Intuit QuickBooks or Oracle Inventory
Management
What we do:
1. Our firm contracts with different companies making assessments and recommendations for software programs that would streamline their operation
2. We select the most important ten categories and compare them based on operational and fiscal need
3. We consider and evaluate many types of software as a service or purchase
4. We making recommendations based on our research and rankings
Wagner Consulting
Modernizing Inventory Control
Wagner Distribution LLC is a warehousing company for their parent company Wagner Foods. They have contracted with Michelle Wagner to acquire software for their inventory department.
The company needs to maintain their inventory and will consider two of the most prominent software options presented.
Why they need the software?
• To transfer inventory between depot facilities
• To have real-time updates of the products sold
• To track product status of in stock or out of stock
• To prevent lost inventory
Wagner Distribution has to recount inventory over and over and find it hard to keep track of their products on hand.
Prevent Stock OutagesStock outages are common
Software will allow Wagner Distribution LLC to:
Increase efficiency and revenues • Decrease expenses
Prevent Stock OutagesInventory stock status reporting will provide a visual display of the entire inventory on hand and on order for all of the company’s locations.
Prevent Data Duplication
They could benefit from new software to help prevent accidental duplicate data entry.
The bad data can lead to bad business decisions.
The big pictureThe company also would like to see which of their sites has better sales movement.
An inventory management system would allow this company to:
The big pictureThe company also would like to see which of their sites has better sales movement.
An inventory management system would allow this company to:
Streamline their budget
Contribute to satisfied customers
The big pictureThe company also would like to see which of their sites has better sales movement.
An inventory management system would allow this company to:
Streamline their budget Provide for reduced errors Reduce inventory levels Contribute to satisfied customers
IntroductionIntuit Quick Books and Oracle Inventory Management
Replenishment Management systems
RequirementsWhy
The functionality of the software is most important Components used must be compatible and expandableThe software used must have the most recent version and supportTime necessary to train users needs to be short The necessity of knowing what the product is capable of doing goes along with excellent documentationDetails distinguish the product from it's competitors and show the functionality The ability of many employees to work on a project together is important to the organizationThis is necessary to ensure accuracy and efficiencyPresenting the information to leadership within the company is necessary, so presentation is importantPrice is important because the company plans to expand their operation and wants the most effective product for what they can spend
Category
FunctionsComponents
RevisionsTraining Time
Capability
Detail
CollaborationEase of Use
Presentation
Price
WeightCategory Ideal
Functions 20%Components 16%
Revisions 14%Training Time 11%Capability 9%
Detail 8%
Collaboration 5%Ease of Use 5%
Presentation 4%
Price 8%
TOTAL 100%
Comparison & RatingsKey Categories
FunctionsComponents
Revisions
Training Time
Capability
Detail
Collaboration
Ease of Use
Presentation
Price
Intuit QuickBooksRun profit and loss monthly comparison reports, track which sales orders are ready to ship, track sales results accurately and flexibly, track returns from vendors
Sales Order Fulfillment Worksheet, Sales Summary Form, purchase order and receipts can be emailed or printed directly from QuickBooks
Architecture, wireless user interface, pc user interface, server/middle tier should all be most recent version and customizable with support
3 weeks training time anticipated - via On Demand service
Can import data from Excel, Quicken, MS Office Accounting
Enter total payments and tax/non-taxable sales for each day, analyze sales trends and profitability
Fully compatible with the ability of many employees to work on the same project together
Easily customize reports that show how the business stands, and help to make important decisions about to what to sell to increase bottom line
Uses easy to read charts and graphs
Each License should be for the Minimum Qty of Users. It also should include Software Update License & Support
Oracle Inventory ManagementMaintain and Recall Product using Product Genealogy and Traceability. Reduce Inventory Levels with Flexible Replenishment Mgmt. Reduce Owned Inventory with Supplier Consignment, Increase Inventory Accuracy with Cycle Counting and Physical Inventory
Crystal Enterprise Professional and/or Crystal Reports Professional
Architecture, wireless user interface, pc user interface, server/middle tier should all be most recent version and customizable with support
4 weeks training time anticipated
Track material attributes using material status, lot, sub lot, and serial control.
