Spreadsheets: Friend or foe?
For almost all business professionals, the relationship with spreadsheets started when they were at school. Over time, they become familiar with the intricacies of the tool. As a result, spreadsheets are often the default programme for every bit or analysis required.
However, many businesses are far too reliant on these simplistic data processing tools. While spreadsheets are easy to use, in many business situations, they simply lack the processing power, standard structure or robustness required. This is especially true in supply chain management where almost all decisions have to be underpinned by effective analysis of potentially thousands of lines of data.
To build a spreadsheet that is capable of managing such large volumes of data, someone would have to spend hours upon hours building and refining a spreadsheet to deliver the required results. Even then, the end spreadsheet would no doubt be slow and cumbersome: not to mention prone to crashing!