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Logistics: How to update inventory based on part # and usage

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    Question Logistics: How to update inventory based on part # and usage

    Hello,

    I hope all is well with y'all!

    I'm not excel savvy whatsoever, so I'm not sure how to properly ask for what it is I need.

    Using the picture below as the example, I'm looking for a formula that would deduct from each line item in Section "A", which is the current stock supply, based on Sections "B" & "C" and will continue to update as more items are checked out ...... So in this case, the first and second line items would have a current stock of 23, and the third would have 20.


    spreadsheet_1.jpg


    Please let me know if that makes sense or not. Any and all help would be greatly appreciated.

    Thanks in advance!


    Most Respectfully,
    James
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    Last edited by jimbo_actual; 02-11-2020 at 12:42 PM.

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    Forum Expert Pepe Le Mokko's Avatar
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    Re: Logistics: How to update inventory based on part # and usage

    Administrative note

    Welcome to the forum

    in your haste to solve your problem, you probably missed the yellow banner advising how to get answers faster by posting a sheet ?

    Please take a moment to read it and attach a sheet accordingly.

    Thanks you for helping us help you

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    Re: Logistics: How to update inventory based on part # and usage

    Thank you for that! I've gone ahead and posted the sample spreadsheet.

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    Re: Logistics: How to update inventory based on part # and usage

    Does the attached help?
    When you add a row to the Distribution list the stock will be updated.
    The only problem is when you add some items to the stock. Will you enter it as a negative value in the distribution list?
    Attached Files Attached Files

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    Re: Logistics: How to update inventory based on part # and usage

    Quote Originally Posted by Pepe Le Mokko View Post
    Does the attached help?
    When you add a row to the Distribution list the stock will be updated.
    The only problem is when you add some items to the stock. Will you enter it as a negative value in the distribution list?
    Sir, you are a wizard. I genuinely appreciate your help. It works beautifully. And now I learned a new formula!

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    Forum Expert Pepe Le Mokko's Avatar
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    Re: Logistics: How to update inventory based on part # and usage

    Have you also seen the usage of an XL table (Part# and Qty columns) ?

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    Re: Logistics: How to update inventory based on part # and usage

    Quote Originally Posted by Pepe Le Mokko View Post
    Have you also seen the usage of an XL table (Part# and Qty columns) ?
    I have not. How does it differ from what you utilized?


    Quote Originally Posted by Pepe Le Mokko View Post
    The only problem is when you add some items to the stock. Will you enter it as a negative value in the distribution list?
    Yes, that's what we usually do with our sheets.

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