Improving Materials Management With Digital Data Tracking

Challenge

A large oil and gas company aimed to improve materials management and gain better metrics around product usage and consumption. Existing materials were managed in CONEX containers using traditional barcode replenishment scanning, leading to stockouts, inefficiencies and manual oversight. The customer required a touchless environment with real-time data without utilizing camera technology.

Solution

Wesco’s Customer Materials Management (CMM) sales engineering team, in collaboration with local and global Wesco teams, implemented RFID and weighted bin technology for real-time data analytics. The solution integrated with Wesco’s FlexHub dashboard, providing visibility into on-hand inventory, stockouts, and branch inventory. This touchless solution automated reordering and improved inventory accuracy, meeting the customer’s unique requirements.

Through these integrated solutions, we were able to help the customer:

•       Eliminate stockouts in point-of-use (POU) storerooms

•       Enhance service delivery to the business

•       Expand digital footprint to ensure supply, control cost, and drive efficiency

•       Increase accuracy of data and information

•       Reduce lost time and materials with a secure, centralized solution

•       Reduce oversight from local Wesco team

•       Reduce POU inventory oversight and manual processes

Result

By implementing RFID and weighted bin technology we were able to help the customer eliminate stockouts within the first 90 days, while decreasing labor hours by 40% and increasing storeroom efficiency by 70% through a 45% improvement in organization. With enhanced data visibility accessible with the Wesco FlexHub dashboard, the customer was also able to assess impacts and drive additional cost management opportunities, improving internal efficiencies and enhancing service delivery.