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Monday August 10 2020


Inventory Management Systems transform inventory and process data into valuable information that can increase productivity and reduce supply chain costs. Data management systems affords users the option of automating their inventory management by gathering, storing and transmitting real-time inventory data. This type of system also allows for access to inventory information and stored data from a remote location via the Internet.

Multiple sites with multiple vessels can be monitored and managed. Reports can be collected for inventory tracking and trends. There are several reasons and benefits to inventory management automation, but the three most important are supply chain management, inventory data management and site maintenance efficiency. Below, you will find out why these three topics are so important.

Reason #1. Supply Chain Management

  • Automate re-order process with suppliers
  • Grant individual permissions for remote supplier communication
  • Improve efficiencies with real-time accessibility to inventory levels and working capital utilization
  • Facilitates multi-site inventory strategy and just-in-time replenishment of material

Reason #2. Inventory Data Management

  • Access inventory information and stored data from a remote location via the Internet
  • Manage multiple sites with multiple vessels
  • Set notifications/alarms to automatically send alerts via email
  • Integrate or import data to an ERP System
  • Store historical data
  • Run reports for tracking trends or other statistical measures

Reason #3. Site Maintenance Efficiency

  • Store and replace calibration settings for all vessels remotely
  • Maintain instruments remotely
  • Eliminate routine and manual inventory reporting