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If you are a warehouse manager or operations manager, you need to understand how complex inventory management can be. While you must record the unit, quantity, and location of each item of inventory, you must also make sure that the inventory is sufficient to meet the needs of the customers.
Managing all of this manually is difficult and error prone. For example, if your inventory records do not reflect an accurate inventory, you run the risk of running out of stock. And during an audit, inaccurate inventory can lead to fines as well.
Top Free Inventory Management App For Your Retail Shop
While finding free inventory software is not as easy as sorting through the paid options, there are several vendors that offer a free version of their stock management system. With the right capabilities and the ability to update as needed, these options can certainly help streamline the inventory process. With that said, here are some of the best free inventory management software options for small businesses.
- Odoo
Odoo is made as an ERP software, however its complementary application structure allows it to be made as big or as small as required. In terms of inventory, this will help you increase warehouse efficiency by automating the warehouse processes, and decreasing inventory levels.
Salient Features of Odoo:
• To track all inventory from warehouse and sales to point of purchase.
• Create and share business reports in real time with anyone.
• Facilitates inventory management in both retail shop and manufacturing.
• Quickly search for documents with filters like products, customers, etc.
• The PickPackShip feature lets you to plan the ordering process smoothly.
- Zoho
Zoho, the company that makes accounting software Zoho Books, also offers inventory management software, including a free plan option. It is one of the best stock management app one can use. Zoho Inventory is an established tool for automating inventory management, order fulfilment, and sales processes with many built-in features.
Why Choose Zoho
• Inventory status is automatically updated across all sales channels.
• You can track transfers using a specific batch or serial number.
• The dashboard gives you the ability to quickly view the status of your pending, invoiced, delivered sales orders.
• You can export reports to XLS, CSV, or PDF files with one click.
Zoho Inventory Software Features (Free):
• 50 orders, shipping labels, and shipping tracking per month
• General Products
• e-commerce integrations
• Integration compatible with 1 Shopify store
• Supports up to two users
- inFlow
Inflow is another popular inventory management software to keep your business running smoothly. This saves you time on paperwork, helps you accurately respond to customer inquiries, and generates detailed inventory reports.
Light package features:
• 100 sales orders per month
• One vault and two integrations
• Two-hour customization support
• Optional smart scanner
Standard and Plus features:
• Access to 510 team members
• 46 hours customization support
• User Access
• Optional Smart Scanner
All of the above features are available as a 14-day free trial. You can purchase additional add-ons such as access to the Input API and Bill of Materials / Work Order for an additional fee.
Benefits:
• Have an inventory management system both in the cloud and locally also.
• All your plans include unlimited customers, stocks, orders and products.
• Easy navigation thanks to an intuitive interface.
The free versions of this inventory management software are best suited for the needs of small businesses; however, as your retail shop grows, you should consider using the paid versions in this case. Ultimately, the best free inventory management software for your small business will be the one that can meet your specific needs. With that said, as you can see from the six different options we researched, any free inventory software will be limited, whether in terms of products, location, people, and so on. While you may find that one of these options will work for you, we would argue that these systems are likely to only be suitable for very small businesses or those just starting out.
