Large Scale Manufacturer Improves Inventory Management
Large Scale Manufacturer Improves Inventory Management
Whether you have a large or small business, inventory management is a pertinent task that is neglected. If there is proper inventory balance, your business is able to manage the ins and outs of items while finding new opportunities for business growth and waste reduction.
Equally important, the maintenance of manufacturing equipment is a necessary process for large corporate businesses, yet checking for required repairs can be a huge pain-stake for managers and employees.
Now, imagine tracking maintenance and repair jobs for large-scale machines in the midst of daily operations. It can seem overwhelming to maintain long-term excel sheets and purchase orders, however, it is vital for companies that service this fast-paced industry to minimize any downtime of these manufacturing behemoths.
Manufacturer Relies On Excel
Like in so many industries, this manufacturer was still trying to manage their inventory on Excel sheets, clipboards, and old-fashioned memorization. Old-fashioned procedures resulted in a tremendous amount of time loss, as employees frequently had to search high and low through the warehouse to find the right part for a work order or purchase order. Inventory management on excel isn’t worth the headache.
With the lack of real-time tracking, business stock levels ran low, thus requiring managers to put in for rush orders for items already due. Because of this insignificant cause, the company spent unnecessary money on past-due orders, ultimately leading to a much higher cost to the company.
This company’s managers needed to find a better tactic to track for repairs and stock levels.
The Solution To Inventory Mess
Finding the right fit for them was at the top of the list. In this case we found the Wasp Inventory Control software to be a good match for the problems facing the large manufacturer. Let’s breakdown the specifics:
Through specific locators the manufacturing company is able to eliminate the costly time sunk when searching for a missing part. Wasp Inventory Control allows users to set up a two-tier tracking system for their inventory based on ‘site’, a major area such as a building, warehouse, or division, and ‘location’, a smaller more precise area within the site.
Captures inventory information
With the ability to capture specific information about inventory, it can pull from the stock for information such as: work order number, employee ID number, and the equipment the part was being allocated to. All of this data can be captured via the handheld unit, this way personnel would still have the freedom to move freely throughout the facility.
Additionally, minimum stock level alerts in the program also sends email notifications when parts need to be re-ordered, thus fixing the need to order last-minute and correcting the costs credited to rush-orders. Unlike excel, this program allows real-time tracking creating the ultimate accuracy.
Improved Inventory Management Result
Solution-based EMS Barcode demoed the new program, explained the multiple capabilities and the benefits to their company, and following the live demonstration the business implemented the free 30-day trial of the recommended solution. With a free testing period and support team, they were able to realize the benefits of barcoding and tracking of this software in less than the trial period.
In the end, the success a company achieves when employees are informed of where assets are and when items need to be repaired is exponential. Sometimes, companies need to assess their current inventory efforts and have an expert recommend an unbiased plan-of-attack. At the Dallas-based EMS Solutions, we provide recommendations and proven solutions that elevate your business’s short and long-term strategy. Even inventory strategy needs to be assessed – we can help.
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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
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