Author : Alma M. Bradley.
Published : Tue, Apr 16 2019 :10 AM.
Format : jpg/jpeg.
The templates are also useful for the staff members of an organisation who need to send the inventory data to the management of the organisation. Thus to keep the stock of the company in check and to avoid any mishaps the inventory templates are extremely useful.
The template is for companies who have warehouses and put their raw materials in bins of different sizes in different bin locations. The template has three tabs—Inventory List, Inventory Pick List, and Bin Lookup. The Inventory List tab tracks the quantity of SKUs in different bins and locations and flags SKUs that need to be reordered. The Inventory Pick List tab allows users to easily locate where to pick up an item and the quantity of the item. The Bin Lookup tab acts as a bin database where information such as size, location and bin number are stored.
Stock-outs, on the other hand, can be disastrous for a business. It may delay the production process and turn away clients. Overstocking must also be prevented. When the number of stocked articles exceeds the requirements, it can be a burden on a company’s finances. Therefore, a well-organized inventory creates a balance between a firm’s requirements and the production.
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There are several ways available for inventory management. Software tools make the whole process highly sophisticated. Many inventory superintendents turn to Microsoft Excel sheets for a simplified and straightforward management. This software program offers extreme versatility in the form of a highly developed business tool.
Why the trend? Businesses and organizations are automating data capture by tracking and updating inventory data in real-time through bar code scanning or image capture. What does an Excel spreadsheet have to do with this? Well, it’s actually a great starting point for creating an app that automates the inventory management process for you. My recommendation: Start with a spreadsheet and turn it into an app using an app maker platform like AppSheet’s. Of course, we’re not the only platform out there but we’re the only one that can easily take a spreadsheet and turn it into an app!