10 Tips for Efficient Inventory Management in Google Sheets

1. Keep SKU Codes Consistent

Ensure every product has a unique SKU or product ID to prevent confusion and duplicate entries.

2. Use Separate Columns for Product Details

Keep product name, category, quantity, and price in separate columns for easier filtering and analysis.

3. Track Stock Levels

Maintain a quantity column and use formulas to calculate total stock and detect low inventory automatically.

=IF(C2<10,"Low Stock","In Stock")

4. Detect Duplicates

Use conditional formatting or formulas to highlight duplicate entries in your inventory.

=COUNTIF(A:A, A2)>1

5. Highlight Missing Data

Use formulas to flag missing critical information such as price or supplier.

=IF(ISBLANK(B2),"Missing Price","OK")

6. Automate Alerts

Use conditional formatting or Apps Script to get automatic alerts when stock is low or missing.

7. Record Inventory Changes

Maintain a log sheet to record all additions, removals, or updates for tracking and auditing purposes.

8. Use Data Validation

Restrict entries in columns like Category or Supplier to predefined lists to reduce errors.

9. Backup Regularly

Duplicate your Google Sheet periodically or enable version history to avoid data loss.

10. Leverage Multi-Color Highlighting

Use color codes to mark status such as low stock, discontinued, or new arrivals for faster visual checks.

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