Lockwood Worldwide - Inventory Services

Combining precision planning and advanced technology, with experienced professionals, Lockwood Worldwide can quickly and accurately obtain reliable, up-to-date fixed asset inventory information by conducting a physical inventory in your industry. Lockwood's best in class methods and use of state-of-the-art technologies enable Lockwood's inventory specialists to complete a highly accurate physical count with little to no disruption to your normal daily business operations. Lockwood's physical inventory service is the most comprehensive, at the best value available in the marketplace today.

Lockwood's physical inventory services provide:

A physical inventory count, where your vital assets are tagged with a combination of barcode, active/passive RFID and/or Smart Tags

Collection of required data, specifically tailored to each asset or asset type.

Electronic reconciliation of the inventory count with your existing database (SAP, Oracle, PeopleSoft, etc.) or delivery of a complete “base line” inventory for initial database population.

Planning

Lockwood Worldwide assigns an Inventory Controller to your organization. The Inventory Controller assesses your objectives, existing business controls, and asset information standards and conventions. Using this information, Lockwood Worldwide crafts a concise plan that is used to govern specific asset counting methods, information, conventions, and project stages. Once Lockwood Worldwide has gained your acceptance of the plan, the Inventory Controller assembles the core inventory team, which is made up of experienced personnel. The Inventory Controller uses the plan to prepare the inventory teams for the project.

Technology

Lockwood's asset data collection tools embrace state-of-the-art information collection technologies such as hand-held data collection units (laptops, PDA’s, etc.) bar coding, radio frequency identification (RFID), wireless communications, digital imaging (pictures), voice recognition and auto-discovery. Combined with the asset management plan, these tools help Lockwood Specialists conduct a highly efficient and accurate count, quickly.

Information and Data Collection

Lockwood's data collection applications are adaptable to your requirements through the use of definable operating parameters. These operating parameters enable Lockwood's Inventory Specialists to quickly adjust applications to match your information requirements. Examples include: size of asset labels, types of information to be placed on labels, definition of custom data fields, inclusion of digital pictures, use of your pre-existing lists (departments, employee lists, asset models, etc.), and the definition and auto-assignment of your specific asset numbers.

Data Reconciliation

Lockwood Worldwide doesn't stop at the conclusion of the physical count. Inventory Specialists scrub, cleanse, load, map, and reconcile the asset information that was collected. Lockwood will reconcile and integrate/augment the asset inventory count information with any pre-existing source of your asset information. Contact Lockwood

Physical Inventory Services