![]() The sum of the current stock plus those on order.Then, if you’d also like to include calculations based on those inputs, you could use the following: The max capacity for the product in store or in the warehouse.How many of the products are currently on back order or in transit. ![]() If we are talking stock for sale to the public or as part of a logistics chain, you’ll need to include the following inventory details: It depends on what type of inventory management template you need. What Data Should an Inventory Template Contain? Some good examples would be a school music room where students can borrow instruments or a construction site with several contractors that need to use the same equipment. This is perfect for any situation where items have to be borrowed by individuals. It has a simple checkbox column to identify whether or not a product is available to check out and columns for people’s names and expected return dates. The last of the G oogle Sheets inventory templates we’ve included in this article is a check-in and check-out one. That’s why we’ve also included a simplified and cost-free template too. Our main inventory Sheet template performs calculations based on product cost and maximum stock levels, but sometimes you won’t need to use these, such as when performing a quarterly stocktake. The beauty of using a Google Sheets inventory template is that it is free, and the work has already been done for you. Inventory management is an important part of many industries, including: They can also help to identify products lost through theft, workplace accidents, and shelf life expiry. Keeping track of your inventory helps you prevent stock shortages for fast-selling items and also helps to prevent over-ordering stock that may not be selling as expected. It does so through the manual entry of data accompanied by preexisting automatic formulas that fill other zones in the spreadsheet. ![]() An inventory template will easily help you keep track of your incoming and outgoing stock. Not to be confused with a project management template. What Is a Google Sheets Inventory Template?
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