Why Spreadsheets are No Longer Practical In Today’s Economy
Excel spreadsheets have long been a valuable resource to professionals the world over, including Demand Planners. However, spreadsheets cannot scale in today’s digital economy where data streams into repositories every second from mobile devices, websites and IoT connected devices. Over the last decade, a wide variety of other, non-spreadsheet-based forecasting and planning tools, applications, and enterprise solutions have become available that can handle this Big Data. Here I reveal that to succeed in our roles in the digital economy, we need to move away from spreadsheets and towards these more sophisticated, scalable solutions.
From Issue:
How to Identify & Communicate Downturns In Your Business
(Spring 2020)
IBF Journal Article by Charles W. Chase, Jr., CPF, originally published in Spring 2020
Why Spreadsheets are No Longer Practical In Today’s Economy