Inventory and Warehouse Management Systems

Inventory & Warehouse Management for Improved Visibility and Control

TME® Inventory Management is an easy-to-use, flexible, web-based inventory control system to help eliminate inventory surplus, insufficient stock, unmanaged and unorganized storerooms that can be roadblocks to achieving optimal operational efficiency.

 

Having a digital inventory tracking system has become essential due to various regulations and compliance requirements in today’s industry. For example, the IRS, Generally Accepted Accounting Principles (GAAP), or most tax consultants asks that organizations perform a physical inventory count at least once a year to accurately document Shrinkage and Spoilage. Speed and ease of use is crucial to ensure organizations keep up with this. Cycle Counts of inventory that used to take days can now be completed in minutes with TME®. TME® Inventory Management is the end-to-end 100% cloud-based solution for inventory & warehouse management.

 

Benefits

  • Improve stockroom accuracy and achieve just-in-time inventory
  • Increase inventory turnover rates
  • Reduce overall operational costs
  • Accurate, efficient cycle counts and physical inventories
  • Documenting shrinkage often allows for large tax deductions.
  • Inventory reconciliation
  • Optimize warehouse space

Features

Parts Inventory Tracking

Gain real-time visibility on the location, quantity, lifecycle, shelf life and status of all your inventory and production assets, including the ability to:

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  • Track inventory across multiple locations, bins and containers
  • Record transactions taken against inventory items, such as Consume, Scrap, Transfer, Put, Take and Return
  • Track inventory items by group or lot number
  • Associate inventory items with a specific user
Track Inventory Supply Levels, Replacement, and Spare Parts

Know when your inventory is reaching critical levels and ensure you have the right stock on hand. Our system provides:

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  • Notifications via email or text when inventory approaches critical levels.
  • Up-to-the minute information, accessible on demand.
  • Avoid costly production delays, resulting from insufficient stock, or reduction of cash flow because of stock surplus.
Requisition, Purchase Orders, Receiving

We’ve created a seamless data for production reporting, including:

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  • Requisition
  • Purchase order
  • Receiving
  • Production
  • Output

We’ve also made it possible to:

  • Digitally request items, create purchase orders (POs), and receive against a PO from a single, centralized platform
  • Scan and receive PO with no data entry.
  • Track all items as they are received from suppliers
  • Download standard and customizable requisition and PO forms
Bill of Materials (BOM)

Group inventory items with a specific quantity into lists.

Attach lists to an asset, kit, work order or scheduled work request.

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  • Set up your BOM with inventory items typically consumed for specific preventative maintenance or with an inventory kit that is used to produce a product.
  • Make a simple list of the spare parts and quantities of parts used for specific assets or equipment
Traceability & Genealogy

Refining the recall process using genealogies and reverse genealogies can minimize your recall costs by enabling you to:

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  • Quickly isolate defective parts.
  • Quickly execute product genealogies in case of recall.
Email Alerts

Know what’s happening right now with instant alerts:

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  • TME sends timely email or text alerts when inventory levels approach critical levels.
  • Ensures optimal inventory quantities all of the time.

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