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Transcript

Thank You Halliburton

Questions?

Proposal Details: Service plan and schedule

Product where you need it, when you need it

Fastenal Vending Solutions

Detailed Reporting

Service and Equipment

  • Usage by Part
  • Fastenal In-Plant store on site at Halliburton Macae
  • Walk / Wait times for PPE cause 213 lost production hours per month
  • R$39,729 Monthly in lost production value

Slowdowns / Lost Production Value

  • Spend by Part, Employee, Location
  • Approximately 15 vending machines on site
  • Halliburton custom reports available
  • Fastenal stocks 2 months usage
  • Daily vending machine refills
  • Reduced consumption

Lower Costs

  • No walk / wait times
  • Eliminate lost production

time

Process Mapping Results

K e y F o c u s A r e a s :

Large Hidden Costs

  • Difficult to track and/or control usage
  • 60+ work hours lost per month walking to PPE warehouse
  • 160 hours per month spent handing out PPE
  • 148 work hours lost waiting at warehouse for PPE

Project Goal: Eliminate downtime while reducing annual TCO by 30.16%.

Efficient Supply

Fastenal's Proposal

  • Eliminate paper PPE forms

K e y F o c u s A r e a s :

  • Monthly Employee & Consumption Reports
  • Vending supplied PPE at work stations

Timeline & Next Steps

Cost Savings Reporting

The Foundation of Fastenal

Local Inventory

- our people, our solutions, our service -

  • Reduce on hand inventory costs
  • Fastenal in-plant store on site
  • Quick response to demand changes
  • March 21 - March 28: Halliburton reviews & approves pricing
  • Monthly reports detailing Fastenal service activity, and program savings
  • Causes long lines at warehouse

High Volume of PPE Pickups

  • Rush to deliver product leads to missing / inaccurate PPE forms

40+ instructors

18+ training locations

20+ instructor-led classes

260+ online courses

  • March 21 - March 28: Halliburton reviews & approves vending contract
  • April 1: Fastenal begins vending importation, CNPJ process
  • June 1: Machines in Brazil, implementation begins
  • July 1: Store opens, vending live on site at Halliburton
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