An inventory database is essential for any product-based business to flourish.
It provides easy access to valuable data and helps make key business decisions, such as ordering new inventory.
Not only is it possible, but its also quite easy.
you’re able to easily update the database by adding new data or by modifying existing data.
Also, it’s possible for you to filter out desired information from the newly created inventory database.
Instead of searching for it in the database, you canuse the VLOOKUP function in Excel.
Thats just because we havent added our desired SKU (LOOKUP_VALUE) under the SKU header.
To find out the price of a particular SKU (from our assigned range i.e.
it’s possible for you to do this for any item within the database.
To find out further information about the item, you repeat the same process.
Lets say you also want to find out the number of available units of an item.
To do that, create another header next to thePriceheader and name itNo.
of Unitsheader is in the 5th column of our database.
