Inventory sheets and lists are very useful tools. You can use them to monitor item stocks which are important for the operation of a business. However, a lot of people find making an inventory list template a tedious task.

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Contents

• 5 Create your own inventory list template in Microsoft Excel
• 6 How to manage your inventory in business?

Luckily, you can download such a template here. Then, you can start using the template to benefit your business. Inventory forms and lists are very useful in different settings. You can use them at home, in school or even in professional settings.

An inventory list contains items which you need to restock periodically. You need to check these items regularly and update your inventory spreadsheet. Do this to make sure that you’re not running low on supplies.

In this article, you’ll learn a lot about inventory lists. Later on, we’ll even go through some steps in making an Excel inventory template. Read on to learn all this useful information.

Inventory List Templates

You can make an inventory form or list template to serve different purposes. They are very useful when you want to keep track of inventory items. You can download a template here and edit it according to your needs.

Here are some common types of templates you can download or create:

• Apartment inventory list template
• Area inventory list template
• Assets inventory list template
• Bar inventory list template
• Blank inventory list template
• Building inventory list template
• Business inventory list template
• Chemical inventory list template
• Furniture inventory list template
• Grocery inventory list template
• Home inventory list template
• IT inventory list template
• Laboratory inventory list template
• Medicines inventory list template
• Moving inventory list template
• Office inventory list template
• Packing list inventory template
• Pantry food inventory list
• Personal property inventory list template
• Restaurant inventory list template
• Stock delivery inventory list template
• Vehicle inventory list template
• Wedding inventory list template

These are just some examples of inventory sheets you can download or create. There are a lot more. If you want to make an inventory of something, all you have to do is come up with a template for it. Such templates will help you stay organized and updated when it comes to your inventory.

Inventory Spreadsheets

Benefits of using inventory forms

You can make different types of inventory lists. If you want to keep your home organized, create a home inventory list. On it, you can list all the items in your home. Either that or create a list of all the regular items you use in your home.

In doing this, you will know when you need to restock on those items. You can also create a personal property inventory if you live with other people. Do this so you can keep track of all your belongings.

When you decide to move, you can create a moving inventory. This will help you check if you’ve successfully brought all your items with you when you moved. These are some practical uses for inventory lists and forms.

Making such documents may prove to be very beneficial. Here are the other benefits of creating and using inventory list templates:

• With it, you can maintain a good balance of your inventory items

You won’t have to buy too many stocks when you don’t need to. Also, there’s a very low risk of running out of supplies. This is especially true if you keep your inventory updated.

You don’t even have to check your list every day. Just set a schedule for doing inventory so you can monitor your stocks efficiently.

• You can manage inventory turnover better

This benefit applies more to businesses. You need to maintain a high inventory turnover ratio. Do this so you can prevent your products from spoiling or becoming obsolete.

When you have a proper list, you will be able to analyze your product and stock patterns. This way, you can start using your resources more effectively.

• You can keep your customers satisfied

The best way to manage your inventory well is to use an inventory list. When you’re able to keep your inventory in check, you’ll be able to keep your customers satisfied.

With an inventory list, you will always provide fresh stocks to your customers. Because of this, they will always want to come back to your place of business.

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• It can help you plan more accurately

Whether you use the inventory list at home or at work, you can use it when you’re planning. Use the list to check your stocks and supplies regularly. This way, you can determine if it’s already time to purchase more items.

Also, when you plan to go shopping, you can make another inventory list. This will help you shop more efficiently and in a more organized manner.

• You can organize your stocks better

At home, you can use the inventory form to organize all your possessions and items. And when you need to find something, all you have to do is refer to the list. You can store your items in different places and note them on your list.

This will allow you to organize everything better. If you’re selling items, you can use the list to help you determine the top-selling items. You can also use it to find out which products customers usually order together.

This way, you can organize the items in your store to make it more appealing to customers.

• Use it to keep track of orders and items

If you periodically order items, you can create an inventory list for them. Then, you’ll be able to keep track of the orders when you receive updates. When you receive an item, you can note it on your list so you don’t have to follow-up.

The same goes for the items you already own. If you own items and stocks in different locations, inventory sheets become crucial. You can create different lists for different locations if you have to. Then you can monitor all your items more effectively.

• Save time and money

If you use such lists and templates to manage your inventory, you can save a lot of time. You don’t have to keep on counting items every day just to make sure you still have enough. Just check the list and keep it updated from time to time.

Aside from saving time, such lists can also save you a lot of money. When you know exactly what you need to buy, you don’t have to spend more than you need to. In a business, you won’t have to purchase items which don’t sell. Instead, you can buy items which you know fly off the shelves quickly.

