DOWNLOAD: Par Stock Checker
Use this handy calculator to establish your par stock levels and order requirements. Establish the par stock for each item you are ordering. Par levels are determined by estimating the standard amount of any product that you will require on-hand during the course of an order cycle.
Before placing your orders, do a quick inventory of each item and record it in the 'on hand' spot. The difference between your on-hand amount and your par level will determine your order amount.
What this template can do for your business:
1. Help you identify precise stock levels before ordering
2. Cut down on over ordering stock items that tie up cash
3. Helps you standardize stock levels by establishing a par stock level