Analyzing Inventory and Sales Trends in Excel for a Specific Product

[amelialogan778]

Hello Excel Experts,

I'm seeking guidance on analyzing inventory and sales trends using Microsoft Excel. I have a dataset that pertains to a specific product, which in this case is a popular oral healthcare product.

The dataset includes the following information:

1. Date of sale
2. Quantity sold
3. Price per unit
4. Total revenue

I'm interested in utilizing Excel's functionalities to calculate and visualize key metrics related to Dry mouth spray, such as:

1. Monthly sales volume trends for the product.
2. Average price per unit over time.
3. Understanding inventory levels based on sales and purchases.

I'm looking for suggestions on how to automate these calculations in Excel, allowing for easy updates to the data and visualization of the latest trends. Any advice, best practices, or tips from experienced individuals who have worked with inventory and sales analysis in Excel would be greatly appreciated.

Thank you for your assistance!

[AliGW]

There are instructions at the top of the page explaining how to attach your sample workbook (yellow banner: HOW TO ATTACH YOUR SAMPLE WORKBOOK). Screenshots are of little practical use as we cannot manipulate them.

A good sample workbook has just 10-20 rows of representative data that has been desensitised. It also has expected results mocked up, worked examples where required, relevant cells highlighted and a few explanatory notes.