ABAX unveils ‘first of its kind’ inventory management solution

TELEMATICS specialist ABAX has announced the launch of ABAX Smart Inventory, described as a ‘unique’ van store inventory solution.

ABAX Smart Inventory provides real-time oversight of customers’ tool inventories across multiple vehicles. The aim is to ensure that vans are always fully equipped and ready for the next job without the need to physically check them.

If a van doesn’t contain a required tool, drivers and fleet managers will be alerted. ABAX said such a solution helps to tackle the estimated 38 hours spent by individual workers each year seeking lost or forgotten tools.

Whilst the solution is targeted at the construction industry, it is being trialled by ambulance services, helping to ensure all vehicles are equipped with life-saving equipment.

Craig Allan, UK commercial director at ABAX, explained, “We have developed ABAX Smart Inventory to meet clear customer needs that many have said they’ve been trying to resolve for years. We know our customers regularly waste significant time, money and resources because their vans aren’t properly stocked, or because they have left tools behind.

“Tracking systems are helpful in identifying where the items are, but ABAX Smart Inventory goes much further – it provides peace of mind for fleet managers and business owners, as they know drivers always have the tools they need to get on with the job in hand. Already our clients using the solution have found it drives efficiencies and saves them time, money and resource.”

To use the solution, customers create an inventory using their ABAX system, and can assign individual tools or items to a single vehicle. If, for instance, a van leaves a site for 10 minutes without one of the allocated items, the driver and fleet manager receive an alert, enabling them to quickly retrieve the forgotten piece of equipment.

Morten Strand, CEO at ABAX, added, “At ABAX, we are always striving to make our customers’ everyday lives easier by helping them to manage their mobile business – it’s what we call Smart Mobility. ABAX Smart Inventory will help customers from multiple industries to deliver huge efficiencies. It’s the first solution of its kind in the market, and through ABAX Smart Inventory we are confident that we will unlock additional opportunities with new and existing clients.”