How Asset Management Software Can Benefit a Business Venture

Any technological progress is not unnecessarily disastrous – asset management software is one such invention that makes the resource management in a company more streamlined.

Streamlined Asset Management plays a vital role in the success of any organization – be it a small scale industry to large corporate houses. Hence, many companies have now taken up to Asset Management softwareto deal with the tedious task of monitoring and organizing the assets.

Getting software and that too for managing the resources or inventories does not make any sense for most of us. Owing to the present business settings, having robust Database management software becomes imperative to gain a niche in the competitive environment.

Technological progress has certainly affects every walk of our lives (positively) – And one of the examples of this positive impact, which I could think is Asset Management Software. It has led to an enhanced system for organizing and simplified the data of inventories and logistics, which in turn increases the efficiency and productivity.

Control and Checking the Inventory

Perhaps the biggest challenge for any company – It is at times time consuming as well as trying job to keep a check on the Inventories and other physical assets. Using, an automated system makes it easy to overlook as well as manage physical attributes of any inventory. Moreover, installing any such software also makes it easy to maintain the records of the resources for a longer duration of time – making it easy to control the wastage of any resource.

Thus, comprehensive database management software helps business ventures, irrespective of their size and structure to cut down the unnecessary finances. In addition to this, it centralizes the records which ultimately make it accessible to the authoritative person.

Asset Management Software – A trusted medium (or rather say manager)

Reliability and Trust are the basic pillars for smooth functioning and administration of any company – At times, it becomes difficult to find consistency and dependence. However, with supremely developed software, provides an absolutely trusted and secure platform. Without any worries and fears of your data getting leaked or any breach in the database.

A complete track of the resources

Managing the resources manually has a risk factor involved – there is always this fear or tension at the back of the mind of missing out some important details. This would give an overview of the total assets in the company (helpful for multi-premises organization) as well as the concerned person gets a clear perspective. This will help the manager or any authoritative person to keep a check on the availability on the resources with the company.

A thorough analysis

With asset management software, scrutiny of data becomes effortless, thus helping an organization formulate new strategy plans for cash flow and also leads to optimum utilization of resources which in turn raise the productivity graph of the company.

Moreover, having a strong technological base simplifies tracking of all hardware and software on the entire network of systems in the company. It also helps in documentation of unlicensed software installations or other intangible attributes necessary for effective management of the company.

Top 3 Uses of Tablet PC Mobility in Transportation and Logistics

Within the transportation and logistics industry, we have seen an explosion of technology being used to make companies more efficient and improve customer satisfaction. Not every company can tackle all aspects of their operations at once, but choosing the right technology will ensure a proper Return on Investment for years to come. Rugged Tablet PC equipment can be, and should be deployed inside your operations environment.

Today, compared to 5 years ago, there are many choices of hardware. What remains constant is the software you utilize and how that integrates into your ERP Systems. Rugged Tablet PCs specialize in “solution sets” that fit your needs, while focusing in on Windows 7 & 8 compatibility. No longer do you need middleware to run your business, and the tide is turning for companies to control their development and take advantage of cloud computing.

The cost of tablet computing has come down recently, while offering greater features to your deployment. The top 3 uses of mobility technology are identified below, and “rugged tablets” are becoming the defacto choice, where in the past you may have considered a ¼ screen hand held deployment vendor or traditional vehicle mounted solution.

Mobile Dispatch & Delivery: Rugged tablet PCs use real-time data to track and manage pickups and delivery. With so much memory and screen real-estate, you can integrate GPS solutions, scan packages, take pictures, turn by turn directions, and most importantly Pre and Post DOT inspections and EOBR requirements. Key advantages to tablets in the field are: accurate documentation, real time updates to dispatch headquarters and can integrate into your existing on board computer (OBC) vendor for a total solution.

