The pandemic has also led companies to rethink their supply chain mapping strategies. In fact, companies reap a 25% increase in productivity when they integrate order processing with their inventory system. Over time, these solutions have extended their functions to cover forecasting, logistics services, and warehouse management. To prevent such situations and avoid excess or obsolete inventory, businesses rely on inventory management systems. The overall value of goods that were out of stock was pegged at $1.14 billion while the value of overstock reached $626 million. Moreover, unprecedented levels of distortion in inventory have been recorded in the retail sector due to the COVID-19 pandemic. Take the Swedish fashion line retailer H&M for example, when unsold inventory started taking a toll on their profit, amounting to $4.3 million of unsold clothes. Without the proper tool, it could be difficult to keep track of your inventory levels and maintain the right balance of stocks. With this, you should easily be able to pinpoint which ones will be able to reinforce your operations, help you grow your business, and cope with supply chain disruptions related to the COVID-19 pandemic.įor small and medium-sized companies, inventory management is an integral part of the business. Moreover, we will be discussing their usability, scalability, and flexibility. In this list, we have rounded up the best free inventory management software, making sure to discuss the features each one has to offer. That means going for a free inventory app shouldn’t be for lack of options, but for the best deal that you can find. Luckily for you, vendors try to crowd each other out in this field and would go to great lengths as giving their app for free just to have you signed up. This is true in your quest to find inventory management software that charges you nothing. With it, companies can manage their stocks with accuracy and efficiency without having to break the bank.įree doesn’t have to mean cheap. I highly recommended this app to anyone who wants a basic but thorough way to enter home contents without fuss.The best free inventory management software is Zoho Inventory, given its excellent automation options, inventory tracking features, ecommerce integrations, and online order management tools. One feature that would have been great for those moving home and packing in boxes, would have been a way to group items in boxes using QR codes to identify what was in the box. You can take photos and enter information as you go and take a photo, or photo first and enter the details later, using as many images or information as necessary for the item. All information is backed up to the cloud.Įntering information is simple. The app runs on my wife’s phone as well and allows us to both use the app and synchronise what we have entered. We can now quickly check the inventory for damage or loss when the guests have departed. We also rent our house for holiday lets, so it has proved invaluable. If they had an app like this, they would have had evidence of all of these when making an insurance claim. After our friends lost their home in a fire, they could not remember some of the ornaments they had when making an insurance claim. My wife and I wanted a straightforward way to list items in the house. For more details see our privacy policy.Įasy to Use and Time Saving Inventory App!Īfter looking at several inventory apps we decided on this one for its ease of use. * Comprehensive Backup, Restore and Export options availableĪll data is stored locally on your device or in your private iCloud storage. * Quickly lookup up items by name, model and more using the search feature * Supports iPad features like Split View, Slide Over and drag & drop of images Sync data between devices using iCloud or WiFi * Detailed single-item reports with larger photos for high value items * Create professional looking PDF reports by location, category, price & more… * Built-in smart categories to easily track your warranties and unvalued items * Add new locations and custom categories * Supports multiple properties and multiple currencies * Add purchase date, value, serial numbers, warranty information, notes & more… * Fill in the details later and add additional photos and PDF receipts * Capture an entire room in minutes using our quick camera entry mode to capture every item A one-time in-app purchase unlocks everything. Note: The free download is limited to 25 items and 1 property. Use Home Contents to quickly produce an accurate and complete estimate of your belongings. Are you prepared in the event of a home disaster? Do you have enough home insurance to cover the true cost of your possessions?
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