The Essential Guide to Tail Spend Management Solutions Managing tail spend in MRO procurement is a common challenge that can have a huge impact if left unchecked. For MRO (Maintenance, Repair, and Operations) professionals, getting control of tail spend means…
7 Best Practices for Managing Critical Spare Parts in MRO Managing critical spare parts effectively is essential for ensuring the seamless operation of Maintenance, Repair, and Operations (MRO) inventory. However, the challenges surrounding critical spare parts management can often lead…
8 Tips To Optimize Your MRO Sourcing Strategy Optimizing your MRO (Maintenance, Repair, and Operations) sourcing strategy is key to keeping your organization competitive and efficient. MRO inventory sourcing covers everything from procuring essential materials and parts to ensuring safety…
How AI Removes the Need for MRO Data Cleansing in Inventory Management All asset-intensive organizations and manufacturing enterprises understand the importance of maintaining quality MRO (Maintenance, Repair, and Operations) inventory data so they can accurately manage critical spare parts and…
2024 Report | Future Strategies for MRO Inventory Optimization Unlock New Insights from Procurement & Operations Leaders Discover the latest challenges and opportunities in MRO materials and parts management, based on a survey of 250 industry leaders. What You’ll Learn:…
As seen in Forbes. Effectively managing maintenance, repair, and operations (MRO) inventory is one of the many significant challenges for asset-intensive enterprises. Companies often seek MRO improvements through a project-based lens, like hiring a third party to conduct a basic…
Use Case | MRO Inventory Optimization for Mining Verusen’s AI helps leading mining enterprises identify significant working capital optimization & risk reduction opportunities 10-20% Average working capital reduction $20M Average cost avoidance/savings 2-3X Guranteed return on inventment 30 Days Kick-off Length…