Inventory spreadsheets may seem simple but as you can see, they are very beneficial. That’s why a lot of people and businesses choose to use these documents. Now let’s move on to some tips on how you can manage your inventory better.

Inventory Forms

Create your own inventory list template in Microsoft Excel

As you can see, inventory lists are very useful. If you want to have your own inventory spreadsheet, you can make them in 2 ways. First, you can download and edit a template.

Either that or you can make an Excel inventory template from scratch. Let’s look at both methods:

Download a template

• Launch Microsoft Excel and click on the search bar. You can find this at the top portion of the Excel window.
• Type “inventory list templates” and press enter. This action will give you a list of templates you can use for managing your inventory.
• Browse through the different templates and choose the one you prefer. Look at the different formats of the templates. Select the one which would suit your needs best.
• Preview the template first to get a good look at its format and features. If you don’t like the template, you can exit the preview by pressing the Esc button.
• When you’ve found one you like, click “Create” in the preview window of the template. Wait for the template to load before you can start editing.
• Once the template loads, type all your inventory information. If you want to change the information on a pre-filled cell, just double-click it. Then delete the information on the cell and type what you need to.
• After you’ve entered all the information, don’t forget to save your document.

You can also download your template from here and use it for your inventory needs. If you have more than one inventory list to make, create a folder for all your inventory files. This way, you can organize the files and find them easily when you need to.

Create a template from scratch

• Launch Microsoft Excel to open a blank sheet.
• At the top of the sheet, create the headers for your inventory list. You can create as many headers as you need to.
• Also, adjust the width of the columns as needed. Do this so you can read all the information without having to click on the cell first.
• Continue formatting until you’ve created a blank template. Then you can use it for different inventory lists.
• Once you’re done, save your document as a blank template.
• When you need to make an inventory list, open the file. Then you can start typing all the important information as needed. When you’re done, don’t forget to save the file under a different file name.

How to manage your inventory in business?

Aside from using inventory lists, there are other ways to manage your inventory well. Especially in businesses, a lot of its capital relies on the inventory. So great inventory management is truly crucial. Here are some pointers to guide you:

Planning your inventory

All businesses must learn how to plan their inventory. If you run out of popular or high-demand items, it would lead to losses. You can lose sales and customers because of this. This is the only reason why planning is the first and most important step.

You need to come up with a system wherein you can manage your items and keep them circulating.

Ideally, new inventory stocks and items must come before the old ones run out. In order to do this, you must assign people to keep track of all items in the inventory. No matter how big a business is, proper planning is key.

It may lead to successful inventory management.

Establishing your order cycles

A lot of businesses have what’s known as “busy seasons.” These are times in the year when specific items are in high-demand for weeks or months. Although you’d like to stock up on these items, they do carry a risk.

As soon as the season ends, you’ll get stuck with those items. To avoid this, you should establish proper order cycles. You should be able to find the balance for your inventory. You should be able to order enough stocks without exceeding the turnover.

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Keep track of these seasonal items so the next time around, you’re more prepared to deal with them. You should be able to predict order cycles so you don’t end up ordering too much or too little.

Balancing your stocks

In order to balance your stocks, you need to learn how to control your inventory. You should be able to maintain your high-demand items. At the same time, you should prevent the less-popular items from becoming obsolete.

Keeping track of your inventory

Finally, you need to keep track of your inventory at all times. You may plan and establish inventory management strategies well. But if you don’t apply them, they won’t help you. Make sure to keep track of your inventory constantly to keep yourself updated.

If you can’t do it, assign someone dependable in your organization to do it. You can keep track of inventory periodically or perpetually. When you do it periodically, you set a specific time to check and update inventory.

You can do this monthly, quarterly or yearly. Whatever numbers you come up with, you write them down on your inventory list. That way, you keep the document up-to-date.

If you do your inventory perpetually, you need to keep track of stocks at all times.

This is an ideal method for businesses which sell goods and merchandise. You keep track of items you sell, purchase, and those returned to you. You’ll keep an inventory list updated in real-time.

Track your inventory in Excel, like a pro.

Sometimes it’s really hard to track stock or inventory in a normal spreadsheet.

And you do need a template which can help you to track your stock effectively.

So if you are searching for an Excel inventory management template which can help you track your stock easily then you are landed on a right place.

For me, it’s an honor to tell you that here I have an amazing template in which you can track your inventory easily.

This is an automated template which will help you to save your a lot of time.

As all the formulas and data sheet are already arranged this way that you don't need to do anything.

It’s simple, quick and easy to use and I’m sure you’ll love it.

Here all the important insights are in a single sheet. And, you don’t have to worry about updating it again and again.

These insights will get updated in real time, as soon as you add new data. This dashboard will help you to track following important insights.

