10 Best B2B Inventory Management Software Options to Check Out in 2024

Struggling to maintain optimal stock levels?

You may need to use the latest logistics innovations to first improve process visibility.

When you fail to strike the right balance between inventory and demand, your B2B business will experience more cases of overstocking and understocking.

In 2023, over 80% of businesses suffered from overstocking, according to a Netstock study. This led to increased storage expenses and poor cash flow.  

By incorporating the best B2B inventory management software into your workflow, you’ll get real-time inventory visibility. You’ll also be able to set thresholds for maximum and minimum inventory levels according to fluctuating seasonal and market conditions. 

This empowers you to avoid keeping excess stock to free up your cash flow, while also ensuring sufficient inventory to reduce stockouts and increase sales. 

In this article, we’ll discuss the best B2B inventory management software to help you maintain optimal stock levels and increase your business’s revenue. 

Quick summary: 

1. transloads.co – Best for performing B2B inventory audits. 

2. Unleashed – Best for tracking in-transit B2B inventory. 

3. Erplain – Best for managing inventory with perishable goods.

4. Acctivate – Best for businesses using QuickBooks. 

5. inFlow Inventory – Best for designing inventory reports. 

Let’s get started.  

1. transloads.co 

Need a straightforward solution you can master easily? 

With a simple and graphical user interface, transloads.co ensures a smooth learning curve, giving you a warehouse management software that you can put to work quickly. That’s because there’s minimal need for support and training. 

What’s more, transloads.co gives you customizable inventory forms that you can use to track various types of commodities to improve inventory visibility. 

Our software also offers essential warehouse management features like mobile UI guides through inventory locations. Therefore, this makes it one of the best inventory management software to help you locate inventory items quickly on-site.

Best features: 

• transloads.co allows you to perform comprehensive audits and get an accurate assessment of the status of your inventory. This can help you spot and eliminate phantom inventory, inventory shrinkage and cases of overstocking as well. 
• You can create a virtual warehouse for physical warehouses, mapping out 3-D warehouse arrangement of racks and aisles. It even lets you separate zones by logical or physical criteria, with this helping to maximize space utilization.
• transloads.co offers diverse inventory handling capabilities, enabling you to manage inventory not just in your warehouse, but in shipping containers and rail cars too. This greatly increases inventory visibility across all storage locations. 

Pricing: 

• 30-day free trial. 
• Starting plan: $29.95 per load. 

Verdict: 

transloads.co can track inventory activity timeliness and generate comprehensive inventory audit reports, making it a great choice to help you increase accountability. Additionally, our software also provides mobile-guided inventory item location, so it can help you fulfill B2B orders quickly and more accurately to increase productivity. 

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2. Unleashed 

Unleashed simplifies bulk inventory management. 

It gives you real-time inventory data and also tracks in-transit inventory in rail cars & trucks. So you should incorporate it into your railroad logistics strategies if you regularly receive inventory by rail and want to maintain a steady supply chain flow. 

With Unleashed kit sets and inventory bundling features, you can fulfill multi-item orders more efficiently and also avoid selling the same stock twice.

You also get serial and batch number tracking that pushes the oldest batches to the fore. So this can make your warehouse more profitable by reducing cases of obsolete and deadstock to minimize losses.  

Best features: 

• It tracks all the costs associated with goods in your inventory, and even supports multi currency conversions. With these features, you calculate profit margins and even compare profits by location or sales channels to increase sales intelligence.
• Unleashed enables multi-warehouse inventory tracking, detailing inventory statuses across all your facilities. This makes it easy to perform seamless inter warehouse stock transfers and maintain optimal stock levels across the board.
• You also get barcode scanning technology that you can use to automate data entry during stocktaking. This helps you receive, count and check out stock items faster and accurately to increase your efficiency during bulk invoice processing. 

Pricing: 

• 14-day free trial. 
• Starting plan: $380 per month. 

Verdict: 

Unleashed offers real-time, in-transit inventory tracking features that make it an excellent solution to help you balance supply and demand and manage space intuitively. However, I’ve noticed that you search for inventory based on product codes rather than names, which necessitates the need to master all codes first.

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3. Erplain

Erplain streamlines B2B e-commerce for your business. 

