NEW AutoCrib Demand Based Inventory Management - Software cuts Inventory by 20% with ZERO Stock-Outs
NEW AutoCrib Demand Based Inventory Management - Software cuts Inventory by 20% with ZERO Stock-Outs
Santa Ana, CA – New Demand Based Inventory Management Software cuts inventory by 20%. AutoCrib [www.autocrib.com] has released its new inventory management software application, AutoCrib 5.3. Designed with extensive user input by the leader in industrial vending innovation, AutoCrib 5.3 can manage traditional cribs and stores as well as AutoCrib’s extensive line of point-ofuse dispensing systems.
AutoCrib’s new “Demand Based ordering” revolutionizes the way perishable tooling, safety supplies, MRO supplies and other ""indirect materials"" are ordered in today’s lean manufacturing plants. CEO of AutoCrib,Stephen Pixley explains, “I have watched distributors and customers alike struggle with slow and dead inventory for years, and decided to start researching advanced inventory algorithms. My analysis showed that they were backwards for industrial vending, so I reworked them to produce radical increases in manufacturing productivity while dramatically cutting costs at the same time. Based on my knowledge of the industry as well as my experience as both a distributor and shop owner/operator, I worked with the AutoCrib development team to integrate these advanced algorithms into AutoCrib software that will revolutionize the supply chain.”
After years of research and development, the minds at AutoCrib have delivered an automatic system that eliminates the need to ever set up and review a min/max or reorder point systems. After a short period of usage, history is automatically developed and the system takes over, constantly monitoring all of the items in the system, looking for trends, spikes and normal usage which is then balanced against known lead times from the suppliers.
Case studies show that those who move to Demand Based Ordering over standard min / max based purchasing can run their tool cribs and point of use dispensing equipment with 20% less inventory and zero stock outs. George Ponce, President of Machine Tools Supply [a large industrial distribution firm] states, “By implementing AutoCrib's Demand Based Ordering system, I anticipate that we can cut a million dollars out of our inventory program over the next 12 months.”
The software cuts costs further by dramatically reducing the slow and dead inventory that is such a
problem for each vendor in the supply chain. “The time savings of never having to review min / max
is a major step forward in productivity for both distributors and end users,” states Steve Pixley, CEO and Founder of AutoCrib, “Furthermore, because the system is constantly reviewing demand, the system virtually eliminates the possibility of creating any slow or dead inventory. This system stops slow and dead inventory BEFORE it can be ordered.” Pixley is predicting a payback on this new system in weeks, rather than years. For the end-user, Demand Based Ordering cuts inventory and related costs, eliminates stock outs and related complications such as shut downs, emergency orders,overnight shipping and rush charges, while it prevents dead inventory from ever being ordered.
AutoCrib is accepting orders now for 5.3. Contact sales@autocrib.com for more information.
CONTACT
Bruce Weaver, VP Sales of AutoCrib, Inc
bweaver@autocrib.com
1-714-274-0400 x203
3011 S Croddy Way, Santa Ana, CA 92704
