Inventory Management Workshop

Inventory levels at most all of our nuclear facilities continue to grow while economic pressures would dictate better uses of the financial resources. In fact, a reduction of inventory levels is desired without inappropriately increasing operational risk to the sites. Complicating the equation on balancing of risk is the increasing obsolescence of materials, a declining supplier base, digital influx in the I&C arena, and loss of utility inventories as plants close. This session will be a workshop in which various inventory management related topics will be discussed with the goal of a white paper for utilities to use as a reference document for individual inventory optimization programs. In addition, the results of this workshop will also be reviewed at the annual Nuclear Supply Chain Strategic Leaders (NSCSL) conference to be held later this conference week. Topics to be discussed are inventory reduction success examples, use of “repair warehouses,” critical spare identifications, End-of-Life stocking algorithms, and other issues now confronting our inventory managers.

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