SIMS (Surplus Inventory Management System)

At Summus Industries, we have long recognized the importance of minimizing our impact on the environment. The under utilization of surplus inventory items can lead to sometimes wasteful spending and increase an organizations environmental footprint. This observation lead us to design our Surplus Inventory Management System (SIMS), a proprietary web based applicatio

Most large institutions operate a warehouse. We have found that organizations fail to recycle their surplus items back through the enterprise. Visibility is the leading cause of this failure. No one, including management, knows what is in the warehouse, or the condition of surplus inventory. When the warehouse fills up, managed auctions are conducted selling sometimes perfectly good items for pennies on the dollar. Even worst, those items are sent to the local landfill. This behavior can lead to wasteful spending and limit cost containment efforts.

We have found the following types of businesses ideal candidates for our SIMS application:

Large Healthcare Institutions
Academic Institutions
Construction Industry
Oil & Gas Industry

SIMS is web based and resides on secure severs. The application is easily customizable to fit within your business processes. SIMS allows your designated administrator to control access to the application. Authorized end users can safely login and have visibility to the inventoried surplus items. Your end users can see images, quantity on hand, and conditions. They can even request a transfer to a specific location within the enterprise. Your good surplus inventory gets recycled back into the enterprise leading to an opportunity for new purchase cost avoidance.

Summus Strategic Alliances

The SIMS Advantage

Realtime Visibility

Secure realtime visibility of surplus inventory across the enterprise. End user can see an image, description, quantity on hand, and request a transfer without leaving their workstation.

Cost Reduction Potential

SIMS helps identify surplus inventory with remaining useful life. Surpluses can then be recycled into the enterprise leading to reduced spending. SIMS can help avoid forced public auctions where products are sold for pennies on the dollar.

User Friendly

SIMS is easily customizable to fit your business processes. Can be implemented with minimal training.

Promotes Sustainability

SIMS can augment your recycling efforts and reduce your organizations environmental footprint by encouraging re-use of surplus inventory. Potentially fewer products are sent to landfill.