10 Best Warehouse Inventory Management Software Solutions for Enterprises in 2024

Still tracking inventory with messy spreadsheets? 

The biggest challenge of managing inventory with Excel is it’s prone to human error.

When your inventory records are inaccurate, this can lead to rushed orders and inventory bloats that inflate your warehouse’s operational expenses. 

In fact, up to 65% of inventory records are inaccurate, according to a ResearchGate study. Most of these inaccuracies are down to manual data entry problems. 

With the best warehouse inventory management software, you get efficient data entry automation technologies such as QR and barcode scanning, for example. This minimizes human intervention in your inventory processes to reduce the risk of errors. 

A great tool can also perform automatic and regular cycle counts to detect any inventory mistakes that initially go undetected, enabling you to sort out outstanding discrepancies. 

In this article, we’ll discuss the best inventory management software solutions for 2024 to help you improve inventory accuracy and productivity. 

Quick Summary:

1. transloads.co – Best for its advanced customer portal.

2. Zoho Inventory – Best for multi-location inventory management. 

3. Sortly – Best for offline warehouse inventory management. 

4. Cin7 – Best for accurate inventory forecasting. 

5. inFlow Inventory – Best for efficient inventory task allocation. 

Let’s get started. 

1. transloads.co 

transloads.co is great for transloading warehouses.

It can help you improve transloading ROI with inventory management audits that let you periodically assess inventory items to identify and sort discrepancies. So it can help spot inventory shrinkage and reduce the risk of fraud for your warehouse. 

Moreover, transloads.co has mobile UI guides to direct you through different inventory locations and retrieve items faster during freight consolidation. 

When you choose a transloading software like our platform, transloads, you also get  a customer portal that gives clients real-time details about your inventory and the location of shipments. This helps to improve customer satisfaction for your business. 

Best features: 

• transloads.co offers 3-dimensional depictions of warehouse racks, which enables you to visualize commodities in your transloading warehouse. This makes it easier to track down specific goods to accelerate your loading processes.
• It also extends your inventory management capabilities beyond your warehouse, allowing you to manage inventory inside containers, trailers, and rail cars as well. So it’s a top solution to help you meet diverse inventory management needs.
• You also get electronic and customizable inventory forms that help you record quantities and even attach digital images to each entry. This greatly reduces the likelihood of errors such as mixing up shipments of different consignees. 

Pricing: 

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

Verdict

transloads.co gives you a customer portal that enables customers to track shipments, which can help improve client satisfaction. In addition, you also get various paperless inventory tracking solutions like digital tally sheets to improve inventory visibility and data quality for your transloading warehouse. 

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2. Zoho Inventory

Need to manage multiple warehouse inventory stock? 

Zoho Inventory lets you manage different yard locations in one hub so you can track stock across multiple locations without the legwork typically involved. This helps you facilitate seamless inter-warehouse transfer of inventory items. 

In addition, it lets you bundle and create item categories depending on attributes to intuitively group inventory more efficiently to accelerate retrieval. 

Zoho Inventory also gives your customers real-time shipment tracking, so it can double as an excellent transload management software to help you keep customers informed and reduce back-and-forth with your staff to improve productivity. 

Best features: 

• You can filter customer orders by location to enable you to dispatch goods depending on a customer’s proximity to a warehouse. So it can help lower transport costs while speeding up deliveries and improving customer satisfaction. 
• It also delivers insightful reports about your inventory, including best-selling items and payment histories. With this information, you can forecast demand and stock the right items across seasons to help improve your warehouse’s profit margins. 
• Zoho Inventory lets you add batch and serial numbers to goods in your inventory to help ensure more accurate billing processes. This also enables you to instantly reveal details about a product with barcode scanning for easy stocktaking. 

Pricing: 

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

Verdict 

If multi-location warehouse management is an essential concern, Zoho Inventory is an excellent choice because it helps centralize inventory records to improve efficiency. However, the platform lacks native connectors for third-party applications like Excel and QuickBooks, and this can make integration very cumbersome and time-consuming. 

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3. Sortly 

Sortly is a versatile inventory management solution. 

