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ASAP Systems > Case Studies > ASAP Systems Inventory & Asset Tracking Software Revolutionizes Contracting Company Operations
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ASAP Systems Inventory & Asset Tracking Software Revolutionizes Contracting Company Operations

 ASAP Systems Inventory & Asset Tracking Software Revolutionizes Contracting Company Operations - IoT ONE Case Study
Technology Category
  • Functional Applications - Enterprise Asset Management Systems (EAM)
  • Functional Applications - Inventory Management Systems
Applicable Industries
  • Electrical Grids
  • Equipment & Machinery
Applicable Functions
  • Procurement
  • Warehouse & Inventory Management
Use Cases
  • Inventory Management
  • Picking, Sorting & Positioning
Services
  • System Integration
  • Training
The Challenge
Red Dirt Measurement and Controls (RDMC), a company providing a wide range of instrumentation and electrical services for the Oil and Gas industry, was facing a significant challenge in managing their inventory and assets. With hundreds of line items varying in sizes and gauges, RDMC had to deal with a lot of inventory buildup from extra supplies that were not used on jobs. They also had to keep track of important assets for future projects. The lack of asset and inventory controls was affecting their income generation and their ability to control job costs and re-allocate material for the next projects. The company was in dire need of a solution that could provide full visibility of their tools, machinery, and trucks, and help them manage their extra inventory to save money.
The Customer

Red Dirt Measurement and Controls LLC

About The Customer
Red Dirt Measurement and Controls LLC is a company that provides a wide range of exceptional instrumentation and electrical services for the Oil and Gas industry. They are dedicated to providing state-of-the-art design, installation, and repairs. Located in El Reno, Oklahoma, United States, RDMC is part of the Contracting Industry. The company has 23 total employees across all of its locations. They manage hundreds of line items that range in sizes and gauges, and they work on various projects that require them to keep track of a large number of tools, machinery, and trucks.
The Solution
ASAP Systems’ Inventory and Asset-Tracking Solution was implemented to address RDMC's challenges. The system allowed RDMC to keep track of electrical parts used in the infrastructure they work on. It enabled them to track their assets, including tools and machinery, and determine their location within a specific truck and the job they were being used at. The types of electrical supplies tracked within the system included wire, conduit, fittings, cable trays, etc. The system also helped manage inventory gained from leftover items ordered from jobs. These leftover items were not tracked or accounted for before, leading to project managers ordering the same number of materials for the next job, exacerbating the problem. With the new system, RDMC gained full visibility of how much extra inventory they had from previous jobs, which could be used for their next projects.
Operational Impact
  • The implementation of ASAP Systems’ Inventory and Asset-Tracking Solution had a profound impact on RDMC’s operations. The company no longer had to worry about purchasing the same items twice, thus eliminating unnecessary expenses. The system provided a simple Barcode solution that was user-friendly for all employees, along with training and support. This made it easier for the team to adapt to the new system and use it effectively. The system also directly impacted RDMC’s future business objectives by capturing all costs associated with costs of goods sold. The organization plans to use the system in the long-term to expand into other manufacturing that will have a more permanent inventory and re-order points.
Quantitative Benefit
  • RDMC saved a significant amount of money by gaining full visibility of their extra inventory from previous jobs.
  • The system provided the ability to track inventory and assets at multiple locations.
  • The system allowed for accurate inventory counts.

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