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Consider your inventory situation at the moment: how many possible sales deals have you lost to out-of-stock items? Or worse, how much money have you wasted storing products that barely move?
It’s frustrating, isn’t it?
But here’s the good news: AI inventory management software takes that weight off your shoulders. With smarter algorithms, predictive analytics, and real-time inventory tracking, these tools can improve your inventory management efforts.
In this blog post, we’ll explore the top 10 inventory management systems to help you regain control. Let’s jump in! 🤸🏽♀️
- What Should You Look for In AI Inventory Management Software?
- The 10 Best AI Inventory Management Software
- 1. ClickUp (Best for AI-powered inventory management and task automation)
- 2. Zoho Inventory (Best for growing businesses needing user-friendly tools and automation)
- 3. Cin7 (Best for integrating inventory management with POS and eCommerce platforms)
- 4. DEAR Inventory (Best for managing inventory and orders with manufacturing)
- 5. Fishbowl Inventory (Best for QuickBooks users seeking advanced inventory and manufacturing solutions)
- 6. Unleashed Software (Best for managing purchasing, warehousing, sales, and production together)
- 7. Peak AI (Best for AI-driven insights to balance inventory levels and demand)
- 8. ThroughPut AI (Best for supply chain efficiency and demand forecasting with AI)
- 9. Inventory Planner by Sage (Best for precise inventory forecasting and planning)
- 10. Katana (Best for real-time inventory management and production planning for manufacturers)
⏰ 60-Second Summary
Here are our top picks for solid AI inventory management software:
- ClickUp (Best for AI-powered inventory management and task automation)
- Zoho Inventory (Best for growing businesses needing user-friendly tools and automation)
- Cin7 (Best for integrating inventory management with POS and eCommerce platforms)
- DEAR Inventory (Best for managing inventory and orders with manufacturing)
- Fishbowl Inventory (Best for QuickBooks users seeking advanced inventory and manufacturing solutions)
- Unleashed Software (Best for managing purchasing, warehousing, sales, and production together)
- Peak AI (Best for AI-driven insights to balance inventory levels and demand)
- ThroughPut AI (Best supply chain efficiency and demand forecasting with AI)
- Inventory Planner by Sage (Best for precise inventory forecasting and planning)
- Katana MRP (Best for real-time inventory and production planning for manufacturers)
What Should You Look for In AI Inventory Management Software?
When selecting AI inventory management software, it’s essential to prioritize features that optimize stock management, reduce costs, and enhance operational efficiency.
Look for the following in your inventory app:
- Accurate demand forecasting: AI should analyze historical sales, market trends, and other factors to predict future demand accurately, preventing stockouts and overstocking
- Real-time inventory tracking: Stock monitoring via barcode scanning or Internet of Things (IoT) devices ensures immediate visibility of inventory status across locations
- Automated reordering: The system should automatically generate purchase orders based on predicted demand and available stock levels, reducing manual intervention
- Inventory optimization: Dynamic adjustments based on real-time data help maintain optimal stock levels and minimize carrying costs
- Predictive analytics: AI-driven analytics can identify trends and potential disruptions, such as equipment failures, for proactive action
- Scalability: The software must grow with your business, adapting to increased data and more complex inventory needs
- Reporting and analytics: Robust reporting capabilities allow you to analyze trends, monitor inventory performance, and uncover areas for improvement
🧠 Fun Fact: The first known inventory management system dates back to ancient Egypt, where scribes tracked grain and other goods to ensure they had enough supplies for the population.
The 10 Best AI Inventory Management Software
Efficient inventory management is all about working smarter, not harder. AI-powered tools are making that easier than ever.
Here are 10 great options worth exploring. 🧐
1. ClickUp (Best for AI-powered inventory management and task automation)
If you’re looking for a way to keep your inventory in check without all the extra effort, ClickUp might be exactly what you need.
As the everything app for work, ClickUp makes it simple to create an inventory system. Let’s see how.
ClickUp Brain
Start with ClickUp Brain, a smart AI tool that transforms routine inventory tasks. It analyzes data across your workspace to highlight stock shortages, slow-moving items, and optimal reorder times.
It even suggests next steps, like creating purchase orders or alerting your team when stock is low, acting like a virtual assistant for your inventory.
ClickUp Automations
Next, let’s talk about ClickUp Automations. They can help with inventory management by handling repetitive tasks, like updating stock levels or sending reminders when it’s time to restock.
For instance, if a team member logs a stock issue, the automation can notify the warehouse manager instantly.
ClickUp Goals
Want to align your inventory management with your bigger goals? ClickUp Goals makes it happen.
It allows you to set number targets for inventory and track each milestone as items are processed. For instance, you can set goals like ‘Restock 200 items this month’ or ‘Reduce stock discrepancies to under 5%.’
