock reports

2. Sellbrite

Specifically designed for SMEs and independent sellers, Sellbrite leverages its cloud-based capabilities to drastically make inventory management and product listing easier. It’s also a multichannel solution that can help manage inventories across different ecommerce platforms, which can help aspiring Amazon sellers quickly get started on using a multi-pronged approach to selling their products online.

Key Features

  • Automatic adjustment of inventory states to prevent overselling
  • Templates for easier product listing on Amazon or other ecommerce websites
  • One-click integrations with other marketplaces
  • Multi-warehouse automation
  • Dedicated marketplace management tool for sellers who are also on Shopify

Pricing and Plans

Sellbrite has three tiers of pricing, which are mainly based on how many orders you get per month:

  • Pro 100: $29 monthly, $288 annually
  • Pro 500: $79 monthly, $792 annually
  • Pro 2K: $179 monthly, $1,788 annually

Sellbrite offers a free plan for new users for up to 30 orders per month, which is suitable for anyone looking to use inventory management software for the first time. It also has add-on integrations that are available at any tier, which can expand the features you’ll enjoy from the platform.

Pros

  • A good entry software for Amazon sellers wanting to experiment with inventory management software
  • 30-day free unlimited access for plans of all tiers
  • Centralized control over both inventory and customer orders
  • Automate tasks related to product listing and cross-channel management
  • Easy to use for users who may be familiar with older inventory management solutions

Cons

  • The jump from basic to mid-tier plans may be expensive for annual subscriptions
  • Customer support could be improved 
  • Inability to duplicate product listings

3. Zoho Inventory

Zoho’s cloud-based Amazon integration allows users to see their inventory status from a single dashboard, with the capability of updating current stock levels on Amazon. Zoho Inventory focuses heavily on the centralization aspect of its platform, helping it function beyond inventory management and toward ecommerce management.

Zoho Inventory’s shipment estimates, delivery confirmation, and overall tracking features make managing inventory easier even when facing a surge of customer orders. It also has multi-channel marketing and inventory tracking for helping ecommerce sellers get started on other marketplaces.

Key Features

  • Built-in client database for keeping track of long-term clients
  • Serialized inventory and batch tracking
  • Integrations with accounting features
  • Automated prompts to reorder low stocks
  • Inventory performance reports

Pricing and Plans

Zoho Inventory has four pricing tiers to choose from:

  • Standard: $39 monthly, $348 annually
  • Professional: $99 monthly, $948 annually
  • Premium: $159 monthly, $1,548 annually
  • Enterprise: $299 monthly, $2,988 annually

Zoho offers higher-end packages for its Amazon inventory management software, although the features you get make up for the cost. Zoho also offers a free plan for users who want to try out the capabilities of the platform, although this plan is only limited to 50 orders a month.

Pros

  • Extensive suite of features for inventory management
  • Relatively low-cost add-ons (users, orders, warehouses, advanced autoscans)
  • Responsive customer support
  • Robust privacy and data security protocols

Cons

  • Higher pricing compared to other Amazon inventory management software
  • Some difficulty when switching shopping platforms 

4. Brightpearl by Sage

Brightpearl focuses on automation via its Automation Engine feature, which can help you with anything from smart sales forecasting to inventory planning. This also includes retail analytics, payment status, and warehouse management.

Its cloud-based capabilities ensure that the data you have access to is accurate and updated in real time. This can be crucial for sellers who strategize around the seasonality of their products, as it helps make restocking and forecasting customer demand easier. 

Key Features

  • Multi-channel inventory and order management
  • Fulfill orders from the most suitable inventory location
  • Faster order processing through the Automation Engine
  • Smart forecasting and inventory planning
  • Multiple choices for accounting integration

Pricing and Plans

Unlike most vendors on this list, Brightpearl doesn’t offer straightforward, pre-packaged pricing or tiers for their features. They’d much rather that you book a demo and talk with their sales experts to identify which aspects of your inventory management can be best addressed by their solutions.

Pros

  • Automates most processes associated with inventory management and monitoring
  • Seamless integration with other applications and platforms useful for Amazon sellers
  • Has a robust accounting system to further support stock management
  • Enables multi-channel marketing and fulfillment via its Automation Engine
  • Responsive customer support team

Cons

  • Features may be overwhelming to first-time users
  • Lack of transparent pricing may put off some budget-conscious customers
  • Limited integration options

5. Helium 10

Helium 10’s Inventory Protector helps protect sellers against coupon abuse and other black hat tricks that may be used by other sellers or customers. Their features also help you better monitor and keep track of your inventory, especially in response to customer demand and market shifts. This can help with your forecasting for inventory restocking, but you can also combine this data with the findings you’d get from other features like the Sales Estimator and Profitability Calculator.