Inbound Logistics: Includes receiving directly into inventory, receipt inspections, label printing, and rules-based directed put away to storage or opportunistic cross docking. Outbound Logistics: Includes picking, staging, packing, product consolidation, loading, and shipping. Reverse Logistics: Includes product returns, refurbishment, and recycling
Fully global with intercompany invoicing
Inbound and Outbound logistics, reverse logistics
Clean and simple presentation, see example at right
Each License should be for the Minimum Qty of Users. It also should include Software Update License & Support
89% 92%
Comparison & RatingsKey Categories
Functions
ComponentsRevisions
Training Time
Capability
Detail
Collaboration
Ease of Use
Presentation
Price
Intuit QuickBooksRun profit and loss monthly comparison reports, track which sales orders are ready to ship, track sales results accurately and flexibly, track returns from vendors
Sales Order Fulfillment Worksheet, Sales Summary Form, purchase order and receipts can be emailed or printed directly from QuickBooks
Architecture, wireless user interface, pc user interface, server/middle tier should all be most recent version and customizable with support
3 weeks training time anticipated - via On Demand service
Can import data from Excel, Quicken, MS Office Accounting
Enter total payments and tax/non-taxable sales for each day, analyze sales trends and profitability
Fully compatible with the ability of many employees to work on the same project together
Easily customize reports that show how the business stands, and help to make important decisions about to what to sell to increase bottom line
Uses easy to read charts and graphs
Each License should be for the Minimum Qty of Users. It also should include Software Update License & Support
Oracle Inventory ManagementMaintain and Recall Product using Product Genealogy and Traceability. Reduce Inventory Levels with Flexible Replenishment Mgmt. Reduce Owned Inventory with Supplier Consignment, Increase Inventory Accuracy with Cycle Counting and Physical Inventory
Crystal Enterprise Professional and/or Crystal Reports ProfessionalArchitecture, wireless user interface, pc user interface, server/middle tier should all be most recent version and customizable with support
4 weeks training time anticipated
Track material attributes using material status, lot, sub lot, and serial control.
Inbound Logistics: Includes receiving directly into inventory, receipt inspections, label printing, and rules-based directed put away to storage or opportunistic cross docking. Outbound Logistics: Includes picking, staging, packing, product consolidation, loading, and shipping. Reverse Logistics: Includes product returns, refurbishment, and recycling
Fully global with intercompany invoicing
Inbound and Outbound logistics, reverse logistics
Clean and simple presentation, see example at right
Each License should be for the Minimum Qty of Users. It also should include Software Update License & Support
76% 81%
Comparison & RatingsKey Categories
Functions
Components
RevisionsTraining Time
Capability
Detail
Collaboration
Ease of Use
Presentation
Price
Intuit QuickBooksRun profit and loss monthly comparison reports, track which sales orders are ready to ship, track sales results accurately and flexibly, track returns from vendors
Sales Order Fulfillment Worksheet, Sales Summary Form, purchase order and receipts can be emailed or printed directly from QuickBooks
Architecture, wireless user interface, pc user interface, server/middle tier should all be most recent version and customizable with support
3 weeks training time anticipated - via On Demand service
Can import data from Excel, Quicken, MS Office Accounting
Enter total payments and tax/non-taxable sales for each day, analyze sales trends and profitability
Fully compatible with the ability of many employees to work on the same project together
Easily customize reports that show how the business stands, and help to make important decisions about to what to sell to increase bottom line
Uses easy to read charts and graphs
Each License should be for the Minimum Qty of Users. It also should include Software Update License & Support
Oracle Inventory ManagementMaintain and Recall Product using Product Genealogy and Traceability. Reduce Inventory Levels with Flexible Replenishment Mgmt. Reduce Owned Inventory with Supplier Consignment, Increase Inventory Accuracy with Cycle Counting and Physical Inventory
Crystal Enterprise Professional and/or Crystal Reports Professional
Architecture, wireless user interface, pc user interface, server/middle tier should all be most recent version and customizable with support
4 weeks training time anticipated
Track material attributes using material status, lot, sub lot, and serial control.
