Maintenance, Repair, and Operations tail spend may seem insignificant, given that it only accounts for 20% or so of a manufacturing business’s MRO budget. But because organizations require are so...
How MRO Management Helps Solve Inventory and Stock Location Issues
Manufacturing businesses have long struggled with MRO stock location optimization and other inventory logistics challenges. Businesses must know where maintenance, repair, and operations materials are stored, the quantities available, and...
Overcoming Sourcing and Payment Issues with Source to Pay Processes
Organizations are constantly seeking ways to streamline their operations and reduce costs. One area that has seen significant innovation is the source-to-pay (S2P) process, which encompasses everything from strategic sourcing...
6 Critical MRO Supply Chain Metrics You Should Be Tracking
The reliability of your MRO supply chain partners and the efficiency built into supply chain processes can make or break your business. By tracking the right metrics, you can ensure...
Understanding the Cost of Asset Downtime and How to Minimize It
Asset downtime can have a significant impact on an organization’s bottom line, resulting in lost productivity, revenue, and increased maintenance costs. When critical assets break down, production comes to a...
How to Leverage Source to Pay Solutions in Your MRO Strategy
Few activities bear as heavily on a manufacturing or retail business’s success as the procurement and payment function. Source-to-pay (S2P) solutions dictate the price and terms of raw materials, the...
Why Organizations are implementing Purpose-driven Digital Supply Chain Solutions to Future-proof
The COVID-19 pandemic highlighted the world’s lack of readiness to manage through a global supply chain crisis and the need for digital supply chain solutions and management strategies that reduce...
How Retail Building Maintenance Will Transform Your Business
As shoppers flock back to physical stores, they demand the same convenient, frictionless experience they can get online. To deliver, retail shops and malls need a system to keep operations...
It’s an MRO New Year: 3 Ways to Meet Maintenance Performance Goals for 2022
Posted by on Mon, 01/24/2022 Bad data, incorrect inventory, unreliable storeroom procedures…all kept maintenance teams from hitting their performance goals in 2021. In today’s market, with continued supply chain disruptions,...
