So, why should you care about inventory management? Inventory is money and its management plays an important role in an environment where the organization suffers from poor cash flow or has no control over electronic information transfer among departments and suppliers, lead times, and quality of materials received. Obtaining and holding inventory is necessary to manage predictability, fluctuations in demand, unreliability of supply, price protection, buffer or safety quantities, anticipation stock, or transit products. Cloud computing approaches offer an added advantage of lowering IT costs by driving out administrative operations.

Tools available for managing inventory have analytical and optimization techniques, and spreadsheets make it easy to test models and perform what-if analysis. Warehouse managers dealing with large-scale implementations prefer software tools. Independent and specialized management and optimization software are popular even though there are inventory management and supply chain management modules within popular ERP systems. We understand that inventory control is critical for loss prevention and our team has developed inventory management software to help you to efficiently manage stocks. We’ve designed the software to leverage on the advantages offered by cloud computing. Warehouse personnel can quickly scan the location and/or item bar code, and enter the quantity using a handheld device with an integrated reader. It’s easy to set reorder points with minimum and maximum levels for each item. The software will even print barcodes for you if your items do not have them. If your stock is managed manually or with spreadsheets, you’ll find our cloud-based software useful in avoiding setbacks due to insufficient products. Schools, colleges and universities, companies, hospitals and restaurants, retail stores and warehouses using vendor managed stock have benefitted by deploying our inventory management software.

References:

Müller, M. (2011). Essentials of Inventory Management. U.S.A.: American Management Association.

• Added several stock reports including Issues/Receipts by Date, Issues/Receipts by Category and Issues/Receipts by Vendor
• Added a new form for processing stock returns
• Added new division options for auto-numbering orders
• Improved time zone support so that transaction dates are displayed in your local time zone
• Added the news ticker on the login page
• Improved login error messages to be more specific about login problems
• Improved serial number processing for receipts, returns, and issues

Next month we will be adding importing and exporting capabilities and a web service API to enable Stratus integration with your in-house databases and applications.

IntelliTrack, Inc. recently announced its new STRATUS line of web-based software for all of its currently offered line of products.  All IntelliTrack software products in the STRATUS line are available in cloud format. This new and improved format gives users a better way to gather, access, and retrieve their data storage – all through shared configurable resources. Storing and accessing information on a cloud saves valuable company server space. Enterprises of all sizes can join millions of users now using cloud-computing technology, saving their companies time and money.

IntelliTrack’s new StratusISRP cloud warehouse inventory solution provides companies with an extremely efficient way to manage and track consumable inventory in a small warehouse environment.  StratusISRP is web-based allowing inventories to be managed at multiple in-house and off-site locations using hand held mobile computers. This includes product receipts, picking products, shipping products and performing inventory counts. Collected data is quickly sent over the Internet to the company’s central database and efficiently consolidated and ready for immediate analysis and reporting.

And once your data collection is complete, it is safely stored and easily accessible in the cloud, without using your valuable company server space.  Efficient and readily available tech support and trouble-shooting are standing by to assist you should the need arise with StratusISRP.

StratusISRP offers all the features of StratusStockroom and StratusInventory plus the following benefits:

• Serial number, lot and expiration date inventory attributes
• All the benefits of StratusInventory and StratusStockroom
• Validate receipts with predefined receiving orders
• Validate order fulfillment with predefined picking orders
• Restock customer’s inventory at their location from a delivery truck using a mobile computer
• Container/Pallet Tracking
• Multiple units of measure
• Receipt transactions from vendors
• Issue transaction information to internal and external customers
• Physical count information and reconciliation
• Up-to-date usage reporting
• Set reorder points to prevent unnecessary outages

IntelliTrack’s new StratusISRP is completely configurable to your company’s stockroom data collection and storage needs.  StratusISRP also supports customer/industry specific terminology.

“ISRP is our flagship product because it lends itself to so many warehouse and inventory management environments.  Now with the StratusISRP release, our product will become more compatible with e-commerce distribution and complement other web-based applications,” stated Ron Pawlowski, COO of IntelliTrack.

About IntelliTrack, Inc.
IntelliTrack, Inc. is the leading developer of affordable web based software applications for barcode, RFID, batch, and Wi–Fi (RF) data collection. Specializing in Inventory and Asset Management, IntelliTrack SaaS applications include inventory control, warehouse management and asset tracking. IntelliTrack software runs on mobile computers from Motorola, Datalogic, and Unitech. More than 30,000 copies of IntelliTrack software have been deployed on over 80,000 mobile computers and wireless terminals worldwide. The results are cost–effective; the solutions are easy to apply. For more information about IntelliTrack software applications, visit www.intellitrack.net.