Inbound Logistics: Includes receiving directly into inventory, receipt inspections, label printing, and rules-based directed put away to storage or opportunistic cross docking. Outbound Logistics: Includes picking, staging, packing, product consolidation, loading, and shipping. Reverse Logistics: Includes product returns, refurbishment, and recycling
Fully global with intercompany invoicing
Inbound and Outbound logistics, reverse logistics
Clean and simple presentation, see example at right
Each License should be for the Minimum Qty of Users. It also should include Software Update License & Support
74% 76%
Comparison & RatingsKey Categories
Functions
Components
Revisions
Training TimeCapability
Detail
Collaboration
Ease of Use
Presentation
Price
Intuit QuickBooksRun profit and loss monthly comparison reports, track which sales orders are ready to ship, track sales results accurately and flexibly, track returns from vendors
Sales Order Fulfillment Worksheet, Sales Summary Form, purchase order and receipts can be emailed or printed directly from QuickBooks
Architecture, wireless user interface, pc user interface, server/middle tier should all be most recent version and customizable with support
3 weeks training time anticipated - via On Demand service
Can import data from Excel, Quicken, MS Office Accounting
Enter total payments and tax/non-taxable sales for each day, analyze sales trends and profitability
Fully compatible with the ability of many employees to work on the same project together
Easily customize reports that show how the business stands, and help to make important decisions about to what to sell to increase bottom line
Uses easy to read charts and graphs
Each License should be for the Minimum Qty of Users. It also should include Software Update License & Support
65%
59%
70% 84%
Comparison & RatingsKey Categories
Functions
Components
Revisions
Training Time
Capability
DetailCollaboration
Ease of Use
Presentation
Price
Intuit QuickBooksRun profit and loss monthly comparison reports, track which sales orders are ready to ship, track sales results accurately and flexibly, track returns from vendors
Sales Order Fulfillment Worksheet, Sales Summary Form, purchase order and receipts can be emailed or printed directly from QuickBooks
Architecture, wireless user interface, pc user interface, server/middle tier should all be most recent version and customizable with support
3 weeks training time anticipated - via On Demand service
Can import data from Excel, Quicken, MS Office Accounting
Enter total payments and tax/non-taxable sales for each day, analyze sales trends and profitability
Fully compatible with the ability of many employees to work on the same project together
Easily customize reports that show how the business stands, and help to make important decisions about to what to sell to increase bottom line
Uses easy to read charts and graphs
Each License should be for the Minimum Qty of Users. It also should include Software Update License & Support
Oracle Inventory ManagementMaintain and Recall Product using Product Genealogy and Traceability. Reduce Inventory Levels with Flexible Replenishment Mgmt. Reduce Owned Inventory with Supplier Consignment, Increase Inventory Accuracy with Cycle Counting and Physical Inventory
Crystal Enterprise Professional and/or Crystal Reports Professional
Architecture, wireless user interface, pc user interface, server/middle tier should all be most recent version and customizable with support
4 weeks training time anticipated
Track material attributes using material status, lot, sub lot, and serial control.
Inbound Logistics: Includes receiving directly into inventory, receipt inspections, label printing, and rules-based directed put away to storage or opportunistic cross docking. Outbound Logistics: Includes picking, staging, packing, product consolidation, loading, and shipping. Reverse Logistics: Includes product returns, refurbishment, and recycling
Fully global with intercompany invoicing
Inbound and Outbound logistics, reverse logistics
Clean and simple presentation, see example at right
Each License should be for the Minimum Qty of Users. It also should include Software Update License & Support
59%
63%
Comparison & RatingsKey Categories
Functions
Components
Revisions
Training Time
Capability
Detail
CollaborationEase of Use
Presentation
Price
Intuit QuickBooksRun profit and loss monthly comparison reports, track which sales orders are ready to ship, track sales results accurately and flexibly, track returns from vendors
Sales Order Fulfillment Worksheet, Sales Summary Form, purchase order and receipts can be emailed or printed directly from QuickBooks
Architecture, wireless user interface, pc user interface, server/middle tier should all be most recent version and customizable with support
3 weeks training time anticipated - via On Demand service
Can import data from Excel, Quicken, MS Office Accounting
Enter total payments and tax/non-taxable sales for each day, analyze sales trends and profitability
Fully compatible with the ability of many employees to work on the same project togetherEasily customize reports that show how the business stands, and help to make important decisions about to what to sell to increase bottom line
Uses easy to read charts and graphs
Each License should be for the Minimum Qty of Users. It also should include Software Update License & Support
Oracle Inventory ManagementMaintain and Recall Product using Product Genealogy and Traceability. Reduce Inventory Levels with Flexible Replenishment Mgmt. Reduce Owned Inventory with Supplier Consignment, Increase Inventory Accuracy with Cycle Counting and Physical Inventory
Crystal Enterprise Professional and/or Crystal Reports Professional
Architecture, wireless user interface, pc user interface, server/middle tier should all be most recent version and customizable with support
4 weeks training time anticipated
Track material attributes using material status, lot, sub lot, and serial control.
