This document describes an inventory management software called IMAFS that calculates optimized inventory parameters to help companies improve performance by reducing inventory levels while maintaining service levels. The software integrates with transactional systems, provides tools for inventory optimization and control, and has features like dashboards with key performance indicators and exception reports. Case studies show companies achieving inventory reductions of 15-50% using IMAFS while increasing availability from 76% to over 94% and reducing equipment downtime.

1. Imafs.com
Manage your inventory levels
with state of the art optimization tools

2. Improve your company's
performance
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3. IMAFS works in concert with you to
optimize your inventory
Solution oriented on the results
Stock availability management
Best practices in inventory management
Continuous support from our experts
Simplified integration
Proof of concept – evaluation of ROI before implementation
Proven and rigorous implementation methodology
Cloud/SaaS Mode
Continuous improvement and R&D
User friendly and intuitive
Allows to integrate manual parameters when required
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4. Features of our solution
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IMAFS calculates optimized inventory parameters on a monthly basis (classes, safety stock,
minimum, maximum, lot sizes, forecasts and lead times)

5. How do we link IMAFS to your
transactional system?
Simple and proven interfaces
IMAFS can interface with any type of
transactional system (ERP, CMMS,
WMS)
Collects data from the transactional
system, generate inventory
management parameters and
provides tools
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6. imafs.com All rights reserved
Iron Ore Company
6
OBJECTIVE
Quickly reduce the inventories without
decreasing the service level and ensure better
control of items
RESULTS
Global inventory reduction of 15% within
the first 10 months (29% for items
controlled by IMAFS), 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

7. Overall, after three years of IMAFS
STOCK
Stock level has decreased by the equivalent
of 20%
PURCHASE
The number of purchase lines has decreased
by almost 10%
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SERVICE
Improvement of parts availability from 76% to
94% which resulted in a reduction of the
number of immobilized vehicles by 25%;
equivalent to adding 8-10 new busses on the
road

8. OBJECTIVE
Increase parts availability while decreasing
overall inventory levels
SOLUTION
Implement user friendly inventory optimization
software to calculate inventory parameters
based on the service objectives by item class
and to follow built-in key performance
indicators
RESULTS
Increased parts availability by 7% in the
first 2 months of utilization and maintained
that service level ever since
Decreased stocking levels by 15% during
the last year on items controlled by IMAFS
by using management and exception
reports on a daily basis to exert a better
control over inventory
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Casa Berardi Mine

9. OBJECTIVE
Optimize spare part stocks for the mine’s start
up and operation
SOLUTION
Implement an inventory optimization software
and follow inventory parameters
RESULTS
Eliminated 78% of all stockouts for parts
with regular purchases and 45% for critical
Reduction of stocking levels by 14% for
items controlled by IMAFS
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10. OBJECTIVE
Reduce inventory levels and identify critical
spare parts
SOLUTION
Create a criticality grid, 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
RESULTS
Inventory reduction of 19% within the first
12 months even though the number of
stocked spare parts increased by 10%
Maintained critical parts availability at
99.9%
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Beaufor Mine

11. OBJECTIVE
Reduce the equipment downtime
SOLUTION
Establish optimized inventory management
parameters based on service objective
RESULTS
The customer improved the availability on
maintenance parts from 60% to 95% in 4
months
Inventory reduction of 13% after 3 years
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Drummondville plant

12. Dashboard
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Follow your progress with our elaborate dashboard, an essential and user friendly tool with
much needed key performance indicators

13. Zoom report
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Obtain a complete portrait of your inventories and benefit from our drill down functionality
to answer all your analysis needs

14. Exception reports
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More than 20 exception reports available with ability to customize your own if required

15. Items information
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16. Savings
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↓ 25%;
$750,000
↓ 35%; $1,050,000
↓ 50%; $1,500,000
6 12 18 24 30 36
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
Nbr of Months
Savings
Savings based on an inventory of $5,000,000 with a
conservative carrying cost of 20%.
Scenario for 25%, 35% and 50% of Inventory Reduction