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What SAP or ERP are they utilizing? Excel won't solve your logistical problems if you're tracking supplies
Not sure the entire situation, but my 2c is Excel is not automatically wrong for mid or large size companies. ERPs are expensive and take a long time to tailor to each use. Excel is perfect for most uses but does not scale very well beyond a certain point, but not inherently bad.. Be open, solve for short and mid term in excel and work towards a business case for something different if it is truly needed. It'll be easier to convince after doing what the CXO wants you to do