diff --git a/netbox/dcim/forms/model_forms.py b/netbox/dcim/forms/model_forms.py
index 511e0039e..81c1b17c7 100644
--- a/netbox/dcim/forms/model_forms.py
+++ b/netbox/dcim/forms/model_forms.py
@@ -1002,6 +1002,7 @@ class InventoryItemTemplateForm(ComponentTemplateForm):
         queryset=Manufacturer.objects.all(),
         required=False
     )
+
     # Assigned component selectors
     consoleporttemplate = DynamicModelChoiceField(
         queryset=ConsolePortTemplate.objects.all(),
@@ -1063,8 +1064,19 @@ class InventoryItemTemplateForm(ComponentTemplateForm):
     fieldsets = (
         FieldSet(
             'device_type', 'parent', 'name', 'label', 'role', 'manufacturer', 'part_id', 'description',
-            'component_type', 'component_id',
         ),
+        FieldSet(
+            TabbedGroups(
+                FieldSet('interfacetemplate', name=_('Interface')),
+                FieldSet('consoleporttemplate', name=_('Console Port')),
+                FieldSet('consoleserverporttemplate', name=_('Console Server Port')),
+                FieldSet('frontporttemplate', name=_('Front Port')),
+                FieldSet('rearporttemplate', name=_('Rear Port')),
+                FieldSet('powerporttemplate', name=_('Power Port')),
+                FieldSet('poweroutlettemplate', name=_('Power Outlet')),
+            ),
+            name=_('Component Assignment')
+        )
     )
 
     class Meta:
@@ -1079,22 +1091,17 @@ class InventoryItemTemplateForm(ComponentTemplateForm):
         component_type = initial.get('component_type')
         component_id = initial.get('component_id')
 
-        # Used for picking the default active tab for component selection
-        self.no_component = True
-
         if instance:
             # When editing set the initial value for component selection
             for component_model in ContentType.objects.filter(MODULAR_COMPONENT_TEMPLATE_MODELS):
                 if type(instance.component) is component_model.model_class():
                     initial[component_model.model] = instance.component
-                    self.no_component = False
                     break
         elif component_type and component_id:
             # When adding the InventoryItem from a component page
             if content_type := ContentType.objects.filter(MODULAR_COMPONENT_TEMPLATE_MODELS).filter(pk=component_type).first():
                 if component := content_type.model_class().objects.filter(pk=component_id).first():
                     initial[content_type.model] = component
-                    self.no_component = False
 
         kwargs['initial'] = initial
 
diff --git a/netbox/dcim/views.py b/netbox/dcim/views.py
index 8968f8c52..120bbcb59 100644
--- a/netbox/dcim/views.py
+++ b/netbox/dcim/views.py
@@ -1655,7 +1655,6 @@ class InventoryItemTemplateCreateView(generic.ComponentCreateView):
     queryset = InventoryItemTemplate.objects.all()
     form = forms.InventoryItemTemplateCreateForm
     model_form = forms.InventoryItemTemplateForm
-    template_name = 'dcim/inventoryitemtemplate_edit.html'
 
     def alter_object(self, instance, request):
         # Set component (if any)
@@ -1673,7 +1672,6 @@ class InventoryItemTemplateCreateView(generic.ComponentCreateView):
 class InventoryItemTemplateEditView(generic.ObjectEditView):
     queryset = InventoryItemTemplate.objects.all()
     form = forms.InventoryItemTemplateForm
-    template_name = 'dcim/inventoryitemtemplate_edit.html'
 
