Top E Commerce Inventory Software to Streamline Your Online Business

What is Cloud Ecommerce Inventory Software?

Cloud inventory software for ecommerce is a sophisticated inventory system employed to manage inventory online. Information on the stock is stored in remote servers and not in files or on a single computer. Information is available in real-time from any networked machine. Inventory levels can be easily monitored as well as how the stock traveled. It has integrations with most typical e-commerce programs. The integration enhances ecommerce business ecommerce operations and supports good decision-making. Overall, it is an essential remedy to e-commerce success.

7 Types of Inventory Management Method

1. FIFO – First in, first out

It prioritizes selling the oldest stock. It is of particular assistance in handling perishable goods such as food and drugs. By consuming older stock, businesses get to prevent the products from going to waste. It provides quality products and prevents wastage. Last but not least, it means more customer satisfaction.

2. LIFO – Last in, first out

This method is firstly selling the most newly purchased goods. It can be beneficial in terms of taxes during inflation. By assuming that the most costly inventory is sold first, LIFO reduces taxable income. However, it is less suitable for perishable goods. This can result in older stock not being sold, which can lead to expiration. Such outcomes can be harmful to a company’s reputation.

3. Average Costing

Average costing is achieved by calculating the total cost divided by the available amount. Average costing is suitable for those firms with large volumes of similar products. Clothed retail stores and generic product manufacturers are likely to use this strategy. It simplifies inventory valuation as well as keeping profit margins relatively constant, especially when prices change.

4. Just-in-Time Management (JIT)

Just-in-Time (JIT) inventory control is a technique applied to minimize levels of inventory. It entails the intake of material only when needed for production. It minimizes holding costs and wastage. It also enhances operational efficiency. JIT requires tight coordination with suppliers in order to get supplies at the right time. This guarantees that delays in production are eliminated. If implemented properly, JIT translates into considerably reduce costs. JIT also increases productivity because it allows companies to make adjustments rapidly in response to meet customer demands.

5. Materials Requirement Planning (MRP)

Materials Requirements Planning (MRP) is a major inventory control method. It helps companies plan and order production materials in advance. MRP establishes how much raw material and components are to be used and when to use them. It gives materials in advance to meet the plans of production. MRP eliminates time wastage and minimizes holding costs through integrating production planning and stock control. MRP minimizes the risk of stock shortages as well. As a whole, MRP enables companies to balance their levels of inventory with the actual requirements for production, increasing operating efficiency and customer satisfaction.

6. Economic Order Quantity (EOQ)

Economic Order Quantity (EOQ) is a formula to calculate the optimal order quantity to minimize the cost of overall inventory. EOQ maximizes ordering and holding costs. The process allows companies to maximize their orders and avoid stockouts. It also avoids unnecessary stock, which maximizes profitability and cash flow. With the calculation of EOQ, organizations know to make wise choices on quantities to order. The approach allows them to purchase in bulk at a low cost and still achieve optimum levels of stock.

7. Days Sales of Inventory (DSI)

Days Sales of Inventory (DSI) provides guidance on how quickly an enterprise, on average, sells its inventories. The indicator is useful in analyzing efficiency in holding inventory. A High DSI exists in quicker selling and better cash flow, and low DSI reveals slow inventories and more stock-holding expenses. Monitoring the DSI gives firms accurate decisions on holding inventories as well as providing selling techniques to ensure total activity is optimized.

Top 5 E-commerce Inventory Software

1. Murho

MuRho started inventory and asset management in 2002. It is used by over 10,000 users. Its software is used for enhancing the operational efficiency of various industries like retail, manufacturing, and logistics.

Package / Price Range	Start from RM100 / month
Free Trial	30 days free trial
Key Feature	Robust Inventory Management: MuRho monitors batch and serial numbers as well as manages expiry dates. The system provides FIFO and FEFO approaches for the highest inventory turnover. Order Management: Users can efficiently process outbound and inbound orders. Orders for transfers and loans are also handled by the system, aiding logistics activities. Mobile and Paperless Transactions: The software provides real-time mobile stock takes. Barcode scan technology built-in is more accurate and efficient. Catalog Management: Users can simply create product master catalogs. Instant access to product information is facilitated through QR code support in the system. Delivery Confirmation: e-signatures and GPS tracking provide proof of delivery. This enhances accountability and transparency of operations.
Security	Security of data is paramount at MuRho. They implement strong measures to protect confidential information. The system is regulated by applicable rules to protect user data.
App Integration	MuRho is fully integrated with leading accounting software like Xero and QuickBooks. Integration simplifies financial management and invoicing to maintain harmonized data accuracy.
Support	MuRho offers users great assistance. This includes training, technical assistance, and regular updates. Their professional customer assistance team is there to help companies make the most of the software.

