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Inventory Management | Excel Inventory Management (Super Easy) 

Microsoft Office Tutorials
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#InventoryManagement #Excel #InventoryManagementSystem #ExcelInventoryTemplate
In this video, you will learn how to create an inventory management system in Excel. Inventory Management through this inventory management template Excel is very easy. It is very easy and quick to setup.
This warehouse management software will help you to keep record of inventory i.e. opening stock, purchases, sales, and closing stock. Inventory control will not be difficult any more.
Here is the link of Fully Automate FIFO Inventory Valuation Method.
MS Excel - FIFO inventory Valuation Method in Excel (Fully Automated) Tutorial
• MS Excel - FIFO invent...
MS Excel - FIFO inventory Valuation Method in Excel (Fully Automated) Tutorial Part-2
• MS Excel - FIFO invent...
MS Excel - LIFO inventory Method (Fully Automated) Tutorial
• MS Excel - LIFO invent...

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27 сен 2019

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Комментарии : 358   
@Jaxxy35
@Jaxxy35 4 года назад
I will always appreciate a teacher who knows how to brake it down and clarify. I did have trouble with the low volume but I'm glad I found you.
@dorseteco5779
@dorseteco5779 3 года назад
This tutorial is exactly what I've been looking for, thank you so much for taking the time to make it and explain it. I now need to give it a go.
@mjjohnson3270
@mjjohnson3270 2 года назад
Learned so much!! Been wanting to learn Vlookup formulas for a while now, and your tutorial made it super easy to understand. Will definitely try to implement with my inventory logs. Thank you!!
@LivingstoneHawells
@LivingstoneHawells Год назад
I've watched lots of videos on this subject but non explained it better as you did. Thank you very much. This is the breakthrough for me
@tabvidfan
@tabvidfan Год назад
To the point, useful, easy to follow. Exactly what I needed to manage my inventory. Thank you!
@thankwel
@thankwel 2 года назад
Struggled 3 years at college & 4 years at Uni due to unprecise teaching from Professors. Luckily, RU-vid Indian sensei saved my life. Once I graduated, I thought that was over. But again, I was wrong. They will be helping us forever. Never ending process :'D
@Loida304
@Loida304 3 года назад
I been using excel for many years and now I now upon watching this video I already use it and Its really great and easy to use ... Many things to you
@cliffjandeecanete462
@cliffjandeecanete462 2 года назад
exactly what i was looking for! Easy and precise. Perfect!! Thank you for making this video ❤️
@bhavinantala8242
@bhavinantala8242 Год назад
Thanks a lot, i am an engineering professional and my boss wanted me to keep track of supplies, i searched numerous videos but i made excel sheet from scratch watching your video because of your clear instructions. Thank you so much for the video. I really appreciate your work brother. :)
@user-xl1vl4fn7q
@user-xl1vl4fn7q Месяц назад
i think this is perfect to keep tracking for current inventory , but how you keep track if the current stock is tali? inventory head tell their labor to count it everyday right and tali it ?
@j.karlosp7059
@j.karlosp7059 3 года назад
Very simple and very useful. Thanks man!
@FarhanAslam2243
@FarhanAslam2243 Год назад
Thank you so Much Sir for sharing your valuable knowledge and experience. This video is way simple and easy to understand and implement an inventory management system for a small business. It really helped a lot. Best video so far. Keep up the Great Work. Appreciate it.
@ollie1016
@ollie1016 3 года назад
What an awesome video. Honestly one of the most well explained video tutorials I've watched. Thank you
@rebby2315
@rebby2315 Год назад
this was very helpful and easy to follow. you broke it down into bite sized bits instead of cramming the info at your audience :)
@sihlemadungandaba7101
@sihlemadungandaba7101 3 года назад
Great teacher. I'm using this for my business.
@staceywilliams-ng7995
@staceywilliams-ng7995 2 года назад
Thank you so much! I learned so much and I'm sure this inventory will serve my business for years :))
@DingDongGrahamBell
@DingDongGrahamBell 11 месяцев назад
This is quite informative! Thank you! Simple and to the point. You are teaching it and not just presenting it. Keep up the good work!
