10 Best Shopify Inventory Management Software & Features

Managing inventory can feel tricky, especially for Shopify merchants juggling changing stock levels, multiple sales channels, and the need to fulfill orders quickly.

These challenges can severely impact customer satisfaction and lead to lost sales, making effective inventory management more critical than ever. Without the right tools, you risk running out of products, overstocking, and leaving customers frustrated.

That's where Shopify inventory management software plays an important role. These tools help you keep track of stock, automate updates, and make order fulfillment smoother.

In this article, you'll explore the key features of the top 11 inventory management software and how they can help your business run more efficiently.

‍Quick Summary 

• Shopify inventory management software helps prevent stockouts, overselling, and manual errors by syncing stock in real time.
  
  
• It simplifies returns/exchanges, often encouraging exchanges over refunds to retain revenue.
  
  
• Customers get accurate product availability and timely updates, improving trust and satisfaction.
  
  
• Analytics and reporting provide insights into sales, demand forecasting, and return trends for smarter decisions.
  
  
• Top tools (like Return Prime, ShipHero, QuickBooks, Katana, etc.) offer automation, multichannel sync, and scalability to match business growth.

Why Shopify Stores Need Inventory Management Software?

An inventory management software syncs directly with your Shopify store and takes the stress out of tracking stock. It simplifies daily operations and ensures customers always get accurate updates. Beyond efficiency, it also helps you maintain healthier finances by reducing errors and improving control over your inventory.

Shopify stores need inventory management software as it helps:

1. Avoid Stockouts and Overselling

Running out of popular products or accidentally selling items that are no longer in stock can hurt both your sales and your reputation. 

Inventory management software helps prevent this by tracking stock in real time and updating automatically whenever products are sold or returned. This way, your stock levels stay accurate, reducing costly mistakes and keeping customers happy.

2. Smooth Returns and Exchanges

Returns are part of the game, especially in industries like fashion and electronics. What matters is how smoothly you handle them. With inventory management software, returns and exchanges are automatically updated in your system, cutting down manual work and errors.

Many platforms also offer smart exchange options, encouraging customers to swap products instead of returning them, which helps you retain revenue while still keeping customers satisfied.

3. Improve Customer Experience

Shoppers expect quick, reliable service. If your inventory isn’t managed well, delays and mistakes can damage trust. 

Inventory software ensures customers always see up-to-date product availability and receive timely notifications about their orders, returns, or exchanges. This builds confidence in your store and creates a smooth shopping experience from start to the end.

4. Data-Driven Decision Making

Beyond keeping track of products, inventory software gives you valuable insights into sales trends, stock movement, and return patterns. You can identify which products sell best, forecast future demand, and spot items with frequent return issues.

With this data, you can fine-tune your offerings, optimize stock levels, and make smarter business decisions.

5. Simplified Multichannel Management

Selling on multiple platforms can be overwhelming without the right tools. Inventory management software brings everything into one dashboard, syncing stock levels across all your sales channels. This saves time, prevents overselling, and ensures consistency no matter where your customers shop.

6. Scalability as Your Business Grows

As your Shopify store expands, so does the complexity of managing inventory. Good inventory software grows with your business, supporting larger catalogs, more orders, and multiple channels.

It helps you stay in control while scaling up, ensuring you meet customer demand without sacrificing efficiency.

Now that we’ve covered why inventory management is so important, let’s look at the top solutions available for Shopify merchants.

Also Read: How Shopify Refund Fees Work: A Merchant’s Guide

Best Inventory Management Software for Shopify Stores

Effective inventory management is one of the biggest challenges for Shopify merchants. Choosing the right software not only reduces errors but also simplifies day-to-day operations, helping your team work more efficiently while keeping customers happy.

Below are the top 11 inventory management software for Shopify in 2025, each offering its own set of features, strengths, and pricing.

1. Return Prime

Return Prime, a GoKwik company, is built to simplify inventory management for Shopify merchants. Trusted by over 10,000 global brands and rated 4.9/5 on the Shopify App Store, it’s a proven solution that delivers results at an affordable price.

While it’s best known for handling returns and exchanges, it also stands out for its ability to keep stock data updated in real time, optimize inventory levels, and integrate smoothly with your Shopify store.

