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this excel template is designed to aid in inventory management and restocking the workbook is fully customizable to reflect the items in your business inventory including associated unit costs and desired item stock products falling below the desired inventory level are flagged for reordering and all item orders are summarized in a convenient daily order summary in order to begin using the inventory management template select the lists tab located at the bottom of the workbook this sheet is where you set up the list of products that your business keeps in inventory the items entered here will be available for selection in the drop down menus when filling out inventory stock and reordering items to add a new product to the table either replace an existing entry or type a new entry in the next available blank row the reorder level field is used to specify the minimum stock that will flag an item to be reordered and the starting cost per unit field is used to