About this Presentation
Results of implementation a dynamic pull replenishment applied to selected consumables in three phases over a 30 month period, at Turkish Technic Inc. will be presented. Primarily based on TOC’s distribution solution, strategy & tactics customized for its special environment will first be highlighted. Sequential introductions of these will be discussed. Then benefits will be highlighted. Next, various tactics that were employed to address various undesirable effects as a result of more frequent ordering in smaller batches will also be addressed. These UDEs include: 1. Volume discounts may be lost. 2. Load on purchase order processing may increase. 3. Order delay to choose suppliers has increased impact. 4. Shipping costs may increase. 5. Increased load on picking, packing and receiving. 6. Buy-in challenges. Special challenges that are unique to the geographical locations will be summarized. Standing PO solution as well as special supplier relations developed will be highlighted. Maintaining targeted buffer inventory levels included several activities: 1. Dynamic buffer management. 2. Improvement efforts continued to reduce replenishment times. 3. Suppliers were assisted in expediting order.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
Instructor(s)
