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Home > Solutions > Supply Chain Execution > Asset & Inventory Management

Asset & Inventory Management

Asset and Inventory Management is a real time, web-based tool that provides key functionality for any service parts planning organization. Asset and Inventory Management records and tracks key asset information by the asset's part number and serial number to provide instant visibility to the status of your assets worldwide.

This valuable information is used to forecast part demand and determine repair/return schedules using usage, repair, refurbish, and inspection history. The result is less inventory and associated costs, while still maintaining or elevating customer service levels.

Updates to material movement and other information are recorded through the use of validated transactions. The primary transactions are those that ship and receive material, but all transactions are interpreted by the transaction processor into information you can use for planning inventory; demand, usage, defective returns, scrap, and repairs.

A series of reports can be viewed online, downloaded, or sent via email. In addition, a report writer is available for custom reports, and the system supports customer-defined flex fields that can be added to the reporting database.