Track, Manage, and Update Your Inventory in Excel

Today, we’ll focus on tracking inventory in Excel—a practical way to keep your stock organized and up-to-date. If you’re already managing inventory in Excel, feel free to skip today’s edition.

Without further ado, let’s dive in and learn how to create an effective inventory tracking system using Excel!

1. Open Excel and Navigate to the Next Cell

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2. Type the Following Formula to add inventory Status: =IF(C3=0,"Out of Stock",IF(C3<10,"Low in Stock","In Stock"))

3. Drag it down to Autofill

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4. To track Inventory properly type the following Formula:
=FILTER($B:$B,$D:$D=F2)

5. Drag it to the Right to Autofill.

We are done. The Inventory is Set. The Status will change with the change in the Item Quantity.

That’s how you can use Excel to track inventory, keeping your stock levels organized and up-to-date. Whether you're managing a small business, personal items, or warehouse inventory, Excel’s tools can make tracking simple and efficient.

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