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How to Use Excel for Lab Inventory Management: Track Reagents, Consumables, and Expiry Dates Easily

How to Track Lab Inventory and Expiration Dates Using Excel



Managing lab reagents and consumables can quickly become overwhelming without a good system in place. While dedicated inventory management software like Quartzy exists (allowing you to track stock levels and requests across a lab team), many laboratories still rely on Excel spreadsheets for day-to-day inventory tracking.

In this tutorial, I’ll show you a simple way to set up Excel to:

  • Track reagent stock levels

  • Flag items that are about to expire

  • Highlight items that are already expired

This setup works with just a few formulas and conditional formatting rules.


Step 1: Set up your inventory sheet

Example: create a new Excel spreadsheet with three columns:

  • Column A → Item Name

  • Column B → Stock Quantity

  • Column C → Expiration Date

That’s all you need to start tracking your reagents.


Step 2: Highlight reagents close to expiring

We want Excel to automatically warn us when an item’s expiration date is approaching.

  1. Select all the expiration dates in Column C.

  2. Go to: Home → Conditional Formatting → New Rule → Use a Formula to Determine Which Cells to Format.

  3. Enter this formula (assuming your dates start in cell C2):

=AND(C2-TODAY()<=30, C2>=TODAY())


Here’s what the formula does:

  • C2-TODAY()<=30 → Flags items expiring in the next 30 days.

  • C2>=TODAY() → Ensures that only items with a valid future date are highlighted (ignores blanks or dates far in the future).

  1. Choose a formatting color (yellow or orange works well for “about to expire”).


Step 3: Highlight reagents that are already expired

To flag expired reagents, repeat the steps above with this formula:

=C2<TODAY()


Now, any reagent past its expiration date will be highlighted in red.


Step 4: Optional — Flag low stock items

You can add another rule in Column B to flag items with critically low stock. For example:

=B2<=2


This will highlight items with a stock quantity of 2 or less. Adjust the threshold depending on your lab’s needs.


Why this works

Using conditional formatting gives you a visual, automated system to track expiration dates and stock levels without having to manually check each entry. While Excel may not be as sophisticated as dedicated inventory software, it remains a practical, free, and widely accessible tool for many labs.


Pro tip: If your lab requires multi-user access or request management, tools like Quartzy may be a better fit. But if you just need a quick and reliable way to monitor reagents, Excel is a great option.


For the visual learners

Watch our video on how to track lab inventory with Excel.





 

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Adwoa Agyapomaa has a BSc from RMIT, Australia and an MPH from Monash University, Australia. Adwoa is the founder of Adwoa Biotech. She is currently a Senior Research Assistant. Enjoyed the tutorial? Connect with me on YouTube [Adwoa Biotech] where we talk biotech techniques, and lab workflows.