Author : Ursula Achen.
Published : Thu, May 2 2019 :7 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.
With multiple views and rollup filters, it is a cinch to compare the performance of each product. If you want to consolidate your manufacturers, you can quickly compare which ones have been the most profitable. Flexible enough to be used by small businesses as well as large businesses with multiple warehouses and dozens of manufacturers, you can count on this template to support you as your business expands.
This is so much more than just inventory software as it securely monitors customer payments to make sure they are correct and are received in a timely fashion. The good inventory control software offers the ability to generate an overall or customized report on the performance and standing of a business with great ease.
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Inventory control is about discipline and data. Spreadsheets are one of the most popular ways to manage inventory for early-stage retail businesses. We thought we’ll share a simple inventory management spreadsheet template for you to understand and manage your stock better.
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.