Online visibility of a company handling supply chain determines its growth.
Asset tracking and verification
Use automatic data collection:
Automatic data collection is through bar code and radio frequency identification. This system has accuracy, well established and reduces time & labor costs. Plenty of companies still using a manual process for data collection.
Don’t rely on manual data entry processes:
Using mobile computers and bar-code scanners and RFID readers at the receiving dock immediately identify products. This eliminates almost all errors associated with manual data collection like identification, counting and data entry errors by RFID technology. At this process warehouse staff can focus on customer orders effectively.
Asset tracking paired with a warehouse management system (WMS):
Asset tracking combined with Warehouse Management System (WMS) increases warehouse productivity by providing automation. Companies are striving hard to improve their warehouse management by enhancing visibility and labor efficiency. WMS manages all resources and controls inventory management which also minimizes total cost of operation.
Software applications in any size organization synchronize all data which relates to SKU horizontally or vertically within the company. The best practice hers is continuity of SKU information to WMS, POS and BOS investments. One source of data makes sense and the result is retailers, consumers, suppliers will be benefited.
Asset tracking enables accurate forecasting and improves inventory management:
Successful inventory management requires forecasting to lower costs. Better prediction plays huge role in inventory control requires market research, market demand patterns, and stock levels etc. so that retailers and suppliers can meet customer expectations.
Use a unique tracking number, not the asset’s serial number:
Unique Tracking number avoids confusion over remaining assets, inaccurate and customer dissatisfaction.
Jayemcapoptrack is a unit of Jayem Logistics dealing with Asset verification, Tracking and relocation. Software product for capital items is ASSETRACK, EOSOFT for EOU/ EHTP/ STP/ FTW/ SEZ UNITS and WMSOFT is for operational Items for better inventory management.
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Computation for Customs / Central Excise / CST / VAT / GST
Computation for Impairment / Slump Sale / M and A
Legal Transfer / Sales Process
Relocation, Storage, Repair, Reverse Logistics, Sale
Scrap and E- Waste management.
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