Challenges
- Lack of real-time visibility into stock levels
- Difficulty in tracking inventory across multiple locations
- Manual processes for stock updates and procurement
- Inefficient replenishment and threshold alerts
- Poor integration with work orders and vendor systems
- Limited reporting and analytics for inventory optimization
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Service Overview
The Inventory Management module in iWaaTech is designed to centralize and automate stock control for parts, tools, and consumables required for maintenance and facility operations. It ensures real-time visibility, accurate tracking, and efficient procurement processes.
Service Highlights
- Create and manage inventory/stock items.
- Manage stores and warehouses.
- Track tools and industry-specific equipment.
- Stock reporting and replenishment alerts.
- BOM (Bill of Materials) and quotation management.
- Purchase order and procurement workflows.
- Supplier management and integration.
- Threshold management with automated alerts.
- Notifications for low stock and limit breaches.
- Calendar-based scheduling for work order-related inventory needs.
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Business Benefits
- Prevents stock shortages and operational delays.
- Improves cost control through optimized inventory levels.
- Enhances procurement efficiency and vendor coordination.
- Provides real-time visibility for better planning.
- Reduces manual errors and improves compliance.
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