This is a Microsoft Excel spreadsheet template that allows small business owners and inventory management professionals to track sales and inventory also be automatically alerted when reordering is necessary. Most Excel based inventory list spreadsheet are just for the inventory managing and tracking, the beauty of this spreadsheets is combine the sales and inventory data into one sheets, it will record and update your inventory level based on your inventory input and sales output data. It will tell you the latest inventory that you have, it will generate view automatic alerts when the inventory level lower than the re-order point. We calculate the Re-order point and get the optimal order quantities by using the build in EOQ model. It help the business owner easy to management their inventory items with the in to an optimal model, and cut down the business cost.
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