Head & base production optimization : inventory management strategy

A new inventory management strategy was developed for Schlumberger to reduce waste in material handling and improve the warehouse receiving efficiency. The current warehouse receiving situation was analyzed; then the receiving procedure was summarized and the time spent for each step was measured. After that, the cause and effect analysis for the low efficient warehouse operation was analyzed and solutions are proposed. The implementation of this model in the company has seen significant improvements in warehouse operation efficiency. The receiving time of specific machined parts has been reduced by 32% and the receiving of specific sub assembled parts has been reduced by 53%. The improvement has led to a cost saving of US$ 422,148.

Department dc:contributor.department

Massachusetts Institute of Technology. Dept. of Mechanical Engineering.

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2009

Author dc:creator

• Guo, Yuming, M. Eng. Massachusetts Institute of Technology

Advisor dc:contributor.advisor

• Kamal Youcef-Toumi.

• Mechanical Engineering.

Statement dc:rights

• M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.

Licence dc:rights.uri

• http://dspace.mit.edu/handle/1721.1/7582

Language dc:language.iso

eng

Handle dc:identifier.uri

http://hdl.handle.net/1721.1/55216

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/55216