Top 16 Cloud-Based Inventory Management Software for Better Efficiency

Cloud inventory management software is a computerised system that enables facilities managers to manage inventory. However, since it is on the cloud, it offers additional benefits and features.

These include the fact that it can be accessed from any smart device such as a smartphone, smartwatch or tablet and it is not limited to a fixed location, such as traditional desktop solutions. Through manufacturing inventory management software, production plants and facilities can use this system as a tool for effective inventory control and spare parts management.

This eases work flows of maintenance crews through effective scheduling of servicing, repairs and maintenance activities as inventory is well-organised and clearly recorded, enabling smoother, more efficient and streamlined operations.

1. Fabrico

Known for: Spare parts inventory management software with QR code scanning as part of a CMMS, facilitating efficient tracking, replenishment and organisation of maintenance supplies.

As one of the best cloud based inventory management software solutions, Fabrico stands out for its spare parts management software, which enables seamless spare parts management.

From the moment the spare parts arrive at your plant and need to be correctly labelled and input into the system to tracking of spare parts used and notifications when minimum quantities are being reached, Fabrico’s computerised maintenance management software (CMMS) offers unique benefits of spare parts management.

Organisations will be able to enjoy robust asset management, exercise full control over their inventory, streamline maintenance planning, make data-driven decisions and benefit from significant cost savings due to the new efficiencies introduced, making it one of the best CMMS software on the market.

Key features

• Spare parts management and storage
• Writing off spare parts by the responsible technician
• Notification of minimum quantity
• Integration with accounting storage

Pricing

Fabrico’s pricing is available either on a per-user or per-plant basis. The pricing plans below illustrate the cost on a per plant basis.

• Free: €0/month
• Light: €420/month
• Full: €800/month
• Enterprise: Custom price

Isn’t it time to implement and use Fabrico’s CMMS inventory management software? Get in touch with the Fabrico team today!

2. UpKeep

Known for: A CMMS that streamlines inventory management processes with its user-friendly interface and comprehensive features.

UpKeep’s inventory management software, cloud-based, offers an application that can be accessed from a smartphone or tablet. This enables maintenance teams to manage inventory from anywhere. Furthermore, spare parts can be added to work orders with a QR code or manually. In addition, managers can receive notifications when work orders are being updated, such as when work is put on hold while parts are restocked.

Key features

• Barcodes for consistent documentation
• Notification of minimum spare part quantities reached
• Automatically updated inventory counts
• Simplifies purchase orders
• Avoids stockouts
• Data visualisations
• Available across multiple smart devices

Pricing

Each of the pricing plans mentioned below is available with a free trial, making this offering one of the free cloud-based inventory management software options for a limited time period.

• Lite: $20/month per user
• Starter: $45/month per user
• Professional: $75/month per user
• Business +: Custom pricing

3. Cin7

Known for: Offers multi-channel inventory management, automation and real-time tracking for product sellers.

Cin7 enables smooth inventory and order management as well as inventory control. Order automations are also possible with built-in third-party logistics, facilitating order fulfilment. The software also offers inventory reporting.

Key features

• Connected Inventory Performance enables scaling without complexity
• A connected data ecosystem from a single and simple interface
• Zero-touch automations
• Over 700 pre-built integrations and capabilities
• Built-in electronic data interchange (EDI)
• Built-in point of sale
• Amazon FBA & seller
• Built-in B2B eCommerce

Pricing

• Cin7 Core Standard: $295/month
• Cin7 Core Pro: $449/month
• Cin7 Core Advanced: Prices starting at $999/month
• Cin7 Omni: Custom pricing

4. Fishbowl

Known for: Workflow and inventory traceability features, suitable for small to mid-sized businesses.

Fishbowl enables businesses to track inventory, manage multiple warehouse locations and master complex manufacturing. It is a user-friendly solution that enables QuickBooks-compatible inventory management, helping businesses remain compliant. Custom workflows enable more streamlined quality assurance and quality control. The software comes with tracking capabilities, task assignment creation and reporting.