You can also share inventory Goals with warehouse staff or supply chain managers, ensuring everyone is aligned.
ClickUp Chat
And when it comes to communication, ClickUp Chat ties everything together. You can keep all conversations tied to specific tasks.
It lets you directly convert inventory-related conversations into actionable tasks in Chat, ensuring no critical updates are overlooked. With everyone on the same page, coordination is faster, and errors are reduced.
ClickUp Inventory Management Template
Add the ClickUp Inventory Management Template to the mix, and organizing your stock becomes straightforward. This template keeps all your inventory details in one place, helping you avoid mistakes like double ordering or losing track of supplies.
Additionally, this inventory template helps you:
- Monitor stock levels, movements, and cost changes
- Organize product details such as pricing and images in a simple database
- Analyze trends to make smart decisions on when to restock
ClickUp best features
- Seamless integrations: Connect ClickUp with tools like Google Calendar and Zapier for smooth workflows and eliminate the need to switch between multiple apps
ClickUp limitations
- Due to its wide range of features and customization options, new users may experience a learning curve
- Some users report that the mobile version of ClickUp lacks certain features
ClickUp pricing
- Free forever
- Unlimited: $7/month per user
- Business: $12/month per user
- Enterprise: Contact for pricing
- ClickUp Brain: Add to any paid plan for $7/month per user
ClickUp ratings and reviews
- G2: 4.7/5 (9,000+ reviews)
- Capterra: 4.6/5 (4,000+ reviews)
🔍 Did You Know? Modern barcode technology, which has transformed inventory management, was invented in 1952 by Norman Joseph Woodland and Bernard Silver. It revolutionized how products are tracked and managed.
2. Zoho Inventory (Best for growing businesses needing user-friendly tools and automation)
Zoho Inventory is a flexible inventory management software designed to help businesses handle stock, orders, and sales with precision.
From selling across multiple channels to managing inventory across warehouses, Zoho Inventory provides tools to track stock, automate operations, and effectively meet customer demands.
Its integration capabilities and customization options make it adaptable for businesses of any size. Additionally, it handles multiple currencies and taxes, making it suitable for international operations.
Zoho Inventory best features
- Use barcode and RFID systems to monitor items and track inventory accurately by batch or serial number
- Receive low-stock alerts by setting reorder points, helping you stay informed and prevent stockouts
- Handle sales spikes with tools to backorder or fulfill demands through dropshipping
- Generate carrier rates, shipping labels, and tracking updates directly within the platform
Zoho Inventory limitations
- The reporting functionalities, such as the ‘Stock Count’ report, are considered inadequate by some users
- The system does not support assigning weights to product variants, requiring manual entry of weights for packages containing multiple items
Zoho Inventory pricing
- Standard: $39/month per user
- Professional: $99/month per user
- Premium: $159/month per user
- Enterprise: $299/month per user
Zoho Inventory ratings and reviews
- G2: 4.3/5 (90+ reviews)
- Capterra: 4.5/5 (390+ reviews)
3. Cin7 (Best for integrating inventory management with POS and eCommerce platforms)
CIN7 is a connected inventory management platform built to support your businesses at every stage. It combines real-time inventory visibility with automation to give you a complete view of your stock across systems, sales channels, and regions.
The tool helps you track lot/batch expiration and create SKUs tailored to your product variations. Plus, with advanced inventory forecasting and over 700 pre-built integrations, you can streamline complex operations like multi-location inventory, B2B eCommerce, and order fulfillment.
CIN7 best features
- Forecast inventory with ForesightAI and predict demand up to 24 months in advance
- Access live stock levels, actual COGS, and landed cost reporting to make better business decisions
- Track stock across multiple locations with features like bin management and multi-location planning
- Utilize built-in EDI and 3PL to integrate natively with third-party logistics software and large-scale retailers
CIN7 limitations
- Some users find Cin7’s pricing to be on the higher side
- Cin7 is perceived to be less customizable compared to other inventory management solutions
CIN7 pricing
- Standard: $349/month per 5 users
- Pro: $599/month per 10 users
- Advanced: $999/month per 15 users
- Omni: Custom pricing
CIN7 ratings and reviews
- G2: 4.2/5 (270+ reviews)
- Capterra: 4.3/5 (700+ reviews)
🧠 Fun Fact: The term ‘just-in-time’ inventory management was first coined by Toyota in the 1970s. This approach aims to reduce inventory levels by receiving goods only when needed in the production process.
4. DEAR Inventory (Best for managing inventory and orders with manufacturing)
Built for businesses in retail, wholesale, and manufacturing, DEAR Inventory offers tools for automation, real-time tracking, and seamless integration with other systems like Xero, QuickBooks, and major e-commerce platforms.
