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Inventory mismanagement is rampant across the industry despite the best efforts of operations managers, employees, and companies. Mismanagement results in canceled orders due to inventory shortages, which in turn, lead to revenue losses.
Deciding to use inventory management software is the right step, but how do you justify the ROI when you're already suffering losses? The solution is free inventory management software.
But why free software?
First, it doesn't cost you anything. This provides the ROI justification to implement it. Second, it helps you improve the customer experience you have to offer. The free software automatically tracks your inventory and alerts you in case of shortage. With this automation, you can significantly reduce the chances of order cancellation.
A free inventory management solution will trigger business growth in two ways: you save on software costs and reduce revenue losses due to canceled orders.
To help you find the right free software for your business, we've analyzed the reviews and functionalities of about 90 free and open source inventory management solutions listed on Capterra. Of these solutions, we then shortlisted the best five tools.
What does 'best' mean? Each of the five tools included in this piece has a minimum user rating of 4.0 over the past year. You can find our full methodology here. We've sorted this list in alphabetical order.
5 best free and open-source inventory management solutions
1. inFlow Inventory
inFlow Inventory suits businesses of all sizes. Its free version is deployed on-premise and lets you manage up to 100 products and customers. This version includes barcoding, cost management, sales orders, purchase orders, and count sheet functionalities.
inFlow's unique selling point (USP) is its payments tracking functionality, which provides real-time details of all the completed and pending payment transactions.
Users can upgrade to two paid plans—Regular and Premium. In addition to the features in the free version, these plans include separate user logins, bills of materials (BOM), work orders, and product serial numbers management.
| Pros | Cons |
|---|---|
| Capterra reviewers found the product's inventory forecasts helpful in curbing the instances of over-orders and inventory shortages. They also said that eCommerce integrations, such as Magento and Shopify, helped them manage their online inventory. | Users note that the lack of accounting integration is a disadvantage. They have to export transaction data from inFlow and manually add it to their accounting tool. Some reviewers also feel that the product's invoice templates are outdated. They noted that the templates need an upgrade with new layouts and formats. |
Cost to upgrade: $399 per user for the Regular plan.
Highly rated by: In 2018-2019, 82% of inFlow's reviewers worked in small businesses (with less than 200 employees). These businesses operate in industries such as retail, electrical and electronics manufacturing, and construction. Yanmar gm series manual diagram.
Mobile apps: Android, iOS
Inventory tracking in inFlow
2. Odoo
Odoo is an open source enterprise resource planning (ERP) solution for businesses of all sizes.
But, what is an ERP solution doing in this list?
Despite Odoo being an ERP tool, users can download and access its inventory module, using it as a standalone inventory management solution. Odoo's USP is that it is a full suite ERP, making the product suitable for your CRM, project management, and business management needs.
Odoo is available for free if you implement only the inventory management module. Users need to pay for other apps such as CRM and project management.
| Pros | Cons |
|---|---|
| Capterra reviewers found Odoo's accounting integration helpful as it eliminates the time needed to manually move the transaction data to the accounting system. They also said that Odoo's community forum helped them get answers to the questions they posted on the forum. | Some users said that the installation and customization require basic knowledge of the Python programming language. Some also reported that the lack of proper product documentation was a hurdle during product setup and training. |
Cost to upgrade: The inventory module is completely free.
Highly rated by: In 2018-2019, about 82% of Odoo's reviewers were from small businesses. They were from industries such as software technology, IT services, and retail.
Mobile apps: Android, iOS
Warehouse dashboard in Odoo (Source)
3. Sortly Pro
Sortly Pro is a cloud-based inventory management solution for businesses of all sizes. Its free plan supports one user and lets you manage up to 100 transaction entries per month.
Sortly Pro's USP is its product tagging and cataloging functionality that lets users create product catalogs with up to eight photos for each item.
If you want to manage more than 100 entries per month, upgrade to the Advanced or Ultra plans. In addition to the features offered in the free version, these plans offer QR code tagging and scanning, user activity tracking, document management, and customized branding.
| Pros | Cons |
|---|---|
| Capterra reviewers find Sortly Pro's mobile app helpful in remotely tracking as well as managing inventory and re-orders. They also said that the product's barcode and serial number functionalities helped them track inventory movement more efficiently because they were able to implement barcodes easily. | Some users noted that once you upgrade the product, the total cost increases sharply when you add more users. They said that the product's inventory history functionality provides a list of records that is complex and difficult to understand. They feel that this functionality could be made easier to understand. |
Cost to upgrade: The Advanced plan starts at about $40 per month for up to three users.
Highly rated by: In 2018-2019, about 80% of Sortly Pro's reviewers were from small businesses. Most of these reviewers came from the design, construction, and retail sectors.
Mobile apps: Android, iOS
Managing product catalogs in Sortly Pro
4. ZhenHub
ZhenHub is a cloud-based logistics and inventory management solution for small and midsize businesses (SMBs). Its free version offers inventory tracking, shipment tracking, and warehouse management.
ZhenHub's USP is its shipping management functionality that integrates with multiple shipping solutions such as DHL and FedEx. It lets you schedule, manage, and track orders from these providers.
The free version lets you manage one warehouse and supports up to 50 online orders per month. If you want to manage more orders per month or add more warehouses, you can upgrade to the Starter, Standard, or Professional Atala hacker manual pdf. plans.
| Pros | Cons |
|---|---|
| Capterra reviewers found the Shopify integration helpful as they were able to manage their inventory and shipping for website orders with ease. They also found the product's features easily customizable as per their business needs. | Some users said that they experienced a lag when using the shipping tracking functionality. They said that it can sometimes take time for the shipping status to sync up with the shipper's account. Some also mentioned that as ZhenHub charges both sender and receiver fees for international transfers, it can make billing costly. |
Cost to upgrade: $29 per month for the Starter plan.
Highly rated by: In 2018-2019, all of ZhenHub's reviewers came from small businesses in the apparel and fashion as well as consumer electronics sectors.
Inventory Management Software Shopify
Mobile apps: Not available.
Order tracking in ZhenHub (Source)
5. Zoho Inventory
Zoho Inventory is a cloud-based inventory and warehouse management solution for SMBs. Its free version lets you manage 20 online orders, 20 offline orders, 12 shipments, and 1 warehouse per month. This version also lets you select and manage shipping providers for your orders.
Workflow management functionality is the free version's USP. It triggers an alert as soon as the stock dips below the critical level and lets you re-order the stock.
Besides the Free plan, users can upgrade to three paid plans—Basic, Standard, and Professional. These plans offer serial number tracking, batch tracking, a higher number of orders per month, composite items management, and all the free features.
| Pros | Cons |
|---|---|
| Capterra reviewers find the product's sales order (SO), purchase order (PO), and expense tracking functionalities helpful in automating inventory procurement. They also noted that Zoho's shipping management tracking functionality helped them schedule and track the location of inventory items more efficiently. | A few reviewers from manufacturing companies found the lack of a bill of material (BOM) functionality to be a disadvantage. They were forced to use a time-consuming workaround in place of this feature. Some users also reported issues in syncing data when managing eCommerce orders. |
Cost to upgrade: $49 per month for the Basic plan.
Highly rated by: In 2018-2019, 98% of Zoho Inventory's reviewers were from small businesses. Most of these reviewers belonged to the retail, electrical and electronics manufacturing, consumer goods, and IT services industries.
Mobile apps: Android, iOS
Shipping management in Zoho Inventory
The final decision: Which free inventory management solution to invest in?
After reviewing this list, the next step is to find out which one of these products will best fit your business needs. Here are the steps to help you do just that:
- Shortlist solutions based on the number of monthly orders allowed in the free plan.
- Review this features list and select the features you'll need in your business. Shortlist those products that offer all the essential features you need.
- Decide an annual budget for the inventory management software. Select products that fit within your budget, so that you can afford all the upgrades.
