Does facilities management have you frustrated? If so, you’re probably not alone. Properly managing facilities is one of the complex tasks that face big business.
From keeping facilities running efficiently to keeping them safe, there’s a lot to focus on. Inventory management, in particular, can really take up a chunk of your time.
That is unless you use software that’s designed to help lighten your load. IBM TRIRIGA software is one of those programs.
What’s so great about this software? Here are five ways it can improve your inventory management.
1. Track Inventory Efficiently
Tracking inventory is highly important to the success of your business. You need to know what items you have available at all times. Otherwise, you risk holding inventory and never selling it or running short of customer demand.
TRIRIGA software helps you manage inventory tracking. It offers several ways to track your items, including the FIFO and LIFO methods. This ensures you always know what you do and don’t have so you can better meet your business and customer needs.
2. Provide Location Information
Knowing what you have in your inventory is one thing, but what if you don’t know where those items are? TRIRIGA takes care of that too. It’ll help you know exactly where all your items are.
Locations can be noted in multiple ways. You’ll have accessible knowledge of each items primary location, and inventory groups and areas can be included too. Make your location information as specific as possible to make your job, and the jobs of your workers, easier.
3. Management at Item Level
The best inventory management includes item-level information. You shouldn’t only know what types of products are stored where. You should have information for each individual item.
With TRIRIGA you can have information regarding how many of each item you have, automatic reordering at specific levels, the value of each one, and every transaction that occurs.
4. Create Cost Groups
Depending on what’s in your inventory, it may make sense to arrange them into cost groups. This means you’re grouping items together based on how much they cost.
This means that if you want to change the cost of an item in the group, you can quickly change the cost for everything in the group. This saves you time since you don’t have change everything in the cost group individually.
5. Understand and Coordinate Roles
You’ll have many people in many different positions who’ll help manage your inventory. TRIRIGA software helps you keep track of and manage all those people.
Each member of your team can use the software to do their jobs efficiently. That way, all your employees are using the same source of information. There are even mobile devices to handle all the tasks while not at your desk top.
TRIRIGA Software Is the Way to Go
Inventory management may feel daunting, but it doesn’t have to be hard. TRIRIGA software can make your job a whole lot easier, thanks to its many powerful tools.
Want to see just how effective it can be? Try it out today!
We’ll help you use TRIRIGA in the best way possible for your business. Contact us today to get started!