StockVUE is an IOT solution for managing your inventory of Fasteners using digital weight scales. While RFID and bar-coding may work for discrete high value parts, it is cumbersome to manage bulk low value parts like nuts, bolts, washers and screws on an individual basis. Unfortunately, until now these parts had to be counted manually and replenished. StockVUE changes this completely by using smart scales! StockVUE allows customers, retailers, supply chain managers, warehouse managers and distributors to get automatic updates of inventory counts and alerts BEFORE running out of stocks completely.
Many fastener distributors provide Vendor Managed Inventory services (VMI) to their customers. But today, this is done manually. Usually a person drives to a customer site, visually inspects, counts parts as needed and identifies parts to be replenished and come back and types in an order. Once received, the person goes back and places the parts in the bins. This VMI process is very expensive, time consuming and sometimes dangerous when the person has to brave through bad weather and rush hour traffic to reach remote sites.
StockVUE makes VMI a breeze to implement. StockVUE fastener manufacturers and distributors to serve customers autonomously, remotely and in real time! They can get up to the minute inventory counts and based on self identified levels, generate automatic replenishment orders. They can simply ship needed parts via UPS/Fedex just-in-time saving warehouse space needed as well as reducing the carrying cost of money needed for safety stock. Vendors can guarantee no stockouts and cover a wide geographic area and replenish inventory on a as needed basis without requiring more manpower, trucks or distribution centers at remote sites.
We now offer the benefits of StockVUE in a mobile version! You can use our cart built in with StockVUE to track parts that are needed to be moved around from location to location. The cart has built-in digital scales and wireless routers and can even have an optional UPS (uninterrupted power supply) system for true cordless application. Users can see exact counts of parts and supply chain professionals can remotely monitor and bring just-in-time replenishments where its needed!
A major distributor located in the northeast was looking to improve their VMI operation to reduce cost and improve distribution operations. Some of their customers were suffering from Stockouts and delays. They were also looking for a way to expand operations to far flung, difficult to reach areas where they did not have any facilities or infrastructure.
Once they installed StockVUE for their inventory tracking and management, they saw a significant improvement in their supply chain managment process. StockVUE helped them by: