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The Best 8 AI Inventory Management Software 

Inventory management has changed in the last few years. From moving to automating tasks to implementing technology such as barcode scanners and radio frequency identification (RFID) leading to more accurate results and quicker processing times. Because of these changes, more and more companies are leaning on artificial intelligence (AI) to help them with everyday tasks, freeing both personnel and time. 

However, with the growth of AI in inventory management, more and more software companies are making their own versions, growing the number of options available for AI inventory management. Because of this, it’s not always easy to tell which version is going to be the best for you and your company.

In this article, we have listed the top eight AI inventory management software options, what they are, what they do and how it could work for you, allowing you to make the best decision on which AI inventory management software could work the best for you and your company.  

10 minutes

Written by Molly Bloodworth.

Top 8 Best AI Inventory Management Software

We’ve looked into different options for AI inventory management software and found eight that stood out because of their features and user experience.  

The 8 best AI inventory management software are:

  1. Unleashed  – Best for keeping users on track and up to date
  2. EazyStock- Best for flexibility 
  3. Net Stock – Best for breaking down data and solving issues
  4. IBM Supply Chain – Best for integrating teams to one platform
  5. Katana – Best for manufacturing SMEs
  6. Zoho Inventory – Best for tracking the warehouse and inventory 
  7. Zebra Technologies - Best for real-time data
  8. C3 – Best for lowering inventory stock 

 

How We Chose Our Top 8 AI Inventory Management Software

There are so many different AI inventory management software options available, It can be difficult to choose which one is best for your business. Key factors for our top 8 AI inventory management software includes:

  • The features that each option offers – whether that’s real-time data reports or keeping user up to date
  • Whether each software is made for a specific industry 
  • Whether the software offers flexibility 
  • Whether the software has been highly rated by users 

Unleashed 

  • Trustpilot: 4.9/5
  • Price: £295 pm (Medium) / £484 pm (Large) / £785 pm (Large Plus) 

Unleashed’s AI inventory management system, Access Evo in Unleashed, allows you to quickly and easily access all the information you need without much effort. Access Evo in Unleashed consists of two tools, Copilot and Feed. These features allow for effortless reporting, ensures that you are staying up to date and keeps all operations running smoothly.  

Copilot 

Copilot is built into your Unleashed software, allowing you to access all the information you need with just a prompt. Whether you ask Copilot to ‘list purchase orders placed yesterday’ or ‘show me the list of new customers acquired last month’, you’ll be able to access everything you need quickly and easily.

Feed 

Feed sends you notifications and ensures that you are staying up to date by spotting and prioritising your tasks. From re-forecasting reminders to purchase order prompts and so much more, Feed is changing the way you are seeing the important information that you need. 

As well as Copilot and Feed, Access Evo in Unleashed ensures that your business is fully protected. Using a private AI-instance, Access Evo in Unleashed ensures that no information is shared outside of your business. 

Limitation of Unleashed

New users to Unleashed will find that it takes a bit of time to master advanced features and the software does require a stable internet connection to allow the system to run smoothly.  

EazyStock

  • Trustpilot: No score
  • Price: Custom pricing 

EazyStock’s AI for inventory management is designed to make inventory management easier in a quickly changing market and move companies from outdated spreadsheets. Their new AI Help Assistant is designed to give users flexibility when accessing data to get exactly what they need, when they need it. 

EazyStock’s AI inventory management helps companies avoid stockouts and overstocking, reduce waste and costs by analysing trends and improving demand forecasting, allowing users to make decisions based on data and trends. 

With the use of enhanced automation, tracking and managing inventory, setting reorder points, prioritising orders and other everyday tasks are simplified. This frees up personnel & allows them to focus on other pressing tasks. 

Limitation of EazyStock

Users have reported that EazyStock is complex with missing features and limited customisations. Users have also reported that data has been inaccurate. 

Net Stock

  • Trustpilot: No score
  • Price: Available on request

Netstock is designed to “analyse, troubleshoot, and transform complex inventory tasks into simple, actionable recommendations”. With their range of AI tools, Netstock ensures that your inventory management is simple and optimised, getting you the data you need. These tools include:

  • Dashboard Analyzer – Used to break down complex chats, turning them into easy-to-read summaries
  • Item Analyzer – Used for insights of a product, its status and implications and provides both long term and short-term solutions. 
  • Item Troubleshooter – Used to resolve issues. Providing information on the problem, why it’s important and how to resolve the issue. 
  • Report Explainer – Used to breakdown reports, making them easier to read.

All these tools are created with the user in mind, ensuring that all data is secure and that users can make decisions confidently with the insights Netstock’s AI inventory management can provide. 