This figure is the current stock units as on date. It will update with every single entry done by you for stock-in and stock-out. It will calculate by deducting stock-out from stock-in.

Stock value is the total value of the current stock after deducting stock out from stock in. It’s calculated by using the unit price of each product.

Stock In is the units you have entered in stock-in data in the current month. If you are using pro version you can use the drop down to check stock in quantity for previous months as well.

This section will show you the stock-in units which you have returned back to suppliers. In pro version, you can track them supplier wise.

Stock Out is the units you have entered in stock out data in the current month. Using the drop down menu, you can check for other months as well.

This section will show you the stock-out units which your customers have returned back to you. In pro version, you can track them customer wise.

Current stock value is for each product category. You can specify the category for each product in product master sheet.

This part of the dashboard will show you product’s current stock and value.

It will also tell you about the re-order level of a product. And, you will get an alert message if the stock level is less than re-order level.

There is a drop down to select different products.

User Forms

You can use these user forms to enter data. I have managed user forms in this way that you have to enter minimum data.

Here are the things you can capture with these user forms.

By using this user form you can create a new product.

The best part is we are using data from product master to fill another user forms with minimum data.

Whenever there is new stock, you can enter that stock using this user form. In this user form, you just have to insert the product name (using drop down list), supplier name, and quantity.

It will get the rest of the data from your product master sheet.

Use this user form to enter stock out data. All you have to enter, product name, customer name and quantity. /download-game-kamen-rider-blade.html.

Rest of the data will be captured from product master sheet.

In Pro Version, you can also generate invoices.

With invoice generation sheet you can instantly create invoices & track data into the sheet. It just works like stock out user form, but specifically for invoices.

You can create a proper invoice with all the customer details & further you can also generate a customer report as well.

This form stores data into the same sheet where you have stock-out data.

Data Sheets

You can access the data sheets where entire data will capture from user forms. Every entry in user forms has a serial number which you can use to refer it.

Product Master

Product Master is the most important sheet in this template. Your all products will be listed here with details.

Stock In Sheet

Stock In sheet will contain your entire stock-in data. Each entry is captured with a unique serial number, and you can use that serial number to refer to a specific entry.

And, if you are using pro version, the stock-in return will also be captured here in this sheet.

Stock Out Sheet

Same like stock-in sheet stock-out will contain entire stock out data. You can enter your data in this sheet using stock out user form. Entries in this form are also captured with a unique serial number.

And, if you are using pro version, stock out return will also be captured here in this sheet.

Customer Details [Pro]

You can enter customer details in this sheet which will further use in stock out user form to track customer wise stock details.

Supplier Sheet [Pro]

You can enter supplier details in this sheet which will further use in stock in user form to track supplier wise stock details.

Reports

In this template, all the major insight are on the dashboard. But, you can also extract the following reports.

Stock Report

This stock report will be generated from your product master sheet. It will give you the complete summary for the current stock.

Customer Wise Stock Out [Pro]

You have the option to create a customer wise report with pivot table for stock out. It will show you the quantity and values of stock out.

Supplier Wise Stock Out [Pro]

You also have the option to create a supplier wise report with pivot table for stock out. It will show you the quantity and values of stock in.

Product Wise Current Stock [Pro]

In 1-click you can also generate a product wise current stock report. It will show you the product wise quantity and value of current stock.

Instructions

This template is user-friendly and easy to use, and here are some instructions to follow which will help you to use this template effectively.

Menu Button

This template has a dynamic menu bar which has all the option buttons on it. You can call it anytime using this menu button.

From this menu bar, you can navigate to any of the data sheets, user forms, and generate reports.

Use back button at the top of the menu bar to go to dashboard

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Entering Data

As I have already mentioned that you have user forms to capture your data. And, data from each user from will be captured into a separate data sheet.

In user form, after entering your data, click on enter button to save the entry.

Things to Avoid

1. Do not change the name of any worksheet.
2. Do not delete any worksheet.
3. Do not add or remove any cell, row, or column in the user form.

1. You can create your pivot table from data sheets (available in pro version).
2. You can take print out of your dashboard.
3. Before using this template make sure to enable macros in excel.

• Dashboard
• Stock In Form
• Sto​​​​ck Out Form
• Stock Report
• Stock Return
• Invoice Creator
• Supplier Report
• Customer Report​
• Developer Code

• Dashboard
• Stock In Form
• Sto​​​​ck Out Form
• Stock Report
• Stock Return
• Invoice Creator
• Supplier Report
• Customer Report​
• Developer Code

• Dashboard
• Stock In Form
• Sto​​​​ck Out Form
• Stock Report
• Stock Return
• Invoice Creator
• Supplier Report
• Customer Report​
• Developer Code