Pivot tables allow you to do the following:
- Summarize information to answer pretty much any question imaginable.
- Impress your boss and peers by extracting actionable information.
- Improve your job performance and make yourself indispensable.
What types of questions can Excel Pivot Tables answer?
- Who was our top customer based on total units sold in past 6 months?
- Which vendor did we spend the most money with in “INSERT YEAR HERE”?
- Which part number or product sold the most units in the month of July?
- Which part number or product provided us with the largest profit margin?
- What is our monthly usage by part number for the year of “INSERT YEAR HERE”?
- Where are the majority of our customers located?
- How much inventory do we need to carry in order to turn our inventory 10 times a year?
- How much inventory do we need to buy to be able to fulfill our customer needs but also keep the cost of inventory down in order to maximize cash flow?
- Which manufacturing facility has the most capacity and produces the most product?
Here is a quick and easy sample of what an Excel Pivot Table can do:
This table shows top sales by product category:
