Bharat Forge Limited (BFL), the Pune based Indian multinational is a technology driven global leader in metal forming having transcontinental presence across nine manufacturing locations, serving several sectors including automotive, power, oil and gas, construction & mining , locomotive, marine and aerospace. Part of Kalyani Group - a USD 2.5 billion conglomerate with 10,000 global work force; BFL today has the largest repository of metallurgical knowledge in the region and offers full service supply capability to its geographically dispersed marquee customers from concept to product design, engineering, manufacturing, testing and validation. The world's largest forging company with manufacturing facilities spread across India, Germany, Sweden and France.

For Machined component Division-II, We classified the Spares & other components into 3 categories. They are A Item, B Item, and C Item.

We found that there are several Items which are seen to be of high Rupee consumption volume usually include 10-20% of all inventory items, and account for 50-60% of the total Rupee consumption volume. We categorized them under” A item Category”.

We found that there are Several Items which are those that are 30-40% of all inventory items, and account for 30-40% of the total Rupee consumption volume of the inventory. These are important, but not critical, and don't pose sourcing difficulties. We categorized them under “B Item Category.”

We found that there are Several Items which are those items account for 40-50% of all inventory items, but only 5-10% of the total Rupee consumption volume. Characteristically these are standard, low cost & readily available Items. We categorized them under “C Item Category.”

This helps them to manage their resources (Man, Money, Material, and Space) wisely.