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A technician scanning a part in an organised parts room with labelled binsAll Features

Parts inventory software that counts itself

Parts deduct automatically when they're saved on a work order - so stock levels are always right, low stock is flagged before shortages, and every dollar of parts spend lands on the right asset.

Trust your stock levels

Parts deduct from inventory the moment work orders are saved - no manual updates, no spreadsheet reconciliation, no drift from reality.

Never stall a repair

Low stock is flagged against the desired quantity on every part, and Reorder low stock drafts one purchase order per supplier - so the part is on the shelf when the breakdown happens, not on back-order.

Know your inventory's worth

Unit costs and quantities roll up to total inventory value, and every part used flows into work order and asset costs automatically.

Stock that updates itself

Technicians log the parts they use on the work order - and that's the whole process. AssetLab validates stock before the save, deducts on save, and keeps inventory in sync through every edit.

  • Insufficient stock is caught before the work order saves
  • Editing a work order recalculates the net change
  • Deleting one restores its parts - no manual corrections
  • Every movement timestamped for a clean audit trail
Explore work order management →
Work order saved
WO-118 · Pump seal replacement
Seal kit · SK-220−111 in stock
Flange gasket · FG-50−234 in stock
Bearing grease · 1 lb−17 in stock
Deducted on save - validated first, restored if the work order is deleted
Low stock report
3 parts running low
HVAC capacitor 45µF3 / 15
MERV-13 filter 20x25x18 / 25
LED tube 4ft (4000K)18 / 50
Below 50% of desired quantity is Low, below 20% is Critical

Reorder before you run out

The worst time to discover you're out of a part is mid-repair. Set a desired quantity per part: below half of it the part gets a Low badge, below a fifth a Critical one - while there's still time to order at normal prices.

  • One desired quantity per part - your call, your stock levels
  • Reorder low stock drafts one purchase order per supplier, nothing sent until issued
  • Optional morning digest of parts running short, turned on by an Administrator
  • Supplier and unit cost on the record, ready for the PO
Explore vendor management →

Every part knows where it belongs

Each part carries its category, supplier, unit cost, and stock levels - and links to the assets it services. Scan an asset's QR code in the field and its compatible spares are right there, before the walk to the storeroom.

  • Categories organize parts by trade for search and valuation
  • Flag a preferred vendor per part so the right supplier is one click away
  • Link spares to assets - the relationship shows both ways
  • Parts used flow into work order costs and asset TCO
Explore asset management →
Part record · FILT-M13-2025
MERV-13 Air Filter (20x25x1)
CategoryHVAC · Filters
Preferred vendorHoneywell
Unit cost$24.99
On hand / desired45 / 50
Linked assets12 air handlers
Every air handler's QR code lists this filter as its spare

And everything else you'd expect

Stock validation

Insufficient stock blocked before work order save

Auto-restore

Deleted work orders return parts to inventory

Category organization

Group parts by trade for search and valuation

Supplier tracking

Supplier and unit cost on every part record

Inventory valuation

Total stock value by category and site

Parts-to-asset linking

Know which spares fit which equipment

Low stock badges

Low below 50% of desired, Critical below 20%

Storeroom management

Organize stock across storerooms and locations

On order tracking

Quantities on issued purchase orders, per part

Preferred vendor per part

Flag a primary vendor for each part

Excel/CSV import

Load your existing parts list in minutes

Multi-site support

Unlimited sites, buildings, and locations

Parts Inventory Software FAQ

Common questions about parts tracking, auto-deduction, low stock, and how AssetLab fits your storeroom.

What is parts inventory management software?
Parts inventory management software (also called MRO inventory software) tracks the spare parts and materials your maintenance team keeps on hand - quantities, costs, suppliers, and desired stock levels - in one shared system. In AssetLab it's built into the CMMS, so stock levels update from the work orders that consume parts instead of relying on someone to remember.
How does automatic parts deduction work?
When a technician logs parts on a work order, AssetLab first validates that enough stock exists, then deducts the quantities the moment the work order is saved. Editing the work order recalculates the net change, and deleting it restores the parts - inventory always reflects what actually happened.
How do low stock alerts work?
Set a desired quantity for each part. Below 50% of it the part shows a Low badge, below 20% a Critical one, and at zero Out of stock. Reorder low stock then drafts one purchase order per supplier for everything flagged, and an Administrator can turn on a morning "Parts running short" email digest. Nothing is ordered automatically, but you reorder during normal procurement instead of rush-shipping parts mid-breakdown.
Can I track which parts fit which assets?
Yes. Link spare parts to the assets they service, and the relationship shows both ways - the asset record lists its compatible spares, and the part record lists every asset using it. A technician scanning an asset's QR code in the field sees exactly which parts to grab before walking to the job.
How do parts costs flow into maintenance costs?
Each part carries a unit cost, so parts logged on a work order are priced automatically and added to that job's total alongside labor. Those costs roll up into the asset's total cost of ownership - no separate parts accounting needed.
How much does parts inventory software cost in Canada?
US-based platforms typically charge $20-100 USD per user per month, with inventory modules often gated behind higher tiers. AssetLab offers transparent, published CAD pricing from $45 per user/month - covering parts inventory, auto-deduction, low stock flagging, and cost tracking. See pricing for details.
A maintenance technician with a tablet inspecting pumps in an industrial plant

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