Free inventory management software allows businesses to track their stock, sales, and supply lines without charging for a full-fledged software solution. This is really helpful for small online stores that are just starting out or for companies that want to spend less money at first.
There are many free inventory management software, but there might be limitations on how much you can utilize it. Besides, other Software gives you a basic version for free. They will charge you for extra features or more time to use it. However, the free version is more than enough for many small businesses.
Reasons to Have a Proper Inventory Management Software
Studies on the global Inventory Management Software Market show that by 2023, it will be worth USD 2.58 billion. The market will continue to grow and reach USD 7.69 billion by 2032. From 2024 to 2032, the market is expected to grow by 12.9% annually.
One of the most challenging things in a manufacturing business is keeping track of supplies well. Besides this, once the number of sales you get grows and you enter more markets, keeping track of your stock levels by hand quickly becomes impossible.
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Keeping Track Of Inventory Is Now Easy
Distributors and manufacturers who want to use a combined warehouse will find that inventory management software saves them time and money. Besides, it makes their work easier. Since supply and demand and stock amounts are always changing, inventory software for retailers helps businesses avoid mistakes by handling their most important tasks.
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Making Sure That Orders Are Filled
Many businesses could lose customers and damage their reputations because they lack the right tools. Besides, the inventory management program ensures that your order is in sync with your stock so that you can meet requests. Automated buying can also ensure that materials that require a long wait time are always available.
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Stock Control Saves a Lot of Money
Better stock management can help you eliminate old and extra items that are taking up room and costing you money. Less waste stock each year can save you a lot of money over time. Automatic processes can help you make sure that your inventory levels are always just right.
List of Free Inventory Management Software
Businesses need sales and inventory software that works well with their other systems. It can help them anticipate what they’ll need in the future, save money, keep things in order, and help them grow.
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CaptainBiz
The real-time inventory check tool in CaptainBiz changes how businesses track their stock. You can be sure that your product levels are always correct. They can be updated automatically every time you buy or sell something. For accurate inventory software management, it’s easy to keep track of everything that comes into and goes out of your business.
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Fishbowl Inventory
Fishbowl Inventory is the best inventory software for small and medium-sized businesses. It helps keep up-to-date inventory records, maintain stored goods, and make things. It also has useful features like managing inventory, planning materials needs (MRP), controlling the job shop floor, barcoding, and a lot more. Moreover, it’s flexible enough to fit the needs of any business.
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Odoo
Odoo, an open-source inventory system, is the best free inventory management software because its free plan offers so much, like tracking expiry dates and automatically creating purchase orders. Plus, you can use it as much as you want, which is excellent for small companies with lots of stock.
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Square
Although Square is best known for its point-of-sale (POS) solutions for stores and restaurants, all of its POS accounts come with great tools for managing inventory. Besides, Square for Retail account comes with online connections, mobile features, point-of-sale (POS) systems, order handling, different types of products, and more.
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BarTender
BarTender offers easy-to-use tools for creating labels, demanding printing choices, and smooth interaction with your company’s data and systems. Besides, inventory management for small retailers promises accuracy and compliance in the label design process, whether you’re making a unique label or using a template that’s already been made.
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Zoho
Zoho Inventory’s free plan lets you add endless goods and works with many other apps. It also has many valuable features, such as low stock alerts and the ability to kit and bundle items. You can also use its shipping tools to print packing slips and cheaper shipping labels from significant shipping companies right from your homepage.
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Sortly
Sortly is an inventory management system tool that runs in the cloud. It lets you track activities, multiple locations, and items with barcodes and create audit trails. Notably, it comes with a barcode and a mobile app for the QR reader.
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Cin7 Core
Cin7 Core makes it easier for businesses to handle assets, connect sales, and automate tasks. Besides, Software for inventory management offers cost-effective ways to make complicated processes easier by centralizing operations and integrating them without any problems. The free sample has a lot of features.
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EZOfficeInventory
With EZOfficeInventory, you can make buying things easier, planning services, and keeping track of your relationships with vendors. Besides, track loss easily and create customized reports to help you make intelligent decisions. Users of both Android and iOS can now use its mobile app interface.
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Backbar
Backbar’s free plan works well for small to medium-sized bars and restaurants with only one location. They need a simple, dedicated way to keep track of their supplies and menu items. The free plan includes basic tools for managing goods and the ability to buy things. It also has an already-built-in library of alcoholic drinks and goods, and it can be used in offline inventory mode.
Also, Read – Considerations for Picking the Suitable Payment Reminder Software for Businesses
Conclusion
Inventory management software is a must-have for companies that want to grow faster, provide better customer service, and increase sales by streamlining their inventory processes. Powerful free inventory management software gives businesses the clearest picture of their stock levels.
They can track items that sell quickly and get rid of items that aren’t selling. With the help of free inventory management tools, businesses can run their operations with confidence and meet customer needs well.
