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Inventory Reordering Tracker   Excel template (XLSX)
$45.00

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Inventory Reordering Tracker (Excel XLSX)

File Type: Excel template (XLSX)

$45.00
This Accounting tool was crafted by an Accountant and Financial Modeler with over 10+ years of global experience. He has served 750+ clients, from small family offices to billion-dollar corporations, across a multitude of industries.
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DESCRIPTION

This product (Inventory Reordering Tracker) is an Excel template (XLSX), which you can download immediately upon purchase.

If you are an inventory manager and what a quick spreadsheet tool that tells you what items are likely to need reordering in priority of days until reorder point, this tool should help.

This template is designed to keep track of many inventory SKUs. The main benefit is in organization and logic to look at lead times / current inventory / expected sales / safety stock and then spit out a date in the future that inventory is likely to need to be reordered by so that you don't run out.

There is as much automation around the calculations as possible and based on the user inputs, this template lets the user easily manage various frequencies that things need to be reordered and what is or should be upcoming based on the current state of inventory and expected sales.

There is a Google Sheet version (link on the ‘instruction' tab) that has a little more automation in the filtering of data and formulas. One of the features that both the Excel and Google Sheet version have is that you can define the number of days until reorder is triggered to happen and see all SKUs that meet that criteria. This makes it easy to see what is coming up in the next 5 days, 10 days, 30 days, etc.. and you can define the number of days that each filter runs for.

The following is a data input:

•  SKU/NAME
•  On-Hand Units
•  Reorder in ‘x' days (formula)
•  Inventory Level to reorder (formula)
•  Required Reserve (safety stock)
•  Start Date / End Date / Total Sales (for forecasted sales per day expectation)
•  Lead Time (days)
•  Current Date (auto-populated with formula)
•  Expected Order Date (formula)
•  Order ‘x' of Reorder Level
•  Amount to Order (formula)

Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Best Practices in Inventory Management Excel: Inventory Reordering Tracker Excel (XLSX) Spreadsheet, Jason Varner | SmartHelping


$45.00
This Accounting tool was crafted by an Accountant and Financial Modeler with over 10+ years of global experience. He has served 750+ clients, from small family offices to billion-dollar corporations, across a multitude of industries.
Add to Cart
  

OVERVIEW

File Type: Excel xlsx (XLSX)
File Size: 42.3 KB

ABOUT THE AUTHOR

Additional documents from author: 163

I graduated in 2011 with a Bachelors degree in Accounting. From there, I worked at a few small businesses doing financial reporting and some bookkeeping. After a few years of that, I started doing freelance financial consulting work on Elance and Upwork.

After over 400 jobs completed with a 100% success rate, I now run my own modeling/consulting practice and continue to build new financial models every few weeks. [read more]

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