Microsoft Excel® Guide for Inventory Control (OnDemand Webinar)

$199.00

SKU: 407938EAU

Description

Learn to utilize Excel to effectively manage and control inventory.Organizations today are still challenged to manage and control their inventories. This impacts ontime customer deliveries, expedited purchases, longer workinprocess cycles, higher downtime, and wasted time and effort. The impact of misplaced, lost, and incorrect inventory due to the lack of the right inventory management tools has a significant hit on the organization’s total cost of ownership. It is also a very difficult number to quantify. One tool that many have found a great boon to inventory management is the use of Excel spreadsheets. They help inventory planners get on top of inventory, its movement, storage, and transit. Using Excel reaps benefits and pays for itself time and again. Inventory management and control is all about knowing when to order, how much to order, and how to ensure inventory integrity. Excel supports all three of these efforts.

Date: 2020-12-14 Start Time: End Time:

Learning Objectives

Inventory Management and Control
• Terminology Defined
• Critical Impact of Inventory on the Organization’s Bottom Line
• The Real World of Inventory Management
• How the Use of Excel® Spreadsheets Impacts the Integrity of Inventory
• Excel® and Inventory Management Working Together

Excel® Functions for Inventory Control
• A Little Bit on Excel® and Its Virtues
• Case Examples in Using Excel® in Managing Inventory
• Principles of Microsoft® Excel®

Steps in Creating Inventory Spreadsheets
• Making a List in Excel®
• Creating a Template
• Making Changes to Inventory System

Microsoft’s® Basic Inventory Control Spreadsheet
• The Math
• Ranking
• Data
• Auditing

Best Practices in Using Excel®
• Seven Basic Tips for Success in Inventory Control Using Microsoft® Excel® Spreadsheets

ISM ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Marilyn Gettinger-New Directions Consulting Group