Materials
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Materials and Inventory Management

An initial visit is made to the Client's plant to assess the present Materials, Inventory Control, and Warehouse/Storeroom activities. The visit will concentrate on the following areas: 

Responsibilities of Stores, Maintenance, Purchasing, and other departments
Methods used in setting items up in inventory and their replenishment strategies
Techniques of control for critical spare/insurance parts
Programs in place for inventory optimization - having the right mix and not too much or too little inventory
Procedures in place to prevent, identify, and dispose of surplus materials
Physical facilities and storage of materials - size, layout, bin numbering, equipment, security
Methods used to put away, retrieve, and distribute items and to handle returns
Use of techniques such as self-service material, consignment inventory, vendor stocking, procurement cards, bar coding, EDI, imaging 
Methods used to measure performance and to benchmark against industry standards
Use of the management information system to improve service to customers and reduce inventory 

At the conclusion of the visit we would be prepared to present next steps to moving ahead in a Materials Management Improvement Program and, our participation in the Program.

 

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