Customer Details

Customer
Komatsu Marketing and Support Indonesia (KMSI)
Country
Indonesia
Industry
Manufacturing

Implementation Partner

Partner
ITAsoft
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Komatsu Recovered Lost Assets and Achieved 20x ROI After Digitising Its Inventory Management

Komatsu Marketing and Support Indonesia (KMSI) was managing spare parts and consumable goods inventory manually, leading to duplication of stock orders and approximately $200,000 in lost assets. Without a way to track stock quantity, location, and status in real time, procurement decisions were reactive and inventory control was unreliable.

Joget’s partner, ITAsoft built a Control of Consumable Goods App on Joget that identified lost assets, enabled real-time stock monitoring with automated low-stock alerts, and improved the disposal process for damaged goods. The result: a 20x return on investment and a fundamentally stronger inventory management process.

Challenges CHALLENGES

$200K Lost Assets, Manual Tracking

  • Needed to reduce company costing and expenses.

  • Needed the ability to keep track of stock availability, quantity, status, and location on a consistent basis for efficient inventory management.

  • Stock calculations and business operations were performed manually, which is error-prone and labor intensive.

  • Without an automated system for inventory tracking, it was difficult to maintain accurate records of stock availability, quantity, and status.

  • This has resulted in various duplication of stock orders and a significant loss of approximately $200K of stocks.

"The app identified lost assets, enabled real-time stock monitoring with automated replenishment alerts, delivering approximately 20x return on investment and eliminating $200,000 in stock loss."

Solutions SOLUTIONS

Real-Time Inventory Management App

A Control of Consumable Goods App was built on the Joget platform to enhance asset security and facilitate effective stock management.

Upon implementation of the solution, KMSI has been able to continuously monitor the consumption and utilization of stocks, streamline procurement processes, and maintain optimal inventory levels, resulting in a more efficient supply chain and increased customer satisfaction.

By eliminating manual calculations, employees are now able to concentrate on higher-value tasks, thereby improving productivity and job satisfaction.

Results RESULTS

20x ROI, Zero Stock Loss

20x

Return of Investment (ROI)

TIMELY

Stock replenishment

IMPROVED

Stock disposal

Identification of lost assets: The app has helped KMSI identify its lost assets. This has resulted in the recovery of valuable resources for the company.

Efficient stock management: The app has resulted in a significant cost savings by effectively managing their stocks, with approximately 20x return on investment (ROI).

Timely stock replenishment: The app has been equipped with email notifications that remind employees when the stock quantity level is low, enabling them to replenish stocks on time by creating Purchase Requisition (PR) in advance for the respective departments to approve. This has led to a more efficient procurement process and has helped KMSI maintain optimal inventory levels.

Improved stock disposal: The app has been designed with a checklist to monitor, dispose of, and transfer any stocks that are not in good condition to the respective warehouses in different locations. This has improved the overall management of stocks and ensured that only high-quality goods are being sold to customers.

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