Inventory Optimization
Industry: Manufacturing
Location: Mexico
Result: 54% inventory reduction achieved in 6 months.
Industry: Oil & Gas
Location: USA
Result: 51% inventory reduction identified and being implemented
Industry: Manufacturing
Location: Mexico
Result: 51% inventory reduction achieved in 6 months
Industry: Steel Making
Location: Australia
Result: 49% inventory reduction over 3-4 years
Industry: Oil & Gas
Location: USA
Result: 44% inventory reduction identified and now being implemented
Industry: Manufacturing
Location: Australia
Result: 40% inventory reduction over 2-3 years
Industry: Manufacturing
Location: Bangladesh
Result: 37% inventory reduction achieved in 6 months
Industry: Wholesale Spare Parts Supply
Location: Australia
Result: 36% inventory reduction and $24M cash flow benefit over 14 months
Industry: Rolling Mill
Location: Australia
Result: 33% inventory reduction over 2 years
Industry: Pulp & Paper Mill
Location: Australia
Result: 25% inventory reduction over 2-3 years
Industry: Manufacturing
Location: Turkey
Result: 24% inventory reduction achieved in 6 months, a further 12% expected over the next 12 months
Industry: Oil & Gas
Location: India
Result: 23% inventory reduction over 2-3 years
Industry: Manufacturing
Location: China
Result: 22% inventory reduction achieved in 6 months a further 15% to be delivered in the next
Industry: Manufacturing
Location: New Zealand
Result: 21% inventory reduction over 2-3 years
Industry: Oil & Gas
Location: Malaysia
Result: 19% inventory reduction over 2-3 years
Industry: Pulp & Paper Mill
Location: New Zealand
Result: 17% inventory reduction over 2-3 years
Industry: Oil & Gas
Location: Indonesia
Result: 16% inventory reduction over 2-3 years
Industry: Government Authority
Location: USA
Result: Inventory reductions enabled the closure of outside storage, saving $625k over 5 years.
Industry: Power Generation
Location: Australia
Result: 52% of opportunities (by value) resulted from improvements in spare parts planning. Without using the ICR this company would have missed more than half of the full opportunity identified!.
Consulting
Industry: Petrochemicals
Location: Australia
Result: Identified process improvements to reduce overstocking equal to 15% of inventory value.
Industry: Oil & Gas
Location: Qatar
Result: Identified strengths, weaknesses and actions required to improve performance.
Industry: Pharmaceuticals
Location: USA
Result: Identified strengths, weaknesses and actions required to improve performance.
Industry: Oil & Gas
Location: Malaysia
Result: Identified strengths, weaknesses and actions required to improve performance.
Industry: Power Generation
Location: USA
Result: Identified opportunity for $8M inventory reduction.
Industry: Manufacturing
Location: Australia
Result: Alignment of systems and accountability across 13 locations providing improved control of inventory spend.
Training
Industry: Oil & Gas
Location: UK
Result: Multi-day spare parts inventory management and optimization training program targeted at Asset Management personnel.
Industry: Government Authority
Location: USA
Result: From this training the client identified inventory reductions enabling the closure of outside storage, saving $625k over 5 years.
Industry: Oil & Gas
Location: USA
Result: Multi-day spare parts inventory management training program for procurement and asset management personnel.
Industry: Oil & Gas
Location: Singapore
Result: Multi-day spare parts inventory management training program for procurement and asset management personnel.
Industry: Oil & Gas
Location: Malaysia
Result: Multi-day spare parts inventory management training program targeted at Asset Management personnel.
Learn more about our Spare Parts Inventory Reduction & Optimization Programs.
Learn more about our Spare Parts Management Health Check – A Snapshot Review.
