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Retail inventory management software
POS inventory system: Master your stock from suppliers to sales
Track stock, manage suppliers and sell across all channels with Lightspeed’s in-built inventory management software, designed for growing, multi-location retailers.
Try it free Talk to an expert
$98.1B
Processed in GTV through Lightspeed’s platform in fiscal 2026 *
~146K
~146K locations around the world trust Lightspeed **
20
Years of industry expertise
Manage stock seamlessly with one POS inventory system
Lightspeed Retail brings advanced inventory control, built-in wholesale ordering and mobile tools together in a single platform—helping multi-location retailers scale without the complexity of an ERP.
Connect with suppliers
Browse and buy instantly from the built-in NuORDER Catalog.
Track inventory across channels
Keep stock levels consistent across stores, online, social media, and marketplaces.
Enter it once, not twice
Stock levels and costs update automatically when you receive stock.
Know your true costs
See margins and COGS based on latest pricing and landed costs.
Take the guesswork out of restocking
Easily set reorder points or ideal minimum/maximum stock levels across core products.
Simplify stock counts
Cut shrinkage with fast, mobile-friendly inventory counts.
Update prices easily
Apply pricing changes across all channels in just a click.
Use data to your advantage
Forecast demand, spot slow movers and draft POs from reports.
Boost efficiency
Automate manual tasks like stock ordering and stock counts.
Buy wholesale from top brands with Lightspeed Wholesale
Unlike other platforms, wholesale is built directly into Lightspeed POS via a seamless integration with NuORDER—so you can discover brands, place orders and sync product data without juggling separate systems.
* Stock your store faster, browse thousands of brands and add products in just a few clicks.
* Reduce manual work by automating product setup with accurate descriptions and pricing synced to your POS.
* Buy smarter with real-time performance data and order trend insights, including top categories, sizes and colors, to guide confident purchasing decisions.
* Create and send POs in one click from your POS inventory system, with details synced automatically to reduce double work, manual updates and errors.
Learn more
Meet your customers anywhere with Lightspeed Scanner
From taking payments on the shop floor, to counting stock and fulfilling orders, Lightspeed Scanner makes it easy to manage your operations right from your smart phone*.
* Sell anywhere: Accept eligible in-person, contactless payments right on your smartphone.
* Stay accurate: Count stock, track items across locations and reduce discrepancies.
* Fulfill faster: Pick, pack and ship online orders with barcode scanning and mobile-friendly workflows.
* Keep shelves stocked: Order, receive and transfer inventory in a few taps to avoid stockouts.
Learn more
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Manage your entire workflow, from order to floor, all in one place
Keep inventory levels, costs, incoming stock and sales in sync by managing ordering and receiving in one place.
Cut down errors and double handling
No exporting reports, no transcribing counts into a spreadsheet, no reconciling later. It’s all updated in one workflow.
Get better visibility into your bottom line
Get a truer picture of margins, COGS and stock value with the latest pricing, freight, duties and handling factored in.
Make smarter reorder decisions—faster
See your full stock position rather than a snapshot; create or add products to POs directly from inventory reports."
Try it free
Make smarter inventory decisions with Lightspeed Insights
With demand forecasting and automated reporting, Lightspeed Insights helps retailers improve efficiency and can add ~$4,457 to monthly gross profit based on the typical value of inventory held by Lightspeed retailers—boosting GMROI by 25.4%*.
* Never get caught short with estimated sales and out-of-stock periods for your bestsellers.
* Forecast confidently with tailored recommendations for seasonal and non-seasonal items.
* Order and receive product in one place so stock counts and true costs update automatically.
* Stay informed with automatic dashboards and scheduled reports sent to your inbox.
*Learn more
Inventory management, built right into your POS
With Lightspeed, inventory management is built into your POS—so every sale, stock movement and supplier order stays connected, for quick visibility and control without switching between systems.
* Track stock in real time: Every sale and return updates inventory across all stores and channels.
