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Stock Inventory Control: XYZ Company
Stock Inventory Control: XYZ Company
Stock Inventory Control: XYZ Company
Company:
Date:
XYZ Company
6/17/2015
$ 500,000.00
On Order Total
Backorder Total
$ 250,000.00
$ 125,000.00
[42]
Item Information
Inventory ID/
Part Number
Storage Information
Name
Description
Status
Current Inventory
Price
Units
Reorder Leadtime
Level
(days)
Reorder
Qty
Area
Shelf/Bin
12123-32
Super Widget
Widgets
Pre-production
Area 1
Shelf 10
Make
XYZ Company
NA
250.00
Each
2000
30
500
12145-39
Awesome Gizmo
Widgets
Released
Area 2
Shelf 1
Buy
ABC Company
A232
325.00
Box
1000
15
200
12324-23
Cool Thingamabob
Old Thingamabob
Widgets
Obsolete
Buy
123 Company
A34-23-123
232.00
Each
1200
Category
Purchase Information
Make/
Supplier Part
Supplier
Buy
Number
Qty
2000
Value
$500,000.00
On Order
Qty
1000
Backorder
Value
Date
$250,000.00
9/1/2011
Expected
Delivery
10/5/2011
Qty
500
Value
$125,000.00
Expected
Delivery
11/15/2011
Item Information
Inventory ID/
Part Number
Signature
Storage Information
Name
Description
Area
Shelf/ Bin
Purchase Information
Actual Inventory
Supplier Part
Supplier
Units
Qty
Location
Number
12123-32
Super Widget
Area 1
Shelf 10
XYZ Company
NA
Each
12145-39
Awesome Gizmo
Area 2
Shelf 1
ABC Company
A232
Box
Shelf/ Bin
Qty
Location
Shelf/ Bin
Qty
Location
Shelf/ Bin
Inventory ID/
Part Number
Name
Description
Area
Shelf/ Bin
Supplier
Supplier Part
Units
Number
Qty
Location
Shelf/ Bin
Qty
Location
Shelf/ Bin
Qty
Location
Shelf/ Bin
Inventory
Company:
XYZ Company
Date
Location
Part No.
Price
Units
Counted By
Checked By
Description
Raw Material
Process
Finished
Supplies
Material
Supplier List
Supplier Name
Product
Product Link
(website)
Description
Price
Lead Time
(days)
Contact Name
Phone #
Fax #
Street Address
Instructions
Help
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.
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