Corus Consulting optimizes inventory management in Irkutsk Oil Company

On July 12, 2019 the CORUS Consulting company announced the beginning of the project on process automation of logistics in Irkutsk Oil Company (IOC). The information system of the customer based on 1C: Manufacturing Enterprise Management is waited by serious upgrade as a result of which the number of deliveries of MTR with deviations on terms will decrease, the accuracy of solutions on management of warehouse stocks will increase.

Rapid growth of INK created need for review of methodology of replenishment action of materials. A project objective – to adjust accomplishment of delivery time, to optimize warehouse stocks.

On start of the project the company carried out large-scale analytical and methodological work on inventory management of the material resources (MR). Nomenclature categorization algorithms ABC/XYZ/FMR were developed, the replenishment action technique depending on cost and regularity of deliveries is defined. Pilot calculations for the limited list of nomenclatures and a range categorization successfully came to the end. Expansion of the list of the filled-up materials and automation of the developed methodology will become the next stage.

For design and completion of an information system based on 1C: Manufacturing Enterprise Management the management of INK invited specialists of Corus Consulting. Experts of Corus Consulting automate methodology of providing MTR: calculation will happen on the basis of the current reserves of material and its analogs, resources in way, data on stability of demand, rules of replenishment and a number of restrictions. Updating of an information system based on 1C: Manufacturing Enterprise Management will allow INK to optimize the level of warehouse stocks of MTR, to reduce excess storage and to minimize labor costs when implementing the corresponding functions.

"The upgraded platform will become an integral part of work of all directions of our activity, especially those which concern investigation of fields and investment and construction activity. Within a pilot project of a position of the critical nomenclature were taken under control. Regular monitorings show that the level of these materials in warehouses aims at optimal", noted Mikhail Larin, the deputy CEO for supply, transport logistics and warehouse economy of INK LLC

"Preserving of flexibility of a system and controllability of business processes when adding tools was the important requirement of the customer. The project team managed to save the customized components of a system and to competently add it with opportunities which will help INK to make decisions on optimization of warehouse stocks", noted Nikolay Mokretsov, the director of business development of department of ERP of CORUS Consulting Group