Download free excel template for inventory management dashboard. This template is useful for procurement specialist, business owners, inventory specialist, store owners, store keepers and consultants. This is a easy to customize and free to download excel template.
About Inventory Management Dashboard Excel Template
Once you download this template, you will find the following worksheet,
- Product Data
- Input Sheet
- Output Sheet
- Calculation Sheet
- Dashboard
Every worksheet in the template file is communicating with one another. Hence, we advise to understand the workflow of information in this excel template carefully before making any changes.
In the product data, you will be required to fill information like product description, group of product, unit price, optimal quantity, minimum quantity, current stock, stock value, minimum re-order level. This sheet directly computes some of the fields like current stock, minimum re-order level, status of inventory and percentage of optimal capacity. Refer the screenshot below for more understanding.
In the input worksheet, it captures all the details of incoming material, namely, procurement data. Also, you will have to capture transaction ID, date of purchase, product name, group, unit price, unit received and total amount. Fields have automatic calculation as well. Refer screenshot below – 
In the output worksheet, it captures details of sales like units sold. Actually, for any inventory manager, the quantity of stock moving in and moving out should be adequately captured and logged. These worksheet also works as a tracker for purchase and sales as well.
In the calculation worksheet, there is nothing much to do. To be honest, all the purchase, product information, sales data is collated and certain pre-defined computation is conducted. It takes into account each and every information provided in the previous worksheets.
Finally, the dashboard worksheet. Also, You can filter out the data using calendar month selector in the dashboard. Your dashboard is informative and provides you with information like –
- Items available in stock,
- Total inventory value,
- Group wise inventory value,
- Month wise Purchase Items,
- Month Wise sales items,
- Article wise Optimal stock and reorder stock,
- Items with Critical Stock,
- All items stocks levels,
All the above metrics are useful in maintaining a good Key Performance Indicator (KPI) while managing inventory. You can customize the dashboard with more metrics and information as well.
Download and use Inventory Management Dashboard Excel Template
To use this free excel inventory management dashboard template, you should have Microsoft Office/ Microsoft Excel installed in your system.
After installing Excel or Spreadsheet, download the zip file of this template, extract the template using WinRAR or 7Zip or BUY WINZIP decompressing software.
Once extracted, you can open the file using Excel and start entering data or customizing the template.
