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        

Danone is on an ongoing transformation journey to create a consumer-centric and proactive supply chain so that it can more rapidly adapt to changing market conditions and unexpected disruptions, while also ensuring that operations become more sustainable. Improving forecasting accuracy is one of the enablers of this journey. By using advanced forecasting techniques enabled by Artificial Intelligence, Danone can more effectively predict and plan for potential disruptions or events. In this Supply Chain Now webinar, hear from Marc Martinez, Global Operations Transformation Director at Danone, and Anna Linden, Global head of Supply Chain Planning at SAP, about how you can initiate and steer a successful digital transformation journey in your company that brings you ahead of the competition. Learn how you can … · Start transforming your business with a digital, integrated planning approach. · Approach the sensitive topic of change management and acceptance for an automated process. · Improve forecast accuracy with embedded AI technology and external data in SAP IBP. · Drive supply chain efficiency with an automated planning approach. · Increase customer satisfaction.