From supplies and raw materials to equipment and tools, it lets you track different types of commodities with essential transload management features that can help you improve inventory stocktaking accuracy for your warehouse. 

Furthermore, it supports inventory barcode management to automate manual record-keeping and improve invoice processing speed and accuracy. 

You can also take photos of inventory items with Sortly when receiving goods, which makes it very useful if you run a transload freight shipping warehouse and want to document freight conditions and reduce cargo rejection rates for your business. 

Best features: 

• You also get unlimited QR code label generation with this warehouse inventory management software so you can add labels to cargo as they arrive. This streamlines data collection and enables real-time traceability of inventory items. 
• It delivers a cloud-based platform with automatic data synching to help you reconcile your inventory via an app even when you’re not connected to the internet. This enables remote inventory updates using different devices. 
• Sortly also supports bulk inventory exports from spreadsheets, which enables you to auto-populate new inventory forms with data from underlying systems. This minimizes data migration tasks so you can hit the ground running fast. 

Pricing: 

• 14-day free trial. 
• Contact Sortly for pricing. 

Verdict 

Sortly is an excellent offline inventory management solution that enables you to manage your inventory and update items in real-time even when you’re out of range. However, it experiences periodic synching issues particularly when you’re using it on the mobile application so it may not always give you an accurate reflection of stock levels.

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4. Cin7

Ready to take warehouse efficiency to the next level?

Cin7 can make that happen with automated stock control that streamlines operations and enables efficient transloading and intermodal shipping processes as well as seamless cross-decking to minimize your inventory needs. 

Moreover, it has a comprehensive task management module that lets you allocate inventory work more efficiently depending on complexities and priorities. 

Cin7 is popularly used with some of the best transload service companies also because of its ability to accurately forecast inventory demands based on your warehouse’s historical data. This helps to reduce inventory waste and optimize operations. 

Best features: 

• It gives your transloading warehouse more than 100 customizable inventory templates, with different KPIs. These help provide a structured, and standardized way of tracking and managing inventory items no matter who creates the forms.
• Cin7 integrates with popular accounting solutions such as QuickBooks online, which helps you reconcile financial and inventory reports automatically. This reduces the risk of error by eliminating manual reconciliation processes. 
• You also get a B2B customer portal you can customize according to your brand’s image to preserve brand recognition. This portal enables customers to place & manage their own orders, thus increasing efficiency for your warehouse staff.

Pricing: 

• 14-day free trial. 
• Starting plan: $349 per month. 

Verdict 

Cin7 is one of the best inventory management software for its inventory forecasting features that help you optimize storage space and reduce labor needs. Nonetheless, I’ve established that customer service is practically non-existent for this software, and so you may be on your own if you need assistance with setup & more. 

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5. inFlow Inventory

inFlow Inventory offers a hierarchical inventory setup.

You can create virtual inventory locations, where you group similar items, and sub-locations for the locations of specific pallets within the parent group. This is useful if you’re a transload shipping service because it improves outbound shipment planning. 

Additionally, you get customizable inventory dashboards that comprehensively visualize stock levels across your warehouse for better decision-making. 

inFlow Inventory also has crucial features of transloading software for warehouses like the ability to assign tasks and restrict system access based on location, which ensure controlled and efficient collaboration. 

Best features:

• You can use inFlow Inventory’s scan to fulfill or receive orders feature to perform warehouse fulfillment tasks remotely from any device. This feature also lets you update inventory quantities conveniently while on mobile to minimize legwork.  
• It also lets you define reorder pointers which trigger the reordering of certain items the moment inventory levels dip below certain points. So it helps you stay ahead of surges in demand to avoid stockouts and reduce the risk of lost sales.
• inFlow Inventory lets you create professional quotes for customers, depending on the type of commodity in question, and additional factors like handling costs and shipping distances. This ensures there are no surprises to minimize disputes. 

Pricing: 

• 14-day free trial. 
• Starting plan: $89 per month. 

Verdict 

If you’d like to improve cross-functional collaboration in inventory management, inFlow Inventory has key task allocation & user control features to help improve teamwork. However, I’ve noticed that you may need to purchase additional inventory equipment for the platform, like a smart scanner which adds an initial $1,399 to your expenses. 