@MicrosoftOfficeTutorials
@MicrosoftOfficeTutorials 11 месяцев назад
Thanks
@fortunebio4665
@fortunebio4665 4 года назад
Hi I have prepared a chart in the same you have explained but I would like to add date of expiry and also set alerts for the near expiry goods, so is there any option to do so
@umartalal5070
@umartalal5070 4 года назад
You are great.super easy way to teach. Stay Blessed Bro
@adrianjayjaymalin9043
@adrianjayjaymalin9043 4 года назад
Really helpful! Thanks!!!! Salute from Philippines!!
@timgroenterprises
@timgroenterprises 3 года назад
Learned a lot, great info! is there a way to combine several part numbers and quantities under one primary kit number to change inventory levels from sales/stock out?
@swapnalitambe7694
@swapnalitambe7694 Год назад
After searching the whole net finally found what I wanted 🤩thank y so much
@piabascon7216
@piabascon7216 3 года назад
Thank you very much. This is what I'm looking for!
@vinz8261
@vinz8261 4 года назад
Hi, would like to ask help,..☹ how to add 2 look up values from different table set???
@md.taifuranam7904
@md.taifuranam7904 3 года назад
I am looking for a video like this, inventory details maintain just 01 sheets. After watching this video I have been a subscriber to your channel and also press the like button this video. Thanks a lot again.
@sayedbassiouny8607
@sayedbassiouny8607 4 года назад
thanks so much sir for this amazing effort
@brianrobbs7105
@brianrobbs7105 2 года назад
Thanks for the video. It is very easy to understand and also very helpful. I refer to it often
@bukupandora
@bukupandora 2 года назад
Thanks for the knowledge, WHAT A DELICIOUS CONTENT !!, this content is really cool. the explanation is easy to understand.
@ifam..5851
@ifam..5851 4 года назад
Thanks for video, it was very clear and perfect class
@rajatareq
@rajatareq 4 года назад
Simply Great, Awesome !
@MicrosoftOfficeTutorials
@MicrosoftOfficeTutorials 4 года назад
Thanks
@27coolparth
@27coolparth 11 месяцев назад
Wow. Just amazing. I was looking for this, will save so much trouble for me. Thank you boss!
@saminakhalid8072
@saminakhalid8072 3 года назад
Very good tutorial, really every step guided in very good manner
@mnaumanchaudhry7211
@mnaumanchaudhry7211 4 года назад
Excellent U solved my problem. Thanx
@samskymartirez5013
@samskymartirez5013 3 года назад
magnificent my friend..
@arfanahmed2411
@arfanahmed2411 3 года назад
I have a question if I don't want opening stock table, just need purchase, sales and stock how can I joint the tables? Thanks
@anitaoforimensah7061
@anitaoforimensah7061 2 года назад
Thank you very much for the video Very clear to understand and precise.
@xyzmsbright
@xyzmsbright 2 года назад
Thank you very much. Very helpful and simple to understand.
@arvzlampria9159
@arvzlampria9159 3 года назад
its so easy to follow.nice tutorial👏🏻👏🏻👏🏻
@thomassherwin1254
@thomassherwin1254 3 года назад
Nice this is exactly what I was looking for
@jestonydorimon999
@jestonydorimon999 4 года назад
Wow this is great sit
@nishant3112
@nishant3112 4 года назад
Excellent work Bro ! You saved me buying costly inventory systems...thank you :-)
@Denny_Kurnia
@Denny_Kurnia 2 года назад
Thanks.. I found the best Inventory management sheet as i want !! Thanks a lot
@Gharibyar
@Gharibyar 3 года назад
Very useful and great explanations.
@amanshukla5764
@amanshukla5764 4 года назад
Can you please make something about space allocation for articles. If that's possible we can definitely make this useful.
@collinsekube7562
@collinsekube7562 2 года назад
Great course. If you decide to add a new row to your initial "stock" say item #11, how can you make the new row to become a part of your "stock" table?
@mjjohnson3270
@mjjohnson3270 2 года назад
I would recommend formatting the cells as a "Table" in the styles group on the "Home" tab first before doing any formulas or creating other tables. This should automatically recognize any added rows as being a part of the table and **should** adjust data in the others as well. Curious to know if this works for you!
@shubhamshah8255
@shubhamshah8255 3 года назад
Hello, Thank you for the video. It was 100% understandable. It is really acknowledged that you understand the needs of the analytics in the warehouse management system. Just as a perspective of costs, technology upgrades, and inflation, how could you summarize old stocks and new stock together, i.e. price changes every 6 months for some products and the sum of their actual prices? This is something I am really interested in as I deal with a big quantity of materials and also with a considerable time span from 0 to 2 years. I would love to hear from you. Thank You!
