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In this Excel tutorial, Sharon Smith demonstrates how to create an effective inventory list suitable for small businesses or personal organization. She covers essential data columns to capture, and explains how to implement conditional formatting to identify items that need reordering. The tutorial also includes a brief introduction to using pivot tables for easier analysis of inventory data. Sharon promises a step-by-step approach to building the inventory list from scratch, and offers a link below the video for those interested in purchasing the template used in the tutorial.