It helps identify and categorize different products or items within the inventory. ITEM: The ITEM column represents the name of each inventory item.If the stock quantity is greater than or equal to the reorder level, it displays "OK," indicating that the inventory is sufficient. If the stock quantity is less than the reorder level, it displays "REORDER," indicating the need to replenish inventory. The formula compares the value in column L (Reorder Level) with the value in column J (Stock Quantity) for each row. REORDER (auto-fill): This column is automatically populated using the formula "=IFS(L4J4, "REORDER").
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It also allows you to add new items and adjust the number of existing items. This sheet shows the current inventory levels for each item in the warehouse. This visualization can help identify patterns, trends, and disparities in stock costs across various products, facilitating decision-making and strategic planning related to inventory management and financial analysis. In the context of "Stock Costs Per Product," the Combo chart would display the distribution of costs for different products, presenting the relationship between stock levels and corresponding costs.The Combo chart displays the distribution of Stock Costs Per Product.The "TOTAL COST OF OUTBOUND" scorecard chart shows the sum of data from the "TOTAL COST OF OUTBOUND" column in the table located on the Outbound page.The "TOTAL COST OF INBOUND" scorecard chart shows the sum of data from the "TOTAL COST OF INBOUND" column in the table located on the Inbound page.The "INVENTORY TOTAL VALUE" scorecard chart shows the sum of data from the "INVENTORY TOTAL VALUE" column in the table located on the Inventory page.To view the formula and formatting options, click on the cell. You can customize the appearance of the cell by merging cells and using formatting tools. To get today's date on this page, simply type =TODAY() in the formula bar on the left top side of the page.It gives you a quick overview of the stock levels, incoming orders, and outbound shipments.
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This is the main page of the inventory management system. You can watch the YouTube video below if you don't want to read the whole page. This guide will walk you through the steps of setting up and using the Inventory Management Excel Spreadsheet. With the help of this spreadsheet, businesses can stay organized and efficient. It helps to track product availability, keep track of stock levels, and create purchase orders. Inventory Management Excel Spreadsheet is an easy-to-use tool for businesses to manage their inventory.