True Cost Audit & Analysis
Key areas of analysis include costs of ordering, stock valuation and movement, energy consumption by plant/production line, and equipment efficiency.
Thorite will carry out a comprehensive survey on all compressed air, pneumatic, vacuum, tooling and hydraulic (fluid power) stock and applications.
This will include the following:
- Full inventory stock take.
- Correct identification of all parts and manufacturers' part numbers.
- Itemise and catalogue all stocked items.
- Review all maximum and minimum stock levels.
- Identify redundant stock, fast moving stock and critical items.
- Adjustments to stock profile.
- MRO stock valuation.
The resulting reports will identify what can actually be achieved in terms of reducing your buying costs; reducing your energy consumption; reducing downtime; and improving efficiency. The conclusions will also identify what, if any, investments are required and pay back forecasts.