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Facilities SURPLUS INVENTORY TRACKING FORM & PROCEDURESPurpose The purpose of these procedures and the SURPLUS INVENTORY TRACKING FORM is to ensure that those responsible for acquiring, recording,
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How to fill out surplus inventory tracking form
How to fill out surplus inventory tracking form
01
To fill out the surplus inventory tracking form, follow these steps:
02
Start by entering the date of the inventory count at the top of the form.
03
In the 'Item Name' column, list the names of all the inventory items being counted.
04
In the 'Quantity on Hand' column, enter the number of each item currently in stock.
05
If any items are damaged or expired, mark them in the 'Damaged/Expired' column.
06
Calculate the total quantity of each item by adding the 'Quantity on Hand' and 'Damaged/Expired' columns. Enter the totals in the 'Total Quantity' column.
07
In the 'Remarks' column, you can include any additional notes or comments regarding the inventory count.
08
Once all the items have been recorded, double-check the form for accuracy.
09
Sign and date the form to certify its completion.
10
Store the filled-out form in a safe place for future reference or auditing purposes.
Who needs surplus inventory tracking form?
01
Surplus inventory tracking forms are needed by businesses or organizations that need to keep track of excess inventory.
02
This may include manufacturers, retailers, warehouses, or any entity that deals with inventory management.
03
The form helps in documenting the surplus stock, including damaged or expired items, and provides a record for inventory analysis and decision-making.
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