So when you receive inventory you will record that as one record.
What does that mean and why does it matter?Įach event should have its own line of data. It’s worth noting that this template is intended to be used in a historical format. This is a simple and efficient template for inventory management - because Excel can only do so much. If you’re looking for a free and flexible inventory management tool (one that also has a dashboard!) for Microsoft Excel or Google Sheets, you’ve come to the right place. So we thought, ‘who better to bring this system to you than the guys who wrote the book on Inventory Management’? Perhaps you just want to see what additional metrics you should be tracking? That’s cool too. But regardless, you should be using some type of system or process to track your inventory. We totally understand that some retailers may not be ready for advanced retail software like RetailOps.