Thursday, September 29, 2011

ERP: The Solution Every Business Needs But No One Wants -- Or Do They?

One of the most important focus areas of business collaboration is on key business processes. Herewith, a suggestion for enabling more and better collaboration on one such process, and why enterprise resource planning (ERP) isn't more popular at more companies -- yet.

I recently had a great introductory briefing with members of the leadership team at Fishbowl, makers of Fishbowl Inventory, a very nifty inventory management solution that integrates pretty seamlessly and is pretty darned popular among users of QuickBooks.

The stimulating conversation reminded me of something Yankee Group founder Howard Anderson used to say in presentations about business technology adoption trends. To paraphrase, hundreds of thousands of drill bits are sold each year, but no one who buys one wants a drill bit. What those buyers want are holes.

No one wants ERP. Especially no one who works for a resource-constrained smaller or mid-sized business (SMB). But every smart leader and decision maker at every company shares two characteristics.
  1. They work someplace that sells something.
  2. That something represents an inventory that need management.
In short, where "ERP" is concerned in the real life lived by most decision makers, especially at SMBs, inventory is the primary "R" that needs "P" by the "E." Which means that inventory management is a critical, foundational element of what are, should be and will become sound ERP policies and practices.

The folks at Fishbowl understand this, and more. Which is why Fishbowl Inventory and Fishbowl Enterprise are designed in ways that make them easy to use and rapid to deliver measurable, scalable and sustainable business benefit.

It's a premise-based solution, something I don't recommend frequently. But I think this one is worth considering, especially if you're already running QuickBooks on computers that reside on your company's premises. (Fishbowl pricing starts at $4,195 and free trials are available.)

If your company makes and sells physical goods, you already know that inventory management is a drag on your colleagues and your company. Even if you don't, you have pools of assets that matter to your business, from the things you do sell to the people who sell and buy them. Each of these represents an inventory that requires management. Accurate, agile and responsive management, if you expect your company to compete effectively as more commerce moves online and under the control of buyers. So good inventory management buys your business a lot.

Take a good look at Fishbowl Inventory and Fishbowl Enterprise as potential solutions for your business. Then look at them as indicators of how your business might learn to collaborate on and love the resource management processes it needs to succeed and thrive.

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