Inventory Management Has Never Been Easier
Over the last two years, we’ve seen tremendous growth in the number of inventory management use cases with no end in sight.
The Inventory Management App has the following powerful features:
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!
If you are considering making an inventory app on your own, you will need to begin the process with a spreadsheet and there are some great Excel inventory management templates. The following sections describe some free inventory management excel templates that can help you get started. Of course, you can just use the templates and adopt them to your own business needs or you can turn them into apps—it’s up to you!
Never tracked inventory but want to start tracking it now? This easy-to-get-started template has all the key items you need to track. It’s made up of three tabs:
Of course, to meet your business needs you can add or update columns. For example, to manage reordering, you can add columns for reorder levels and reorder quantities.
Copy the excel template and the app, and customize your own way. If you want to learn how the app was made, read this blog.
This template works for any business that purchases raw materials, manufactures in-house and then sells products to customers. For example, a bicycle producer, a furniture manufacturer or even a car company.
This template is made up of three main tabs—Sales, Parts and Inventory. Orange columns allow you to enter data. Based on that, the template calculates and auto-fills data.
In the Sales tab, you enter Sales_Quantity and the template calculates Sales Quantity per day and send the data to the Inventory table.
In the Inventory tab, the template auto-generates Initial Stock and Daily Inventory. Initial Stock is equal to the previous day's inventory. Daily Inventory is equal to Initial Stock plus Daily Production minus Daily Sales.
Bonus: I converted this spreadsheet into a mobile app. You can use it on iOS and Android devices. The app fosters team collaboration—manufacturing team, sales team and warehouse inventory team can enter data simultaneously. It allows inventory managers to check inventory data anywhere and any time. It eliminates data entry errors and data migration errors from paper to computers. It enables sales managers, production managers and inventory mangers to pull historical data, conduct analysis and make decisions on that.
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.
This app can replace paper logging of product inventory, for quicker input, real time analysis of stock levels and alerts when items require a check or re-order.
These are just some of my favorite Excel templates for inventory management. You can use them as is OR easily create your own apps. Check out our sample inventory management apps here and here—and note, they were all made from spreadsheets!
If you have other favorite Excel templates, let me know by submitting a comment or tweet. I'm always looking for templates to add to this list!
Ready to take your inventory tracking to the next level? Copy the following app and customize in your own way!
Gwen is a marketer with AppSheet. Prior to AppSheet, she was a digital marketer, a journalist and editor, a translator, and a college teacher. She has a master with Duke University in Environmental Science and an MBA with University of North Carolina Chapel Hill.