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")