SayPro Inventory Management Template
A tool for tracking raw materials and finished goods in the wholesale product business.
1. Inventory Overview
Inventory Category Item ID Product Name Description Quantity on Hand Reorder Level Location Raw Materials RM001 Raw Material 1 Description of RM1 500 units 100 units Warehouse A Raw Materials RM002 Raw Material 2 Description of RM2 300 units 50 units Warehouse B Finished Goods FG001 Product 1 Description of FG1 150 units 50 units Warehouse C Finished Goods FG002 Product 2 Description of FG2 100 units 20 units Warehouse C
2. Raw Material Inventory Tracking
Item ID Product Name Current Stock Level Unit of Measure Purchase Order Number Supplier Name Lead Time (days) Last Ordered Date Next Expected Delivery Cost Per Unit Total Value in Stock RM001 Raw Material 1 500 units kg PO12345 Supplier A 7 02/01/2025 02/08/2025 $2.00 $1,000.00 RM002 Raw Material 2 300 units meters PO12346 Supplier B 10 01/28/2025 02/07/2025 $5.00 $1,500.00
3. Finished Goods Inventory Tracking
Item ID Product Name Current Stock Level Unit of Measure Product Batch Number Manufacture Date Sales Price per Unit Total Sales Value Warehouse Location Expiry Date (if applicable) FG001 Product 1 150 units pieces BATCH001 01/15/2025 $25.00 $3,750.00 Warehouse C N/A FG002 Product 2 100 units pieces BATCH002 01/10/2025 $40.00 $4,000.00 Warehouse C N/A
4. Inventory Reorder Management
Item ID Product Name Current Stock Level Reorder Level Reorder Quantity Order Status Next Order Date Supplier RM001 Raw Material 1 500 units 100 units 200 units Pending 02/05/2025 Supplier A FG002 Product 2 100 units 50 units 150 units Ordered 02/07/2025 Supplier B
5. Inventory Movement Log (Raw Materials)
Movement Date Item ID Product Name Quantity In/Out Type of Movement Remaining Stock Level Notes 01/25/2025 RM001 Raw Material 1 +200 units Incoming Order 700 units Order from Supplier A 01/30/2025 RM001 Raw Material 1 -100 units Manufacturing Usage 600 units Used for Product 1 production 01/29/2025 RM002 Raw Material 2 -50 meters Manufacturing Usage 250 units Used for Product 2 production
6. Inventory Movement Log (Finished Goods)
Movement Date Item ID Product Name Quantity In/Out Type of Movement Remaining Stock Level Notes 01/20/2025 FG001 Product 1 +200 units Finished Goods Produced 350 units Produced and stored 01/25/2025 FG001 Product 1 -50 units Sold to Distributor 300 units Sold 50 units to Distributor X 01/26/2025 FG002 Product 2 +150 units Finished Goods Produced 150 units Produced and stored
7. Stocktaking and Adjustments
Last Stocktaking Date : 01/31/2025
Stocktaking Status : Completed
Inventory Variance (if any) :
RM001: 10 units short (reconciliation pending).
FG002: 5 units over (inventory adjusted).
8. Notes and Remarks
Stock Alerts :
RM002 : Reorder level reached; initiate purchase order.
FG001 : Sales demand increase expected, consider production ramp-up.
Maintenance Required :
Warehouse C temperature control system needs maintenance by 02/10/2025.
9. Inventory Action Plan
Action Responsible Person Due Date Status Reorder RM001 (Raw Material 1) Operations Manager 02/05/2025 Pending Production ramp-up for FG001 (Product 1) Production Team 02/10/2025 In Progress Adjust FG002 stock levels Warehouse Manager 02/02/2025 Completed
This SayPro Inventory Management Template serves as a comprehensive tool for tracking both raw materials and finished goods. It ensures clear visibility of stock levels, order status, movement logs, and reordering, which helps optimize the supply chain and streamline inventory management for SayPro’s wholesale business.
Leave a Reply