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        

In an increasingly complex market environment, the ability to simplify logistics processes, implement effective strategies, and manage change leads to supply chain success. In this webinar, we’ll explore key tactics to leverage systems, data, and implementation strategies to enhance efficiency, reduce costs, and improve customer satisfaction in supply chain operations. Join this webinar for an engaging discussion where we’ll explore practical approaches for simplifying logistics processes, harnessing the power of data, and effectively managing change within supply chain strategy. Featuring BlueGrace industry experts Will Augustine, Senior Director of Engineering, and Tiffanie Harting, Senior Director of Product Strategy, and hosts Scott Luton and Billy Ray Taylor, listen as they discuss the importance of aligning business requirements with organizational goals, monitoring KPIs for performance tracking, and utilizing performance management reporting for process optimization. Attendees will gain valuable insights into streamlining operations and driving positive change within supply chains.