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1. Inventory list with reorder highlighting This accessible template will help you track inventory. Also includes reorder and total value information using conditional formatting.
2. Reorder Point Calculator This handy widget tells you when to order more stock. Also available as a reorder point excel template! Learn More Wholesale Cash Flow Model Accurately estimate revenues, orders, and cash over time. Learn More Wholesale Price Calculator.

In this article, we’ve researched and collected the top inventory management templates for Excel to help you streamline your inventory tracking process.

Included on this page, you’ll find a stock inventory control template, food inventory template, asset tracking template, and more.

Stock Inventory Control Template

If you’re managing stock for a retail business or materials to be used in manufacturing, you know how critical inventory management can be for optimizing sales and productivity. This stock inventory control template can help you identify when it’s time to reorder stock, reduce excess inventory, access supplier information, and easily locate items in storage. It’s easy to view the entire lifecycle of your stock, including items on backorder.

We've also included pre-built templates from Smartsheet, a work execution platform that empowers you to better manage your inventory operations with real-time collaboration and process automation.

The reorder point is the minimum number of units of a product that you should have on hand before reordering stock. This number is meant to indicate it is time to replenish inventory for a specific product, and should be enough to support sales until new stock arrives. The formula and calculation for a reorder point works work out like this: (average daily unit sales x the lead time in days) + your safety stock = your reorder point This formula takes into account how fast the item is selling, how long it takes to get more, and accounts for extra stock you should keep on.

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Basic Inventory Control Template

Simple and easy to use, this basic inventory control template is perfect for a small business or any business that doesn’t need a lot of bells and whistles to manage inventory. View inventory by item name, description or ID number as well as unit price. Track the total quantity and value of your current inventory, reorder dates, and discontinued items. Managing inventory is straightforward with this template because of its clean design. As with all of the Microsoft Excel templates included on this page, the columns can be customized for your business, and calculations are completed for you.

Food Inventory Template

This free template is specifically designed for tracking food stock. Restaurants and caterers can organize their inventory based on categories of food, like meat, vegetables, or desserts, and easily view the current quantity of food stock and inventory costs.

Asset Tracking Template

Keep track of your business assets like computer hardware, equipment that needs to be maintained, and tools with this free asset tracking template. This is a simple asset tracking system intended for smaller businesses, but it allows you to view not only the quantity and value of your assets, but also warranty dates, supplier information, physical location, serial numbers and more. To modify the template, simply remove any columns that you don’t need, or add new columns to increase your level of organization and detail.

Equipment Inventory Template

If your business is using costly equipment, use this free template for tracking the value, condition and location of your equipment inventory. Keep track of operating costs, depreciation, loan balances and more. Having all of this information easily accessible will help you know when it’s time for an equipment upgrade, which items are being used the most, which are most expensive to operate, and where equipment is being stored. Boost your operational efficiency and save money by accurately tracking your equipment inventory usage and costs.

Home Inventory Template

In case of a natural disaster, fire or burglary, having a home inventory spreadsheet can make life a whole lot easier. Going through a traumatic experience and losing personal possessions is hard enough without having to remember what items were lost and how much they were worth. This home inventory template makes it easy to document your home assets, including model and serial numbers, purchase price, and current value. The spreadsheet includes a column for location, so items can be organized based on rooms in your home. There are also fields for insurance information so that you can easily access your policy number and insurance agent.

Personal Inventory Template

Like the home inventory template above, this template allows you to record personal belongings so that you’re prepared in the event of a natural disaster or other emergency. A personal inventory template is also a useful tool for simply tracking personal collections such as media, artwork, books and other collectible items. The template allows you to categorize your personal items, describe their condition, and document their value. Since this is a free excel template already created for you, it’s also a quick way to track your valuables.

Reorder Point Calculator Excel

Software Inventory Template

Reorder Point Excel Templates

IT professionals can save time with this software inventory tracking template. Keep track of your software and hardware purchases, license expirations, and upgrades to make managing software inventory easier. This template is specifically for tracking software, which sets it apart from other asset inventory spreadsheets. You can easily locate where certain software was installed, access supplier and purchase information, and view license renewal dates.

