THE (IM)POSSIBILITIES OF INVENTORY OPTIMIZATION VIA ERP

And why it ultimately goes wrong with Spreadsheets

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Challenges in Inventory Optimization: Beyond the limitations of ERP Systems

Despite the fact that every company has an ERP system, inventory optimization is rarely achieved effectively in practice.

This whitepaper addresses why this happens and also explores the limitations of resorting to spreadsheets, something many companies resort to.

Three main points:

  • Laborious work: Using spreadsheets for inventory management results in a laborious process that consumes time and resources.
  • Prone to error: Spreadsheets are prone to human error, which can result in incorrect decisions and financial losses.
  • Limits are reached: Over time, spreadsheets reach their limits in terms of scalability and ability to handle inventory complexity.

Find out how to overcome inventory optimization challenges and maximize operational efficiency, download the full white paper!