We wanted to have a process
to critically review non moving
stock as 50% had not moved
for 5 years. We also wanted to
take it to a new level beyond
traditional min/max analysis. |
EMS and the customer worked
closely to develop a bespoke
process to apply Critical Spares
Analysis to critically assess
each component in the stores
at all of the group’s
manufacturing sites.
|
Biscuit manufacturer has
achieved a 25% reduction in
spares inventory value across
the group and the process has
been embedded for all stock
items even for the capital
projects process.
|