Benefits of Using Inventory Templates

The free templates below vary depending on whether you’re managing business assets, personal possessions, food stock, or some other type of inventory. But here are some of the basic benefits individuals and businesses can gain from using templates for inventory management:

• View current inventory levels: A template can provide easy access to the quantities of various products currently in stock, which is a vital first step in keeping operations running smoothly.
• Manage reordering: Tracking inventory will help you accurately identify when products need to be reordered as well as which items are discontinued.
• Create business statistics: View sales patterns, identify best-selling products, and track your top suppliers.
• Protect your investments: This applies to home users seeking insurance coverage for personal property as well as companies tracking computer hardware, tools and equipment, or merchandise. Knowing what you have in stock, where it’s located, and what it’s worth will help you maintain assets and know when it’s time to upgrade.
• Save time and money: Especially for small businesses, a template allows for easy data entry, quick access to product and order details, and a customizable format that can change along with the business.

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A free Excel inventory template can help you keep track of business or home assets.

Not only is effective inventory management vital for a business, but it can also be useful at home. Businesses need to keep their operations running efficiently by managing stock to avoid shortages or surpluses as well as figure out which projects are performing the best. A homeowner might want to keep track of personal possessions for insurance purposes, storage, to plan an event, or just to stay organized.

To save you time, Excel Chat has researched the top resources for free Excel inventory templates. There are a ton of different types of free inventory templates to choose from depending on your needs.

Free Excel Inventory Templates

The free templates below vary in their features depending on whether you are managing the assets of a business, personal possessions, or some other type of inventory. While it might seem like a chore to track all of these items, there are several benefits to using Excel inventory templates.

• View current inventory levels. Templates give you easy access to the amount of a certain item that you have in stock, which is the first step in keeping your business or household running smoothly.
• Manage reordering. When you track inventory, you can quickly and accurately identify when it is time to reorder a product.
• Safeguard your investment. Whether you are a business that is protecting equipment, merchandise, or computer systems or a homeowner that needs to insure personal property, having an accurate inventory is the best way to protect your investment.
• Save time and money. Templates allow for quick and simple data entry, and they are customizable to meet your particular needs.
• Create statistics. You can use the data produced in an inventory template to create statistics, such as identifying top-selling products.

Excel spreadsheets are incredibly versatile and can be used to track inventory to just about any size of business or household. Of course, there is inventory software as an alternative, but it can be costly and even have a complex learning curve. Sometimes an Excel spreadsheet just does the job perfectly. Here are the top free Excel inventory templates that we’ve compiled from sources around the web.

Getting organized with the right tools can pay dividends.

Basic Inventory Control Templates

A basic Excel inventory control template will give you many of the tools that a small business needs to manage its inventory. These include auto-calculations for things like current inventory quantities and values. You can also enter and search inventory items by ID number, name, description, and unit price.

1. Vend offers a free Inventory Analysis template. It includes instructions within the template for set up and use, and even includes some useful metrics such as inventory turnover rate, cost of goods sold (COGS), and conversion rates. The formulas are already entered, so you just need to begin plugging in your data.

2. Microsoft Office provides a free Inventory List template that has several useful columns. These include descriptors for items as wells as unit price, quantity in stock, reorder levels, time to reorder, and whether an item is discontinued.

3. Smartsheet is another provider that offers a free Basic Inventory Control template. This company has its own proprietary spreadsheet solutions that are paid, but also offers a range of free Excel spreadsheets that are useful. This template has columns and calculations in place to identify and track inventory, including flagging re-order dates.

Stock Inventory Control Template

Whether you are managing raw materials to be used in manufacturing or stock for a retail operation, you will need detailed inventory to control avoid surpluses and shortages. This type of tracking can also help you locate materials and access information about key suppliers. There might be different lead times for ordering each material, and you will also want to see the status of back ordered items.

4. You can download a free Stock Inventory Control template from Smartsheet. This is a detailed workbook that goes beyond a basic inventory spreadsheet. There are additional tabs to track vendors, stock inventory items, and track items on order.

