Stock management & inventory
Coriel stock management and inventory solutions allow our customers to gain a level of visibility of their items that had not previously been available.
Stock Management & Inventory
Having a true and accurate view on where your stock is and in what volume is critical to any business. When managed efficiently, automated inventory systems can prevent costly Out of Stock (OoS) instances while at the same time reducing the overall quantity and value of stock on the shelf.
Coriel stock management and inventory solutions form a critical piece of our solution offering, allowing our customers to gain a level of visibility of their items that had not previously been available. This is hugely important for any business, but even more so with industries where stock is located at a range of sites – for example maintenance depots or partner sites.
Why would you want to manage your stock or inventory?
Aside from the obvious benefit of being able to reduce time taken and improve the accuracy of manual stock counts, being able to accurately understand what stock you have available and where it is will enable you to reduce your overall stock holding and reduce your out-of-stock instances.
Managing the parts for complex assemblies or BOMs
When a complex assembly, such as a train axle, needs to be replaced, it is critical that every single component is available to minimise delays and downtime. Coriel stock management solutions can ensure that the components of full assemblies are monitored individually – ensuring all parts are available when needed.
Real-time updates to your inventory
Rather than relying on the error-prone human process of scanning items in and out of stock, Coriel stock management solutions can automatically sense the movement of goods and adjust inventory automatically. This information can be provided to central WMS/ERP systems quickly, ensuring that stock locations and volumes are always up-to-date and alerting when an unusual stock movement is detected.
Automatic initiation of production systems
For many of our customers, the items they manage using our stock management solution are of high value and have long production times associated with them. Automatically alerting production systems and teams of pending low volumes of stock therefore ensures that critical levels are never reached and the whole supply chain can operate much more efficiently.
Where is this solution being used?
Why our customers choose us?
We specialise in helping our customers manage large and complex items in environments that are typically not RFID-friendly – for example with large volumes of metal, an abundance of liquid or with assets that travel over long distances at high speed. We focus on the ability to deliver extremely accurate inventory data that forms a critical part of the overall business operations.
Take a look at some of our client stories where we have eased some of the operational challenges they were facing. If you have a project that you would like to discuss, please do not hesitate to contact us.
Operating over 2.5 million returnable kegs for the brewing industry is a huge challenge, which is made significantly easier through the use of Coriel identification and tracking solutions.
VTG manage over 95,000 railcars within their wagon hire fleet using solutions from Coriel that help ensure each car is inspected & maintained to the highest standard for their customers.
Contraload are one of the industry leaders in the provision and management of returnable packaging. We work closely with the team to implement their digital tracking solutions.
Explore other relevant service areas below
Automatic Vehicle Identification
Production line / WIP visibility
Item level identification
Safety & Compliance
Warranty & Aftercare
Maintenance, Repair & Overhaul