Cominco's computerized inventory control system

"The authors describe the use of a computer system for the control oj warehouse inventory at Cominco's Canadian operations. The challenge presented by the company's diverse products and various locations necessitated a practical approach to operational and manpower requirements. The utilization of modern forecasting techniques, manual intervention and exception reporting provides system flexibility. The system also provides both operational and management control to set required service goals at the lowest inventory levels for inventory management.IntroductionCominco Ltd. is a Canadian company, with international operations, the principal business of which is zinc, lead and chemical fertilizer s. Its involvement is fully integrated and range s from mineral exploration through mining, smelting, refining and by-product production to international marketing. It also embraces related services, including trade, wharfarge and power. With head office in Vancouver, it is involved, directly or through subsidiary or associated companies, in Canada and in the United States, Greenland, Europe, Australia, India and Japan.Cominco has over 12,000 employees and 26,000 shareholders, with 91% of all shares held in Canada.Cominco's Inventory Control System is one of the most extensively used computer systems employed by the company. Also, inventory control is regarded as one of the most economically successful computer applications to be undertaken by the Data Processing Services (D.P.S) Group that was responsible for the development of the Inventory Control System.The main use of automatic inventory control has been at operating plants in Western Canada and the Northwest Territories, which are separated by large distances. Each location has equipment-intensive mining and processing operations and it is essential to maintain control of parts and supplies inventories. Some of these locations are remote from urban and industrial centres and it is important to avoid the adverse effects of high personnel costs and re-training due to turnover."