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Inventory Management Calculator

Add products to calculate optimal inventory metrics for your business needs.

Product 1

Average daily sales
Days to receive new stock
Cost to store one unit
Cost of placing one order

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Inventory Management Calculator

Welcome to our Inventory Management Calculator, an essential tool designed to simplify and enhance your inventory management process. Whether you're managing stock for a small business or overseeing inventory for a large enterprise, this calculator helps you make informed decisions quickly and efficiently. With intuitive input fields and comprehensive calculations, you’ll be able to determine optimal inventory levels, reorder points, and economic order quantities (EOQ) for better control over stock and costs.

Key Features:

  • Customizable Inventory Metrics: Tailor the calculator for each of your products with fields for sales velocity, lead time, current stock levels, holding costs, and order costs.
  • Real-time Calculation: Receive instant calculations for optimal inventory, safety stock, reorder points, and EOQ, empowering you to make quick adjustments.
  • Multiple Product Management: Add as many products as needed to manage a wide range of inventory items, each with individual input fields and calculations.
  • Downloadable PDF Reports: Easily save and share your inventory data with a downloadable, formatted PDF report, complete with your company’s branding for a professional touch.

How to Use:

STEP 01

Enter Product Details: For each product, fill in the product name, average sales velocity, lead time, and current stock levels to provide the necessary data for accurate calculations.

STEP 02

Add Financial Information: Input holding costs and order costs for each product to calculate cost-effective inventory management metrics.

STEP 03

Calculate Inventory Metrics: Click "Calculate" to see key inventory metrics, including optimal inventory level, reorder point, safety stock, and EOQ for each product.

STEP 04

Download Report: Once all data is entered, click “Download PDF Report” to save a comprehensive report for reference, sharing, or presentation purposes.

Optimize your stock management with our Inventory Management Calculator, the go-to tool for achieving efficient, data-driven inventory decisions. By calculating essential metrics with accuracy and ease, this calculator empowers businesses to reduce costs, minimize stockouts, and improve order planning. Start managing your inventory smarter today and ensure you’re always prepared with the right stock at the right time.

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