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 create asset inventory


Fixed Asset Inventory: A Guide to Getting Started
Implementing a fixed asset inventory solution and performing proper accounting of assets can save time and money, reduce theft, improve planning and budgeting

create asset inventory  process, including how to create an asset inventory process, implement a label and scanning solution for tracking of assets, establish an accurate baseline of fixed assets, and design a “go-forward” strategy for maintaining an asset inventory.

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Browse RFP templates

Visit the TEC store for RFP templates that can save you weeks and months of requirements gathering, and help ensure the succes of your software selection project.

Browse Now
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Enterprise Asset Management (EAM/CMMS) RFI/RFP Template

General CMMS Functionality, Maintenance Management, Integration, Human Resources, Financials, Purchasing Management, Inventory Management, Product Technology 

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Documents related to » create asset inventory

Inventory Management Technology Strategies for Distribution


Inventory has been—and continues to be—the lifeblood of the distribution marketplace. While many companies are slow to adopt new strategies and technologies, a growing number of distributors are leveraging inventory practices to improve key metrics like customer retention, gross margins, and inventory turns. Read these research survey findings to find out how you can make better inventory management technology decisions.

create asset inventory  global sourcing strategies that create more supply and lead time variability. Aberdeen benchmark results show that above-average inventory performers are more than 2.5 times as likely as other companies to update their inventory strategies and policies multiple times a year. The Critical Role of Technology in Inventory Management Improving inventory practices calls for a high degree of collaboration and visibility across the supply chain, as well as more sophisticated optimization. Companies that do not u Read More

Challenges and Future Plans of a Product Inventory Disposition Vendor


Despite FreeFlow's success at helping organizations regain some margin of profitability for excess inventory, the company still strives for expansion and improvement as a product inventory disposition vendor, with the aim of meeting international environmental regulations down the track.

create asset inventory  consumers, whereas FreeFlow might create and feature a web site too, but for a business to business (B2B), high-touch environment (see Differences in Complexity between B2C and B2B E-commerce ). In fact, in late 2006, FreeFlow announced a service partnership with eBay that unites both companies' solutions to help enterprise customers maximize sales of excess, aging, returned, and refurbished inventory. This global offering of eBay's private marketplace technology and FreeFlow's pre-auction and post-auctio Read More

Achieving Effective Inventory Management


In today’s competitive business environment, wholesale distributors face critical factors that directly affect customer satisfaction and profit margins. These challenges, combined with customer demands for product availability, can conflict with operational goals of increasing inventory turnover and minimizing costs. However, business automation software can deliver sophisticated distribution capabilities designed to help you with these important business issues.

create asset inventory  could be used to create custom report settings such as: Warehouse Is Equal to Tampa or Rialto Item Contains Modem The corresponding report would include only items containing the word modem from the Tampa or Rialto warehouses. Further, most reports provide additional options. For example, the Stock Status report allows you to define whether to include the stock status or the stock status with replenishment information; whether or not to include zero and negative inventory values in the report; Read More

How Inventory Optimization Can Increase Your Profitability


One of the largest expenses for distributors and wholesalers is stock. Many have difficulty finding the perfect balance between ensuring products are available when they’re needed and not holding too much inventory. So, how is it possible to increase profitability while lowering inventory costs? By exploiting an inventory optimization system, businesses increase automation and collaboration—allowing greater profitability.

create asset inventory  customers' own forecasts to create an Efficient Consumer Response (ECR) solution as a basis for future demand forecasting. Several different forecasting methods can be applied separately to item segments, to suit differing demand patterns. Inventory optimization can also keep track of demand figures for each customer and calculate demand data on items, warehouses and time periods. With the right system and setup in place, these demand plans can be performed automatically to become a key component in the o Read More

EAM versus CMMS: What's Right for Your Company? Part Four: IFS and Intentia Responses


The primary benefit of enterprise asset management (EAM) is the reliability-centered maintenance. Let’s face it: any process that can help you improve what you are doing now and enables you to do it better in the future is the best thing since "sliced bread". Providing data to feed back into a process can only increase operational revenues and decrease maintenance expenses. Nonetheless, beware of EAM vendors explaining the ease with which these interfaces can be constructed and modified in the future based on new software releases.

create asset inventory  channels, visibility, and noise created by system integrators (which, in fact, will likely have promoted the competitive products). Last but not least, one common streak that is pertinent to this article is that both vendors' roots stem from the maintenance and asset management arenas of some twenty years ago. For Intentia, this area was in aerospace and defense (A&D) and for IFS, it was the utilities sector. Both vendors seem to be returning to their roots in their quests to return to prosperity. For Read More

