Abstract

Mitigation of cost pressures is an ever present factor in every commercial organisation's corporate strategy. This is especially true for automotive manufacturers. This paper explores the development of a partner selection and inventory reduction process for use within the automotive industry. The research featured in this paper carried out an assessment of the inventory holding of a large automotive manufacturer. This research identifies suppliers with the capability to provide maintenance, repair and operations (MRO) inventory reduction services under the technical constraints of a large automotive manufacturing facility, and then operates a trial of their inventory reduction process against the sponsor company's inventory. The study establishes a process for managing the identification of commodity groups to investigate, and the transfer of parts data and analytical findings between the parties. Validation is provided through the analysis of results recorded during the implementation in the context of the sponsor company.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.