Ritchie Bros., a global provider of asset management and disposition solutions, recently announced an update to its RB Asset Solutions SaaS inventory management system. This cloud-based tool, designed to help businesses efficiently manage their fleets, has been redesigned to help companies of all sizes.

"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 analyze 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 center. The IMS allows customers the opportunity to centralize and manage inventory in one place, get a real-time overview of all assets, 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.

New IMS features:

• 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

About Ritchie Bros.

Established in 1958, Ritchie Bros. is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. We deliver multiple solutions for customers across many industries including construction, transportation, agriculture, energy, oil and gas, mining and forestry. It’s how we made our reputation as the most trusted equipment auction company in the world. Today we offer multiple convenient buying and selling solutions – online and onsite.