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Ecommerce Inventory Management System

Features, Integrations, Success Factors, Costs

ScienceSoft applies 21-year experience in digital commerce and 12 years of expertise in building inventory software to design and develop effective ecommerce inventory management solutions.

Ecommerce Inventory Management Software Overview - ScienceSoft
Ecommerce Inventory Management Software Overview - ScienceSoft

Ecommerce Inventory Management Software: The Essence

Ecommerce inventory management software helps companies involved in digital commerce streamline inventory management workflows, minimize inventory carrying costs, and avoid stockouts and overstocking.

The software can enable demand-driven inventory planning, real-time monitoring of inventory levels and location using IoT, multi-echelon inventory optimization based on advanced analytics, automated inventory valuation, as well as automated inventory ordering and selling.

  • Necessary integrations: online selling channels, a vendor portal, accounting software, promotion management software, etc.
  • Implementation time: 6–10 months for custom inventory management software for ecommerce.
  • Development costs: $90,000–$400,000+, depending on the solution’s complexity. Use our free calculator to estimate the cost for your case.
  • ROI: 120–300%+.

Ecommerce Consultant at ScienceSoft

There are two ways to manage inventory: with a reactive approach, a company responds to the customer demand, and with a proactive — it predicts the demand. The second model is more financially viable, as the company can plan sufficient stock to meet customer demand and have little or no stale stock that will be sold at a discount or disposed. To build proactive inventory management systems, we rely on advanced analytics and AI. So, the system can analyze relationships between multiple variables (e.g., past sales, seasonality, planned advertising and pricing promotions, safety stock) and make as accurate demand predictions as possible.

Ecommerce Inventory Management System: Key Features

ScienceSoft creates inventory management solutions with unique functionality closely bound to our clients’ objectives. Below, we list the features commonly requested by our customers from the ecommerce sector:

Inventory item management

  • User-defined inventory item parameters (batch, price, color, dimensions, expiration date, etc.).
  • Template-based SKU creation.
  • Rule-based inventory item cataloging.
  • Automated updating of SKU information as new relevant data appears.

Inventory database management

  • Batch uploading and processing of inventory data.
  • Inventory data backup, versioning and recovery.
  • A search engine with filtering and metadata querying to navigate inventory data.
  • Role-based access to the inventory database.
  • Full audit trail of user activities.

Inventory planning

  • Calculating the required inventory amounts by period, inventory item, storage location, etc., based on the analysis of relevant historical data:
    • Customer demand (by online selling channel, region, during particular seasons, etc.).
    • Inventory expiration dates.
    • Existing inventory reservations for customer orders, and more.
  • Planning the expected inventory delivery dates based on the lead time specified by a vendor, inventory shipment status, working days calendar, etc.

Inventory optimization

  • AI-supported calculation of optimal inventory reorder points for each inventory item based on historical sales data, product promotions, demand seasonality, and other factors.
  • Multi-echelon inventory optimization based on the analysis of current demand, inventory availability, inventory carrying costs, inventory lead time, customer commitments and service levels, and more.
  • AI-driven recommendations on the optimal time for inventory reallocation between different warehouses, distribution centers, points of sale (for omnichannel retail), etc.

Inventory purchasing

  • Automated creation of purchase orders (PO) triggered by reorder points, certain dates, etc.
  • Rule-based supplier assignment for various inventory items.
  • Automated workflows for multi-department PO approval.
  • Real-time PO status tracking.
  • Automated purchase invoice processing and submission for payment.

Inventory costing

  • Automated inventory valuation based on FIFO, LIFO, weighted average costing, and other inventory costing methods.
  • Calculating inventory purchasing and carrying costs in a user-defined currency.
  • Calculating cost of goods sold (COGS).

Inventory receiving and putaway

  • Alerts to the inventory team on inventory delivery.
  • Inventory item identification and verification against purchase/transfer orders based on barcode or RFID technology.
  • Flagging inventory items that require quality inspection.
  • Automated generation of identification labels for inventory items, pallets, stacks, packages, etc.
  • AI-based inventory storage suggestions based on the item storage requirements, expiration dates, demand forecasts, etc.
  • Alerts on inventory items to be taken from a receiving zone directly to a shipping zone (for cross-docking operations).

Inventory control

  • Inventory level monitoring based on barcode or RFID technology:
    • Across multiple domestic and foreign storage locations.
    • Across owned and consignment inventory.
  • Alerts on low-level inventory.
  • Batch control to track expiration dates (e.g., of perishable inventory items) using barcode or RFID technology.
  • Reminders on inventory expiration dates.
  • Inventory audit based on barcode or RFID technology.
  • Template-based creation of sales orders.
  • Rule-based customer order prioritization based on customer value, order date, product category, service level, and more.
  • AI suggestions on the optimal order fulfillment location based on the analysis of current stock levels, destination addresses, etc.
  • Template-based creation of order fulfillment schedules with critical milestones like order packing, pickup, arrival at particular points, etc.
  • Real-time tracking of sales order status.

