Intelligent Dispensing Solutions assists customers in their mission to find better ways to manage inventory and improve their efficiency. One way in which this is done is by the iQ Technology smart inventory solution. This module-based software enables organizations to reduce inventory costs and increase productivity by processing real-time data captured from IDS’ hardware.
IDS offers five iQ Technology vending and distribution software packages to allow you to choose a solution that works best for your organization. The first package we will break down is the Basic Package, which includes the essential capabilities to streamline inventory and asset management within your organization.
iQ Technology offers a reporting system that features real-time, comprehensive insights for managers. iQ vending and distribution reports eliminate the need for timely manual inventory audits, reduce shrinkage and waste and increase employee productivity. Additionally, reports reduce the risk of keeping expired products within machines.
The Basic package gives you the ability to put restrictions on certain products. For example, restrictions can be put in place for employees, departments or job functions to access the products they need to perform their job. You can also ensure employees are not wasting products by only allowing a certain number of products to be accessed by employees. This feature helps employers cut down on product waste.
IDS machines with iQ Technology feature alerts that will allow managers to be in the know about the health of their hardware. These inventory alerts, which can be sent to multiple people, include:
- Low stock in the machine
- A product that will be expiring soon
- Lack of internet connection
- Open door on the machine
- Item-specific dispenses
Keep track of your asset inventory through iQ Technology.
No matter what industry you are in, iQ Technology can help you manage your inventory. To find out more about our iQ technology vending and distribution, give us a call at 1-877-771-4446.