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6. ShipHero

Want to speed up inventory reconciliation? 

ShipHero is an excellent solution for optimizing yard operations and inventory record keeping with its cycle count feature. It makes it easier to take note of glaring errors and generally oversee different inventory processes. 

Better yet, you can set automatic record and replenishment level configurations to trigger automatic re-orders so that you never run out of stock. 

If you’re looking for an excellent inventory management software for multi-warehouse task allocation, ShipHero is still a top choice. It can help you to easily and more accurately manage different yard locations and inventories to boost efficiency.

Best features: 

• ShipHero gives you a mobile replenishment feature that enables you to manage and implement better inventory control on the go. The app can guide you toward the location of target items in your inventory so that you get what you need faster. 
• It also offers comprehensive inventory tracking features, which record various inventory activities such as who retrieved what, when, and where. This information reduces manual processes and improves inventory accountability. 
• ShipHero also has a ParcelView functionality that takes a snapshot of the package interior before shipping and puts it up for viewing on a shipping screen. So it can help you reduce shipping errors & ascertain shipment conditions. 

Pricing: 

• No free trial. 
• Contact ShipHero for pricing. 

Verdict 

ShipHero offers multi-warehouse allocation features, which enable you to monitor and manage inventory levels at different yards and warehouses more conveniently & effectively. However, I’ve established that you need to buy multiple add-ons separately to get the full capabilities of the platform, which can make it a very expensive solution. 

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7. ShipBob

ShipBob greatly improves inventory tracking. 

If you often transload goods from tuck & rail and lose count of inventory items and locations, ShipBob saves the day with QR code tracking. This simplifies inventory processes, enabling you to know where goods are in real time for fast order processing. 

What’s more, its analytics reporting tool collects actionable inventory data to help you make informed decisions that boost cost-efficiency for your warehouse. 

Just like transloads.co, it also gives you important transloading insights for your warehouse, including asset locations and worker performances. This enables you to optimize operations, boost productivity, and even enhance safety in your workflow. 

Best features: 

• ShipBob delivers automated and intuitive inventory sorting features and guides that help you curb inventory disorganization. As a result, it can help you boost order accuracy rates and also avoid overstocking and understocking challenges. 
• It offers a cloud-based inventory management software that enables remote access to inventory and warehouse data at large. So you can perform inventory management remotely and collaborate seamlessly with colleagues. 
• ShipBob allows you to set advanced and automated reorder points for your inventory across multiple warehouses. This greatly streamlines the re-ordering process to reduce your iterative workload and ensure more timely re-ordering. 

Pricing: 

• No free trial. 
• Contact ShipBob for pricing. 

Verdict 

With ShipBob’s automated and intricate reordering formula, you can avoid stockouts and ensure that you’re not caught off-guard when stock dips below dangerous levels. That being said, I’ve noticed that setting up the software can be very challenging since customer support is lacking and some of the available tutorials are outdated & obsolete.

Schedule a free demo 

8. Fishbowl Inventory 

Rely on QuickBooks to run your business? 

If so, Fishbowl Inventory is one of the best transloading software and warehousing solutions to partner it with. It delivers native integrations with QuickBooks to help simplify financial and inventory reconciliation by cutting out manual data transfer. 

By leveraging lot numbers, serial numbers, and other features, Fishbowl Inventory lets you track each product by condition and location for easy sorting. 

You also get important warehouse & transload management features like barcode scanning, which allows you to perform complex inventory warehousing jobs. For instance, you can use this to automate inventory data entry and enhance productivity. 

Best features: 

• Fishbowl Inventory offers real-time stock visibility, providing data about in-demand items, stock quantities and other key details. With this information, you can minimize inventory needs by keeping on hand only what you need.
• It delivers advanced integrations with QuickBooks, allowing you to link up inventory-related activities to accounting records. This helps you make cash flow predictions and calculate taxes, shipping, and other auxiliary costs easily. 
• Fishbowl Inventory delivers systematic inventory organization that allows you to store each company’s products in separate warehouses. This helps to speed up order fulfillment for your warehouse and shorten wait times for customers. 

