What are the potential challenges of managing inventory using a spreadsheet?

The spreadsheet can assist in managing inventory for online and offline sales by tracking orders and inventory levels for both materials and products. It visualizes important metrics related to total inventory value, expiration dates, materials most in demand, and maximum versus minimum order intakes. This helps in easily managing and visualizing material inventory levels.

To manage overstock and understock situations using the spreadsheet, you can use the ledger to track orders and inventory levels for both materials and products produced. You can also use the dashboards to visualize the most important metrics related to total inventory value, expiration dates, materials most in demand, and maximum versus minimum order intakes. This will help you to understand the current inventory situation and make informed decisions to prevent overstock and understock situations.

The spreadsheet can be used to manage backorders and pre-orders by tracking orders and inventory levels for both materials and products. It can visualize important metrics related to total inventory value, expiration dates, materials most in demand, and maximum versus minimum order intakes. However, specific features for managing backorders and pre-orders may need to be added or customized based on your specific needs.