Tired of stock sitting idle for months while you chase items customers requested weeks ago? Inventory could easily be both a lifesaver and a headache, depending on how well you manage it.
The fix? A well-integrated ERP inventory management system that replenishes stock based on the latest production orders. The right solution relieves your team’s burden while driving stock optimization and inventory health.
No worries, we’ve got you. To save you time, effort, and maybe even inventory, here are the top 10 ERP inventory management software with key features, limitations, and user ratings.
⏰ 60-Second Summary
Adopting the right solution is vital to avoid stockouts or excess pile-ups when handling multiple active components. Here are the top 10 ERP inventory management software solutions for you to adopt:
- ClickUp (Best for streamlining and managing inventory operations)
- SAP Business One (Best for small and midsize business operations)
- Odoo (Best for inventory control customization)
- Zoho Inventory (Best for in-depth inventory tracking)
- Epicor ERP (Best for manufacturing-focused distribution)
- Oracle NetSuite (Best for cloud-based inventory management)
- Microsoft Dynamics 365 (Best for product-centric inventory optimization)
- Sage X3 (Best for finance-focused inventory management)
- ERPNext (Best for open-source inventory tracking)
- SAP S/4HANA (Best for enterprise-wide inventory insights)
10 ERP Inventory Management Software for Stock Control and Efficiency
- ⏰ 60-Second Summary
- Understanding ERP Inventory Management
- What Should You Look for in ERP Inventory Management Software?
- The 10 Best ERP Inventory Management Software
- 1. ClickUp (Best for streamlining and managing inventory operations)
- 2. SAP Business One (Best for small and midsize business operations)
- 3. Odoo (Best for inventory control customization)
- 4. Zoho Inventory (Best for in-depth inventory tracking)
- 5. Epicor ERP (Best for manufacturing-focused distribution)
- 6. Oracle NetSuite (Best for cloud-based inventory management)
- 7. Microsoft Dynamics 365 (Best for product-centric inventory optimization)
- 8. Sage X3 (Best for customizable ERP inventory workflows)
- 9. ERPNext (Best for open-source inventory tracking)
- 10. SAP S/4HANA (Best for enterprise-wide inventory insights)
- Achieving Peak Inventory Health with ClickUp
Summarize this article for me pleaseUnderstanding ERP Inventory Management
Enterprise resource planning (ERP) systems are modules that help your business manage production, logistics, sales, and finance information. They help you visualize what you need, why, and how to fund it.
Adopting an ERP inventory system helps use that data for better stock tracking and control. Plus, there are no manual records; everything is system-driven. Fundamentally, ERP systems aren’t an add-on; they’re essential power-ups.
Here are the key ways to integrate them into your inventory systems:
- Update inventory levels instantly with every receipt, sale, or movement
- Trigger automated reorders when stocks reach a set threshold
- Consolidate inventory data across warehouses and stores for a unified view
- Facilitate consumption predictions with its demand-based stock development data
- Incorporate with scanning tech to ensure stage-wise mapping and records
- Link inventory costs with accounting for real-time financial insights.
- Align suppliers, warehouses, shippers, and sales teams with EDI (electronic data interchange) integrations
Still doubtful about how this is a level-up? Here’s how ERP-powered inventory solutions stand apart from traditional ones:
| Feature | ERP Inventory Management | Traditional Inventory Management |
|---|---|---|
| Data Accuracy | High, real-time updates | Prone to manual errors |
| Automation | Automates tracking & reordering | Manual processes, slower |
| Scalability | Easily handles multiple locations | Limited to specific locations |
| Integration | Connects with finance, sales, and suppliers | Standalone and focuses only on current stock levels Minimal integration |
| Visibility | End-to-end supply chain management insights | Fragmented, delayed |
🔎 Did You Know? The earliest known form of an inventory system was using clay tablets in ancient Mesopotamia—the records detailed the quantities of grains, animals, and other goods stored in warehouses!
Summarize this article for me pleaseWhat Should You Look for in ERP Inventory Management Software?
