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In this Excel tutorial, Sharon Smith demonstrates how to create a simple and effective inventory list. The tutorial is suitable for small business inventory management or organizing personal items. Sharon outlines the key data columns to capture and explains how to use conditional formatting to highlight items that need reordering. She also introduces pivot tables for easier viewing and analysis of inventory data. The tutorial is step-by-step and begins with an overview of the inventory list to be created. Additionally, a link to purchase the template used in the video is provided for those looking to save time.