Mass optimization - Optimize your whole storage

It is very common that companies tend to keep their spare parts storage levels remarkable high so that there is very little risk fall into shortages. Storage strategies like this unquestionably lead into situation where CMMS systems are filled with numerous items. Cutting of capital invested into oversized storages has proven itself being many times a very difficult task to overcome.

The problem described above can be solved with the StockOptim application. Before the mass optimazion can be properly made must company’s CMMS system be attached to StockOptim’s calculation interface. After making this attachment it is possible to calculate optimal storage strategies for every item. Of course items have to have sufficient amount of history data gathered. During optimization user can set tolerable risk levels for shortages.

Here is a little sample how this process works in practice. User picks desired items from CMMS system and exports them to a XML file. Then the XML file should be imported to StockOptim where the optimazion can be made. In order to accomplish wanted results must all imported items have adequate inputs with them. The file should contain parts’ consumption data from at least an year period and at least one  order and one delivery for every item. After the optimazion the optimal storage strategies can be imported back to CMMS system for further use.