DEAR is known for its automation module and B2B portal, which allows you to eliminate repetitive tasks and provide customers with direct access to manage their orders.
DEAR Inventory best features
- Automatically sync invoices, bills, and payments with Xero or QuickBooks, reducing manual entry
- Offer a self-service platform to manage orders, browse catalogs, and access reordering options for improved customer satisfaction
- Run DEAR POS across devices for online and offline transactions, loyalty programs, and refunds
- Use DEAR’s automation module to set conditions, schedule reports, and assign task notifications across departments like warehouse, sales, and accounting
DEAR Inventory limitations
- It enforces limits on the number of API requests per minute and per day, which can slow down data synchronization
- No mobile app is available for on-the-go usage
DEAR Inventory pricing
- Price: $249/month per 5 users
DEAR Inventory ratings and reviews
- G2: Not enough reviews
- Capterra: Not enough reviews
🧠 Fun Fact: The concept of RFID (Radio Frequency Identification) for inventory management was introduced in the early 2000s and allows for real-time tracking of goods, improving accuracy and reducing human error in inventory processes.
5. Fishbowl Inventory (Best for QuickBooks users seeking advanced inventory and manufacturing solutions)
Fishbowl Inventory ensures you’re always on top of your stock. It is an intuitive AI-powered inventory management software tailored for manufacturing, warehousing, and shipping businesses. Its standout feature is real-time visibility, providing up-to-the-minute updates on stock levels to help businesses avoid overstocking or stockouts.
This inventory optimization software excels in customizable workflows and automation, giving you the flexibility to set automated reorder points, create product bundles, and offer substitute products.
Fishbowl Inventory best features
- Sync data with accounting systems to connect inventory movement with cash flow effortlessly
- Define stock thresholds and let Fishbowl generate purchase orders automatically, preventing shortages or excess inventory
- Provide alternative items when primary products are out of stock to keep customers satisfied and maintain sales
- Use barcoding to track inventory movement across multiple locations with precision and speed
Fishbowl Inventory limitations
- While feature-rich, Fishbowl can present constraints in personalization
- Fishbowl’s performance may degrade with very large databases, affecting efficiency
Fishbowl Inventory pricing
- Custom pricing
Fishbowl Inventory ratings and reviews
- G2: 4.0/5 (260+ reviews)
- Capterra: 4.2/5 (980+ reviews)
6. Unleashed Software (Best for managing purchasing, warehousing, sales, and production together)
Unleashed Software offers an edge in managing your stock and operations. It provides actionable insights with complete inventory control over products, whether tracking materials, finished goods, or supplies.
Its scalability is ideal for growing businesses and connects seamlessly with various accounting and e-commerce platforms. The software is designed for industries that require precise tracking, such as manufacturing and distribution.
Unleashed Software best features
- Automatically update inventory levels as transactions occur, providing up-to-the-minute visibility on stock levels and movements
- Set notifications for low stock levels, upcoming expiration dates, or other key inventory triggers to stay ahead of potential issues
- Create custom reorder triggers to automatically replenish stock based on predefined criteria, saving time and avoiding stockouts
- Use AI to predict demand and adjust your inventory levels accordingly, ensuring you’re always stocked to meet customer needs
Unleashed Software limitations
- Users have reported difficulties in integrating Unleashed with other systems, such as Xero
- The platform’s extensive features may require significant time to master
Unleashed Software pricing
- Medium: $380/month per 3 users
- Large: $710/month per 8 users
- Large Plus: $1,080/month per 20 users
Unleashed Software ratings and reviews
- G2: 3.9/5 (20+ reviews)
- Capterra: 4.4/5 (280+ reviews)
🔍 Did You Know? AI-based demand forecasting can help businesses prepare for seasonal changes, promotions, and even global supply chain disruptions, ensuring they have the right products at the right time.
7. Peak AI (Best for AI-driven insights to balance inventory levels and demand)
Peak AI optimizes core business processes like inventory management and pricing. It creates a custom AI tool for each business, tailored to its unique needs, products, and data. Whether you’re managing millions or billions in revenue, Peak AI works across your organization to enhance performance, reduce costs, and increase profits.
It helps you avoid stockouts, improve cash flow, and ensure the right products are always available at the right time.
Peak AI best features
- Meet service level agreements (SLAs) and on-time-in-full (OTIF) targets by having the right stock in the right place at the right time
- Minimize wastage and maximize profitability by optimizing safety stock levels and reducing shipping costs across your distribution network
- Free up working capital, reduce unnecessary inventory, and focus resources on high-demand items for supply chain optimization
Peak AI limitations
- Integrating Peak AI into existing business processes can be complex
- Setting up and customizing automations can be complicated
Peak AI pricing
- Custom pricing
Peak AI ratings and reviews
- G2: Not enough reviews
- Capterra: Not enough reviews
💡Pro Tip: Use order management software to keep all your orders in one place. It automates tracking, inventory updates, and invoicing, saving you time and reducing mistakes.