A real-time warehouse management system (WMS) is a must for staying competitive. These systems may be stand alone or part of an enterprise resource planning systems and modern WMS’s support advances in technology such as automation, RFID and voice recognition. Real-time systems allow effective control, accurate verification and efficient registration of data. Gwynne Richards, the author of ‘Warehouse Management,’ says that WMS’s provide advantages including accurate stock, accurate reporting, automatic replenishments, stock visibility and traceability, remote data visibility, reduction in mispicks, reduction in returns, and better customer service. Jeroen Van Den Berg, the author of ‘Integral Warehouse Management,’ says that flexibility is one great advantage that outweighs all other advantages. For example, it is relatively easy to reconfigure the parameters should the business demand process redesign from time to time.

Cloud computing has made software as a service (SaaS) affordable for even those with the smallest budgets. Companies can rent Warehouse Management Systems on a monthly basis subscribing only the functionality they need. The choice of WMS should be based on key business requirements – important considerations such as improved stock accuracy, the potential for increased productivity and cost savings, improved traceability, and improved customer and client service. The decision to purchase or rent should also include the return on investment.

A good Warehouse Management System software allows easy control of activities such as put-away, order-picking, replenishing or other value added functions. The system makes use of barcode and wireless technology to capture relevant data on shipments, inventory, and the warehouse itself to automate functions in the warehouse. It should also have radio connection with radio frequency (RF) terminals to display commands, and operators can respond by typing a response or scanning a barcode. Another great option would be that it assigns tasks to organize warehouse operations – keeps track of goods to be shipped or tracked and reminds managers or automated systems to execute them. It should also enable real-time updates on activities in the warehouse, and minimizes errors by verifying tasks in real-time.

References:
Richards, G. (2011). Warehouse Management. U.S.A.: Kogan Page Ltd.
Van Den Berg, J. (2007). Integral Warehouse Management. The Netherlands: Management Outlook Publications.

IntelliTrack, Inc. recently announced its new STRATUS line of web-based inventory software for all of its currently offered line of products.  IntelliTrack software products are now all available in cloud format, giving users a new and improved way to access their data storage, readily retrieve and use their applications software, and easily obtain technology services and support – all through shared configurable resources. Wherever the Internet is available, many benefits await STRATUS products user including:

•  quick and easy deployment – eliminates waiting time for physical software product or losing valuable installation time
• easier data access in real-time or batch data collection, in-house or off-site at other locations
• immediate tech support access
• fast and easy access to STRATUS product enhancements and updates
• data storage all in the cloud, saving in-house computer server space
• reduction of user company IT resources
• user company saving money in multiple areas
• increase in efficiency turns into an increase in productivity

StratusStockroom is IntelliTrack’s new easy to use “next-generation” web-based stockroom management software.  Performing a physical stockroom count typically requires extensive time collecting data on a hand-held mobile computer.  After collection, the data must be downloaded to the company’s database and then consolidated for later analysis.

With IntelliTrack’s new StratusStockroom, this new cloud inventory solution provides companies with an extremely efficient way to track consumable inventory usage and stock levels. Since StratusStockroom is web-based, inventories may be taken at multiple in-house and off-site locations, using hand held mobile computers. Collected data is quickly sent over the Internet to the company’s central database where it is efficiently consolidated and ready for immediate analysis and reporting.  Less wait time – more information – easily available at your fingertips. StratusStockroom allows users to control maintenance and supply costs through accurate inventory control. Track your office supplies, uniforms and maintenance supplies.  Use StratusStockroom to gather detailed information to set your reorder levels and never run out of much needed supplies again.

And once your data collection is complete, it is safely stored and easily accessible in the cloud, without using your valuable company server space.  Efficient and readily available tech support and trouble-shooting are standing by to assist you should the need arise with StratusStockroom.

StratusStockroom offers the following benefits:

• Serial number, lot and expiration date inventory attributes
• Multiple units of measure
• Receipt transactions from vendors
• Issue transaction information to internal and external customers
• Physical count information and reconciliation
• Up-to-date usage reporting
• Set reorder points to prevent unnecessary outages

IntelliTrack’s new StratusStockroom is completely configurable to your company’s stockroom data collection and storage needs.  StratusStockroom also supports customer/industry specific terminology.

Join millions of users now using cloud computing technology, saving their companies time and money. Contact us now to discuss how IntelliTrack may configure StratusStockroom to suit your stockroom management needs.

A successful inventory tracking system requires an inventory tracking software, and well-trained staff to maintain high accuracy levels. The software should include the frequency of product usage allowing managers to make decisions effectively. The latest inventory data is necessary for accurate stock information as cycle counters use inventory records to count inventory efficiently. Cycle counting does not only provide updated balance information, but also helps locate underlying problems behind inventory records. Inaccuracies in inventory records are undesirable as they may lead to transactional errors. Also, material requirements planning systems require a high level of inventory level accuracy.

