Track all the products and items that come through the door with the inventory template. The solution helps track what matters, whether the issue is stock wastage, finance, audit, insurance or improved management.
Owner – May refer to the owner or direct representative of the business, house or area.
Inventory Manager – Person in charge of managing the inventory. The inventory manager may be the same as the owner.
Major Insurance – Space to provide information about the major insurance used to protect the inventory. Some organizations may have multiple insurances, for this purpose, only use the major, most relevant provider. Consider having an insurance management template in case multiple insurances are needed.
The table is where every inventory activity is managed and kept. It is divided into four segments, acquisition, quantity, value and miscellaneous.
Acquisition – Provides key information on an inventory purchase, helping to answer some of the what, why, when, who of each inventory item.
Quantity – Number of items acquired, added or left in the inventory.
Value – Used to determine the value of the inventory at the time of the acquisition and inventory checks.
Miscellaneous – Additional information used to process inventories.
Below is an example of how the inventory template can look like once it is filled.
For those in need of a physical copy of the inventory template, be sure to open the file, connect the electronic to a printer and click CTRL+P or File->Printer.