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Digital Inventory Management: Best Practices for Implementation and Future Trends in Tool Tracking

  • March 7, 2023
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Digital Inventory Management: Best Practices for Implementation and Future Trends in Tool Tracking
Digital Inventory Management: Best Practices for Implementation and Future Trends in Tool Tracking
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Digital inventory management systems are essential tools that help companies manage their inventory in a more efficient and cost-effective manner. Timly is one such cloud-based inventory platform that allows businesses to track physical inventory and automate management. The software records all activities related to a company’s inventory and stores them centrally in the cloud, ensuring quality management and compliance.

This article covers two angles – the best practices for implementing a digital inventory management system and the future of inventory management and tool tracking. For companies that are considering implementing a digital inventory management system, there are a number of best practices that can help ensure a successful transition. Selecting the right software, training employees, and optimizing workflows are some of the critical factors that businesses must consider.

The future of inventory management and tool tracking is rapidly evolving, and businesses must stay up-to-date with the latest trends and innovations. Emerging technologies like RFID tracking, machine learning, and automation are shaping the future of inventory management and tool tracking.

Digital tool tracking software in combination with a digital personnel file is an innovative solution that helps companies connect their inventory with the skills of their employees. Operating and maintaining equipment and machines requires certain skills and certifications, and the software helps companies keep track of employee certifications and skills. Each tool is assigned to the employee who is authorized to operate it, and documents such as inspection certificates are stored in the digital inventory management system for easy mobile access from a smartphone or tablet.

Digital tool tracking is independent of industry and size, and it helps companies keep track of a multitude of tools, machines, and vehicles. The software makes it easy to register devices via QR code and store necessary information. A maintenance planner reminds businesses of upcoming inspection dates, ensuring that no maintenance date is forgotten, and every tool is guaranteed to be in working order when needed.

Certifications and qualifications can expire, and this is where the electronic personnel file comes into play. The digital personnel file is an integrated solution that helps businesses manage the skills and certifications of their employees. In the desktop application, the person responsible for administration can easily find out who is currently authorized to operate a particular device or system using the search function. All employees are reminded in good time to carry out the necessary certification, which is fully automated.

When choosing a suitable software for tool tracking with a digital personnel file, businesses should ensure that it is secured in a GDPR compliant manner. Before introducing a digital personnel file, it is also essential to make sure that a connection to existing systems, such as HR software, is possible. The Timly tool tracking software meets the highest data protection requirements and allows different databases to complement each other.

Diringer & Scheidel, a large German construction company, uses the software from Timly to manage its employee certifications and skills. The software enables the company to keep track of all devices, maintenance dates, and the skills of its employees. The ARGE at the large railway station in Bern, Switzerland, also relies on Timly’s Tool Tracking Software.

Businesses that want to stay ahead of the curve need to adopt innovative inventory management and tool tracking technologies like Timly. Digital inventory management systems provide a centralized, cloud-based solution that helps businesses manage their inventory more efficiently and cost-effectively. Emerging technologies like RFID tracking, machine learning, and automation are the future of inventory management and tool tracking. It is crucial to select the right software, train employees, and optimize workflows to ensure a successful transition. Digital tool tracking software in combination with a digital personnel file is an innovative solution that helps businesses connect their inventory with the skills of their employees, making it a must-have tool for companies of all sizes and industries.

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  • Digital Inventory Management: Best Practices for Implementation and Future Trends in Tool Tracking
  • https://timly.com/en/tool-tracking
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