Inventory management systems (IMS) are software applications that help businesses track and manage their inventory levels, everything from raw materials to finished goods. Done well, an IMS saves money, improves efficiency, and reduces waste. Done badly, it just adds another spreadsheet nobody trusts.
We’ve been building inventory and asset tracking systems since 2001. Our founder, Dean Henry, started iNVENTORe after watching people physically check inventory in bins on site to see what needed replenishing, a manual, non-value-added task he wanted to eliminate. That problem is still the starting point for everything we build.
What are the benefits of using an Inventory Management System?
Reduced costs:
A good IMS reduces inventory shrinkage, the loss of stock through theft, damage, or obsolescence
Improved efficiency:
Automates tasks like tracking stock levels, triggering reorders, and managing returns
Reduced waste:
Surfaces slow-moving or obsolete inventory before it becomes a write-off
Improve customer satisfaction:
Keeps critical items available at the point of use, avoiding downtime and dissatisfied customers
Improve compliance:
Supports accurate, auditable records of who took what, when, and why
The inventory management solutions we offer
Rather than a single one-size-fits-all system, we have developed a range of connected hardware and software, so you can start with what solves your immediate problem and expand from there. All our devices report into Sourcerer, our cloud-based inventory and asset management platform, giving you one place to see everything.
Here are a few of our solutions:
- iBinScale: battery-powered weight sensor bins that continuously monitor stock quantity and trigger automatic reordering, accurate to a few grams
- iClick: a simple BLE reorder button for point-of-use stock, letting anyone check status or trigger a restock with a single press
- TwinBin Live: real-time visibility of stock across dual-bin storage systems
- iVendLocker: locker-based industrial vending for secure, tracked issuing of tools, PPE and assets, with full audit trails
- SmartStores Secure: the world’s first app-accessed cabinet, for secure, unmanned stores across a site
- iSite: the gateway network connecting your ability to track assets and stock without the need for line of sight or manual scanning
Explore the full range of solutions to find the right fit for your business.
How to choose the right Inventory management system?
The right setup depends on the size and complexity of your business, your industry, and your budget. For businesses managing physical goods across multiple sites, a combination of point-of-use hardware (like iBinScale or iClick) and a central platform (like Sourcerer) is often the most effective starting point. It’s worth speaking to someone who can look at your specific stock, sites, and workflows before recommending a solution.
We’ve worked with organisations including Wessex Water, Fortem, Sanctuary, MBA Polymers and Staytite, and our clients typically see real-time visibility and control they didn’t have before. As one Operations Director put it: Sourcerer gave her business a level of control she hadn’t thought possible, and it’s become invaluable to day-to-day operations.
Inventory management systems can be a genuine asset for businesses of all sizes, cutting costs and improving efficiency when they fit how your team actually works.