Key features

• Automated stock counts
• Streamlined purchasing and order management
• Customisable workflows and bills of materials
• Automated reporting capabilities that can be customised
• Data security
• Scanning and barcoding across various locations
• Tracing workflows and processes
• Automatic organisation-wide notifications

Pricing

Fishbowl’s pricing can be billed on a monthly or annual basis. The prices below reflect the pricing plans on an annual basis.

• Fishbowl Drive Warehousing: Starting at $3,950
• Fishbowl Advanced Warehousing: Starting at $3,950
• Fishbowl Advanced Manufacturing: Starting at $5,150

5. SAP Business One

Known for: Considering a CMMS vs ERP? SAP Business One is an ERP software that provides an integrated inventory management solution with quick deployment.

Ideal for small and medium-sized enterprises, SAP Business One offers a comprehensive ERP solution designed with flexibility in mind. It is accessible via a mobile device through its on-premise or cloud deployment.

Key features

• Accounting and financials
• Purchasing
• Inventory
• Sales
• Customer relationship management
• Reporting and analytics
• Quick on-premise or cloud deployment

Pricing

• Pricing is available upon request.

6. Linnworks

Known for: Provides stock forecasting, customisable reporting and integration with various ecommerce platforms.

Linnworks is an inventory management cloud-based software that is suitable for ecommerce and multiproduct sellers, third-party logistics providers and Amazon FBA sellers. The software offers a variety of features, including inventory and order management and warehouse management systems. It also facilitates smooth shipping management through an automated platform that can be set up in as little as 14 days and an average of 40 days.

Key features

• Hundreds of integration tools
• Real-time visibility into inventory levels
• Stock forecasting
• Multichannel product listings
• A single dashboard for streamlined communication
• Access to partner networks
• Powerful automation set-up with a few clicks
• Short time-to-value
• Accurate and reliable data through reporting and insights

Pricing

• Linnworks matches its pricing directly to the value that a business receives, with no hidden fees. You can also choose additional add-ons as part of the Linnworks One package. Enquiries should be submitted to their team for your custom pricing.

7. Fiix

Known for: A CMMS with an intuitive interface and advanced features that enable seamless tracking, optimisation and control of maintenance parts.

Fiix offers a seamless way to purchase, order and use inventory while keeping track of expenses and spare parts and enabling maintenance teams to keep costs low without overspending.

Key features

• Enables sharing of information between an ERP and CMMS
• Set minimum stock quantities
• Keep vendor information unified in one place
• Ensures the accuracy of inventory levels
• Facilitates the fast finding of the right spare parts
• Enables parts sharing across multiple facilities
• Provides access to bills of materials, accessible on mobile devices
• Streamlines cost tracking with the first-in, first-out (FIFO) principle
• Enables viewing, sorting and exploring all aspects of data and inventory
• Gives you the ability to forecast parts you’ll need in the future

Pricing

• Free
• Basic: $45/user per month. One month is free with annual billing.
• Professional: $75/user per month. One month is free with annual billing.
• Enterprise: custom pricing, available upon request.

8. Zoho Inventory

Known for: Focusing on ease of use, warehouse integration and customisable workflows.

Zoho Inventory is a cloud-based inventory management software that aims to help businesses keep track of assets and stock, manage and fulfil orders and control inventory. It is suitable for a broad range of organisations, including multichannel selling businesses that require multichannel inventory management. In addition, the software is suitable for ecommerce businesses, Amazon sellers, Shopify and Etsy sellers and other retailers. The software offers order and inventory management functionalities as well as warehouse management and inventory tracking and control. Further features and functionalities include marketplace integrations, inventory reports, order templates and purchase order templates.

Key features

• Multiple shipping integrations
• Integrations with accounting and customer relationship management (CRM) systems
• Manages warehousing
• End-to-end tracking of inventory
• Enables management of offline and online orders
• iOS and Android mobile apps

Pricing

• Free
• Standard: €29/month billed annually
• Professional: €79/month billed annually
• Premium: €129/month billed annually
• Enterprise: €249/month billed annually

9. FMX

Known for: Maintenance software with inventory management functions for optimising ordering, distribution and storage of parts and supplies.

