Inventory Management Template
Reorder points, safety stock and ABC classification from a stock-and-sales file.
Inventory Management Template is a free Excel workbook: 2 sheets, 61 live formulas and realistic sample data throughout, 11 KB as .xlsx.
The formulas are printed on this page, unedited, so you can check the method before downloading anything. Swap in your own numbers and the whole file recalculates — which is the part no chat window can hand you. Opens in Excel, Google Sheets, Numbers and LibreOffice; no add-in and no macro.
A look inside
This is a real slice of the Inventory sheet from the actual file — not a screenshot, and not a mock-up. Cells shown in violet are live formulas, exactly as they arrive.
| # | SKU | Description | On hand | Avg daily demand | Demand std dev | Lead time (days) | Safety stock |
|---|---|---|---|---|---|---|---|
| 5 | SKU-1001 | Widget A, blue | 420 | 38 | 9 | 7 | =ROUND($C$2*E5*SQRT(F5),0) |
| 6 | SKU-1002 | Widget A, red | 180 | 41 | 12 | 7 | =ROUND($C$2*E6*SQRT(F6),0) |
| 7 | SKU-1010 | Widget B standard | 960 | 52 | 14 | 14 | =ROUND($C$2*E7*SQRT(F7),0) |
| 8 | SKU-1011 | Widget B pro | 75 | 18 | 6 | 14 | =ROUND($C$2*E8*SQRT(F8),0) |
| 9 | SKU-2001 | Bracket, steel | 1,450 | 96 | 22 | 10 | =ROUND($C$2*E9*SQRT(F9),0) |
| 10 | SKU-2002 | Bracket, alloy | 310 | 44 | 15 | 10 | =ROUND($C$2*E10*SQRT(F10),0) |
| 11 | SKU-3001 | Cable 2m | 2,100 | 130 | 31 | 5 | =ROUND($C$2*E11*SQRT(F11),0) |
| 12 | SKU-3002 | Cable 5m | 640 | 58 | 19 | 5 | =ROUND($C$2*E12*SQRT(F12),0) |
What’s in the file
What it explains
- Safety stock is bought protection, not spare stock
- Service level is a purchase
- Days of cover is the number to manage by
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<a href="https://www.datahubpro.co.uk/excel-templates/inventory-management">Inventory Management Template</a> — free Excel template from DataHub Pro
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