IF FORMULA TO PUT AUTOMATIC STATUS

I would like to know what can I do to put automatic status for my monitoring sheet?  There are 3 status:  In Transit, Cancelled and Delivered.  I want to know if its possible that when the requestor input the delivery date (refer to the screenshot), the status will change to "Delivered".  For the Cancelled and Transit though, is it possible that even if the delivered status is formulated, putting In Transit and Cancelled is manual dropdown?

Hope someone can help me.  Thanks.

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