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Inventory Tracker Template for Excel

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Inventory Tracker Template for Excel

This inventory tracker template for Excel keeps stock on hand, unit cost and stock value for every item in one sheet. When an item drops to its reorder level, the status changes to Reorder and the sheet suggests how many units to order, while a summary strip shows total units, total value and items to reorder.

Format
Excel, Google Sheets
Opens in
Excel, Google Sheets, LibreOffice and Numbers
Topic
Operations
Publisher
ProTemplates
Price
Free
Inventory tracker stock value reorder status

What’s inside

  • Item list with SKU, category, supplier, quantity and reorder level
  • Stock value per item and in total
  • Automatic Reorder status and suggested order quantity
  • Summary strip with item count, units, value and items to reorder
  • Filters by category and supplier

How to use it

  1. Add each item with its SKU, supplier, quantity on hand, reorder level and unit cost.
  2. Update quantities after each delivery or stock count.
  3. Filter by Status to see what needs reordering.
  4. Use the suggested order as a starting point for purchase orders.

FAQ

How do I choose a reorder level?

A simple rule is the units you sell during your supplier’s delivery time plus a safety margin. Fast sellers need a higher level.

Why does the suggested order top up to twice the reorder level?

It is a simple default that keeps a buffer above the trigger point. Change the formula if your suppliers have minimum order quantities.

Can several people update it?

Upload it to Google Drive and open it in Google Sheets to edit together in real time.