8. ThroughPut AI (Best for supply chain efficiency and demand forecasting with AI)
ThroughPut integrates critical data across your operations to identify inventory management challenges and inefficiencies, enabling smarter decision-making.
Through its advanced AI capabilities, ThroughPut optimizes capacity management, inventory planning, and logistics to drive significant improvements in both operational and financial performance.
ThroughPut AI best features
- Make near-term predictions about demand, allowing you to adjust product mixes and inventory levels accordingly
- Automatically rebalance excess and understocked items to improve availability, reduce working capital, and enhance profitability
- Utilize correct buffer sizing to minimize stock wastage while monitoring buffer consumption to align with recommended stock levels for short- and long-term needs
ThroughPut AI limitations
- Predictions can be unreliable if historical data used for training is incomplete, inaccurate, or biased
- AI may struggle to react quickly to unexpected disruptions, such as demand spikes or supply chain issues
ThroughPut AI pricing
- Custom pricing
ThroughPut AI ratings and reviews
- G2: Not enough reviews
- Capterra: Not enough reviews
🔍 Did You Know? AI-enhanced predictive analytics can anticipate market shifts, such as changes in consumer preferences or economic conditions, helping companies adapt their inventory strategies in real time.
9. Inventory Planner by Sage (Best for precise inventory forecasting and planning)
Inventory Planner by Sage offers a precise and reliable approach to inventory management, empowering you to make data-driven decisions. Advanced demand forecasting, automated purchase order generation, and robust multi-location management ensure inventory accuracy.
Designed to adapt to fluctuating sales trends and market dynamics, Inventory Planner helps businesses maximize profitability while minimizing waste.
Inventory Planner best features
- Apply advanced algorithms to analyze historical inventory data, seasonality, and market trends for accurate sales forecasts and supply chain management
- Manage your buying budgets with open-to-buy tools tailored for businesses with seasonal fluctuations or varying inventory needs
- Identify excess inventory using metrics like last sold date, overstock costs, and units to recover cash flow and improve stock health
- Connect with platforms like Shopify to pull real-time sales data for accurate forecasts and inventory decisions
Inventory Planner limitations
- Some users report that the forecasting feature may not always display the necessary data
- Instances of unresponsive or indifferent customer support have been noted
Inventory Planner pricing
- Essential: $119/month per user
- Team: $249.99/month per user
Inventory Planner ratings and reviews
- G2: Not enough reviews
- Capterra: 4.6/5 (30+ reviews)
📖 Also Read: 10 AI Tools for Manufacturing Teams and Projects
10. Katana (Best for real-time inventory management and production planning for manufacturers)
Katana brings your manufacturing operations into focus with its AI-powered cloud platform. Tailored for multichannel sellers, it bridges the gap between inventory tracking and production planning, giving you a complete view of your operations in real time.
From tracking raw materials and monitoring production progress to ensuring on-time order fulfillment, Katana delivers efficient, actionable insights. As an e-commerce inventory management software with visual production planning, it’s tailored to meet the needs of small to medium-sized manufacturers.
Katana best features
- Get live updates on raw materials, work-in-progress (WIP), and finished goods across multiple locations
- Drag and drop tasks on an intuitive dashboard to schedule production, prioritize orders, and allocate resources efficiently
- Manage detailed Bill of Materials (BOM) for every product, ensuring accurate cost calculations and raw material procurement
- Sync inventory and sales data with popular platforms like Shopify, WooCommerce, and BigCommerce for real-time updates
Katana limitations
- Some users have noted the inability to track shipping supplies within the system
- Instances of software glitches and slow loading speeds have been observed
Katana pricing
- Starter: $199/month per user (Billed quarterly)
- Standard: $399/month per user (Billed quarterly)
- Professional: $899/month per user (Billed quarterly)
Katana ratings and reviews
- G2: 4.4/5 (50+ reviews)
- Capterra: 4.6/5 (160+ reviews)
Let ClickUp Handle Your Inventory Seamlessly
AI in inventory management software transforms how businesses track, optimize, and forecast inventory. With automation and real-time insights, you can save time, enjoy cost savings, and optimize warehouse operations.
Among the 10 options explored above, ClickUp stands out for its flexibility and range of features.
ClickUp Brain keeps all your knowledge in one spot, making everything easy to access. Automations take care of the repetitive stuff like updating stock levels or sending restock reminders, giving you more time to focus on what matters.
Additionally, ClickUp Goals lets you track your progress and ensure everything aligns with your business objectives.
Together, these features make ClickUp a powerful solution for businesses looking to streamline their operations and stay ahead. Sign up to ClickUp for free and overcome inventory management challenges with ease!