How to create a simple inventory management system

How do you create an inventory management system?

Here is our recommendation for how to create an inventory management system that’s strong, reliable and effective.
  1. Organize Your Locations. In any inventory management system, organization is vital.
  2. Describe Your Items.
  3. Number Your Items.
  4. Measurements Matter.
  5. Count Your Stock Levels.

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.

What is basic inventory management?

Inventory management is a systematic approach to sourcing, storing, and selling inventory—both raw materials (components) and finished goods (products). In business terms, inventory management means the right stock, at the right levels, in the right place, at the right time, and at the right cost as well as price.

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.

What is the best program for inventory?

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.

How much does an inventory system cost?

These different systems can range in price from $1,000 (or less) for a basic system for small and start-up businesses to millions of dollars for those larger businesses serving markets around the world. The ERP Software Pricing Guide contains more detailed pricing information.

What is the cost of Fishbowl Inventory software?

Software starts at only $4,395, which gives you permanent ownership of the software and it becomes even more cost-efficient the more users you add. Renew annually for continued access to support and software updates. Even if you don’t renew after a year, you will still own the software and have access to it forever.

What companies use fishbowl?

Who uses Fishbowl Inventory?
Company Website Company Size
Create Music Group 50-200
Pentair plc >10000
MAG Aerospace Corp. 1000-5000
TriMech, LLC 200-500

Is Fishbowl a good inventory system?

Fishbowl is the ideal manufacturing and warehouse management solution designed for small to medium size businesses. Key features include inventory management, material requirements planning (MRP), job shop floor control, work order management, manufacturer orders and bills of materials, barcoding and so much more.

How expensive is fishbowl?

Fishbowl pricing starts at $4395.00 per feature, as a one-time payment. They do not have a free version. Fishbowl offers a free trial. See additional pricing details below.

What database does fishbowl use?

Fishbowl uses a MySQL database, which is a very fast and efficient database.

Is Fishbowl Inventory cloud-based?


If you’re looking for free Web-based inventory management software that is accessible anywhere and can provide advanced inventory capabilities, look no further than Boxstorm! Order Management. Barcode Tracking.

How does fishbowl integrate with QuickBooks?

Fishbowl exports data to several QuickBooks accounts. These accounts can be added manually in QuickBooks, or automatically when going through the Integration. The Select Accounts step of the wizard offers the following two choices: Use Fishbowl created accounts will automatically create and map the accounts below.

What is fishbowl?

Fishbowl is a hybrid manufacturing and warehouse management solution designed for small and midsize companies. Key features include inventory control, material requirements planning (MRP), job shop floor control, work order management, manufacturer orders and bills of materials.

Does fishbowl integrate with QuickBooks online?

Fishbowl integrates with QuickBooks Online Plus or Advanced.

Does fishbowl integrate with QuickBooks Enterprise?

Fishbowl is the No. 1 manufacturing and warehouse management solution for QuickBooks. Fishbowl possesses every inventory management feature that QuickBooks Enterprise lacks. So give Fishbowl a try today, and see how seamlessly it integrates with QuickBooks!