
Inventory Management Templates
What is Inventory Management?
Inventory management is the process of tracking and managing your business' inventory and stock. This process involves various aspects, including regulating and tracking of ordering your inventory and stock, analyzing how it can be stored and regulating how much inventory is available for sale. Ultimately, Inventory Management is the process of making sure that the right amount of inventory is available in the right place, at the right time and at the lowest cost.
Why do you need to control and manage your inventory?
Inventory management will give you a centralized view of your business' stock and inventory. This will allow you to keep track of your stock numbers and where exactly this stock is. Inventory management is particularly necessary if your business' distribution centres are in different locations, as this will allow you to direct certain stock into certain sales channels.
A detailed inventory management system will also give you a better understanding of which of your products are proving successful and which are not. This will allow you to plan your future inventory investments based on which are doing well.
Inventory management can also be extremely helpful in relation to your business' delivery services. For instance, companies can easily gain a bad reputation through delivery delays as a result of stockouts. An inventory management system will allow you to keep on top of inventory shortages and prevent potential late deliveries.
This process can also be used in order to forecast your business' performance. You can easily analyse which of your stocks are doing well, allowing you to concentrate your attention on these areas and ultimately improve revenues.
When you manage your business' inventory, you will also be able to limit your storage costs. Efficient inventory management will ensure that you are only storing the stock that you need - i.e. avoiding the buying of surplus inventory, whilst also avoiding lacking stock. Storage costs are often based on the amount of stock being stored. As such, with effective inventory management you will only store the stock that you require and only pay for this storage.
What types of Inventory Management are there?
There are a number of ways to track your inventory, two of the principle ways in which inventory is managed are:
-Periodic Method: This type of inventory management sees inventory data updated periodically, oftentimes being annually. This technique is more useful for smaller businesses where inventory is easier to keep track of.
- The Perpetual Method: This involves continual updating and tracking of inventory, and is popular with organizations as it gives up-to-date, accurate inventory information.
What will you gain through Inventory Management?
Reduction in costs: Reduced costs in inventory storage and surplus stock
Improved cash flow: Your stock is often paid for with your business' cash but whilst it is in storage, it does nothing for your business. However, better inventory management can lead to improved cash flow, as you only hold the stock that you need and can sell, meaning you are not holding surplus stock.
Easy inventory tracking: Inventory management software can give you quick and easy access to the key figures relating to you stock.
Demand forecasting: You will be able to analyse current demand for certain stocks in your inventory and build a forecast prediction based on this analysis.
Prevent shortages and excesses: Inventory management will give you the means to analyse your current holdings quickly and easily, making it easy to prevent shortages and excesses in stock.
To find out more about inventory management and tracking:
More information on Inventory Management
For a wealth of instantly downloadable and ready-to-use Inventory Management and Tracking Excel Templates, scroll down on this page category page.
Most popular Templates
- Manage inventory that moves back and forth between multiple locations (up to 21).4,0622add_shopping_cart$45.00
by Jason Varner
Inventory Cash Flow Management - Up to 36 Month Forecast
A way to plan out cash requirements for inventory purchases based on expected sales and seasonality.1,082Discussadd_shopping_cart$45.00by Jason Varner
Inventory Analysis and Management
Inventory balance movements, days inventory outstanding (DIO), turnover, seasonality, aging analysis, planning orders296Discussadd_shopping_cart$20.00by Andrei Okhlopkov
Inventory Management and Analysis best practice with dynamic charts
Inventory Management and Analysis best practice. Useful to the Management team as well as to external financial analyst.9701add_shopping_cart$29.00by HEURTEBIZE
Inventory Manager for Re-Order Planning Excel Model
Help control and organize inventory re-ordering.384Discussadd_shopping_cart$40.00by Jason Varner
Customer Invoicing and Inventory Management Excel Model
A complete business invoicing system with product/service, customer and inventory management.1,429Discussadd_shopping_cart$26.00by Business Spreadsheets
FIFO-Based COGS Inventory Valuation Template in Excel
This is a great tool for anybody working in Accounting and trying to save time on inventory valuation calculations.2,194Discussadd_shopping_cart$95.00by Jason Varner
Inventory Analysis Excel Template
