10 Best Free Inventory Management Software you should know

Tracking orders and inventory levels are difficult to imagine without the proper software. Inventory software is a valuable source for accurate product documentation, keep a track of your inventory and goods, maintain the inventory of your products, make orders and invoices, keep a track of contacts, customers, and receipts, assist trade owners to manage smart purchasing. Here, we’ve enlisted 10 best free inventory management software you should know.

01. Ordoro

Best Inventory Management Software

Ordoro is an inventory and shipping management software. It acts as a command center for all things inventory and shipping, accelerating the workflow. It helps you to manage orders and product across your entire multichannel business. Ordoro connects your sales channels with itself and acts as a powerful inventory tool while also keeping your inventory aligned and organized. Its main features include:

Issue purchase orders to your suppliers through the app when it’s time to restock.
Auto-sync inventory quantities throughout every integrated channel.
Monitor inventory stored with a 3PL by integrating it with Ordoro.
Use our kitting feature to bundle multiple SKUs into a single unit for sale.

02. Inflow

Best Inventory Management Software

InFlow Inventory management software is a freeware. This freeware manages and tracks your inventory, purchase, and sales. With the help of this program, small trade owners control and organize their inventory in a better way. You can easily input details about the product, purchase and sales records, stock details and also generate various reports for business correspondence. nFlow is applicable in a variety of industries, including wholesale, retail, eCommerce, manufacturing, healthcare, governing and administration, and much more.

03. Fakturama

Best Inventory Management Software

Fakturama is an open-source software solution designed for enterprises for creating invoices, as well as delivery notes while managing and editing your online webshop. It keeps a track of your inventory and goods. You can use this freeware to maintain the inventory of your products. Fakturama comes with a built-in calculator for quick calculations

04. ABC Inventory

Best Inventory Management Software

ABC Inventory is a free inventory management system. The system allows all basic inventory control functionality required by small and medium businesses. ABC will track each stage of your inventory’s lifecycle, and let you create purchase orders for suppliers as soon as the product has been delivered to the customer. The program’s interface is sleek and attractive. There are tabs across the top for orders, inventory, assets, and reports.

It has a neat modular organization gives users the chance to tailor the commercial version to their needs, and make it more business-specific.

05. Delivrd

Best Inventory Management Software

Delivrd is a free inventory management program which keeps track of the products in your stock and covers end-to-end each stage of the fulfillment & delivery process. With its unique features, Delivrd will make accessible to you the best practices of logistics processes used by large distribution companies and will offer flexible solutions. Delivrd will eliminate the hassle related to sourcing products and services, selecting the right pieces, and then pack and deliver them to the location in question.

Delivrd makes extensive use of barcode labels, making the shipping process fast and practically error-free.

06. Lokad

Best Inventory Management Software

Lokad is a free inventory management program for more optimized and transparent, and to make stock decisions based on facts. The system assumes the role of an accurate demand forecaster and delivers top Excel reports needed to automate all types of reordering processes.

Lokad provides reordering time and quantity recommendations, by analyzing past sales data, and can simulate the effect of changes in pricing strategy. Lokad includes customizable dashboards showing KPIs.

07. RightControl lite

Best Inventory Management Software

RightControl Lite is an inventory freeware which helps to preserve full control over your stock and inventory. This software is ideal for centralized warehouse management is perfect for freelance and small-biz service providers. It includes the features of Inventory management, Stock level monitoring, Order management, Barcode scanning, Packing & shipping, Contact Management, Invoicing, Dispatching etc. RightControl’s user interface is plain and well-organized, with graphical buttons that represent each of its major functions.

08. Odoo Inventory

Best Inventory Management Software

Odoo Inventory is an inventory management tool which allows warehouse managers to smartly manage their warehouse and maximize their inventory efficiency. It integrates the basic warehouse operations such as delivery orders, inventory counts, incoming shipments, automatic packing, scrapping, and transferring. Odoo inventory management software organizes your warehouse with the smart double entry inventory system.

09. Ornavi

Best Inventory Management Software

Ornavi is designed for small and medium companies looking for an affordable and complete business process management system that will also able to inventory and purchase management. It includes following features;

Import entire Price Lists from you Suppliers straight into your Inventory.
Option to add any inventory part to the Stock Manager.
Rapid quote generation using a database of frequently used parts.
Multiple units of measurement.

10. Stockpile Inventory

Best Inventory Management Software

Stockpile is a free online inventory management software designed for startups and small businesses, Stockpile Inventory Management has one of the easiest-to-use interfaces. Using this inventory program, you can add inventory, record sales and manage returned and damaged goods, take returns, or report on all inventory-related activity. It also allows you to manage users via a tiered access model while you administer locations, physical areas, manufacturers, and preferences.

Muhsin Yakkiparamban

Muhsin Yakkiparamban is the co-founder of Lauyou Learning. Muhsin holds Bachelor Degree in Civil Engineering from KMCT Calicut.

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