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Manual inventory tracking can be replaced easily with automated inventory management Replacing manual inventory tracking offers reliable audit trails. Add 2D barcode labels to warehouse inventory, and the status of those items will be known with a simple scan, rather than having to manually key in a long SKUManually tracking inventory means there is little to no usage of technology to keep track of each piece of inventory in as close to real time as possible. The best inventory tracking methods for business will vary, but inventory management software, manual data entry and daily audits are all options. To track a simple inventory, a notebook and pen will suffice. Make a list of every item you have that is currently for sale. If you produce the item you sell, The simplest way to track inventory is to manually count your inventory every two weeks and compare the numbers versus sales. That's known as periodic inventory