Case Study
A Clean Room manufacturer was looking for Robust Procurement and Store Management system to avoid Dead stock and Higher interest cost.
Clean Room Manufacturer
The Challenge
- No Control over Stores
- No Procurement, records, Issuance mechanism
- No Verification or quality checks of raw material
- Unorganized stores
- Dead stock piled up
- High Inventory cost / Interest cost
The Solution
- BOM creation initiated per project
- Procurement and Store management system was re designed
- Dedicated staff for Store Department
- 5S was done for stores
- GRN initiated for received material
- Indent forms were created for issuance
- Periodic physical verification of stock
- Scrap Management control
- Record maintenance
The Outcome
- Updated and realtime store records
- Wastage control by 12-15% annually valued at 4-5 lakhs
- Reduced search time
- Per Project Material cost is easily traceable
- BOM helped to identify exact order quantity which saved interest cost of 2.5 – 3 lakhs annually