Supply Chain Optimization for Epoxy Resins & Coating Materials at Roto Polymers and Chemicals, Chennai

Abstract

The objective of this study is to analyze the material management and supply chain used at Roto Polymers and Chemicals to understand the material storage, control and handling methods used to deliver good material management. It studies aspects of the procurement, storage and delivery of key materials like epoxy resins and coating products, and highlights common problems associated with material flow, stock availability and warehouse management. From the company records and the company operational activities, data are gathered and analyzed using analytical tools like ABC analysis and Pareto analysis which categorizes inventories according to value and importance to prioritize critical inventory items. The study also assesses the efficiency of present process to pinpoint delays, inefficiencies and improvement points. From the analysis, suggestions for improvement have been provided which will help to improve the performance of the supply chain in the organization in terms of better control of inventory, minimization of wastage, better coordination among different departments and cost optimization and ultimately lead to better operational efficiency.