Efficient Stock Control, Enhanced Profitability by:
INVENTORY MANAGEMENT & AUDITS
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OverviewManaging and adhering to annual repair and maintenance budgets is a formidable challenge for fleet managers. We specialize in Onboard Inventory Management , providing you with precise, real-time data on your vessel’s SPARE PARTS INVENTORY.
We’re experts with over 35 years of experience
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Benefits Effective inventory management is crucial in maritime operations to prevent costly downtime, ensure regulatory compliance, and optimize resource utilization, leading to enhanced operational efficiency and profitability.
Our Approach:Our approach to inventory management involves deploying a team of two seasoned Marine Engineers with extensive Planned Maintenance System (PMS) expertise to conduct a comprehensive onboard inventory assessment. This process includes:
Key PracticesEffective inventory management is crucial for maritime operations, ensuring optimal resource utilization, minimizing costs, and maintaining compliance with international regulations. At Norsetech Group, we emphasize the following key practices to enhance your fleet’s efficiency:
CATEGORIZE AND PRIORITIZE INVENTORY
Classify items based on criticality and usage frequency to improve fleet uptime and reduce emergency orders.
IMPLEMENT PREDICTIVE DEMAND FORECASTING
Utilize historical data and predictive analytics to anticipate future inventory needs, reducing excess stock and improving order accuracy.
CONDUCT REGULAR INVENTORY AUDITS
Perform frequent physical counts and cycle counts to ensure inventory accuracy, identify discrepancies, and maintain reliable stock records.
TRAINING INVENTORY BEST PRACTICES
Provide ongoing training to crew members on inventory management procedures, ensuring consistency and accuracy in handling stock
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Marilun Gholson
VP, Business Operations
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