Top Strategies for Truck Stock Inventory Management

Having everything you need for the job is crucial but it’s also important to ensure it’s properly organized. If you don’t know what you have or where to find it, you could be spending more money and time just to find the supplies and tools you need. With our top strategies for truck stock inventory management, you can rest assured that your truck will be organized, you can save money and you can get the job done quickly.

Truck Stock Management Solutions

There’s a variety of options when it comes to management of your stock. Take a look at the options below to see which will best suit your business:

• Software Management – Using a software such as SAWIN can help with inventory management, provide service for dispatch, job processing and accounting. 
• Vendor-Managed Inventory – If you decide to use a vendor to manage your fleet’s truck stock, it’ll take some extra work on your part to notify them when you’re running low and what’s been used during the week. How this works is, they will keep each truck stocked the same way and once the trucks are low, they will come in and refill them back to the original standard.
• Computerized Inventory Location – This option also uses software to keep track of inventory. However, this process treats the trucks as an inventory location. Each truck is well stocked and once a part is used, it’s removed from the computerized inventory, which lets the company know that the truck needs more of those parts.

Truck Stock Inventory Problems to Avoid

There can be a few problems caused by mismanagement of your tools and supplies. Here are a few common issues as well as how to avoid them:

• Improper inventory management – Without proper truck stock inventory management, it’s easy to misplace things and it’s impossible to control overall inventory. Look into stock management systems to find what works best for you.
• Unnecessary spending – Losing track of inventory means buying more parts and tools that have been misplaced or missed when checking stock. Keep better track of what you have and what you need to avoid spending money on unnecessary supplies.
• Confusion between departments – If things aren’t clearly communicated between teams, it can be tough to find the proper equipment when it’s needed. Create clear communication among your team and label things properly to make sure everyone is on the same page.
• Loss of profit due to downtime – When you take a while to search the truck stock for the parts and supplies you need, it takes time away from the job getting done. If you properly manage your inventory, it’ll be easy to find what you need and move along smoothly.

Top 5 Considerations for Stocking a Truck

When stocking your trucks, make sure to keep the following in mind to ensure you get exactly what you need when you need it without overspending:

• Frequency of use
• Cost of parts
• Likelihood of damage
• Temperature exposure
• Length of time to acquire a part