Products | Inventory Management | 4Site.com

By: 4site  09-12-2011
Keywords: Asset Management, Power Generation, Inventory Management

4Site Inventory Management

Balancing the cost and availability of maintenance, repair and operations (MRO) inventory is one of the biggest challenges maintenance managers face. That's why 4Site Inventory Management is a vital component of the 4Site integrated enterprise asset management (EAM) solution.

4Site Inventory Management is designed to help maintenance managers ensure that the right materials are available at the right time and place, making projects more efficient and economical. Effective inventory management saves purchasing, warehousing and labor costs, freeing up valuable operating capital.

Because 4Site Inventory Management is tightly integrated with 4Site Asset Maintenance, 4Site Purchasing / Procurement and 4Site Accounting and Financials, the maintenance department can leverage MRO inventory management to drive asset performance at the lowest cost.

With 4Site Inventory Management, mining, power generation and process manufacturing companies can reduce inventory costs, improve maintenance efficiency and maximize performance:


Reduce Inventory Cost


  • Optimize ordering schedules and quantities

  • Minimize obsolete and excess inventory

  • Accurate inventory values and up-to-date inventory control accounts

  • Leverage consignment inventory capabilities; automatic reordering, receiving, warehousing, issuing and invoicing

  • Avoid cost of ordering the wrong parts or replacements with repairable spare handling capabilities

  • Multiple warehousing capabilities with consolidated warehouse stock records avoid duplication, waste and oversupply


Increase Efficiency


  • Generate automatic reorders driven by current trends, sophisticated stock analysis and forecasting

  • Easily identify equipment parts based on robust equipment hierarchy

  • Reduce entry errors and improve warehouse productivity using mobile web technology with integrated bar code reader

  • Weigh lead time, purchase price, and criticality of owner equipment when determining stock and order levels

  • Avoid waiting at the parts counter or idle equipment for want of parts

  • Use drop points capabilities for precise on-site delivery

  • Reserve materials by simply copying required stores items directly from work orders to reservation requests


Maximize Performance


  • Prevent stock outs

  • Ensure material supply

  • Enhance supplier collaboration

  • Liberate capital resources for more profitable applications


Worker Safety and Environmental Mitigation


  • Ensuring worker safety enhances productivity and boosts retention

  • 4Site pricebook items include hazardous material codes

  • System prints material safety data sheet (MSDS) forms describing safe handling, storage and procedures in the event of release, exposure or spillage


Keywords: Asset Management, Inventory Management, Power Generation

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