Squirrel Stores Removal Initiative

Client: BMA Saraji Mine

Duration: 12 Months

A Wisely team was engaged by a major mining business to undertake a squirrel store removal initiative. The objective was to eradicate non-warehouse controlled stock, and also assist with the clean-up and redesign of the departmental laydown areas.

Approach:

• Engaged directly with Stakeholders using a formalised process to walk through areas under their control;
• Identified parts and equipment that could be returned to the warehouse for stock credit
• Identified parts for overhaul or service exchange
• Identified any scrap
• Identified what could be relocated to the site Auction Pad for later sale

Highlights:

• ~$10m was returned to the warehouse for stock credit.
• Direct purchase items were reduced by 72%.
• Stock and Purchase on Demand materials were reviewed.
• Storage space was cleaned up and reallocated to the w/house.
• Task lists were reviewed to remove incorrect parts.
• Unused serviceable items were returned to OEMs.
• Cores were returned for credits.
• Stock material min/max levels were reviewed.