 
 @register_model_view(InventoryItemTemplate, 'delete')
diff --git a/netbox/templates/dcim/inventoryitemtemplate_edit.html b/netbox/templates/dcim/inventoryitemtemplate_edit.html
deleted file mode 100644
index d3ac58e25..000000000
--- a/netbox/templates/dcim/inventoryitemtemplate_edit.html
+++ /dev/null
@@ -1,104 +0,0 @@
-{% extends 'generic/object_edit.html' %}
-{% load static %}
-{% load form_helpers %}
-{% load helpers %}
-{% load i18n %}
-
-{% block form %}
-    <div class="field-group my-5">
-      <div class="row mb-2">
-        <h5 class="offset-sm-3">{% trans "Inventory Item" %}</h5>
-      </div>
-      {% render_field form.device_type %}
-      {% render_field form.parent %}
-      {% render_field form.name %}
-      {% render_field form.label %}
-      {% render_field form.role %}
-      {% render_field form.description %}
-    </div>
-
-    <div class="field-group my-5">
-      <div class="row mb-2">
-        <h5 class="offset-sm-3">{% trans "Hardware" %}</h5>
-      </div>
-      {% render_field form.manufacturer %}
-      {% render_field form.part_id %}
-    </div>
-
-    <div class="field-group my-5">
-      <div class="row mb-2">
-        <h5 class="offset-sm-3">{% trans "Component Assignment" %}</h5>
-      </div>
-      <div class="row mb-2 offset-sm-3">
-        <ul class="nav nav-pills" role="tablist">
-          <li role="presentation" class="nav-item">
-              <button role="tab" type="button" id="consoleport_tab" data-bs-toggle="tab" aria-controls="consoleport" data-bs-target="#consoleport" class="nav-link {% if form.initial.consoleporttemplate or form.no_component %}active{% endif %}">
-                {% trans "Console Port" %}
-              </button>
-            </li>
-            <li role="presentation" class="nav-item">
-              <button role="tab" type="button" id="consoleserverport_tab" data-bs-toggle="tab" aria-controls="consoleserverport" data-bs-target="#consoleserverport" class="nav-link {% if form.initial.consoleserverporttemplate %}active{% endif %}">
-                {% trans "Console Server Port" %}
-              </button>
-            </li>
-            <li role="presentation" class="nav-item">
-              <button role="tab" type="button" id="frontport_tab" data-bs-toggle="tab" aria-controls="frontport" data-bs-target="#frontport" class="nav-link {% if form.initial.frontporttemplate %}active{% endif %}">
-                {% trans "Front Port" %}
-              </button>
-            </li>
-            <li role="presentation" class="nav-item">
-              <button role="tab" type="button" id="interface_tab" data-bs-toggle="tab" aria-controls="interface" data-bs-target="#interface" class="nav-link {% if form.initial.interfacetemplate %}active{% endif %}">
-                {% trans "Interface" %}
-              </button>
-            </li>
-            <li role="presentation" class="nav-item">
-              <button role="tab" type="button" id="poweroutlet_tab" data-bs-toggle="tab" aria-controls="poweroutlet" data-bs-target="#poweroutlet" class="nav-link {% if form.initial.poweroutlettemplate %}active{% endif %}">
-                {% trans "Power Outlet" %}
-              </button>
-            </li>
-            <li role="presentation" class="nav-item">
-              <button role="tab" type="button" id="powerport_tab" data-bs-toggle="tab" aria-controls="powerport" data-bs-target="#powerport" class="nav-link {% if form.initial.powerporttemplate %}active{% endif %}">
-                {% trans "Power Port" %}
-              </button>
-            </li>
-            <li role="presentation" class="nav-item">
-              <button role="tab" type="button" id="rearport_tab" data-bs-toggle="tab" aria-controls="rearport" data-bs-target="#rearport" class="nav-link {% if form.initial.rearporttemplate %}active{% endif %}">
-                {% trans "Rear Port" %}
-              </button>
-            </li>
-        </ul>
-      </div>
-      <div class="tab-content p-0 border-0">
-        <div class="tab-pane {% if form.initial.consoleporttemplate or form.no_component %}active{% endif %}" id="consoleport" role="tabpanel" aria-labeled-by="consoleport_tab">
-            {% render_field form.consoleporttemplate %}
-          </div>
-          <div class="tab-pane {% if form.initial.consoleserverporttemplate %}active{% endif %}" id="consoleserverport" role="tabpanel" aria-labeled-by="consoleserverport_tab">
-            {% render_field form.consoleserverporttemplate %}
-          </div>
-          <div class="tab-pane {% if form.initial.frontporttemplate %}active{% endif %}" id="frontport" role="tabpanel" aria-labeled-by="frontport_tab">
-            {% render_field form.frontporttemplate %}
-          </div>
-          <div class="tab-pane {% if form.initial.interfacetemplate %}active{% endif %}" id="interface" role="tabpanel" aria-labeled-by="interface_tab">
-            {% render_field form.interfacetemplate %}
-          </div>
-          <div class="tab-pane {% if form.initial.poweroutlettemplate %}active{% endif %}" id="poweroutlet" role="tabpanel" aria-labeled-by="poweroutlet_tab">
-            {% render_field form.poweroutlettemplate %}
-          </div>
-          <div class="tab-pane {% if form.initial.powerporttemplate %}active{% endif %}" id="powerport" role="tabpanel" aria-labeled-by="powerport_tab">
-            {% render_field form.powerporttemplate %}
-          </div>
-          <div class="tab-pane {% if form.initial.rearporttemplate %}active{% endif %}" id="rearport" role="tabpanel" aria-labeled-by="rearport_tab">
-            {% render_field form.rearporttemplate %}
-          </div>
-      </div>
-    </div>
-
-    {% if form.custom_fields %}
-      <div class="field-group my-5">
-        <div class="row mb-2">
-          <h5 class="offset-sm-3">{% trans "Custom Fields" %}</h5>
-        </div>
-        {% render_custom_fields form %}
-      </div>
-    {% endif %}
-{% endblock %}