Lightspeed Inventory Software
Create a powerful POS inventory system that gives you faster fulfilment and better customer experiences with this Unleashed Lightspeed inventory management integration.
Streamline your Lightspeed inventory management
Easily sync stock and sales data
Unleashed integrates seamlessly with Lightspeed to ensure all your data is up-to-date and accurate.
Multichannel retail
Set optimal stock levels based on real-time data. Receive automated reorder alerts when a product gets low.
Total control over all your products
Bring all your sales channels together in one place and easily track inventory across all your platforms.
Inventory optimisation
Access enhanced reporting features and determine the optimal amount of stock to hold for every SKU.
Save hours every single week
Automate your workflows and drastically slash admin time. Take the risk and stress out of managing your inventory.
Keep your customers happy
Prevent unpleasant customer experiences with always-accurate stock levels across the business.
See Lightspeed Retail inventory software in action
The Unleashed and Lightspeed POS inventory integration gives you accurate margins for all your sales channels. Improve your workflow efficiencies and spend less time dealing with repetitive admin tasks. See how Unleashed works in this inventory software demo.
A complete Lightspeed POS inventory system
Dive into the details below to learn how the Unleashed Lightspeed inventory integration can benefit your business.
About Lightspeed
Lightspeed Retail is an omnichannel POS software that helps retailers optimise their sales process and give customers an enjoyable payment experience every time they shop.
Lightspeed Retail users can enjoy:
- An easy-to-use point-of-sale system that works online or offline
- Simplified refunds, returns, and store credit management on every sale
- Maximum accessibility with multiple user accounts, customer receipts, and fast staff training
What Unleashed users are saying
Make every day easier with Unleashed
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Should you use Unleashed or Lightspeed Retail for inventory?
Lightspeed Retail is an excellent Point Of Sale (POS) tool that includes inventory management functionality. It’s a good choice for companies with relatively straightforward inventory management needs like setting reorder points, purchase order management, SKU management across multiple locations and even serial number tracking.
However, as the software was designed primarily as a POS solution it lacks more sophisticated inventory features. Here are some scenarios where you’d likely be better off using a dedicated inventory system like Unleashed and integrating it to Lightspeed retail for POS functionality:
You manufacture your own goods, or get them made. Lightspeeds lacks proper Bills of Materials functionality, which is a strength of Unleashed. If you need to purchase raw materials for manufactured items in accurate quantities, plan production runs and manage multiple BOM recipes, then you’ll need Unleashed.
You run a multi-channel model. While Lightspeed Retail has excellent multichannel functionality for retail it lacks the breadth of Unleashed’s offering which is designed for a mix of B2B and B2C sales channels, both online and in-person.
You need cost-profit management. Dedicated inventory systems give you full visibility and functionality around managing product costs vs profits, including for manufactured goods. Unleashed calculates the total cost of products, including shipping, handling, and other expenses, allowing for precise profit margin assessments per product, channel, location and more.
You struggle with excess stock. Unleashed’s stock optimisation tools go beyond simple reorder points and allow users to instantly set optimal levels of stock based on rate of sale (or use in production), plus delivery lead times, for every different SKU.
You need to measure and report your inventory metrics. With a built-in Business Intelligence module, inventory managers using Unleashed can report on metrics like inventory turnover, supplier performance, wastage, COGS, margins and more.
You need to match inventory needs to sales forecasts. Unleashed comes with sophisticated demand forecasting tools that let you match buying and production to variable demand trends & forecasts.
Your business relies on batch tracking. If you’re managing perishable goods or need product recall functionality, batch tracking will likely be a must-have for your business. If that’s the case it’s advisable to opt for Unleashed, which has a sophisticated batch number / lot number tracking system.
Lightspeed Inventory Integration via Extensiv
The Lightspeed Retail inventory management integration with Unleashed is made possible thanks to Extensiv. Extensiv provides over 80 integrations that ensure real-time inventory synchronisation, advanced mapping, and customisable workflows that grow your business.
Talk to an Unleashed expert about connecting Unleashed and Lightspeed Retail with Extensiv.
Lightspeed inventory management FAQs
What is a POS inventory system?
POS inventory systems can be defined as an integrated software stack that allows businesses to synchronise sales with accurate stock data and easily track inventory across multiple locations.
What are the 4 main steps in inventory management?
1. Audit your stock levels.
2. Implement an efficient inventory management system.
3. Monitor stock levels and analyse sales data.
4. Optimise inventory management based on historical data.
What are the 4 types of POS?
The four main types of POS are legacy, mobile, tablet-based, and cloud-based. Legacy POS systems are widely considered outdated, while the other POS system types typically offer greater efficiency at a lower cost.