supplypointoverview nov2016
TRANSCRIPT
Global Manufacturer of Intelligent Inventory Management Solutions
Agenda
• Introductions • Company Background • Vending - Markets - Benefits • Why Distribute/Use SupplyPoint • Products & Software Overview • Summary
Vision StatementTo be the trusted global leader for intelligent
vending solutions with robust, best in class hardware and software products
Mission StatementTo be the supplier of choice setting the standard for
inventory management solutions, through controlled, manageable and sustainable growth with innovative development of products while exceeding
customer expectations on service and support
• Production in USA and Europe
• In House Software and Hardware Development
• Distributed in Over 30 Countries
• Global and Local Technical Support
• 30 Years of Inventory Management Software Development Experience
• 28,000+ Units Installed
• CE and UL Certification
• Backed by TouchPoint Inc
What is Vending?Providing controlled point of use availability of items across multiple company operations
Maintenance
Warehouse
ProductionAdmin/Office
Quality Control
Finishing
Employee Entrance
5S (Sort, Set In Order, Shine, Standardize, Sustain)
After VendingBefore Vending
SupplyPoint Vending Process
Restock
Consume
Reorder
Repeat
Report
Key Markets & Applications
Office Supplies
Industrial/Manufacturing
Maintenance
Aerospace
Lab/Medical
Food & Packaging
Automotive
• Reduce consumption by 25-40%• Lower inventory costs and increase capital• Optimize inventory based on usage• Provides an audit trail of items issued
Purchasing - Production - Maintenance - Health & Safety - Central Stores
• Provide 24/7 availability of products• Control product access & usage• Reduce walk and wait time• Minimize out of stock and downtime
Benefits
Costs of Inventory
• Cost of Capital• Storage Cost• Obsolete Inventory• Item handling
Costs of Procurement
• Product Selection• Quotations & PO’s• Receiving & Accounts Payable• Internal Handling & Paperwork• Human Errors• System Cost
The costs of procurement & inventory management around MRO purchasing are often greater than the actual product cost
Procurement Cost 30%
Inventory Cost 30%
Product Cost 0.4
Total Cost Reduction
Low Value
Mid Value
High Value
% of Spend
50%
20%
30%
Purchasing can spend up to 50% of their time managing low value inventory
High Value
Mid Value
Low Value
Volume of Transactions
5%
15%
80%
Average PO Cost: 66Average Invoice: 393
Typically, 80% of an organization’s orders are low value and this represents 20% of their expenditures
Some of our Customers
Why Distribute A SupplyPoint Vending Solution?
• Experienced Distribution Partner• Comprehensive range of Inventory Management & Point of Use Solutions• Distributor Business System Integration• Automatic Integrated Procurement Capabilities• Custom Branding• Cloud Based System Management• Hard and Soft Cost Savings
• Reduced Stocking Time – Sell more• Inventory Reduction and obsolescence
• Increase Sales – Conversion, Penetration and Retention• Win New Customers• Retain Existing Accounts• Lock In Customer Business – Lock Out Competition• Open Door to Customer Site
• Complete Range of Inventory Management & Point of Use Solutions• Fast easy and simple system operation
• Right Items - Right Place - Right Time - Right Quantity• Supports Lean – 5S
• 24/7 Availability and total control over essential inventory• Guaranteed stock levels• Consumable and reusable items
• Hard and Soft Cost Savings• Reduced Walk Wait• Inventory reduction & obsolescence• Reduction in Cash Flow• Increased workplace safety and satisfaction
• Complete Audit trail & User Accountability• Easy to use built in reporting function
• Business System Integration• Automatic Procurement Capabilities
The last time you will ever not know what
you use!
Why A SupplyPoint Vending Solution?
Partnering With SupplyPoint• Configure the best solution for your needs
• Specify equipment based on application• Software/Hardware customization
• Product Training• Hardware• Software• Commercial• Maintenance and Support
• Marketing Support• Datasheets• Exhibition Support• Joint Customer Visits• Demonstration Equipment• Use of SupplyPoint Product/Training Rooms worldwide
• Configuration, Delivery & Installation• Configure and Build Databases – Design Custom Reports• Assist with ERP system integration
Drawer (Progressively Opening) – Carousel – Locker – Cabinet – Mobile Cart – Coil – Handheld
SupplyPoint Vending System Hardware
Common Features• Easy to configure and implement• Progressive drawer opening solution provides extremely high level of control and security• Over 300 different compartment combinations• Robust and highly configurable software platform• All products are fully compatible and interchangeable• Local or web hosted software/database solution• Simple manual override
Comprehensive Software
Point of Use
• Who is using it?• What is it being used for?• How can I find a product?• How many can I have?
Reporting and Ordering
• Reports can be used real-time to analyze Stock, Usage, Suppliers, Refill requirements
• Highly configurable reports allow selection of fields to display, sort order, filter criteria
• Any report can be customized and saved for easy reuse
• All reports can be exported, sent by email or FTP
• Easy analysis of current trends, costs, and statistics Electronic & Manual Ordering
The SupplyPoint can issue purchase orders as often as required
Websync - Cloud Based Management
• Your inventory data anywhere, anytime.• Two way synchronization• Multi-tiered access
• Distributors can manage all of their WebSync enabled customers
• Customers can manage all of their WebSync enabled vending units
• Full data management utilizing SupplyPoint Portal
• Supplemental backups
• Software for un-manned satellite stations that do not require hardware
• For use by crib attendants & others• Lower cost• Integrates with the full range of
products• Scalable to any piece of
SupplyPoint hardware
Stand-alone Software
Summary
Why SupplyPoint
• Proven partner• Global footprint• In house software &
hardware development• 28,000+ installations• 30 years experience• Robust configurable
solution• Web hosting platform
Benefits of Vending
• Comprehensive point of use solution
• Proven hard & soft cost savings
• Items in the right place, time & quantity
• Complete audit trail• 24/7 availability• Online visibility
Distributor Benefits
• Increased revenue• Proven partner• Customer retention• Control & Open door• Lock out competitors• Automated purchase
orders• Support & Training• Simple administration• Partner Vs Supplier
relationship
Global Manufacturer of Intelligent Inventory Management Solutions