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When is it time to move away from Spreadsheets?
When importers are first starting out, the
most critical thing is selling product and
getting it for a good price. When you
are only moving a container or two a
month, keeping track of your warehouse
and/or in transit inventory is fairly
simple and a few spreadsheets will do
the trick and take very little set up or
training to get started.
As long as the
importer is using QuickBooks or a
similar accounting application, these are
generally all the tools that are required to
operate.
However, as the importer grows, they
quickly recognize the down side to this
system:
• Wasting time due to entering the
same information over and over
again into multiple systems
• Costly human error related to
entering the same information
over and over
• Lost time and revenue because
employees are not sharing data
through one central system
This is typically referred to as the
“Hodge Podge” method
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