June 4-6, 2019 | Calgary, AB
Manuel Reyes Ferras, Manager, SCM Materials Processing at Suncor

Manuel Reyes Ferras

Manager, SCM Materials Processing

Check out the incredible speaker line-up to see who will be joining Manuel.

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Main Conference Day One: June 5,2019

Wednesday, June 5th, 2019

11:15 AM Risk Based Inventory Management for Asset Intensive Industries

Inventory management teams and inventory users (i.e. Maintenance and Reliability) often have difficulty in managing conflicting goals. While the inventory management team is looking to constantly right-size inventory, inventory users are potentially asking for additional inventory to manage risk or emergencies. Using Risk Management at asset level as common dimension for both groups makes it possible to create a Risk Based - Differentiated Inventory Model. Allowing for better alignment by delivering different treatment to inventory spares depending on how critical they are. It also facilitates coordinating changes in inventory spares levels along the Asset Life Cycle.