Parts & Inventory Management

Take control of your spare parts, materials, and MRO inventory with iFactory's powerful inventory management system. Reduce stockouts by 40%, optimize reorder points, and track every part from purchase to consumption.

40% Fewer Stockouts 25% Lower Costs 99.5% Accuracy
● Live
Parts & Inventory Dashboard
Today • 21 Feb 2026 • All Locations
AI Active
1,247 Total Parts
$847K Stock Value
47 Low Stock
12 Out of Stock

Inventory by Category

Electrical Components 342 parts • 23 critical items
Optimal
Mechanical • Bearings & Seals 518 parts • 12 below reorder point
Low Stock

Complete Inventory Platform

5 Pillars of Inventory Excellence

One unified platform covers every dimension of parts and inventory management – from cataloging through stock control to vendor management and scrap tracking.

1
Catalog

Parts catalog, material categories, critical & hazardous item tracking.

2
Stock

Real-time levels, reorder points, safety stock, and storage locations.

3
Vendors

Supplier profiles, performance tracking, certifications, and terms.

4
Scraps

Scrap tracking, disposal methods, recovery values, EHS compliance.

5
Analyze

Inventory analytics, cost dashboards, ABC classification, and insights.

40% Fewer Stockouts
100% Stock Visibility
AI-Driven Reordering
ERP + SAP Integration

Parts & Materials

Comprehensive Parts Catalog & Material Management

Build a complete parts catalog with categories, track critical and hazardous materials, and maintain full visibility into your material inventory. Organize everything from electrical components to heavy machinery spare parts.

Material Categories

Organize parts into logical categories with descriptions.

SAP Material Groups

Map to SAP material groups for seamless ERP integration.

Critical Item Marking

Flag critical parts that need priority attention and monitoring.

Hazardous Materials

Track hazardous materials with safety compliance and SDS.

Parts Inventory
Manage Materials
1,247Total
1,189Active
23Critical

Manage Material Categories

Category Name *
Electrical Components
SAP Material Group
E001
Status: Active + Add Category

Available Categories

Electrical Mechanical Hydraulic Filters Lubricants Safety

Stock Management

Real-Time Stock Levels & Reorder Control

Monitor and manage inventory stock levels in real-time. Set reorder points, track safety stock, manage storage locations, and never run out of critical parts again. Full integration with SAP storage locations and batches.

Current Stock Tracking

Real-time visibility into available quantities.

Reorder Point Alerts

Automatic alerts when stock hits reorder level.

Safety Stock Levels

Define minimum stock to prevent stockouts.

Reserved Stock

Reserve stock for upcoming work orders.

Stock Management
+ Add Stock
847Total
47Low
12Out
$847KValue

Add New Stock Entry

Material *
BRG-6205 Bearing
Storage Location *
Warehouse A - Shelf 1
Current Stock
150
Reorder Point
25
Safety Stock
10
Average Cost
$24.50
Last Count Date
23-12-2025

Vendor Management

Supplier Profiles, Performance & Compliance

Manage your suppliers and vendors in one place. Track performance metrics, certifications, payment terms, and maintain complete vendor profiles with contact information, addresses, and business details.

Vendor Profiles

Complete vendor info with contacts and addresses.

Performance Tracking

Monitor on-time delivery and quality ratings.

Certifications

Track ISO and other certifications for compliance.

Payment Terms & Multi-Currency

Manage Net 30, Net 60, and custom terms.

Vendor Management
+ Add Vendor
156Total
142Active
89Certified
4.8Avg Rating

Top Performing Vendors

Industrial Supply Co.Bearings & Seals • Net 30 • ISO 9001
★ 4.9
ElectroParts GlobalElectrical • Net 45 • ISO 14001
★ 4.8
HydraFlow SystemsHydraulic • Net 30 • ISO 9001
★ 4.7
FilterTech IndustriesFilters • Net 60 • Pending cert.
★ 4.2
AI: FilterTech delivery rate dropped to 82% – consider alternate supplier

Scraps & Waste

Scrap Tracking, Disposal & Recovery Management

Track and manage scrapped materials from work orders. Document disposal methods, calculate recovery values, ensure environmental compliance, and maintain complete audit trails for waste management.

Work Order Scraps

Link scraps directly to work orders for traceability.

Scrap Reason Codes

Categorize scraps with predefined reason codes.

Recovery Value

Track salvage value and recovery rates.

EHS Approval Workflow

Multi-level approval with environmental clearance.

Scraps Inventory
+ Add Scrap
234Total Scrap
198Approved
24Pending
$12.4KNet Loss
32%Recovery
18Hazardous

Create Work Order Scrap

Work Order *
WO-3345
Material *
BRG-6205
Total Value$450
Recovery$120
Disposal Cost$50
Photos ✓ Env. Clearance ✓ EHS Approval ✓

Warehouse & Tracking

Barcode/QR Scanning & Multi-Location Warehouse

Scan parts in and out with barcode or QR codes using any mobile device. Manage multiple warehouses, storage locations, and bin-level tracking with real-time stock visibility across all your facilities.

Barcode & QR Scanning

Scan to find, receive, issue, and count parts instantly.

Multi-Warehouse Support

Track stock across locations with consolidated views.

Reserved Stock

Reserve stock for upcoming work orders and production.

SAP Integration

Sync with SAP storage locations and batches.

