ABAX LAUNCHES FIRST-OF-ITS-KIND INVENTORY MANAGEMENT SOLUTION IN THE UK

ABAX, one of Europe’s leading telematics companies, has announced the launch of ABAX Smart Inventory, a unique van store inventory solution.

ABAX Smart Inventory offers a groundbreaking service: it provides real-time oversight of customers’ tool inventories, across multiple vehicles, ensuring that vans are always fully equipped and ready for the next job, without the need to physically check them.

If a van doesn’t contain a required tool, drivers and fleet managers will be alerted within minutes to any items they have forgotten or left behind. This allows them to recover equipment quickly, thus minimising any loss of income from jobs lost or delayed because vans aren’t fully equipped. In this way, the solution also helps to tackle the estimated 38 hours spent by individual workers each year seeking lost or forgotten tools. It also helps to reduce the cost to businesses from lost tools. One customer in the UK construction industry noted that drivers waste around 50 hours a week returning to collect forgotten items, with around £200,000 worth of tools missing in the last year.

Whilst construction is an industry that clearly benefits from the solution, it is being trialled by ambulance services, helping to ensure that all vehicles are fully equipped and ensuring life-saving equipment is not left behind. Any industry or business that operates multiple vehicles that carry valuable, critical tools, assets or equipment will benefit from using ABAX Smart Inventory.