If you’re managing stock for a retail business or materials to be used in manufacturing, you know how critical inventory management can optimize sales and productivity. This inventory control template can help you identify when to reorder stock, reduce excess inventory, access supplier information, and quickly locate items in storage. This tool will provide easy access to the quantities of products currently in stock, which is a vital first step in keeping operations running smoothly. Also, tracking inventory will help you accurately identify when products need to be reordered and which items are discontinued. Knowing what you have in stock, where it’s located, and what it’s worth will help you maintain assets and know when it’s time to upgrade. Especially for small businesses, a template allows for easy data entry, quick access to product and order details, and a customizable format that can change along with the company.
Safety Stock Calculator
View current inventory levelsManage reordering pointCreate business statistics
Control your safety stock levelManage inventory prepaymentsOperate AR/AP levels for your inventory
Stock calculation formula in excel
Safety stock calculation formula