2. SiteGiant

SiteGiant serves over 10,000 merchants. The platform unifies e-commerce operations by integrating various sales platforms. It enables businesses to increase sales and enhance customer engagement by integrating online and offline sales.

Package / Price Range	ERP Value, ERP Value Plus, ERP Business + SiteGiant App, ERP Premium RM208 – RM498 / month (The price for SiteGiant Webstore and SiteGiant Retail is different.)
Free Trial	The SiteGiant free trial is not a specific number of days. Instead, it provides free membership for 3 months from SiteGiant and potentially another 12 months through a Government subsidy campaign. This equates to potentially a total of 15 months, subject to the availability and qualification for the government subsidy.
Key Feature	Webstore Creation: SiteGiant possesses a user-friendly website creator. The system includes all the tools required for a quick setup. It also includes payment and logistics integration, SEO optimization features, and marketing tools. Inventory Management: The system automates the updating of stock on multiple sales channels. Real-time synchronization and bulk inventory linking functions avoid overselling. Order Management: SiteGiant allows merchants to manage orders from various sales channels efficiently. It possesses features like campaign reserved stock and warehouse management to enable the organization of processes. Marketing Tools: In-built marketing tools are a part of the platform. The tools help businesses expand and interact with customers. Loyalty schemes offer long-term buyer relations. Analytics and Reporting: The reporting features enable users to monitor business performance. The insights help in making data-driven choices for business improvement.
Security	SiteGiant has stringent measures to protect sensitive information. Regular updates and compliance with regulations ensure that it is a safe place for online transactions.
App Integration	SiteGiant is embedded with popular platforms. This contributes significantly to its usefulness. Users can integrate with various payment gateways and logistic partners for seamless order fulfillment. Integration with software like Xero automates bookkeeping and financial management.
Support	SiteGiant provides its customers with plenty of support. There are training resources and technical support on the website. Their customer service is prompt and willing to help with any issues that arise.

3. Selluseller

SelluSeller is a robust order, inventory, and product information management tool for multichannel e-commerce. It hosts more than 7,200 businesses and has processed over 31 million orders, which equates to 1.27 billion Gross Merchandise Value (GMV). It simplifies ecommerce channel selling into an easy task due to its user-friendly interface.

Package / Price Range	SelluSeller has scalable pricing plans that keep pace with the individualized needs of all businesses. You can avail of economical options offering scope for expansion at every phase in your entrepreneurial life as an online merchant.
Free Trial	30 days free trial
Key Feature	Automated Multichannel Selling: SelluSeller offers over 100 advanced features to automate selling operations. Endless product listings can be managed, order processing is streamlined for efficiency, and orders can be easily processed. Centralized Inventory Management: Real-time inventory synchronization is facilitated by the platform to prevent overselling and offer accurate stock levels for all channels. Promotions Management: Multiple promotions for different brands can be scheduled and managed by the users. In-built real-time insights enhance the effectiveness of these promotions. Advanced Analytics: SelluSeller provides actionable analysis and insights that assist companies in learning about their performance and adjusting their selling techniques. Modern Warehouse Management: The software has enhanced features for warehouse management, such as batch and expiry management, and synchronizing logistics with sales processes.
Security	SelluSeller prioritizes user security with strong steps taken to safeguard sensitive information. Being a product of Anchanto, a worldwide B2B SaaS provider, it adheres to best practices for data protection.
App Integration	SelluSeller integrates with over 100 ecommerce platforms, ERPs, accounting solutions, and logistics companies. Real-time data synchronization for financial accuracy and simplifying reporting via automated processing of orders and invoices is facilitated by integration with Xero.
Support	SelluSeller provides complete support to its users. The website provides personalized account managers and different support options, including calls, email, and chat. They are always ready to help companies get the best out of their software and fix any problems.

4. Unleashed

Unleashed is a reliable inventory management software. It streamlines stock, invoices, orders, and sales. The software helps businesses regain control and become more efficient. It provides in-depth reporting and simple integrations. Trusted by companies worldwide, Unleashed is built to optimize profitability, save time, and enhance performance. It brings together buying, warehousing, sales, and production processes.

Package / Price Range	Medium, Large, Large Plus RM1690 – RM4780 / month
Free Trial	14 days free trial
Key Feature	Effortless Stock Control: The tool automates stocktaking for quick and accurate stock control. Multi-Location Stock: It tracks the company’s inventory stock in different warehouses without needing spreadsheets. Automated Purchasing: Unleashed streamlines purchasing through demand forecasting and replenishment inventory optimization. Production Control: The software has a Kanban planner and electronic bills of materials for accurate operational cost control and improving operational efficiency. B2B Sales Management: It simplifies the B2B purchasing process with a powerful eCommerce portal. Advanced Demand Planning: Unleashed provides easy inventory forecasting and custom replenishment approaches.
Security	Unleashed implements strong measures to protect sensitive information.
App Integration	Unleashed integrates with over 30 apps. Integration allows real-time sales and inventory synchronization. It simplifies financial reporting. The software also integrates with Shopify for multi-channel eCommerce inventory management automation.
Support	Unleashed offers comprehensive support on various channels. Users can access troubleshooting, integration support, and general inquiries.

