imafs.com All rights reserved 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 1
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1imafs.com All rights reserved
Iron Ore Company
OBJECTIVEReduce the inventories quickly without decreasing the service level and ensure better control of items
RESULTSInventory reduction of 7% within the first 3 months, without any diminution of service levelMaintained availability rate of critical items
SOLUTIONUse 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
imafs.com All rights reserved 2
Evolution of inventories during the first 6 months of used IMAFS
Iron Ore Company
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