Tip of the month

Tip of the Month - Software v Spreadsheets

This debate has been raging on your years, in general you could get away with a spreadsheet for company startups, but as time goes on the transition to a bill of materials software is inevitable.

 
 AdvantagesDisadvantages
SoftwareMore powerfulSteeper learning curve
Ability to control inventoryMore expensive
Ability to search for parts 
SpreadsheetLess complicatedDifficult to manage stock levels
Less expensive if already own ExcelCan be more error prone
Simpler learning curveDifficult to manage as company grows

Please revisit this webpage next month for more great tips.


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