Warehouse Inventory is a free excel inventory information based template allows users to track and maintain inventory bin locations within a warehouse. It includes the ability to print a pick list, be flagged when its reorder time, retrieve information on specific bins, and keep track of inventory value.
Why is warehousing and inventory management important ?
Whether you stock goods for sale or supplies to operate your day to day business, controlling your inventory can improve your bottom line and operating effectiveness. Also, Inventory and its management can be one of your largest expenditure in a business, right behind payroll. Thus, If you make sure you only store what you need when you need it, you can keep more of your cash for investing in your business growing it.
No matter what warehousing and inventory system you use, it should accomplish some basic functions required for the business.
Inventory Management is important because of the following points ;
- Quality Control
- Tracking Losses
- Timing Purchases
- Retrieval and Order Filing
Using this free excel template you can organize your inventory in a warehouse easily. Modification can be done in this template as per your requirement.