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You know how to use excel for inventory control? Indeed, Excel is an indispensable tool today, considering that it is possible to intelligently create control over your stock, using the tools of the most famous spreadsheet among users, not only in Brazil, but across the planet.
Regardless of whether you have a small business or a medium-sized business, or even a large company, automatically and daily stock control is of paramount importance to maintaining the health of your company. That's why we're going to learn throughout this article how to use Excel for this purpose.
To know how to use excel for inventory control, is essential for your company's financial health, bearing in mind that a well-executed and responsible management can identify the best time to go shopping to replenish your stock, or even know if you need to wait a little longer.
First of all, you must remember that in order to have a good stock planning, your strategy must be fully integrated with the other aspects of your company. .
That is, through this organized process, whether through a system or an Excel spreadsheet, the result will certainly be a reduction in expenses in excess inventory, or even in other expenses with products. It is worth remembering that many companies end up having financial difficulties, simply due to lack of planning and organization.
Through a balanced stock, the entrepreneur will be able to direct his company's resources to the areas that most need it, in order to have a better use of his financial resources. Therefore, an optimized worksheet will show the greatest demand in your market and which products are most in demand and which products take longer to come out.
Having the entrepreneur in hand, the complete analysis of his products, he will be able to identify as a hit 100% what is the consumption pattern of his products through the history of his customers. Therefore, he will be able to develop more accurate strategies, both to increase his sales and to control and improve his cash flow.
It is worth remembering that it is possible to use systems in Excel, completely free of charge, as there are several spreadsheets available on the internet for you to adapt to your business. It is also worth remembering that even small companies need to be organized to control their stock, so an Excel spreadsheet is super indicated in this case as well.
It is necessary to have a precise analysis of the inputs and outputs of your products, as this is the only way for you to control your stock, and keep your company organized and optimized, bearing in mind that the lack of control in stock, generate losses that entrepreneurs end up letting it go unnoticed.
This is a very important issue, as many entrepreneurs are not aware of their own inventory, so they end up running the company the wrong way, and without realizing it, they start losing a lot of money, and the accounts end up not closing at the end of the year. month. Without a doubt, the problem is in inventory control.
First, you need to know what you have in stock, from then on, you need to know the quantities of each product and which products have more output. It is worth remembering that this needs to be done at least once a month, since you need to know how to move your stock in a used way.
Another important tip is to automate the whole process, through an Excel spreadsheet, you can leave everything automated so that your sellers just launch the outputs, that way, everything is done automatically from the stock part or even the accounting.
Through this specific spreadsheet, you will be able to access all the tabs, such as: “supplier registration”, “product registration”, “incoming”, “general stock control”, and “outgoing”. Through these tabs, you will have full control of your stock, as everything is done automatically, and the spreadsheet is already properly configured with your codes, you just need to enter the outputs for everything to be done automatically.
It is worth remembering that each item in the worksheet is subdivided, that is, in addition to the inputs and outputs and inventory control, it is possible to have everything written in dates, thus facilitating the identification of any movement of the company in a given period.
For more information on worksheets and health strategies for your company, visit our apps category. Good luck!