The potential that ERP-powered solutions have has often made choosing the right solution even more crucial. Get it right and start strong by prioritizing these key aspects:
- Real-time tracking: Choose solutions that update stock levels instantly. Up-to-date inventory data prevents excess inventory, eliminates shortages, and improves forecasting accuracy
- AI and automation capabilities: Opt for tools with automation for tasks like order processing and stock updates. This speeds up operations with AI-driven replenishment and forecasting
- Scalability and customization: Select software with flexible modules and configurable features to adapt to business growth. Tailor workflows to fit your unique inventory needs and industry demands
- Advanced reporting and analytics: Prioritize platforms with analytical dashboards and trend visualizations. Focus on data-driven insights to optimize inventory costs
💡 Pro Tip: Upgrading an ERP system is one of the more expensive IT decisions, often costing around $500 million for enterprises. So, it’s best to list your must-have features before screening options.
Summarize this article for me pleaseThe 10 Best ERP Inventory Management Software
With what you need ready, let’s move on to the best options in the market.
1. ClickUp (Best for streamlining and managing inventory operations)
The first one is ClickUp, the everything app for work, which is especially suited for something as systematic and crucial as inventory management. It offers over 30 features to visualize and track your inventory.
Central to this capability is ClickUp’s Table View, an intelligent alternative to traditional stock tracking spreadsheets. This dynamic feature allows users to meticulously record product details, assign responsibilities, prioritize tasks, and monitor inventory status within a customizable interface.
Leveraging Custom Fields, businesses can incorporate specialized inventory metrics like stock age, expected monthly consumption, and reorder points, gaining deeper insights into their operations. Furthermore, Table View facilitates seamless task creation, enabling immediate follow-up on identified issues directly within the inventory space.
With its support for instant commenting, rich color coding, and multiple exporting options, ClickUp ensures systematic, traceable inventory optimization and efficient data sharing, transforming complex inventory management into a streamlined and collaborative process.
Businesses can also use ClickUp Integrations to connect their inventory management workspace with native and external HR solutions, finance management, and customer relationship management (CRM) systems.
There’s more! ClickUp Brain, ClickUp’s AI-powered assistant, makes the platform great for in-depth inventory data analysis as well as generating quick summaries and insights. Ask the AI assistant for instant updates on upcoming shortages, possible obsolescence, and changes in stocking policy documents.
ClickUp Brain can also help you create advanced automation for task assignments, purchase order creation, and routine report communication.
Need to save some of the setup time? ClickUp also features an extensive library of inventory templates to get your team started instantly. The ClickUp Inventory Management Template is the pre-designed solution you need for smooth order management.
It comes with:
- Over eight Custom Fields, each specialized to focus on various replenishment statuses
- The timeline view helps control reordering points according to production sequences
- Color-coded for easy tracking and budget elements to keep teams in line with weekly credit limits and sales targets
The ClickUp Inventory Template is another simple option for tracking inventory, payments, and vendor locations. Its dedicated order form simplifies internal ordering and makes delivery logs more straightforward.
ClickUp best features
- Drive holistic inventory tracking with ClickUp Dashboard’s analytical data visualizations
- Collaborate in real-time and assign tasks for inventory operations with ClickUp Chat
- Automate stock replenishment and reporting with dedicated ClickUp Automations
- Boost ERP capabilities with specialized ClickUp Integrations like QuickBooks and Zapier
- Create and delegate inventory lists instantly to multiple functions with ClickUp Tasks
- Track team and inventory resource utilization with the customizable ClickUp Workload View
ClickUp limitations
- Mastering all the features may take some time
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 member
ClickUp rating and reviews
- G2: 4.7/5 (10,000+ reviews)
- Capterra: 4.6/5 (4,300+ reviews)
This online review accurately sums up what ClickUp does for inventory management:
2. SAP Business One (Best for small and midsize business operations)
The word ERP is synonymous with software giant SAP. One of its offerings is SAP Business One, an ERP inventory management solution tailored for small and medium-sized businesses. The software offers customizable pick-and-pack processes and automated data gathering, enhancing operational efficiency and decision-making.
Business One has integrated analytics for a crystal-clear view of stock levels. It also comes with automated alerts to prevent stockouts or overstocking. Plus, it seamlessly connects inventory management with production, finance, and sales, giving you a holistic picture.