Warehouse Manager
3 Locations
3Warehouses
86%Utilization
1,240Bin Locations
8Pending Picks

Warehouse Locations

Warehouse A – Main Plant480 bins • 92% full • Raw Materials
Active
Storeroom B – MRO Parts360 bins • 78% full • Spare Parts
Active
Warehouse C – Satellite Store400 bins • 65% full • Consumables
Active
Scan: BRG-6205 → Located at WH-A / Rack 3 / Shelf 2 / Bin 12

Analytics & Reports

Inventory Insights & Cost Optimization

Get actionable insights into inventory performance with real-time dashboards. Track inventory turns, carrying costs, consumption trends, and ABC classification to optimize your parts investment.

Inventory Turn Analysis

Track turns by category, supplier, and individual SKU.

Carrying Cost Dashboard

Visualize holding costs and capital efficiency.

Dead Stock Identification

AI flags slow-moving and obsolete inventory.

ABC / XYZ Classification

Auto-classify parts by value and consumption.

Inventory Analytics
This Quarter
6.8x

Turns

↑ 1.2x vs last
97%

Fill Rate

↑ 4%
$48K

Dead Stock

↓ 22%
25%

Cost Saved

↑ $120K

Consumption Trend (4 Weeks)

Wk 5Wk 6Wk 7Wk 8

Top Consumed Parts (This Week)

BRG-6205 • Bearing342 units28%
FLT-102 • Oil Filter218 units18%
BLT-M10 • Hex Bolts1,580 units12%

Integrations

Inventory Connected to Every Module

Seamlessly integrate with work orders, purchasing, asset management, ERP, and barcode/RFID hardware for a unified inventory layer.

Work Orders

Auto-consume parts

Asset Management

Link parts to assets

Purchasing

Auto-generate POs

Preventive Maint.

Schedule parts needs

Barcode / QR

Scan to find parts

ERP Systems

SAP, Oracle, Dynamics

Industries

Parts Inventory for Every Manufacturing Vertical

Whether you manage MRO spare parts, production raw materials, or consumables – iFactory adapts to your industry's unique inventory requirements.

Automotive

JIT/JIS parts delivery, PPAP documentation, and supplier kanban.

Pharma & Life Sciences

Cold chain tracking, expiry management, and FDA lot traceability.

Food & Beverage

FIFO/FEFO enforcement, allergen tracking, and ingredient tracing.

Electronics & Semiconductors

Component reel tracking, moisture sensitivity, and ESD storage.

Aerospace & Defense

Serialized part tracking, shelf-life management, and ITAR controls.

Chemicals & Process

Hazmat classification, SDS management, and batch ingredients.

Energy & Utilities

Critical spares management, rotable pool tracking, outage readiness.

Metal & Heavy Industry

Consumable tracking, heat number traceability, tonnage costing.

Latest Posts

Total Posts:

Proven Results

What Manufacturers Achieve with iFactory Inventory

40%
Fewer Stockouts

Smart reorder points and safety stock levels prevent critical shortages.

25%
Lower Inventory Costs

Optimize stock levels to reduce excess inventory and carrying costs.

100%
Complete Traceability

Track every part from purchase to consumption with full audit trails.

99.5%
Inventory Accuracy

Barcode/QR scanning with real-time stock level tracking.

FAQ

Frequently Asked Questions

Everything you need to know about iFactory's Parts & Inventory Management capabilities.

Parts and inventory management software helps organizations track, manage, and optimize their spare parts and materials inventory. It includes features for cataloging parts, monitoring stock levels, setting reorder points, managing vendors, and tracking consumption. iFactory's solution integrates with work orders, purchasing, and asset management for complete inventory control across all your facilities.

Yes, iFactory allows you to set reorder points and safety stock levels for each material. When stock falls below the reorder point, the system automatically generates alerts and can even create purchase requisitions. You can configure different thresholds for critical vs. non-critical items.

Yes, iFactory offers comprehensive SAP integration. You can map material groups, storage locations, vendor numbers, and batch numbers to your SAP system. This ensures consistency between your manufacturing execution system and ERP, eliminating duplicate data entry.

iFactory includes special tracking for hazardous materials. You can flag items as hazardous, track environmental impact, require EHS approvals for disposal, and maintain waste manifest documentation. The scrap management module ensures compliance with environmental regulations.

Yes, iFactory supports multiple storage locations and warehouses. You can track stock levels at each location, transfer materials between locations, and see consolidated inventory views. Each stock entry can be assigned to a specific warehouse, shelf, or bin location.

iFactory's vendor management module lets you maintain complete supplier profiles with contact information, business details, certifications, and payment terms. Track vendor performance metrics including on-time delivery rates, quality ratings, and response times. Multi-currency support handles international suppliers seamlessly.

iFactory's scrap management module tracks scrapped materials linked to work orders for complete traceability. You can categorize scraps with predefined reason codes, document disposal methods, calculate recovery values vs. disposal costs, and maintain full audit trails. Multi-level approval workflows ensure proper authorization and EHS compliance.

A single storeroom can go live in 1–2 weeks with iFactory's cloud-native platform. Full facility rollouts with multi-warehouse setup, barcode integration, SAP connectivity, and data migration typically complete in 4–8 weeks. Enterprise deployments across multiple plants are phased over 2–4 months. Storeroom staff become proficient within 2–4 hours of training.

Take Control of Your Spare Parts Inventory

Track materials, manage vendors, optimize stock levels, and reduce costs with iFactory's comprehensive inventory solution. Schedule a free 30-minute demo and see the platform in action with your inventory data.

Free personalized demo No commitment Go live in 2 weeks 24/7 support