Is Excel good for tracking inventory?

Is Excel good for tracking inventory?

When you’re low on resources, Excel spreadsheets can be a good way to start tracking inventory management. It’s also a very accessible tool to help get you up and running with an easy way to manage maintenance inventory.

How do you track inventory on a spreadsheet?

How to Create an Inventory Sheet:

1. Open a new spreadsheet in Microsoft Excel, Google Sheets, Numbers or another program. You can use whichever spreadsheet program you feel comfortable with. …
2. Name your headings. …
3. Enter items and their corresponding information. …
4. Save the sheet and update during inventory.

How do I create a tracker in Excel?

Steps for creating Excel tracker

1. Step 1: Create a table with below columns. Just type the headings, select them and press CTRL+T.
2. Step 2: Set up data validation rules. This is the important bit. …
3. Step 3: Highlight what matters with conditional formatting.

How do you forecast inventory in Excel?

On the Data tab, in the Forecast group, click Forecast Sheet. In the Create Forecast Worksheet box, pick either a line chart or a column chart for the visual representation of the forecast. In the Forecast End box, pick an end date, and then click Create.