Create an Inventory Tracker
Flag items to reorder, value your stock and make low stock impossible to miss.
You will learn to
- Flag reorders with IF
- Calculate stock value
- Highlight items that need reordering
How it works
List each item with its quantity on hand and a reorder level. =IF(B2<=C2,"Reorder","OK") flags anything at or below the reorder point, =B2*D2 gives the value of stock on hand, and a conditional formatting rule that highlights cells containing "Reorder" makes the shopping list jump out.
=IF(B2<=C2,"Reorder","OK")