If you've used, or are currently using, a free inventory management system that works well for you, please let us know in the comments section below.
For more information on inventory management software, you can also read the following reports: |
Methodology
This article was updated Aug. 12, 2019. Products considered for this article fulfill the following criteria:
1. It must be free
For the purposes of this article, we classified a product as free if:
- It offers a free, standalone version of the software.
- It is not a trial version of the software where you must purchase a product version after a limited amount of time.
2. Meet fit inventory management software defiition
The products that met the above criteria were then evaluated against our inventory management software definition: Inventory management software helps businesses track and manage product location, item details, and stock level as well as report on trends to inform forecasting decisions, so that it reduces the costs of holding overstock and missed revenue from running out of stock.
This check verified the basic inventory management software capabilities and appropriateness for the category. A product was classified as inventory management software if it contained all the core features—inventory information management, product identification, and inventory optimization.
3. Have minimum number of reviews
Software that met the market definition also needed a minimum of 10 reviews published on the inventory management software page between June 12, 2018 and June 11, 2019. During this period, the product's overall rating aggregated over the past year should be higher than 4.0.
Disclaimers
The content in this piece provides opinions and points of view expressed by users and does not represent the views of Capterra.
Looking for Inventory Management software? Check out Capterra's list of the best Inventory Management software solutions.
An Advanced Inventory Management System for an Affordable Price
A good inventory system should be simple enough for small businesses to understand and use in their daily operations and yet advanced enough to cover all of their business needs. It should allow them to save time and money and prevent that dreaded inventory headache that comes to business owners as they try to keep track of their many assets. And, most importantly, it should do all of this without breaking the bank.
INVENTORY CHALLENGES
return to topTracking inventory is an important part of doing business. It is the means by which companies remain stocked with all of the essential goods they need to sell to customers and perform daily operations. When products are sold, they must be replenished at a rate that finds a healthy balance between the extremes of overstocks and stockouts. If you have too much of an item, your carrying costs go up and you have less room for faster-selling items. If you have too little of an item, you'll miss out on sales opportunities, your customers will be disappointed, and they will likely go to a competitor to meet their needs.
Supply and demand aren't constant. They often change with the season and over the course of a product's lifecycle. So successfully managing inventory means hitting a moving target. Not only that, but your warehouse staff isn't static. Employee turnover means you have to constantly train new people on how your inventory system is set up and what processes you have in place to keep everything running smoothly. If you don't have written or video documentation, this can be quite a daunting task. And what happens if your warehouse manager or whoever else is in charge of the system ever leaves the company? Do you have more than one employee who is an expert on your system?
There's also the problem of keeping track of inventory with different units of measure and suppliers in various countries with their own distinct tax rates and laws. And let's not forget the challenge of keeping up with government laws, regulations, and audits. Many companies must comply with rules set forth by the Food and Drug Administration (FDA), Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF), and other government agencies and bodies. To fail to do so will likely result in business closure and possibly even prosecution. When there is a product recall, you will need to be able to find all of the items in your inventory that are subject to that recall and show documentation of their progression through your supply chain, warehouse, and all the way to the end user.
Manufacturing Inventory Management Software
While it may be possible to overcome these and other problems by yourself, it's much less stressful and faster to use an inventory management system and software to take on most of the legwork for you.
DIFFERENT TYPES OF INVENTORY MANAGEMENT
return to top
Cost to upgrade: The Advanced plan starts at about $40 per month for up to three users.
Highly rated by: In 2018-2019, about 80% of Sortly Pro's reviewers were from small businesses. Most of these reviewers came from the design, construction, and retail sectors.
Mobile apps: Android, iOS
Managing product catalogs in Sortly Pro
4. ZhenHub
ZhenHub is a cloud-based logistics and inventory management solution for small and midsize businesses (SMBs). Its free version offers inventory tracking, shipment tracking, and warehouse management.