The sophistication of inventory tracking software has grown with advanced computing capabilities, providing the possibility to reduce inventory costs even further. Cloud services with web-based applications, for example, facilitate personal and business computing tasks. Such services overcome a major disadvantage of the inability to access PC based applications from anywhere. IntelliTrack, in anticipation of future business needs, has developed web-applications for the cloud as services. IntelliTrack’s web-applications behind the cloud are based on a service oriented architecture and modular approach enabling flexibility and reuse.

Facility or stockroom managers may use the IntelliTrack Stockroom Inventory Software to effectively manage consumable inventory and stock levels. Stockroom staff can receive and issue consumable inventory, for example, by using a Windows CE/Mobile handheld computer with an integrated barcode reader. Simply scan the stockroom location barcode, item barcode and enter the transaction quantity using the Windows CE/Mobile handheld computer for recording the inventory transactions.

The IntelliTrack Stockroom Inventory Software maintains detailed information about usage, and manages reorder points with minimum and maximum levels defined for each inventory item. The IntelliTrack Stockroom Inventory Software can also print barcodes for inventory items that may not have barcodes. The IntelliTrack Stockroom Inventory Software has been designed to addresses a variety of business needs, be it office supplies, merchandising or uniforms. IntelliTrack is proud to have clients including EMS, buildings and facilities, fire services, municipalities, police and office supply services.

This tool tracking software can save money in terms of never having to buy a replacement tool or equipment again. It also means being efficient and effective in terms of having full use of all the tools, all the time.

A TTS can be used by construction firms, suppliers, utilities and government agencies in their quest for keeping track of their assets. Tool tracking has been done by hand and manually but has been proven to be ineffective because of human errors and theft.  With TTS, whiteboards and  paper based methods are now a thing of the past. You will never have to worry about losing you’re your equipment or you precious remote control if you had a TTS at home.

Intellitrack offers a TTS system or a check in-out software.  It is used with a handheld computer which can track your company’s barcode or create one for you.  The tracking software also keeps detailed information about who has the tool and when it is due back. Additionally IntelliTrack Check In-Out keeps detailed information about equipment usage and manages your reorder times based on the average life of the tool or equipment.  This also helps your business understand the average life of all your equipment.

IntelliTrack’s office relocation was done in tandem with the introduction of their new STRATUS line of web-based software solutions. ITI’s new STRATUS line provides its customers with a management platform to easily deploy and manage their business critical applications with complete control.

“We’ve taken the opportunity to run our office off a cloud format, which is exactly how our new STRATUS product line works for our customers,” commented Ronald Pawlowski, COO of IntelliTrack, Inc.

About IntelliTrack, Inc.

IntelliTrack, Inc. is the leading developer of affordable software applications for barcode, RFID, batch, and Wi–Fi (RF) data collection. Specializing in Inventory and Asset Management, IntelliTrack applications include inventory control, warehouse management and asset tracking. IntelliTrack software runs on mobile computers from Motorola, Datalogic, and Unitech. More than 20,000 copies of IntelliTrack software have been deployed on over 50,000 mobile computers and wireless terminals worldwide. The results are cost–effective; the solutions are easy to apply. For more information about IntelliTrack software applications, visit www.intellitrack.net.

• Order Management Team – nature of the product, location, delivery duration and delay aspect.
• Sales Team – availability of the stocks and product, levels of stock availability and back orders.
• End Users – expected date and time of arrival of orders.

Human errors are the main enemy of businesses and corporations with warehouses. This is why businesses and corporations have developed a warehouse management system to eradicate and eliminate the concept of human errors.

Warehouse Management Systems (WMS) pertain to a picture of a more efficient and effective way of reporting stock levels in the warehouse for the staff to know which product must be given the first priority. This is also the way to have a more stable stock cycle because of effective stock management  and to avoid the shortage of stocks to balance the supply and demand chain.

Barcodes in the data entry allows the managers to have a more accurate view of the movement of product, inside and outside of the warehouse. Customer satisfaction is of course the delivery of goods on time and the tracking of  point to point delivery systems that will be the basis of information of the customers whenever they need information regarding their shipment. Getting the right shipment at the right place and at the right time is the most important promise that a company can give to a customer.

Paperless transactions will also make the processes cleaner and more up to speed. Hard copy documentation of tickets and inventory list are a waste of time in modern storage facilities. Documentations such as these are the root cause of human errors, error in data login and information and delivery details, this can also be your key to efficiency because of the less manpower to process movements of product in the warehouse which entails downsizing and saving money for owners and managers.

Space saving capabilities can also be an additional advantage for the warehouse management systems because of the more accurate details of the supply and the product specifications. Stacking and bundling designs can also be attributed to the efficiency of the WMS.

Larger corporate benefits can be reaped from the usage of the warehouse management systems. Giving both the customer and the owner a better view and glimpse of information that can surely make bridges for long and satisfying business relationships. A real time data status report and the accurate data correspondence is a flexible system that is constantly being improved and upgraded for better results. Best practices are always being applied to the system that has proven to be a cost saving process.