Cost Reduction of Stock Materials.
Time spent: 4 weeks.
An aircraft engine supplier processed rather expensive sheet material (R41-Nickel Alloy, Titanium Grade 5). Sample material for welding examination was kept in stock in its final dimensions. To anticipate mixing, each sample was coded. Average cost of sample stock material was over 200 k€.
The supplier was urged to reduce costs.
Hans van Veen advised the company to keep long strips in stock, instead of small samples and to wait with the final cut until it was necessary.
The final cut could be carried out much cheaper in their own workshop. The amount of test material in stock could be reduced significantly. They saved on the costs for coding. The annual savings became 80 k€.