The document provides guidance on using Excel formulas to analyze inventory data across 21 steps. It describes using formulas like IF, LEFT, MID, AND, OR, MAX, MIN, SUM, AVERAGE, COUNTIF, COUNTIFS, and MINIFS to categorize items, determine warehouses, calculate sales metrics, identify restock needs, and summarize data by category, warehouse, price, and status. The goal is to extract high-level insights from the raw inventory data through conditional logic and array formulas.
The document provides guidance on using Excel formulas to analyze inventory data across 21 steps. It describes using formulas like IF, LEFT, MID, AND, OR, MAX, MIN, SUM, AVERAGE, COUNTIF, COUNTIFS, and MINIFS to categorize items, determine warehouses, calculate sales metrics, identify restock needs, and summarize data by category, warehouse, price, and status. The goal is to extract high-level insights from the raw inventory data through conditional logic and array formulas.
The document provides guidance on using Excel formulas to analyze inventory data across 21 steps. It describes using formulas like IF, LEFT, MID, AND, OR, MAX, MIN, SUM, AVERAGE, COUNTIF, COUNTIFS, and MINIFS to categorize items, determine warehouses, calculate sales metrics, identify restock needs, and summarize data by category, warehouse, price, and status. The goal is to extract high-level insights from the raw inventory data through conditional logic and array formulas.
1. Category Column based on the first digit of ItemID (IF(), LEFT())
E for Electronic F for Food and Beverage O for Others 2. Warehouse based on the middle section of Item IF (IF() and MID()) A1 = AlphaSec 1 A2 = AlphaSec 2 B1 = Beta Sec 1 B2 = Beta Sec 2 O = Gamma 3. Inventory Sold is calculated 4. Total Price is calculated from Inventory Sold x Price 5. Selling status is based on Category and Total Price (IF(), AND(), OR()) Electronic >20.000.000 = Very good >=5.000.000 – 20.000.000 = Good <5.000.000 = Bad Food and Beverage >3.000.000 = Very good >=1.500.000 – 3.000.000 = Good <1.500.000 = Bad Others >3.000.000 = Very Good >=1.000.000 – 3.000.000 = Good <1.000.000 = Bad 6. NeedtoBuyInventory (IF(), AND()) Electronic (Ending Inventorylessthan 40) Food andBeverage (Ending Inventorylessthan 90) Others (Ending Inventorylessthan 20) 7. Supplier (IF(), AND()) Electronic = BerryBerry Elec Co. Food andBeverage = Zapi Hut Co. Others = CementThreeTires Co. 8. Maximum Total Price (MAX()) 9. Maximum Total Price from Others Category which has Good Selling Status (MAXIFS()) 10. Minimum Total Price (MIN()) 11. Minimum Total Price from item ID ends with "1" (MINIFS()) 12. Grand Total Price (SUM()) 13. Average Total Price (AVERAGE()) 14. Average Quantity Sold from Food and Beverage Category which has "i" in Item Name and has Goodselling status (ROUNDUP(), AVERAGEIFS()) 15. Total Inventory Sold for Electronic Category (SUMIF()) 16. Total Inventory Sold for Others Category (SUMIF()) 17. Total Price from Warehouse Beta Sec 1 which has ending inventory less than 40 (SUMIFS()) 18. Total Ending Inventory in Alpha Sec 1 (SUMIF()) 19. How many items need restock ? (COUNTIF()) 20. How many items from Electronic Category need restock ? (COUNTIFS()) 21. How many item from Electronic Category, Warehouse in Beta Sec 1 has goodselling status ? (COUNTIFS()) 22. Minimum Ending Inventory from Food and Beverage Category, doesn't need restock, from Alpha Sec 2, and total price more than 4.000.000 (MINIFS())