Cut operating costs and control assets with
Asset Management Solutions through Applied
Industrial Technologies. Bar coding and automated dispensing system
technologies bring control to your distributed
inventory so you know where your assets and
consumables are at all times. Managing inventory
with these types of systems reduces replacement MRO
supply costs and time spent searching for supplies
by securing distributed inventory and offering
accountability of assets. Applied Industrial
Technologies provides the asset management solutions
and the MRO supplies you use most to stock them.
+ Multiple
Solutions for consumable and asset management
- Cabinets
- Lockers
- Vending Machines
- Point of use Dispensing Systems
- Bar Code Scanners
+ Automated Dispensing Systems Deliver Cost Savings
& Results
- 20-40% reductions in spend when adding control to
distributed inventory
- Reduction in on-hand inventory levels by 20-30%, increasing
turns and effectiveness of
working capital
- Elimination of unaccounted tool loss
- Reduction in procurement costs through automated ordering
and inventory alerts to avoid stock-outs and
associated expedite charges
- Improved workforce productivity by eliminating time away
from work area
+ Automated Dispensing Systems Manage a Range of
Commodities
- Cutting Tools - inserts, drills, taps,
reamers, etc.
- Electrical - connectors, sensors, batteries, transformers,
etc.
- Personal Protection Equipment - gloves, glasses, aprons,
helmets, face shields, respirators, etc.
- Power and Hand Tools - drills, sawzalls, socket sets,
sanders, pliers, wrenches, calibrated instruments,
etc.
- Other - welding, abrasives, laptops, janitorial supplies,
office supplies, adhesives, fasteners and much more
Committed to adding value through our
Storeroom Management and Asset Management Solutions,
Applied Industrial Technologies can help you
integrate an automated dispensing solution into your
operation. For more information, contact us.
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As part of our storeroom management program, Applied employs
inventory optimization processes designed to
help reduce your operating costs and maintain sensible,
efficient inventory levels.
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- Regular review of customer Min/Max stock
levels to ensure optimal inventory levels on
customer shelves
- Based on ongoing review of sales history,
Applied makes recommendations to adjust Min/Max
levels to optimize inventory performance
- Following a Min/Max review, Applied personnel
work with our customers to identify surplus
inventory that may be eroding our customers
profitability
- Designed to optimize inventory investment in
spare parts
- Ensure proper on hand stock levels and re-order
points & quantities
- Reduce functional equivalents
- Dispose of excess or surplus inventory at
customer site once inventory stocking requirements
can be adequately determined (per inventory
rationalization)
- Applied has developed a condition based
(A/B/C/D) buy-back inventory reduction program that
governs the price paid for any items being removed
from inventory
- Reduce the number of manufacturers providing
products within a given product group
- Standardization on common brands is a necessary
step in working to deliver enhanced cost savings,
improved inventory support, extended price
protection, improved technical support and
additional manufacturer commitment
- The Applied standardization program ensure that
technical and commercial criteria are fully reviewed
with our customer’s key personnel to fully present
brand/manufacturer options and related savings for
each
- Critical spares management through Applied
provides a listing of our customers critical spares
and highlights the availability, location and
lead-time for procuring those items
- Products deemed as “critical” to the operation
of our customers business can be stored the customer
site, at the appropriate Applied servicing location,
or at other locations as required
- Parts identified as critical spares may become
candidates for our committed inventory program
- Completing this step will help establish stock
locations for these items, whether it’s in-plant or
through Applied
- Critical spares that are to be stocked by
Applied are assigned to our committed inventory
program
- Held by Applied for the exclusive sale to a
particular customer
- This program carries the benefit of guaranteed
availability – 24 hours a day, 7 days a week, 365
days a year
- Designed to reduce inventory requirements of key
parts and components on our customer’s sites,
effectively reducing inventory carrying costs
- All committed inventory is approved by both
parties, fully documented and reviewed on a regular
basis
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