CribMaster's Smart Purchasing Functionality
Keeping up with tool, MRO and indirect material inventory counts and the replenishment of your stock can sometimes be overwhelming. If not managed properly your money can be locked up in too much inventory on-hand, dead-stock and additional shipping costs to get critical items on-time. CribMaster's smart purchasing features enable the system to calculate demand based on actual usage, lead times, upcoming work orders and more. CribMaster's smart purchasing will allow you to:
- Automate the replenishment of your inventory
- Reduce the amount of PO's being created
- Accurately Monitor Usage
- Notify suppliers of needed items
- Keep a lower On-Hand supply
- Make well informed decisions based on history
- Store order information for each supplier
- Manage blanket purchase orders
- Automatically calculate optimum EOQ defined by Gordon Graham formula generated by actual usage
CribMaster has saved companies millions based on the way tools, MRO and other indirect material is managed and purchased. CribMaster reduces the amount of time used in managing these processes by automating otherwise manual processes with software, vending or RFID. While allowing this automation, CribMaster's smart analysis of ongoing inventory usage can recommend or automatically change min/max replenishment figures for complete optimization. CribMaster will also allow you to easily identify surplus inventory and dead stock. You can even send inventory you no longer need directly to an onsite auction to relieve your operation of the chained cost of carrying the inventory.
Most operations have a means of cutting purchase orders and CribMaster's open database structure allows for an easy integration or hand shake with these systems. Because of CribMaster's expertise in managing tools, MRO and other indirect material we always suggest that customers let CribMaster generate the demand and share that demand with the system cutting your purchase orders. This makes for a seamless way to take advantage of CribMaster's smart purchasing and still retain the order information in your ERP.
Call today to discuss how CribMaster's smart purchasing system can begin to unlock savings...1.888.419.1399. We'll be glad to discuss with you how vending, RFID and software has helped others gain control of tools, MRO and other indirect material
"We then check the tool
inventory right in CribMaster and this enables us to fill our supply
with plenty of time before the job goes on the machine. CribMaster
has made our purchasing and ordering process so much smoother."
- Sandy Welch, T&S Machine
