Spare Parts Inventory Optimization

Our On-Demand Inventory Assessment provides a comprehensive snapshot of inventory health at the moment

Typically field service management businesses have 25-60% overstock. With our spare parts inventory optimization services we identify excess inventory and freeze replenishment purchasing

Identify understock and prevent out-of-stocks. Up to 20% understock in high demand items and critical service parts including service truck stock management

Prevent reoccurrence of overstocks & understocks. Reduce overall inventory 20-50% without compromising service levels

Reduce 15% of inventory carrying costs such as warehousing, shipping, receiving,  plus purchasing efficiencies 

Detailed insight into inventory performance anomalies and trends.  Intuitive visualizations of KPI's

Demand for spare parts can vary between service territories and technicians.  Optimized service truck stock balances first-time fix with parts that have little or no demand

Move overstock to locations with demand.   Transfer dead inventory from vans, warehouses, & depots to the Distribution Center for future re-allocation