How does the Materials Dashboard in the inventory management spreadsheet assist in visualizing top inventory metrics?

The Materials Dashboard in the inventory management spreadsheet assists in visualizing top inventory metrics by providing a visual representation of the data. It allows users to track inventory levels, last quantity received, current value ordered, and average unit price for each material. The dashboard also includes filters that can comb through the data by order date or by specific material SKU. This makes it easier to understand and analyze the inventory status. The inventory value is then visualized as a pie chart and a bar chart, providing a clear and concise view of the inventory metrics.

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Last, the "Expiration" section defines the expiration time and which location to pick from first to ensure the right ingredients are being moved at the right time. For example, tomatoes go bad after a week, so mark the expiration date as seven days. Frozen beef can last three to four months. The Materials Dashboard visualizes this data to track top inventory metrics. The filters at the top comb through this data by order date or by specific material SKU. In this example, we can see how much beef we have in stock, the last quantity received, the current value ordered, and its average unit price. The inventory value is then visualized as a pie chart and a bar chart.

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Inventory Management

Need a spreadsheet to manage incoming and outgoing inventory? Our Inventory Management spreadsheet template includes a ledger to track orders and inve...

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