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Storeroom & Materials Management
Objective:
Provide companies with an on-site stores program designed to increase on-shelf availability to almost 100% while decreasing inventory investment and floor space requirements significantly.
 Service Offering:
- Help plants design a stores system which will work effectively with the way they operate.
- Ensure software can support the new process or offer alternative choices which can.
- Help build the data accuracy and support tables needed to transfer historic information and begin using the new system.
- Train plant management and support people to operate the new system and how to modify or expand its capabilities as required. Help define performance goals and reporting processes to manage with.
- If the Virtual Store Room approach is selected, help management understand its operation and the best ways to expand and develop it to achieve optimal results.
 Ferguson Experience:
Over the last five years, Ferguson has developed and managed a number of plant store rooms including hundreds of self-service, "virtual store rooms" in 30+ manufacturing facilities. In many cases, the systems it has created and installed have improved inventory completeness and availability dramatically (in one plant, one time buys have been reduced over 60% and availability of store room items has reached over 99%) while reducing the total amount of material needed on site (in the same facility, inventory turns have increased from under 4 to over 30 times per year).
- By reducing the number of specials or one-time purchases, Ferguson has reduced the complexity of the logistics process as well as its cost.
- By improving inventory availability, content and turns, it has reduced wastage and excess stocking.
- By creating a system which provides superior support to its users, it has eliminated the back doo r selling and supply systems which undermine product price savings.
For more information, contact us at integrated@ferguson.com.
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