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

• Multi-location tracking — separate stock counts per warehouse, store, or storage area
• Batch and expiry date log — track best-before dates for perishable or time-sensitive products
• Cost of goods sold tracker — automatically calculated from stock movements and unit costs
• Monthly stock summary — opening stock, purchases, sales, and closing stock in one reconciliation

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?

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

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.

Can I track inventory across multiple locations?

Yes. Add a location column or create separate tabs per warehouse. A summary tab consolidates stock levels across all locations in a single view.

Does this integrate with my sales platform?

Not automatically, but most sales platforms export orders as CSV. Paste daily or weekly sales exports into the movement log and stock levels update from there.