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WHY CHANGE? WHY NOW?

“If you always do what you’ve always done, you’ll always get what you’ve always got.” - Henry Ford

Excel spreadsheets lack traceability and exposes Your company to considerable risk.

In 1985 Microsoft introduced Excel, marking the start of a journey which, today, claims over 750 million users. Excel is so widely used and accepted Microsoft’s CEO, Satya Nadella, stated that it stands out as the “best product Microsoft has ever made”.

Organizations continue to invest in systems for indirect procurement; however, materials management and direct procurement have continued to rely on Microsoft Excel as their “go to” tool.

The fact is that Excel offers incredible mathematical functionality and is well-suited for capturing information such as material cost specifications (e.g., material costs, product weight, scrap, sold scrap, packaging, freight, etc.), manufacturing costs (process steps, machine hour rate, shifts, manufacturing time, max pieces, tooling costs, construction time, etc.), and more.

Unfortunately, emailing, or even updating, Excel spreadsheets lack traceability and exposes your company to considerable risk.

research shows that:

Spreadsheets, even after careful development, contain errors in 1% or more of all formula cells. In large spreadsheets with thousands of formulas, there will be dozens of undetected errors.
[Panko, 2008]

About 50% of spreadsheet models used operationally in large businesses have material defects.
[Pawell, Baker, Lawson, 2007]

Each spreadsheet errors costs $165,000 on average.
[PricewaterhouseCoopers and KPMG]

The fact is that loose spreadsheets are quickly outdated and unreliable

  • ​​​​​​How do you track spreadsheet versions?
  • Are you confident that the current version does not contain calculation/formula errors?
  • How are quote prices collated and compared? Is there manual effort transfer into another spreadsheet?
  • How is data updated from one spreadsheet to another, such as dates from “Tool Tracking” to the “Supplier Time Schedule”?

Why change, and why now? Because the stakes are higher than ever, competition demands lower costs while increasing quality, and... it only takes one error to be costly.

If you are exposed to risk, and you do not address it, you will continue to be exposed to risk.


The best option: import your spreadsheets into our platform (formatting, calculations, and more). ASTRAS will enable you to: govern changes; track revisions; automate data transfer; integrate your processes; and, reduce your manual efforts.

NO MORE EMAILING SPREADSHEETS

Allocation parts and material lifecycle supply chain management software system

Benefit From:

  • Lowering process costs by up to 80%
  • More effective sourcing events
  • Shortened cycle time to part qualification
  • Strong compliance
  • Increased supplier collaboration
  • Reduced supplier and part risk
  • Complete visibility, across functions
  • Assurance that your processes and best practices are followed every time
Allocation Clients Include The BMW Group
Allocation Clients Include Siemens
Allocation Clients Include Magna
Allocation Clients Include Schmitz Cargobull