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Efficient Stock Control, Enhanced Profitability by:

INVENTORY MANAGEMENT & AUDITS

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If you’d like to learn more about our services, feel free to drop us an email at: [email protected].

OverviewManaging and adhering to annual repair and maintenance budgets is a formidable challenge for fleet managers. We specialize in Onboard Inventory Management , providing you with precise, real-time data on your vessel’s SPARE PARTS INVENTORY.

We’re experts with over 35 years of experience
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Sucessfully handled more than 120 vessels worldwide.
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Overall client satisfaction Linethemes Survey
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If you’d like to learn more about our services, feel free to drop us an email at: [email protected]

Benefits Effective inventory management is crucial in maritime operations to prevent costly downtime, ensure regulatory compliance, and optimize resource utilization, leading to enhanced operational efficiency and profitability.

How inventory management help shipowners and managers

Our Approach:Our approach to inventory management involves deploying a team of two seasoned Marine Engineers with extensive Planned Maintenance System (PMS) expertise to conduct a comprehensive onboard inventory assessment. This process includes:​

Norsetech 6 step approach to better inventory control

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Key PracticesEffective inventory management is crucial for maritime operations, ensuring optimal resource utilization, minimizing costs, and maintaining compliance with international regulations. At Norsetech Group, we emphasize the following key practices to enhance your fleet’s efficiency:​

#1.

CATEGORIZE AND PRIORITIZE INVENTORY

Classify items based on criticality and usage frequency to improve fleet uptime and reduce emergency orders.

#2.

IMPLEMENT PREDICTIVE DEMAND FORECASTING

Utilize historical data and predictive analytics to anticipate future inventory needs, reducing excess stock and improving order accuracy.

#3.

CONDUCT REGULAR INVENTORY AUDITS

Perform frequent physical counts and cycle counts to ensure inventory accuracy, identify discrepancies, and maintain reliable stock records.

#4.

TRAINING INVENTORY BEST PRACTICES

Provide ongoing training to crew members on inventory management procedures, ensuring consistency and accuracy in handling stock

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Inventory Management & Audits - FAQs

Our team can onboard vessels by physically verifying existing stocks, categorising items, tagging them, and updating your inventory /stock control module for real-time monitoring and control.

We physically verify onboard spares, reconcile with system records, generate a variance report, and recommend updates—ensuring accurate, compliant inventory across your vessel or fleet.

Yes, we offer barcode/QR code-based tagging systems that make it easy for crew to track, scan, and update spare part usage onboard, improving accuracy and reducing manual errors.

Inventory is taken a team of Marine Engineers from Norsetech Group, using standardised checklists and dual-verification to ensure accountability, transparency, and accurate stock reporting.

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