When you’re setting your reorder point, you’re trying to strike a balance between overstocking and understocking
Excel Inventory Management Template lets you input your product details, purchase orders, and sales orders into the respective tabs
If you’re having difficulty keeping all the numbers straight in your mind, you might be interested in an SKU Generator
Do you want to know how to make better decisions to grow your business? At TradeGecko, we understand that spreadsheets offer an affordable and convenient option for managing different areas of their operations for young businesses. So to help you get better insights into your business, we’ve built some free inventory management tools to get you started on growing your business.
1. SKU Generator
We know how challenging it can be to think up a unique SKU code for all your items. If you’re having difficulty keeping all the numbers straight in your mind (what does 151930205 mean?!), you might be interested in our SKU Generator.
It takes your Product Name, along with two descriptive options, into account when generating your SKU code. You’ll receive easily understandable product codes that you can use to search and identify stock on hand from lists, invoices, and order forms.
2. Reorder Point Calculator
We know how difficult it can be to decide on your reorder point. When you’re setting your reorder point, you’re trying to strike a balance between overstocking and understocking. To help you out, we’ve designed a reorder point calculator that lets you know exactly when it’s time to place an order for a new shipment of products.
All you need is your average daily sales, your average lead time in days, your maximum daily sales, and your maximum lead time.
But we understand it can be exhausting typing in the details of every one of your 100 SKUs, and copying the results of the web calculator into a new spreadsheet. So we’ve created a reorder point excel template!
3. Invoice Template
Did you know that only 63% of invoices are paid on time?
And one of the biggest reasons for late payments comes from invoices with unclear instructions. Always ensure you spell out your product details in full so your customers know exactly what they’re getting billed for. Also, personalizing your invoice with your business logo helps you look more professional… while increasing your chances of getting paid by 300%!
Our invoice template lets you select an image to be used as your logo, along with a section for ‘Notes’ where you can input the details around payment terms. We’ll also automatically calculate the total for you, taking any applicable discounts and taxes into account!
You’re welcome.
4. Excel Inventory Management Template
Our Excel Inventory Management Template lets you input your product details, purchase orders and sales orders into the respective tabs. And from these, our Inventory Management tool will calculate your retail price, total orders, orders waiting to be fulfilled, stocks waiting to be received, and stock on hand.
To see all your data at a glance, there’s also the ‘reports’ tab, which lets you see the amount and quantity purchased and sold, sorted by the supplier.
In time, as your business grows and evolves, you’ll need a system that grows with it. If you’re moving from the Excel Inventory Management Template to TradeGecko, the ‘Export to TradeGecko’ tab lets you import ALL your existing data into TradeGecko, and you’ll be all ready to take your business to the next level.
Moving Forward
While these free inventory management tools offer young businesses a great way to start growing, you may soon discover that dealing with four different tools to manage your business is becoming a little troublesome.
And when that happens, TradeGecko provides you with a streamlined system that makes business operations as easy as possible, freeing up time for you to grow your business.
Shipping Internationally? Unsure What Tariffs or Duties Apply?
Try our FREE Tax & Duty Calculator
Trying to stay up to date on the latest cross-border shipping and import requirements? Get an instant estimate of all applicable taxes and duties for every country across 220+ global destinations or sign up and take advantage of our in-built HS Code lookup tool.
Looking for the cheapest way to ship a package? Get an instant shipping quote and compare rates from 550+ courier services across the United States, Canada, UK, Australia, and more. Simply add your package size and delivery location, and you'll find the best deal in seconds.
Find the guaranteed cheapest rates for any courier in seconds with Easyship’s free shipping rate calculator. Compare discount rates from USPS, UPS, FedEx, and 250+ couriers at a glance.
Find the guaranteed cheapest rates for any courier in seconds with Easyship’s free shipping rate calculator. Compare discount rates from USPS, UPS, FedEx, and 250+ couriers at a glance.
Receive a personal cost estimate for your crowdfunding campaign from our trusted global fulfillment partners. Easyship is a certified Indiegogo partner.
Get instant access with volume-discounted shipping rates. Save up to 89% off on USPS, UPS, FedEx, and more. Easyship is free for 50 shipments each month.
Find your perfect fulfillment partner with expert help
Let Easyship connect you to the largest shipping and fulfillment network on Earth. You’ll find trusted partners for all things logistics. Guidance is free from our global shipping experts.
Explore the powerful features that 100K+ merchants use to ship smarter, not harder. Shipping automation, live rates at checkout, live duty and tax – all free to try with Easyship.
With 550+ pre-negotiated shipping services available with discounts of up to 91%, you can save time & money today when you integrate your Shopify store with Easyship
Easyship is free to use for 50 shipments every month. You’ll save big on our discounted shipping rates up to 91% off, and save time with smart automation. Signup is fast and free.
Follow the easy path to fulfillment success. Easyship’s free fulfillment checklist provides a proven step-by-step so you can ship at scale without the guesswork.
Save up to 89% off all shipping rates. Easyship offers the guaranteed cheapest volume-discounted rates on the market from USPS, UPS, FedEx, and 250+ global couriers.
Don’t miss all our money and time-saving features!
Explore the innovative features that 100K+ merchants use to ship smarter, not harder. Shipping automation, live rates at checkout, live duty and tax – all free to try with Easyship.
What exactly does it cost to ship cross-border? Use the free duty and tax calculator from Easyship to view accurate import costs for any shipment to anywhere.
Prices are rising, deliveries are slowing. Get up to speed on the state of crowdfunding shipping with expert Easyship analysis and keep your campaign on budget.
Discover the Cheapest Shipping from USPS, UPS & FedEx
Find the guaranteed cheapest rates for any courier in seconds with Easyship’s free shipping rate calculator. Compare discount rates from USPS, UPS, FedEx, and 550+ courier services at a glance.
Find the guaranteed cheapest shipping in seconds with Easyship’s free shipping rate calculator. Compare discounted rates from USPS, UPS, FedEx, and 250+ global couriers at a glance.
Save up to 91% off shipping with Easyship’s discount courier rates. Create your free account to save instantly on 550+ courier services, including USPS.
Discover the Cheapest Shipping from USPS, UPS® & FedEx
Find the guaranteed cheapest rates for any courier in seconds with Easyship’s free shipping rate calculator. Compare discount rates from USPS, UPS, FedEx, and 250+ couriers at a glance.
Use Easyship’s free shipping policy generator to formulate your perfect holiday shipping policy for returns, tracking, and more. Just follow the prompts and you’re done!
Learn how to ship internationally without missing a step. Our case studies show you proven tactics for shipping worldwide from Easyship users who did it right.