Inventory management is all about having a solid, detailed list of the spare parts you manage (stocked on-site or order just-in-time).
This includes basic spare parts inventory tracking. Although never a replacement for a true dedicated inventory solution, you can cover the basics and use as intermediate solution until your needs grow. Microsoft Excel is an amazing general spreadsheet solution that can be used for many business tasks.
HOW TO USE EXCEL QM FOR PC SOFTWARE
This will also help you budget for inventory needs.Īnd while Excel inventory management can help you get ahead, the next step is to utilize software to really understand and optimize your inventory. An Excel-based inventory management system can allow you to better categorize, tag and label inventory items for improved awareness across your team. It's also a very accessible tool to help get you up and running with an easy way to manage maintenance inventory. If you're looking to take your inventory management system to the next level from paper or sticky notes, then Excel is a good next step.Ĭan I use Excel for inventory management?Įxcel inventory management can help you better organize and track inventory and stock items, so you have a better idea of what you have and what you need. When you're low on resources, Excel spreadsheets can be a good way to start tracking inventory management.
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