When you choose proven transload management software for inventory management like Erplain, you get custom integrations with top e-commerce platforms. So it’s one of the best B2B inventory management software for efficient inventory & order matching. 

What’s more, it offers comprehensive inventory management, customer and product analytics that give you valuable insights to grow your B2B business. 

Do you handle perishable bulk materials? 

Just like transloads.co, Erplan tracks expiration dates and batch numbers, allowing you to tap into the benefits of inventory transload software solutions like being able to implement a First-In-First-Out policy to reduce inventory waste. 

Best features: 

• It synchronizes orders and inventory and automatically updates inventory levels with each sale or order to eliminate manual data entry. Besides increasing efficiency, this also improves stock management accuracy for your B2B business.
• Erplain offers real-time inventory reports, complete with advanced data visualizations, including bar graphs, pie charts and other elements. This can help pinpoint inventory trends that you can easily miss with traditional analytics. 
• You can also use Erplain to bundle products into groups of 10, 100 and other customized quantities for optimized pricing and personalized sales. With this enabling you to offer customers better pricing, it can increase goods sales.

Pricing: 

• 14-day free trial. 
• Starting plan: $29 per month. 

Verdict: 

With the ability to track expiration dates, I recommend Erplain if you’d like to reduce inventory waste by strategically selling older batches of perishable goods first. That being said, you may face integration problems if you’d like to connect it with platforms like QuickBooks, because this integration is not only complex but expensive. 

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4. Acctivate

Do you use QuickBooks for your business? 

If so, this is one of the top transload management tools to consider. It solves QuickBooks challenges by giving you real-time inventory insights that massively improve inventory traceability and quality control.

By leveraging Acctivate’s quick purchase orders and reorder alerts, you can also streamline procurement and replenish stock proactively before you run out. 

Furthermore, you get a robust search feature that filters results by vendor, product and other criteria important to B2B transload service businesses. This makes pinpointing exact inventory locations easy to accelerate picking. 

Best features: 

• Acctivate provides comprehensive inventory dashboards that offer key insights  such as inventory accuracy, warehouse utilization rates and the value of stock on hand. This helps you make data-driven decisions about your B2B business. 
• It lets you perform mobile inventory counts that lower the potential for human error while enhancing accuracy in stock levels. This helps you to plan for future demand, maintain safety stock with ease & avoid cases of overstocking as well.
• Acctivate also offers robust demand forecasting that incorporates seasonal fluctuations to reduce instances of dead, obsolete and overstocks. By reducing inventory waste, it can help you free up your cash flow for growth and expansion.

Pricing: 

• No free trial. 
• Starting plan: $5,000 per year. 

Verdict: 

If you use QuickBooks in your workflow and want a tool that offers seamless compatibility, Acctivate is an excellent option to try out to improve inventory control. Nonetheless, I’ve noticed that the vendor charges $5,995 in initial product set up fees and it costs $600 to add each new user, both of which make maintenance expensive.

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5. inFlow Inventory 

inFlow Inventory greatly enhances inventory reporting.

Just like transloads.co which offers vital transloading software features like electronic templates, inFlow Inventory also provides a document designer for creating purchase orders, sales and inventory reports more efficiently. 

Interestingly, inFlow Inventory also lets you generate barcodes and custom labels to improve inventory accuracy and control for your B2B business. 

Want to minimize time-intensive inventory checks? 

inFlow inventory is one of the best B2B inventory management software to turn to because it enables your transload shipping service business to automatically track and update inventory changes to free up valuable work hours. 

Best features: 

• You also get an in-built B2B portal that siphones real-time data from your inventory to show customers up-to-date information about stock prices and levels. Moreover, you can customize this portal to reflect your brand identity.
• It delivers a high level of inventory organization by letting you create product names, serial numbers and SKUs and also build multi-level categories. This allows you to focus on high-impact items that can increase inventory turnover.
• inFlow Inventory lets you set automatic stock reorder points based events like stock transfers, and received work and purchase orders. So it can help ensure you reduce the risk of stockouts to prevent lost sales for your B2B business. 

Pricing: 

• 14-day free trial. 
• Starting plan: $219 per month.

