Optimizing Inventory Asset Management Solution for a Supply Chain Service Provider

Key Highlights

  • OptiSol developed an asset management solution with real-time tracking, barcode scanning, manual entry, and flexible categorization to enhance asset efficiency and accuracy.
  • The client struggled with complex asset management, inefficient tracking, and regulatory compliance due to outdated systems and manual processes.
  • We introduced real-time tracking, barcode scanning, and manual data entry, along with asset auditing and customizable categorization for improved management.
  • Enhanced efficiency with reduced search times, accuracy was enhanced through better data management, and compliance was streamlined with regular audits and flexible categorization.

Problem Statement

01

Managing Asset Complexity: Managing numerous assets through various stages and facilities was complex and time-consuming, impacting overall operational efficiency and accuracy.

02

Inefficient Asset Tracking: Manual entry errors and outdated systems resulted in inaccurate tracking and hindered asset management across dispersed locations.

03

Regulatory Compliance: Outdated systems and manual processes compromised data security and failed to meet industry-specific regulations for asset management.

Solution Overview

01

OptiSol collaborated with a leading supply chain service provider to design customizable dashboards that displayed asset details, including quantity, net value, type, audit reports & status.

02

Our team implemented real-time tracking and a map view, allowing users to monitor asset locations and conditions, improving management efficiency.

03

We introduced features for both barcode scanning and manual data entry, enabling accurate and flexible asset information management.

04

By integrating an asset auditing feature that allows users to conduct regular audits easily, ensuring accurate tracking and management of assets across various locations.

05

Designed a flexible categorization system for assets, enabling users to add locations, categories, & customize asset details according to industry-specific needs, improving organizational efficiency.

Business Impact

01

Enhanced Efficiency:Real-time tracking and map views improved asset management efficiency by reducing manual search times and operational delays.
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Reduced Operational Delays

02

Increased Accuracy: Barcode scanning, and manual entry features enhanced data accuracy and flexibility, leading to more reliable asset tracking.
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Improved Tracking Efficiency

03

Streamlined Regulatory Compliance: Asset auditing and flexible categorization ensured regulatory compliance and improved organizational efficiency.
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Enhanced Regulatory Compliance

About The Project

In this project, OptiSol addressed the client’s challenges in managing asset complexity, inefficient tracking, and regulatory compliance due to outdated systems and manual processes. To resolve these issues, we implemented real-time tracking with a map view, introduced barcode scanning and manual entry for accurate data management, and added an asset auditing feature for regular checks. We also designed a flexible categorization system for customization. These solutions improved efficiency, accuracy, and compliance, enhancing overall organizational performance.

Client Appreciation

“UI looks more intuitive, and love the approach. Well done guys”

—Mike Lowry, President/CEO

Technical Resources

Testimonials of Our Happy Clients

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