Understanding key terms in FieldEx is essential for effective coordination between field teams, planners, and inventory managers. Below are four foundational concepts used across all industries in FieldEx.
Inventory
Definition:
Inventory refers to all stockable items stored in physical locations or bins. This includes consumables, tools, and parts that are tracked for job usage or transfer.
Examples by Industry:
Construction: Safety harnesses, fasteners, paint cans
Facilities Management: Light bulbs, HVAC filters, cleaning agents
Medical Equipment Rental: Oxygen tanks, replacement tubing
Manufacturing: Lubricants, gauges, adhesive materials
Assets
Definition:
Assets are physical equipment or machines tracked for lifecycle management. They are typically large, serialized, and assigned to customers, sites, or internal locations.
Examples by Industry:
Construction: Excavators, scaffolding, concrete mixers
HVAC Service: Air conditioning units, compressors
Agriculture: Harvesters, irrigation systems
Utilities: Generators, electrical panels
Spare Parts
Definition:
Spare parts are components used to repair or maintain assets. They are often consumed during job execution and need to be replenished in inventory regularly.
Examples by Industry:
Coffee Machine Rental: Water pumps, sensors, seals
Automotive Service: Brake pads, filters, timing belts
Telecom Infrastructure: Antenna brackets, cooling fans
Medical Devices: Circuit boards, knobs, tubing connectors
Transfers
Definition:
Transfers represent the physical movement of inventory items (including spare parts or assets) between bins, locations, or technician vans. Transfers are tracked for accountability and visibility.
Examples by Industry:
Construction: Moving drills from warehouse to site depot
Service Companies: Transferring spare thermostats to a technician van
Industrial Maintenance: Shifting calibration tools between regions
Healthcare Equipment: Dispatching devices to a clinic or returning unused parts
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