Inventory Management | Excel Inventory Management (Super Easy)

#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
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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...

[@Jaxxy35]

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.

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[@LivingstoneHawells]

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

[@swapnalitambe7694]

After searching the whole net finally found what I wanted 🤩thank y so much

[@sidikiekonneh6248]

Thanks so much for this great work
you have help me with employment
I had always needed this to complete my jobs

[@bhavinantala8242]

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. :)

[@JACCAdmin]

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 ?

[@DingDongGrahamBell]

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]

Thanks

[@rashedbond5293]

Thanks for your video, it helps me a lot. I watched your video and made a report. Now I want to add some new products, but I do not understand how to do.

[@ridmimanushika2550]

Hi dr. Thanks for your vedio. But i have a just problem . If purchase price was different by same item. I don't understand that how i adjust it .please help.

[@Loida304]

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

[@dorseteco5779]

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.

[@nhialreathnyuon8029]

Really appreciate this lecture of inventory management on excel

[@tabvidfan]

To the point, useful, easy to follow. Exactly what I needed to manage my inventory. Thank you!

[@mjjohnson3270]

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!!

[@cliffjandeecanete462]

exactly what i was looking for! Easy and precise. Perfect!! Thank you for making this video ❤️

[@27coolparth]

Wow. Just amazing. I was looking for this, will save so much trouble for me. Thank you boss!

[@Denny_Kurnia]

Thanks.. I found the best Inventory management sheet as i want !! Thanks a lot

[@md.taifuranam7904]

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.

[@FarhanAslam2243]

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.

[@opioelijah4665]

A very good teacher

[@MicrosoftOfficeTutorials]

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[@ayyanarsanjith2230]

P

[@anitaoforimensah7061]

Thank you very much for the video
Very clear to understand and precise.

[@abhishekprabhu1]

Thank you very much it was very useful, i have found it at the right time, thanks

[@sanchezjunmar9264]

Amazing and truly helpful for my inventory. Thank you so much sir for sharing this video.

[@kumarnitin8274]

Sometimes, we've got a problem of credit, as, many times we've to give the things on credit....so is there a way to manage the credit part as well?

[@xyzmsbright]

Thank you very much. Very helpful and simple to understand.

[@gitali]

Very helpful for my small business. Thanks for sharing!

[@brianrobbs7105]

Thanks for the video. It is very easy to understand and also very helpful. I refer to it often

[@bukupandora]

Thanks for the knowledge, WHAT A DELICIOUS CONTENT !!, this content is really cool. the explanation is easy to understand.

[@elishabatuncang8391]

Thanks a lot! This save me a lot of labour time key in data manually! 🤩

[@corleenx]

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]

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!

[@rebby2315]

this was very helpful and easy to follow. you broke it down into bite sized bits instead of cramming the info at your audience :)

[@kalpeshmistry8060]

Thank You Soo Much, can you pls. Help me in maintaining inventory if sales is in kg sometimes and sometimes in square feet and the purchase is in Kg only

[@FastComputersPK]

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]

Thanks same I want to know that

[@fortunebio4665]

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

[@rizkyramdhany4549]

Thanks....it was realistic to implement this in working environment

[@francecoflores]

This was amazing!! I learned so much. Thank you!!

[@leopastias7653]

thanks you so much for this very useful video of yours God bless.

[@jennypherraymond8881]

I LOVE YOU! Thanks so much for this tutorial

[@hashim3sa]

I am facing a problem in the last range of closing stock the sum of sale is showing 0

[@mengcepu]

you save my timee, thank you so much for uploading this video!!

[@Handytom]

thank you! great video, following step by step make my own tracking sheet. subscribed

[@farhadnooryar9558]

First thank you so much for this video. Second I have a question, if we want to change the Price of units on opening stock it doesn't change automatically on current status stock Units price. So how to make it automatically that if we change the price on units on opening stock it change on current status stock??

[@MicrosoftOfficeTutorials]

Hi Farhad, thanks for your question. Please note that a new tutorial is coming this week with inventory management system that will incorporate updated price changes of stock items. Please stay tuned. 😇

[@frowsmuhammed484]

Thank you so much for your guide

[@jarolynmonts1709]

Thank you, learnt much about Vlookup function.

[@rungnapachatpan5984]

Thank you very much. This is really helpful.

[@shubhamshah8255]

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]

Shah sahb ap UAE mn wearhouse mn kam krty hn plz help me

[@macoscarzgambo5051]

Thank you for this, Mr. It is very helpful

[@staceywilliams-ng7995]

Thank you so much! I learned so much and I'm sure this inventory will serve my business for years :))

[@johncollinsmachave9728]

We are waiting for this kind of vedio with changes in prices

[@saminakhalid8072]

Very good tutorial, really every step guided in very good manner

[@danishiqbal7537]

love your way of explaining

[@MicrosoftOfficeTutorials]

Thanks

[@centuryticles6172]

I’m watching your videos with great enthusiasm. Could you please help to set-up an inventory system for restaurants? Presently we have 13 outlets and there more to come. We have one central point of buying and we transport our goods once delivered to our commissary place to our outlets - Would be glad to hear from you

[@ollie1016]

What an awesome video. Honestly one of the most well explained video tutorials I've watched. Thank you

[@manjulapriyankara6996]

Thank you so much for sharing this valuable video 🙏🙏🙏

[@arvzlampria9159]

its so easy to follow.nice tutorial👏🏻👏🏻👏🏻

[@sihlemadungandaba7101]

Great teacher. I'm using this for my business.

