Case studies

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Case Study: Stock

“I don’t know how much stock we have on site”

Do you have enough stock to supply your clients? Or too much? Stock is expensive to buy and to keep. It takes space, need to be sound and protected, maybe even checked if it is with an end date.

Example: Industrial gas bottles

Situation:

  • Thousands of bottles across the site = safety risk
  • Unrealistic level of safety stock
  • Nobody accountable for the whole stock = no inventory, no big picture

Strategy and action:

  • Full inventory = Most of the bottles were out of date or with obsolete parts = waste
  • Bottles returned to supplier
  • Definition of safety stock level for each department depending on needs

Result:

  • Cashflow was freed
  • Reduction of safety risk with sure product and parts
  • Appropriate rotation of stock
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