Simple stock Management Templates

Sajjad Ahmad August 18, 2019

Stock/Inventory Management Excel Template

Inventory Management Templates are efficient tools for tracking and managing inventory. They are available in Excel, Google Sheets, and Open Office Calc and provide a record of products purchased and sold. These templates include essential information such as stock levels, unit price, and stock value, which is necessary for preparing Profit and Loss Accounts. Additionally, they allow you to track inventory levels for each product and set re-order quantities. The templates can highlight products that require re-ordering and help identify the best-performing products. Proper inventory management involves monitoring purchase, sales, and stock of goods to ensure supply availability and avoid dead stock. This process includes purchase management, product storage, dispatching, reporting, sales monitoring, and stock movement analysis.