With advanced automation and customized policies, it helps simplify your entire inventory process, saving time and reducing manual errors.

Key Features

• Centralized Return Management: Return Prime consolidates all returns, exchanges, and refunds in one platform, ensuring real-time inventory updates and preventing stock discrepancies from manual processes.
• Turn Refunds into Store Credits with Wonder Promotions: Wonder Promotions encourages customers to opt for store credits instead of refunds, helping you retain revenue and manage inventory effectively by avoiding product loss.
• Turn Returns into Exchanges with Wonder Smart Exchange: Smart Exchange algorithms encourage exchanges over returns, keeping your inventory intact and preventing stock depletion while retaining revenue and boosting customer loyalty.
• Automated Workflows with Wonder Bot Automation: This feature allows Shopify merchants to automate routine return and exchange tasks. By setting rules in advance, requests such as refunds, exchanges, or order approvals can be processed automatically, reducing manual work and ensuring smoother operations.
• Custom Return and Exchange Policies: Set up customized return rules based on product type, customer profile, or return reason, ensuring accurate stock management and preventing unnecessary restocking errors.
• Smooth Integration with Leading Platforms: Easily integrate Return Prime with Shopify and other platforms for smooth inventory synchronization, ensuring real-time updates across all sales channels.
• Analytics and ROI Tools: Use analytics and ROI tools to track return trends, optimize inventory, and adjust stock levels based on data-driven insights to improve inventory management and profitability.

Pricing

The free plan includes five returns per month. Paid plans start at $19.99/month for 60 returns per month.‍

2. ShipHero

ShipHero provides an all-in-one solution for inventory management and order fulfillment, making it a great fit for Shopify merchants with high order volumes or multiple warehouses. It automatically updates stock levels after sales, returns, or exchanges, keeping your inventory accurate across every sales channel.

Key Features

• Real-Time Inventory Tracking: Keep tracking stock levels across multiple sales channels and warehouses with accurate, up-to-date data.
• Multi-Warehouse Management: Manage inventory across different locations to speed up fulfillment and reduce shipping delays.
• Automated Order Fulfillment: Route orders automatically to the correct fulfillment center and generate shipping labels with ease.
• Barcode Scanning: Utilize barcode scanning to speed up handling and improve accuracy for inventory and order fulfillment.
• Shipping Integration: Sync effortlessly with major carriers to streamline your entire fulfillment process.

Pricing

Free to install.

3. QuickBooks Online Global

QuickBooks Online Global combines inventory management with accounting, giving merchants a single platform to manage both stock and financial data. Shopify store inventory updates flow directly into your accounting system, making bookkeeping and inventory management seamless.

Key Features

• Inventory Synchronization: Keep stock levels aligned with accounting data to maintain accurate financial records.
• Multi-Currency Support: Manage inventory and transactions in different currencies for smooth international operations.
• Real-Time Stock Updates: Automatically update stock across all channels as sales and returns happen.
• Automated Invoicing and Reporting: Generate invoices and financial reports automatically for accuracy and time-saving.
• Expense Tracking: Track costs like COGS to get better insights into inventory and overall business performance.

Pricing

Free to install. Plans starting at $30/month.

4. Thrive by Shopventory

Thrive by Shopventory is designed to make inventory management easier and smarter for Shopify merchants. It provides real-time tracking, demand forecasting, and multichannel syncing, so your stock levels always match your sales activity. Thrive also simplifies supplier management and purchase orders, making restocking more efficient.

Key Features

• Real-Time Inventory Tracking: Monitor stock levels across multiple platforms in real time.
• Multichannel Syncing: Sync inventory across Shopify, Amazon, eBay, and more for efficient stock management.
• Demand Forecasting: Predict future inventory needs using historical sales data to prepare for high-demand items.
• Automated Replenishment: Set automatic reordering rules to ensure you never run out of stock.
• Supplier Management: Keep track of suppliers, manage purchase orders, and maintain timely restocking.

Pricing

Free trial available. Plans starting from $59/month.

5. Inventory Planner

Inventory Planner specializes in demand forecasting and smarter restocking decisions. It integrates directly with Shopify to give data-driven insights into how much stock you should keep on hand. By helping you avoid both overstock and stockouts, it ensures you’re investing in the right products and not carrying outdated inventory.