Limitation of Net Stock

Just like other AI inventory management systems on this list, Netstock can be complex to get around. It has been reported that the forecasting algorithms can struggle with volatile or seasonal demand. It has also been reported that there are restrictions with customisation of dashboards and reports & limited options with integrations with some ERP systems.

IBM Supply Chain

  • Trustpilot: 2.9/5
  • Price: Custom pricing 

IBM Supply Chain aims to move your sales, marketing and supply chain team onto one platform. This is done to ensure that inventory planning and logistics are aligned, allowing you to get a better understanding of what drives cost & revenue. 

IBM Supply Chain offers users a comprehensive view of their planning process, allowing them to easily create, track, and modify their plans in real time. IBM have integrated AI to forecast demand with great accuracy, allowing for profits to be maximised and operations to be streamlined. This is done by AI keeping an eye on trends, patterns & internal and external data. 

Limitation of IBM Supply Chain

A limitation of IBM Supply Chain is that training for Watson is required for the system to deliver accurate responses. 

Katana

  • Trustpilot: 3.1/5
  • Price:  $359 pm (Standard) / $799 pm (Professional) / $1,799 pm (Professional Plus) 

Katana is a manufacturing inventory management software for SMEs. You are able to track all aspects of the process in real-time, from number of materials, production, and sales. 
Features in Katana includes batch tracking (to trace products), floor-level control (to manage tasks on the shop floor), and automations (to keep track of stock levels). By having access to these features, you can see every aspect in real time. Katana also integrates with Shopify, Amazon, Xero, Salesforce and many more. 

Limitation of Katana

There are a few limitations to Katana. These include limited offline functionality, limited advanced features and can require lengthy set up time. 

Zoho Inventory

  • Trustpilot: 4.1/5
  • Price: Free (50 orders & one user only) / $39 pm (Standard) / $99 pm (Professional) / $159 pm (Premium) / $299 (Enterprise) 

Zoho is a good option if you are looking for software that is comprehensive with various tools built in. These tools include Zoho CRM, Zoho Inventory and a help desk, allowing you to manage various functions within a business. 

Zoho’s AI Inventory management system allows you to easily track and manage all aspects of your warehouse and inventory. Through their AI powered demand forecasting, to tracking product shelf-life, AI is used to keep you up to date and track everything you need, from order management to warehouse oversight

Zoho can also be integrated with eCommerce platforms, such as ZohoCommerce, Shopify and Amazon. 

Features of Zoho include access to real-time shipping rates for the biggest carriers around the world, barcode and Radio Frequency Identification (RDIF) to manage inventory stock and ensures that perishable good are rotated based off ‘sell-by-date’.  

Limitation Zoho Inventory

A limitation to Zoho Inventory is that it’s more expensive compared to alternatives. It’s complicated pricing can make it difficult to understand which version would be best for your business. 

Zebra Technologies

  • Trustpilot: 1.8/.5
  • Price: Custom pricing

Zebra technologies is a mobile AI inventory management system for real-time data. This allows businesses to keep an eye on their inventory management and systems no matter where they are, giving teams the flexibility to keep track of all real-time data. 

Features of Zebra technology includes asset visibility (giving access of inventory management from wherever), and barcode scanning (making data entry simpler & increases accuracy). If you are looking to integrate IBM, Salesforce, QuickBooks or Oracle, you’re in luck.  

Limitation of Zebra Technologies

There are a few timely limitations. The system can be complex for non-technical users and require extensive training. When setting up the system, you will require technical support. 

C3 AI

  • Trustpilot: 3.7/5
  • Price: Custom pricing 

C3’s AI inventory management software balances lower inventory levels and customer service expectations, ensuring that minimizing inventory levels can still meet demand. Through their impact analysis, C3 provides clear insights that are easily actionable and that decisions are based off data. 

C3 AI is also able to suggest reorder parameters in real-time for parts, WIP and finished goods, allowing you to order the stock you need at the right time, helping to avoid overstocking or selling out of a product. 

Limitation of C3

A limitation with C3 AI Inventory Optimisation is there is a steep learning curve. User’s may find it time consuming to fully understand the software and the best way to use it for their business. 

Which is The Best AI Inventory Management Software?

Unleashed is a one of the best options for an AI inventory management system. With the use of Copilot and Feed, Access Evo in Unleashed allows users to simplify how they look for data and get key insights for what they’re looking for.  

Ready to give it a go? Experience Access Evo in Unleashed for yourself with a free 14-day free trial – no credit card needed. 

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By Molly Bloodworth

Content Executive

Molly is a Content Executive at Unleashed, providing easy-to-understand content and in-depth guides in inventory management and what Unleashed has to offer in a range of different industries. When she's not writing content, she's supporting Liverpool FC, and spending time with friends/family.