Inventory picking and packing

  • Automated inventory reservation for a customer order.
  • AI-based suggestions on the type and amount of packing required for an order and the optimal inventory picking route in a fulfillment location.
  • Automated creation of picking and packing lists for warehouse workers.
  • Rule-based inventory kitting.
  • Template-based creation of shipping labels and package slips.
  • Automated generation and approval of sales invoices and shipping documents.
  • Notifications to the inventory team on the goods dispatch.

Inventory return management

  • Rule-based inventory return routing to a fitting warehouse.
  • Real-time tracking of return order status.
  • Alerts to the inventory team on the returned inventory delivery.
  • Automated workflows for various inventory processing scenarios upon returned inventory delivery (e.g., inventory routing for quality check or inventory return to the initial supplier).

Inventory analysis

  • Real-time calculation of inventory metrics, such as total inventory levels by storage location, on-hand/low-stock inventory, inventory turnover, days sales of inventory (DSI), aged inventory, and more.
  • AI-powered ABC and FSN analysis.
  • Template-based inventory reports (by period, region, storage location, etc.).

Get an Effective Inventory Solution for Ecommerce

ScienceSoft’s team is ready to plan and build a robust inventory system to help e-sellers smoothly shift towards a long-term, sustainable ecommerce inventory management model and optimize inventory costs.

Essential Integrations for Inventory Management Software

ScienceSoft recommends setting up the following integrations to ensure the accuracy and consistency of inventory data across business-critical systems. It will help facilitate and speed up ecommerce inventory planning, control, replenishment, and selling.

Integrations for Ecommerce Inventory Management Software

Online selling channels

(e.g., a company’s ecommerce website, social networks, third-party marketplaces)

  • For the automated input of relevant data when creating sales orders and customer invoices.


  • For accurate multichannel inventory planning to meet customer demand.
  • To keep customers up to date on available inventory.


Promotion management software

For accurate inventory planning taking into account potential demand spikes.

Vendor portal

  • For the automated purchase order submission to suppliers.
  • For facilitated PO status tracking.
  • To precisely calculate expected inventory supply dates and optimal inventory reorder points.


  • For fast processing of supplier invoices.



(barcode or RFID readers)

For accurate inventory level and location monitoring.

Transportation management software

To accurately plan customer order shipment.

Accounting software

For automated recording of inventory transactions and inventory value to the general ledger.

BI solution

For the analytics and visualization of multi-location data on inventory demand, inventory lead time, and more.

ROI Factors for Implementing an Ecommerce Inventory Management System

Relying on 21 years of experience in digital commerce and 12 years of experience building supply chain management solutions, ScienceSoft’s consultants defined important factors that help ecommerce companies maximize the ROI for inventory management software development.

AI-powered prescriptive analytics

To provide ecommerce inventory teams with intelligent recommendations, for example, on optimal inventory reorder points or inventory reallocation time to support optimal stock levels across various warehouses.

The use of barcode, RFID, or computer vision technologies

To eliminate error-prone manual efforts across inventory counting tasks and enable automated tracking of inventory level and location.

Smooth integration with business-critical systems

To ensure seamless flow of data between ecommerce inventory management software and a company’s online selling channels, a vendor portal, accounting software, a BI solution, etc.

Is Custom Development Feasible for Your Case?

Answer a few simple questions and find out whether you should opt for a custom ecommerce inventory system or a ready-made platform.


Please tell us a bit more about your needs

Answer at least 3 questions to get results.

Go to questions

You can go with off-the-shelf ecommerce inventory software

Looks like market-available inventory solutions are a viable option to meet your needs. Turn to ScienceSoft if you need help with choosing the optimal ready-made tool, its implementation, customization, or integration with your existing systems.

Get assistance

You definitely should consider custom development

A tailor-made inventory solution will help you reap the unique benefits that market-available tools cannot offer. Turn to ScienceSoft to get a detailed assessment of a custom inventory system’s feasibility for your case.

Discuss my case

Custom ecommerce inventory software is your best choice

Looks like pre-built inventory tools don’t fit your specific needs and won’t be able to provide the expected operational and economic feasibility. Turn to ScienceSoft to get a consultation on custom development and receive free cost and ROI estimates.

Talk to us

Inventory Management Platforms ScienceSoft Helps Implement

Oracle NetSuite Inventory Management

Best for

Large ecommerce businesses with complex distribution networks.


  • Template-based SKU creation.
  • Demand-driven inventory planning.
  • Calculating optimal stock levels across locations and reorder points for inventory items based on the analysis of historical sales data, inventory lead time, and other factors.
  • Monitoring inventory levels across multiple locations in real time.
  • Alerts on low-stock inventory items.
  • Tracking the status of inventory purchase orders and sales orders.
  • Automated processing of inventory returns.
  • Analytics on essential inventory KPIs, such as total stock by location, best-selling and slow-moving stock items, etc.