Verdict: 

If you consistently lose time to iterative document work, I recommend inFlow Inventory for its document designer that can help you create insight inventory reports efficiently. However, I’ve realized that, compared to its desktop application, the mobile iCloud feature has very limited capabilities, and primarily just facilitates simple picking tasks. 

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6. Cloudfy

Does your business deal with time-sensitive stock? 

Cloudfy is among the latest warehousing innovations to offer serialized stock management that assigns serialized license numbers to your client’s whole orders. This helps to track time-sensitive stock like expiring products and warranty-bound materials. 

By integrating with Google Analytics and Microsoft Power BI, Cloudify also keeps you ahead of important market trends for strategic demand planning.

In addition, it offers advanced product search and filtering that lets you track goods by item descriptions, EAN numbers and SKUs, among others. This is why I also rank it among the top warehouse yard management tools for optimizing picking. 

Best features: 

• Cloudfy offers color-coded inventory tracking, with green, yellow and red signals standing for ample, low and out-of-stock scenarios respectively. You can even upload custom icons & colors to facilitate swift visual assessment of stock levels. 
• You can also create automated back-in-store alerts to keep stock-sensitive customers updated about when an item is ready for reordering. This cuts down on email inquiries and phone calls to improve client satisfaction and productivity.
• It lets you set custom minimum stock thresholds, complete with custom messaging that can help guide subsequent inventory follow up actions. So it can prevent out-of-stock situations to increase profits for your B2B business. 

Pricing: 

• No free trial. 
• Contact Cloudfy for pricing. 

Verdict: 

If your B2B business deals with time-sensitive stock like highly perishable pharmaceutical products, Cloudfy is a great choice for tracking these goods efficiently. However, it can be a difficult platform to fully master, more so if you rely on other underlying systems which only add to its complexities and steepens the learning curve.

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7. OrderCircle

OrderCircle makes locating inventory items fast and simple.

It gives you inventory catalogs that you can personalize based on colors, prices and styles. These are very crucial warehouse software features because they make it easy for you to navigate your inventory and find what you need quickly. 

More importantly, OrderCircle provides omnichannel inventory synchronization that keeps physical and online inventory in sync across different platforms.

Tired of uploading inventory items one by one? 

Just like transloads.co, it’s also among the best warehouse inventory software due to its bulk upload function that lets you add multiple items simultaneously to save time. 

Best features: 

• OrderCircle automatically subtracts orders from your inventory, giving you real-time insights into inventory visibility. This helps to avoid cases of canceled or delayed goods by ensuring customers only order what’s actually in stock.  
• It offers advanced inventory insights that reveal customer purchase patterns and your best-performing products. As a result, you can make more accurate and profitable inventory decisions based on automated and precise analytics. 
• You also get advanced automations and integrations for popular payment, e-commerce platforms and B2B processes. These features take over repetitive work so you can focus on growth and other important matters for your business.

Pricing: 

• 14-day free trial. 
• Starting plan: $199 per month. 

Verdict: 

OrderCircle’s bulk inventory items upload feature is a real time-saver and eliminates iterative data entry work for your B2B business to increase efficiency and productivity. Nevertheless, I’ve noticed that it offers limited customization for inventory and other document templates, which may mean having to create some reports from scratch. 

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8. Advatix Cloudsuite

Need to track inventory across a vast supply chain? 

You can view inventory across transload and intermodal shipping networks with Advatix Cloudsuite, which enables you to monitor in-warehouse as well as in-transit inventory in rail cars, ships and trucks for holistic inventory visibility. 

By leveraging its customizable inventory classification systems, you can focus on inventory items with the biggest impact on your B2B business. 

But that’s not all. 

If you’d like to take your transloading shipping business to the next level, Advantix Cloudsuite delivers interactive dashboards that make it one of the best B2B inventory management software for enhancing business intelligence.

Best features: 

• It offers advanced inventory classification systems that you can customize for ABC, XYZ and VED analysis, among other strategies you currently rely on. This results in greater inventory control and efficiency for your B2B business. 
• Advatix Cloudsite delivers automated demand planning, with machine learning algorithms analyzing sales data to predict demand. This enables you to keep the right amount of safety stock, maintain a lean inventory, and increase sales. 
• It can also compare differences between raw materials and finished goods as stipulated in your bill of materials. This makes it an especially useful tool if you manufacture goods onsite because it enables you to reduce stock wastage. 