An analytical tool that is very useful for distributors, retailers and others willing to evaluate inventory management.311Discussadd_shopping_cartCash Velocity Excel Calculator
This tool estimates how long it takes to convert a dollar paid for inventory into a dollar received on sales.162Discussadd_shopping_cart$20.00by CFO.University
Inventory Tracking Excel Template - Single Location - COGS Logic
An inventory management excel template designed for 1 location and focuses on deriving a cost of goods sold per sku.986Discussadd_shopping_cart$45.00by Jason Varner
Order Planning & Invoicing Excel Template
The best solution for well-functioning inventory management. Record sales orders, invoices and release delivery orders!258Discussadd_shopping_cart$50.00by Someka
Inventory Valuation, Reorder and Price Trend Template
Inventory Valuation with Price Trend and Reorder Point176Discussadd_shopping_cart$19.50by Steve Lindsey
Simple In/Out Inventory Management Excel Template - 1 Location -
This excel model will help you track the quantity and value of your inventory.3,798Discussadd_shopping_cart$45.00by Jason Varner
Inventory & Stock Control Excel Model
Uncomplicated inventory, stock control spreadsheet in Excel140Discussadd_shopping_cart$10.00by Pissolato
Inventory List with Reorder Level
The template will help to manage the inventory including aspects such as controlling and overseeing purchases88Discussadd_shopping_cart$5.00by ECF Consultancy
Production and Inventory Control by Batch in Excel
With this spreadsheet, you will have full Production and inventory control including batch division. Contain VBA code.2827add_shopping_cart$30.00by Marcus Servatti
priced Templates
Inventory Tracking Excel Template - Multiple Locations
Manage inventory that moves back and forth between multiple locations (up to 21).4,0622add_shopping_cart$45.00by Jason Varner
Inventory Analysis and Management
Inventory balance movements, days inventory outstanding (DIO), turnover, seasonality, aging analysis, planning orders296Discussadd_shopping_cart$20.00by Andrei Okhlopkov
Inventory Management and Analysis best practice with dynamic charts
Inventory Management and Analysis best practice. Useful to the Management team as well as to external financial analyst.9701add_shopping_cart$29.00by HEURTEBIZE
Customer Invoicing and Inventory Management Excel Model
A complete business invoicing system with product/service, customer and inventory management.1,429Discussadd_shopping_cart$26.00by Business Spreadsheets
Inventory Cash Flow Management - Up to 36 Month Forecast
A way to plan out cash requirements for inventory purchases based on expected sales and seasonality.1,082Discussadd_shopping_cart$45.00by Jason Varner
Inventory Manager for Re-Order Planning Excel Model
Help control and organize inventory re-ordering.384Discussadd_shopping_cart$40.00by Jason Varner
FIFO-Based COGS Inventory Valuation Template in Excel
This is a great tool for anybody working in Accounting and trying to save time on inventory valuation calculations.2,194Discussadd_shopping_cart$95.00by Jason Varner
Inventory Analysis Excel Template
An analytical tool that is very useful for distributors, retailers and others willing to evaluate inventory management.311Discussadd_shopping_cartCash Velocity Excel Calculator
This tool estimates how long it takes to convert a dollar paid for inventory into a dollar received on sales.162Discussadd_shopping_cart$20.00by CFO.University
Inventory Tracking Excel Template - Single Location - COGS Logic
An inventory management excel template designed for 1 location and focuses on deriving a cost of goods sold per sku.986Discussadd_shopping_cart$45.00by Jason Varner
Order Planning & Invoicing Excel Template
The best solution for well-functioning inventory management. Record sales orders, invoices and release delivery orders!258Discussadd_shopping_cart$50.00by Someka
Inventory Valuation, Reorder and Price Trend Template
Inventory Valuation with Price Trend and Reorder Point176Discussadd_shopping_cart$19.50by Steve Lindsey
Simple In/Out Inventory Management Excel Template - 1 Location -
This excel model will help you track the quantity and value of your inventory.3,798Discussadd_shopping_cart$45.00by Jason Varner
Inventory & Stock Control Excel Model
Uncomplicated inventory, stock control spreadsheet in Excel140Discussadd_shopping_cart$10.00by Pissolato
Inventory List with Reorder Level
The template will help to manage the inventory including aspects such as controlling and overseeing purchases88Discussadd_shopping_cart$5.00by ECF Consultancy
Production and Inventory Control by Batch in Excel
With this spreadsheet, you will have full Production and inventory control including batch division. Contain VBA code.2827add_shopping_cart$30.00by Marcus Servatti
Newly published
Inventory Cash Flow Management - Up to 36 Month Forecast
A way to plan out cash requirements for inventory purchases based on expected sales and seasonality.1,082Discussadd_shopping_cart$45.00by Jason Varner
3 Way Inventory Control Software Financial Plan
Try Inventory Control Software Financial Plan. Solid package of print-ready reports: P&L and Cash Flow statement, and a18Discussadd_shopping_cart$129.00by Henry Sheykin
Inventory Dashboard Model
Inventory Dashboard Model generates a dynamic dashboard which can be filtered by Reporting Date, Materials, Products,...78Discussadd_shopping_cart$119.00by Big4WallStreet