* Order and receive with ease: Create POs, restock shelves, and receive products directly in your POS.
* Unify sales and inventory data: Access accurate reports that combine stock, sales and customer insights in one place.
* Scale without silos: Manage multiple locations, suppliers and channels from a single integrated platform.
Learn more
Simplify your ordering with built-in purchase orders
Create and manage purchase orders right from your POS inventory system to cut down manual updates and get a more accurate view of costs, COGS and margins.
Set up your order
Choose your supplier, select delivery locations and add key details in seconds.
Add products
Search, scan, import via CSV or use smart reorder recommendations to add items.
Review and send
Apply costs or discounts, confirm quantities, then send the order to your supplier directly from POS.
Track and receive
Monitor order status, mark as dispatched and receive stock seamlessly into your system.
Stay in control with real-time visibility across channels
Lightspeed gives you one source of truth for products, variants and stock across every store and channel—so you can stay accurate, scale with confidence and stay in control from one powerful cloud-based system.
* Track inventory levels and SKUs across multiple locations, no matter where you are.
* Create product variants to manage different sizes, colours and more.
* Identify inventory with unique serial numbers in any of your locations from a single search.
* Track and understand stock changes with custom adjustment reasons and detailed reporting.
Talk to an expert
Our customers
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Smarter pricing and margin control
Lightspeed helps you manage pricing, promotions, and true product costs across all channels, so you can stay agile, protect margins and price with confidence.
* Bulk price updates: Quickly adjust prices across stores and channels in seconds, including seasonal promotions and loyalty pricing.
* Protect your margins: Factor in supplier, shipping and duty costs with landed cost calculations, to help ensure your cost of goods sold (COGS) is always accurate.
* Flexible pricing strategies: Use price books and distributed costs to run promotions, maintain profitability and respond to changing market conditions.
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* Apparel and shoes
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Run your entire business from inventory to sales and eCommerce to keep customers happy, healthy and loyal.
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From inventory management to sales and customer insights, get everything you need to run your bike store in one seamless platform.
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Manage your inventory and service workflows, sell anywhere and control everything from a single platform tailored for jewelry retailers.
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Manage inventory, sell anywhere and control everything from a unified pet store POS system.
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* CBD
Whether you sell in-store or online, power your CBD store's sales, customer management and inventory tracking from one unified POS platfor
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From inventory to in-depth insights and customer loyalty, get everything you need to run your sporting goods store in one unified platform
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* Toy
Manage your stock, sell anywhere and control all your operations from a single system designed to manage your toy store.
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* Electronics
Manage your inventory, customers, staff and more with a POS system built for electronics stores.
Explore
Try Lightspeed Retail for free
Become the go-to retailer with Lightspeed’s complete solution. 14-day trial. Unlimited access to eligible features. No credit card required.
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Frequently asked questions
What is retail inventory software?
Retail inventory software is a specialized tool that enables stores to efficiently manage and track their stock levels. Inventory management software helps retailers maintain accurate records of their inventory, streamline operations and optimize their stock based on sales trends and forecasts.
Stores can keep track of inventory using inventory management systems that monitor stock levels, manage reordering and track sales. Systems like Lightspeed update in seconds, helping to ensure that sales and stock levels are always synchronized. It also provides analytics to help retailers make informed decisions about stock replenishment and markdowns.
An inventory tracking system is a part of inventory management that focuses specifically on monitoring the quantities of goods in stock, and potentially their location within a store or warehouse. A POS (Point of Sale) inventory management system integrates the sales and inventory functions, enabling automatic tracking of inventory as sales occur. This system helps retailers understand what is selling well and what isn’t, allowing them to adjust purchasing and marketing strategies accordingly. It simplifies the sales process by automatically updating inventory levels as transactions are processed at the point of sale.
This system is crucial for retailers to ensure they have the right products in the right quantities at the right time, maximizing sales potential and minimizing holding costs.
Which inventory system is best for a small business?
