1

M A X I M I Z E

3 i n v e n t o r y s t r a t e g i e s t o

y o u r C M M S p r o f i t a b i l i t y

2

Your Host +

Presenters

A d a m O B r i e n

S u c c e s s M a r k e t i n g

M a n a g e r

M a t t S a y l e r

M a n a g e r o f C u s t o m e r

S u c c e s s

3

P l a n n i n g w i t h

A u t o m a t i o nB a r c o d i n g R e p o r t i n g

The s t ra teg ies to

s ta r t you o f f in your

CMMS inven to ry

e f fo r t s

The ab i l i t y to qu ick ly

add , check s tock , o r

o rder par ts w i th a scan o f

a barcode is j us t too

good to pass up…

You can ’ t measure and

repor t what you don ’ t t rack .

What to Expect• The webinar is approx imate ly 20 minutes long wi th 5 minutes for Q&A at the end.

• The content being covered today is considered most appl icable for those who are look ing to s tar t ,

or have recent ly s tar ted, the i r journey ut i l iz ing inventory wi th in the i r CMMS plat form.

N e x t S t e p s

A look a t how to

imp lement the

inven to ry s t ra teg ies

covered today

4

Poll Question

Does your organization

currently leverage inventory

strategies? (process

automation, integrations,

barcoding etc.)

5

P l a n n i n g w i t h A u t o m a t i o nAutomation and Inventory: A Ultimate CMMS ROI Power Move

6

Plan for AutomationThe road to a h igh per forming inventory management in i t ia t ive s tar ts wi th

automat ion.

Inventory

Automation

(system functions,

integrations, API

etc.)

$$$$

SAVED

7

“67% of facilities that have most spare

parts managed in their CMMS report

strong improvements to parts availability

and time to fix”

Ta k e n f r o m t h e R e p o r t :

” T h e S t a t e o f C M M S - 2 0 1 7 . ”

8

ETI: 1 Day

IMPLEMENT

MIN/MAX LEVELS

FOR

INVENTORY

S t e p 1

ETI: 1 Day

SETUP

AUTOMATED

ORDERING

S t e p 2

AUTOMATIONThe road to CMMS inventory automat ion doesn' t ’ t have to be dramat ic… i t

can star t wi th the low hanging f ru i t .

( the fo l lowing is assuming that inventory is a l ready loaded)

DEPLOY

AUTOMATIC

NOTFICATIONS

+ REPORTS

S t e p 3

ETI: >1 Day

9

REAL WORLD RESULTSThe real wor ld resul ts of having an automated inventory chain can not only lead to increased eff ic iency for

both labor and inventory accuracy but can a lso pay huge d iv idends f inancia l ly.

Automate basic re-ordering

functions for inventory

S T E P O N E S T E P T W O

For added value,

integrate with a 3rd

party ERP program for

total visibility

S T E P T H R E E

Schedule your team

reports and

notifications to email on

a predetermined

interval

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B a r c o d i n g

Scan. Automate. Repeat.

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“Barcoding technology… provides a

quick way for facility managers to link

work orders, perform inventory

counts, and receive purchase orders.

Not only does this eliminate error, but

it also saves time and money.”

Ta k e n f r o m t h e b l o g p o s t :

“ 3 CMMS Features Facility Managers Should Rely on for Inventory Management”

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THE POWER OF A BARCODE SCANLocat ing and us ing the correct inventory i tem the f i rs t t ime can be pr ice less!

• E l i m i n a t e s H u m a n E r r o r ( D a t a D r i f t )

• R e d u c e s E m p l o y e e Tr a i n i n g T i m e

• I n c r e a s e s I n v e n t o r y C o n t r o l

• P r o v i d e s a d d i t i o n a l d a t a p o i n t s a t a

f a s t e r r a t e

• H e l p s t o l o w e r o v e r a l l o p e r a t i n g r e a l t e d

i n v e n t o r y c o s t s

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Tech goes to job

site; Needs more

information on Asset

(barcode scan via

mobile device)

REAL WORLD APPLICATION

Work Order

is Requested

Work Order

is completed.

Time to

Close: .5

day

Work is completed.

Part is scanned and

added to record of

work and

automatically

deducted from

inventory.

Let ’s take a look at the typ ica l work f low for a technic ian who is ab le to leverage barcode

scanning.

Tech finds that

a part has to be

ordered to fulfill

the work. Has

generic parts

on hand with

barcode labels.

Integration with ERP

runs, syncs inventory

usage across the

organization

instantaneously

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R e p o r t i n gLeveraging CMMS reporting to increase visibility and maximize profitability

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“If you want results, and you want

results, your CMMS reporting has

to be as flexible as your business

needs. That, like the integrity of

your inventory, is non-negotiable.”

-Matt SaylerManager of Customer Success

Maintenance Connect ion

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(Report ing) Knowledge Is PowerTracking & repor t ing on your companies par ts is a major key to CMMS inventory success.

• P r o v i d e s o n - d e m a n d a c c e s s t o k e y

i n v e n t o r y m e a s u r a b l e s

• S p e n d m o r e t i m e m a n a g i n g y o u r p r o c e s s

a n d l e s s t i m e d a t a d i g g i n g

• A l l o w s f o r c o m p l e t e v i s i o n i n t o i n v e n t o r y

m e t r i c s f o r t h e e n t i r e o r g a n i z a t i o n

• I n t e g r a t i o n s a l l o w f o r a n a d d i t i o n a l l a y e r

o f r e p o r t i n g a c c u r a c y

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What You Need to Measure

I n v e n t o r y S t o c k O u t % Av e r a g e I n v e n t o r y S t o c k

I n v e s t m e n t

A n n u a l I n v e n t o r y

C o n s u m p t i o n

0

5

10

15

20

25

30

35

1/5/02 1/6/02 1/7/02 1/8/02 1/9/02

Chart Title

Series 1 Series 2

0 1 2 3 4 5 6

Category 1

Category 2

Category 3

Category 4

Chart Title

Series 3 Series 2 Series 1

Sales

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr

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N E X T S T E P S

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“85% of organizations that have all

inventory managed in their CMMS

have realized a “strong” or “maximum”

benefit of improved parts availability

and time to fix.”

Ta k e n f r o m t h e R e p o r t :

” T h e S t a t e o f C M M S - 2 0 1 7 . ”

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RECAP: CMMS INVENTORY PYRAMID

S TA G E 2

I n s t i t u t e B a r c o d i n g

S TA G E 1

A u t o m a t e I n v e n t o r y

P r o c e s s e s

S TA G E 3

T r a c k y o u r R e s u l t s

S TA G E 4

I n t e g r a t e 3 r d P a r t y

A p p l i c a t i o n s o r A P I

S TA G E 4

S TA G E 3

S TA G E 2

S TA G E 1

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FEATURE

NAME

FEATURE

THREE

• Integrations with most popular 3 rd party applications + API support

YOUR CMMS INVENTORY ANSWER

• Customized Reporting Packages

• Training Focused on Inventory + Barcoding

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A d a m O B r i e n

S u c c e s s M a r k e t i n g

M a n a g e r

Connect With

Me• Emai l :

a o b r i e n @ m a i n t e n a n c e c o n n e c t i o n . c o m

• Web: w w w. m a i n t e n a n c e c o n n e c t i o n . c o m

• Resource Center :h t t p : / / w w w. m a i n t e n a n c e c o n n e c t i o n . c o m / w e

b s i t e / r e s o u r c e - c e n t e r /