Author : Rebecca D. Crowe.
Published : Wed, May 15 2019 :1 AM.
Format : jpg/jpeg.
A well-organized inventory is necessary for running business operations smoothly. It leads to a trade-off maintained between carrying costs and ordering costs. As a result, a company’s profitability is enhanced since the overall cost of the inventory is minimized. In addition, proper management also facilitates the maintenance of adequate stock. This is vital for smooth production.
Many companies possess an inventory which consists of a stock of goods. These goods may be articles for sale. Alternatively, it may be material or equipment required for production. In short, a firm’s inventory may consist of finished products, raw material or partly finished goods which are in the process of being manufactured. In all cases, this storage is of great value. It is an investment made by business owners and shareholders. Therefore, the importance of inventory management and control is immense due to several reasons.
Every inventory needs to keep a record of the goods received, stored and delivered. This simple yet formal spreadsheet that comes in white and royal blue is a great pick. It helps you keep track of the sales making the inventory management easy. It can be used in inventories of equipment, food, chemicals, grocery and other assets.
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Inventory spreadsheet can be made in Microsoft excel but it may take much time when someone is making it for very first time. Apart from the size or nature of business you are running, feel free to download our inventory tracking spreadsheet template to make your own inventory tracking spreadsheet in Microsoft excel.
Jot down details and information about inventory available in the ware house or store of the company by using these inventory list templates. Through this way you can save a lot of your time as well as efforts when listing down items and goods available in the inventory of business or company. These inventory list templates have great excel editing features and lets a user to modify several elements as per business needs or requirements. Most of them are downloadable and others are inventory list template examples.