12+ Warehouse Inventory Templates (Free Examples & Samples in Excel)

Warehouse inventory can be defined as the sum total of all related activities, storage, raw materials, and essentials for procurement that the company owns before a sale. It is the inventory that converts to revenue after a sale and comprises of the products, raw materials, work-in-progress goods and finished goods.

Here are some warehouse inventory templates and examples to help you in better understanding.

Agriculture Warehouse Inventory

Bonded Warehouse Inventory

Books Warehouse Inventory

Vendor Item List Warehouse Inventory

This is a list that allows you to link an item in the warehouse to a specific vendor. This ensures that you are able to view a particular vendor’s item number for a purchase order. The vendor item on the list can either be active or inactive or the default vendor item.

Safety Checklist Warehouse Inventory

Medical Warehouse Inventory

Metal Warehouse Inventory

Packaged Food Warehouse Inventory

Sample Warehouse Inventory

This is an itemized orders list that is combined at the end of a shift or a cycle count. The warehouse order inventory allows you to keep track of all the orders that the warehouse received. It enables you to satisfy your customers’ needs, increasing the profit.

Goods Warehouse Inventory

Old stock Warehouse Inventory

Warehouse Inventory Calculator Template

A warehouse calculator is what determines the total value of the items in your inventory at the end of a certain accounting cycle. With this, you are able to determine the inventory value that will go into your balance sheet. Also, you will be able to calculate your inventory turnover enabling you to know if you are selling your products efficiently.

Warehouse Inventory Example

For efficient performance, the warehouse inventory should include:

• Warehouse Inventory Control: This is the process of ensuring that the amount of inventory is right maximizing sales without oversupply.
• Warehouse Inventory Control System: This is a software designed to aid in maintaining the warehouse inventory control system.
• Warehouse Inventory Management: This is the process of ensuring that the right amount of goods is ordered for and maintained with the aid of inventory management and warehousing software. A warehouse inventory management software is used to improve efficiency and effectiveness.
• Warehouse Inventory Program: It is a software program that combines and unites warehousing, and all warehouse inventory systems and oversight to effectively build a system that manages the inventory.
• Warehouse Inventory Software: This software allows you to maximize warehouse inventory control through integration of inventory management, warehousing, purchase, and other activities that involve business management in the company.

• Everything Received Should Be Labeled: Everything should have a legible barcode label before leaving the receiving area. This ensures that tracking is easier within the warehouse and the information sent to the management system when the item is picked, put away or transferred is accurate.
• High Velocity Items Should Be Placed in Easy to Access Areas: These items are accessed more often and by placing them in areas close to the shipping space, labor and movement of equipment is saved. Remember, this should be done to 10 to 15% of the inventory.
• Orders Should Be Completed Before a Shift Ends: Always ensure that you give the workers enough time to clear on their orders before a shift ends. Also complete all inventory entries before a shift ends. This is done because it is much easier to drop an order to be dropped in between the shifts.
• Cycle Counts Should Be Prioritized: Routinely count your inventory once or more times within a given cycle. The cycle can either be monthly, quarterly, or any other period you adapt. This ensures that the inventory numbers are kept accurate and helps you to identify put away errors and missing items.
• Be Neat: Ensure that all items received are placed on a shelf and not on the sides or the aisle. Also, before the end of any shift, all stray items and packing materials should be cleaned up and kept in places where they shall be easily located.
• Unauthorized Personnel Should Not Be in the Warehouse: To avoid cases where items are moved from their rightful locations, ensure that the people accessing the floor are the only ones who know how the warehouse inventory is kept.
• Warehouse Management Software and System Should Be Used: The software enables you to track items in the warehouse through the labels on the items and labeled shelf slots. With that, management of the warehouse inventory and items organization becomes easier.

A warehouse inventory spreadsheet allows you to cater for all the warehousing business needs. Here are the benefits of a warehouse inventory spreadsheet:

• Increased Accuracy: The spreadsheet allows you to increase stock control and tracking of inventory. This in turn allows you to be up-to-date with your floor and stock information. Also, it helps reduce or remove costs that occur due to errors in the warehouse, this increases profit margins.
• Management Control Is Efficient: The availability of the inventory spreadsheet allows the warehouse managers or buyers to make the right decision with regards to the data generated. This is because you are able to get advance warnings immediately the stocked items reach a certain level.
• Reduced Overheads: You will be able to use less equipment since workforce is minimized because the spreadsheet offers details that may otherwise be done manually. This can surely save you money in the long run.