ZhenHub's USP is its shipping management functionality that integrates with multiple shipping solutions such as DHL and FedEx. It lets you schedule, manage, and track orders from these providers.
The free version lets you manage one warehouse and supports up to 50 online orders per month. If you want to manage more orders per month or add more warehouses, you can upgrade to the Starter, Standard, or Professional Atala hacker manual pdf. plans.
| Pros | Cons |
|---|---|
| Capterra reviewers found the Shopify integration helpful as they were able to manage their inventory and shipping for website orders with ease. They also found the product's features easily customizable as per their business needs. | Some users said that they experienced a lag when using the shipping tracking functionality. They said that it can sometimes take time for the shipping status to sync up with the shipper's account. Some also mentioned that as ZhenHub charges both sender and receiver fees for international transfers, it can make billing costly. |
Cost to upgrade: $29 per month for the Starter plan.
Highly rated by: In 2018-2019, all of ZhenHub's reviewers came from small businesses in the apparel and fashion as well as consumer electronics sectors.
Inventory Management Software Shopify
Mobile apps: Not available.
Order tracking in ZhenHub (Source)
5. Zoho Inventory
Zoho Inventory is a cloud-based inventory and warehouse management solution for SMBs. Its free version lets you manage 20 online orders, 20 offline orders, 12 shipments, and 1 warehouse per month. This version also lets you select and manage shipping providers for your orders.
Workflow management functionality is the free version's USP. It triggers an alert as soon as the stock dips below the critical level and lets you re-order the stock.
Besides the Free plan, users can upgrade to three paid plans—Basic, Standard, and Professional. These plans offer serial number tracking, batch tracking, a higher number of orders per month, composite items management, and all the free features.
| Pros | Cons |
|---|---|
| Capterra reviewers find the product's sales order (SO), purchase order (PO), and expense tracking functionalities helpful in automating inventory procurement. They also noted that Zoho's shipping management tracking functionality helped them schedule and track the location of inventory items more efficiently. | A few reviewers from manufacturing companies found the lack of a bill of material (BOM) functionality to be a disadvantage. They were forced to use a time-consuming workaround in place of this feature. Some users also reported issues in syncing data when managing eCommerce orders. |
Cost to upgrade: $49 per month for the Basic plan.
Highly rated by: In 2018-2019, 98% of Zoho Inventory's reviewers were from small businesses. Most of these reviewers belonged to the retail, electrical and electronics manufacturing, consumer goods, and IT services industries.
Mobile apps: Android, iOS
Shipping management in Zoho Inventory
The final decision: Which free inventory management solution to invest in?
After reviewing this list, the next step is to find out which one of these products will best fit your business needs. Here are the steps to help you do just that:
- Shortlist solutions based on the number of monthly orders allowed in the free plan.
- Review this features list and select the features you'll need in your business. Shortlist those products that offer all the essential features you need.
- Decide an annual budget for the inventory management software. Select products that fit within your budget, so that you can afford all the upgrades.
If you've used, or are currently using, a free inventory management system that works well for you, please let us know in the comments section below.
For more information on inventory management software, you can also read the following reports: |
Methodology
This article was updated Aug. 12, 2019. Products considered for this article fulfill the following criteria:
1. It must be free
For the purposes of this article, we classified a product as free if:
- It offers a free, standalone version of the software.
- It is not a trial version of the software where you must purchase a product version after a limited amount of time.
2. Meet fit inventory management software defiition
The products that met the above criteria were then evaluated against our inventory management software definition: Inventory management software helps businesses track and manage product location, item details, and stock level as well as report on trends to inform forecasting decisions, so that it reduces the costs of holding overstock and missed revenue from running out of stock.
This check verified the basic inventory management software capabilities and appropriateness for the category. A product was classified as inventory management software if it contained all the core features—inventory information management, product identification, and inventory optimization.
3. Have minimum number of reviews
Software that met the market definition also needed a minimum of 10 reviews published on the inventory management software page between June 12, 2018 and June 11, 2019. During this period, the product's overall rating aggregated over the past year should be higher than 4.0.
