Re-order Point: Amount that you set for each product, where when the current inventory level hits that amount, you will place a new purchase order to replenish inventory. If you have numerous products, categorizing similar products together can help in understanding product performance. Product Category: This allows you to categorize products. We recommend not editing any formulas unless you are very sure about the changes and the impact on functionality.Įnter list of products and re-order points in the Products worksheet Excel Inventory Management – Products Table You can view the formulas in the sheet and can edit them if needed. Formulas are used to calculate inventory and sales. This template is developed using only formulas and does not have any macros or code.
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