Pricing: 

• 14-day free trial. 
• Starting plan: $329 per month. 

Verdict 

If you use QuickBooks for your business, Fishbowl Inventory is one of the best  warehouse inventory management software to partner with due to its seamless integration with this tool. Nonetheless, the user interface is quite clunky and messy, which makes it challenging to figure out and this can greatly steepen its learning curve. 

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9. Katana MRP 

Katana MRP is great if you store perishable goods. 

That’s because it automates expiry date tracking and even gives you timely alerts, thereby overcoming the challenges of managing inventory with Excel, which lacks real-time visibility. This helps minimize waste using the First Expire, First Exit approach. 

You also get a live inventory master planning dashboard with real-time insights that help organize inventory strategically for better time and cost-efficiency. 

For transload facilities, Katana MRP can help improve transloading ROI by offering comprehensive overviews of inventory tasks and warehouse operations to reveal hidden process inefficiencies. 

Best features: 

• It gives you a diverse ecosystem of integrations that cover auxiliary systems for warehouse operations like accounting and shipping management tools. This helps you unite all your favorite apps under one roof to reduce context switching. 
• You can track products in your inventory by batches and serial numbers with a barcoding system that helps ensure quick and effortless product identification. This can help speed up customer support, maintenance and warranty claims. 
• Katana MRP’s cloud-based platform gives your team live data about the location of goods across different warehouses. So it can help you coordinate inventory tasks better to improve collaboration and reduce inventory errors as well. 

Pricing: 

• No free trial. 
• Starting plan: $179 per month. 

Verdict 

With Katana MRP’s robust live tracking features and alerts, you can easily zero in on products by expiry date to minimize waste and protect your profit margins. While they initially charge $179 in subscription fees, I’ve noticed a trend where they implement automatic price hikes as your needs grow, making it a costly solution in the long run.

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10. Ordoro 

Are your shipping processes too slow and hectic? 

You can set inventory shipping rules, which makes it a great warehouse inventory management software to help intermodal and transloading shipping warehouses like yours get orders out of the door faster. 

By leveraging Ordoro’s inventory kitting features, you can easily bundle related goods or consolidate shipping orders to ensure space efficiency and lower costs.

Furthermore, when choosing transloading software and warehouse automation solutions like Ordoro, you get barcode order picking. This improves the accuracy of your loading operations to reduce the risk of shipment mix ups. 

Best features: 

• It lets you set automation rules that allocate stock to orders, depending on whether the target warehouse has enough inventory. So you can ship more strategically to get around low stock situations and other challenges. 
• You also get advanced inventory item filters that enable you to really drill down on very specific products. It even lets you link items to specific tasks, and track them accordingly to help trace their locations and the status of the work as well. 
• Ordoro’s automatic inventory synching feature helps you centralize inventory tracking and activity data from multiple warehouse locations or sales channels. This leads to improved and more effortless inventory control for your business. 

Pricing: 

• 15-day free trial. 
• Starting plan: $349 per month. 

Verdict 

Ordoro’s extensive inventory kitting features make it a great option if you’d like to optimize space, improve product sales and generally increase efficiency for your warehouse. However, I’ve noticed that this kitting feature can compile product totals incorrectly particularly in terms of quantities, so you may need to follow up manually.

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Conclusion

Effective space management is key to profitability.

Yet, when you lack real-time visibility into your inventory, bloat, and space inefficiencies easily go unnoticed. 

Poor warehouse utilization ultimately leads to massive wastage of space, and this also causes huge inefficiencies that also slow down your operations. 

In fact, more than 91% of warehouses say that proper space utilization is a top priority today for their businesses. This is largely because of the rising per-square-costs of maintaining warehouses.

With the right warehouse inventory management software, however, you get real-time data to help capitalize on every inch of available space. Overall, I recommend transloads.co if you’re a transloading warehouse seeking holistic efficiency. 

Click here to start your free transloads.co trial to leverage our software to help you maximize space utilization. 

With our platform, you’ll also be able to manage inventory for bulk commodities, serialized goods, and dimensional cargo more accurately to boost throughput.