Stores are becoming uncommon in the manufacturing or production areas. Production units are already shifted to Just in Time (JIT). In the area of production, which are planned after many researches and self and competitor's experience, we could shift the stores out of the production but mostly went to logistics providers. It means store location and control are shifted from factory premises to vendor locations. But the past decade witnessed that in India the vendor location stores are also getting diminished as the change of technology is enabling them to reduce their inventory level. It is welcoming situation whereas in major overhaul sections, repair sections, daily service section of the products are bound to keep the stores as per previous demands. There is an unhealthy situation that, spare parts, consumables, parts require mandatory changes are stored in high volume in the stores in order to facilitate overhauls and repairs done without any interruption and to avoid production hold up. It is challenging as the staff members give lesser important to downsize the stock. Presently all the stores in major overhaul areas are applying an automatic replenishment system commonly known as ARS, which facilitate with all spares and consumables available at floor site based on the principles of previous consumption and mandatory changes. The major component returns to overhaul floors of for repair require different types of parts. This can be ascertained only when the major product go for strip examination. Recovery and replenishment is based on the inspection only but in order to avoid production holdups, the stores procure the items in advance based on ARS principle. This paper is trying to enlighten about a new system which will be helping the overhaul units and base repair depots to reduce the stores.
Automatic Replenishment System (ARS), Collaborate Planning Forecasting Replenishment (CPFR), Economic Order quantity (EOQ), FNSD-Fast Normal Slow and Dead moving, Manufacturing Resource Planning (MRP II)