FIFO & LIFO Stock Model
LIFO FIFO Stock Model (Monthly / Quarterly)86Discussadd_shopping_cart$200.00by Richard Waring
Production Order and Inventory Control
Create Production Orders and Control your Inventory!90Discussadd_shopping_cart$20.00by Marcus Servatti
Production and Inventory Control by Batch in Excel
With this spreadsheet, you will have full Production and inventory control including batch division. Contain VBA code.2827add_shopping_cart$30.00by Marcus Servatti
Inventory Valuation Model - FIFO Method of Valuing Inventory
Allows to know the transactional breakup of Closing Stock after considering sales made for that period.245Discussadd_shopping_cartInventory Analysis and Management
Inventory balance movements, days inventory outstanding (DIO), turnover, seasonality, aging analysis, planning orders296Discussadd_shopping_cart$20.00by Andrei Okhlopkov
Inventory List with Reorder Level
The template will help to manage the inventory including aspects such as controlling and overseeing purchases88Discussadd_shopping_cart$5.00by ECF Consultancy
Inventory & Stock Control Excel Model
Uncomplicated inventory, stock control spreadsheet in Excel140Discussadd_shopping_cart$10.00by Pissolato
Stock & Inventory Tracker
Monitor your inventory thanks to this Tracker. Planning, tracking and managing your inventory has never been easier.575Discussadd_shopping_cartfreeby Someka
Inventory Management and Analysis best practice with dynamic charts
Inventory Management and Analysis best practice. Useful to the Management team as well as to external financial analyst.9701add_shopping_cart$29.00by HEURTEBIZE
Inventory Valuation, Reorder and Price Trend Template
Inventory Valuation with Price Trend and Reorder Point176Discussadd_shopping_cart$19.50by Steve Lindsey
FIFO-Based COGS Inventory Valuation Template in Excel
This is a great tool for anybody working in Accounting and trying to save time on inventory valuation calculations.2,194Discussadd_shopping_cart$95.00by Jason Varner
Order Planning & Invoicing Excel Template
The best solution for well-functioning inventory management. Record sales orders, invoices and release delivery orders!258Discussadd_shopping_cart$50.00by Someka
Cash Velocity Excel Calculator
This tool estimates how long it takes to convert a dollar paid for inventory into a dollar received on sales.162Discussadd_shopping_cart$20.00by CFO.University
Full catalog
Inventory Valuation Model - FIFO Method of Valuing Inventory
Allows to know the transactional breakup of Closing Stock after considering sales made for that period.245Discussadd_shopping_cartInventory Tracking Excel Template - Multiple Locations
Manage inventory that moves back and forth between multiple locations (up to 21).4,0622add_shopping_cart$45.00by Jason Varner
Inventory Analysis and Management
Inventory balance movements, days inventory outstanding (DIO), turnover, seasonality, aging analysis, planning orders296Discussadd_shopping_cart$20.00by Andrei Okhlopkov
Inventory Management and Analysis best practice with dynamic charts
Inventory Management and Analysis best practice. Useful to the Management team as well as to external financial analyst.9701add_shopping_cart$29.00by HEURTEBIZE
Customer Invoicing and Inventory Management Excel Model
A complete business invoicing system with product/service, customer and inventory management.1,429Discussadd_shopping_cart$26.00by Business Spreadsheets
Retail Inventory Management Template
Detailed, easy to use template for managing your business' inventory4,8574add_shopping_cartfreeby Alan Friedman
Warehouse Inventory Management Excel Template
Excel template for warehouse inventory tracking and management20,7651add_shopping_cartfreeby App Sheet
Retail Inventory and Sales Workbook
Inventory and Sales Excel Template Workbook for Retail.2,707Discussadd_shopping_cartfreeby Vend
Stock & Inventory Tracker
Monitor your inventory thanks to this Tracker. Planning, tracking and managing your inventory has never been easier.575Discussadd_shopping_cartfreeby Someka
Inventory and Stock Management Tool in Excel
An inventory and stock management excel tool to help you manage your inventory items with ease.2,406Discussadd_shopping_cartfreeby Zervant
Customer Invoicing System Excel Model
Customer Invoicing and Inventory Management solution with management of customer information and product details.1,660Discussadd_shopping_cartInventory Cash Flow Management - Up to 36 Month Forecast
A way to plan out cash requirements for inventory purchases based on expected sales and seasonality.1,082Discussadd_shopping_cart$45.00by Jason Varner
Inventory Manager for Re-Order Planning Excel Model
Help control and organize inventory re-ordering.384Discussadd_shopping_cart$40.00by Jason Varner
FIFO-Based COGS Inventory Valuation Template in Excel
This is a great tool for anybody working in Accounting and trying to save time on inventory valuation calculations.2,194Discussadd_shopping_cart$95.00by Jason Varner
Inventory Analysis Excel Template
An analytical tool that is very useful for distributors, retailers and others willing to evaluate inventory management.311Discussadd_shopping_cartCash Velocity Excel Calculator
This tool estimates how long it takes to convert a dollar paid for inventory into a dollar received on sales.162Discussadd_shopping_cart$20.00by CFO.University
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