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Strategic Parts Management System

Features and Benefits

Physical Inventory

Physical Inventory Processing

The system supports multiple parts inventory counting strategies [full count, cycle count, and individual part(s) count] Physical inventory reports provide management information during the physical inventory process. This information highlights suggested part inventories with discrepancies and inconsistencies between the system level inventory and physical inventory levels. It provides flexibility in determining acceptable inventory variations (by quantity and inventory value) and when physical inventory recounts should be conducted. Corrective measures are provided for aligning your system inventory with your available physical inventory levels. These adjustments are routinelly logged and reported.

Benefits...

The system provides analysis tools to help you manage your physical inventory and the information to determine the sources of inventory discrepancies. The system's physical inventory processing reduces the need for manual resources while providing a standard, consistent and reliable physical inventory strategy.

Self-Correcting Inventory

The system has built-in procedures for managing inventory discrepancies when filling dealer orders. When a part is not found during the filling of an order, an inventory notification "bin denial" is recorded. The system provides the flexibility to "freeze" part allocation while inventory discrepancies are under investigation. These inventory discrepancies appear on daily management reports notifying them of the need for immediate problem resolution.

Benefits...


The system provides immediate visibility of inventory discrepancies between system inventory and physical inventory. The system takes precautionary measures to limit the problem exposure until it has been properly investigated and a resolution has been determined. It also quickly alerts management of inventory problems so they may rectify the situation and restore accuracy between system inventory and available physical inventory levels.

      
  • Parts Categorization and Pricing
  • Vendor / Supplier Management
  • Parts Forecasting
  • Part Inventory Management
  • Dealer Ordering / Allocations
  • Physical Inventory
  • Other Features

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    Corporate Headquarters - 17 South Franklin Turnpike, Ramsey, New Jersey 07446 USA
    Phone: +1 (201)-327-9400 -- Toll Free: +1 (800)-727-7260
     
       
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