SAP Business One best features
- Perform instant availability checks and track item stock levels with real-time visibility
- Efficiently manage inventory in real-time across multiple warehouses
- Review stock development with inventory transactions dedicated to inventory planning
SAP Business One limitations
- Initial setup and configuration can be time-consuming and require high-level expertise
- Comes with a dated interface, and customizing it for unique business processes is quite costly
SAP Business One pricing
- Custom pricing
SAP Business One rating and reviews
- G2: 4.3/5 (500+ reviews)
- Capterra: 4.3/5 (300+ reviews)
What are real-life users saying about SAP Business One?
➡️ Read More: Best Procurement Management Software & Tools
3. Odoo (Best for inventory control customization)
Looking for a more modern and easy-to-tweak solution? Odoo is a great place to start for efficient inventory management. This tool boasts extensive features, including detailed virtual putaway locations like cold storage or shelves. It also allows teams to add clear rules in lead times and freight mode selection for strong order management.
The system provides real-time tracking of inventory levels across multiple warehouses, supports advanced routing mechanisms, and integrates seamlessly with barcode scanners to streamline operations. Its user-friendly interface and customizable features allow companies to adapt the system to their specific needs, enhancing overall accuracy in inventory handling.
Odoo best features
- Execute advanced shipping routes with subcontracting, cross-docking, and cross-dock planning
- Save time on replenishment with automated requests for quotation generations and triggered inter-warehouse transfer orders
- Simplify end-of-quarter reporting and price adjustments with real-time, in-depth cost reports
Odoo limitations
- Comes with inconsistent customer support quality, according to some users
- The app may get quite expensive as your team grows
Odoo pricing
- One App Free: $0
- Standard: $38.90/month per user
- Custom: $58.40/month per user
Odoo rating and reviews
- G2: 4.3/5 (250+ reviews)
- Capterra: 4.3/5 (1,200+ reviews)
📮 ClickUp Insight: We recently discovered that about 33% of knowledge workers message 1 to 3 people daily to get the context they need. But what if you had all the information documented and readily available?
With ClickUp Brain’s AI Knowledge Manager by your side, context switching becomes a thing of the past. Ask the question from your workspace, and ClickUp Brain will pull up the information from your workspace and/or connected third-party apps!
4. Zoho Inventory (Best for in-depth inventory tracking)
Zoho Inventory is a cloud-based ERP inventory management system designed to help businesses efficiently manage their stock, orders, and sales across multiple channels. It offers comprehensive features, such as exhaustive multi-warehouse tracking of inventory levels, barcode scanning, and seamless invoicing.
Zoho Inventory even has serial and batch tracking to link production and warehouse effectively. The solution also simplifies operations with quick reporting options and automated communication workflows. These features enable businesses to optimize operations, reduce manual errors, and maintain optimal stock levels.
Zoho Inventory best features
- Update stocks to account for damages, losses, or discrepancies with its inventory adjustment option
- Visualize and optimize how products fit into their designated boxes with packaging geometry
- Map your valuation strategies with customizable pricing for different customers, vendors, or regions
Zoho Inventory limitations
- Lacks deep manufacturing and supply chain planning tools found in full-scale ERP systems
- Does not support high-volume enterprises needing extensive automation and multi-location syncing
Zoho Inventory pricing
- Free
- Standard: $39/month (for two users)
- Professional: $99/month (for two users)
- Premium: $159/month (for two users)
- Enterprise: $299/month (for seven users) (Additional locations, orders, users, auto-scans, and warehousing are available as add-ons)
🧠 Fun Fact: ERP Inventory Management System is a 2.3 billion-dollar industry, and finding the correct software may be overwhelming.
Zoho Inventory rating and reviews
- G2: 4.3/5 (90+ reviews)
- Capterra: 4.5/5 (350+ reviews)
5. Epicor ERP (Best for manufacturing-focused distribution)
Are your operations more production-oriented? Manufacturing teams often prefer solutions like Epicor ERP, a comprehensive enterprise resource planning solution designed to enhance inventory management for businesses across various industries. This powerful ERP system includes supply chain essentials like inventory forecasting, order management, and basic automation.
