Scrap Inventory Management Software
Real-time multi-commodity inventory across every yard, every grade
OnlineScrap is scrap inventory management software that keeps multi-commodity, multi-location inventory honest in real time. Every inbound ticket increments the right grade at the right yard; downgrades, reweighs, and mill assay returns reconcile automatically; cross-yard transfers post on both sides with variance tracking; and per-yard P&L rolls up to a consolidated view.
What ships on day one
- Real-time per-grade, per-yard inventory
- Mixed-load splits across multiple commodities per ticket
- Cross-yard transfers with two-sided reconciliation
- Downgrade, contamination, and reweigh adjustments
- Mill assay reconciliation with variance posted to the GL
- Cycle counts and physical inventory workflows
- Inventory feeds the B2B marketplace and buyer portal automatically
Frequently asked questions
Is inventory updated in real time?
Yes — every inbound ticket, transfer, downgrade, reweigh, and outbound posts to inventory in real time. Offline tickets also reconcile automatically on resync.
How are mixed loads handled?
Line-item splits per commodity on the same ticket, each posting to its own grade and inventory bucket.
Are cross-yard transfers reconciled?
Yes — outbound from one yard posts as inbound at the receiving yard with two-sided variance tracking.
How is mill assay variance handled?
When the assay return arrives, the outbound is settled against the assay with grade and weight variance posted automatically to the GL.
Can I run cycle counts and physical inventory?
Yes — cycle counts, physical inventory worksheets, and variance posting are built into the inventory module.
