MRO Resource Consulting
Maintenance, Repair, and Operations (MRO) Inventory Can Often be 20-40% of Purchases
Maintenance, repair, and operations (MRO) inventory can often be 20-40 percent of purchases. Rarely are these supply purchases managed with the same scrutiny as production materials. Improving practices in MRO inventory management can help companies drop more profits to the bottom line.
AMSS programs can develop best practices in your MRO inventory management by performing an initial value assessment. Simply reviewing current practices with an AMSS consultant will likely identify small changes that can yield big savings. Such actions as performing a purchases frequency, price, and supplier analysis with input from critical operations and maintenance personnel will lead to significant results.
Other efforts to improve could include supplier engagement for education and training that will point out ways for decreasing use of repairs, better choices of newly innovated materials or procedures, and alternate products that offer better performance. When the supply chain becomes a partner in performance rather than a responder to your buying needs, amazing progress is made with reliability and cost reduction.
Choosing an effective Inventory control system or adopting critical inventory practices with an in house central MRO will improve the effectiveness of all the maintenance staff. AMSS can provide temporary or full time permanent staff that have been trained with these skills. Contact us to find out more.