The first step to taking a lean approach to inventory management is recognizing all the left-overs, odd and one-off inventory lots and uncounted inventory. Translate this into revenue reclamation, revenue generation and waste reduction.

The value stream identifies all activities that contribute to the project inventory resource chain. When we map the project inventory resource chain, we’re looking at each step of bidding/acquisition to stocking, to inventory staging, to shipping, and post project close. We work with you to understand the project inventory cycle and identify areas where there is no connection to excess inventory reclamation. From there, we help you eliminate unnecessary steps in your project inventory resource chain to maximize efficiency and reduce waste.

Once we identify and map disparate inventory lots , we create an efficient workflow and framework to promote revenue reclamation. E-Railspot will help you create and implement strategies, leverage cross-functional teams, and use both real-time and historical data to identify areas of improvement.

Disparate inventory often results in wasted space, wasted resources, and wasted money. To avoid orphaned inventory and help you maximize a return on investment, E-Railspot focuses on 5S LEAN inventory management practices. 

Once we have implemented project inventory resource strategies to eliminate disparate inventory, reduce optimize inventory levels, and improve your total cost of ownership (TCO), we drive continual process improvement and help you maintain a lean inventory system. Working with a partner like E-Railspot provides peace of mind by continually monitoring progress and productivity to ensure your business continues progressing. 

Our results speak for themselves. E-Railspot helps partners improve their TCO by 10-30%, specifically in areas including:

• Purchase volume
• Freight consumption
• Inventory footprint
• Vendor consolidation
• Working capital improvement
• Labor