Digital “SaaS” Inventory Management System

Morris County, NJ
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Asking Price:$9,000,000
Established Year:2009
BUSINESS DESCRIPTION

Inventory Management System being offered is the most powerful, comprehensive, digital inventory management system ever developed. This cloud-based system transforms dormant warehouses and bin locations into computerized piece-counting scales and systems with brilliant LED light clusters that manage every inventory transaction globally and records every change in real time.

System Capacities - this system can count 100 bin locations per second with up to 3,000,000 pieces per hour with 100% accuracy. It can link up to 786,432 scales with weight sensitivities ranging from .0004 lbs. to 10,000 lbs.

Dynamically Eliminates Physical Inventories and Cycle Counts – this system provides a “visual inventory” virtual view of all inventory 24/7/365. It provides a constant identification and location down to the bin of every item in inventory worldwide. This is an efficiency optimization precision-based solution.

Manpower Efficiency - positions inventory management executives to effectively manage their inventory and their inventory management personnel. It eliminates feet on the floor AND mid-management while empowering inventory management personnel to manage by exception (the 3% that requires direct intervention) while being assured that the other 97% is following company stocking and reordering requirements.

Stocking Accuracy – it is virtually impossible to restock bins with incorrect parts or quantities.

Market Size – every industry and every enterprise that possesses physical inventory.

Competitors – NONE – only antiquated one dimensional digital scale companies.

Interface Capacities - designed to easily integrate and interface with any Materials Requirement Planning System (MRP), Warehouse Management System (WMS), Asset Management System (AMS), Enterprise Resource Planning (ERP), Procure-to-Pay (P2P) or Accounting System. Cloud based application works with AWS around the world.

Revenue Streams – multiple streams of recurring revenues including Software-as-a-Service (“SaaS”) and Product-as-a-Service (“PaaS”) as well as software and hardware service contracts and financing opportunities.

Anyone interested in a software only solution will know that there are plenty of options for selling or contracting the hardware components.

Ideal Acquirer – an enterprise with vision and the capacity to monetize this solution worldwide across countless sectors and applications. This could be an industry leader or a service or SaaS technology firm. Examples would include IBM, Microsoft, Oracle, SAP, Zebra, Grainger, Fastenal, Tesla, DHL, UPS, or Amazon


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
10
Facilities
This offering includes all tangible and intangible assets of the company.
Competition
There is currently no competitor offering a robust comprehensive solution such as this. That includes all Fortune 500 companies as well as all leading "SaaS" companies. This solution changes inventory management irreversibly.
Growth & Expansion
This solution covers every company with inventory from a 50 bin sole proprietor to an international company with the need to manage 750,000 SKU's globally. This application is ideal for industrial manufacturing, aerospace and defense, automotive, healthcare, pharmaceutical, transportation and many more sectors and subsectors.
Support & Training
The Founder is willing to fulfill anything between a requested transition process up to a five year continuous product development role. The company has done an outstanding job of documenting the software development on this initiative with over 1,700 pages of documentation.
Reason for Selling
The Founder is a 40-year developer who is ready to transition.
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Cliff
Gardner
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Cliff Gardner