Equipment Inventory Templates

If your business uses any equipment, you will want to keep track of it for financial reporting, insurance, operating, and tax purposes. An equipment inventory template can help you track the in-service date of equipment, its value and any loan balances due, depreciation, operating costs, warranty dates, serial numbers, and the physical locations. Since this is a lot of data, you can simply remove the columns that you don’t need from any free inventory template.

5. Microsoft Office provides a free basic Equipment Inventory List template. This one allows you to record the model and serial numbers of equipment, vendor information, model and serial numbers, and depreciation.

6. Smartsheet offers a free Equipment Inventory template that can help a business track all of its equipment in one place. In addition to letting you know when it’s time to replace or upgrade equipment, it also has several columns that let you know about inventory costs and usage.

7. Smartsheet also has a free Asset Tracking template for Excel that will help your business keep tabs on all of its assets such as heavy equipment, tools, vehicles, and even real estate. There is a separate tab for vendor information so that you closely track those relationships.

Excel Chat can help either customizing or troubleshooting any of these free Excel inventory templates.

Software and Hardware Inventory Templates

Today’s companies spend a significant amount of money on technology, and this can be a challenge to track without help. Depending on the size of your organization, tracking can be accomplished with an Excel spreadsheet. Fortunately, there are several free solutions.

8. Vertex42 offers a free Software Inventory Tracking template. This Excel template has columns to track the software item information (name, version, category, developer); purchase information (supplier, date, price); license information (type, serial number or code, expiration date, quantity); and other relevant data.

9. Template.net also has a free Computer Inventory template that is customized for hardware such as desktops and laptops. It has columns for model, service tag #, location, operating system, processor, and install date.

10. Smartsheet also has a free Software Inventory template that is a multi-tab workbook. This workbook allows you to track both hardware and software assets from one file, with separate tabs for hardware, software, and vendors.

Food and Beverage Inventory Templates

Whether you own a restaurant or other food service company or just want to have the most organized kitchen in town, there are some free templates designed for tracking food, beverages, or both.

11. Spreadsheet123 offers a feature-rich, and free, Food Inventory template that allows you to manage food sales and inventory. It has several tabs for inventory, purchase logs, stock counts, and weekly reports. On the Settings tab, you can even enter information for your country currency, tax rates, weekly staff meal allowances, and category titles.

12. If you’re in the beverage business or also need to track this inventory, Spreadsheet123 also has a free Beverage Inventory template. This helps a business control in-house beverage inventory, track costs and measure profitability, and identify key lines.

13. Smartsheet has a free Food Inventory template that is a bit simpler than the ones from the other site. This would be suitable for a home user since it is divided into some simple categories, cost per item, and then broken down by week and totaled for the month.

Simplify inventory tracking with the right spreadsheet.

Home Inventory Templates

While it’s always a good idea to be as organized as possible, it would also be a shame to lose all of your personal possessions due to some type of disaster. When you use a home inventory template, you can document all of your personal assets, including purchase dates and price, serial numbers, warranties, current value, and even location. If something does happen, or you just need to update your insurance policies periodically, you’ll have this data at your fingertips.

14. Microsoft Office offers a free Personal Inventory template. This simple spreadsheet has just a few columns to enter information about the item, a category, serial number, and value. There is also space to enter your insurance company and policy information.

15. Microsoft Office also has another free Home Inventory template that provides a bit more detail. There is more opportunity to track the value of items by each room in your home. There is space again for information about insurance coverage.

16. Vertex42 has a Home Inventory template that is free as well. This one is primarily used to document assets for insurance coverage, but you can use it for any type of personal asset tracking. There are columns to log the location (room) of the item, description, purchase information, condition, estimated value, model and serial #, notes, and a link to a photo.

17. Spreadsheet123 also has a free Home Inventory template. This one includes essentially the same columns as the template provided by Vertex 42, but there is also space available to include information about an item’s warranty.

Manually tracking inventory can be a chore and leave you open to errors, which is why using a tool like Excel simplifies this process. Even with these free inventory templates, you might not find something that exactly fits your needs or could run into trouble with one of the formulas. This is where Excel Chat can help.

Our team of Excel experts is standing by 24/7 to provide live help with any issues related to Excel and Google Sheets. We can help customize an Excel inventory spreadsheet, troubleshoot issues, or answer any other questions. Your first session is always free.