@juttsahghy5354
@juttsahghy5354 Год назад
Shah sahb ap UAE mn wearhouse mn kam krty hn plz help me
@elishabatuncang8391
@elishabatuncang8391 Год назад
Thanks a lot! This save me a lot of labour time key in data manually! 🤩
@danishiqbal7537
@danishiqbal7537 4 года назад
love your way of explaining
@MicrosoftOfficeTutorials
@MicrosoftOfficeTutorials 4 года назад
Thanks
@ravinravin.v1360
@ravinravin.v1360 3 года назад
thanks alot brother..it was so helpful:)
@adminshashwatgreenbuilding6893
@adminshashwatgreenbuilding6893 3 года назад
Amazing tutorial....Helped me lot.. :) Thanks for sharing
@radamedical3280
@radamedical3280 4 года назад
do yyou have a copy or demo file that i can play and use if it fits my needs.
@sidikiekonneh6248
@sidikiekonneh6248 2 месяца назад
Thanks so much for this great work you have help me with employment I had always needed this to complete my jobs
@ShayDiBBS
@ShayDiBBS 3 года назад
Thank you so much for this!!
@rajeshmmariappan7096
@rajeshmmariappan7096 4 года назад
Really superb, great 👍
@waltermakuzander5248
@waltermakuzander5248 3 года назад
Is there a way where I can monitor the in, out, stock, re-stock and stock value all at the same time on daily basis? Or is there a way that the sumifs function can be set on daily basis?
@vbababa109
@vbababa109 3 года назад
yes u can use sumifs with current date criteria
@nhialreathnyuon8029
@nhialreathnyuon8029 7 дней назад
Really appreciate this lecture of inventory management on excel
@sanchezjunmar9264
@sanchezjunmar9264 Год назад
Amazing and truly helpful for my inventory. Thank you so much sir for sharing this video.
@gitali
@gitali Год назад
Very helpful for my small business. Thanks for sharing!
@rungnapachatpan5984
@rungnapachatpan5984 2 года назад
Thank you very much. This is really helpful.
@greenday1guitarfreak
@greenday1guitarfreak 3 года назад
Very helpful, thank you! Subscribed
@jennypherraymond8881
@jennypherraymond8881 2 года назад
I LOVE YOU! Thanks so much for this tutorial
@Timothythebrewer
@Timothythebrewer 2 года назад
Well done! Thank you.
@francecoflores
@francecoflores 2 месяца назад
This was amazing!! I learned so much. Thank you!!
@overseachinese2
@overseachinese2 Год назад
thank you! great video, following step by step make my own tracking sheet. subscribed
@abhishekprabhu1
@abhishekprabhu1 11 месяцев назад
Thank you very much it was very useful, i have found it at the right time, thanks
@JoshiJourneyLife
@JoshiJourneyLife 3 года назад
This is exactly what I was looking for, a crisp concise video on small inventory maintenance. Thanks. I have just subscribed to your channel.
@Bharat29000
@Bharat29000 2 года назад
Kem cho Kaki?
@learningcenterHD
@learningcenterHD 4 года назад
good job dear you deserve more views
@shferaw4471
@shferaw4471 2 года назад
I really appreciate your help, thank you very much! On my excel I have Purchase & Sale column together. Purchase can be in cash & in Credit & also the same way Sale can be in cash & in Credit. Now I need to get total credit in purchase & total credit in Sale. The same to credit for sale. Can I do this with this function?? Or shall I send you please?
@Justcazz539
@Justcazz539 3 года назад
This is just what I have been searching for. Is it possible to download the template itself please?
@jsp190687
@jsp190687 3 года назад
Nice video.. Good enough Information. Would love to see a video on creating an excel sheet which will hav all details for managing a small company.. Like sales data, purchase data, stock in and out, payment received, ledger kinda report, cash inflow and outflow.. Currently i am working on one such sheet but progress is slow as am not an expert..
@chankretyatith9307
@chankretyatith9307 Год назад
Hello, what if the stock purchases for the 2nd time is higher or lower in price ? What is the efficient way to calculate Total stock value ?
@wisdom_wellness365
@wisdom_wellness365 3 года назад
very nice! I like it!
@jesselynchoo4930
@jesselynchoo4930 Год назад
you save my timee, thank you so much for uploading this video!!
