Is it possible for a maintenance organization to reduce on-hand inventory by 50 to 70%, and eliminate 50 to 75% of the P.O. numbers it issues, documents, and tracks? Duncan Industrial
, Oklahoma City, Okla., says it can show companies how to decrease manual transactions and their costs incurred by tracking and stocking inventory by using tracking software that is easy to operate and supported by Duncan Industrial IT staff. The firm says its AccountLink software saves money and time by providing secure, real-time access to account information. The software also reviews orders and purchasing history, requests quotes, and generates purchasing reports using almost any set of parameters.
Electronic Data Interchange allows computer-to-computer data exchanges, such as P.O.s, invoices, and fund transfers, with minimal human intervention. In addition, bar coding allows fast and accurate inventory tracking and supply chain management. Bar coding also increases the speed of supply check-in, provides reliable data about materials use, and enables automatic reordering for items used and replaced regularly. The result is a significant reduction in the amount of time and paper devoted to everyday requisitioning tasks.
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