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Electrical Distribution Software: Is Your Inventory Spreadsheet Outdated?

Electrical Distribution Software: Is Your Inventory Spreadsheet Outdated?

Electrical distribution software helps the dwindling productivity of the American worker faced with too many spreadsheets

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.

Electrical DistributionIt 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!

About Optimize Our Inventory

At Optimize Our Inventory, our team with over 30 years of experience, works with small and mid-sized companies throughout Southern California and have discovered that bridging the gap between your software’s basic capability and your true operational requirements results in significant efficiency gains that carry significant and measurable ROI.

Optimize Our Inventory has developed an innovative process that combines technology with a library of best practices resulting in a solution that is affordable, easy to implement and will significantly extend the capability of your current business software. No longer the domain of large enterprise companies, many small and mid-sized businesses are leveraging these business tools to address some of the following common business issues:
  • Consolidation of disparate systems and spreadsheets that reside outside your core system to eliminate redundant, manual data entry while reducing potential for errors.
  • While standard reports tell you what happened, we program custom tools that tell you what’s happening to proactively spot trends and opportunities so you can take quick, decisive action.
  • Translate a business vision into functional software and an actionable plan.

Specialties:  Inventory Optimization, Warehouse Management, Accounting Software, Custom ERP, Sage Accpac, SAP, Microsoft, Motorola

Please visit NetStock for the original version of this blog post.


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