[@chankretyatith9307]

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 ?

[@marwahilayel600]

you are the best! Thx.

[@patalmazar5597]

Thank you and more power to your channel

[@MicrosoftOfficeTutorials]

Thanks 😍

[@mohamedyusuf7111]

hi bro this same excel I'm following in my shop thank you

[@letsahbright4909]

💯 accurate thanks so much 🙂

[@zakariandao236]

This a greate video thank you so much. It helped me a lot. But i have one question if you can please answer it. Isn't the "opening stock" the same as the "purchases/stock in". Because bothe of them indicate the stocks on hand right.

[@zakariandao236]

Also the "price/unit" in "opening stock" is it the purchasing price or the selling price of the product

[@mohammedbarqawi8113]

Thank you very good explanation ❤

[@Poppyeni92]

hi really helpful, is there any where i can download the template?

[@cyclingtraveler2595]

Hi.thank you so much for your tutorial. awesome 👍

[@greenday1guitarfreak]

Very helpful, thank you! Subscribed

[@UsmanGhani-vf3ow]

U made it super easy 👏

[@samskymartirez5013]

magnificent my friend..

[@kirangurung3108]

Thanks for valuable explanation.

[@mawutmabut5352]

The great and impressive tutorial ever in Inventory management, keep it up

[@MicrosoftOfficeTutorials]

Thanks

[@RohitTej-vh1vk]

Thank you for this learning but I have a doubt, how to add a new item to existing stock ?

[@kisembostories2139]

This is Genius. Thankyou

[@araffhoque2075]

Very informative video, Thank you so much

[@adrianjayjaymalin9043]

Really helpful! Thanks!!!! Salute from Philippines!!

[@krishanarjun8866]

Woww... wonderful and valuable information..🙏🙏

[@arfanahmed2411]

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

[@shferaw4471]

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?

[@brylleflores8855]

Nice video thank you so much

[@mdrashed3557]

If after someday buying price change and have old rate staff in stock, then how can I manage new and old rate?

[@theodorusdwikurnia3228]

How about same product but different price? Sometimes it happens

[@noumantahir1]

It is a very valuable Video, thanks for making it, one thing what if there is a price difference in opening stock and purchases?

[@immaculatenthigah2233]

You are the best

[@malalsowms]

Do you have any video showing how to create warehouse locations in Excel for a beginner?

[@Timothythebrewer]

Well done! Thank you.

[@umarhkhan5946]

Thanks you Sir very much helps

[@SittComani]

GREAT CONTENT! Quick question and I hope your still answering questions for this, is this for daily update inventory?

[@MicrosoftOfficeTutorials]

Yes you can use it for daily update

[@SittComani]

@@MicrosoftOfficeTutorials ty for quick response, i'll be subscribing!!!

[@piabascon7216]

Thank you very much. This is what I'm looking for!

[@LandroCycling-tg3gx]

thank you very helpful

[@whengTV]

thanks, ver informative 👍

[@sheanesufungura6229]

Thank you so much for this. I have 1 question though. Price per unit of buying and selling items may change with time as its not a constant...how do we show this on this system?

[@midwesttumblersllc3822]

did you ever figure out a way to handle this?

[@airlock5375]

1

[@temitayoadeyemo5526]

Did you figure this out eventually?

[@MicrosoftOfficeTutorials]

New video will be released next week containing same inventory management system dealig with changing prices. Stay tuned 😉

[@johncollinsmachave9728]

@@MicrosoftOfficeTutorials we are waiting for it

[@joshyoosh]

super useful. thank you sir

[@adminshashwatgreenbuilding6893]

Amazing tutorial....Helped me lot.. :) Thanks for sharing

[@UrbancityentTv]

Please do a video on inventory valuation using Weighted Average Cost of Capital

[@dielikakone4631]

THANK YOU IT IS VERY HELPFUL CLEAR

[@mln-mal]

Hi, thank you for the details. Sir how can we make a printed document of all items for a particular month. For example no. of an item bought and sold in a month and the amount. Thank you

[@Shaniamoonemalle]

Helpful video! I just have a question, what does closing stock mean?

[@MicrosoftOfficeTutorials]

Stock in hand at closing date

[@kairitac]

very helpful thanks

[@abdulganiyumusashinkafi9034]

How can I create daily automated retail inventory sales records I will like you make a video for that thank you as we are benefiting from your videos Sir God bless

[@jetjean19]

I can make like this inventory system

[@kamalraj1005]

This is amazing. Can u help me setup a inventory system?

[@MrKa-hv7nc]

Great video