{"id":643,"date":"2012-07-19T08:45:31","date_gmt":"2012-07-19T12:45:31","guid":{"rendered":"http:\/\/www.psiwebware.com\/blog\/?p=643"},"modified":"2014-02-20T14:23:19","modified_gmt":"2014-02-20T19:23:19","slug":"effective-mro-inventory-management","status":"publish","type":"post","link":"https:\/\/psiwebware.com\/blog\/cmms-software-4\/effective-mro-inventory-management\/","title":{"rendered":"Effective MRO Inventory Management"},"content":{"rendered":"<p>Mobile technology has changed the way many organizations manage their parts, supplies, and tools inventory.\u00a0 The old ways of managing inventory are not only prone to inefficiency; they are no longer a truly effective method for supporting maintenance, repair, and operations (MRO). The importance of a well-run storeroom goes without saying, yet this is one of the main issues where managers encounter problems. Despite the fact that <a title=\"Inventory Management with Smart Phone Barcodes\" href=\"http:\/\/www.psiwebware.com\/cmms\/inventory-management.php\" target=\"_blank\">most\u00a0maintenance software products have built in\u00a0Barcoding functions<\/a>, which makes inventory management easier and more efficient, the benefits can\u2019t be realized unless these functions are actually used.<\/p>\n<p><em><strong>What is Barcode Technology?<\/strong><\/em><\/p>\n<p>The ability to read Barcodes\u00a0is prevalent in nearly any modern mobile device, including Smart Phones and Tablets.\u00a0 You no longer have to purchase expensive barcode\u00a0readers that are used only for a specialized purpose.\u00a0 Any Smart Phone you give your staff can be a barcode\u00a0reader, eliminating extra costs and providing the ultimate in convenience.\u00a0 Essentially, there are no longer any reasons not use Barcode Technology to help manage inventory in your facilities.<\/p>\n<p><em><strong>How do Barcodes Work with Asset Management Software?<\/strong><\/em><\/p>\n<p>Modern asset management software will have barcode\u00a0technology built in by default, with applications, or Apps, that can be downloaded to manage your inventory. You don\u2019t need an Internet connection to use this type of system, so if your storage area does not have a cell phone signal, this is no problem.<\/p>\n<p>Inventory Apps enable you to quickly and accurately receive inventory, transfer it from one storage location to another, and perform physical inventories periodically to ensure your actual inventory matches what your asset management software says is present.\u00a0 If you want to track everything in real time, you can scan an item whenever it leaves your store room, tracking who has the material, where it is going to be used, and keep a full consumption history of everything you purchase.\u00a0 This also makes accounting easier, since there is a seamless data transfer between the different departments.<\/p>\n<p><em><strong>What are the benefits?<\/strong><\/em><\/p>\n<p>Utilizing barcode technology has a lot of benefits particularly when it comes to inventory management. Below are a few of those benefits:<\/p>\n<ul>\n<li>Proper accounting of parts, supplies, and tools<\/li>\n<li>Speed in data collation and transfer<\/li>\n<li>Reduces the error which comes with manual recording of data<\/li>\n<li>Provides detailed records of every facet of each transaction<\/li>\n<li>Reduces the incidence of unavailable parts or supplies by keeping detailed records of what is available in the storeroom<\/li>\n<li>Automatic transaction histories improve budget management and reordering whenever the stock falls below the minimum stock requirement<\/li>\n<\/ul>\n<p>Barcoding and Asset Management Software automates a great deal of the inventory management process, but only if the functions are fully utilized. A systematic approach can go a long way to make your storeroom more orderly and less of a problem zone for facility managers and technicians.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inventory Apps enable you to quickly and accurately receive inventory, transfer it from one storage location to another, and perform physical inventories periodically to ensure your actual inventory matches what your asset management software says is present.  If you want to track everything in real time, you can scan an item whenever it leaves your store room, tracking who has the material, where it is going to be used, and keep a full consumption history of everything you purchase.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_options":[]},"categories":[40],"tags":[6,68],"jetpack_publicize_connections":[],"psp_head":"<title>Effective MRO Inventory Management \u2013 PSIwebware - Hometown of TAMS<\/title>\r\n<meta name=\"description\" content=\"If you only consider Inventory Management when they have an immediate need or problem, your Asset Management Software can help prevent shortages.\" \/>\r\n<meta name=\"robots\" content=\"index,follow\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/psiwebware.com\/blog\/cmms-software-4\/effective-mro-inventory-management\/\" \/>\r\n","jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p2ATPx-an","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/psiwebware.com\/blog\/wp-json\/wp\/v2\/posts\/643"}],"collection":[{"href":"https:\/\/psiwebware.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/psiwebware.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/psiwebware.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/psiwebware.com\/blog\/wp-json\/wp\/v2\/comments?post=643"}],"version-history":[{"count":5,"href":"https:\/\/psiwebware.com\/blog\/wp-json\/wp\/v2\/posts\/643\/revisions"}],"predecessor-version":[{"id":718,"href":"https:\/\/psiwebware.com\/blog\/wp-json\/wp\/v2\/posts\/643\/revisions\/718"}],"wp:attachment":[{"href":"https:\/\/psiwebware.com\/blog\/wp-json\/wp\/v2\/media?parent=643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/psiwebware.com\/blog\/wp-json\/wp\/v2\/categories?post=643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/psiwebware.com\/blog\/wp-json\/wp\/v2\/tags?post=643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}