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Software To Help You Achieve Your Inventory Reduction Goals

No matter what approach is used for inventory reduction or review one of the hurdles that companies face is actually following up on the implementation actions that they identify.  

Capture Opportunities and Establish a Transparent Audit Trail

The ICR^® Implementation Software provides a transparent audit trail to greatly increase your efficiency in implementation and help ensure that you capture all of the benefits. 

Better Results, Sooner, and Longer Lasting

Tracking your inventory optimization actions gives you the power to see who has done their assigned tasks and what is not yet completed.  This is valuable information for ensuring the success of your inventory review program.  Our software will even send email reminders to those required to take action.

In addition, by creating an audit trail of the decisions you enable a simple way to review the outcomes and what led to them, providing a clear audit trail of decision making - a key issue in this world of ever increasing governance.  This software enables you to achieve more, sooner, and to maintain results for longer.

The benefits to you are:

1. Increased inventory reduction: By going beyond reviewing just the data analytics of usage history you can identify opportunities for inventory reduction that you cannot with other programs.

2. Increased longevity of solution: The approach helps you put in place the behavioural, policy, and procedural changes to make sure that changes stick for the long term.

3. Reduced risk: Redefining your actual supply and demand dynamics greatly reduces the risk of a stock out due to the changes made.

Key Features

• Import data from your existing inventory management or ERP software.

• Assign responsibility for initial reviews.

• Record the details of that review and identify the potential for inventory reduction.

• Assign responsibilities for approval of the plan, implementation of the plan and for checking that the full plan is implemented as intended.

• Record the detailed actions required for full implementation.

• Individuals access the database to update their progress.

• Gives your inventory champion full visibility of the progress of implementation.

• Send email reminders if the action has not been updated by the nominated date!

• Record and track both SKU specific and general operational actions.

• Print reports.

The ICR^® Implementation Software provides you with a complete audit trail of the decision making so that when inventory holdings are revisited (as they invariably will be) the logic of earlier decisions will be available. This will save you time both now and later.

FREE Demo Copy

Click here for access to a FREE fully functional demo copy! (link takes you to a partner website)

Initiate Action Pty Ltd

USA and Canada Free Call 800-581-7678

49 Vida Street, Aberfeldie Vic 3040 Australia

phone: +61 3 9331 3181 fax: +61 3 9331 3180