Petrochemical Plant

Results:

• The usage is now in line with the work being performed.
• The monthly spend has been reduced by 40%, and the value of the material on hand has been reduced by approximately 50%.
• The company is realizing a 5:1 payback on their 3-year capital lease payment.
• The large number of bins has allowed them to manage other items, providing additional savings.
• Management has also benefited from reports that detail usage by work-order and cost-center.

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