Its advanced inventory management module accurately tracks stock levels across multiple locations and warehouses. It supports various inventory methods, such as LIFO (last in, first out), FIFO (first in, first out), and average cost. Plus, it offers advanced reporting tools like the what-if analysis for in-depth and accurate insights.
Epicor ERP best features
- Enhance ERP workflow efficiency with Epicor ecosystem integrations like Kinetic, Prophet 21, and BisTrack
- Automate processes such as order entry, purchasing, and production, reducing manual effort and increasing efficiency
- Maintain detailed records of inventory items for quality control and compliance purposes through lot and serial tracking capabilities
Epicor ERP limitations
- Unclear pricing and no trial period may make it difficult for teams to adopt the tool
- Performance and responsiveness may get slower after migrating to its cloud system
Epicor ERP pricing
- Custom pricing
Epicor ERP rating and reviews
- G2: 4/5 (1,100+ reviews)
- Capterra: Not enough reviews
What are real-life users saying about Epicor ERP?
6. Oracle NetSuite (Best for cloud-based inventory management)
Oracle NetSuite stands out for its 100% cloud system approach with minimal upgrade costs. It offers customizable visualizations and charts, making its dashboards perfect for presentations. Its real-time visibility includes a 360° overview of user-selected KPIs, inventory count by location, and projected stock levels.
The system’s demand-based replenishment feature utilizes historical sales data and seasonal trends to dynamically manage reorder points, ensuring timely restocking and minimizing stockouts. Additionally, NetSuite’s multi-location fulfillment allows for predefined fulfillment rules, eliminating multiple shipments for a single order and avoiding excess shipping charges.
Oracle NetSuite best features
- Automate inventory counts with NetSuite’s Smart Count
- Eliminate duplicate shipments and excess shipping charges with location-specific fulfillment rules
- Boost accuracy of stock audits with intelligent inventory cycle counts
Oracle NetSuite limitations
- Implementations can get quite expensive and daunting for smaller businesses
- Dedicated support needed in customized environments is often paid
Oracle NetSuite pricing
- Custom pricing
Oracle NetSuite rating and reviews
- G2: 4/5 (3,500+ reviews)
- Capterra: 4.2/5 (1,500+ reviews)
7. Microsoft Dynamics 365 (Best for product-centric inventory optimization)
Microsoft Dynamics 365 is an ERP solution that packs all the familiarity and feel of popular Office products such as Excel and Outlook. The solution delivers real-time multi-location warehousing and a strong procurement process module.
It also integrates with the Microsoft toolset, including Power BI, Power Automate, Office 365, Teams, and more. Plus, Microsoft Dynamics 365 allows clients to use its advanced AI capabilities to build customized AI agents for routine tasks. The system’s integration with other business processes, such as sales and purchasing, streamlines operations and enhances decision-making.
Microsoft Dynamics 365 best features
- Replenish inventory through insights with AI algorithms that process actuals, demand, and availability
- Set up automatic reorder points to streamline the replenishment process, ensuring timely restocking based on predefined thresholds
- Access role-based dashboards and training courses for a quick and easy workflow setup
Microsoft Dynamics 365 limitations
- Integrations are limited to the Microsoft ecosystem
- May lack the accessibility that remote teams need
Microsoft Dynamics 365 pricing
- Free Trial
- Dynamics 365 Business Central Essentials: $70/month per user
- Dynamics 365 Business Central Premium: $100/month per user
- Dynamics 365 Business Central Team Members: $8/month per user
Microsoft Dynamics 365 rating and reviews
- G2: 4/5 (800+ reviews)
- Capterra: 4.4/5 (5,700+ reviews)
What are real-life users saying about Microsoft Dynamics 365?
8. Sage X3 (Best for customizable ERP inventory workflows)
Sage X3 is a comprehensive ERP solution designed to enhance inventory management for businesses in various industries. Tracking inventory levels in real time enables organizations to monitor stock across multiple sites and warehouses efficiently.
The system supports various inventory types, including manufactured, purchased, subcontracted, and non-stocked items, providing flexibility in managing diverse product lines. With user-definable product information and integration capabilities, Sage X3 ensures that all departments can access accurate and up-to-date inventory data, facilitating informed decision-making and streamlined operations.