5. Cin7 Core

Cin7 Core is an effective inventory management system. It is suitable for small businesses, manufacturers, and retailers. It combines inventory management, sales order management, and fulfillment in one cloud-based system. This streamlines operations and makes the business expand.

Package / Price Range	Standard, Pro, Advanced, Omni RM1550 – RM4420 / month For Omni, it is a customized plan, a business can discuss with the team.
Free Trial	14 days free trial
Key Feature	Centralized Inventory Management: Cin7 Core combines sales and inventory management into a single platform. Real-time Data Insights: The software provides advanced reporting and forecasting capabilities. It allows users to make decisions driven by historical data. Automated Processes: Cin7 Core automates routine processes. This feature frees up time for more strategic pursuits. B2B Portal: The platform includes a branded customer portal. This allows customers to handle their orders in an effortless way. Strong Reporting: There are more than 70 reports that are customizable. These reports provide in-depth information on sales and stock. Scalability: The software adjusts to the expansion of your business. It accommodates the addition of new features and integrations as your business grows.
Security	Cin7 Core is secure. It protects user data and ensures industry standards compliance. The platform provides safe access and data backup to minimize risks.
App Integration	Cin7 Core integrates with over 700 platforms. These include popular ones like Shopify, Amazon, and Xero. These integrations allow businesses to centralize operations without having to give up their existing software.
Support	Cin7 Core provides adequate customer support. Users get full documentation and timely service. This support helps users to achieve the maximum potential of the software.

FAQs

What are some important points to remember while choosing inventory management software?

While choosing inventory management software, firms ought not to lose sight of certain special considerations. To begin with, identify concrete pain points, for example, the need to track inventory, or handling multiple locations. Knowing your top processes will assist you in deciding what features you need most.

Evaluate the capacity of the software. Look for real-time inventory monitoring and auto-ordering functionality. Good reporting capabilities are also an absolute necessity. Ensure that the software can easily be integrated into other systems like accounting or ERP systems. It is highly important that scalability must be good; therefore, pick software that may grow along with your e commerce business.

Check on the blog-> Top 5 Best Cloud Accounting Software in Malaysia

User experience matters as well. An easy-to-use interface is important. Lastly, keep under observation on the price and pricing plan. By considering all these, companies can choose software that truly brings value to their processes.

Is there an economical solution available for inventory management?

Yes, Xero is a cheap inventory management tool, particularly for small businesses. The application is a simple tool that helps you monitor stock levels and keep track of inventory. Xero provides its users with real-time inventory tracking, thus enabling timely buying and preventing stockouts.

You can simply know what is selling with Xero. It helps you to change your buying based on the information. Billing and purchasing are also made easier by the software. It fills in invoices and purchase orders automatically with inventory data, saving time and reducing errors.

Xero is easily able to support 4,000 finished items. Using the platform, organizations are able to optimize their stock management at relatively low costs. Xero can, in general, be regarded as a practical solution for gaining efficiency in business operations.

Also, another solution to integrate Xero with your business is Caltrix Asia. It is Xero Malaysia Gold Partner to help you boost your business. A free 30 minute clarification call is open to all. Let’s get started now!

In what ways does forecasting apply in inventory management?

Forecasting is critical in inventory management. Companies can gauge how much of a product they will sell based on historical sales data. It keeps them from experiencing stockouts and overstocking.

Accurate forecasts also reduce carrying costs. They improve planning for production by ensuring materials arrive at the appropriate time. Forecasts also increase supply chain management effectiveness and minimize lost sales. They enhance customer satisfaction by ensuring products reach customers at the appropriate time. Forecasting also provides useful data for effective inventory management decision-making.

How do I ensure that the inventory management software adapts to the expansion of my business?

To be able to have your inventory control software scale with your business, choose one that is responsive and flexible. It needs to be easily integrated with your business. Choose cloud-based solutions such as Xero that can scale your requirements and offer API access to ease integration with other tools. Additionally, incorporating features like barcode scanning and demand forecasting will be more effective and will contribute to your growth.

Alfred Ang

Alfred has led the company in helping over 500 SMEs successfully transition to digital platforms. With expertise in cloud accounting software implementation and other tech stacks. Alfred empowers businesses to access real-time, accurate financial data for informed decision-making. As a Chartered Accountant (CGMA, ACMA, and MIA member), he is driven by the mission to streamline traditional accounting processes. Alfred’s accomplishments include winning the Xero Award for Medium Accounting Partner of the Year in 2024.

2025 Top 5 E-commerce Inventory Software in Malaysia