Inventory Tracking for a Fleet Contracting Company
Today’s demonstration was hosted for a northeastern fleet contracting company with a serious need for improved inventory tracking capabilities. My client’s job is to manage a fleet of vehicles with parts that are deployed to job sites where inventory is used to complete service orders per customer request. When we first spoke, my client informed me that they are currently using Excel sheets to track inventory (like so many companies still do) but it was creating several issues. For one, my client’s employees would often remove parts from inventory without recording this adjustment or reporting it to the manager, which was resulting in stock shortages that caught the company completely off-guard. My client also felt that Excel-based tracking was consuming too much of their time on a daily basis for what little result they were receiving, and had noticed it was affecting their other professional responsibilities.
Fleet Contracting Company Problems:
- Missing/mismanaged inventory counts
- Unexpected stock shortages
- Inefficient time management
Over the course of the demonstration it became apparent that the ability to tag transactions to each user account would dramatically increase my client’s ability to keep track of not only what inventory was being taken out, but also who was coming in and removing items from stock. The Wasp Inventory Control solution also provides for emailed alerts to specified user accounts when individual SKU numbers reached pre-set minimum stock levels, another key feature that my client found extremely useful. As we demonstrated the various methods of scanning and transaction, from the simple but powerful add/remove functions, to the move and adjust capabilities for existing inventory I could tell that it was clear to my client that barcoding and scanning would not only improve accountability but also eliminate the time waste that had been plaguing their existing methods.
You can learn more about barcoding in transportation & logistics here!
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Wasp Mobile Asset contains an array of powerful tracking methods, allowing users to not only identify what items they have, but also where they are located at any given time. Featuring a full-fledged check out/check in system, maintenance tracking, auditing tools, as well as extensive reports, Mobile Asset provides users the accountability they need at a low barrier of entry. This extensive feature set at a cost-effective price point makes
Wasp an ideal fit for any organization that would better like to track their equipment without investing in a big ticket solution.Customizable Dashboard Signature Capture Signature Capture Multiple Location Tracking Department Tracking Security Based on Users Check Out/Check In Audits on PC/Mobile Track Funding Source/Grants Email Notifications Customizable Fields Real Time Updates 60+ Reports
With the introduction of Version 7, released in 2014, the software has made the leap forward into smartphone capability and will now operate on all current iOS and Android devices. This improves on the systems already flexible nature, and will allow for greater ease in tracking your company’s assets anywhere, anytime. Additionally, Mobile Asset V7 has also provided users with the ability to track which funding source was used in the assets acquisition, an important tool for many organizations, and a feature few other solutions can offer. Mobile Asset V7 is also the first time that Wasp has offered a separate version of the system, Mobile Asset EDU. This variant contains the core features of Mobile Asset V7, with several additions made specifically for educational organizations.
With these improvements, and many more, Wasp Mobile Asset V7 has earned our Best Asset Tracking Software review for 2014.
About Wasp Barcode Technologies:
Founded in Plano, Texas, Wasp Barcode Technologies has been a leader in inventory and asset management solutions for over 20 years. Specializing in economic and highly effective tracking solutions for small to mid-sized businesses, Wasp offers numerous bundle packages which include both software and hardware for a complete solution. Wasp currently boasts over 500,000 active users.
Other Nominees for Asset tracking software reviews: Intellitrak, Redbeam, Jolly, ASAP
If you don’t know already, only a small fraction of businesses use an asset tracking software; more specifically, only 13% of businesses use asset-tracking software. Everyday, 87% of businesses, both large and small, operate without this pertinent system, which ultimately leads to time loss, money wasted and a pleather of management dilemmas. Nonetheless, managers are slowly discovering a smoother and efficient manner of tracking their company’s valuable goods. Now, with efficient tracking mechanisms at bay, it’s difficult to imagine asset management before.
Assets are high-value, non-consumable items that generate value for businesses. For some, fixed assets are distributed to employees; and it is vital to operation that checked-out assets can be located, dated, and identified. In addition, when parts deter, recording damaged devices to send back to the manufacturer is another business concern. Read more…