Stop wasting time: the real cost of using Excel for supply chain management
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Is your business still relying on Excel to manage your supply chain? While it may seem like a simple solution, Excel comes with significant risks - time-consuming manual processes, costly errors, compliance challenges, and long-term inefficiencies.
In this session, we explored why Excel is no longer fit for purpose when it comes to managing suppliers in the UK construction industry. Despite its familiarity, Excel creates hidden risks and inefficiencies that can severely impact compliance, financial performance, and even site safety.
What's on the agenda?
- The state of UK construction supply chains – many firms still rely on spreadsheets despite the increasing complexity of compliance and supply chain management.
- The Excel time trap – how manually managing supplier data wastes thousands of hours that could be better spent on strategic procurement and supplier collaboration.
- The growing risks – from compliance failures and financial inaccuracies to cybersecurity threats and on-site safety hazards, using Excel introduces avoidable but potentially catastrophic risks.
- The long-term cost of using Excel – beyond time and money, firms that continue with manual processes face reputational damage, legal consequences, and operational setbacks.
- Taking a smarter approach: digital supplier management – why modern construction firms are switching to automated, integrated solutions to ensure efficiency, accuracy, and compliance at scale.
Using Excel for supplier management is not just inefficient—it’s a liability.
The cost of Excel goes far beyond time—it can cost lives.
Your competition is moving forward—don’t get left behind.
The best time to switch was yesterday. The next best time is today.
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