How old is your ERP?
This is an important question, because a lot of people are using painfully obsolete systems. And I don’t just mean “Windows 2000” obsolete; I mean “Ronald Reagan was president the last time this system was updated” obsolete. Yes, it’s an often-painful irony that the companies that source and distribute electronic components are frequently using outdated technology to do business. And while you may feel like you’re trucking along just fine, the fact is that, if you’re using a system that was new when it was still “Morning in America,” then you’re crippling your ability to effectively source components, track shipping, and manage inventory. And that doesn’t just make you less competitive; it exposes you to the risk of unknowingly handling subpar or even counterfeit parts. That severely reduces your credibility as a parts distributor – and without credibility, what do you have?