Inventory Manager for Re-Order Planning Excel Model

Description
The idea behind this inventory template is to help an inventory manager track when they need to reorder various sku's based on smart logic. The inputs by the user will define how the logic runs. It can be run once a day, week, month, or whatever is needed based on the specific situation.

Inputs include: Inventory level at end of current day, minimum reserve, avg. sales per day, and lead time. Based on these inputs, the logic will display the inventory level that should trigger a re-order and the expected date that will be.

The Google Sheet version has advanced filtering so you can drop in a number that defines the days until a sku needs re-ordered and based on the database you have populated, the filter will only display items that need to be re-ordered with that 'amount of days' input. This is nice because you can easily see, out of possibly hundreds or thousands of skus, what the skus are that need to be re-ordred in the next x days.

There is conditional formatting to define when a given sku is under its re-order level as well as when it is getting close to re-ordering (red/yellow/green). The video explains exactly what defines the color-coding.

On the Excel version, there are 3 filter columns where you can manually choose to only display rows that meet a given amount of days until re-order trigger, but the google sheet version is superior to doing that.

The last piece of logic is to estimate the amount of units you should re-order. I have built this to run off a multiple of the inventory level that should trigger a re-order per the given SKU. Based on the result of that calculation, it will tell you the expected amount of days that should last.

Excel and Google Sheet versions included.


This template is also included in two bundles:
- All Models Bundle: https://www.eloquens.com/tool/P8Y4TX4v/finance/financial-forecasting-models/financial-models-120-useful-and-usable-logic
- Accounting Tools: https://www.eloquens.com/tool/axKzHNRV/finance/accounting/accounting-bundle-useful-excel-templates-for-accounting-department