Choosing the best inventory system for a small business depends on several factors, including the business's size, budget and specific operational needs. Software for inventory management should offer features like automatic stock level updates, multi-channel sales integration, supplier and purchase order management, and detailed analytics on inventory turnover and sales trends. The ideal software also includes forecasting tools to help predict future sales and inventory needs based on historical data.
To pick the right system for your business:
1. Assess needs: determine what features are most important for your business, such as sales tracking, order management or customer data integration.
2. Choose software: select software that fits your budget and meets your identified needs. It should allow for easy input and tracking of inventory, sales monitoring and data analysis.
3. Set up and integration: implement the software, set up product categories and integrate it with other systems like accounting or customer relationship management (CRM) if necessary. Look for professional onboarding services from your POS provider to speed up the process.
4. Train: train staff on how to use the system efficiently to ensure accuracy in data entry and operations. Your POS provider may be able to assist.
Which is the best inventory management software for wholesale and retail businesses?
The best software for wholesale and retail is one that combines POS functionalities with inventory management in a single interface. Look for features like multi-store management, ecommerce integration and mobile accessibility, which allow retail managers to oversee their operations on the go. Effective software also provides detailed reports that aid in making informed purchasing decisions and optimizing product placement and promotions based on data-driven insights.
Selecting the best inventory management software for both wholesale and retail businesses is crucial for streamlining operations, reducing costs and enhancing customer satisfaction. Effective inventory management software should cater to the unique needs of both sectors, supporting extensive inventory volumes for wholesalers and diverse product assortments for retailers.
Retailers can manage their inventory efficiently by implementing software that offers real-time tracking, automated restocking alerts and detailed analytics on sales patterns and customer preferences.
Wholesalers typically manage large volumes of products and require robust software that can handle bulk processing and track inventory across multiple locations. Essential features include batch tracking, barcode scanning and integration with supply chain management tools.
Can I connect my retail inventory to ecommerce through Lightspeed?
Yes, you can connect your retail inventory to ecommerce with Lightspeed. Lightspeed Retail and Lightspeed eCom are an integrated system that allow you to manage your inventory data for both sales channels from one platform. You'll be able to connect your webstore with your brick and mortar location's inventory for streamlined sales and stock management.
How can I migrate inventory data to Lightspeed?
You can quickly transition to Lightspeed Retail by using a spreadsheet to import your inventory. Learn more about importing products to Lightspeed Retail (X-Series) here.
Do POS systems track inventory?
Yes, most modern POS systems include inventory tracking features, but the level of functionality varies. With Lightspeed Retail, pos inventory software is built in—so every sale, return and stock movement updates automatically across all your channels and locations. This visibility helps reduce stockouts, prevent overstocking and keep your records accurate without relying on spreadsheets or manual updates.
Can you schedule an automatic restock in the inventory management system?
While POS systems don’t usually reorder stock completely on their own, advanced pos inventory software like Lightspeed let you automate much of the process. You can set reorder points and low-stock alerts, generate purchase orders in seconds and even receive data-driven order recommendations through Lightspeed Insights. This way, restocking becomes faster, more accurate and less dependent on manual work.
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1. For the fiscal year ended March 31, 2026, Lightspeed’s customers processed $98.1 billion in GTV through Lightspeed’s platform. GTV does not represent revenue earned by Lightspeed. See the section entitled “Key Performance Indicators” in Lightspeed’s most recent annual MD&A available on its investor relations website and at www.sedarplus.ca and www.sec.gov for more details.
2. Customer Locations as of June 30, 2026. See Lightspeed’s quarterly earnings press release for the three months ended June 30, 2026 and the section entitled “Key Performance Indicators” within Management’s Discussion and Analysis of Financial Condition and Results of Operations for the three months ended June 30, 2026 and 2025, both documents being available on Lightspeed's investor relations page, on SEDAR+ at www.sedarplus.com and on EDGAR at www.sec.gov, for more details.
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