VBA Tricks For Forecasting Operations In A Nutshell

 

Hi All

 

Another productive day at work, and I’m excited to share a fantastic VBA trick with you! This tool will significantly ease the burden of tracking sales for individual customers. In today’s video, I’ve demonstrated how to manage data for 120 customers effortlessly. With this method, you’ll never lose track of a single customer again. While the coding and execution are straightforward, the benefits in real-world business scenarios are immense. Check it out and streamline your operations like never before!

 

Here’s the code: If it doesn’t work for you, you can modify it on any AI platform like Bing, ChatGPT, etc. However, please ensure the formats remain exactly the same, as it’s a complex code that won’t function otherwise.

Does this work for you? If you need any further adjustments, feel free to let me know!

 Private Sub Worksheet_Change(ByVal Target As Range)

    Dim selectedCustomer As String

    Dim salesDataRange As Range

    Dim salesData As Range

    Dim i As Long

   

    ' Define the range containing customer names (Sheet1 B1:DQ1)

    Set salesDataRange = Worksheets("Sheet1").Range("B1:DQ1")

   

    ' Check if the change occurred in cell B1 (where the dropdown list is)

    If Target.Address = "$B$1" Then

        ' Get the selected customer name

        selectedCustomer = Target.Value

       

        ' Find the corresponding sales data for the selected customer

        For i = 1 To salesDataRange.Columns.Count

            If salesDataRange.Cells(1, i).Value = selectedCustomer Then

                ' Set the sales data range (Sheet1 B2:DQ13)

                Set salesData = salesDataRange.Offset(1, i - 1).Resize(13)

                Exit For

            End If

        Next i

       

        ' Populate the sales data in Sheet2 B2:B13

        Worksheets("Sheet2").Range("B2:B13").Value = salesData.Value

    End If

End Sub

 

Now that this is over, Ill talk you into steps:

 

Step 1: Download a forecasting template either from here: Perform Holt-Winters Exponential Smoothing in Excel (exceldemy.com) or from another source on the web. It’s even better if you create your own forecasting model using your own material. Since morning, I am lazy and didn’t want to construct my own model all over again. It took me 20 minutes to download and install this code and finally to make it work exactly like I wanted to as my apropos wish.

Step 2: Insert customer data into Sheet 1. Ensure that the columns in both sheets have the same number of cells.

Step 3: Return to the forecasting page (Sheet 2) and insert a dropdown list using Data Validation, as demonstrated in the video.

Step 4: Press Alt+F11 to open the VBA editor, insert the code, and save the file as a macro-enabled worksheet.

Step 5: Test the setup by selecting different customer names from the dropdown. You will get forecasts for all 120 customers in a nutshell!

This forecast will be as effective as the formula is!!

Hope you enjoyed this trick as well and have a nice day……

 

Excel workings