Inventory & Regrading
In the circular economy, nothing is truly waste—only inventory in transition. The Inventory & Regrading feature function in LoopERP is purpose-built to manage the complexity of materials that shift value, condition, and purpose over time. From refurbished electronics and reclaimed appare to recycled industrial parts, this feature gives you the control and insight to make the most of every asset.
Inventory & Regrading in LoopERP allows businesses to manage inventory through multiple lifecycles, tracking condition, grade, and value at every stage—whether items are brand new, returned, refurbished, repurposed, or recycled.
You gain precise control over where your inventory is, what condition it’s in, what it’s worth, and what to do with it next.
Easily classify inventory across custom condition grades such as New, Like New, Gently Used, Repairable, Parts-Only, Scrap, etc. This enables real-time decisions about whether to resell, refurbish, disassemble, or dispose.
Design and automate grading and regrading processes, including testing, inspection, repair, and relabeling. LoopERP tracks each step, who completed it, and how the item changed in value or usability.
Track every movement of serialized lot-based items—even as they move across grades or are partially repurposed. Perfect for industries requiring compliance or traceability.
Create unique bills of materials (BOMs) for reassembly, refurbishment, or disassembly. Easily define input components (e.g., salvaged parts) and output items (e.g., a repaired or reboxed product).
Assign different cost or market values to the same item depending on its grade. LoopERP supports dynamic revaluation so you can make better financial and operational decisions.
For each invent lifecycle, track key sustainability metrics like carbon saved, materials diverted from landfill, and reuse rates. Tie your environmental impact to operational decisions.
Manage inventory across repair facilities, 3PLs, retail stores, or recycling partners. See everything in one dashboard—what’s available, where it is, and what condition it’s in.
Let LoopERP recommend actions like “Send to repair,” “Disassemble for parts,” or “List as Grade B.” Set business rules that help your team act fast on aging or ungraded inventory.
Chain Smarter
Traditional inventory systems treat returned or reworked products as exceptions. LoopERP makes them core to your business model. Whether you’re reselling, repurposing, or recycling, you can:
LoopERP’s Inventory & Regrading function redefines how inventory is see, managed, and monetized. It's not just stock—it's a strategic asset in motion.
Blogs
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