Inventory reduction of 7% at IOC within the first 3 months, without any diminution of service level

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Iron Ore Company
OBJECTIVE
Reduce the inventories quickly without
decreasing the service level and ensure better
control of items
RESULTS
Inventory reduction of 7% within the first 3
months, without any diminution of service
level
Maintained availability rate of critical items
SOLUTION
Use IMAFS to classify items according to their
criticality and their demand and calculate
optimized inventory parameters (Min Max)
according to this classification and service
objectives
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2. Evolution of inventories during the first 6 months of used IMAFS
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Iron Ore Company
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