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Some other useful metrics to include in an inventory management dashboard could be the rate of inventory turnover, the average time items stay in inventory, the percentage of on-time supplier deliveries, the accuracy of inventory records, and the carrying cost of inventory. These metrics can provide a more comprehensive view of inventory management performance.
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Need a spreadsheet to manage incoming inventory? We've created an spreadsheet template in Excel and Google Sheets to manage material inflows and the products they create. Our spreadsheet template includes a ledger to track orders and inventory levels for both materials and products produced. Dashboards then visualize the most important metrics related to total inventory value, expiration dates, materials most in demand, and maximum versus minimum order intakes. Here's how to use the inventory management spreadsheet template we created to easily manage and visualize material inventory levels.
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Need a spreadsheet to manage incoming and outgoing inventory? Our Inventory Management spreadsheet template includes a ledger to track orders and inve...
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