Prospectors were exporting data from their Dear Inventory ERP and manipulating it in Excel to try and provide inventory forecasts. While providing some degree of science to the process, this approach was time-consuming and relied on simple forecasting techniques. “If you only have a few stock items, then it’s possible to achieve this in a spreadsheet, but as soon as you scale up to a few hundred, or in our instance, a few thousand SKUs, you start to really see the downfall of using Excel,” says Spencer Keast, Country Manager, Prospectors. Prospectors is an Australian-based company that supplies a wide range of quality equipment for professional field workers from various industries, including defense, photographic, geology, mineral exploration, forestry, and agriculture, to name a fe

Join for free to read