ERP Implementation Partner Selection Tips and eBook
How to Find the Right ERP Implementation Partner Working with the right ERP implementation partner will be critical to the success of your ERP...
2 min read
Amjad Khan Fri, Sep 02, 2016
Love it or hate it, the spreadsheet is one of those things that changed the way companies did business.
In today's world, has the technology and functionality of Excel and other spreadsheet apps hit a ceiling?
In some critical applications, we at Optimize Our Inventory believe it has.
There are now inexpensive and purpose-specific tools available, often deployed in the cloud, and they represent the next generation of tools that can again boost productivity.
As you know, our area of specialty is what we like to call “Inventory Optimization.” We recently penned a series of blog posts detailing the many pitfalls of using a spreadsheet to manage Inventory Replenishment tasks in inventory-based businesses. We’ve also presented that argument in the form of a webinar multiple times.
It is quite clear to us that it’s nearly impossible to design a spreadsheet to aggregate all of the data required to properly forecast demand, assess risk factors to calculate safety stock, and produce optimal purchase orders. Only an application designed for that specific purpose will fit the bill – a true Inventory Management System.
And that is what we have dedicated our company to producing: a cloud-delivered SaaS application for the middle market firm that is a slave to their “masterxxxx.xls” inventory spreadsheet.
This is why we believe that when it comes to Inventory Optimization, it’s time to ditch the spreadsheets. Moving beyond the tools of a prior era will provide a competitive advantage to businesses willing to integrate newer tech solutions. We think you’ll agree, and we suggest you take a moment to learn more about our electrical distribution inventory management solutions.
If you would like to continue the discussion about optimizing your inventory, give us a call at 310-313-0047 or email us today! We are here to help!
Specialties: Inventory Optimization, Warehouse Management, Accounting Software, Custom ERP, Sage Accpac, SAP, Microsoft, Motorola
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