Inventory-control.xls 324w4p

Stock Inventory Control Company: Date:

XYZ Company

Current Inventory Total

On Order Total

$ 500,000.00

$ 250,000.00

11/10/2013

Backorder Total

$ 125,000.00 [42]

Item Information Inventory ID/ Part Number

Storage Information Description

Name

Category

Status

Area

Shelf/Bin

Purchase Information Make/ Supplier Part Supplier Buy Number

Price

Reorder Leadtime Units Level (days)

Current Inventory In Stock On Order Reorder Reorder Value Qty Value Qty Qty Level

12123-32

Super Widget

Our coolest widget ever

Widgets

Pre-production

Area 1

Shelf 10

Make

XYZ Company

NA

$

250.00

Each

2000

30

500

12145-39

Awesome Gizmo

Great gizmo to sell

Widgets

Released

Area 2

Shelf 1

Buy

ABC Company

A232

$

325.00

Box

1000

15

200

12324-23

Cool Thingamabob

Old Thingamabob

Widgets

Obsolete

Buy

123 Company

A34-23-123

$

232.00

Each

1200

Inventory Control Spreadsheet © 2011 by Vertex42.com

2000

$500,000.00

3000

1000

Backorder Date $250,000.00

9/1/2011

Expected Delivery 10/5/2011

Qty 500

Value $125,000.00

Expected Delivery 11/15/2011

Stock Inventory Count Sheet Company: XYZ Company Date: 11/10/2013 Performed By: Bob Jones

Item Information Inventory ID/ Part Number

Signature

Storage Information Description

Name

Area

Shelf/ Bin

Purchase Information Actual Inventory Supplier Part Supplier Units Location Qty Number

12123-32

Super Widget

Our coolest widget ever

Area 1

Shelf 10

XYZ Company

NA

Each

12145-39

Awesome Gizmo

Great gizmo to sell

Area 2

Shelf 1

ABC Company

A232

Box

Inventory Control Spreadsheet © 2011 by Vertex42.com

Shelf/ Bin

Qty

Location

Shelf/ Bin

Qty

Location

Shelf/ Bin

Inventory Company:

XYZ Company

Date

Location

Part No.

Price

Units

Counted By

Checked By

Description

Raw Material

Process

Finished

Supplies Material

Supplier List Supplier Name

Product

Product Link (website)

Description

Price

Lead Time (days)

Name

Email

Phone #

Fax #

Street Address

City, State ZIP

Instructions Help

© 2011 Vertex42 LLC

1. Starting with the Inventory Control worksheet tab, enter your parts or line items, one per line. Include a name, description and other information. 2. Choose a status for the item. If a part becomes obsolete, change it's status to Obsolete. You can even hide the row. 3. Include informaiton about the storage location of the parts - typically an area within the facility and a shelf or bin. 4. Include purchase information for the item such as supplier, supplier part number, price and ordering/counting units. 5. Set a reorder point for the item. Experience and time will help you optimize this number. 6. Keep track of your actual inventory. Make sure to detect inventory as you use it. - Even with good record keeping, it is necessary to do a physical count periodically (monthly, quarterly, yearly). Use the Count Sheet tab to help with this. - Copy the first few rows of your inventory over to the count sheet. Print out copies of the sheets. Have the counters count all the items in stock and return the signed count sheets to you. Use these sheets to update your Current Stock number - Use the inventory labels to label stock when it is received and stored. This will help people locate the stock when needed, especially during a physical count. 7. When an order is placed, put the information including qty and expected arrival date in the On Order section. This way you won't order duplicates of items. 8. If an item is on backorder, use the Backorder section. This will remind you of potiential supply issues. If this section is not applicable to your business, simply hide the columns. 9. The Inventory Control sheet will tell you when to order new units based on your inventory count and reorder point, by highlighting the reorder point red.

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