Managing MRO inventory well can mean the difference between costly downtime and smooth, efficient operations. By integrating systems, streamlining procurement, and using real-time data, companies can ...

RALEIGH, N.C., Aug. 10, 2021 /PRNewswire/ -- Companies in mature regions like North America and Western Europe from various industries such as pharmaceutical, automotive, CPG, aerospace, food & ...

In an earlier job, I was the materials manager in a manufacturing facility. A “tool crib” was the repository for office supplies and safety supplies; the bulk of the maintenance, repair, and ...

LONDON--(BUSINESS WIRE)--SpendEdge, a well-known procurement intelligence solution provider, has announced the completion of their latest category management study for an MRO service provider. MRO ...

While many businesses are aware of the need for inventory optimization, the need for MRO optimization is less well-known. MRO stands for Maintenance, Repair, and Operations. This form of inventory is ...

In every factory or distribution center there are materials and services used in production or maintenance to maintain, repair and operate facilities, machinery and equipment. These materials are ...

While companies continually look for ways to improve their balance sheets and generate incremental cash, one frequently undertapped opportunity lies in the area of maintenance, repair and operations ...

According to McKinsey indirect spend has been growing 7% per year since 2011. Indirect material flies under the radar with low-cost items such as the now-ubiquitous PPE or Maintenance, Repair and ...

SEVILLE--With shortages of new and used serviceable material for certain parts, especially on popular engine types such as the CFM56-5B and -7B, airlines are turning to greater use of data analytics ...

When discussing asset performance management (APM), people often focus on the “P,” thinking about how well an in-place production asset is performing. However, to really take a holistic view, ...