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Inventory Control - Project Template - Summary View

Download and customize a free Inventory Control Project Template Summary View Excel template. Perfect for business, legal, and personal use. Editable and ready to boost your productivity.

Inventory Control - Project Template (Summary View)
Item ID Item Name Category Current Stock Last Updated Status
INV-001 Steel Beams Construction Materials 250 2024-03-15 In Stock
INV-002 Electric Motors Mechanical Components 45 2024-03-14 Low Stock
INV-003 Copper Wires Electrical Supplies 120 2024-03-13 In Stock
INV-004 Bolts & Nuts Set Fasteners 300 2024-03-16 In Stock
INV-005 Insulation Foam Protective Materials 67 2024-03-12 Low Stock
Total Items: 782

Inventory Control Project Template with Summary View

This comprehensive Excel template is designed as a Project Template specifically for Inventory Control, offering a strategic and structured approach to managing stock levels, tracking inventory movements, and monitoring performance metrics. The template adopts a Summary View style, providing users with an at-a-glance dashboard that consolidates critical information from multiple detailed workbooks into actionable insights.

The template is ideal for project managers, supply chain analysts, warehouse supervisors, and inventory coordinators who need to maintain accurate records of goods in transit or stored across multiple locations. With integrated formulas, conditional formatting, and dynamic charts, this template streamlines inventory management processes while supporting data-driven decision-making throughout a project lifecycle.

Sheet Structure

The Excel workbook contains the following sheets:

  • Dashboard (Summary View)
  • Inventory Master List
  • Inventory Transactions Log
  • Reorder Alerts & Notifications
  • Project Timeline & Milestones
  • Data Validation Rules

Table Structures and Columns (with Data Types)

1. Dashboard (Summary View)

This central sheet provides real-time visibility into inventory status, project progress, and risk indicators.

Description:The count of items that have not been moved in over 90 days, indicating possible obsolescence.
Column Data Type Description
Total Inventory ItemsNumber (Formula)Count of unique SKUs in the master list.
Total Value (USD)CurrencySUM of quantity × unit cost from Inventory Master List.
Low Stock Items (<5 units)NumberCount of items with current stock below safety threshold.
Aging Inventory (Over 90 days)Number
On-Time Reorder Rate (%)PercentageDescription:
Project Completion StatusText/Progress Bar (Conditional)

2. Inventory Master List

A centralized database of all inventory items with their properties and status.

ColumnData TypeDescription
SKU ID (Unique)Text/Number (Unique)Primary identifier for each item.
DescriptionTextName or product description.
Category

Formulas Required

The template relies heavily on built-in Excel formulas for automation and accuracy:

  • Dashboard - Total Value (USD):
    =SUMPRODUCT(Inventory_Master_List!B:B, Inventory_Master_List!D:D)
  • Dashboard - Low Stock Items:
    =COUNTIFS(Inventory_Master_List!E:E, "<5")
  • Dashboard - Aging Inventory (Over 90 days):
    =COUNTIFS(Inventory_Transactions_Log!D:D, ">"&TODAY()-90)
  • Reorder Alerts:
    =IF(Inventory_Master_List!E2 <= Inventory_Master_List!F2, "REORDER", "")

Conditional Formatting

Applies visual cues to highlight critical inventory conditions:

  • Low Stock (E2): Red fill if quantity ≤ safety stock level.
  • Aging Items (D7 in Transactions Log): Orange background for entries older than 60 days, red if over 90 days.
  • Reorder Status: Green text and checkmark emoji for “REORDER” status.

User Instructions

  1. Open the Excel workbook and enable macros if prompted (for dynamic features).
  2. Fill in new inventory items on the “Inventory Master List” sheet, ensuring all fields are completed.
  3. Add transactions via “Inventory Transactions Log” – enter date, SKU, type (in/out), quantity, and reason.
  4. Review the “Reorder Alerts & Notifications” tab daily for urgent actions.
  5. Update project milestones on the timeline sheet as tasks progress.
  6. The dashboard auto-updates with new data; refresh manually if needed (F9).

Example Rows

SKU IDDescriptionCategoryQuantitySafety Stock
PEN-0017ABallpoint Pen (Blue)Stationery Supplies82456345729867345912903458
SKU IDDescriptionTypeDate Added
PEN-0017ABallpoint Pen (Blue)Inbound Shipment #2345678901234567890123456789

Recommended Charts & Dashboards

  • Inventory Turnover Rate Chart: Line graph showing monthly turnover trends.
  • Stock Levels by Category: Pie chart for visual category distribution.
  • Aging Inventory Heatmap: Conditional color matrix of stock age across locations.
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