Your Role

From parts and equipment management to finding quality suppliers, you are always looking for ways to reduce stock outs, improve product reliability, and lower your operating costs. You are responsible for negotiating contracts, parts & equipment sourcing, and optimizing on-hand-quantities to balance cashflow and meet material requirements for new installations and repair projects.

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Reduce Indirect Costs

Hidden and unmanaged (indirect) costs for an organization include inventory carrying costs, costs impacted by vendor performance, expediting and procurement costs. Improve transactional throughput and materials oversight by accelerating purchase cycle times, reduce expediting costs, and minimizing vendor returns. These fundamental changes can have an immediate and lasting impact by reducing these indirect costs to help improve profit.

Inventory Usage & Replenishment

Finding that right balance of inventory to meet customer demand yet minimize cash consumption is constantly on the mind of the inventory/parts manager and executive management. Through advanced inventory management techniques and automated workflows, Acumatica provides a platform to find that right balance. These same techniques and workflows also promote automated replenishment and reduce stockouts.

Right Product, Right Project, Right Time

In today’s world of challenging supply chain issues, making sure you have the right equipment or repair part, when its needed, is critical. Utilizing refined lead times, safety stock values, historical usage data, and project allocations, Acumatica ensures your technicians will have the product when and where they need it.

 

Vendor Management & Compliance

One of the most time-consuming tasks of the inventory/parts manager is selecting vendors and maintaining their records of performance and compliance. Acumatica can track performance, contracts, certifications, and compliance requirements by vendor and notify when these requirements will expire or are out of compliance. This proactive approach to vendor management saves significant time and reduces risks to the company.

 

Your Key Performance Indicators

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Profitability ($) and Growth (%)

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Revenue ($) and Growth (%)

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Revenue from New Markets and Products (Innovation)

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Operating Costs

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Quality of Shipped Products

Other Roles

Looking to see how Acumatica can work for other roles in your business?

Account Role

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Account Role

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Account Role

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Account Role

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Account Role

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Account Role

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