Fårbo Mekaniska Case Study on Inventory Management

This case study details the implementation of CRIBWISE’s cloud-based inventory management software and tool-vending solutions at Fårbo Mekaniska, a machining services provider in Sweden. The company faced significant challenges with its inventory management, including excessive costs and inefficiencies that resulted in operatives spending approximately 2000 hours annually searching for tools. The CRIBWISE solution involved modular software and industrial vending machines that automate tool reordering and inventory management. As a result, Fårbo Mekaniska has reduced its inventory costs by SEK700,000-1,000,000 and improved operational efficiency. The integration of CRIBWISE has also streamlined the purchasing and receiving processes, saving an additional 135 hours per year. The case study highlights the positive impact of digitalization on inventory control and productivity, emphasizing the transition from overstocking to a more controlled and automated inventory system. The managing director notes the significant benefits experienced by employees and the company as a whole.