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Color Street Inventory Spreadsheet

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Published at Sunday, May 09th 2021, 22:44:09 PM. Inventory Spreadsheet. By Lorena Watson.

Well, apart from the obvious additional overhead costs of managing your IT network using a spreadsheet due to the manual data input required and the high risk of data entry error, the actual process required to retrieve the data then keep it up to date is also extremely time consuming, if not laborious and horrendously boring to say the least. Storing your data within an XL spreadsheet also poses major security risks due to the easy nature that the data can be stored, copied, emailed and even accidentally deleted. Today though, there are numerous tools available that offer a wealth of different ways for IT departments to manage their network under the asset management banner. All tools have their advantages and disadvantages and prices vary wildly from vendor to vendor.

The concept of spreadsheeting has been around for hundreds of years. The process can be described as the ability to arrange numbers, characters and other objects into rows and columns. It is most common that spreadsheets only contain numbers and text. The software version of spreadsheeting basically takes the manual processes described above and puts them into an electronic format. Whilst the accounting industry which most commonly uses spreadsheets they can be used in any situation. The types of industries that use spreadsheets include the science industry, financial services industry, aviation industry, civil and mechanical engineering industry, education, research, science, bio-sciences, marine biology, the list is endless. Essentially any industry that requires the ability to plan, analyse and model data.

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Yet there is no tool for project management that is more popular or widespread than the spreadsheet, despite the fact that spreadsheets are not designed to be project support tools. Even in organizations with an established project management tool, spreadsheets are used. There are obvious reasons for this. A spreadsheet program is on almost every computer in every organization, people are familiar with spreadsheets and how to use them, and people are pre-disposed to use these "office" types of software tools to solve problems. And I am right there with them. I love using spreadsheets to track all kinds of data. It is easy, convenient, and I admit ego-boosting to show off what I can do in a spreadsheet.

Yet there is no tool for project management that is more popular or widespread than the spreadsheet, despite the fact that spreadsheets are not designed to be project support tools. Even in organizations with an established project management tool, spreadsheets are used. There are obvious reasons for this. A spreadsheet program is on almost every computer in every organization, people are familiar with spreadsheets and how to use them, and people are pre-disposed to use these "office" types of software tools to solve problems. And I am right there with them. I love using spreadsheets to track all kinds of data. It is easy, convenient, and I admit ego-boosting to show off what I can do in a spreadsheet.

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