#INVENTORY SPREADSHEET HOW TO#

Inventory management aims to keep the balance between maintaining the right amount of inventory to satisfy your customer and cost reduction. It may not only be something your company sells, but also stuff your company uses, such as laptops, software or even work suits. Products, in this case, can be anything – raw materials, work-in-progress, equipment or finished goods. What is an inventory spreadsheet template?Īn inventory template is a spreadsheet with an itemized list of every product your business has in stock, and it is used to record inventory levels and track inventory turnover.

#INVENTORY SPREADSHEET HOW TO#

This will remove the need to Google how to create one your own.īut, so we are on the same page, let’s first define what an inventory template is, what data it should contain, and why Google Sheets can be a perfect tool for the task. Well, we can’t make it fun for you (though there is some hidden beauty in all those tables and numbers), but we can definitely make your life easier by providing some ready-to-use inventory templates.

Updating your database every time a new product is added or an order is placed, and recording every transaction and shipment is a tedious task, let’s face it. In other words, inventory management is the science of getting the stock you need to the right place, at the right time, and for the right cost. What is “ inventory management”? Put simply, it means tracking your store’s inventory, listing all of your products and product-related info, and logging whenever anything’s added or taken out. Do inventory templates for Google Sheets make our lives easier? Inventory management defined

Inventory spreadsheet