Inbound Logistics: Includes receiving directly into inventory, receipt inspections, label printing, and rules-based directed put away to storage or opportunistic cross docking. Outbound Logistics: Includes picking, staging, packing, product consolidation, loading, and shipping. Reverse Logistics: Includes product returns, refurbishment, and recycling
Fully global with intercompany invoicing
Inbound and Outbound logistics, reverse logistics
Clean and simple presentation, see example at right
Each License should be for the Minimum Qty of Users. It also should include Software Update License & Support
59%
60%
Comparison & RatingsKey Categories
Functions
Components
Revisions
Training Time
Capability
Detail
Collaboration
Ease of UsePresentation
Price
Intuit QuickBooksRun profit and loss monthly comparison reports, track which sales orders are ready to ship, track sales results accurately and flexibly, track returns from vendors
Sales Order Fulfillment Worksheet, Sales Summary Form, purchase order and receipts can be emailed or printed directly from QuickBooks
Architecture, wireless user interface, pc user interface, server/middle tier should all be most recent version and customizable with support
3 weeks training time anticipated - via On Demand service
Can import data from Excel, Quicken, MS Office Accounting
Enter total payments and tax/non-taxable sales for each day, analyze sales trends and profitability
Fully compatible with the ability of many employees to work on the same project together
Easily customize reports that show how the business stands, and help to make important decisions about to what to sell to increase bottom line
Uses easy to read charts and graphs
Each License should be for the Minimum Qty of Users. It also should include Software Update License & Support
62% 75%
72% 78%
Comparison & RatingsKey Categories
Functions
Components
Revisions
Training Time
Capability
Detail
Collaboration
Ease of Use
Presentation
Price
Intuit QuickBooksRun profit and loss monthly comparison reports, track which sales orders are ready to ship, track sales results accurately and flexibly, track returns from vendors
Sales Order Fulfillment Worksheet, Sales Summary Form, purchase order and receipts can be emailed or printed directly from QuickBooks
Architecture, wireless user interface, pc user interface, server/middle tier should all be most recent version and customizable with support
3 weeks training time anticipated - via On Demand service
Can import data from Excel, Quicken, MS Office Accounting
Enter total payments and tax/non-taxable sales for each day, analyze sales trends and profitability
Fully compatible with the ability of many employees to work on the same project together
Easily customize reports that show how the business stands, and help to make important decisions about to what to sell to increase bottom line
Uses easy to read charts and graphs
Each License should be for the Minimum Qty of Users. It also should include Software Update License & Support
Oracle Inventory ManagementMaintain and Recall Product using Product Genealogy and Traceability. Reduce Inventory Levels with Flexible Replenishment Mgmt. Reduce Owned Inventory with Supplier Consignment, Increase Inventory Accuracy with Cycle Counting and Physical Inventory
Crystal Enterprise Professional and/or Crystal Reports Professional
Architecture, wireless user interface, pc user interface, server/middle tier should all be most recent version and customizable with support
4 weeks training time anticipated
Track material attributes using material status, lot, sub lot, and serial control.
Inbound Logistics: Includes receiving directly into inventory, receipt inspections, label printing, and rules-based directed put away to storage or opportunistic cross docking. Outbound Logistics: Includes picking, staging, packing, product consolidation, loading, and shipping. Reverse Logistics: Includes product returns, refurbishment, and recycling
Fully global with intercompany invoicing
Inbound and Outbound logistics, reverse logistics
Clean and simple presentation, see example at right
Each License should be for the Minimum Qty of Users. It also should include Software Update License & Support$19,975
$18,040
63% 84%
Budget Max $26,000Budget Min $16,500
The Decision
Intuit QuickBooksvs.
Oracle Inventory Management
Functi
ons
Compo
nents
Revisi
ons
Trainin
g Tim
e
Capab
ilityDeta
il
Collab
oratio
n
Ease o
f Use
Presen
tation
Price
0%
5%
10%
15%
20%
25%
Intuit QuickBooks vs. Oracle Inventory Management
IdealIntuit QuickBooksOracle Inventory Management
Category
Rat
ing
Category Ideal Intuit QuickBooks
Oracle Inventory Management
Functions 20% 17.80% 18.40%
Components 16% 12.16% 12.96%
Revisions 14% 10.36% 10.64%
Training Time 11% 7.15% 6.49%
Capability 9% 6.30% 7.56%
Detail 8% 4.72% 5.04%
Collaboration 5% 2.95% 3.00%
Ease of Use 5% 3.10% 3.25%
Presentation 4% 2.88% 3.12%
Price 8% 5.07% 6.70%
Total Cost $19,975 $18,040
TOTAL 100% 72.49% 77.16%
Recommendations
Category Ideal Intuit QuickBooks
Oracle Inventory Management
Functions 20% 17.80% 18.40%Components 16% 12.16% 12.96%
Revisions 14% 10.36% 10.64%
Training Time 11% 7.15% 6.49%
Capability 9% 6.30% 7.56%
Detail 8% 4.72% 5.04%
Collaboration 5% 2.95% 3.00%
Ease of Use 5% 3.10% 3.25%
Presentation 4% 2.88% 3.12%
Price 8% 5.07% 6.70%
Total Cost $19,975 $18,040TOTAL 100% 72.49% 77.16%
Recommendations
Questions & Comments
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