Optimising Inventory Accuracy for Energy Management Company With Advanced Technology
Case Study
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Square feet
100,000
Weekend
1
Pieces
1,000,000
Customer
Railway Track Maintenance Equipment Manufacturer
Sector
Industrial
A global supplier for railway track maintenance and construction has a broad range of high quality equipment, cutting-edge technology, and worldwide support. They take care of customers’ needs for virtually all major aspects of track maintenance and construction by delivering innovation and performance and meeting the demands of the track every day.
THE CHALLENGE
The manufacturer of railway track maintenance equipment needed to complete an inventory by an external company so that they did not have to shut down their business.
The manufacturer required RGIS to provide the following:
- A new inventory process which included verifications of variances
- The process to take less time than the previous internal inventory of five days
- To provide two inventories per year; a partial inventory count in June and full inventory count in December
- Two large warehouses and a five-acre yard needed to be counted
Why RGIS?
Customers rely on RGIS for industrial parts inventories because our expert teams deliver accurate counts across complex, high-volume components, improving stock control, reducing operational downtime, and supporting efficient production planning.
Our Solutions
The customer partnered with RGIS to complete the wall-to-wall inventory project, and provided the following:
A team of experienced RGIS auditors using proprietary inventory scanners
RGIS Project Management to ensure the inventory project met customer requirements
The RGIS team accurately counted 1,000,000 pieces and completed all recounts
Variances confirmed and completed during the inventory project
Results
The manufacturer of railway track maintenance equipment found by outsourcing the wall-to-wall inventory project to RGIS, the following was achieved:
RGIS accurately counted 100,000 square feet of warehouse space and a five-acre outdoor storage yard
The business did not have to shut down production during the work week
Specific recounts and variance checks were performed to ensure an accurate inventory was delivered to the customer
Conclusion
The project was completed over a single weekend, using half the amount of time the customer used with the previous internal inventory process.
