Stock Inventory Control

Company: XYZ Company Current Inventory Total On Order Total Backorder Total
Date: 4/9/2021 $ 500,000.00 $ 250,000.00 $ 125,000.00
[42]

Item Information Storage Information Purchase Information Current Inventory In Stock On Order Backorder
Inventory ID/ Make/ Supplier Part Reorder Leadtime Reorder Reorder Expected Expected
Name Description Category Status Area Shelf/Bin Supplier Price Units Qty Value Qty Value Date Qty Value
Part Number Buy Number Level (days) Qty Level Delivery Delivery
12123-32 Super Widget Our coolest widget ever Widgets Pre-production Area 1 Shelf 10 Make XYZ Company NA $ 250.00 Each 2000 30 500 2000 $500,000.00 3000 1000 $250,000.00 9/1/2011 10/5/2011 500 $125,000.00 11/15/2011

12145-39 Awesome Gizmo Great gizmo to sell 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

Inventory Control Spreadsheet © 2011 by Vertex42.com

Stock Inventory Count Sheet
Company: XYZ Company
Date: 4/9/2021
Performed By: Bob Jones Signature

Item Information Storage Information Purchase Information Actual Inventory

Inventory ID/ Supplier Part
Name Description Area Shelf/ Bin Supplier Units Qty Location Shelf/ Bin Qty Location Shelf/ Bin Qty Location Shelf/ Bin
Part Number Number

12123-32 Super Widget Our coolest widget ever Area 1 Shelf 10 XYZ Company NA Each

12145-39 Awesome Gizmo Great gizmo to sell Area 2 Shelf 1 ABC Company A232 Box
 Inventory ID/ Supplier Part
Name Description Area Shelf/ Bin Supplier Units Qty Location Shelf/ Bin Qty Location Shelf/ Bin Qty Location Shelf/ Bin
Part Number Number
Inventory Control Spreadsheet © 2011 by Vertex42.com
 Inventory
Company: XYZ Company

Date Location

Raw Material Process

Finished Supplies

Part No. Price Units Material

Description

Counted By Checked By
Supplier List

Supplier Name Product Product Link Description Price Lead Time Contact Name Email Phone # Fax # Street Address City, State ZIP
(website) (days)
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.

Not for Resale or Public Sharing

You may make archival copies and customize this template only for your personal use or use
within your company or organization and not for resale or public sharing.

You may not remove or alter any logo, trademark, copyright, disclaimer, brand, terms of
use, attribution, or other proprietary notices or marks within this template.

This template and any customized or modified version of this template may NOT be sold,
distributed, published to an online gallery, hosted on a website, or placed on a public
server.

Limited Private Sharing

Provided that you observe the above terms, you may share your edited version of this template
*privately* with those specific people who **require** access to it within your immediate family,
organization, or company.

* "Privately" means only accessible to those few people who you expressively give permission to
view or edit your file. It is your responsibility to ensure that adequate security measures are used
so that your file is not available to the public.

** Examples of acceptable private sharing with people who "require access" may include (a)
sharing a budget spreadsheet with a spouse, (b) sharing a project schedule with your project team,
or (c) sharing a timesheet with your employee or manager.

See the following page on Vertex42.com for the complete license agreement and examples of
other allowed uses:
http://www.vertex42.com/licensing/EULA_privateuse.html
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.