Inventory System and Asset Tracking Implementation for Capitol Boiler Works
Technology Category
- Functional Applications - Enterprise Asset Management Systems (EAM)
- Functional Applications - Inventory Management Systems
Applicable Industries
- Equipment & Machinery
- Finance & Insurance
Applicable Functions
- Procurement
- Warehouse & Inventory Management
Use Cases
- Inventory Management
- Track & Trace of Assets
Services
- System Integration
The Customer
Capitol Boiler Works
About The Customer
Capitol Boiler Works is a mechanical service and contracting company that has been operating since 1936. Based in Springfield, Virginia, the company has additional locations in Richmond, Virginia, and Baltimore and Hebron, Maryland. As a well-established regional company, Capitol Boiler Works serves Maryland, Virginia, Washington, D.C., and parts of West Virginia and Delaware. The company offers comprehensive services on all mechanical crafts and has a vast inventory of over 5,000 asset items, including phones, computers, printers, power tools, and refrigerants.
The Challenge
Capitol Boiler Works, a mechanical service and contracting company based in Springfield, Virginia, was facing a significant challenge in managing its vast inventory of over 5,000 asset items. These items included phones, computers, printers, power tools, and refrigerants. The company was struggling with a high rate of lost and stolen equipment, which was negatively impacting its operations and bottom line. The lack of visibility and control over their inventory made it difficult to hold employees accountable for missing equipment. The company needed an effective solution to increase visibility, manage inventory and assets, and ensure employee accountability for equipment loss.
The Solution
After conducting an extensive online search, Capitol Boiler Works decided to implement ASAP Systems’ Inventory System and Asset Tracking Solutions. This system offered intuitive features, including a Check-Out/Check-In feature, which was ideal for the company's asset tracking and inventory management needs. The system allowed for tracking from anywhere at any time, providing the much-needed visibility and control over the company's assets. The Check-Out/Check-In feature enabled administrators to know exactly who was in possession of which company-issued asset, thereby increasing accountability and asset visibility. This solution not only improved inventory management but also reduced the incidence of lost and stolen equipment.
Operational Impact
Quantitative Benefit
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