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

What’s inside this Asset Tracker template

• Stock movement log — every inbound delivery and outbound shipment recorded with date and reference
• Low stock report tab — a filtered view showing only products that need reordering right now
• Category grouping — organise stock by type, location, or supplier for faster searching
• Shrinkage tracker — record damaged, lost, or expired items to understand real loss rates

How to use this Asset Tracker 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 Asset Tracker?

Dedicated inventory software costs hundreds per month and often requires staff training before it is useful. This template is usable by anyone who can type a number into a cell — which means your whole team can manage stock from day one.

Frequently asked questions

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.

How do I set up reorder alerts?

Enter your minimum stock level in the reorder point column for each product. Cells change colour automatically when stock drops below that threshold — no formula editing required.