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Top 20 Excel Functions Every Supply Chain Professional Must Know

Excel is a mission-critical tool for supply chain professionals. This curated playlist explains the most important Excel functions using real inventory, logistics, and operations scenarios.

1. VLOOKUP: Retrieve supplier lead times from vendor master data.

2. HLOOKUP: Extract monthly demand from horizontal planning sheets.

3. SUMIF / SUMIFS: Calculate inventory value by warehouse.

4. COUNTIF / COUNTIFS: Count delayed or incomplete shipments.

5. AVERAGEIF / AVERAGEIFS: Measure average supplier lead time.

6. INDEX / MATCH: Find SKU cost across large datasets.

7. PivotTables: Analyze inventory turnover and stock aging.

8. IF / IFERROR: Flag stock-outs and calculation errors.

9. CONCAT / CONCATENATE: Create unique shipment IDs.

10. TEXT / DATEVALUE: Normalize ERP-exported dates.

11. INDEX-MATCH Combination: Advanced supplier-SKU mapping.

12. Conditional Formatting: Highlight excess inventory.

13. Data Validation: Prevent incorrect material entry.

14. Array Formulas: Calculate safety stock.

15. Solver: Optimize logistics cost.

16. Pivot Charts: Visualize demand vs supply.

17. Goal Seek: Identify order quantities.

18. Advanced Filter: Extract high-risk suppliers.

19. Text Functions: Clean SKU descriptions.

20. Data Tables: Perform what-if analysis.

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Excel supply chain, inventory analysis, logistics Excel, demand planning, supply chain analytics, operations management