Inventory Module

Take stock of your yard’s valuable assets.

Your inventory is the heart of your scrap yard. That’s why you need accurate, real-time information about what’s in stock, the location, and the cost. ScrapWare’s Inventory module puts this critical information right at your fingertips!

Choose the management style that’s right for you.

ScrapWare’s Inventory software is user-friendly and extremely flexible. You can set up, maintain, and manage your inventory in three ways:

1. Regrade

Reclassify purchased raw materials to finished goods or other commodities. The regrade feature can also be used to move weights and/or costs from one material to another.

2. Transfer

Easily move material between yards or from one division to another within the same yard, with or without cost information.

3. Finished Goods

Place processed, packaged finished goods like bales and boxes directly into your inventory. By interfacing with the Sales module, you can automatically remove finished goods from your inventory when they’re shipped.

It’s never been easier to keep track of your goods.

The Inventory tool is a must-have asset for your scrap yard. Use it to:

Define commodity categories, classes, and subclasses.
Track average pricing based on perpetual weighted moving average cost.
Modify the perpetual weighted average cost.
Print and scan barcode tags for finished goods inventory.
Ensure data entry accuracy with useful tools like a color-coded user screen, helpful pop-up menus, and field validation.
Seamless connection with other ScrapWare modules drives efficiency.

Better information puts you in control.

ScrapWare’s Inventory module generates all the detailed reports you need. Instantly get an accurate picture of inventory volumes and costs, regrades, transfers between and within yards, and finished goods.

Inventory screenshot
Standard reporting includes:
  • Summary Transfers
  • Detail Transfers
  • Transfer Activity
  • Detail Regrades
  • Detail Invoicing
  • Summary Finished Goods
  • Detail Finished Goods
  • Inventory Valuation
  • WIP Valuation
  • Overall Inventory Position

Do better efficiency and accountability sound good? Contact us today to learn more or to schedule a demo.

Schedule a Demo

Within five days of my incorporation date, the people at ScrapWare had my system installed and operational

Within five days of my incorporation date, the people at ScrapWare had my system installed and operational. ScrapWare easily integrates with QuickBooks so my accounting needs were also met immediately.

Michael Eisner
Premier Metal Services, LLC

Frequently Asked Questions

How does ScrapWare’s Inventory Module benefit scrapyard operations?
ScrapWare knows inventory is central to the success of your scrap recycling business. Scrapyards need accurate information in real-time about what inventory is in stock, at what location and its cost. Without this information in hand, a recycling business cannot make informed decisions that improve profitability. The ScrapWare Inventory Module provides a bird’s-eye-view of this critical information right at your fingertips.
Is ScrapWare’s Inventory Module difficult for scrapyard staff to learn and use?
ScrapWare’s Inventory Module is like ScrapWare’s other features in that it is very intuitive and easy to use. Additionally, it has built-in flexibility in its functionality, allowing a user to set up, maintain and manage their inventory in three different ways.
What are the three ways scrapyards can manage their inventory in ScrapWare?
Using ScrapWare recyclers can manage their inventory by Regrade, Transfer or Finished Goods. To use the Regrade method, recyclers reclassify purchased raw materials to finished goods or other commodities. The regrade feature can also be used to move weights and/or costs from one material to another. Using the Transfer feature, recyclers can easily move material between yards or from one division to another within the same yard, with or without cost information. Finally with the Finished Goods feature, you can place processed, packaged finished goods like bales and boxes directly into inventory. By interfacing with the ScrapWare Sales module, you can automatically remove finished goods from your inventory when they’re shipped.
What other features can ScrapWare’s Inventory Module provide for my scrapyard?
ScrapWare’s Inventory Module provides many important tools you need to evaluate information for smart decision making and run your scrapyard efficiently. It can be used to define commodity categories, classes, and subclasses; track average pricing based on perpetual weighted moving average cost; modify the perpetual weighted average cost; print and scan barcode tags for finished goods inventory; and ensure data entry accuracy with useful tools like a color-coded user screen, helpful pop-up menus, and field validation.
Can ScrapWare’s Inventory Module connect to other modules in ScrapWare’s software?
ScrapWare’s Inventory Module’s ability to integrate with ScrapWare’s other modules is part of what makes it a must-have tool. The Inventory Module offers a seamless connection to other ScrapWare modules, driving its efficiency. Connect it to the Sales, Purchases, Quotes and Contracts and other modules for complete integration of your scrapyard.
Does the ScrapWare Inventory Module generate on-demand reports my staff can use to make informed decisions?

Yes, ScrapWare’s Inventory Module generates an extensive suite of reports so you can instantly view detailed summaries of your inventory data.  Using these reports, recyclers can instantly get an accurate picture of inventory volumes and costs, regrades, transfers between and within yards, and finished goods.  Among others, the Inventory Module standard reporting includes: Summary Transfers, Detail Transfers, Transfer Activity, Detail Regrades, Detail Invoicing, Summary Finished Goods, Detail Finished Goods, Inventory Valuation, WIP Valuation, and Overall Inventory Position.  In addition to that, ScrapWare will create custom reports for customers if that customer has a unique workflow that would benefit from a new report.