Disclaimers
The content in this piece provides opinions and points of view expressed by users and does not represent the views of Capterra.
Looking for Inventory Management software? Check out Capterra's list of the best Inventory Management software solutions.
An Advanced Inventory Management System for an Affordable Price
A good inventory system should be simple enough for small businesses to understand and use in their daily operations and yet advanced enough to cover all of their business needs. It should allow them to save time and money and prevent that dreaded inventory headache that comes to business owners as they try to keep track of their many assets. And, most importantly, it should do all of this without breaking the bank.
INVENTORY CHALLENGES
return to topTracking inventory is an important part of doing business. It is the means by which companies remain stocked with all of the essential goods they need to sell to customers and perform daily operations. When products are sold, they must be replenished at a rate that finds a healthy balance between the extremes of overstocks and stockouts. If you have too much of an item, your carrying costs go up and you have less room for faster-selling items. If you have too little of an item, you'll miss out on sales opportunities, your customers will be disappointed, and they will likely go to a competitor to meet their needs.
Supply and demand aren't constant. They often change with the season and over the course of a product's lifecycle. So successfully managing inventory means hitting a moving target. Not only that, but your warehouse staff isn't static. Employee turnover means you have to constantly train new people on how your inventory system is set up and what processes you have in place to keep everything running smoothly. If you don't have written or video documentation, this can be quite a daunting task. And what happens if your warehouse manager or whoever else is in charge of the system ever leaves the company? Do you have more than one employee who is an expert on your system?
There's also the problem of keeping track of inventory with different units of measure and suppliers in various countries with their own distinct tax rates and laws. And let's not forget the challenge of keeping up with government laws, regulations, and audits. Many companies must comply with rules set forth by the Food and Drug Administration (FDA), Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF), and other government agencies and bodies. To fail to do so will likely result in business closure and possibly even prosecution. When there is a product recall, you will need to be able to find all of the items in your inventory that are subject to that recall and show documentation of their progression through your supply chain, warehouse, and all the way to the end user.
Manufacturing Inventory Management Software
While it may be possible to overcome these and other problems by yourself, it's much less stressful and faster to use an inventory management system and software to take on most of the legwork for you.
DIFFERENT TYPES OF INVENTORY MANAGEMENT
return to topTo solve these challenges, companies often turn to software that can help them track their inventory, orders, shipments, vendors, and more. Here are three systems that companies often use.
Manual – Using a manual system is often the first step for startups as they begin working with inventory and assets. A manual system can be as informal as simply having an employee remember inventory quantities, locations, vendors, and orders. Or it can be a little more formal in the sense that those things are written down on pieces of paper and kept in a notebook. The drawbacks of this type of system should be obvious. It's easy for someone to forget key information if it's not written down, and even if it is, there is nothing to stop someone who's unauthorized from looking at those notes, making changes, or stealing them. And if there's a fire or something gets misplaced or damaged, there are likely no duplicates, so that information is simply lost.
Excel Spreadsheets – Startups frequently record the inventory quantities they have on hand in an Excel spreadsheet because it's readily accessible on any computer with Windows, so they don't have to put a lot of money into obtaining it. It can make sense for a time, but this is only a temporary system for very small businesses. The trouble is that if the employee who created the spreadsheet and has a deep understanding of how it works ever leaves the company or even just takes a vacation, things will likely come to a standstill and get disorganized extremely fast. It is not a safe, secure way to manage inventory. Also, as small businesses grow bigger, they find that Excel lacks any advanced features they need to analyze data, spot trends in sales and supply chains, automatically update inventory records from a barcode scanner, and keep their data secure yet accessible by the right people.
Accounting Software – When small businesses try to use accounting software as an inventory system, they discover that it has a number of constraints and that it can't meet all of their needs. It's a great accounting solution, but it lacks many key inventory control features that companies need. That's because it was made for bookkeeping, not inventory tracking. You wouldn't buy a lawnmower and then complain that it does a terrible job when you use it as a blender. They both have spinning blades, but they're made for two different jobs.