FMX’s software is well-suited for schools and school assets, higher education, government, manufacturing and property maintenance and management. The extensive tool offers functionalities that enable facilities and maintenance management to track their inventory levels and create and manage work orders. Further ways in which the software can help include preventive and equipment maintenance functionalities in addition to maintenance inventory management. These aspects notwithstanding, FMX also offers facility scheduling, rental and reservation software as well as software for building and fleet maintenance as well as capital planning.

Key features

• Optimises ordering and distribution
• View historical parts usage
• Automatic updates of supply levels
• Low-stock alerts
• Incoming shipment notifications
• Streamlines storage
• Inventory tracking
• Supply requests
• Purchase orders
• QR code scanning
• Supplier management
• Popular systems integrations
• Reporting and analytics

Pricing

• Pricing is based on the number of users, the number of features and custom workflows enabled. Custom pricing is available upon request.

10. Odoo Inventory

Known for: Multi-echelon inventory optimisation and integration with other Odoo business management modules.

Odoo Inventory offers an app that enables businesses to reduce and even eliminate their reliance on legacy systems. The simplified system enables businesses to manage their inventory across multiple channels and locations. The cloud-based inventory management tool is perfect for sales teams that need to order quantities based on demand. The software provides help with coordinating manufacturing. Automated replenishments are possible for purchases. Meanwhile, accounting and quality control functionalities are also available. It is easy to use while also being fully integrated, offering multiple benefits of cloud inventory functionalities.

Key features

• Route optimisation
• Real-time visibility
• A warehouse management app
• Automation of vendor reminders
• Smart replenishment strategies
• Control incoming and outgoing shipments
• Works offline
• Real-time inventory management across multiple facilities
• Wave, cluster and batch picking
• Integrates with carriers
• Fast barcode scanner
• Clear reservation mechanism and traceability
• Great inventory processes’ valuation

Pricing

• The Odoo Inventory app is free to use forever with an unlimited number of users. The first app is always free, including free hosting and support. Additional payments are charged for every further app that is required by users or organisations.

11. Hippo

Known for: A CMMS solution with inventory management features for optimised inventory control, reduced waste and ensured parts availability.

Hippo’s CMMS is a solution for many involved in facilities management, manufacturing, health care, food and beverage, municipalities and more. The inventory management software solutions help organisations with real-time inventory control and management, maintenance and repairs, preventive maintenance, inventory tracking and planning, work orders, vendor and equipment management as well as reporting.

Key features

• Real-time inventory tracking to optimise inventory levels
• Automated aspects of purchasing
• Reductions in waste
• Reductions in unscheduled downtime
• Mobile inventory management app
• Asset management software
• Streamlined inventory management
• Analytics and reporting
• Open API
• Strong support

Pricing

• Hippo Starter: $35/user per month
• Hippo Plus: $55/user per month
• Hippo Pro: $75/user per month

12. NetSuite

Known for: Offers a comprehensive suite of cloud-based business management software, including inventory management.

NetSuite’s cloud-based business management software is suitable for a wide range of industries, including government, education, health care, retail, IT services, manufacturing and more. Through this software, businesses and organisations can optimise their cash flow via reduced handling costs that are involved when you manage your inventory. Real-time, company-wide inventory visibility facilitates a smooth inventory management process that can help boost the overall customer experience.

Key features

• Real-time view of inventory across multiple locations and channels
• Multi-location fulfilment
• Inventory replenishment
• Cycle counting
• Traceability
• Item visibility
• Faster time to value

Pricing

• Users subscribe to NetSuite for an annual licence fee. The licence consists of three main components: the core platform, optional modules and the number of users. A one-time implementation fee is charged for the initial set-up. Catering to growing businesses, NetSuite enables easy activation of new modules and permits adding new users, depending on organisational needs. The NetSuite platform licence includes inventory management capabilities.

13. inFlow Inventory

Known for: Offering inventory management across multiple locations, along with features for sales and purchase order management. 

inFlow Inventory is software that enables businesses with multiple locations to manage their inventory with ease. It includes features such as sales and purchase order management. Furthermore, with this software, you can design labels and scan barcodes for a more streamlined experience. In addition, you can pick, pack and ship with over 50 carriers, which are seamlessly integrated within the platform, using any device. B2B customers can place orders on the platform, while managers can track and trace manufacturing costs and components.

