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What do you want from inventory software?
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<blockquote data-quote="Phil Graham" data-source="post: 32801" data-attributes="member: 430"><p>Re: Some inventory ideas I have been contemplating</p><p></p><p></p><p></p><p>Silas,</p><p></p><p>Thanks for the reply, I am more thinking about things like your sales and incoming flows and the ability to swap between them. These sorts of things I feel are more transformative than barcode/qr/rfid, which seem like evolutionary improvements to my mind.</p><p></p><p>Here are some ideas I have been kicking around: <ul> <li data-xf-list-type="ul">Inventory "cascading style sheets" - i.e. there's "on truck" inventory, and under that is "bidded for gig," "available for upsell," "backup," "in transit for other event," etc. This abstracts the carrying inventory from the as-rented inventory.</li> <li data-xf-list-type="ul">Gear "health panel" - i.e. dialog with date purchased, days in inventory, total rentals, number of rental turns, time between turns, reliability, repair dates/times/cost/part, and maybe even advanced features like purchase cost and current MACRS depreciated value.</li> <li data-xf-list-type="ul">Discount monitor - Set internal desired rental recovery rates of return for each item (e.g. 1% of purchase per rental + replacement) and track how the effective rented rate matches the desired rental rate.</li> <li data-xf-list-type="ul">Flexible quoting - quote bulk price, line item, line item with global discount, itemized with bulk price, or mix and match.</li> <li data-xf-list-type="ul">See effective rental rates based on some discounting scheme relative to the quotes. IOW, say the rental is internally $3k by line item at your desired rate of return, and you win the bid gig for a bulk price of $2500. That effective discount could be evenly applied to every item on the bid, or you could chose to take the $500 hit on specific pieces of gear.</li> <li data-xf-list-type="ul">Inventory resale tracking - use eBay to keep track of price depreciation for pieces of gear in inventory and alert when something dramatic happens (like the shift to digital consoles or the 700mHz transition). Helps decide when to prematurely punt inventory.</li> <li data-xf-list-type="ul">Opt in to anonymized reliability databank - All production companies have option to submit an anonymized version of their rental inventory to a database that tracks the frequency and nature of repair which they can then use as a guide for future equipment purchases.</li> <li data-xf-list-type="ul">Location aware transport setup/teardown tracking - use mobile geolocation technology to track true setup/teardown/driving times between events, and retain a database. Combine this with crew count and makeup to optimize labor pool.</li> <li data-xf-list-type="ul">Safety/injury tracking - keep track of safety success and failures, as well as injuries, safety gear, etc. during events.</li> <li data-xf-list-type="ul">Photographic gear record - keep photographic record of inventory pre and post event both for wear and insurance.</li> </ul><p>I have more ideas, but these are few thoughts I have been kicking around. I'd like to hear other people's insights and pain points.</p></blockquote><p></p>
[QUOTE="Phil Graham, post: 32801, member: 430"] Re: Some inventory ideas I have been contemplating Silas, Thanks for the reply, I am more thinking about things like your sales and incoming flows and the ability to swap between them. These sorts of things I feel are more transformative than barcode/qr/rfid, which seem like evolutionary improvements to my mind. Here are some ideas I have been kicking around:[LIST=1|INDENT=1] [*]Inventory "cascading style sheets" - i.e. there's "on truck" inventory, and under that is "bidded for gig," "available for upsell," "backup," "in transit for other event," etc. This abstracts the carrying inventory from the as-rented inventory. [*]Gear "health panel" - i.e. dialog with date purchased, days in inventory, total rentals, number of rental turns, time between turns, reliability, repair dates/times/cost/part, and maybe even advanced features like purchase cost and current MACRS depreciated value. [*]Discount monitor - Set internal desired rental recovery rates of return for each item (e.g. 1% of purchase per rental + replacement) and track how the effective rented rate matches the desired rental rate. [*]Flexible quoting - quote bulk price, line item, line item with global discount, itemized with bulk price, or mix and match. [*]See effective rental rates based on some discounting scheme relative to the quotes. IOW, say the rental is internally $3k by line item at your desired rate of return, and you win the bid gig for a bulk price of $2500. That effective discount could be evenly applied to every item on the bid, or you could chose to take the $500 hit on specific pieces of gear. [*]Inventory resale tracking - use eBay to keep track of price depreciation for pieces of gear in inventory and alert when something dramatic happens (like the shift to digital consoles or the 700mHz transition). Helps decide when to prematurely punt inventory. [*]Opt in to anonymized reliability databank - All production companies have option to submit an anonymized version of their rental inventory to a database that tracks the frequency and nature of repair which they can then use as a guide for future equipment purchases. [*]Location aware transport setup/teardown tracking - use mobile geolocation technology to track true setup/teardown/driving times between events, and retain a database. Combine this with crew count and makeup to optimize labor pool. [*]Safety/injury tracking - keep track of safety success and failures, as well as injuries, safety gear, etc. during events. [*]Photographic gear record - keep photographic record of inventory pre and post event both for wear and insurance. [/LIST]I have more ideas, but these are few thoughts I have been kicking around. I'd like to hear other people's insights and pain points. [/QUOTE]
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