Wasp Barcode research found that 34% of businesses have shipped a late order because they sold something that wasn’t actually in stock. This Asset Tracker gives you a live view of stock levels so that never happens on your watch.

What’s inside this Asset Tracker 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 Asset Tracker template

1. Get access to the template above and copy it to your Drive.
2. List every product or SKU in the product master tab with unit cost and reorder point.
3. Enter your current stock levels as the opening count.
4. Log every inbound delivery and outbound shipment in the movement log.
5. Review the low stock report every Monday and place purchase orders before stock runs out.

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.