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Excel for Inventory Management

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  1. #1
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    Excel for Inventory Management

    Hi, would appreciate any advice from the group.

    I am using Excel to keep track of inventory. However, the current method of maintaining the file doesn't seem to be very efficient. Basically, I have a list of different SKU which are stored in different locations. When a certain SKU is used, the same quantity is replaced into the location where the SKU was withdrawn. The difference lies in the Lot No.

    For instance,

    If there is a stock OUT for 1x SKU1 in Shelf 2 Lot No. 123 -> I will manually delete this from the excel table I maintained. So if there is currently 2 nos, I will change it to 1.
    Then do a stock IN the same SKU in Shelf 2 under a different Lot No. 345 -> create an additional row and add qty 1.
    So quantity for SKU1 is always kept at 2.

    Because it is a long list of 1000 odd items, I could lost count as to whether I had deducted the no. from the original quantity when doing stock out.

    Am thinking if there is guidance on how to create an input card where stock in and out will be clearer. So assume an input card where I can type in SKU1, selection Lot no and Location to Remove it from Master File... and subsequently ADD a SKU into the master file.


    I have attached a sample file for reference. Done some reading and it seems VBA is the only way to get this done but I am not familiar.. Thinking of creating an user form for data entry (input card) and am seeking guidance how I can make the form subtract or add to a master file.
    Attached Files Attached Files
    Last edited by Jen89; 03-29-2021 at 10:20 AM.

  2. #2
    Forum Expert torachan's Avatar
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    Re: Excel for Inventory Management

    The basics are in the attached workbook.
    This was produced as a result of another query, i have put your data in and adapted to suit.
    Any questions post back on this site.
    The data storage is in table format do not manually extend it, this expands/contracts dynamically as data is added or removed.
    torachan.
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    Re: Excel for Inventory Management

    Thanks a lot for the worksheet. It gave me idea how I can go about it. Just a question, is it possible to just add or subtract the number under quantity in the inventory tab instead of having a separate columns in the Inventory tab? Say for instance my current inventory quantity is 10, when I do a purchase of another 10, the number should change to 20 instead of displaying it under a separate column "Purchase Qty". Similarly when I do a Sales (say -5), the qty will drop from 10 to 5 instead of showing under a different column "sales qty". Thank you for your advice.

  4. #4
    Forum Expert torachan's Avatar
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    Re: Excel for Inventory Management

    Simplified version.
    Use just numbers (i.e. do not put + or - in front)
    if you do not select IN or OUT the record merely gets overwritten by whats on the form.
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    Re: Excel for Inventory Management

    Quote Originally Posted by torachan View Post
    Simplified version.
    Use just numbers (i.e. do not put + or - in front)
    if you do not select IN or OUT the record merely gets overwritten by whats on the form.
    Thank you so much..

  6. #6
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    Re: Excel for Inventory Management

    Dear Team,
    Greetings.

    This is regarding with stock audit plan for our retail outlet, hence we required your support to execute the audit on smooth manner. INVENTORY(tora(v2)) .xlsm file. When we scan on the product file it should trigger automatically on the below two columns hence share your idea for the same.
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