Inventory distortion — stockouts and overstocks combined — costs global retailers $1.77 trillion per year, according to IHL Group research. This Inventory keeps you in the middle: the right stock, at the right level, always visible.

What’s inside this Inventory template

• Live stock level tracker — current quantity for every product updated in real time
• Reorder point alerts — cells change colour automatically when stock drops below your minimum
• Supplier details tab — lead times, minimum order quantities, and contact details in one place
• Stock value calculator — quantity multiplied by unit cost, totalled automatically

How to use this Inventory template

1. Click above to open the template, then make a copy to your Drive.
2. Set up your supplier details tab with lead times for each vendor.
3. Do a full stock count and enter the current quantities as your starting position.
4. Use the daily movement log to record every sale, return, and delivery.
5. Run a monthly variance check — compare system quantities to a physical count to catch discrepancies.

Why Google Sheets for Inventory?

Google Sheets inventory systems update in real time for everyone with access — warehouse staff log deliveries on a tablet while the office sees the same numbers on a desktop. No sync delay, no conflicting versions.

Frequently asked questions

Is this inventory template free?

Yes — completely free. Enter your email above, receive the link instantly, and make a copy to your Google Drive. No cost, no subscription.

How many products can I track?

As many as you need. Google Sheets handles tens of thousands of rows without performance issues. Add new product rows at any time and all totals update automatically.

Can multiple people update the inventory at the same time?

Yes. Share the link with warehouse staff, purchasing, and management. Changes appear for all users in real time with no version conflicts.