Key Features

• Demand Forecasting: Predict sales trends and adjust inventory to avoid stockouts or excess stock.
• Automated Replenishment: Set rules for automatic restocking to keep your inventory balanced without manual effort.
• SKU-Level Profitability: Track profitability for each SKU to make smart product and pricing decisions.
• Sales Integration: Sync inventory with Shopify to keep stock levels accurate across all channels.
• Multi-Channel Management: Manage stock across Shopify, Amazon, eBay, and more from a single platform.

Pricing

Free to install.

6. Katana

Katana is ideal for Shopify merchants who manufacture their own products. It offers real-time visibility into both raw materials and finished goods, making it easy to track production alongside sales. Its intuitive dashboard shows exactly what’s available and what’s in progress, helping you stay on top of orders and avoid delays or overselling.

Key Features

• Real-Time Inventory Tracking: Track raw materials and finished products in real time for complete visibility.
• Manufacturing Order Management: Handle production orders efficiently to prevent inventory-related delays.
• Multi-Location Fulfillment: Fulfill orders from multiple warehouses or sites to improve speed and reliability.
• Shopify Integration: Sync stock automatically with Shopify to provide accurate product availability.
• Detailed Reporting: Gain insights into production efficiency, inventory flow, and sales trends for better stock decisions.

Pricing

Free trial available. Plans starting from $399/month.‍

7. SKULabs

SKULabs brings together inventory and order management in one system, perfect for Shopify stores with high sales volumes or multiple locations. It offers accurate, real-time updates and supports barcode scanning to keep stock levels in sync. SKULabs helps merchants handle peak seasons and returns without losing control of their inventory.

Key Features

• Real-Time Inventory Control: Monitor inventory across multiple locations to maintain accurate stock levels.
• Automated Stock Updates: Keep stock automatically updated after each sale, return, or exchange.
• Multi-Warehouse Management: Manage inventory across different warehouses to reduce delays and optimize delivery.
• Barcode Scanning: Speed up stock handling and improve accuracy with barcode technology.
• Advanced Reporting: Access detailed insights on stock movement, sales patterns, and warehouse efficiency.

Pricing

Plans starting from $299/month.

8. NetSuite Inventory Management

NetSuite is an enterprise-grade solution for large Shopify businesses with multiple warehouses and complex requirements. It combines real-time tracking, demand forecasting, and supplier management in one platform.

Key Features

• Real-Time Inventory Tracking: Monitor stock across multiple warehouses and sales channels.
• Multi-Location and Multi-Channel Support: Manage inventory across stores, warehouses, and eCommerce platforms.
• Advanced Demand Forecasting: Predict inventory needs based on market trends to reduce stockouts and overstocking.
• Order Management: Simplifies purchase and sales orders for better fulfillment efficiency.
• Financial Management Integration: Connect inventory data with financial records for smarter decisions.

Pricing

Plans starting from $199.92/month.

9. Farbrikator Inventory Assistant

Farbrikator Inventory Assistant is built for simplicity. Designed for small businesses, it provides a user-friendly way to keep track of stock without the need for heavy setups or complex features.

Key Features

• Basic Inventory Tracking: Monitor stock within Shopify to keep product levels accurate.
• Order Management: Manage orders efficiently for fast processing.
• Automated Stock Alerts: Get alerts when stock runs low to stay proactive.
• Shopify Integration: Sync inventory smoothly with Shopify for up-to-date information.
• Simple Reporting: Access easy-to-read reports to get quick insights into stock levels and performance.

Pricing

Free trial available.

10. Cin7 Core

Cin7 Core provides advanced inventory management for merchants running multichannel sales. It offers real-time tracking, order fulfillment tools, and in-depth analytics, helping businesses manage complex stock needs across Shopify, Amazon, and other platforms.

Key Features

• Multi-Channel Inventory Management: Manage stock across Shopify, Amazon, eBay, and other platforms to reduce overselling.
• Real-Time Stock Tracking: Keep inventory data synchronized across all channels.
• Order Fulfillment Automation: Automate fulfillment to save time and reduce errors.
• Advanced Reporting: Get detailed reports on sales, suppliers, and inventory to make informed decisions.
• Integration with 30+ Apps: Expand functionality with over 30 app integrations for more control and flexibility.

