Automated Inventory Forecasting Tool in Excel (No Macros, No Power BI)
Still running out of stock unexpectedly? In this guide, you’ll learn how to build an automated inventory forecasting tool in Excel using only formulas. No macros. No Power BI. Perfect for small businesses and supply chain professionals.
What Problem Does This Solve?
- No clear reorder points
- Manual inventory tracking
- Overstocking or missed sales
Core Excel Logic Used
- Historical sales data
- Supplier lead time
- Current stock levels
- IF conditions for reorder status
- XLOOKUP for dynamic selection
- Data Validation dropdowns