Populate field with another fields value conditionally

I want to populate the serial number field with the id field value but only if the part type column does not contain certain values. Any suggestions

You would insert into the App Formula property and expression like:

IF (NOT(IN(Part Type], {"Value 1", "Value 2", "Value 3", "Value 4",...})),
    [ID Field],
    ""
)

See these articles for more on the expression functions used above

IN()

NOT()

IF()