MRO Inventory Optimization

One of the biggest areas for ROI in an EAM implementation is in the area of Maintenance Repair and Overhaul (MRO) spare parts inventory. The volume of items, data and transactions required to effectively manage this aspect of maintenance can easily surpass the asset management side of Maintenance. Clients frequently have inventory of over 20,000 SKU's and on-hand values can easily surpass $ 1,000,000 per plant. Not surprisingly, on a scale like this, incremental improvements can have large payoffs. Our experiences and skills can help you make improvements such as:

• Optimizing on-hand balances to free working capital
• Consolidating purchases across requisitions and across plants to decrease transaction costs
• Creating universal item masters across facilities to enable purchasing leverage with suppliers
• Re-organizing storerooms to alleviate duplicate and redundant parts
• Moving to JIT approach to MRO inventory, helping to further reduce on hand balances
• Taking advantage of vendor managed/owned and consignment inventory
• Utilizing e-procurement

If you are looking for the next big improvement in you maintenance operations, and have been considering materials management and supply chain, we are up to the challenge.