Sage X3 best features
- Ensure product standards through quality control features, managing lots, serial numbers, shelf life, and expiration dates
- Expand inventory management on a global scale with native multi-language and multi-currency support
- Tailor-fit unique and complex needs with extensive customization in workflow and features
Sage X3 limitations
- Lacks extensive integrations with shipping and sales modules like other eCommerce inventory management software
- Has a complex implementation and a broad range of features that may not fit well for small businesses and startups
Sage X3 pricing
- Custom pricing
Sage X3 rating and reviews
- G2: 3.9/5 (25+ reviews)
- Capterra: 4.3/5 (75+ reviews)
➡️ Read More: Best Ecommerce Inventory Management Software
9. ERPNext (Best for open-source inventory tracking)
Do you prefer open-source flexibility in your inventory solutions? ERPNext delivers. Along with essentials like batch tracking and stock management, the software helps validate movement with quality inspections. Plus, transactions are seamless with preset warehouses and pricing method settings.
The system supports creating and maintaining product variants based on parameters, such as size, color, or material, allowing for detailed item management. It also comes with easy installation scripts for deploying your server and processes.
ERPNext best features
- Track goods stored at customer locations and manage billing upon sales through consignment inventory
- Manage item discounts for different parties or conditions with promotional scheme settings
- Take accounting global with multi-currency invoices, expenses, and financial reports
ERPNext limitations
- Offers fewer plug-and-play options compared to proprietary ERPs
- May slow down with large datasets or complex workflows
ERPNext pricing
- Small Business: $50/month
- Enterprise: Custom pricing
- Success Pack: Starts at $1250 (flat fee) for implementation
ERPNext rating and reviews
- G2: 4.2/5 (40+ reviews)
- Capterra: 4.6/5 (130+ reviews)
What are real-life users saying about ERPNext?
10. SAP S/4HANA (Best for enterprise-wide inventory insights)
SAP’s S/4HANA is for large organizations or those about to scale to that tune. Its next-gen ERP suite is designed for everything in real time with in-memory computing and AI-driven automation to optimize workflows. The system’s integration with other SAP modules, such as Sales, Distribution, and Production Planning, ensures seamless operations and data consistency throughout the supply chain.
S/4HANA also features embedded analytics and an intuitive Fiori interface to power through analytical decision-making. It also supports cloud, on-premise, and hybrid deployments, making it scalable for enterprises. In short, it’s a powerhouse for digital transformation.
SAP S/4HANA best features
- Automatically generate the required successor documents for every goods movement, such as relevant accounting documents
- Enhance stock quality and compliance with built-in regulatory reporting and risk management automation
- Handle expansive order lines with S/4HANA’s compression techniques and columnar layout
SAP S/4HANA limitations
- Transitioning from legacy SAP systems requires extensive planning
- Standardized processes may limit deep custom configurations
SAP S/4HANA pricing
- Custom pricing
SAP S/4HANA rating and reviews
- G2: 4.5/5 (750+ reviews)
- Capterra: 4.4/5 (300+ reviews)
📚 Also Read: Best Inventory Optimization Software to Use
📌 Special Mentions
- Infor CloudSuite (Best for industry-specific ERP solutions with AI-powered inventory insights)
- Acumatica (Best for growing businesses requiring scalable, cloud-based inventory tracking)
- SYSPRO (Best for mid-sized manufacturing and distribution companies needing real-time inventory updates)
- DEAR Systems (Best for eCommerce and retail businesses managing complex inventory across multiple channels)
Summarize this article for me pleaseAchieving Peak Inventory Health with ClickUp
ERP-integrated inventory management avoids blocking excess cash flow and removes the risk of sudden pile-ups. Plus, you have more scope to improve inventory accuracy, all without hampering production lines or customer sales.
The solutions in this guide are sure to suit your unique needs. However, it’s vital to prioritize productivity and analytics on top of inventory visibility.
ClickUp tops that with its versatile task management and automation, making it an ideal choice.
Is it time to keep green inventory as the norm? Sign up with ClickUp today!
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