If you entered apples 27 times and oranges 14 times, Excel will tell you immediately with its Count function. This isn't just for comparing apples and oranges, it's useful for tracking any type of ...

Ford's inventory turnover ratio is calculated by entering the formula =B4/B3 into cell B5. The resulting inventory turnover ratio of Ford Motor Company is 12.73. Next, enter =10400000000 into cell ...

Excel is a powerful tool that can be used to create an automated inventory management system.By setting up a well-structured system, businesses can efficiently track inventory levels, identify ...

See the Manage Your Inventory Web page (link in Resources) to learn easy formulas for calculating these quantities. Warnings Information in this article applies to Excel 2010.

If you regularly work with data sets in Excel, you know how important it is to be able to quickly find the information you ...

Unlock the power of Excel's SCAN function for advanced analytics and seamless calculations. Simplify your work and boost efficiency today. ... inventory management, and financial scenario modeling.

Excel has finally addressed this pain point with the introduction of a new function called SCAN.It’s designed to streamline calculations like running totals.

The Vlookup formula matches that ID to the corresponding ID in another sheet, so you can pull information like an item description, price, inventory levels, and other data points into your current ...

When the current inventory dips below (or is equal to) the reorder amount, Excel highlights that cell. With a quick glance, you can determine which items to order.