If you are a new business, chances are that you need to track inventory, and the following inventory templates can help you get started. In some cases, it may be just a matter of keeping a record of information about software and hardware that you purchase. If you use tools, machinery, and routinely purchase materials, you're going to need some way to keep track of what you have and what you need to purchase and when you need to purchase it. For insurance purposes, it's also wise to create a home inventory in case of natural disasters or even robbery.
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The thumbnail images may look the same for all of these templates, but after trying them, you'll see that each template was designed for a specific purpose.
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Besides providing a place for you to record important information about the assets in your home, this template includes a sample outline of items in a typical home, to help you see what you might want to include.
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Almost all businesses acquire physical assets of some kind or another. This spreadsheet was created for businesses that need to keep track of what they have purchased, the value of the items, and where they are located.
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This is a simple worksheet for keeping track of when your tools and other equipment need to be calibrated. The asset tracking template above is more about tracking prices, while this template is about maintenance.
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IT professionals purchase, install, and upgrade a lot of software. Keeping track of who has what can be a daunting task. That is what makes a tool like this software tracking template vital.
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Do you purchase and use materials for manufacturing or maintenance? If so, this may be the tool you need. This template can help you keep track of your materials and assist in knowing when to make additional purchases.
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Create a parts list for your assembly or a materials list for your product. This template can help you get started, and provides a fun example of a visual BoM.
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Keep track of who is using your equipment, tools, books, etc. with a simple sign out sheet form.
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An easy-to-use template for sending a purchase order to a supplier.
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Track the status of all your purchase orders, regardless of what PO form you use.
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Create maintenance logs for all the vehicles in your fleet. This template now includes a fleet inventory worksheet.
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Measure and track important Inventory and Warehousing metrics using this Key Performance Metrics dashboard developed by Someka.net. Packed with reports and graphs, this template is still fairly simple to customize for tracking the metrics key to your business.
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Measure and track Key Performance Metrics using this dashboard template from Someka.net. Some of the KPIs are responsiveness, quality, inventory reduction, compliance, and profitability.
Any retailer, salesperson, and wholesaler have to have an inventory management system. Keeping track of stocks without the help of professional software can be very tedious. Most people will look at the costs needed to acquire such software and give up. Without considering Microsoft Excel as a substitute, most retailers will end up giving up on keeping such records. Such decisions become critical as, in the long run, they end up affecting business performance.
The article below looks at making an inventory list in an Excel spreadsheet on a Windows or Mac computer. We will discuss using pre-made templates in Excel or creating your own. Here we go.
Method 1: Using a Template
There are several pre-formatted inventory templates in Microsoft Excel. To access this, follow the steps below;
1. Launch Microsoft Excel and click on New
To do this, go to the search bar on the top window. Type in "inventory list," and then press Enter. It will direct you to different options.
In Mac, click File in the upper left corner and then click New from Template in the drop-down menu.
2. Chose the style you prefer for your inventory list.
Scroll through the given options and select one that is suitable or meets your preferences.
3. Click Create.
You will find this option to the right of the template's preview window. It will create your template. Please wait for it to load as it may take only a few seconds.
4. Enter your inventory data
You will find pre-formatted data in the different fields. You can delete these and feed in your data under the item number, item name, item cost, etc.
5. Save your document.
Go to the File tab, select Save As. Choose the location on your PC where you want to save this File.
Method 2: Creating an inventory list in Excel from scratch
1. Launch the Microsoft Excel program.
2. Create a blank workbook by clicking on the File tab. It is on the upper-left side of the window. Select the 'New' option and click on the Blank workbook.
3. Create your inventory list headers. These headers will represent the different things you want to record, like item number, item name, item cost, item ID, the total number of items, items sold, and net value. Fill in the inventory list headers horizontally under different cells.
Highlight the headers and choose a fill color for clarification
4. Enter the inventory information. Enter all the inventory information you want to record in your worksheet. Do all the totals and computations using Excel formulas.
5. Save your File. Save your worksheet to your preferred location. Remember to type the worksheet's file name.
Conclusion
Having an inventory list is a preferable way of keeping track of your stocks, sales made and the amount received. It is a crucial part of any retailer or salesperson's business. Not only will you be able to keep track of your sales, but you will also know when to manage stock depletion. Choosing either of the two ways of creating an Excel inventory list saves you from incurring extra fees from professional software.