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. Orderhive Inventory Management

Effortlessly streamline inventory oversight with a robust solution designed for modern merchants. Track stock levels in real time, ensuring that inventory data is accurate across multiple sales channels. Features such as automated order management reduce the risk of overselling while saving valuable time. Seamlessly integrate with various e-commerce platforms and shipping carriers, creating a fluid experience for fulfillment and logistics. Comprehensive reporting tools provide actionable insights, enabling users to make informed decisions that sharpen competitive advantages. Enhanced features like batch processing provide added efficiency for bulk inventory updates and corrections. The intuitive dashboard offers a clear overview of product performance, ensuring that everything runs smoothly from stock replenishment to order fulfillment. Optimize operations and elevate business performance with a solution tailored for efficiency and effectiveness, allowing merchants to focus on growth and customer satisfaction.

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. Bee Low Stock Alert & Forecast

Free plan available. Free trial available.

Stay ahead of inventory challenges with a comprehensive solution designed for efficient stock management. This tool allows users to monitor low stock items effortlessly and receive real-time notifications when products dip below a customized threshold. This proactive approach aids in timely replenishment, ensuring that shelves remain stocked without interruption.

Users can establish maximum stock levels, allowing the app to calculate precise reorder quantities automatically. The intelligent forecasting module continuously analyzes sales velocity for each product, adjusting thresholds daily to reflect current trends. This data-driven approach empowers merchants to make informed decisions, ultimately enhancing customer satisfaction by minimizing stockouts.

Streamlining inventory management has never been easier, as this user-friendly tool integrates seamlessly into existing workflows, providing reliable alerts and actionable insights to maintain optimal inventory levels.

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. Stockbot Inventory Forecasting

Free plan available. Free trial available.

Streamline inventory management effortlessly with an intuitive solution designed for the modern merchant.
Stay ahead of demand with accurate replenishment forecasts tailored to your store's unique needs. This powerful tool identifies slow-moving products, enabling proactive inventory adjustments to minimize dead stock, reduce loss, and optimize warehouse space.

Monitor stock levels with customizable alerts at the store, product, and variant levels, ensuring you're always informed about your inventory status. The user-friendly interface allows for quick setup and straightforward navigation, designed to save time and resources typically associated with manual inventory tracking. By automating this crucial aspect of business operations, users can focus on growing their brand rather than being bogged down by stock management challenges.

Transform inventory control into a seamless process that protects capital and enhances operational efficiency.

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

Control & plan inventory, track incoming SKUs & restock on time

Free to install. Free trial available.

Managing inventory doesn't have to be a complex puzzle. This powerful tool streamlines inventory planning and optimization, allowing for effortless tracking and reordering. Create purchase orders and manage stock levels in seconds to ensure timely restocking and avoid costly stockouts and overstock situations. Leverage intelligent forecasting and demand planning to prepare for future purchasing needs, helping maintain a smooth cash flow with features for efficient preorders and backorders. Generate custom inventory reports that provide valuable insights for strategic decision-making, ensuring smarter inventory management. Seamlessly integrates with widely-used platforms such as Klaviyo, ShipHero, Xero, and QuickBooks, enhancing collaboration and efficiency in operations. Experience a simplified approach to inventory management that fosters growth and improves overall business performance.

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 72 reviews from Shopify stores.

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5. Inventory Forecasting Hero

Inventory Forecasting Hero- How the forecasting work

Free plan available. Free trial available.

Transform inventory management with a solution that moves beyond traditional forecasting methods. This app effectively analyzes demand patterns and recalibrates incoming stock levels, creating a meticulously curated list of items that require restocking.

Automated calculations eliminate the chaos of manual tracking, ensuring precision in inventory decisions. This sophisticated system addresses common challenges faced by merchants, including overstocking, stockouts, and dead inventory, ultimately optimizing profitability while reducing waste.

Installation is straightforward, enabling users to leverage its capabilities in no time. Comprehensive onboarding assistance is also available, making it easier to adapt to this modern approach to inventory management.

Say goodbye to outdated forecasting techniques and unlock a streamlined path to smarter inventory control.

Inventory Forecasting Hero is developed and maintained by StoreBuilder.

Inventory Forecasting Hero has an average rating of 4.8 out of 5 stars with 12 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!