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        

What does a sea of trucks parked in a former NASCAR speedway look like? Ford could tell you… Over 60,000 F-150 pickups are sitting there awaiting essential parts to be completed. Recent aerial footage of the Kentucky speedway has shaken the world, displaying the magnitude of the disruptions manufacturers are facing since the onset of the COVID-19 pandemic. Severe supply constraints have created significant challenges for supply chain executives and managers across the globe. The resulting backlog of demand for finished items impacted by supply constraints has made it exceedingly difficult for companies to maintain customer service levels and stabilize operations. It is now more than ever crucial for companies to challenge the status quo in their supply chain management and embrace a new planning paradigm that will bring agility in a world filled with greater uncertainty. Join us for this webinar hosted by Scott Luton and Greg White and featuring Erik Bush, CEO and co-founder of Demand Driven Technologies, where they will expose the core issues companies are facing when encountering supply constraints from their vendors. Erik will also cover a range of disruptive methods and tactics that companies can implement to gain better control of their supply chain…