Author : Emily H. Exley.
Published : Tue, Apr 30 2019 :6 AM.
Format : jpg/jpeg.
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.
Spreadsheets are a vital tool in tracking and managing inventory for all sizes of business. Using Excel or Google Sheets to manage your inventory is a low-cost, and straightforward way. Although some large companies prefer to use advanced inventory software, it can be quite costly and complicated to introduce these kinds of systems.
All you need to choose an appropriate excel inventory sheet template from web and modify its elements business details and other inventory information to have an accurate idea about what you have in your business or personal inventory. Business organizations and companies use different inventory sheets to stay organized about different types of inventories such as raw material inventory, inventory of goods in process, finished goods inventory and stock in company warehouse etc.
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It may include assets of the company, machinery, raw material, finished goods on hand and goods in process etc. efficient inventory tracking means a business a lot because all operations or activities of a business or company totally depends on inventory.
The new and improved free inventory spreadsheet templates provide an infinitely better control and management of you inventory. With options like one click entry and macros less excel sheets, these business inventory spreadsheets are smart choices to boost your management.With the ready to use blank inventory spreadsheet template for excel one can get approximately 10 customizable categories. The data fields are also completely customizable with respect to size, merging, font etc.