This document provides information about a cost effective inventory management system called TIS (Tools Inventory System) for small and medium enterprises. It lists the contact details of Kanagaraj Duraisamy and then summarizes the key features and benefits of TIS, which include monitoring inventory levels, purchase orders, consumption analysis, calibration alerts, and stock reports. Screenshots of the TIS system are also included to showcase its different modules.
2. Standard tools like Tally and Focus are already availableStandard tools like Tally and Focus are already availableAccountsAccounts
Need a cost effective and simple but smart inventory
system?
Need a reliable and friendly product to monitor your
everyday business more efficiently?
Don’t have infrastructure to implement?
Need ideal tool for small and medium enterprises?
Need a cost effective and simple but smart inventory
system?
Need a reliable and friendly product to monitor your
everyday business more efficiently?
Don’t have infrastructure to implement?
Need ideal tool for small and medium enterprises?
Production
Accounting
Planning
Production
Accounting
Planning
Purchase &
Store
Purchase &
Store
Manufacturing company's challengesManufacturing company's challenges
3. Many companies found the changeover to ERP is a slow and painful process because...
The cost is likely to be underestimated
The time and effort to implement is likely to be underestimated
The resourcing from both the Business and IT is likely to be higher than
anticipated
The level of outside expertise required will be higher than anticipated
The changes required to Business Processes will be higher than
expected
Scope control will be more difficult than expected
There will never be enough training - particularly across different
modules
So can we use ERP software like SAP?So can we use ERP software like SAP?
4. TIS reduces the inventory cost for tools, consumables and raw materials by closely
monitoring Stock Card, Movement, Location, Consumption - Machine Wise,
Operator Wise, Job Wise, Date to Date and Purchase Detail.
Every Data Captured by TIS is valid and useful information for the
Management, Engineers and Operational staff to analyze stock of
instruments and tools at any point of time.
This will help the engineering units to identify pilferage and thereby
facilitate cost reduction.
TIS is a very useful system to implement "Six Sigma".
Tools Inventory System (TIS)Tools Inventory System (TIS)
Improves Organization Efficiency and Profitability
5. Purchase Order (PO) creation & tracking of ordered items
and receivables
SMS & e-mail notifications to purchase department during delay in
goods delivery
Comparison of material price offered by different suppliers
Avoiding duplicate & excess purchase thereby reducing inventory
costs
Timely Alerts for ROL helps to manage essential spares which
avoids unnecessary machine down time
TIS - Boosting Operational EfficiencyTIS - Boosting Operational Efficiency
6. Thorough Consumption analysis helps costing for jobs
Avoids manual error & provides accurate stock level anytime
Calibration alerts avoid last minute work during audits
Tracking & monitoring of all customer supplied items as well as items that go
out of premises
Timely SMS alerts on tool failures help analyze reasons
Avoids malpractice by bringing management’s attention and best practices
TIS - Boosting Operational EfficiencyTIS - Boosting Operational Efficiency
