Managing inventory is essential for Magento 2 online store owners to prevent stockouts and streamline operations. Tracking inventory helps to make informed decisions about supply chain management, ensuring timely restocking and product delivery.
There are many inventory report extensions that help business owners automatically list and track product changes. In this blog, we’ll discuss the best Magento 2 inventory report extensions that effectively keep your inventory in check.
What is an Inventory Report?
An inventory report summarizes the inventory levels of eCommerce businesses. It helps merchants keep track of inventory, i.e., products that are sold, products that are being ordered, and products that need to be restocked.
These reports help businesses to prevent overstocking or stockouts, ensuring high customer satisfaction and profits.
Best Magento 2 Inventory Report Extensions: Comparison
Let’s draw a quick comparison between the best Magento 2 inventory management extensions.
| Extension name | Pricing | Key features |
|---|---|---|
| Magento 2 Inventory Report by Meetanshi | Open Source (CE) – $49Commerce using on-prem (EE) +150.00 – $199Commerce on Cloud (ECE) + 150.00 – $199 | Lists changes in product inventory automatically using a grid.Allows you to export inventory reports in XML/CSV format.Manages stock effectively. |
| Magento 2 Inventory Report by BSS Commerce | Open Source (CE) – $99Commerce On-Premise (EE) – $249Commerce Cloud – $399 | View orders or memos through inventory reports.Track which user group made inventory changes.Comprehensive inventory report for each product. |
| Advanced Reports for Magento 2 by Amasty | Community – $255Enterprise – $509Magento Cloud – $765 | 20+ ready-made eCommerce reports. Custom reports. Visualize sales stats with interactive charts.Enable multi-currency support. |
3 Best Magento Reporting Extensions for eCommerce
Here are some of the best Magento reporting extensions that you can use to track inventory for your online store.
1. Magento 2 Inventory Report by Meetanshi
Magento 2 inventory report extension by Meetanshi gives you a comprehensive solution to track and manage inventory in Magento 2 stores.
It creates an inventory report by tracking changes in product stock in a backend reporting grid, including details such as product name, ID, SKU, stock status, and quantity. It helps you to monitor stock levels and ensure your products never run out of stock.
Any changes that happen in your store regarding inventory get reflected in your report. This is because the extension gets auto-enabled after installation.
For example, when a new order is placed, the salable quantity comes down in the inventory report.
Key Features
- Gives you the flexibility to export inventory reports in XML/ SV files.
- Allows you to manage stock effectively.
- List changes in product inventory automatically.
Pricing
- Open Source (CE) – $49
- Commerce using on-prem (EE) +150.00 – $199
- Commerce on Cloud (ECE) + 150.00 – $199
Track every change in product stock with a detailed inventory report in your store backend.
Get Report
2. Magento 2 Inventory Report by BSS Commerce
Magento 2 inventory report by BSS Commerce provides a detailed inventory report, helping business owners make informed decisions about inventory/stock. It offers a separate grid view for tracking all products and allows you to export the full inventory report in CSV format.
Key Features
- Automatically logs changes in the product quantities.
- Deletes inventory logs in the grid.
- Gives inventory reports for each product and tracks which users make inventory changes.
Pricing
- Open Source (CE) – $99
- Commerce On-Premise (EE) – $249
- Commerce Cloud – $399
3. Multi Warehouse Inventory by Amasty
Multi warehouse inventory by Amasty extensions helps you to create multiple warehouses and control product stocks with the help of a product grid. It allows you to create multiple warehouses and create shipments in a single click.
Key Features
- Reduces shipping costs with the help of a smart algorithm.
- Generate shipments with a single click.
- Customize custom shipping methods and rates.
- Compatible with Hyva and offers support for Hyva checkout.
Pricing
- Community – $255
- Enterprise – $509
- Magento Cloud – $765
Tips to Pick The Best Magento Inventory Management Extension
- Choose the extension that offers detailed reports and analytics to track inventory changes and make informed decisions.
- Ensure the extension has an intuitive interface that is easy to browse and configure.
- Check if the extension is compatible with your Magento version and can be integrated with other Magento extensions and tools.
- Look for documentation and tutorials that help you to set up and use the extension effortlessly. Also, compare the costs and evaluate the value they offer.
Choosing the right Magento 2 inventory report extensions makes it easy to improve inventory management. These extensions help you to automate and streamline inventory tracking.
So, pick the one that best fits your requirements and start tracking your inventory most effectively.