Cross-Docking: Rugged Tablet PCs can be mounted on forklifts and hand carried. These tablets have I/O ports that allow you to interface into serial ports and USB connectors. Many companies integrate into weigh scales and attach Bluetooth or Serial scanners for accurate placement of pallets and products. The tablets can be removed off the forklift, and are battery powered for portable transactions. In the past, ¼ screens have been the preferred method, and a lot of middleware with specialized SDK’s. All of that is in the past, as you can utilize cloud computing in your warehouse, and no middleware using Windows applications and in house security features.

Yard Management: Rugged tablet PCs can be used for gate-in and gate-out applications. Asset tracking & utilization is the key for any transportation company. The use of integrated imaging technology and RFID can quickly identify those assets coming into the yard, placement of assets on the yard and assets leaving the yard. These tablets usually have outdoor readable screens and survive outdoor extremes and multiple 5 foot drops to hard surfaces.

ERP Software

Enterprise Resource Planning (ERP) is the system that handles the internal processes of your business – the resources planning, management control and operational control. It came after manufacturing resource planning (MRP II), a method for the effective planning of all resources of a manufacturing company, which then originated from material requirements planning (MRP), the system used to manage the manufacturing processes.

ERP deals with the manufacturing, logistics, inventory, invoicing and accounting for your company. It is a back office system wherein your customers, suppliers and the general public are not directly involved. ERPs are cross-functional and enterprise-wide, and all your departments are integrated in one system.

ERP makes use of software to facilitate business activities. Using cost-effective reusable software common to a wide range of industries is more efficient than using expensive custom ERP software. New ERP software can be catered to the needs of hospitals, manufacturing industries, government departments and other business sectors.

ERP software is the heart of an ERP system. It contains different modules, and each has its own function in the business process. ERP modules are: production planning -the utilization of manufacturing capacity, components and resources; purchasing – acquisition of raw materials and potential supplier and price negotiation; inventory control -maintenance of average stocking level of warehouse; sales – implementation of booking order, shipping and invoicing; marketing – direct campaigns and support; financial – gathering of data and generating of financial reports and human resources – maintenance of complete employee archive.

ERP software is useful because it enables you to manage all the operations of your departments from production to distribution and accounting in one integrated system. It helps reduce operating costs, facilitate day-to-day management and support strategic planning. Skill, experience and adequate education of employees on how to make use of the ERP software correctly will make way to the success of the system. This, in turn, will promote proper operation of your business processes and increase your profitability.

The Case For Logistics Auditing

An adage in The Art of War (that “amateurs study tactics, the professionals study logistics”) applies to business and coordination of any large organization. End to end logistics management is one of the keys to running an efficient operation, and it’s something that can always be improved on.

There are two ways to improve your logistics management: An audit of what you actually possess, and streamlining the flow of material from one location to another.

Logistics auditing has another name – inventory control. A dedicated inventory control system should be user transparent, and should automate the entry of data for items that are checked in and checked out as much as possible; the one thing you can be certain of is that when your business is humming along, the last thing that people want to do is stop their work flow to fill out paperwork to show what tools they have, what carton of what materials they have and so on.

There are great strides being made in logistics auditing, ranging from the hand scanners used in super markets to web based clients that can be assigned to track down the IP addresses and software licenses on all computers or electronic hardware that’s present on a sub-network. Good logistics auditing software is often tailored to a company’s specific business process, through custom modules. For many smaller companies, some off the shelf solutions are sufficient.

The key to making logistics auditing software work for you is making it as easy to use and as transparent to use as is possible; this has always been the goal in this software sector. The benefits of good logistics management software comes down to knowing where everything is, where it’s being used, and whether or not you’re running short on a vital component, with sufficient time to buy more of it.

Other uses of logistics and auditing software include analytical reports on sales trends, including timing of inventory levels to seasonal effects and corroboration of the success (or lack of success) in a marketing campaign. Logistics auditing is one of the key markers for success in a small business as it transitions from small, one-or-two person operation to a larger company with employees and a dedicated process with which to run.

What logistics auditing won’t do is ‘trigger startup growth’ in your company. That sort of growth curve stems from innovations in the product space you’re in. Logistics auditing is about improving efficiency in the processes you already use, or identifying a process that needs refinement or change.