Manufacturing
PT Itasof Pelagus Global (ITASoft)
Control Of Consumable Goods App
$200K+
Lost assets identified
$250K+
Additional stock savings
$450K+
Total asset savings
Challenges
- Needed to reduce company costing and expenses
- Needed the ability to keep track of stock availability, quantity, status, and location on a consistent basis for efficient inventory management
- Stock calculations and business operations were performed manually, which is error-prone and labor intensive
- Without an automated system for inventory tracking, it was difficult to maintain accurate records of stock availability, quantity, and status
- This resulted in various duplication of stock orders and a significant loss of approximately $200K of stocks
Solution
A Control Of Consumable Goods App was built on the Joget platform to enhance asset security and facilitate effective stock management.
Upon implementation of the solution, KMSI has been able to continuously monitor the consumption and utilization of stocks, streamline procurement processes, and maintain optimal inventory levels, resulting in a more efficient supply chain and increased customer satisfaction. By eliminating manual calculations, employees are now able to concentrate on higher-value tasks, thereby improving productivity and job satisfaction.
Results
- Identification of lost assets: the app helped KMSI identify lost assets worth approximately $200K, recovering valuable resources for the company
- Efficient stock management: the app enabled KMSI to save more than $250K by effectively managing their stocks — a total of approximately $450K in asset savings
- Timely stock replenishment: email notifications remind employees when stock levels are low, enabling on-time replenishment via advance Purchase Requisition (PR) for a more efficient procurement process
- Improved stock disposal: a built-in checklist monitors, disposes of, and transfers stocks not in good condition to the respective warehouses across different locations
Full Case Study
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