Managing consignment inventory at a customer site is cumbersome due to manual tracking and spreadsheet-based reconciliation every two weeks.

Existing solutions like spreadsheets require manual data entry and lack real-time visibility, leading to delayed billing and potential stockouts.

Severity

3Medium

Willingness to Pay

implied

Added

May 30, 2026

Workarounds Described

technicians on site take parts as needed and record usage on a spreadsheet every two weeks
employee refills bins and manually records what was used

Implied Software Gaps

Real-time inventory tracking system that automatically logs part usage when technicians take items
Automated replenishment and PO generation based on consumption

App Concept

ConsignTrack Pro

ConsignTrack Pro is a cloud-based inventory management system for consignment stock at customer sites. It provides real-time tracking of parts usage via barcode scanning, automatic replenishment alerts, and seamless PO generation. No more spreadsheets or fortnightly manual counts.

Key Features

Barcode/RFID scanning for instant usage logging
Real-time dashboard showing inventory levels at each customer site
Automated replenishment alerts and PO generation
Mobile app for technicians to scan parts when taking them

Target Users: Inventory and operations managers in field service companies (e.g., HVAC, plumbing, electrical) with 5-50 employees who maintain consignment stock at customer locations.

Revenue Model: Subscription: $99/month per customer site, or $499/month for up to 10 sites, with additional fees for extra users.

Existing Solutions Mentioned

spreadsheet

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