INVENTORY SHEET TEMPLATE SOFTWARE

It’s incredibly helpful for manufacturers to include photos of each piece of inventory to accompany their inventory list. On a sheet of paper (though this method is not recommended).Using an inventory spreadsheet-we’ve included a template later in this article.

INVENTORY SHEET TEMPLATE SOFTWARE

Via inventory management software (or an inventory app).

You can create this list in three different ways: This list should be a detail-rich, comprehensive database of every last item your manufacturing company keeps on hand. Once you’ve organized inventory to streamline both daily manufacturing operations and inventory management, you’re ready for the next step: making an inventory list. In other words, place your most popular items where they’ll be easy to reach-and use the least convenient storage areas for items needed relatively infrequently. In fact, the smartest inventory storage offers easy, frictionless access to the inventory with the highest turnover rate.

After all, you can’t truly begin to inventory what you have on hand until all of your physical stock is logically organized and in the right location.ĭon’t be afraid to rethink how, where, and why you store certain items. This first step is critical to setting up inventory control in your manufacturing business. If managing your manufacturing inventory feels downright impossible, these five simple steps can help make your inventory management processes less stressful and more efficient. This article will touch on five key steps to managing manufacturing inventory, then provide you with a manufacturing inventory template that’s perfect for getting started.įive steps to managing manufacturing inventory

That’s why so many manufacturers implement inventory management systems-there’s simply no better way to keep an eye on all that inventory. If your business is in the manufacturing industry, you already know how challenging inventory management can be.Īfter all, you’re not just tracking one kind of inventory, but four types of inventory : raw materials, work in process, finished goods, and maintenance and overhaul items.

Inventory sheet template