INDZARA

2024 Raw Material Inventory Management in Google Sheets

This Google Sheet is developed as a solution to automatically calculate the current raw material stock as well as determining how many units of each product you can make using the raw materials available. 

This template is designed for Google sheets, but if you are looking for an Excel template, please visit the Manufacturing Inventory Tracker in Excel

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How to Create an Manufacturing Inventory Tracker in Google Sheets

  1. Make a Copy 
  2. Enter the Input Data
  3. View the current raw material stock

Step 1: Make a copy of the sheet

Click on the link above and then make a copy of the sheet as shown in the screenshot below.

Make a copy
Make a copy

You can save the copy in your own google drive for your use. You can then share the copy with your colleagues to collaborate as needed.

Step 2: Enter the Input Data

Enter list of parts or products in the Products sheet as shown below

Inventory Tracker – Enter List of Products

The Sales Quantity column is calculated based on sales orders that we will be entering soon.

Enter list of raw materials you use in your business in the Raw Materials sheet:

Inventory Template – Enter Raw Materials used in Business, their starting inventory and Re-Order Point

Enter Bill of Materials (BOM) in BOM sheet:

Inventory Template: Enter Bill Of Materials for each product

In the sample above, 1 unit of Banana Berry Shake is created from 1 Banana, 5 Strawberries and 10 Blueberries. 1 unit of Apple Banana Shake is created from 2 Apples and 2 Bananas. Unit of Measure column is just for your reference.

Once you have entered BOM for all your products, the initial set up is done.

Entering purchase and sale orders in Orders sheet.

As a manufacturing business, you may buy raw materials from your suppliers and sell the finished products to your customers. So, there are two key transactions – Purchase and Sale.

We can enter Purchase and Sale Orders in a single table in Orders sheet.

Manufacturing Inventory Template – Enter Raw material Purchase and Product Sale Orders

If an order has 5 line items, then enter as 5 rows.

Step 3: Check Availability

Before entering a new Sale order, if you would like to check the current capacity for a product, you can easily do that.

Inventory Availability – Check capacity to make a Product

When you select a product, the template runs the calculations to figure out how many units of the product can be manufactured using the raw materials in stock right now. In the image above, we see that we can make 13 Apple Banana Shakes.

 Limit

The template cannot handle complex scenarios where sub-assemblies of raw materials are raw materials to the final product

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