The ongoing supply chain crisis is testing distributors and wholesalers like never before. Unpredictable lead times, spiraling transportation and inventory costs, and global shortages of key commodities are putting incredible strain on margins that are already very thin. Testing times call for new thinking. In this webinar with rebate management software company Enable, Jeffrey Moyle, VP of Supplier and Digital Strategy at electrical distributor Rexel Canada, will share three ways his company has adapted its approach to stay afloat through the crisis. Register now and discover how Rexel has adjusted its thinking around inventory, pricing, systems and relationships in a successful bid to stay ahead of competitors and set a solid foundation for the future.

ERPs are pivotal in streamlining operations; however, not all ERP solutions provide adequate inventory optimization functionality. SMBs need functionality that provides inventory visibility, automated processes to reduce excess stock and avoid stockouts, precise forecasting capabilities, and predictive analytics to minimize supply and demand risks. Customizing your ERP can lead to expensive challenges in the long term, especially when performing automatic upgrades. Consider using best-in-breed inventory solutions from Independent Software Vendors (ISVs) to enhance ERP functionality without unnecessary complexity, ensuring long-term adaptability and efficiency To balance inventory and costs, businesses need to understand what tools are fit for purpose to help achieve inventory optimization, financial success, and market competitiveness.   From this discussion, the audience will have a better understanding of: – The functionality of ERPs – How to assess if ERPs deliver on inventory goals and capabilities – Identify missing gaps for better inventory planning and optimization – What key features to prioritize when selecting an inventory add-on solution – Rearview vs front window when it comes to forecasting and risk in your ERP – How to measure ROI – how best-of-breed solutions like Netstock show ROI when integrated with an ERP