Best IT Inventory Management Software and Tools in 2021

The Best Inventory Management Software for 2021

• Best Overall: Orderhive.
• Best for B2B Companies: inFlow.
• Best for Retail Stores: Lightspeed Retail.
• Best for Restaurants: Upserve.
• Best for Manufacturing: Megaventory.
• Best Free Option: Zoho Inventory.

1. Which software is best for inventory management?
2. What is the best free inventory management software?
3. Is QuickBooks good for inventory management?
4. What's the best inventory software for small business?
5. What are the 4 types of inventory?
6. Can I use Excel for inventory management?
7. Is Odoo really free?
8. What is the best way to keep up with inventory?
9. How can I keep track of my inventory for free?

Which software is best for inventory management?

Best inventory management software for small business

• Ordoro. : Best for ecommerce.
• inFlow Inventory. : Best budget pick.
• Upserve. : Best for restaurants.
• Cin7. : Best enterprise resource planning (ERP) solution.
• Zoho Inventory. : Best for small businesses.
• Fishbowl Manufacturing. : Best for manufacturing.
• Fishbowl Warehouse.

What is the best free inventory management software?

Best free inventory management software

• inFlow On-Premise. : Best overall.
• Zoho Inventory. : Best for very small businesses.
• PartKeepr. : Best for manufacturers.
• Odoo. : Best for growing businesses.
• RightControl. : Best for ecommerce businesses.
• ABC Inventory. : Best for distribution companies.
• Microsoft Excel.

Is QuickBooks good for inventory management?

QuickBooks isn't designed for inventory management.

With this emphasis on meeting your accounting needs, QuickBooks provides limited offerings for inventory management. As a result, the software may fail to meet your inventory management expectations, but it's not designed to.

What's the best inventory software for small business?

Top 10 Inventory Control Software for Small Businesses

• Webgility.
• Zoho Inventory.
• Cin7.
• ShipMonk.
• Veeqo.
• inFlow Inventory.
• QuickBooks Commerce.
• Kintone.

What are the 4 types of inventory?

There are four main types of inventory: raw materials/components, WIP, finished goods and MRO.

Can I use Excel for inventory management?

With integrated tools, features, and formulas to make spreadsheets more dynamic and interactive, Excel is also capable of handling basic inventory management for small businesses. While not ideal for a medium or large sized inventory, Excel is cost-effective or, if you use it in OneDrive, even free.

Is Odoo really free?

Bottom Line: Odoo is an open-source ERP offering both free and paid versions. Its features and functionality can help companies streamline processes, cut costs and grow business.

What is the best way to keep up with inventory?

Here are some of the techniques that many small businesses use to manage inventory:

1. Fine-tune your forecasting. ...
2. Use the FIFO approach (first in, first out). ...
3. Identify low-turn stock. ...
4. Audit your stock. ...
5. Use cloud-based inventory management software. ...
6. Track your stock levels at all times. ...
7. Reduce equipment repair times.

How can I keep track of my inventory for free?

How can I keep track of my inventory for free? If you're looking for a mobile app that can help you track your inventory for free on your iOS or Android device, Sortly, Inventory Now, On Shelf, and Stock Control all offer a $0 per month starting price.