@letsahbright4909
@letsahbright4909 2 года назад
💯 accurate thanks so much 🙂
@dielikakone4631
@dielikakone4631 3 года назад
THANK YOU IT IS VERY HELPFUL CLEAR
@manjulapriyankara6996
@manjulapriyankara6996 2 года назад
Thank you so much for sharing this valuable video 🙏🙏🙏
@krishanarjun8866
@krishanarjun8866 3 года назад
Woww... wonderful and valuable information..🙏🙏
@macoscarzgambo5051
@macoscarzgambo5051 Год назад
Thank you for this, Mr. It is very helpful
@Antishkr
@Antishkr 4 года назад
Thank you! I learned from seeing your video.
@hashim3sa
@hashim3sa 3 года назад
I am facing a problem in the last range of closing stock the sum of sale is showing 0
@rajpkj7896
@rajpkj7896 4 года назад
How to delete or stenth the range of selected table in purchase ,sales or stock table.
@MsOfficeLearning
@MsOfficeLearning 3 года назад
Thank you for your great lesson!!
@marwahilayel600
@marwahilayel600 2 года назад
you are the best! Thx.
@rizkyramdhany4549
@rizkyramdhany4549 Год назад
Thanks....it was realistic to implement this in working environment
@SuperHanme
@SuperHanme 3 года назад
The better way is that the data storage should be another Excel file. Database excel file and operation excel file are separated. if so, you can prevent that if your "operation excel file" is damaged, your data is still in somewhere safely.
@kushalchaudhuri5029
@kushalchaudhuri5029 2 года назад
Sir, can you help me with an excel program to calculate consumption of raw material based on BOM of finished goods and also the cost of production. We will input the opening stock, purchases, consumption will be calculated based on BOM of finished goods. We need this urgently. Thank you.
@raymondmonmendoza3627
@raymondmonmendoza3627 3 года назад
clever! thanks for sharing, my friend ;)
@mingoximar3137
@mingoximar3137 2 года назад
Thank you so much for this knowledgeable video!
@FastComputersPK
@FastComputersPK 3 года назад
What if we want to add an existing product with a different price ? than how we can manage the change in price while selling that item?
@mhhasan2005
@mhhasan2005 3 года назад
Thanks same I want to know that
@shreyas275
@shreyas275 4 года назад
Thank you!
@opioelijah4665
@opioelijah4665 3 года назад
A very good teacher
@kisembostories2139
@kisembostories2139 2 года назад
This is Genius. Thankyou
@kirangurung3108
@kirangurung3108 2 года назад
Thanks for valuable explanation.
@cyclingtraveler2595
@cyclingtraveler2595 2 года назад
Hi.thank you so much for your tutorial. awesome 👍
@edmelendres7079
@edmelendres7079 2 года назад
I made an inventory sheet based on this one. Thank you very much!.. Just one thing, Is there a way to restrict the input in stock out / sales if the current inventory is not sufficient?
@PraveenKumar-jp4sl
@PraveenKumar-jp4sl 2 года назад
You can use simply a "IF" function saying the sales should not cross the inventory limit. So that you may know when the purchases become insufficient for the inventory.
@edmelendres7079
@edmelendres7079 2 года назад
@@PraveenKumar-jp4sl would be a big help if you can give me a formula basing on your sheet shown in the video so I can pattern it to my sheet. cant seem to find the correct formula. Hoping you can help me out. Thanks so much!
@kardiackards8097
@kardiackards8097 3 года назад
How can you track cost of purchase / stock in vs price sold? With this system, there are only sell prices but no costs?
@frowsmuhammed484
@frowsmuhammed484 2 года назад
Thank you so much for your guide
@rubina4411
@rubina4411 3 года назад
Thanks to the teacher, he explained is so well. Do you have any website?
@juliano2703
@juliano2703 11 месяцев назад
HI MATE ! i need your help i create this template but my business keep bringing new stuff everyday and was wondering, how can i add new stock that is coming in to my business, whenever i try to add rows it does not allow me to do it and if i add it to the purchases table it does not appear in the current status of stock. thanks for your help
@whengTV
@whengTV 3 года назад
thanks, ver informative 👍
@AKSkiBlogging
@AKSkiBlogging 3 года назад
Dear Sir, How can we manage the profit between purchase & sales during entry. Here in this video purchase & sales entry price both same.
@eriknielsen1849
@eriknielsen1849 3 года назад
😄😄😄 Yes that's right a shop without earning. Hope you have solved your litle problem by now. 👍
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