Why do you need tool kits?

Coherency throughout your work force.
No matter you have five field service employees or thousands, tool kits can provide the needed consistency throughout the work force as far as tooling is concerned. You will know that every service person has the tools they need to do the job.

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Increase your productivity.
Having the right tool for the job and having them readily available goes along way to insure productivity. Improve turn around time. Reduce down time due to searching or sourcing the right tools. How many times do you think your employee had to leave a task to get the tool they needed? How much time could they have saved if they had what they needed with them? How much better could you have served your customer had the task been completed in one shot?

Saving the high cost.
Usually, you will save 10% or more when bundling your tooling in a kit rather than purchasing them separately.

Internal savings.
The average cost to a company for the purchase and sourcing of a multiple line item request is about $260.00. From the requester to the approving authority to the purchasing department on an average two to three people are in the purchasing string. All of them are paid employees. These tasks that take them away from their regular job function costs you money. By building multiple line item requests into a single kit part number you can reduce the time it takes to enter a request or process the purchase, thus saving time and money internally. It will ease the tooling up of new hires and the replacement of old parts and kits.

Ease of ordering regular multiple line item requests.
A tool kit does not necessarily need to be just for tools built into a traditional kit. A kit could be a bill of materials that are ordered on a regular basis. Rather than completing a long list every time you need these items for purchase, they can be built into a single part number. Making the purchase much easier for company personnel. Kits also allow for easy ordering for replacement of lost, stolen, or worn tools. Should an item from the kit need to be replaced, simply refer to the bill of materials shipped with every kit and select the part number needed from the list.

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Reduce safety liability.
When a tool kit is provided to an employee, you know that they have the tools they need to safely do their job. Often, personnel will use a tool that is not necessarily made for the task they are performing, due to the fact that they did not have it with them. Sometimes this can result in an injury. Also when a kit is issued to an employee you can easily confirm with them that they have the tools they need to perform their job. And should they be injured due to using the wrong tool, the company may not be held liable due to the employee's lack of following procedure by not using the tools assigned to them for that function. For instance, if there are safety glasses provided in their kit and the employee receives an eye injury, the employer has done everything in their power to prevent this from happening.

Inventory accountability.
Each tool kit will come packed with a bill of materials listing clearly the contents of the kit. When tool kits are issued to the employee they can be held responsible for the contents of the kit. The parts can easily be tracked should they be lost or stolen. The bill of materials will also allow for a quick inventory of the contents of the kits should that be needed.

Wholesale management software enables a challenging, diverse task to be accomplished with success. But that success only happens with the right software and the support to back it up so your team can continue to achieve that success. In order to operate at top efficiency, there are at least 5 inventory management software for wholesale factors to make sure you are including:

1. Open-to-Sell (OTS) is critical to wholesale because uncommitted inventory could be your next order &#; IF your sales force or agents knew it was there. Look for software that provides real-time status on all inventory down to the sku level and makes it available to the right people.
2. Order Management should include control over order status, payment terms, ship-to locations (all of them), special conditions, etc. It should also allow automatic linking to manufacturing purchase orders and the ability to segregate, analyze, and report.
3. Productivity Reporting on all sales representatives or agents should link to accounting, have user-definable rules, and enable evaluation of performance and compensation so that effort is rewarded, year after year.
4. Credit Alerts should also link directly to accounting, alerting potential problems with delinquent accounts or poor credit and allowing measures to take place so the accounts receivable maintain good standing. Look for the ability to set limits and include pertinent notes.
5. Discount Rules need to be within your control. Volume rebates, client specific discounts, selling cost influences, and more, need to be flexible in order to manage client accounts, net gross margins, and your true bottom line.

Each one of these factors is part of the ChainDrive Wholesale Management component. This inventory management software for wholesale has been expertly designed to be uniquely suitable for the challenges of wholesale management as well as retail. Success is accomplished with the right software, and ChainDrive wholesale management software equips you to do it.

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