If you are under stress about managing raw material inventory click here and found excel register free templates for your business. Hotel inventory and industries stock management templates are often added here for you. If you are running a business where multiple products are under process at same time you are required to adopt a register template to prevent shortage and over stock of any raw material item in the store.
While raw material availability ensures plane performance of the business at the same time its over stock means increasing the expense of the business and putting the raw material items at risk. These are popularly used among business sector to ensure minimum holding costs and offering safety to these raw material items from damage or spillage.
Format of Raw Material Inventory Resister Template Excel
- Articles: Specific column holds the description of items in specific company like finished goods, funnel tubes, lamps, filters and rods.
- Inventory held: It holds the information regarding average number of days which are good to held specific item in the store.
- Estimation: Cost estimation is made about each item in this column adding the amount based on average days for which item is being held in the store.
Material Stock Register in Excel
While one of the purposes to adopt this stock register is to make estimate about the holding costs and expense of the business another purpose is to view the raw material availability and comparing it with the use of raw material item. The sheet is filled with the name of the raw material items, category, their starting use date and ending date.
Raw material Stock Format
Warehouse inventory list is usually managed and recorded by store supervisor therefore he is answerable for the items held in store, however to earn good profit for the business it is important to have number of units of inventory in the store which ensures their use on time. Make sure to visit this page again for raw material inventory register templates.