Alongside swift and accurate order processing, proactive stock management assists in maintaining fulfilment rates whilst minimising your stock holding.

 

Live stock profiling allows you to see shortfalls in your stock balance at a glance, delivering the insight to manage your future purchase orders and create cover where necessary. It also allows you to manage your customer expectations when a shortfall is inevitable. Lakeview LM’s batch control enables you to enter bin locations, batch and serial numbers, as well as storing a FIFO reference and user definable dates to manage stock rotation effectively. Our batch traceability feature allows full drill down through all works orders and stock movements so that even the tiniest component can be traced back from or to a finished product sales invoice. This is essential when mitigating product recall costs.

 

All of your fleet vehicles can be entered into the system with their max load weight and volume, average speed, fuel consumption details and other pertinent information. Loading can then be assigned per vehicle and all drop off postcodes are calculated and a route planned for efficiency. Loading sheets and drop off sheets can then be produced to ensure vans are loaded in reverse order for ease of delivery.

 

Also available are detailed reports on estimated journey times and costs against actual time and cost - to better understand the effectiveness of the delivery fleet.

 

All documents that are needed can be produced from the logistics interface, producing manifests, individual delivery notes, consignments, loading sheets and invoices as required.

 

Effective management of  stock is an area where profitability and efficiency gains can be easily achieved. Using demand forecasting techniques, we can predict future usage of spares based on direct sales as well as usage. Integrating these two areas together allows you to maximise your buying power as well as reducing stock holdings to a minimum and maximising stock turns.

 

As an example for Equipment Servicing companies, by managing engineers/service stock as a subsection of the main stock, we can easily ensure cover is met on all service calls, and engineer replenishment is proactively managed based on minimum emergency stock levels as well as existing preventative maintenance requirements. For follow-up parts calls where a specialist item is required, purchase orders can be created directly from a service call, either for direct delivery to meet the engineer on site or simply to reserve the stock for the customer intended.

 

Key reports that can assist in the management or your service stock include: