Managing tail spend is one of the most overlooked opportunities in industrial procurement – but it shouldn’t be. In large, asset-intensive manufacturing organizations, unmonitored MRO tail spend quietly drains millions from the bottom line, bloats supplier lists, and stalls procurement…
For procurement teams responsible for managing Maintenance, Repair, and Operations (MRO) and indirect materials, the reliability and trustworthiness of data are paramount. However, the unfortunate reality for many procurement professionals is that their data often falls short of expectations, leading…
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Procurement professionals responsible for Maintenance, Repair, and Operations (MRO) materials know just how difficult inventory data challenges can make their job. From data discrepancies to duplicate materials to outdated stocking policies, procurement leaders often find themselves grappling with complex issues…
As seen in Forbes. In the world of supply chain management, the winds of technological change are blowing stronger than ever. It’s becoming more evident that purpose-built intelligent applications are increasingly shaping the future of supply chain technology, especially in…
When it comes to efficient procurement, where meticulous inventory management is paramount, Maintenance, Repair, and Operations (MRO) the ability to trust your MRO data can make or break your MRO strategy. Despite this importance, many organizations mistakenly believe that a…
In the complex world of MRO inventory procurement, especially in asset intensive industries like manufacturing, energy production, and oil and gas that are heavily reliant on Maintenance, Repair, and Operations (MRO) inventory, the effectiveness of your tech stack can make…
