MACROS VBA EXCEL
Inventory management, stock control or inventory control is a business process which is responsible for managing, storing, moving, sorting, arranging, counting and maintaining the inventory i.e. goods, components, parts etc. Inventory management ensures that the right inventory is available as per the demand at low costs. Inventory control makes sure that the core processes of a business keep running efficiently by optimizing the availability of inventory.
INVENTORY MANAGEMENT IN VBA EXCEL
Inaccurate inventory records create a higher lead time, a slower response to demand, market changes and stock outs. Use this inventory management software to avoid product overstock and outages. The software includes also powerful analytic and reporting kit, and out-of-the-box features such as inventory replenishment for avoiding stock-outs.
Add or edit items, record transactions, make inventory adjustments and explore reports to check your inventory level and replanishment.
For each item, you can add or edit the item code, name, unit of measurement, reoder point and economic quantity order (EOQ).
Pressing “Calculate” button, a new window is going to open and you will be able to calculate reorder point and economic order quantity.
Economic order quantity (EOQ)
Review changes to the inventory level of a particular item.
This report shows the inventory level. You can print or export this report into a new excel sheet.
This report shows the items with inventory level under the reorder point quantity (Compare the inventory column with the reorder point column). The company has to purchase/manufacture these selected items. The optimal quantity to purchase/manufacture is EOQ (Economic order quantity). You can print or export this report into a new excel sheet.