Festus AFOLABI
-
Upload
festus-afolabi -
Category
Documents
-
view
242 -
download
0
Transcript of Festus AFOLABI
480 486 514
470 567 589
-
100
200
300
400
500
600
700
Jan Feb Mar Apr Jun Jul
OP. Stock (000,000) CL. Stock (000,000)
To recommend more effective means ofclassifying spare parts
To review the spares’ replenishment processfor standardization and greater efficiency
To improve collaboration between Stores andPlants on the scheduling and movement ofSpares
HugeCost
Angry CustomersFreight Cost…
•Stock replenishment•Logistics scheduling •High Inventory
Classification based on ‘Movement’
1 49
18
1 1
145
Usage rate of Spares in UNITs
Avg Usage
Stock Bal
30 20
4 6
Gaps Identified
High Price
High Price
Low Price
Low Price
Low Usage
A B C D
High Usage
E F G H
Long Resp. time
Short Resp. time
Long Resp. time
Short Resp. time
66
7
55
9
7 724
5
20
7
SOH APR SOH MAY SOH JUN SOH JUL
Spreader Grease Rubber Seal
o
o
o