Key features

• Multi-device stock and order management
• Enables reordering ahead of time
• Facilitates inventory and order tracking
• An important forecasting tool
• User-friendly interface
• Integrates with 95+ platforms
• GDPR-compliant and SSL-encrypted

Pricing

inFlow Inventory’s software purchase costs can be billed monthly or annually. The details below indicate the annual costs which come with a 20% discount.

• Entrepreneur: $89/month
• Small business: $219/month
• Mid-size: $439/month
• Enterprise: $1,055/month
• Custom plans are also available

14. MRPeasy

Known for: Being suitable for manufacturing and production planning, offering features like material requirements planning and shop floor control.

MRPeasy is artificial intelligence (AI)-powered material requirements planning (MRP) cloud-based software for small manufacturers with 10 to 200 employees. It facilitates smooth manufacturing and distribution processes to save organisations time and costs. Helping with organisational inventory and stock planning through the inventory management tool, teams can view orders on a PC or mobile device for real-time shop floor reporting. Purchases are made easy through vendors as pricing and lead times information is available with a click. It also offers accounting integrations to help business owners and decision makers better manage their cash flows.

Key features

• Accurate production planning and reporting
• Real-time inventory overviews
• Facilitates real-time and on-time deliveries
• Seamless communication between multiple organisational departments
• CRM and sales management
• Inventory data and inventory management optimisation

Pricing

MRPeasy’s software is available with pricing plans that can be billed monthly or annually. The information below outlines the cost per user per month as billed on a monthly basis.

• Starter: €39/user per month
• Professional: €59/user per month
• Enterprise: €79/user per month
• Unlimited: €125/user per month

15. Sage X3

Known for: Providing enterprise-level inventory management solutions with features for supply chain optimization and distribution management.

Sage X3 is ERP software that helps streamline organisational processes for greater efficiencies, insights and flexibility. With this software, it’s possible to manage work across multiple locations and receive personalised access to relevant data. It is suitable for a broad range of industries, among which include food and beverage, process manufacturing, discrete manufacturing, distribution, chemicals and services.

Key features

• Production management
• Supply chain management
• Financial management
• Cloud and mobile solutions
• Accounting software
• Electronic document management
• Data and analytics
• Enterprise intelligence
• Powerful connected apps

Pricing

• Pricing for Sage X3 is dependent on multiple factors, including user count, functionalities required, subscription type and hosting needs.

16. ERPNext

Known for: Open-source ERP software with inventory management capabilities, suitable for small businesses and startups.

ERPNext is a smart cloud-based inventory management system and is also considered manufacturing ERP software. With this tool, organisations can simplify production processes and cycles, track material consumption, plan all aspects of capacity availability and handle subcontracting and other related elements. When it comes to the bill of materials (BOMs), the structure of the software is hierarchical, where the finished product appears at the top. The BOM includes aspects such as product codes, part descriptions, quantities, costs and additional specifications. It is ideal for a variety of businesses operating across multiple industries, including furniture, textile, metal, electronics, rubber, plastic, medical device, chemical and food manufacturers. 

Key features

• Customer management
• Sales orders
• Inventory system that can track stock levels
• Purchasing
• Accounting and financial reporting
• Real-time coordination across business verticals
• Robust bill of materials
• Shop floor management
• Subcontracting
• Item variants
• Batched and serialised inventory
• Material resource planning
• Capacity planning
• Multiple measurement units
• Quick stock balance
• Stock replenishment
• On-the-go customisations
• Multilingual software
• Multiple integrations with numerous apps

Pricing

• Small business: $50/month
• Enterprise: Custom pricing

Whether you are looking for preventive maintenance software for small companies or you are looking for cloud-based solutions for efficient inventory management and business operations, you now have a broad overview of some of the leading options available.

Naturally, you need to evaluate your business’s specific needs and choose the software that best meets your requirements. With Fabrico’s CMMS leading the pack, it’s a powerful yet affordable solution that you do not want to miss out on.