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        

Recent disruptions have confirmed that modern supply chains must be built on a more resilient foundation. Not just to help manage risk, but to be better positioned to deal with and even gain advantage from disruptions. Along these lines, the notion of agility is also gaining ground in order to quickly adjust supply chain tactics. The question is: can our supply chains be both at the same time? Join this in-depth discussion as we explore the importance of building robust and responsive supply chains to act as a competitive advantage in 2022 and beyond. In this session, you will learn about: – How organizations need to think beyond the current paradigms of supply chain planning and decisioning – Balancing the need for cost optimization with agility and resiliency – The role of continuous supply chain design as a means to be both agile and resilient – Technology implications to support a continuous design approach Featured Panelists: Lora Cecere, Founder, Supply Chain Insights Madhav Durbha, VP of Supply Chain Strategy, Coupa Scott W Luton, Founder, CEO & Host of Supply Chain Now