Monster Inventory Problem Solved

racesource1 Case Study:
Big Inventory Problem Solved With Barcode Technology   - Vendor Goes from Excel to a real inventory tracking system with great success!

    There’s no denying that a monster truck show is exciting, fun, scary and memorable. Your adrenaline races as the air is filled with intoxicating fumes of hot engine oil and gas. Roars of trucks and cheers from spectators punctuate the announcer’s call of the next daring event. It’s impossible to not get caught up in the action, the thrills, the anticipation and the challenges.

     For the owners of the trucks, the scenario is markedly different. They want to be sure they have the parts they need to keep those monsters running at top condition. Many turn to Racesourse, a monster truck parts company based in Tomball, Texas. It has become the “go-to” company for truck racing components and found itself in a bit of a quandary. Managing inventory and supplying parts on order was once a complicated and serious challenge.

The Challenge
Racesource used an Excel spreadsheet to track inventory for the specialized sports of truck racing and trick driving. As the company grew, it was clear that there was a need to find a better way. The volume of inventory quickly became too much to manage, especially when tracking multiple items needed to assemble just one item or asset.

Paul Huffaker, Vice President of Racesource, researched inventory tracking options with specific attention to the reorder or manufacture of parts. He admitted that he often reordered or manufactured parts on hand, “simply because I didn’t know I had them, which was an unnecessary cost. I needed a system that could use the existing UPC codes to track the individual item as well as the assembly.”

The Solution
Huffaker evaluated several companies and selected Wasp Barcode Technologies for their Inventory Control v6 racesource3(ICv6). Their software provided a barcode tracking system that could work with existing UPC codes and effectively manage assemblies. Huffaker liked the idea of a downloadable free trial to see if the program worked with his company. Once satisfied, he looked to the barcode scanning and assembly tracking system.  “I found this system very intuitive and my guys got it from the start. The support from Wasp was incomparable when we had any questions,” he said.

The Results
The Wasp system has been in place since January 2012. Since that time, Racesource has been able to clearly label all inventory to create a numerical system that identifies every item individually with a barcode. This helps across the board with billing, manufacturing and reordering.

racesource2 Racesource has since been able to expand its services and increase its operational efficiency. A corresponding YouTube video Illustrates the effectiveness of Wasp’s inventory solution. Obviously time has been saved, but Racesource has also pared about $8,000 in the past year that was previously spent reordering unnecessary parts. Huffaker was straightforward in his approval for this software: “Wasp inventory control is fast, efficient, and very easy to use.”

About Wasp Barcode Technologies
Wasp Barcode Technologies headquartered in Plano, Texas, manufactures barcode software
and solutions. Solutions include barcode scanners, barcode printers, inventory software, asset
tracking, time and attendance systems, Point of Sale (POS) Systems and a range of barcode
labels and barcode accessories.

Written by Suzi Harkola

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