Pricing

Plans starting from $349/month.

Seeing the top options makes it easier to compare, but knowing how to choose the right software for your specific needs ensures you pick the best fit for your Shopify store.

Must Read: Best RMA Apps for Shopify Return Management

How to Select the Best Shopify Inventory Management Software?

Choosing the right inventory management software for your Shopify store can make a huge difference in how smoothly your business runs. However, with so many options out there, it’s easy to feel overwhelmed.

1. Consider Your Business Needs

Start by looking at the size of your store, the number of products you sell, and the challenges you face. If you're running a small store with a limited catalog, a basic, budget-friendly tool might be enough.

In contrast, if you're selling across multiple channels or handling frequent returns, you’ll need a more advanced system with features like return management, automated stock updates, and multichannel support.

2. Look for Seamless Shopify Integration

Your inventory software should connect effortlessly with Shopify. That way, your sales and stock data always stay in sync, reducing errors and saving you time.

3. Prioritize Real-Time Tracking and Updates

An inventory that updates instantly is a must. Whenever an order, return, or exchange happens, the system should adjust your stock automatically. This keeps your data accurate and helps you avoid both overselling and stockouts.

4. Check Return and Exchange Features

If returns are common in your industry, efficient return management is non-negotiable. Look for software that tracks returns in real time and automates the process. Some systems even encourage exchanges over refunds, which helps you hold on to revenue.

Take Bummer, a D2C innerwear brand, as an example. By automating returns with Return Prime, they cut return requests by 74% and processed returns 87.5% faster. This helped keep inventory accurate and boosted overall operational efficiency.

5. Multichannel Management

Are you someone selling on multiple platforms like Shopify, Amazon, eBay, or other social platforms? Then you need inventory software that brings everything into one place. Centralized management ensures your stock is always accurate, no matter where customers shop.

6. Reporting and Analytics

The best systems don’t just track stock; they give you insights. From sales forecasting to return analysis, reporting tools help you understand product performance and make smarter business decisions.

7. Scalability and Flexibility

Your store won’t stay the same size forever, and neither should your inventory system. The right software should grow with you, supporting more products, higher volumes, and extra channels as you expand.

8. Ease of Use and Support

Choose software with a clean, intuitive interface that doesn’t require endless training. And don’t overlook customer support; responsive help via chat, phone, or email can make all the difference when issues pop up.

9. Pricing and ROI

Cost matters, but so does value. Look for a system that fits your budget while offering the features you really need. Think about ROI too. Ask a question: Will the software save you time, reduce errors, and improve customer satisfaction enough to justify the price?

10. Try Before You Buy

Most platforms provide a free trial or demo, so use it! Testing the software firsthand helps you see how well it integrates with your Shopify store and whether it meets your needs.

Wrapping Up

Investing in the right Shopify inventory management software can make managing stock, orders, and returns much easier. These tools let you automate inventory updates, track products across multiple channels, and speed up order fulfillment.

Not only do these features simplify your operations, but they also create a smoother experience for your customers. To take control of your store’s growth and optimize inventory management, it’s time to pick the software that fits your business best.

Is your current system keeping up with your inventory needs? Book a free demo with Return Prime to see how our solution can optimize your inventory, automate returns, and help your store grow faster.

FAQs

Q1. Does Shopify inventory management software help with stock forecasting?

A1. Yes. Many advanced inventory management tools for Shopify come with demand forecasting features. By analyzing past sales data, they can predict future inventory needs, helping you avoid both overstocking and running out of fast-selling items.

Q2. Is Shopify's inventory management software suitable for small businesses?

A2. Absolutely. These solutions support businesses of all sizes, including small stores. Most platforms offer flexible, scalable plans, so you can begin with the basics and then add more advanced features as your business grows.

Q3. Can inventory management software help with inventory audits?

A3. Yes, it can. The software makes regular inventory audits much easier by letting you compare physical stock counts with your digital records. This helps quickly spot discrepancies and maintain accurate inventory data.

Q4. How does inventory management software improve the customer experience?

A4. By keeping stock levels accurate, customers can see exactly what’s available in real time. It also speeds up order fulfillment, minimizes stockouts, and simplifies returns or exchanges, making the shopping journey smoother and more reliable for your customers.

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