Segmentation Survey of a Surplus Inventory in an Operational Mining Site Located in West Africa
A gold mine located in West Africa would like to sell its surplus materials . The asset has been in production for a decade and an excess inventory has built up over time. Attempts to sell the surplus have been unsuccessful for the past five years. It is urgent to find a solution. This inventory is particularly challenging as it contains 50,000 items across 4,500 references. Methodology I n such cases the best approach is to start with a segmentation survey. This one consists in having a closer look at the materials to assess their physical condition. 1- Items that are in bad condition and not repairable shall be sent for disposal. This prevents spending time, energy, and losing reputation on items that would never find a buyer. 2- Items that are in good condition shall be immediately published. There are different avenues that could yield results within a reasonable time. 3- Items that are in bad condition and are repairable shall be assessed for either bulk sale or refurbishment. Res...