Company Filing History:
Years Active: 2007
Title: Monty Griffin: Innovator in Spare Parts Inventory Management
Introduction
Monty Griffin, an inventive mind based in Combined Locks, Wisconsin, has made a notable contribution to the manufacturing industry with his innovative patent. His work focuses on optimizing spare parts inventory for manufacturing enterprises, addressing a critical need for efficiency and productivity in this sector.
Latest Patents
Monty Griffin is the sole inventor of a patent related to spare parts inventory management. This patent presents a method for managing spare parts and tools within a manufacturing enterprise. It utilizes historical demand values to statistically analyze and determine optimal stocking levels for spare parts, based on required availability percentages, lead times, and demand distribution. The patent also incorporates planned and preventative maintenance timeframes, allowing parts to be ordered as needed according to lead times. This innovative approach can significantly enhance inventory management by integrating an enterprise-wide computer system, which automates various processes and supports parts management personnel in decision-making.
Career Highlights
Monty Griffin works with Kimberly-Clark Worldwide, Inc., a renowned company dedicated to producing essential consumer products. His role within the organization emphasizes the importance of innovative practices in improving operational efficiency. As he continues to refine his methods, his contributions are likely to influence the future of spare parts management significantly.
Collaborations
Monty collaborates with his coworker Thomas R. Klim, who may offer support and insights that enhance the development and application of their innovative strategies. This collaborative environment fosters creativity and propels advancements within their sector.
Conclusion
Monty Griffin's inventive approach to spare parts inventory management exemplifies the impact of innovation on manufacturing efficiency. His unique patent offers valuable solutions for organizations seeking to optimize their operations. As he continues his work at Kimberly-Clark Worldwide, Inc., his contributions will undoubtedly play a crucial role in shaping the future of the industry.