Case Studies PSP Limited Brings Buildings to Life with Optimized Mobile Inventory

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	PSP Limited Brings Buildings to Life with Optimized Mobile Inventory

PSP Limited Brings Buildings to Life with Optimized Mobile Inventory

Technology Category	Functional Applications - Inventory Management Systems Functional Applications - Warehouse Management Systems (WMS)
Applicable Industries	Buildings Construction & Infrastructure
Applicable Functions	Logistics & Transportation Warehouse & Inventory Management
Use Cases	Inventory Management Supply Chain Visibility Warehouse Automation
Services	System Integration Training
Challenge	PSP Limited, an importer and supplier of architectural and building products in New Zealand, faced significant challenges in managing their inventory across six warehouses and a product range exceeding 3,000 items. The company needed to improve inventory visibility and accuracy to prevent mispicks and incorrect orders, which were common due to the manual processes in place. Additionally, the reliance on paper-based systems led to inefficiencies and errors, further complicating their operations. The need for a more streamlined and automated inventory management system was evident to enhance operational efficiency and accuracy. Read More
About Customer	PSP Limited is a New Zealand-based importer and supplier of a wide range of innovative architectural and building products. The company has been in operation for over 30 years, providing high-quality construction materials such as sheeting, cladding, signage, translucent roofing, and vinyl film to architects, builders, and designers. With a reputation for quality and consistency, PSP Limited operates six warehouses and manages a product range of over 3,000 items. The company is committed to supplying the highest quality materials and ensuring efficient operations to meet the needs of their clients. Read More
Solution	To address their inventory management challenges, PSP Limited implemented NetSuite and RF-SMART in 2018. This solution was widely accepted by warehouse staff, admin, accounts, sales, and management without any issues. The integration of RF-SMART provided significant improvements in inventory visibility, allowing the company to track stock accurately and prevent mispicks. The system enabled batch recording of items and custom drop-shipping for specific projects, ensuring that stock was not stored with similar items to avoid errors. The implementation of cycle counts with RF-SMART replaced the bi-annual stock counts, improving confidence in inventory levels and enabling quicker error identification and rectification. Additionally, the mobile inventory management system eliminated double-handling of transactions, reducing manual errors and increasing efficiency. The organization of the warehouse space by bin locations optimized picking processes, further enhancing inventory accuracy. Read More Log in to view content
Contents

Technology Category

Functional Applications - Inventory Management Systems

Functional Applications - Warehouse Management Systems (WMS)

Applicable Industries

Buildings

Construction & Infrastructure

Applicable Functions

Logistics & Transportation

Warehouse & Inventory Management

Use Cases

Inventory Management

Supply Chain Visibility

Warehouse Automation

Services

System Integration

Training

Challenge

PSP Limited, an importer and supplier of architectural and building products in New Zealand, faced significant challenges in managing their inventory across six warehouses and a product range exceeding 3,000 items. The company needed to improve inventory visibility and accuracy to prevent mispicks and incorrect orders, which were common due to the manual processes in place. Additionally, the reliance on paper-based systems led to inefficiencies and errors, further complicating their operations. The need for a more streamlined and automated inventory management system was evident to enhance operational efficiency and accuracy.

About Customer

PSP Limited is a New Zealand-based importer and supplier of a wide range of innovative architectural and building products. The company has been in operation for over 30 years, providing high-quality construction materials such as sheeting, cladding, signage, translucent roofing, and vinyl film to architects, builders, and designers. With a reputation for quality and consistency, PSP Limited operates six warehouses and manages a product range of over 3,000 items. The company is committed to supplying the highest quality materials and ensuring efficient operations to meet the needs of their clients.

Solution

To address their inventory management challenges, PSP Limited implemented NetSuite and RF-SMART in 2018. This solution was widely accepted by warehouse staff, admin, accounts, sales, and management without any issues. The integration of RF-SMART provided significant improvements in inventory visibility, allowing the company to track stock accurately and prevent mispicks. The system enabled batch recording of items and custom drop-shipping for specific projects, ensuring that stock was not stored with similar items to avoid errors. The implementation of cycle counts with RF-SMART replaced the bi-annual stock counts, improving confidence in inventory levels and enabling quicker error identification and rectification. Additionally, the mobile inventory management system eliminated double-handling of transactions, reducing manual errors and increasing efficiency. The organization of the warehouse space by bin locations optimized picking processes, further enhancing inventory accuracy.

Impact #1	The implementation of RF-SMART has significantly improved inventory visibility and accuracy, reducing the occurrence of mispicks and incorrect orders.
Impact #2	The transition from paper-based processes to automated systems has decreased errors and increased efficiency in warehouse operations.
Impact #3	The use of mobile inventory management has streamlined operational flows, eliminating double-handling of transactions and ensuring consistency in processes.

Impact #1

The implementation of RF-SMART has significantly improved inventory visibility and accuracy, reducing the occurrence of mispicks and incorrect orders.

Impact #2

The transition from paper-based processes to automated systems has decreased errors and increased efficiency in warehouse operations.

Impact #3

The use of mobile inventory management has streamlined operational flows, eliminating double-handling of transactions and ensuring consistency in processes.

Benefit #1	PSP Limited has reduced warehouse printing by more than half since implementing RF-SMART.
Benefit #2	The company has transitioned from counting stock twice a year to implementing regular cycle counts, improving inventory accuracy.

Benefit #1

PSP Limited has reduced warehouse printing by more than half since implementing RF-SMART.

Benefit #2

The company has transitioned from counting stock twice a year to implementing regular cycle counts, improving inventory accuracy.

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Overview

PSP Limited Brings Buildings to Life with Optimized Mobile Inventory

Operational Impact

Quantitative Benefit