LOMA Construction Inc. was formed in 2011 by merging two separate mechanical companies from Saint John, New Brunswick, Canada. Lorneville Mechanical & Master Mechanical came together to form one company to capitalize on their expertise and pursue a large project in Newfoundland, Canada. LOMA is a leader in providing value added construction and fabrication services where safety, leadership, quality, and trust are unalterable values.
LOMA took its expertise to Long Harbour, Newfoundland for a contract in the construction of a new nickel processing plant located 95 kilometers west of St. John’s, Newfoundland. LOMA was awarded the contract by KBAC Constructors to assist with construction on site at the processing plant. With a project budget of $3 billion dollars, the project is expected to generate approximately 5,750 person-years of employment during construction and employ 475 people once completed.
Without a local facility in Newfoundland, LOMA required a secure supply chain solution to manage their tools and consumables for this remote project. In addition to storage, LOMA needed to order inventory and also manage, store, and track the rebuys to ensure they always had supplies on hand. The LOMA companies pride themselves on exceeding productivity expectations, so having the tools and consumables readily accessible 24/7 was essential.
Source Atlantic proposed a mobile store supply chain management solution – a fully-stocked, retrofitted (i.e.: insulated, heated) software-managed mobile container to house, issue, and receive product. This mobile store was strategically placed on the Vale Inco. site to ensure 24/7 access. Items are distributed over the “issue counter” using CribMaster’s Tool Crib vending software, where employee, date, and item details are logged. LOMA is invoiced monthly for only those products used, triggering Source Atlantic to issue a replenishment shipment to the container. Source Atlantic continuously works with LOMA staff to improve this process. Initially there were 200 items; however, as employee and project needs changed, the item count was adjusted to 300 stocked items. The container serves over 150 employees with unlimited daily transaction volume.
Source Atlantic’s Supply Chain Solutions for LOMA have been a huge success. LOMA management doesn’t have the stress of inventory control or purchasing, giving them the opportunity to focus on the task. Since LOMA management has also pointed out that there is opportunity to sell these products to other contractors on site as well, the demand is there. Work order numbers could easily be tracked for ease of cost management, adding even more value to this solution.
Could your company capitalize on a mobile store with inventory management capabilities, or perhaps one of the two? Contact us to learn about our many solutions capabilities. From analyzing your entire process to implementation and on-site set up, Source Atlantic has a broad spectrum of supply chain solution capabilities.