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Stock management is the practice of ordering, storing, tracking, and controlling inventory. Stock management applies to every item a business uses to produce its products or services – from raw materials to finished goods. In other words, stock management covers every aspect of a business’s inventory.
PPE Stock Management includes Products Description, Product Category, In Stock Count, Price, Stock Status etc.,
Real-time Stock Management is crucial since it keeps you updated about your stock levels in real-time, and helps you restock immediately if your materials are running low.
PPE inventory management software from PPE Count helps you efficiently keep track of your entire Oil & Gas inventory. It further helps you scan and identify the correct materials levels for storage, maintain a database of all your Safety materials, verify PPE inventory storage burn rate, and communicate effectively for ordering to maintain build-to levels, among other things.
Burn Rate – PPECount will calculate the number of full boxes of each type of PPE in stock (Safety Glasses, High Impact gloves, H2S Monitors, Hi-Vis Vests, for example) and the total number of Field Workers at your company, if applicable. The PPECount App will calculate the average consumption rate, also referred to as a “burn rate,” for each type of PPE entered. This information can then be used to estimate how long the remaining supply of PPE will last, based on the average consumption rate. Using the calculator can help your facility make order projections for future needs.
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