Stock outs, uneconomical ordering schedules and quantities, obsolete and excess inventory – they are all sources of waste and inefficiency, but they also offer opportunities for optimization and cost savings. To leverage these excellent opportunities, 4Site generates automatic reorders driven by current trends, sophisticated stock analysis and forecasting.

Easy identification of equipment parts based on 4Site’s robust equipment hierarchy and repairable spare handling avoids the needless cost of ordering the wrong parts, or of ordering replacements when repair or refurbishment is required.

4Site’s cyclic counting option makes sure that everything in inventory is counted regularly, transactions are created to handle discrepancies and book quantities are updated taking into account stock movement during the count. Mobile Web technology with integrated bar code reader reduces entry errors and improves productivity in the warehouse.

Whether you choose cyclic counting or counting based on selected items, whether you collect data manually or with automated bar coding, 4Site delivers accurate inventory values and up to date inventory control accounts.

Consignment purchasing has the potential to strengthen collaboration with suppliers, liberate your capital resources for more profitable applications and ensure ready access to spare parts. With carrying costs of regular inventory running at 20 – 25% of inventory value, every item you purchase means fewer productive resources. With consignment inventory you don’t pay until it’s issued. These items reside in your warehouses and are instantly available to your technicians – no lead time, no lost production and no ownership.

4Site streamlines the entire consignment process from automatic reordering to receiving, warehousing, issuing and invoicing.

4Site increases project efficiency by making sure that MRO (Maintenance, Repair, Overhaul) inventory is available when and where required, without maintaining excess stock. 4Site Inventory Management gives you all the data you need to weigh lead time, purchase price, and criticality of owner equipment when determining stock and order levels. As materials are needed, you reserve materials by simply copying required stores items directly from work orders to reservation requests. No one is left waiting at the parts counter and no equipment stands idle for want of parts.

Duplication is a wasteful and all too common feature of many stores operations, and while multiple warehouses can be convenient for quick access, they can also increase duplication. 4Site Inventory Management provides multiple warehousing while guarding against duplication, waste and oversupply by using consolidated warehouse stock records for enquiry, issues and transfers. The supersedure feature combines items under a single stock stock record without losing item history.

To reduce unproductive travel and increase valuable wrench time, 4Site Inventory Management provides drop points for precise on-site delivery of both stocked and unstocked items. You can use drop points on purchase requisitions and orders, stores issues, and delivery tickets.

The 4Site Spares and Turnarounds application provides the tools to set up repairable spare records for received items and manage the issue of these items from stock. From purchasing, inventory stores and asset maintenance, efficient repairable spare processing depends heavily on 4Site’s advanced level of integration. 4Site tracks repairable spares as they are removed from equipment and returned to stock, scrapped or sent for repair. To ensure comprehensive handling, 4Site automatically sends mail messages notifying persons of pending actions. For each tagged repairable spare, 4Site maintains individual performance history, a valuable tool when repair/replace decisions are required.