Inventory management

  • 07-Nov-2008 04:24 EST
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Loadstar Sensors offers a complete end-to-end hardware and software solution to automate the process of replenishing inventory at customers’ point-of-use sites. The iVMIT Intelligent Vendor Managed Inventory solution monitors the level of parts in a bin by weighing the contents and computing a comparison to pre-determined minimum/maximum levels. Suggested orders or alerts then are automatically sent to buyers, allowing distributors and end users to remotely monitor inventory levels in real time and automate the reorder process, saving an average-sized part supplier 50-75% over current inventory management techniques. Benefits include reduced travel time and fuel costs, elimination of manual examination of parts, and stock-out prevention. The system can also reduce pilferage.

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