Inventory Planning & Optimization: Extending Your ERP System


SCM vendors are adding best of breed solutions to ERP product suites and are aggressively marketing this new functionality. The SCM market has been growing so strongly that where SCM was once viewed as a means to gain competitive advantage, companies now see it as a necessary extension of an ERP system, especially Inventory Management and Optimization solutions.

create asset inventory  ERP systems. Inflexible plans created under these conditions are not favorable to optimizing results for a Customer's particularly unique complexities. Planning is One-Dimensional ERP systems normally employ some flavor of MRP (Material Requirements Planning) or MRP-II (Manufacturing Resources Planning) for internal supply chain planning. Unfortunately these methodologies are sequential in nature, which makes them unsuitable for considering multiple dynamically changing constraints such as varying lead Read More

Inventory Planning & Optimization: Extending Your ERP System Part Three: Business Case for Inventory Optimization Solutions


Inventory Optimization software recognizes that different industries have different inventory profiles and requirements. Research has indicated that solutions are priced in a large range from tens of thousands of Dollars to millions of Dollars. In this niche market sector, price is definitely not an indicator of the quality of solution. ROI and usability are paramount.

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The First Steps to Achieving Effective Inventory Control


Despite varying locations and industries, distributors worldwide often face similar inventory-related problems. Too much of one product, not enough of another… and the list goes on. Discover how many forward-thinking distributors have learned to better manage production inventory—and increase efficiency and profitability—with smart inventory management strategies based on tried and proven methods and best practices.

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Beating the Big Brands through Vendor-managed Inventory


A growing number of smart suppliers have recognized the competitive high ground to be seized as they deepen their connections to retail customers. By adding value in the replenishment process through vendor-managed inventory (VMI), small- and midsize manufacturers can differentiate themselves from larger brands. Most importantly, they can develop more profitable relationships with their retail clients. Find out how.

create asset inventory  CDC Software,inventory management,replenishment,warehouse inventory management,auto inventory management,inventory management control,managed inventory,vendor managed inventory,purchasing inventory management,supply chain management inventory,free inventory management,equipment inventory management,purchasing and inventory management,web inventory management,inventory cost management Read More

SAP to Acquire Inventory Optimization Vendor SmartOps


SAP announced on Friday evening its intention to (finally) acquire SmartOps, a move much anticipated for some time. The most enduring mystery about this is not that it happened, or why, but why SAP waited so long to make the move. SmartOps had established a leading position in the inventory optimization space, and had obviously formed a very close relationship with SAP, who realized long ago

create asset inventory  hooked more closely together create new opportunities. When TEC briefed recently with SmartOps, we heard considerable excitement from the team about its Enterprise Demand Sensing. SmartOps feels that this new technology and solution puts the company at a technical crossroads, which may provide further rationale for the timing of this acquisition. The fact remains that this move does not come as a real surprise to us or to almost anyone else who has been watching the space. Edwin Lange, then executive Read More

Managing Inventory for Optimal Advantage: 10 Common Inventory Mistakes and How to Correct Them


If your company is “fighting fires” daily to meet customer demand, then you’re already losing customers and missing new sales. Today, business is conducted in real time, which requires flexibility and responsiveness. It’s these two attributes—along with reduced costs—that are the most beneficial in managing for optimal inventory levels. Find out how you can better plan and manage your inventory for long-term survival.

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Unlocking Working Capital: Best Practices for Reducing Inventory


Two-thirds of the 400 survey participants in a 2007 Aberdeen report about inventory management place a high priority on working capital optimization. Many companies are reconsidering their business strategies, including implementing appropriate technology platforms that help automate supply chain processes. Learn about cost-effective and practical ways to reduce inventory so that working capital can be released.

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Active RFID Solutions for Asset Tracking and Inventory Management


Radio frequency identification (RFID) technology is fast replacing ScanCode technology in asset tracking and inventory management. Traditionally, asset tracking and inventory management in retail supply chain or manufacturing or service units depended heavily on manual scanning of bar code printed on each item at every strategic point. This white paper focuses on details of RFID technology and how you can automate asset tracking and inventory management of your enterprise using it. The white paper takes aid of a case study on how FicusSoft has developed and successfully implemented RFID integrated asset tracking and inventory management solutions for a reputed manufacturer of ultra-sensitive instruments used in the field of biotechnology and pharmaceutical research.

create asset inventory  RFID Solutions for Asset Tracking and Inventory Management Radio frequency identification (RFID) technology is fast replacing ScanCode technology in asset tracking and inventory management. Traditionally, asset tracking and inventory management in retail supply chain or manufacturing or service units depended heavily on manual scanning of bar code printed on each item at every strategic point. This white paper focuses on details of RFID technology and how you can automate asset tracking and Read More