INVENTORY MANAGEMENT SOFTWARE
return to topA better solution for tracking inventory is to find software that is affordable and robust enough for small and midsize businesses to stay with for many years. Make sure it can handle what you need it to do before making a final decision. You don't want to have to switch systems every few years when you discover that the one you went with can't handle more complex requirements, such as multiple locations, barcode scanning, and stages of production. That's a waste of time and money.
Your software should have features that are simple enough for a young business to master and that can also be expanded to fit that same business's increasingly complex needs year after year. Fishbowl is a powerful tool that fits the bill.
Fishbowl Manufacturing and Fishbowl Warehouse help you oversee multiple locations, track shipments, automatically reorder products, print and scan barcodes, convert units of measurement, use multi-currency features, create multi-level work orders, and much more. Fishbowl integrates with dozens of other business solutions, including Amazon, eBay, Shopify, Magento, QuickBooks, Salesforce, and Xero, just to name a few. So you can share your inventory data across all of your other online and desktop platforms to ensure each one has accurate, up-to-date inventory quantities and values.
WHAT TO LOOK FOR IN AN INVENTORY MANAGEMENT SYSTEM
return to topCompanies look for systems to solve logistical problems they are facing as they grow. There are certain features that will help them in this endeavor. We'll start with basic features and move on to more complex ones in a minute. There are three basic elements every good inventory management software should contain:
Tracking items so that you know exactly what quantities you have on hand of every part and product in your inventory. This is quite possibly the most basic part of inventory management. You need to know how many items you have on hand to make informed decisions about ordering and shipping them.
Multiple locations, which allow you to designate where all of your items are located at different warehouses. You can even drill down into each warehouse and set up individual shelves, aisles, and bins to hold your items. That makes the receiving, storage, and picking processes much faster and more organized when you know where everything goes.
Units of measure like eaches, gallons, pounds, inches, cases, packages, etc. that allow you to accurately identify the quantities that are available to you. The software should also allow for unit of measure conversions, so that if you purchase a case of widgets and sell them individually, you can account for that change in how you count them in your records.
Once you have the what, where, and how much down, you can move on to more advanced features to help you manage your inventory.
Tracking lot numbers – Lot numbers let you identify a specific group of items that came from one particular order or manufacturing job. This helps you hunt down any items that might be part of a product recall or that contain a defect instead of having to throw out all of the items in your inventory because they might be affected.
Tracking serial numbers – Serial numbers help to uniquely identify an individual item and distinguish it from every other item in your inventory. For example, if you have 100 computers that are all the same model, each one of those will have a unique serial number so you can track which unit you ship to which person. There are many benefits to using serial numbers, one being it gives you the ability to track warranties and returns, and another is that you can better handle recalls.
Tracking expiration dates – Companies that work with perishable goods, such as bakeries, grocery stores, hospitals, and many kinds of retailers, need to know when their goods need to be used or sold by. Tracking each item's expiration date allows them to make the best use of their resources and avoid spoilage and other waste.
Tracking costs – If you manufacture goods, it's absolutely essential that you know how much your finished products cost to make. A bill of materials should add up the costs of all of the parts that go into a manufacturing job and also add labor costs and ancillary costs, such as electricity and storage space/lease expenses. This will help you price products at a level that covers all of their costs.
Receiving and landed costs – When you order items from international vendors, you will need to pay landed costs to receive them into your warehouse. These can include shipping costs, crafting, packing, and handling costs, brokerage and logistical fees, taxes, insurance, and employee wages. In addition, you may need to factor in tariffs, customs duties, harbor fees, and currency conversions. If your software has built-in features to account for all of these costs, you will save yourself a lot of time and worry.
Identifying shipments sent to customers – This might seem like a basic function, but you'd be surprised at how many companies struggle to figure out where and when they sent shipments out. Sales orders should have a fulfillment date, shipment date, shipping address, recipient, and other vital information. That way, you will know which customer each shipment was sent to on which date.
