Case Study: How One Customer Saved Big by Optimizing Inventory
By Grainger Editorial Staff 8/2/17
The Issue
An international maker of plastic packaging products needed to do a baseline analysis of its maintenance, repair and operations inventory management as a precursor to a savings plan.
The Opportunity
- Identify opportunities for improvement and savings
- Leverage enterprise resource planning (ERP) system for inventory management
The Solution
New centralized storeroom produced 54% reduction in product search and travel time. Linking maintenance, repair and operations system to ERP increased cash flow and produced significant carrying cost savings.
The information contained in this article is intended for general information purposes only and is based on information available as of the initial date of publication. No representation is made that the information or references are complete or remain current. This article is not a substitute for review of current applicable government regulations, industry standards, or other standards specific to your business and/or activities and should not be construed as legal advice or opinion. Readers with specific questions should refer to the applicable standards or consult with an attorney.
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