Top 10 Inventory Management Apps

Select from the top-rated inventory management app and keep your business organized and running smoothly.

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Published 2 May 2022

What is an Inventory Management App?

An inventory management app is a digital tool used by inventory managers to ensure that stocks, raw materials, and supplies are sufficient to meet production and consumer demands. Proper inventory management is important for businesses regardless of industry as it is directly linked to a company’s ability to make a profit and it can help streamline your inventory management process through easy smartform customization, powerful data analytics, and fast reporting.

Importance of Using an Inventory Management App

The value of inventory is integral in any goods-based business. It helps prevent operational issues such as stockouts or overstocking, and any other issues that can contribute to business loss or failure. Having proper inventory management can benefit the business in many ways, such as:

  • Effective inventory control
  • Better inventory planning and ordering
  • Better customer service
  • Reduce product loss from theft, spoilage and returns
  • Gain better insight on financial standing, customer behaviors and preferences, product and business opportunities, trends and more.

Many businesses across the world, large or small, still perform their inventory management using the traditional method of pen and paper. While this may have worked, the process has been proven to be inefficient. The process took a significant amount of time and was vulnerable to inaccuracy.

With the traditional method being ineffective, businesses have moved to smarter work strategies and services. Mobile applications such as inventory management apps can help with inventory-related tasks by providing ease of access and showing changes in real-time, empowering people to work more efficiently. 

The ease of using a digital inventory template can also help in assessing the current assets to identify if stocks are sufficient for business’ deliverables. Using a handheld device helps to capture photo evidence and assign corrective actions immediately to avoid overproduction, product spoilage, or inadequate supplies. 

Robertson Paredes

SafetyCulture staff writer

Rob Paredes

Rob Paredes is a content contributor for SafetyCulture. He is a content writer who also does copy for websites, sales pages, and landing pages. Rob worked as a financial advisor, a freelance copywriter, and a Network Engineer for more than a decade before joining SafetyCulture. He got interested in writing because of the influence of his friends; aside from writing, he has an interest in personal finance, dogs, and collecting Allen Iverson cards.

Rob Paredes is a content contributor for SafetyCulture. He is a content writer who also does copy for websites, sales pages, and landing pages. Rob worked as a financial advisor, a freelance copywriter, and a Network Engineer for more than a decade before joining SafetyCulture. He got interested in writing because of the influence of his friends; aside from writing, he has an interest in personal finance, dogs, and collecting Allen Iverson cards.