10 Quick Inventory Spreadsheet Template Excel WPS Office Academy

excel inventory template

As with all of the Microsoft Excel templates included on this page, the columns can be customized for your business, and calculations are completed for you. Inventory list templates can be used to keep track of items in stock by listing their names, descriptions, and unit prices. Additionally, the Excel inventory template lets you keep track of reorder levels, reorder times, quantities to reorder, and discontinued items.

It also allows them to add notes to each item if they have any specific concerns or questions. If you are a new business, chances are that you need to track inventory, and the following inventory templates can help you get started. In some cases, it may be just a matter of keeping a record of information about software and hardware that you purchase.

Excel Skills offers its users more than 40 premium templates, including three designed just for managing inventory processes. These templates aren’t free, but they’re high quality, unique, and come with extensive training resources built right into the template. As a result, you get an up-to-date overview of your company’s stock levels in the central Dashboard. It’s easy to check which products are sold out and see which goods are currently available.

Home Inventory Spreadsheet ▶

It’s easy to customize and allows you to manage products, sales, fulfillment centers, and vendors all in one workbook. Easily build saved searches and filters based on any criteria, including seasonal items, weekly specials, and clearance products, so you can quickly find the right product every time. A good inventory template records products, orders, shipments, and customer data to help reduce manual labor costs and optimize inventory processes. Inventory management is essential for any business to stay ahead of the competition.

excel inventory template

By identifying discrepancies between actual and planned budgets, you can improve budget management. A spreadsheet is a versatile and easy-to-use tool for tracking and managing inventory, regardless of the size of your business. There’s no reason to rely on manual methods anymore, whether you’re operating a small retail store, restaurant, or manufacturing business. Keep track of incoming materials, current stock levels, and out-of-stock items. Plus, enjoy an efficient workflow with the simple Formula Field feature to easily make calculations between numeric, date, and time fields on an item.

Manufacturing KPI Dashboard

Among the advanced features used, this template leverages the Attachment data type, allowing you to embed files directly into your spreadsheet workbook. Inventory photos (or any other documents) live directly within your spreadsheet and can be added with a simple file drag and drop from your computer. You can track the location of IT hardware, and monitor software information, purchase, and license details.

excel inventory template

One benefit of using Excel inventory management templates is that they are cost-effective. You do not need to invest in expensive inventory management software. This inventory template also helps businesses monitor inventory budgets and overall expenditures by categories. Budget spend can be easily tracked for each item in the inventory, as well as the total expenditure.

Rise above the spreadsheet chaos.

It offers the ability to easily keep track of the location of installed software and monitor information about software license expiration dates. Like the home inventory template above, this template allows you to record personal belongings so that you’re prepared in the event of a natural disaster or other emergency. A personal inventory template is also a useful tool for simply tracking personal collections such as media, artwork, books and other collectible items. The template allows you to categorize your personal items, describe their condition, and document their value.

If you use tools, machinery, and routinely purchase materials, you’re going to need some way to keep track of what you have and what you need to purchase and when you need to purchase it. For insurance purposes, it’s also wise to create a home inventory in case of natural disasters or even robbery. In addition to what Excel templates have to offer, this template leverages advanced features like automations, Kanban and Calendar views, Attachments, and Related Rows. The latter allows you to create a no-code relational database in a few clicks, so you can do things like assigning inventory items to appropriate warehouses. Another disadvantage of using inventory software is that it often comes with a steep learning curve.

It costs $39.95 to use, however, you can download a locked version to see if it will work for you before you make the purchase. Data flows back and forth between the Check-in, Check-out, and Current inventory list automatically. Read about all the functions and features of your favorite spreadsheet softwares. Create a parts list for your assembly or a materials list for your product.

  • Excel is a widely-used tool that can help businesses of all sizes manage their inventory effectively.
  • Almost all businesses acquire physical assets of some kind or another.
  • Use this template to track metrics like the cost of goods sold (COGS), inventory turnover rate, sell-through percentage, and conversion rates.
  • For more complex inventory tracking needs, you can use Spreadsheet.com’s Inventory Management template.

This template from the no-code platform Sheetgo is an automated system containing pre-built Excel functions. Grow your business and increase your profits by connecting with customers and suppliers all over the world. Managing your inventory properly is a great way to save money and boost your profit margin. Open a Wise Business account and when it comes to paying international suppliers, use their local currency to save on exchange rate fees. Empower your people to go above and beyond with a flexible platform designed to match the needs of your team — and adapt as those needs change.

Top 10 inventory Excel tracking templates

Whether you’re running a small shop or managing a large-scale manufacturing operation, an efficient and accurate inventory process lowers production costs and risks. This template will help you update and manage your stock levels and keep track of all your supplier information. Almost all businesses acquire physical assets of some kind or another. This spreadsheet was created for businesses that need to keep track of what they have purchased, the value of the items, and where they are located.

With this accessible fixed asset inventory spreadsheet template, you can keep track of your equipment and other fixed assets. Input asset details, such as serial number, physical location, and purchase date, and we’ll calculate depreciation for you. This Software Inventory template by Vertex42 is designed to help you manage the process of tracking hardware and software assets.

Excel templates, on the other hand, are already pre-built, so you can hit the ground running by simply adding in your own data. Google Sheets can be used to create an inventory checklist template that allows businesses to monitor and track their stock levels. This checklist can provide an overview of every item in stock, its current quantity, and when a business should order more.

This template is specifically for tracking software, which sets it apart from other asset inventory spreadsheets. You can easily locate where certain software was installed, access supplier and purchase information, and view license renewal dates. An inventory report template is an essential tool for businesses to manage their inventory, track purchase orders, and stay organized with their stock levels and products. The template provides a comprehensive overview of current inventory levels, as well as the details of incoming and outgoing shipments.

With pre-written formulas and ready-made dashboards, they give you the framework to build an inventory solution that works for your business. This particular template includes 5 inventory pages to track stock usage and movement. Use this template to track metrics like the cost of goods sold (COGS), inventory turnover rate, sell-through percentage, and conversion rates.

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