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The best inventory forecasting apps for Shopify in 2024

Written by
Adam Sturrock
Published on
May 19, 2024

Shopify, the popular e-commerce platform, hosts a vast number of online stores, catering to a wide range of merchants from various backgrounds. With its user-friendly interface and powerful features, Shopify has become a top choice for both budding entrepreneurs and established businesses looking to expand their online presence.

When it comes to managing inventory efficiently, having the right tools can make a significant difference in the success of a Shopify store. Inventory forecasting apps play a crucial role in helping merchants anticipate demand, optimize stocking levels, and ultimately improve their bottom line.

In 2024, the landscape of e-commerce continues to evolve rapidly, making it essential for Shopify store owners to stay ahead of the curve. By leveraging the best inventory forecasting apps available on Shopify, merchants can streamline their operations, reduce costs, and provide top-notch service to their customers.

This comprehensive guide is designed to assist Shopify merchants in selecting the most effective inventory forecasting apps for their specific needs. Whether you're just starting or looking to enhance your existing store, the right app can propel your business to new heights in the competitive e-commerce market.

#1 Shopify App Award

1. Orderhive Inventory Management

Orderhive Inventory ManagementOrderhive Inventory ManagementOrderhive Inventory ManagementOrderhive Inventory Management

Streamline inventory processes with an advanced management solution designed to sync seamlessly across multiple sales channels. Effortlessly track stock levels in real-time, avoiding stockouts and overstocks that can disrupt customer satisfaction. This tool provides automated updates, ensuring accuracy and helping merchants maintain optimal inventory levels without manual intervention. Optimize order fulfillment by integrating with various carriers and warehouses, reducing shipping times and costs. A comprehensive dashboard offers actionable insights and analytics, allowing for informed decision-making on stock replenishment and product trends. Customizable alerts and reporting features provide clarity on sales patterns, enabling strategic planning. By simplifying operations, this solution empowers merchants to focus on growth while maintaining a responsive supply chain. Experience a clearer path to operational efficiency and enhanced revenue potential with a robust inventory management solution.

Orderhive Inventory Management is developed and maintained by Orderhive.

Orderhive Inventory Management has an average rating of 3.8 out of 5 stars with 171 reviews from Shopify stores.

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#2 Shopify App Award

2. Bee Low Stock Alert & Forecast

Bee Low Stock Alert & ForecastBee Low Stock Alert & ForecastShopify low inventory alert thresholdBee Low Stock Alert & ForecastBee Low Stock Alert & ForecastShopify low inventory alert threshold

Free plan available. Free trial available.

Efficient inventory management transforms operational challenges into opportunities for profitability. This application specializes in alerting merchants when stock levels dip below a customizable threshold, ensuring that supply matches demand seamlessly.

Automatic notifications are sent to both the merchant and their vendors, preventing stockouts before they disrupt sales. The ability to define maximum stock levels empowers users to maintain efficient inventory without overcommitting funds.

The integrated forecasting module intelligently evaluates sales velocity, dynamically adjusting reorder thresholds daily. This proactive approach enables merchants to stay ahead of purchasing cycles and optimize their inventory strategy.

By simplifying stock management, it allows businesses to focus on growth and customer engagement rather than inventory woes. Continuously refine your approach to product replenishment and navigate the complexities of stock management with confidence.

Bee Low Stock Alert & Forecast is developed and maintained by merchbees.

Bee Low Stock Alert & Forecast has an average rating of 4.9 out of 5 stars with 128 reviews from Shopify stores.

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#3 Shopify App Award

3. Stockbot Inventory Forecasting

Stockbot Inventory ForecastingStockbot Inventory ForecastingInventory ForecastingStockbot Inventory ForecastingStockbot Inventory ForecastingInventory Forecasting

Free plan available. Free trial available.

Elevate inventory management with a streamlined tool designed for precise forecasting and tracking. This essential application simplifies the process of determining replenishment quantities, ensuring you maintain optimal stock levels without the risk of overages.

Detect slow-moving items efficiently, reducing the possibility of dead stock and capital tied up in excess inventory. With customizable low stock alerts at the store, product, and variant levels, it offers critical insights that lead to smarter inventory decisions.

Experience the benefits of automated operations that traditionally require multiple team members, saving hours of manual labor. The user-friendly setup allows for an immediate impact on your bottom line, helping to control costs while maximizing warehouse space.

Make informed decisions today and keep your stock in perfect harmony with demand.

Stockbot Inventory Forecasting is developed and maintained by StoreBuilder.

Stockbot Inventory Forecasting has an average rating of 4.9 out of 5 stars with 57 reviews from Shopify stores.

