Overview
A Wasp inventory solution for your warehouse or distribution center can help manage your inventory efficiently by reducing unnecessary spending, increasing productivity, and minimizing downtime.
Trigger reorder alerts for low stock items and your company can create purchase orders for these items that can be sent from the software directly to your vendors. Then use Wasp’s scan-centric receiving feature to accurately and quickly scan items when they arrive from that purchase order.
Customer Success
The Client: Precision Drilling
The Challenge: A Precision Drilling service center relied on a spreadsheet to manage more than $2 million of repair and service parts inventory. This time-consuming, highly manual process resulted in unnecessary shipping, inventory and labor expenses.
The Solution: By implementing a Wasp inventory solution, Precision Drilling was able to instantly access accurate data on inventory status and location, eliminating unnecessary reordering of parts and overnight shipping fees. Furthermore, Precision was able to create reports to track suppliers’ delivery times, as well as usage of parts and equipment, for predictable spending and ordering.
The Result: Since implementation, Precision Drilling gained 100% insight into logistics data, like shipping time and lead time per customer, and reduced unnecessary shipping charges and equipment purchases almost to zero.
