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If you’re running any kind of business trading in tangible commodities, you need a way to track your inventory. Your inventory is your capital investment, and to make sure you’re getting all the revenue you can leverage from it, you have to keep a close eye on its movements from manufacture to warehousing to another supplying. You likely understand this but have no idea how to get on top of all the details, especially if you had a small business that’s now experiencing fast growth.
These inventory management planning tools can help you out. Download a free Inventory Template from this list today and get control of your business.
It is simply the management of your inventory. Your inventory is any capital asset or stock item that you can generate revenue from. Without a way to properly monitor what is being bought, sold, stored, and relocated, there is a chance you’re letting money fall through the cracks.
You are either
Wherever you are in the supply chain, if you have inventory under your responsibility, you will need to manage it well.
You might already have some sort of primitive checklisting system going on, but without a comprehensive Inventory Control Template, you’re not going to stay on top of the game, and you’ll definitely not be able to handle more inventory when you get it.
Most people think an Inventory Template should only deal with tracking
This is the most obvious process dealing with inventory, and if you can find a good inventory tracking spreadsheet you will have this level of operations running smoothly.
But it’s not enough to just keep track of inventory at the current level of operation. You also need a plan to encourage growth and development and perhaps a way to streamline the process you already have or optimize certain areas of your tracking.
That’s when you will need an inventory management plan.
These templates focus on the management aspect of inventory control rather than the operational moving-and-shaking of the inventory. They present plans for inventory management at the higher organizational level. Formulate a plan to manage your inventory and you will benefit the whole top-down process.
If you’re looking for the bottom-line inventory tracking tools, we stock templates for those as well.
If you’re convinced or yet to be convinced about the need for managing your inventory tracking process at a higher level, these samples of a functional Inventory Management Template will show you how it’s done. It will also give you a good idea of why it’s done and what factors need to be considered.
Download any or all of them as free PDF files and use them as references. Learn what you can be doing differently to make your role in the supply chain a valuable and profitable one.