Importance of Inventory Management
Sapna Chand
Business Executive- Oil & Gas, Power Generation at Minimac Systems Pvt Ltd. (Oil Purification Equipments)
Inventory management & identification plays a vital role in machinery and plant maintenance. Proper identification tags should segregate the oils concerning their shell life and usage location.
Product labeling can be used to identify the following:
1.?Purchase & Delivery Date: The label should mention the date of the purchase & delivery date of lubricants.
2.?Product Name: It should also mention product name, brand, manufacturer
3.?Quantity: It should also mention the quantity.
4.?Storage Location:?It should also mention the storage location of the lubricants.
The products should be used in the same sequence as they are brought into inventory.
(1)?FIFO: First in, lubricants should be used according to the date they are brought into the storage house.
We can enhance the life of plants and machinery through proper maintenance, storage, and marking of lubricants.
To provide the best solution for your maintenance needs, Minimac studies your requirements.?We believe in?Discern, Design & Deliver.
Contact us at +917030901267. Email Us at [email protected] for Mechanical Maintenance & Oil Check.