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