The best inventory management software for businesses

Streamline every aspect of inventory management from experiencing seamless procurement, to ensuring efficient sales. Gain control across outlets, optimize stock levels, and say goodbye to manual processes.

Three individuals collaborating to transport boxes, showcasing the efficiency of inventory management software in optimizing logistics

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What is inventory management software?

Inventory management software, also known as stock management software, helps businesses deliver exceptional customer experiences by ensuring optimum inventory is always available. With the best stock management software in hand, businesses can eliminate error-prone manual tasks across all operations and enhance their overall supply chain, leading to better customer satisfaction and increased profitability.

Employee cross-verifying physical racks with inventory management software on a mobile app. Explore free inventory management software

Why do businesses need inventory management software?

Inventory management software is an essential tool for businesses seeking to accelerate their growth, enhance customer service, and boost sales through streamlined inventory operations. Powerful free inventory software provides a comprehensive overview of inventory status, enabling businesses to manage fast-moving items while identifying and liquidating stagnant stock. Gofrugal's free inventory management software helps businesses confidently run their operations while catering to customer demands effectively.

Employee reviews growth, profit, and stock limit reports using inventory software with the help of free inventory software

Who uses inventory management software?

Retail

Effective stock management software is essential for businesses of all sizes. Businesses can stay updated with their inventory levels, sales, and orders with inventory software. It provides real-time data to make informed decisions about restocking, ordering, and product performance. Centralized management capabilities help retailers optimize inventory levels across locations and reduce stockouts and overstocking, ultimately improving sales and profitability. Download stock software, free of charge, to learn more.

Experience retail management
Employee examines comprehensive stock summary reports with free stock software, gaining valuable insights

Restaurant

Inventory software, with real-time tracking, helps restaurants track ingredients to maintain consistent freshness, cut costs by reducing waste, and minimize spoilage. It also helps restaurant managers avoid stock shortages and overstocking, ensuring they have the necessary ingredients to prepare menu items while avoiding unnecessary purchases that tie up their capital. Additionally, free stock management software improves ordering accuracy, and provides valuable data for future menu planning and cost analysis.

Experience restaurant management
Restaurant employee stock management software for real-time tracking, ensuring ingredient freshness, cost savings, and waste reduction

Benefits of using an
Inventory management software?

Forecast customer demands and plan the supply of stocks

Prevent loss of revenue, having the right stock in the store

Optimize stocks and fulfil the customer orders without fail

Empower sales force to increase sales with 100% stocks

Reduce the time, efforts and cost involved in stock audits

Eliminate manual errors amidst fluctuating stock levels

Get free inventory software
inventory-management
Employee explores the advantages of free inventory software for small businesses, optimizing operations and boosting efficiency

Why does your business need stock management software to grow and thrive?

inventory management

Shipped order late because of no track over stock outs

inventory management

Face human errors in operations as a major problem

inventory management

Lost visibility on inventory across the entire supply chain

Source: founderjar.com

Features of stock management software

Inventory management software offers features that help to boost sales with minimal staff, and the least skills and gain control over the stocks. Apart from the common features, there are more modern features like AI-based demand forecasting, stock traceability, accessing reports on mobile and many more!

Know more about features

Masters Management

Inventory Masters

Setup your stocks and raise your sales with ease

Material Issue

Organize the raw materials and finished products

Receipt / Repack

Manage the stocks with dynamic stock adjustments

Barcodes / EAN codes

Track your inventory with accuracy at a quicker pace

Pricing Management

Change selling

Manage daily price changes quickly and effectively

Mark up / down

Automate price calculations without affecting margin

Item transaction history

Know all transactions from incoming-outgoing

Price level

Customize prices, manage seasonal/clearance sales

Stock Management

Opening stock entry

Sell on the go with instant, and simple item inwards

Inventory management app

Mobile app for complete inventory control everyday

Physical Inventory and Stock update

Set the discrepancies right for a healthy inventory

Stock ledger and Product flow

Take rapid business decisions to keep stocks available

How to choose the
best Inventory management software?

Look out for these features in your Inventory management software that helps you transform your business digitally and streamline your operations to be highly profitable.

Stock count app for daily auditing and live reconciliation

Batch and expiry tracking of items with rack and shelf management

Customized inventory, barcode generation / management based on business

Multiple warehouses and outlets management from a single platform

ROI tracking with pricing control, and margin protection

Inventory automation across operations for enhanced inventory control

Reports on stock position, to know the fast moving / dead stocks

Demand forecasting tools to purchase stocks at optimal levels

Multi-store management with features to scale up business readily

What is the cost of Inventory management software?

The cost of inventory management software can start around $1,000/month. However, it can vary significantly based on the specific factors of the business. For example, different pricing tiers are available based on the number of users, orders processed, and locations. Opting for a plan that suits current needs while being scalable for future growth is crucial. To make the right choice, businesses should outline their business needs and the areas they wish to grow with the inventory management software.

For small businesses looking for cost-effective solutions, exploring options like inventory software for small business, free of charge, can be a prudent step.

Know more about pricing
Learn how to try out inventory management software for free, simplifying your inventory tracking and control

Why choose
Gofrugal's Inventory management software?

Gofrugal ERP is a powerful and reliable Inventory management software built for all business sizes that helps,

best inventory management software

Streamline inventory operations with high accuracy, minimal skills, and manpower backed by AI-ML-based tools to be customers' favorite store and have best sales for all seasons

best inventory management software

Ensure complete inventory control with an inventory management app for perpetual stock audits, instant inwards, accurate order processing and dynamic stock refills

best inventory management software

Make timely business decisions on the go with actionable reports, have the right inventory days on hand, manage product pricing and packaging without losing margin to profit well

best inventory management software
best inventory management software
Explore the intuitive dashboard of free stock software, simplifying your inventory management
best inventory management software

Experience + Gofrugal = Delight

With Gofrugal's ERP, my inventory is always up-to-date, and reordering with the right suppliers happens automatically. I've never lost customers due to out-of-stock after implementing Gofrugal

Mr. Arjun, Proprietor

Thayagam Shopping Mall

With Gofrugal POS and GoSure app I'm able to monitor the stock auditing across 12 outlets centrally. Now we have increased employee productivity and there is no out of stock as well as over stocking

Mr. Senthil Kumar, Manager

Shivling Supermarket

GoSure - the inventory app is a great boom to the industry with daily stock auditing. Before GoSure we've never audited stocks completely, but now we do it daily and make the right decisions before purchase!

Mr. Omkar Sarda, Proprietor

Medical Distributors

Free inventory management software - Try before you buy

Running your business's inventory just got easier with our free, 15-day trial. Get unrestricted access to advanced features including:

  • Effortless stock forecasting to stay ahead by predicting customer demands.
  • Streamlined stock optimization to ensure you never run out of the right products.
  • Efficient audits to eliminate manual errors and tedious manual stock audits.

Take the first step towards efficient inventory management.

Start your free trial
Employee evaluates the ROI of free stock software, weighing its benefits against the initial investment for enhanced inventory management