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4. Fabrikatör Inventory Assistant

Fabrikatör Inventory AssistantFabrikatör Inventory AssistantControl & plan inventory, track incoming SKUs & restock on timeFabrikatör Inventory AssistantFabrikatör Inventory AssistantControl & plan inventory, track incoming SKUs & restock on time

Free to install. Free trial available.

Efficient inventory management transforms business operations, ensuring optimal stock levels tailored to demand. This app empowers merchants with a comprehensive toolkit for inventory planning and sales forecasting, minimizing the risk of stockouts while preventing surplus. Craft purchase orders in mere seconds and maintain seamless reordering and restocking processes. Take advantage of long-term demand planning to streamline purchasing and enhance cash flow through effective preorders and backorders. Customizable reports provide insights into fast-moving products, ABC analysis, deadstock, and bundles, allowing for informed decision-making. Integration with leading platforms such as Klaviyo, ShipHero, Xero, and QuickBooks ensures a cohesive workflow, enhancing operational efficiency. Master the art of inventory management with tools designed for precision and speed, paving the way for sustained growth in your ecommerce journey.

Fabrikatör Inventory Assistant is developed and maintained by Fabrikator IO Information Technologies UG.

Fabrikatör Inventory Assistant has an average rating of 4.9 out of 5 stars with 76 reviews from Shopify stores.

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5. Inventory Forecasting Hero

Fabrikatör Inventory AssistantInventory Forecasting HeroInventory Forecasting Hero- How the forecasting workFabrikatör Inventory AssistantInventory Forecasting HeroInventory Forecasting Hero- How the forecasting work

Free plan available. Free trial available.

Streamline inventory management with precision and clarity. Leveraging advanced calculations, this app eliminates the guesswork from stock forecasting by generating accurate demand predictions. Say goodbye to tedious Excel spreadsheets and hand-written notes that have the potential for human error.

Receive timely recommendations for restocking, ensuring the right products are available at the right time. By preventing overstocking, under-stocking, and dead stock, the app drives efficiency, enhances profitability, and reduces waste.

Simple to install and user-friendly, transitioning to this solution requires minimal effort. Comprehensive onboarding assistance is also available, ensuring seamless integration into your existing workflow.

Embrace a smarter inventory solution that supports informed decision-making, optimizing resources while driving success. Transform your operational strategy today.

Inventory Forecasting Hero is developed and maintained by StoreBuilder.

Inventory Forecasting Hero has an average rating of 4.7 out of 5 stars with 13 reviews from Shopify stores.

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We hope you found this guide on the top inventory forecasting apps for Shopify useful.

Did we miss an app you think should be included in this guide, please let us know!

Top Shopify inventory forecasting apps FAQ

Which inventory forecasting apps do I need for my Shopify store?

You’ll want to take advantage of the many inventory forecasting apps and integrations available to make your Shopify store the best it can be. Every inventory forecasting app highlighted in this article can help take your Shopify store to the next level! With that said, if you can't find what you're looking for in this guide, we recommend checking our comprehensive list of every Shopify inventory forecasting app!

What is the best inventory forecasting app for Shopify?

The Shopify App Store is always adding new apps, but by analyzing merchant reviews, average ratings, estimated install counts, pricing and other signals we've identified that Orderhive Inventory Management is one of the top Shopify inventory forecasting apps available for merchants in 2024.

With that said, it’s not always the best idea to just go for the most popular app or our recommendations. Always look at how many Shopify stars the app has and what the reviews are saying about the app itself. Where possible, we highly recommend testing apps you are considering by leveraging free trials before commiting to any fixed monthly subscription costs.

Why do I need to install a Shopify inventory forecasting app?

Whilst Shopify comes with a broad range of features and capabilities out of the box, many inventory forecasting apps go above and beyond what Shopify can provide. Every store has unique requirements and a diverse range of apps are available to meet these needs.

How many inventory forecasting apps are recommended for Shopify?

We recommend including atleast one inventory forecasting app for your Shopify store if this type of app would be beneficial for your store. There are a lot of free options out there and some great inventory forecasting apps that will help you run your business as smoothly as possible.

Can I build my own custom inventory forecasting app for Shopify?

The short answer is yes ofcourse! Shopify provides a lot of great documentation to build inventory forecasting apps.

The longer answer is that you should weigh up the upfront time, resources and costs of building a custom apps vs finding a inventory forecasting app that handles the majority of your requirements for free or for a low monthly fee.

Ofcourse if you can't find a suitable inventory forecasting Shopify app to meet your needs then it's definitely worth investigating what it would take to build the app of your dreams!

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