Scanning barcodes – To speed up the process of reordering items, receiving them, picking them, and performing other important functions in the warehouse, you should try using barcode scanners. Instead of hand-typing information, you can scan items' barcodes to ensure they are recorded quickly and accurately. A barcode system empowers your workers to accomplish a lot more in less time.
Accounting software integration – A major benefit of integrating your inventory system with your accounting software saves a lot of time and headaches. It eliminates the need for double data entry. Shortly after changes are made to the inventory software, it sends those changes to the accounting software to create invoices and update the general ledger.
Ecommerce integration – A growing number of transactions are done online via ecommerce platforms. Make sure your inventory program integrates with all of the ecommerce platforms you have an account with. That way, when you sell an item on one of them, it will automatically update the others to reflect the new number of items available to purchase.
Picking, packing, shipping, and receiving – The order fulfillment process is at the heart of inventory management. Your software system should enable workers to pick in batches to save time, pack items in the appropriate containers, print shipping labels and inform shippers that packages are waiting to be picked up, and check that everything that was ordered is received when a shipment arrives.
Production stages and notes – Manufacturers need to be able to add notes to work orders and bills of materials. They can use those to insert step-by-step instructions, schematics, and other details that help workers know exactly what is required of them on each manufacturing job. This helps to manage the flow of your manufacturing process. You'll be able to set up production stages and sub-assemblies, which allow you to know which step of manufacturing your items are in.
THE IDEAL SYSTEM AND SOFTWARE
return to topFishbowl is an ideal inventory system for more than 40 industries. It has been successfully implemented by a variety of business types, including:
Manufacturers who work with anywhere from hundreds to thousands of parts, components, and other materials.
Wholesale distributors with multiple warehouses and suppliers both inside and outside their home country.
Professional services, such as plumbers, electricians, and HVAC technicians, who must maintain adequate numbers of cleaning supplies, replacement parts, and other items to serve their customers.
Food producers and beverage makers using ingredients that must be consumed before reaching their expiration dates.
Government agencies looking to track their assets across wide expanses and to serve a large number of people.
Ecommerce retailers that want to speed up the order fulfillment process, drop ship items, and maintain a just-in-time inventory model.
Chemical companies that need to use lot numbers, expiration dates, and unit-of-measure conversions in order to comply with strict government regulations.
Agriculture businesses that grow all sorts of things from cabbages to cannabis. Bills of materials, custom tracking, and expiration dates are a few of the features that help them the most.
And many others, ranging from SMBs to large organizations.
With Fishbowl, you can speed up your inventory processes by using barcode scanners, save money by balancing your inventory needs, and get more out of your workers by giving them the tools to be more productive. Eliminate double data entry by integrating Fishbowl's inventory software with your accounting software and other business solutions.
Convert multiple currencies into your home currency in purchase orders and sales orders to help with taxes and other calculations. And use production stages in multi-level work orders and bills of materials to make sure manufacturing jobs get done in the right order and fast enough to keep up with demand. That's a tall order, but Fishbowl is up to the task.
Fishbowl is the complete automated system. Start improving your company's inventory management today by getting a 14-day free trial of Fishbowl!
EXECUTIVE SUMMARY
return to topThere are many inventory challenges, such as shortages, calculating the true costs of products, and supply chain disruptions, which can be solved by using an inventory software system. When looking for an inventory software system, make sure it has the ability to track items by lot number, serial number, and expiration date, add multiple locations, create and convert units of measure, track costs, receive items, identify shipments sent to customers, scan barcodes, integrate with accounting solutions and ecommerce platforms, add notes to work orders and bills of materials, use production stages, and facilitate the picking, packing, shipping, and receiving of items. Fishbowl is an ideal solution because it offers all of the above features, plus many others. In the end, inventory management software should save time and money, and it should be easy to use and advanced enough to fulfill all of your company's needs. A good system solves problems and makes your inventory life easier.
Learn More:
Published January 17, 2020