Pricing: 

• No free trial. 
• Contact Advatix for pricing.

Verdict: 

Advatix Cloudsuite offers highly organized and customizable inventory classification systems that help make your B2B business more efficient and profitable. That being said, I’ve realized that it leverages advanced data analytics and dashboards which require a strong technical background, so you may find it very challenging to master.

Schedule a free demo 

9. Odoo

Odoo comes in handy for very complex floor layouts. 

It doubles up as one of the best yard management software and inventory management tools, partly because it offers a hierarchical inventory classification system that allows you to pinpoint the location of inventory items with ease using zones. 

Furthermore, Odoo also offers automated inventory valuation and liquidity analytics to inform financial planning and improve statutory compliance. 

Does your business receive shipments via rail? 

Just like transloads.co, it also enhances your railroad logistics strategies with rail inventory monitoring systems that help decrease the risk of rail demurrage penalties. In addition, this feature can also reduce the risk of theft of high-value goods. 

Best features: 

• Odoo offers automated vendor reminders regarding confirmed and expected arrival dates of shipments you’ve ordered to replenish stock. You can set it to offer these alerts several days prior, thereby ensuring better inventory planning.
• By leveraging smart replenishment strategies that encompasses techniques like MTO production and min-max rules, it prevents out-of-stock situations. It can further automate vendor follow-up to ensure seamless stock replenishments. 
• It also provides important outgoing and incoming shipment control features that even allows you to set customizable put-away strategies. This helps reduce distances covered to optimize warehouse storage and put-away processes. 

Pricing: 

• 15-day free trial.
• Starting plan: $7.25/user per month. 

Verdict: 

You get a comprehensive overview of your inventory landscape with Odoo’s hierarchical inventory classification features, which improves resource allocation & decision making. However, I’ve noticed it offers minimal documentation to help you get started, which necessitates training and implementation assistance that they charge for separately.

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10. Veeqo

Want to put inventory management on auto-pilot?  

Veeqo implores the latest innovations in logistics with custom and multi-level inventory rule settings. This makes it one of the best B2B inventory management software for automating repetitive tasks like inventory listing and stock taking to boost productivity. 

On top of that, it also generates periodic profitability reports that offer a detailed breakdown of inventory expenses to help reduce variable expenses.

If you’re keen on choosing a transload management software that doubles up as an inventory management solution, Veeqo is a safe bet. It has key transloading features like inbound and outbound handling e-invoices that increase invoicing accuracy.

Best features: 

• Veeqo provides smart order routing, whereby it assigns inventory to customers based on available inventory, and the shortest distance between delivery and warehouse locations. This helps ensure more cost-efficient distribution. 
• It also has multi-warehouse stock tracking and transfer features, with inventory changes updated automatically depending on sales and purchase orders. This helps your business to increase efficiency and meet diverse customer demands.
• Veeqo also provides data-driven inventory forecasting and reporting tools to anticipate inventory needs. With the information it offers, you can make better decisions about what type of goods to invest in to maximize profitability. 

Pricing:

• Unlimited free trial. 
• Starting plan: $250 per month.  

Verdict: 

If you’re held back by manual inventory tasks, I recommend Veeqo for its ability to automate repetitive inventory work for your B2B business to improve inventory accuracy and efficiency. However, it lacks important integration options for popular carriers and marketplaces, so you may need to manually track inventory across these gaps.

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Conclusion 

Optimal space utilization is key to B2B profitability. 

However, with poor inventory organization, this becomes challenging to achieve.

When you’re not making the most out of warehouse space, your B2B business will experience increased warehousing costs and slow fulfillment processes.

In fact, 45% of warehouses are grappling with insufficient space, according to a survey by MMH. Most of them have resorted to renting out additional space due to poor inventory organization that led to wastages.

With the best B2B inventory management software, you get virtual warehousing features to help improve inventory organization. In particular, I recommend transloads.co which also offers inventory audits that raise inventory accuracy. 

Click here to start your free transloads.co trial to improve inventory performance and increase productivity for your B2B business. 

With our software, you’ll also streamline collaboration with regard to inventory work thanks to our cloud-based platform that enables remote access to stock information.