IMS (Inventory Management System)
Discover and compare the best IMS solutions for your supply chain business
Company information may be sourced from publicly available materials and vendor-provided data. SupplyWolf does not independently verify all information and makes no representations regarding accuracy.
What is IMS (Inventory Management Software)?
Inventory Management Software (IMS) tracks stock levels, locations, movements, and valuations across one or many sites. It's distinct from a WMS in that IMS focuses on what you have and what it's worth, while WMS focuses on the physical work of moving it. IMS is essential for accurate financials, replenishment planning, and avoiding stockouts and overstocks.
Key features
Multi-location stock tracking
Real-time inventory across stores, warehouses, and 3PLs.
SKU, lot, and serial control
Track inventory by item, lot, batch, expiration, and serial number.
Replenishment and reorder points
Automate reorder triggers and safety-stock calculations.
Valuation methods
Support FIFO, LIFO, weighted average, and standard costing.
Cycle counting
Schedule and execute cycle counts without shutting down operations.
Who uses it
Manufacturers and Shippers
Manufacturers track raw material, WIP, and finished goods to keep production lines fed.
Retailer / eCommerce
Retailers and DTC brands use IMS to maintain a single source of truth across stores, marketplaces, and 3PLs.
3PL
3PLs use IMS or WMS-grade inventory features to give each customer accurate stock and billing data.