What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in inventory management software category. Our data sources in inventory management software category include;
Inventory management software helps businesses monitor inventory levels, orders, sales, and deliveries. Manufacturers also use these tools to create a work order, bill of materials (BOM), and other production-related documents
If you’d like to learn about the ecosystem consisting of Inventory Management Software and others, feel free to check AIMultiple Supply Chain & Logistics.
AIMultiple is data driven. Evaluate 483 services based on
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calculated based on objective data.
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We use the data sources on the side for ranking solutions and awarding badges in inventory management software category. Our data sources in inventory management software category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
Sage Intacct
UpKeep
Square for Retail
Asset Panda
ShipStation
Taking into account the latest metrics outlined below, these are the current inventory management software market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
UpKeep
Asset Panda
EZOfficeInventory
ShipStation
Sage Intacct
These are the number of queries on search engines which include the brand name of the solution. Compared to other Supply Chain & Logistics categories, Inventory Management Software is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 38%, 34% more than the average of search queries in this area.
14 employees work for a typical company in this solution category which is 7 less than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 171 companies with >10 employees are offering inventory management software. Top 3 products are developed by companies with a total of 100k employees. The largest company building inventory management software is Honeywell with more than 100,000 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
Sage Intacct
Square for Retail
UpKeep
Kintone
Asset Panda
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all Inventory Management Software companies. The most positive word describing Inventory Management Software is “Easy to use” that is used in 23% of the reviews. The most negative one is “Difficult” with which is used in 5.00% of all the Inventory Management Software reviews.
According to customer reviews, most common company size for inventory management software customers is 1-50 Employees. Customers with 1-50 Employees make up 48% of inventory management software customers. For an average Supply Chain & Logistics solution, customers with 1-50 Employees make up 6% of total customers.
These scores are the average scores collected from customer reviews for all Inventory Management Software. Inventory Management Software is most positively evaluated in terms of "Customer Service" but falls behind in "Likelihood to Recommend".
This category was searched on average for 22.6k times per month on search engines in 2022. This number has decreased to 22.2k in 2023. If we compare with other supply chain & logistics solutions, a typical solution was searched 1k times in 2022 and this decreased to 590 in 2023.