What is Inventory Management & 5S?

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1 From complexity to simplicity Welcome to : Prsentation on 5S & Inventory Management Faster Better Cost efficient

description

Inventory Management is a method that includes a lot of processes and activities. There are sales, deliveries, replenishment orders, invoices and also stocking jobs to begin, track as well as display. 5S involves people through the use of Requirements and also Discipline.It is a systematic and also systematic technique permitting groups to arrange their work environment in the best as well as most effective manner. For more details please check out: http://in.kaizen.com/knowledge-center/what-is-5s.html

Transcript of What is Inventory Management & 5S?

Page 1: What is Inventory Management & 5S?

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From complexity to simplicity

Welcome to :

Prsentation on 5S & Inventory Management

Faster Better Cost efficient

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Old Memories

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Old Memories

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Its all about -Team work and Discipline

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Present - External

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Just have a Feel

•What

•Where

•How Much

(Min/Max/Reorder)

•How

Anybody can

find required

items

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A place for everything….everything in its place

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Visuals

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Red Tag Zone

Wow!

Meaning of

Red Tag

Zone?

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Self explanatory

Everyday!

Everybody!

Everywhere!

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Continuous Monitoring

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Self Discipline -Roles and Responsibilities

What to monitor

and when?

Who is

responsible for

what?

KPM of

individuals?

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Self Discipline - KPMs

Daily

check

sheet and

Reporting

time

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KPMs Status (Internal)

Service S.No. Measured by Frequency

A Reporting on time Should Report in Store by 6.50am Reporting Sheet Daily

BMaintaining of 5S,

Documents and Visuals

5S, all respective documents, all

Visuals and Boards must be updated -

in respective zone / assigned

responsibilities

Audit Sheet Daily

CUpdating Bin Cards and

Purchase order Requisition

All the Bin cards must be updated in all

the respect on daily basis with matching

of physical quantity at respective place

and daily purchase order requisition

must be raised if required, any stock out

because of this failure is not accepted

Bin Cards and

Purchase

Requisition book

Daily

D Dispatch

Ensure timely dispatch of requested

items for all

farms/locations/departments

Empty bays and

Customer feedbackDaily

KEY PERFORMANCE MEASURES

Performance Measures

STORE

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Journey has

BEGUN

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Work so far…

• Awareness session conducted at various sites

• (Kaizen, Muda, Mura, Muri, Visuals and 5S)

• (Ordering system)

•5S work initiated

• 11 Training programmes Conducted at different locations

• 25 Participants trained

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Future Plan

• Continuous visit to all locations

• 5S audit and declaration of winner (among all

locations)

• Reporting of Monthly consumption (from each

location, and consolidate study)

• Strengthen the order system

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THANKS

Continuous Improvement is

the only way to survive….and

we are ON…