imafs manage your inventory levels with state of the art optimization tools

Imafs.com

Manage your inventory levelswith state of the art optimization tools

Improve your company's performance

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IMAFS works in concert with you to optimize your inventory

Solution oriented on the results

Stock availability management

Best practices in inventory management

Continuous support from our experts

Simplified integration

Proof of concept – evaluation of ROI before implementation

Proven and rigorous implementation methodology

Cloud/SaaS Mode

Continuous improvement and R&D

User friendly and intuitive

Allows to integrate manual parameters when required


Features of our solution


IMAFS calculates optimized inventory parameters on a monthly basis (classes, safety stock, minimum, maximum, lot sizes, forecasts and lead times)

How do we link IMAFS to your transactional system?

Simple and proven interfaces

IMAFS can interface with any type of

transactional system (ERP, CMMS,

WMS)

Collects data from the transactional

system, generate inventory

management parameters and

provides tools


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Iron Ore Company

OBJECTIVE

Reduce the inventories quickly without

decreasing the service level and ensure better

control of items

RESULTS

Inventory reduction of 7% within the first 3

months, without any diminution of service

level

Maintained availability rate of critical items

SOLUTION

Use IMAFS to classify items according to their

criticality and their demand and calculate

optimized inventory parameters (Min Max)

according to this classification and service

objectives

6

Overall, after three years of IMAFS

STOCK

Stock level has decreased by the equivalent

of 20%

PURCHASE

The number of purchase lines has decreased

by almost 10%


SERVICE

Improvement of parts availability from 76% to

94% which resulted in a reduction of the

number of immobilized vehicles by 25%;

equivalent to adding 8-10 new busses on the

road

OBJECTIVE

Increase parts availability while decreasing

overall inventory levels

SOLUTION

Implement user friendly inventory optimization

software to calculate inventory parameters

based on the service objectives by item class

and to follow built-in key performance

indicators

RESULTS

Increased parts availability by 7% in the

first 2 months of utilization and maintained

that service level ever since

Decreased stocking levels by 12% during

the last year by using management and

exception reports on a daily basis to exert

a better control over inventory


Casa Berardi Mine

OBJECTIVE

Optimize spare part stocks for the mine’s start

up and operation

SOLUTION

Implement an inventory optimization software

and follow inventory parameters

RESULTS

Eliminated 78% of all stockouts for parts

with regular purchases and 45% for critical

Reduction of stocking levels by 14% for

items controlled by IMAFS


OBJECTIVE

Reduce inventory levels and identify critical

spare parts

SOLUTION

Create a criticality grid, use IMAFS to classify

items according to their criticality and their

demand and calculate optimized inventory

parameters (Min Max) according to this

classification and service objectives

RESULTS

Inventory reduction of 19% within the first

12 months even though the number of

stocked spare parts increased by 10%

Maintained critical parts availability at

99.9%


Beaufor Mine

OBJECTIVE

Reduce the equipment downtime

SOLUTION

Establish optimized inventory management

parameters based on service objective

RESULTS

The customer improved the availability on

maintenance parts from 60% to 95% in 4

months

Inventory reduction of 13% after 3 years


Drummondville plant

Dashboard


Follow your progress with our elaborate dashboard, an essential and user friendly tool with

much needed key performance indicators

Zoom report


Obtain a complete portrait of your inventories and benefit from our drill down functionality

to answer all your analysis needs

Exception reports


More than 20 exception reports available with ability to customize your own if required

Items information


Savings


↓ 25%; $750,000

↓ 35%; $1,050,000

↓ 50%; $1,500,000

6 12 18 24 30 36$0

$200 000

$400 000

$600 000

$800 000

$1 000 000

$1 200 000

$1 400 000

$1 600 000

Nbr of Months

Savi

ngs

Savings based on an inventory of $5,000,000 with a conservative carrying cost of 20%.

Scenario for 25%, 35% and 50% of Inventory Reduction

imafs manage your inventory levels with state of the art optimization tools

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