4 Min. Read

3 Best Multichannel Inventory Management Software & Tools

August 1, 2024

In today’s online world, most businesses need to sell through multiple channels to thrive. These channels can consist of online marketplaces and web stores, as well as social media platforms. Because of this, the business can become complicated quickly. The best solution to the problem is a multichannel inventory management system. If you use several web stores, keep reading to learn all about the solution to your management problems.

Here’s What We’ll Cover:

What is Multichannel Inventory Management Software?

The 3 Best Multichannel Inventory Management Software & Tools

What Are the Benefits of Multichannel Inventory Systems?

Key Takeaways

What is Multichannel Inventory Management Software?

This software is a solution to common problems that eCommerce platforms face. It helps these online businesses maintain oversight on stock levels, customers, and orders. It also allows for your sales channels to stay synchronized at all times. When looking for multichannel inventory software, these are some of the features you’ll want:

Data about inventory levels
Inventory control management
Ability to manage product listings
Real-time updates and synchronization
Integration with most major marketplaces

Many of the inventory management solutions available today incorporate all of these features. These tools have been designed specifically for use with multiple online marketplaces.

The 3 Best Multichannel Inventory Management Software & Tools

Here’s a list of the top 3 multichannel inventory management solutions available!

1. Ecomdash

Ecomdash is an excellent software available, and it’s one of the most affordable. For 500 orders in a month, Ecomdash only costs $90. It has a dozen different marketplace integrations, and 10 webstore integrations. It also allows for integration with 12 different shipping solutions. Here are some of the features offered by Ecomdash:

12 marketplace integrations, 10 webstore integrations, 12 shipping integrations
Allows users to create and sync listings with web stores and marketplaces
Provides warehouse operations and warehouse management software
Automates the dropshipping process
Lets you place purchase orders when inventory becomes too low

The price for Ecomdash is solely based on how many orders it processes from month to month. While some users think that the setup process is complex, once it’s running it’s very straightforward. This software provides everything you need to get started on all of the popular marketplaces available today!

2. Sellbrite

Sellbrite is the second software on our list. It has more limited integration options than Ecomdash does, but it’s still an excellent software for the price. The current pricing for Sellbrite is $149 a month for up to 100 orders. Amazon, however, is not included in that price. Here are a list of the features that make Sellbrite a good software:

9 marketplace integrations, 3 webstore integrations, 7 shipping integrations
Allows you to create and sync listings from a single platform
Warehouse management included
Dropshipping can be organized

Sellbrite is a great option second to Ecomdash, if you’d like the specific integrations that they have. They allow for integration with Walmart, Newegg, eBay, and Etsy. All of these are popular online marketplaces and web stores.

3. ChannelGrabber

If you need an international marketplace option, ChannelGrabber is the solution. ChannelGrabber is a UK-based multi-channel inventory software. Because of this, it allows for integration with UK parcel carriers like Royal Mail. Here are some of the features available with ChannelGrabber:

3 marketplace integrations, 11 webstore integrations, 17 shipping integrations
Lets users create and sync listings
Provides kits and bundles for eCommerce platforms
Lets users manage their warehouse
Lets users create purchase orders based on inventory

ChannelGrabber is the best option if you need international shipping options. However, their cheapest pricing tier is $120 a month. The next step is $600, with a tier higher that requires price negotiation. The basic tier does not come with all features, unfortunately.

What Are the Benefits of Multichannel Inventory Systems?

There are some key benefits to using these softwares. The first of these benefits is better control over your inventory. With multiple places to sell products, there is always a high chance of overselling. A multichannel inventory system takes this risk away by syncing all of your data.

Another main benefit of these softwares is the ability to manage everything from one place. If you’re managing multiple web stores, things can get hard. Having one place to do all of your work can put your mind at ease.

Also Read: Inventory Management Software for Small Business

Key Takeaways

While it sounds complicated, multichannel inventory software is a way to simplify your business. By having one place to manage all of your inventory and your listings you create an easier workflow. This can benefit your business over time, by making it easier to grow as you gain customers.

Are you looking for software solutions for your business? Be sure to check out our resource hub. We have plenty of software information, reviews and recommendations for your reading pleasure!