AutoPowerBI - Inventory Analysis solution is designed to provide aftermarket distributors dramatically greater inventory insight and control. AutoPower has announced the release of its new and innovative Inventory Analysis solution as the latest addition to AutoPowerBI, the company’s new cloud-based business intelligence and advanced reporting platform.
Orlando FL, September 10, 2019 - The introduction of Inventory Analysis follows the March release of Sales Analysis--becoming the second of at least six AutoPowerBI solutions. All are designed to operate with daily interface to a customer’s database residing in the AutoPower System, the company’s flagship distributor management system (DMS) that is purpose-built for the heavy-duty truck parts aftermarket.
“Inventory is the single largest asset for HD aftermarket distributors, and tracking, analyzing and managing that asset is a challenge that has huge bottom-line implications.” Explained company president, Mike Mallory. “Industry experts agree that, among other problems, the lack of up-to-the minute, actionable inventory information can lead distributors to understock, which leads to missed sales and lost customers. Or, it can result in overstocking, which ties up capital unnecessarily and increases warehousing costs.” AutoPowerBI Inventory Analysis demystifies this by providing a clearer and more timely command over key inventory data, which empowers faster, smarter business decisions that lowers costs and yields greater profitability.
Tampa-based Fleet Products, an early user of the Inventory Analysis solution, appreciates the increased visibility and automation it offers. “It can alert us to problems that would otherwise go undetected until they become much bigger problems.” Said operations leader Robert Langley. “Mistakes like over orders, or pricing a thousand feet of hose by the roll instead of by the foot.” He also noted that the system is useful in managing special orders and frozen (Min Max) order points.
According to Ross Baldwin, AutoPower’s Director of E-Business Solutions and architect of AutoPowerBI, any single- or multi-branch organization using the AutoPower system can begin using the Inventory Analysis capabilities within hours, with no training required. “We prove that a business intelligence and advanced reporting doesn’t have to be complex or costly,” he said. “In fact, this tool is a game changer for owners and managers. They will feel relief from the mountains of paper and spreadsheets used to make inventory decisions. They will be able to stop waiting on staff to unlock important trends and gain effective inventory control that brings with it a new competitive edge.
Once it’s “activated,” any AutoPower customer can instantly gain valuable insights into important aspects of inventory management and control. Some of the Key reports include:
Currently, AutoPowerBI is pioneering business intelligence and advanced reporting solutions for the HD aftermarket distributor as an integrated function. According to Baldwin, additional solutions for AutoPowerBI are scheduled for release over the course of 2019 and 2020. These will include; Accounts Receivable Analysis, Accounts Payable Analysis, Financial Analysis and Shop & Rebuild Service Analysis.
Demos of both the Inventory Analysis Solution and the Sales Analysis Solution can be viewed at www.autopowerbi.com.
About AutoPower Corporation
For more than four decades, AutoPower has been the leader in providing “Profit by Intention” integrated business systems for the Aftermarket Distribution and Service Industry. The Company’s solutions provide new levels of supply-chain efficiency necessary for the profitable heavy-duty and automotive parts distributor. AutoPower’s applications provide single and multi-branch functions along with powerful technologies to optimize business effectiveness and profitability. Headquartered in Lake Mary, Florida, AutoPower Corporation serves a nationwide customer base of single and multi-branch heavy duty truck and automotive aftermarket warehouse distributors, heavy-duty vehicle service and repair centers, assembly rebuilders, and truck and equipment installers.
If you would like to learn more about AutoPowerBI please call Ross Baldwin at:
Director of E-Business Solutions
See a Demo at www.autopowerbi.com