Inventory Tracking in Excel

Unlock the full potential of your spreadsheets and streamline your operations with the course Inventory Tracking in Excel. Led by David Ringstrom, CPA, this training is designed to help you overcome common software frustrations and ensure that you work Excel, rather than letting it work you. By moving away from inefficient, brute-force methods, you will learn to utilize sophisticated tools that automate data transformation, enhance analysis, and simplify complex tasks.

This course guides you through a progression of powerful features found in Microsoft 365, focusing on practical techniques to manage data effectively. You will start by mastering data extraction and cleaning, move through advanced formulas for decision-making, and finish with automation techniques.

Specific topics covered in this course include:

• Using Power Query to extract and clean data from external sources, such as PDFs, and setting up self-updating queries to eliminate repetitive manual work.
• Implementing modern lookup functions, specifically XLOOKUP, to dynamically retrieve data and handle errors more gracefully than legacy functions like VLOOKUP.
• Applying logic and analysis tools, including the IF function, Goal Seek, and Solver, to perform What-If analysis and calculate missing variables in financial or operational scenarios.
• Summarizing and visualizing data through the creation of Pivot Tables and Pivot Charts, and using Slicers for interactive reporting.
• Forecasting future trends based on historical date-based values using the Forecast Sheet feature.
• Enhancing data visibility with Conditional Formatting and Data Bars to identify high-priority items or outliers instantly.
• Automating repetitive formatting tasks using the Macro Recorder, specifically focusing on the Center Across Selection technique as a robust alternative to Merged Cells.

By the conclusion of this presentation, you will have a solid understanding of how to connect to data, visualize operations, and automate your workflow. Whether you are managing inventory lists or complex financial reports, these skills will enable you to navigate Excel with confidence and efficiency.