The inventory system allows the creation of any number of “Catalogs”, which are groups of inventory items. A catalog can contain folders and subfolders, and individual items and grouped items. For example, a catalog can be created to track accessible lab equipment and another for equipment that can be loaned out to students. Data can be tracked on inventory items, such as pictures, manuals, purchase information, status, current location, etc. ClockWork dynamic forms can be optionally created and used to extend data tracking on inventory items. The inventory system is compatible with barcode scanners and can read existing product barcodes or generate it’s own for printing to labels. The inventory system includes a reservation and loan system that can be used to loan equipment out to students. Full tracking on loans is provided similar to a library system, and students will receive reminder emails for overdue items.