Propeller Secures Funding As Part Of Successful RGF Bid

Propeller GB, is one of a consortium of eleven small and medium-sized businesses in the North East awarded a total of £3 million, in the latest round of the Regional Growth Fund programme. One of only two such initiatives in the country, the collaborative bid was put together by local newspaper The Newcastle Journal, to give SME's access to much-needed investment funds and create new jobs in the region.

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Pro-Pod V7 Delivers Ultimate Storeroom Control And Information

Inventory management and supply specialist, Propeller GB has launched the latest version of its Pro-Pod automated storeroom portal, which uses advanced RFID technology and incorporates twin interlocking doors for enhanced control and performance.

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Connecting Industry

Industrial vending equipment dispenses MRO consumables, PPE, tooling which are accessed normally by means of time and attendance swipe cards, biometrics or personal identification codes. Known as point-of-use or lineside vending machines, they are advanced inventory management systems, enabling strict control of stock access, monitoring of usage and automatic reordering of out-of-stock items.

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Industry Today

Too often, storerooms are free-for-all facilities, where users take parts on autopilot, squirrelling stock away in lockers and, worse still, pilfering company property as a perk of the job. As a result, inventory costs run out of control, storeroom data is totally inaccurate and the inevitable stockouts of critical spares lead to costly downtime, lost production and cancelled orders.

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Warehouse & Logistics News

Inventory, stock, parts or MRO (maintenance, repair and operations) consumables, call them what you will, provide the oil for the engine in manufacturing and processing plants. They can represent up to 20% of total enterprise spend and account for more than half of all indirect purchasing transactions, yet many organisations do not have the systems in place to restrict access to inventory and monitor the usage of spares and consumables down the line.

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