Ritchie Bros inventory management system update will help smaller miners, renters & dealers manage fleets

Ritchie Bros., a leading global provider of asset management and disposition solutions, today announced an update to its RB Asset Solutions SaaS inventory management system. This cloud-based tool, designed to help businesses more efficiently manage their fleets, has been redesigned to help companies of all sizes, including smaller miners, contract miners, mining equipment rental businesses and OEM dealers.

“The new inventory management system has all the great features of the original, but is a lot quicker to set-up and put to work for your company,” said Logan Mellott, Director, Strategic Accounts, Ritchie Bros. “Replace your spreadsheets with an entirely digital system – helping you better manage and analyse your fleet. Add the Market Trends module of RB Asset Solutions and you’ll also be able to better understand key pricing and depreciation trends to help you know when and where to sell your surplus assets.”

Ritchie Bros. Asset Solutions is a complete end-to-end asset management and disposition solution. It’s made up of a suite of value-added tools, with the inventory management system at the centre. The IMS allows customers the opportunity to centralize and manage inventory in one place; get a real-time overview of all assets, including equipment status and availability; trade assets within the customer’s network; create a community for various dealers or branches; or send items to be sold with a click of a button. The IMS is cloud-based and mobile-friendly. The new IMS features include the following:

  • Available on any web-based device (mobile friendly)
  • Quick set-up, better uptime, and increased security
  • Easy to use and perform proof of concept before purchasing
  • Bulk edit capabilities
  • Quick access to asset inspections and appraisals
  • Disposition available via a custom-branded webshop, Ritchie Bros. live auctions, IronPlanet weekly featured auctions, or Marketplace-E