Best Manufacturing Inventory Management Software (Free and Paid)

Manufacturing businesses of any size are complex, and managing inventory is almost certainly the backbone of your manufacturing. Components, equipment, and machinery are a critical part of this industry; even a minor disruption can wreak havoc on the supply chain. Here, manufacturing inventory management software can work wonders. They are cloud-ready inventory management software specially designed to streamline manufacturing processes from start to end. If businesses use multiple warehouses to store various components, the applications allow users to manage and maintain inter-warehouse stock to simplify the workflow. The manufacturing inventory management systems forecast where there will be an increase in demand for some metals. This way, you can stock up before the demand strikes and fulfill orders on time. If you are considering manufacturing inventory management software for your manufacturing business, you are at the right place! Find the list of top (Free and Paid) inventory management software below.

  • 5 avg. rating from 02 reviews

Last Updated: October 01, 2025

53 Software

Popular Picks in Inventory Management Software

inFlow Inventory

inFlow Inventory

$89 Per month

Katana Cloud Inventory

Katana Cloud Inventory

Contact Vendor

MRPeasy

MRPeasy

$49 Per month

Xero

Xero

   (4.5)

$29 Per month

List of Best Manufacturing Inventory Management Software (Free and Paid)

Pricing Options

Monthly Subscription

Annual Subscription

One-Time Payment

Quote Based

Features

Accounting Integration

Alerts/Notifications

Barcoding/RFID

Forecasting

Inventory Management

Order Management

Reorder Management

Status Tracking

Warehouse Management

Lot Tracking

Barcode/Label Management

Cost Tracking

Purchase Order Management

Product Identification

Bill of Materials

Item Management

Multi-Location

Vendor Managed Inventory

Barcode/Ticket Scanning

Inventory Replenishment

Custom Pricing Rules

Customer Database

Inventory Auditing

Inventory Control

Inventory Optimization

Invoice Management

Kitting

Multi-Channel Management

Shipping Management

SKU/UPC Codes

Supplier Management

Demand Forecasting

Artificial Intelligence

Company Size

Self Employed

Small Business

Medium Business

Enterprise

Simplify, Streamline and Succeed with Best CRM Software - Wortal CRM

WORTAL CRM is customer relationship management (CRM) software that helps businesses to streamline their customer management process. WORTAL CRM is efficient, scalable and powerful software which helps to increase efficiency, drive growth, and improve customer satisfaction. It can be customised as per the needs by small business, medium and large enterprises. Read more about Wortal CRM

Free Trial

NA

Pricing Type

Contact Vendor

Location

India

Cloud Accounting, Inventory, POS & VAT Software for SMEs in Bangladesh

GPAC's Inventory Management solution is designed to provide businesses with smart and efficient control over their stock. It offers multi-location support, allowing you to manage inventory across different warehouses or stores from a single platform. The software provides real-time data on stock levels, helping businesses optimize inventory, prevent stockouts, and manage both sales and purchases ... Read more about GPAC Software

Free Trial

7 Days

Pricing Type

Contact Vendor

Location

Bangladesh

No-code ERP for MSME manufacturers

AICAN OptiWise is an innovative, AI-powered ERP platform tailored for MSMEs, offering unparalleled flexibility and affordability. Designed to adapt in real-time, OptiWise empowers businesses to customize operations across sales, inventory, purchase, production, and more—without any added cost. With seamless automation of repetitive tasks and AI-driven insights, OptiWise optimizes efficiency and ... Read more about AICAN Optiwise

Free Trial

15 Days

Pricing Type

Contact Vendor

Location

India

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Frequently Asked Questions

Manufacturing inventory management software helps manufacturers track raw materials, work-in-progress (WIP), and finished goods to ensure efficient production and stock control.

Manufacturing inventory management includes features like bill of materials (BOM), production planning, demand forecasting, and tracking WIP, which standard inventory systems may lack.

It helps prevent stock shortages, reduces waste, streamlines production planning, and ensures that materials are available when needed.

Essential features include inventory tracking, barcode scanning, order management, supplier management, demand forecasting, and real-time reporting.

Yes, small manufacturers can use it to reduce manual errors, automate inventory tracking, and improve production efficiency.

It minimizes excess inventory, reduces stockouts, automates reordering, and optimizes material usage to lower operational costs.

Yes, many solutions integrate with ERP, accounting, and supply chain management software for a seamless workflow.

Yes, most advanced systems allow manufacturers to track inventory across multiple warehouses, factories, and production sites.

It uses historical sales data, production trends, and real-time analytics to predict future inventory needs and prevent overproduction.

Cloud-based software offers real-time access and scalability, while on-premise solutions provide more control over data security. The choice depends on business needs.

Yes, it differentiates between raw materials, WIP, and finished products, ensuring accurate stock levels at each production stage.

Barcode scanning speeds up inventory tracking, reduces human errors, and ensures accurate stock counts in warehouses and production lines.

Yes, many systems use minimum stock level alerts and automated purchase orders to prevent material shortages.

It provides real-time insights into stock levels, supplier performance, and production schedules, helping manufacturers streamline operations.

Key considerations include ease of use, integration capabilities, scalability, automation features, reporting tools, and cost-effectiveness.

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