INVENTORY MANAGEMENT SYSTEMS |
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IQR
Inventory
Reduction Software
The
Inventory Quality Ratio (IQR) is a proven inventory management
technique for reducing inventory dollars and for improving inventory
performance and working capital.
IQR
is the only inventory system developed specifically for analyzing inventories
and identifying actionable inventory reduction opportunities.
Simply
put, IQR is an inventory management system that helps
avoid the formation of excess and obsolete inventory. That means less
money in inventory, lower carrying costs, and increased capital to operate
your business.
Click
here to see what you can do with
IQR Inventory Reduction Software
We
want to give you a free report defining your
inventory reduction opportunity
Click
here to learn more
IQR
is used by companies you know
The following are just a few of the companies that use IQR for Inventory
Control Software:
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Black
& Decker |
Beckman
Coulter |
Boston
Scientific |
Carrier
Corporation |
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Cummins |
Dow
Chemical |
Hyundai |
Johnson
& Johnson |
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Kohler
Company |
Pfizer |
Motorola |
Rubbermaid |
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Sikorsky
Aircraft |
Tyco
Electronics |
and
many smaller companies |
IQR
is a powerful, money saving tool.
In business cash flow is crucial to survival. Having ample cash on hand
will ensure that creditors, employees and others can be paid on time.
If a business does not have enough cash to support its operations, it
is a likely candidate for bankruptcy. IQR improves cash flow.
It will:
-
Quickly identify good, bad and excess inventories
- Drill
down on problem areas and prioritize corrective action
- Avoid
shortages of purchased parts and finished goods
- Measure
performance by inventory segment (product line, program, plant, etc.)
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Rebalance inventory across locations
- Set
realistic reduction objectives and track improvement over time
- Monitor
inventory movement as requirements change
- Revise
safety stocks, lot sizes and order quantities
- Manage
financial reserves and avoid future write-offs.
IQR
is the ratio is the percentage of your inventory that is active and
is used by over 3,000 planners, buyers, operations managers, and controllers
in a broad range of manufacturing and distribution environments.
The
IQR inventory system provides a complete framework
to use and improve this performance metric. IQR provides unique analytical
tools to effectively reduce your inventory levels and improve the quality
of that inventory.
IQR
is easy to use
IQR is and effective Inventory Management tool. It
enables an organization to meet or exceed customers' expectations of
product availability while maximizing net profits and cash flow.
Installation
& training in just 3 days
Training for IQR software is only twelve hours. IQR inventory reduction
user training comes with every installation.
Works
with your existing ERP system
IQR dose not replace your current ERP, MRP or inventory management
software. IQR works with your existing suite of tools to provide actionable
information required to make rapid improvements in your inventory position.
There are no extra key strokes, no additional data entry work.
ROI
in 3 months or less
IQR provides the actionable information that you need to make rapid
improvements in the performance of your inventory. Many IQR customers
report a return on their initial investment in as little as three months.
IQR
is a inventory performance metric, an inventory reduction tool, and
a cash flow management tool
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Get
complete visibility of your situation
IQR provides a series of Quick Look Reports. Quick Look provides
you several ways to view summarized inventory data by segment
quickly, and the ability to look at the detailed records comprising
the summary totals. Click
to see examples
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Set
inventory reduction targets
IQR lets you set realistic inventory reduction targets to help
you develop meaningful objectives, for both inventory levels
and increased profits. You create specific “What if….”
scenarios to analyze your opportunities to free up working capital.
Click
to see analysis tools.
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Assign actions to drive inventory reduction today
Action Items are used to identify what course you plan to take
to address existing or potential problem areas. Each Action
Item report presents your inventory picture in a unique way
and includes the necessary information for you to take action
in keeping your inventory exposure to a minimum.
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Track
your inventory reduction performance
IQR has built in performance tracking tools designed to point
out the differences between prior IQR measurements and the present.
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Create
custom inventory performance reports quickly & easily
IQR includes a custom reports generator. a very powerful and
flexible tool to analyze your inventory data. It allows you
to create custom reports to focus on special information or
relationships.
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Click
here to see what you can do with
IQR Inventory Reduction Software
IQR
offers a
FREE analysis of
your inventory
We want to give you a free report defining your
inventory reduction opportunity
You
really have to see IQR with your part numbers to appreciate how it can
help you.
You
and your colleagues can see the detailed results and the benefits of
IQR software.
We
will provide you with a comprehensive analysis of your inventories and
point out immediate opportunities for significant savings, that will
pay for IQR in less than three months.
Click
here to learn more: FREE Inventory Analysis.
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