Shopify is one of the most popular choices amongst businesses with an online presence. The reasons for their popularity are many, ranging from their robust back-end support to their hosting capabilities. However, one of the most enticing reasons to choose Shopify is its App Store that helps businesses grow and expand without having to be well-versed in writing code. The Shopify app store contains a range of apps designed to help brands on several fronts, which includes store design, marketing, sales and conversion, inventory management, customer support, and more.
On the positive side, online stores do not have to worry about shelf space and design. However, what they might have in common with traditional retail operations is the complicated task of inventory management. A business that has multiple SKUs requires a useful management tool in order to keep their inventory accounted for at all times. This is particularly important during sales when multiple transactions make it harder to keep track of all the SKUs. It gets harder when the business has multiple stores and multiple vendors.
Here is a list of the top 10 Shopify inventory management apps in 2020.
1. Excelify by Excelify.io
One of the most functional apps available, Excelify allows you to import data from any other eCommerce platform into Excel or CSV files. You can organize your products based on specific criteria such as SKUs. The app gives you the ability to schedule auto-updates, which allows you to focus on other tasks rather than worry about updating inventory.
With Excelify you can also export data to other marketplaces like Amazon or Google Shopping. The app simplifies your inventory needs by easing several processes like reordering product variants, updating SEO fields, updating cost per item, and updating inventory according to location. Excelify was designed to help business owners who find maintaining and tracking inventory a hassle.
2. Inventory Planner by Inventory Planner
This app gives store owners more insight into their inventory by focusing on data-driven decisions. The app keeps track of products that are not moving as much. As a brand owner, you can then choose to promote these products more aggressively and increase your cash flow.
Inventory Planner also helps you by highlighting products that are moving quickly. You can save time by creating purchase orders before time. Since these insights are data-driven, the margin of error is small, and you will only increase your cash flow and make your store more efficient.
3. Omni Importer by CedCommerce
Not all business owners begin selling their products on their own site or even have an eCommerce site. They might find it easier, at least at the beginning of their journey, to sell on Amazon, eBay, Etsy, or AliExpress. With time, as the production process is established, these businesses might want to sell their products on their own site. In such a situation, Omni Importer helps to import all the relevant data to the Shopify store.
The app also helps manage Fulfilment by Amazon if the products are continued to be sold on Amazon. The app supports multiple images, syncs pricing and inventory, helps select collections, and supports multiple warehouses. You can also directly upload a product on Shopify with this app.
4. ShippingEasy by ShippingEasy
With ShippingEasy, you can maintain accurate inventories across several marketplaces and manage your suppliers and purchase orders. The app gives you access to negotiable and competitive shipping prices. It also helps businesses generate shipping labels with all the necessary information and automatically updates the order status of products back to Shopify. This app is particularly helpful if you ship internationally, as it simplifies the process by auto-populating customs forms.
It also eases the experience of your customers by automatically generating a tracking number and emailing it to them. You can access customer information and purchase history all in one place. The app is robust and has many offerings under its label, which prove to be extremely handy for businesses. Shipping no longer has to be a hassle for you or your customers with this simple and easy to use the app.
5. Back in Stock Product Alerts by Swym Corporation
One of the most overlooked aspects of online shopping is the loss of cash when products are out of stock. Many customers will not remember to check again at a later date. With this app, customers can share their emails in order to receive notifications when the product they are interested in is back in stock. This type of notification is crucial in reminding your customers about your product and store without seeming intrusive.
Not only does this help you boost sales, but also allows you to collect the emails of potential customers. The app is easy to customize, and you can have the alerts and forms match your online store's look and feel. The potential of this app is manifold and can bleed into your marketing strategy of targeted campaigns.
6. Stock Sync Inventory Update by Stock Sync
This app allows you to update your inventory from multiple feed formats. You can set the app to automatically update your inventory according to a schedule that suits your business needs. The app supports feed from formats that include XML, Rest API, SOAP, HTML, JSON, and supplier download links that require vendor login XML, Rest API, SOAP, HTML, JSON, and even supplier download links that require the vendor login.
One of the key features of the app is that you can integrate it with your warehouse management system or drop-shippers' inventory. You no longer have to manually add on products no matter which format your inventory files are in. The hassle and time-consuming quality of updating inventory from multiple sources is now a thing of the past.
7. Stocky by Shopify
According to a recent survey, almost 43% of all small businesses do not track their inventory or use a manual process to do so. Having too little or too much inventory can be harmful to your business. With too little inventory you face the risk of losing out on important sales while too much inventory can prove to be expensive. Managing your inventory efficiently and effectively will help your business maximize profits and ROI.
Shopify has created Stocky with the express intent of helping businesses with the hassle of maintaining their inventory. The Stocky app allows you to place orders easily right from the app and even streamlines the currencies across various suppliers. The app lets you know which products are running low and which ones are not selling as well as they should. Since the app is created and maintained by Shopify, it is designed to work at its best for the platform.
8. Syncio Multi-Store Sync by Syncio
This app is perfect for businesses with multiple Shopify stores across different locations. It is also ideal for drop-shipping companies or brands that have separate retail and wholesale stores. The app works in real-time, which means that your inventory is updated constantly. Since the app works across several stores, you no longer have an issue of mismanaged inventory.
You can customize product details or discount certain products for one store without having it updating to all your synced stores. With this app, you get a greater ability to control your products and their features down to each store.
9. QuickBooks Sync by Webgility by Webgility, Inc.
This app removes the need for data entry on all your products. Instead, it syncs instantly with QuickBooks and Xero. You can sync your e-commerce orders on a schedule that suits both you and your business. The app also lets you create credit memos, which is necessary for cancellations and refunds.
One of the most relevant features of the app is its ability to help you file for accurate sales tax by mapping the tax on specific items in QuickBooks. The cherry on the top is the ability to record all your Shopify related fees as a separate transaction bill, which allows you to see the exact ROI on Shopify. Apart from Xero and QuickBooks, the app also integrates with Amazon, eBay, Etsy, and Netsuite.
10. Google Customer Reviews by AdNabu
Google Reviews is a treasure trove for online stores. It is a free service offered by Google wherein customers can provide feedback based on their experience. Businesses can benefit greatly by joining the Google Reviews program since they can view their product ratings and reviews. It also shows potential customers’ social proof and that the business stands by their product.
With the Google Customer Reviews app by AdNabu, you can automatically showcase the Google Reviews badge and collect valuable feedback and reviews of your store and products. This badge is customizable to suit your store’s theme and look. You will be able to show an aggregated rating out of 5. However, this feature is available only if you amass more than 100 reviews in any particular country.
In today’s age where everything is mostly online, the whole idea of shopping has undergone a revolution. Shopify with its plethora of apps is not far behind in its aim of offering a whole new world of experiences to its customers. Shopify apps have come a long way in creating an environment where business owners have the best tools to ensure their success. Covering a range of different functions and offerings, these apps have been designed to make different processes easier. The apps available of the store are particularly useful to smaller businesses that do not have the resources necessary to create software that addresses these issues.
Inventory management no longer has to be a time-consuming problem. Gone are the days of manually updating each product and its various details. With the plethora of inventory management apps available on Shopify, business owners can now maximize their cash flow from their inventory.
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