Minet Technologies1

Solutions. Beyond consulting

Spare Parts - Profits by Management

Minet Technologies2

Solutions. Beyond consulting

Our Offering

Spare parts planning and inventory management solution

Minet Technologies3

Solutions. Beyond consulting

About Us

MINET – Supply chain and procurement solutions company

BAXTER – Offers advanced spare parts planning solutions

Minet Technologies4

Solutions. Beyond consulting

Customers

Minet Technologies5

Solutions. Beyond consulting

Challenges

• High inventory costs

• Machine down time

• Loss of income

• Dead inventory

Minet Technologies6

Solutions. Beyond consulting

The Path to Profit

• Increase revenue through improved service levels:– Fewer stock-outs – Faster response times

• Trim costs through optimized inventory levels:– Intelligently plan inventory levels

through geographic analysis and “true cost” optimizing.

Revenues

Costs

Profit

Minet Technologies7

Solutions. Beyond consulting

Optimal Stock Level Calculation

Cost per PartCost of Stockouts

Cost per Stockout

CustomerProduct

Location

Part

Expected Number of Stockouts

Review Frequency

Lead Times

Demand Forecast

DOA Rate

•Min/Max

•Order quantity

•Reorder point

Minet Technologies8

Solutions. Beyond consulting

The Process

OutputInput

1.Lead time

2. Inventory and Stock out costs

3.Demand history

4.BOM

5.Contracts

1.Demand forecast

2.Safety stock

3.Order quantity

4. Reorder point

Optimization Engine

Minet Technologies9

Solutions. Beyond consulting

Better Service = Profits

1. Optimize stocking locations based on customer response commitments

2. Determine optimal stocking levels for each location based on the “true cost” of stock-outs and inventory

3. Re-analyze and replenish based on forecasting and supply sourcing options.

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Solutions. Beyond consulting

The Users

• The planning is automated• The planner monitors the system and deals with

exceptions• Baxter alerts the planner whenever a decision has

to be made• Strategic planning VS. tactical planning

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Solutions. Beyond consulting

Conclusion: Turn Parts into Profit

• Inventory levels and customer service are intrinsically linked – focusing on only one harms the other.

• The cost of poor service exceeds the cost of high inventory.

• Finding optimal stocking levels requires understanding the true cost of inventory, for each part and each geographic location.

• You can reduce costs by over 30% while providing a higher level of customer satisfaction.

Minet Technologies12

Solutions. Beyond consulting

DEMO

Minet Technologies13

Solutions. Beyond consulting

ThanksContact information:Phone: 03 7516858Fax: 03 7516791Address: Jabutinsky 33, Ramat Gun 52511E-mail: info@minet.co.ilWeb site: www.minet.co.il