Key Features

  • Alerts for when your inventory is low on stock
  • Automates inventory tracking for easier refunds
  • Prevents your products from being exploited via promotions and other deals
  • Predicts optimal stock levels for specific products depending on seasonal demand

Pricing and Plans

Like many inventory management tools and software, Helium 10 offers three tiers of pricing:

  • Starter: $39 monthly, $348 annually
  • Platinum: $99 monthly, $948 annually
  • Diamond: $279 monthly, $2,748 annually

Pros

  • Beginner-friendly 
  • Sources accurate data from Amazon itself
  • Responsive customer service team
  • Resources available for users who want to learn by themselves

Cons

  • The jump in pricing from basic to mid-high tier plans may be too much
  • Ideal for Fulfilled By Amazon (FBA) sellers, less appealing to other seller types
  • Tools can require a deep learning curve

6. Jungle Scout

Jungle Scout’s inventory management capabilities are adequate—but for people looking for a dedicated stock tracking platform, it may not be enough. Since the company mostly focuses on product research, features such as inventory management are less powerful than you’d expect. 

Key Features

  • Get up-to-date status on your inventory
  • Restock forecasting when your inventory is low
  • Browser extension for evaluating Opportunity Scores
  • Monitoring of inbound inventory 
  • Checking for average monthly sales of products per category

Pricing and Plans

Jungle Scout has three tiers of pricing for its platform:

  • Starter: $49 monthly, $348 annually
  • Growth Accelerator: $79 monthly, $588 annually
  • Brand Owner + Competitive Intelligence: $399 monthly, $3,588 annually

Interested users should note that Jungle Scout does not offer a free trial of their services. Jungle Scout also offers the Cobalt plan (custom pricing) as an enterprise solution for brands, retailers, and agencies in need of advanced market intelligence tools. 

Pros

  • Easy to use for beginners in inventory management
  • Comes with other features that can help improve selling on Amazon
  • Responsive customer support

Cons

  • Overtly focused on product research as its core feature
  • Ideal for FBA sellers only
  • May be substandard if you’re looking for a comprehensive solution

Amazon Inventory Management Software: Key Considerations + What to Look for

While all Amazon inventory management software share the same base functions, there are some things you should keep in mind when choosing one to use for your business. 

Overall Budget

There’s no denying that an Amazon inventory management tool can be useful, but it’s also important that you pick the best one that meets your budget requirements. While premium subscriptions and plans can unlock more useful features for your business, budget should still be your first consideration when choosing a tool.

Ease of Use

Given that some tools offer more features out of the gate compared to others, there will always be some learning curve involved. Regardless, it’s still important to pick a tool that you can use with little to no training.

If that isn’t possible, make sure that your tool has a good track record in terms of customer service and education. A tool’s customer support team will be the first people you call when you have a question about your tool or if something goes wrong with it. But a customer education team gives even more avenues for you to master the software. 

We at Threecolts, for instance, offer free Customer Coaching sessions to help users get the most out of our tools. This ensures that everyone has what they need to succeed, whether it’s a quick tutorial or a deep dive into advanced features.

Features Provided

Obviously, features matter when choosing an Amazon inventory management tool. But it's not just about having all the bells and whistles—it's about finding a tool that fits your needs right now. 

Take a close look at what’s included in the basic plan. Does it cover the essentials for your current operations, or would you need to upgrade to get the most out of it? It’s great to have the option to stumble upon more features down the line, but it’s even better when you already have what you need to keep your inventory in check right off the bat.

Additional Integrations

Some Amazon inventory management tools also offer integrations with other applications and platforms apart from Amazon itself. This can be useful if you want to automate more of your business operations. Opting for additional integrations with shipping, accounting, or invoice platforms and applications can drastically improve your efficiency in handling and forecasting orders.

Yes, this isn’t always necessary if you’re just looking for a better way to manage your inventory as an Amazon seller. However, it should be a consideration for your business down the line.

Once you’ve considered the factors above, it’s also a good idea to check customer feedback on each inventory management software. By checking user reviews, you can get a good grasp of each tool’s strengths and weaknesses and how they fit into your workflow.

Optimize Your Amazon Inventory Management with Threecolts

If you’re serious about taking your Amazon business to the next level, InventoryLab is the way to go. It simplifies inventory management, lets you find your next bestsellers, and tracks your finances so you know what’s working and not. You’ll always know what to restock, what’s selling, and how to make smarter decisions. Plus, InventoryLab is built for both new and seasoned sellers, so it’s easy to get started and see results quickly.

And with InventoryLab being a part of Threecolts, you’ll have everything you need to thrive on Amazon and beyond. Our suite of tools helps you stay on top of inventory, streamline customer support, and cut costs—so you can focus on what matters most: growing your business. Ready to see the difference? Try InventoryLab free for 30 days and experience firsthand how it can fuel your success.

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