Professional Documents
Culture Documents
Company: Date:
On Order Total
Backorder Total
$ 250,000.00
$ 125,000.00
[42]
Category
Widgets Widgets Widgets
Status
Pre-production Released Obsolete
Area
Area 1 Area 2
Shelf/Bin
Shelf 10 Shelf 1
Price
250.00 325.00 232.00
Current Inventory In Stock On Order Reorder Reorder Value Qty Value Qty Qty Level
500 200 2000 $500,000.00 3000 1000 $250,000.00
Backorder Date
9/1/2011
Expected Delivery
10/5/2011
Qty
500
Value
$125,000.00
Expected Delivery
11/15/2011
Area
Area 1
Shelf/ Bin
Shelf 10
Purchase Information Actual Inventory Supplier Part Supplier Units Location Qty Number
XYZ Company NA Each
Shelf/ Bin
Qty
Location
Shelf/ Bin
Qty
Location
Shelf/ Bin
Area 2
Shelf 1
ABC Company
A232
Box
Inventory
Company:
XYZ Company
Location Raw Material Finished Process Supplies Material
Date
Part No.
Price
Units
Description
Counted By
Checked By
Supplier List
Supplier Name Product Product Link
(website)
Description
Price
Lead Time
(days)
Contact Name
Phone #
Fax #
Street Address
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.
Terms of Use
2011 Vertex42 LLC. All rights reserved. This template is considered a copyrighted work under the Unites States and other copyright laws and is the property of Vertex42 LLC. The items listed below are additional points to help clarify how you may use this template.
Disclaimer
This template is provided for informational or educational use only and is not intended to be relied on as medical, financial, legal, or other professional advice. Vertex42 LLC makes no guarantee or representations about this template, or the accuracy or completeness of the content contained within this template. Vertex42 LLC encourages you to seek the aid of a qualified professional before making decisions regarding health, financial, or legal issues.