Short answer
Making or assembling things: InvenTree. Stock tied to sales and accounting: ERPNext or Dolibarr. A shop with a till: Open Source POS. Electronic parts: Part-DB.
The best inventory management software for small business depends less on features and more on what you stock. A candle maker, a corner shop and an electronics repair bench all “track inventory”, but in very different ways. Start with your business shape, then compare tools.
Four business shapes, four different needs
| Business shape | What matters most | Good fit |
|---|---|---|
| Maker or light manufacturer | Parts, bills of materials, supplier orders | InvenTree, ERPNext |
| Shop with a counter | Fast sales, receipts, stock deducted per sale | Open Source POS, ERPNext POS |
| Trader or wholesaler | Purchasing, sales orders, stock levels, invoices | ERPNext, Dolibarr, Odoo Community |
| Workshop with components | Thousands of small parts, locations, datasheets | Part-DB, InvenTree |
Free inventory tools compared
Feature comparison at a glance
| Tool | Inventory | Barcodes | Purchasing | API | Multi-user | Plugins |
|---|---|---|---|---|---|---|
| InvenTree | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| ERPNext | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Dolibarr ERP CRM | ✓ | – | ✓ | ✓ | ✓ | ✓ |
| Odoo Community | ✓ | – | ✓ | ✓ | ✓ | ✓ |
| AureusERP | ✓ | – | ✓ | – | – | – |
| Open Source POS | ✓ | ✓ | – | – | ✓ | – |
| Part-DB | ✓ | ✓ | – | – | ✓ | – |
✓ = listed in the project's documentation. – = not confirmed in the documentation we reviewed, so check the demo or docs.
An open source inventory system with part tracking, stock locations and suppliers. A strong pick for makers, workshops and hardware businesses.
- Part tracking with categories, parameters and stock levels
- Stock control across locations with history
- Bills of materials for assemblies
7,717 stars · MIT · repo updated Oct 2026
Read the full InvenTree reviewInventory connected to purchasing, sales and accounting. The best fit when stock levels must drive orders and financial records.
- Leads, opportunities and quotations
- Accounting and inventory included
- Very large community
40,232 stars · GPL-3.0 · repo updated Oct 2026
Read the full ERPNext reviewStock management inside a modular PHP business app. Easy to host, suitable for small catalogs.
- Modular: enable only what you use
- Invoicing, stock and agenda built in
- Runs on cheap shared hosting
7,732 stars · GPL-3.0 · repo updated Oct 2026
Read the full Dolibarr ERP CRM reviewOdoo Community includes an Inventory app with warehouses and stock moves, plus many connected apps. Some advanced features sit in Enterprise.
- Huge app ecosystem
- CRM linked to quotes and invoicing
- Active community and partners
55,072 stars · LGPL-3.0 (Community edition) · repo updated Oct 2026
Read the full Odoo Community reviewA fast-growing Laravel ERP that lists inventory among its modules. Young, so check maturity before relying on it.
- Inventory and warehouse features
- Modular ERP built on Laravel and Filament
- Purchasing and procurement modules
12,073 stars · MIT · repo updated Oct 2026
Read the full AureusERP reviewA point of sale system with stock tracking, suited to small shops that sell at a counter.
- Stock management for items and kits with an extensible attribute list
- Barcode generation and printing
- VAT, GST, customer and multi-tier taxation
4,443 stars · MIT · repo updated Oct 2026
Read the full Open Source POS reviewBuilt to manage electronic parts and components. Ideal for electronics workshops, not for general retail.
- Inventory of electronic parts with categories and storage locations
- Barcode and label generation for parts and locations, with webcam scanning
- User system with groups and fine-grained permissions
1,801 stars · AGPL-3.0 · repo updated Oct 2026
Read the full Part-DB reviewData verified 16 October 2026. Each card opens our in-depth page for that tool.
Replace the spreadsheet in four steps
A simple monthly stock-count habit
Count a different section each week and compare the result with the system. Investigate every difference above a small threshold you set. This catches theft, breakage and data entry errors early, and it is cheaper than one huge annual count.
Think about valuation
FIFO and average cost change your profit figures and tax. Agree the method with your accountant before you start.
Example: a small online store with 300 products
An illustrative example, not a real company.
A store sells 300 products from a back room and ships daily. Stock lives in a spreadsheet that never quite matches the shelves, so they sometimes oversell.
They move to an ERP stock module. First they give every product a SKU and do a full count. Then they record every purchase and sale in the system and set reorder levels on the 20 fastest sellers. A weekly cycle count of one shelf section keeps the numbers honest.
Within a month the spreadsheet is retired, and the owner sees what to reorder without counting boxes.
Pitfalls to watch for
- Keeping a side spreadsheet “just in case”.
- Skipping the opening stock count.
- Not recording breakage and returns.
- Choosing a heavy ERP for a tiny catalog.
- Never setting reorder levels.
Should you pay for this instead?
Paid inventory apps often include barcode scanning apps and marketplace integrations that are hard to replicate. Self-hosted tools shine when stock must connect to your own accounting and you want no per-user cost. Match the tool to your sales channels before you decide.
Also see warehouse management and point of sale if you outgrow plain stock tracking. The tools above are self-hosted, so budget for a server: a VPS or web hosting plan from a provider such as Hostinger covers most of them.
Need a server to host it?
Self-hosting a CRM needs a server. PHP and MySQL apps can often run on ordinary web hosting, while Docker, Node, Python or Java apps usually need a VPS. Check each project's requirements first. Hostinger offers both shared web hosting and VPS plans.
Affiliate disclosure: this is an affiliate link. If you buy through it we may earn a commission at no extra cost to you. CRMs and software are listed independently of any hosting partner. Learn more.
Official links for the tools in this guide
Every tool above has its own page on our site with the full review. These are the official sources, so you can download the latest version safely.
- InvenTree: Official website · Source on GitHub
- ERPNext: Official website · Source on GitHub
- Dolibarr ERP CRM: Official website · Source on GitHub
- Odoo Community: Official website · Source on GitHub
- AureusERP: Official website · Source on GitHub
- Open Source POS: Official website · Source on GitHub
- Part-DB: Official website · Source on GitHub