WBSRocks: Business Growth with Enterprise Software and Digital Transformation
WBSRocks podcast features in-depth conversations on customer experience, digital transformation, supply chain, eCommerce, industry 4.0, and enterprise software categories such as CRM, ERP, or analytics suites. The purpose of the show is to help CFOs, COOs, CEOs, and business owners with their daily commercial, operational, or financial challenges by taking a deep dive into business cases and processes, technology strategy and architecture, transformation initiatives, and business models. The show also offers an independent analysis of technology trends, various enterprise software vendors and solutions, and their mergers and acquisitions. Subscribe today to stay on top of digital transformation trends!
WBSRocks: Business Growth with Enterprise Software and Digital Transformation
WBSP436: Grow Your Business by Learning Dimensional Inventory Best Practices, a Live Interview w/ a Panel of Experts
Dimensional inventory is more than just a bunch of attributes at the product level. It affects how the items are created, planned, and tracked. Using an ERP system without the support for dimensional inventory might result in planning issues. It might also result in ad-hoc processes and increased admin effort in correlating dimensions on top of raw data. So what are the best practices when it comes to dimensional inventory?
In today's episode, we invited a panel of cross-functional experts for a live interview on LinkedIn who brings significant expertise to discuss Dimensional Inventory best practices. We discussed how dimensional or matrix inventory differs in various industries, as well as why systems not designed for dimensional inventory may lead to increased admin efforts. Finally, we discussed the impact of matrix inventory on planning, merchandizing, shop floor, warehouse, and logistics.
For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.