Requires substantial customization efforts to meet unique inventory management needs.

Brightpearl Inventory Management

Best for

Midsize and large companies involved in omnichannel commerce.


  • Inventory planning based on the analysis of historical sales data and planned product promotions.
  • Multi-echelon inventory optimization.
  • Monitoring inventory levels across domestic and foreign storage and selling locations and inventory audit based on barcode technology.
  • AI recommendations on the optimal time for stock replenishment.
  • Automated generation of inventory purchase orders (triggered by reorder points).
  • Template-based creation of sales orders and customer invoices.
  • Plug-and-play integrations with Amazon, Shopify, Adobe Commerce (Magento), and other popular e-commerce platforms and marketplaces.


Requires costly and effort-consuming integration with legacy back-office systems.

Veeqo Inventory Management

Best for

Midsize ecommerce businesses selling via multiple online marketplaces.


  • OOTB integrations with popular e-commerce marketplaces (Shopify, Amazon, eBay, Walmart), e-commerce platforms (BigCommerce, Magento), accounting tools (Xero, QuickBooks), and more.
  • A mobile app for inventory managers.
  • Inventory planning by period, fulfillment location, region, etc., based on demand and lead time specified by a supplier.
  • Tracking inventory levels across multiple storage locations, including trading partners’ warehouses, based on barcode technology.
  • Rule-based routing of customer orders to particular fulfillment locations.
  • Rule-based inventory kitting.
  • User-defined rules for inventory picking and packing.


SKU data has to be uploaded manually, which is time-consuming.

Ecommerce Inventory Software Development Costs

Pricing Information

According to ScienceSoft’s experience, a custom ecommerce inventory system of average complexity requires $150,000–$250,000 in investments, while the cost of a comprehensive inventory and warehouse management solution for a large ecommerce business may reach $400,000+.

Want to know the cost of your ecommerce inventory solution?

Get an estimate

Learn the Cost of Your Ecommerce Inventory Software

Want to know how much your custom inventory solution will cost? Answer a few simple questions about your needs to help our experts estimate the cost quicker.


*What industry should your inventory solution serve?

*What type of company do you represent?

*What is the expected number of software users?

*How many organizations do you plan to target with your software, approximately?

*How many end users (individuals from all organizations) will use your software, approximately?

*What capabilities should your inventory software provide? Check all that apply.

*Should your future software provide complex analytics?

*Which software version do you need?

*Which platforms should your inventory software support?

*What method of inventory counting should your solution support?

*Do you have any preferences for the deployment model?

*Would you require any integrations?


To integrate your inventory software with other corporate solutions (e.g., procurement software, accounting software), hardware (barcode scanners, computer vision systems, etc.), or third-party systems (internal systems of inventory suppliers, shipping carriers, or contract manufacturers).

Do you need to migrate data from legacy software?

*Do you have tech stack preferences?


Particular programming languages, software platforms, cloud services, etc.

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ScienceSoft's experts will study your case and get back to you with the details within 24 hours.

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Benefits of Inventory Management System for Ecommerce

Ecommerce inventory management software can bring 120–300%+ ROI, depending on the initial project investments and ecommerce company size.

10–30% decrease in inventory purchasing, holding, and shortage costs.

90% fewer out-of-stock situations due to accurate inventory planning.

Over 25% improvement in inventory accuracy.

10–15% reduction in inventory-related labor hours.

Development of Ecommerce Inventory Management Software with ScienceSoft

In ecommerce since 2003 and in inventory management software development since 2012, ScienceSoft helps ecommerce businesses build reliable inventory management solutions.

Ecommerce inventory software consulting

  • Analysis of your inventory management needs.
  • Suggesting optimal features (including advanced techs-enabled features, such as AI-based prescriptive analytics)
  • Design of a scalable architecture.
  • Selecting a go-to tech stack for ecommerce inventory software implementation.
  • Preparing a plan of integrations with online selling channels, a vendor portal, accounting software, RFID, or barcode scanners, etc.
  • Implementation cost & time estimates, expected ROI calculation.
Go for consulting

Ecommerce inventory software implementation

  • Inventory management needs analysis.
  • Ecommerce inventory solution conceptualization.
  • Design of a scalable architecture.
  • Inventory management software development.
  • Integrating the solution with existing systems (online selling channels, accounting software, etc.), RFID, or barcode scanners.
  • Quality assurance.
  • User training.
  • Continuous support and evolution (if required).
Go for implementation

About ScienceSoft

ScienceSoft is an international IT consulting and software development company headquartered in McKinney, Texas. We provide consultancy and development services to help ecommerce businesses build effective inventory management software. Achieving project goals in spite of time and budget constraints, as well as changing requirements, is ScienceSoft's top priority. You set goals, we drive the project to fulfill them.