Inventory Management on a Budget: Free Tools for Startups

For any product-based startup in India, inventory management is a major hurdle. Overstocking locks up your cash, while understocking leads to lost sales.

Free Strategies:

- The ABC Method: Categorize items based on value and turnover.
- Stock Alerts: Set minimum levels for every product.
- Digital Logs: Use a centralized admin dashboard to track changes.

Startups don't need expensive SAP installations. A simple admin panel with stock tracking features is often all you need to maintain 100% stock accuracy.