Overestimated criticality
Inflated safety stock, capital tied up in items that rarely run out, and warehouse space occupied unnecessarily. It is the most common mistake, because it looks prudent.
Analytical Tools
What sets Brasman apart is not the spreadsheet, it is the calculation engine behind it. ORBIS™ and CRID™ are proprietary tools that see and measure what conventional methods let slip by.
Industry 4.0 · AI/ML
ORBIS™
Operational Risk Based Inventory Solution
Applied to the optimization of MRO materials inventory management through differentiated state-of-the-art technology — Industry 4.0 AI/ML Cutting Edge Inventory Technology — whose efficiency-effectiveness, cost-benefit and ability to see and measure what is visible, yet still unseen and unmeasured, is without parallel.
A unique combination of art, science, experience and persistence.
Results
Direct gains achieved
Average reference figures obtained in projects using the ORBIS™.
>20%
Reduction in inventory value
>8%
Increase in service level
>6%
Reduction in spending on material purchases
>50%
Increase in inventory management productivity
>20%
Increase in direct maintenance labour productivity
Fuzzy logic
CRID™
Criticality Determination
Criticality is an important variable in determining adequate inventory levels. Even so, few companies assign criticality to materials — that is, the consequence of a stockout — and those that do still go about it unproductively and, often, incorrectly or far too conservatively.
Through a unique combination of the factors that truly affect a material's criticality and fuzzy logic techniques, CRID™ determines criticality accurately and with high productivity.
No more than 20% of the time and resources spent by conventional methodologies and tools.
Why it matters
The cost of getting criticality wrong
Assigning criticality incorrectly causes losses in both directions.
Underestimated criticality
The item runs out exactly when it is needed: production stops, emergency purchase at a premium and urgent freight. A single event can wipe out a year's savings.
Want to see the technology applied to your data?
The TRIP™ Proof of Concept runs on your company's materials database and shows, in numbers, what there is to gain.