According to Nexiant, mySIM builds on the company’s SIM platform by adding usability, security and data management enhancements.

Nexiant has said that mySIM, in combination with Nexiant’s crib and point-of-use dispensing systems, enables companies to more effectively track and control maintenance, repair and operations (MRO) inventory and manage demand within maintenance and manufacturing values streams. It eliminates costly manual approaches to fulfillment and replenishment processes and provides automated security, data management, tracking, and reporting metrics that are required to effectively manage critical MRO inventory, according to Nexiant.

MySIM is a subscription-as-a-service. Its open-ended architecture supports integration to common ERP, MRP, eProcurement and maintenance management systems supporting complete supply chain collaboration.

Mark Vettese, CEO of Nexiant, said: Software is at the heart of every competitive business today. The analytics and business intelligence built into mySIM will help manufacturers leverage their ability to isolate and reduce MRO costs at the enterprise level and allow them to be more competitive in the global economy.