Asset Tracking: Managing Bins & Trolleys Inventory in Finsys ERP

Asset Tracking: Managing Bins & Trolleys Inventory in Finsys ERP

Asset Tracking: Managing Bins & Trolleys Inventory in Finsys ERP

The Hidden Leakage: How to Track Bins and Trolleys Using Finsys ERP

In high-volume manufacturing sectoars—like Auto Components, Rubber Molding, and Food Processing—Bins, Trolleys, and Crates are the unsung heroes of the shop floor. However, because they are “reusable,” they are often the most poorly tracked assets. Thousands of rupees are lost every year when these bins go missing at vendor sites or during customer dispatches.

Finsys ERP provides a dedicated module for Bins and Trolleys Accounting, ensuring that every reusable asset is tracked with the same precision as your raw materials.


The Challenge: Why Manual Tracking Fails

Most factories treat bins as “consumables” rather than assets. This leads to:

  • Unaccounted Losses: Bins sent to vendors for sub-contracting work never return.

  • Production Delays: Searching for available trolleys on a disorganized shop floor.

  • Customer Disputes: Conflicting counts of crates sent versus crates returned.


The Finsys Solution: Real-Time Asset Monitoring

The video demonstrates how Finsys treats each bin as a unique inventory item:

1. Unique Identification & Barcoding

Every trolley or bin can be assigned a unique ID or Barcode. This allows the system to know exactly where “Trolley #405” is located—whether it’s in the Washing department, the Press Shop, or at a Vendor’s plant.

2. Inter-Unit & Vendor Transfers

When bins are sent out of the gate (e.g., for Job Work), the system records an automated “In-Out” transaction. The vendor’s ledger shows not just the material quantity, but also the number of bins they are currently holding.

3. Return Tracking & Reconciliation

As soon as the empty bins return, a simple scan or entry reconciles the stock. Finsys provides an “Outstanding Bins Report,” allowing managers to follow up with vendors or customers who haven’t returned the assets.


Strategic Benefits for Manufacturers

Feature Business Impact
Vendor Bin Ledger Know exactly how many of your bins are at each vendor site.
Shop Floor Visibility Monitor the availability of trolleys for upcoming production batches.
Cost Savings Dramatically reduce the annual budget spent on replacing “lost” crates.
Audit Compliance Physical verification of bins becomes easy with system-generated stock lists.

Watch the Demonstration: Bins & Trolleys Accounting

Stop the leakage and start tracking your reusable assets today. Watch the full technical manual below:

 https://www.youtube.com/watch?v=185iI-l3UfQ

Official Website: www.finsys.co.in

Youtube channel:- https://www.youtube.com/@SangeetGuptaFinsysERPSoftware/videos