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Virtual Inventory

Virtual Inventory

What is it?

  • Ability to send data to customer on status of our inventory
  • This is done through a feed from our system, MCMS, to the customers ERP system
  • Timing of feed depends on customer
    • Current feeds range from every 5 minutes, to nightly feeds as well as weekly
  • Key task is to map customer part numbers and descriptions to ESP part numbers

It is easy to deploy

  • ESP works with customer IT department
  • We need a list of part numbers and descriptions from you that you want us to supply information on
  • We take that list and cross reference our part number and descriptions
  • We then create a file containing customer-specific inventory information from our system (MCMS)
  • Finally the file is sent to customers as either an email attachment or directly over the Internet (FTP)

Benefits to customer

  • Access to sell inventory you do not own
  • Saves time for buyers to check stock
  • Saves time of ISR’s on buy outs
  • Full access to information on inventory ESP carries just for a customer
    • This includes on hand, next mill due date, receipt date

Business requirements

  • ESP needs a file (e.g., spreadsheet) of part numbers with item codes and descriptions as well as other attributes available such as grade, shape, etc. to map to ESP part numbers
  • What info can your company accept. (on hand qty, incoming qty, ETA, pricing etc.)

Technical requirements

  • What file format do you want the data in? (.csv, .txt, .xls, other?)
  • How do you want the data sent? (via FTP or e-mail)
  • How frequent do you want updates. (hourly, daily, etc.)

Benefits to ESP

  • Reduces our competition
  • Improves productivity of our sales people
  • Increases sales volume as we are easier to do business with

When setting up Virtual Inventory, we also establish a series of regular meetings to ensure our offerings, service and prices meet your needs

Special Recent Posts

Holiday closure

November 3rd, 2017

ESP offices will be closed Thursday November 23 and Friday November 24 for the Thanksgiving Holiday.[...]

Holiday notice

August 30th, 2017

ESP's offices will be closed on Monday, September 4, in observance of Labor Day.[...]

Contact us

ESP Specialty Steel Products
7404 Railhead Lane,
Houston, Texas,
USA 77086.
Toll Free : 1-888-377-4317
Telephone : (281) 760-0400
Fax : (281) 955-2965

ESP Specialty Steel Products
1191 W. Hawthorne Lane ,
West Chicago, Illinois,
USA 60185.
Toll Free : 1-888-377-4317
Telephone : (630) 876-5950 (Warehouse)
Fax : (630) 876-0380 (Warehouse)