Blog post -

Is your Supply Chain still living in Excell Hell?

Since the beginning of their existence, spreadsheets and the capabilities of programs such as Excel have been present in just about every business oriented organization on the face of the Earth.

In an article from 2010, it was found that approx. 81% of businesses use Excel spreadsheets (Forrester Research).

This percentage doesn’t really surprise me. The functionality of Excel spreadsheets is straightforward, one of the most common ways to try and keep document management organized, and widely used/comprehended by computer users. Whether it’s contacts, contracts, payroll, inventory, transportation, or supplier management, spreadsheets can definitely keep your workflow simple and organized.

With that being said, supply chain management is no place to be relying solely on the data compilation capabilities of spreadsheets. In particular, the storage of supplier data has moved beyond lists in excel, and the sharing of data through document management platforms. There is a plethora of supply chain management solutions that have that kind of functionality as a standard feature included in their softwares, work tools and/or application. Furthermore, the process of turning passive data from spreadsheets into active/comprehensive data is a complicated one.

While Excel still reigns supreme in many categories, as far as functionality and relevance for the task at hand, supply chain management has seen an influx of solutions built to replace supply chain management spreadsheets once and for all.

Is your company ready to stop working in Excel Hell?

READ THE FULL ARTICLE HERE

Related links

Topics

  • Technology, general

Categories

  • business
  • tech
  • supply chain management
  • supply chain
  • supplier relationship management
  • saas

Contacts

Related content

  • The Facts and Myths of Procurement (Part 1)

    ​There’s a lot of noise out there. I’ve read the headlines and listened to the noise long enough. Now it’s time to pop in my earplugs and see the world through my own eyes. I hope you can gain something from joining in on my point-of-view, supported by the 2018 Global CPO Survey by Deloitte.

  • The 5 Levels of Supply Chain Transparency.

    Still, today, supply chain transparency holds a prominent position in concerns for consumer and business, alike. Transparency has become an organizational effort in business, as it can impact various aspects of a value chain, if neglected; not solely supply chain management.

  • The People of Procurement: the Unseen Champions of your Business

    Procurement is amongst some of the most rapidly changing business areas, and maybe for the better. Only time will tell if the coming digital transformation of various business areas, just like procurement, will make for positive outcomes. But, in the meantime, there is still a large population of procurement professionals, strapping up their boots every morning, and doing their darndest.

  • 3 Keys for Enhancing your Strategic Sourcing.

    Strategic Sourcing is a procurement strategy for value creation within purchasing processes, focused on building mutually beneficial results for all parties involved.

  • The Three Pillars of Digital Procurement

    ​Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?” The truth of the matter is, every organization needs to take into account it’s own reality, regardless of where technology is/where it’s going.

  • User-Enabled Procurement: An Age of Smarter Solutions.

    We’ve entered an age of technological independence, and API-driven innovation, breeding procurement solutions that are more agile, scalable, integrate-able and customizable than ever before. This is the age of smarter solutions. This is the age of User-Enabled Procurement