How to Flag Low Inventory Items in Excel?
Ensure you never run out of stock by using a visual alert formula to flag items below their reorder points.
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The formula
"Flag inventory items that have fallen below their reorder point with a visual alert formula"
=IF(A2<B2, "Reorder", "Stock OK")This formula checks if the inventory level is below the reorder point and flags it accordingly.
Step-by-step breakdown
- A2 is the current inventory level.
- B2 is the reorder point.
- IF function evaluates whether A2 is less than B2.
- If true, it returns 'Reorder'; if false, it returns 'Stock OK'.
Edge cases & warnings
- If A2 is exactly equal to B2, the formula will return 'Stock OK'.
- If A2 contains a non-numeric value, it will result in an error.
- If B2 is empty, the formula will always return 'Stock OK'.
Examples
"Current inventory 50, Reorder point 100"
Reorder"Current inventory 150, Reorder point 100"
Stock OKFrequently asked questions
Can I customize the alert message?
Yes, you can change 'Reorder' and 'Stock OK' to any text you prefer.
What happens if I use negative numbers?
Negative numbers will be evaluated just like positive numbers, so ensure they make sense in your context.
How can I apply this formula to multiple rows?
Drag the fill handle down from the corner of the cell to apply the formula to other rows.
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