Future Strategies for MRO Inventory Optimization
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:…
8 Best Practices To Optimize Your MRO Inventory Strategy
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…
Verusen Named to Inc. 5000 List for 2024
Use Case | Global Mining Enterprise
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…
Use Case | MRO Inventory Optimization for Oil & Gas
Use Case | MRO Inventory Optimization for Oil & Gas Verusen’s AI helps Oill & Gas enterprises identify significant working capital optimization & risk reduction opportunities 10-20% Average working capital reduction $20M Average cost avoidance/savings 2-3X Guaranteed return on investment…
Use Case | Global CPG Manufacturer
Use Case | Fortune 500 Global CPG Company Download Case Study Verusen helps Fortune 500 Global CPG company identify $59M+ in working capital & risk reduction opportunities 4 Minutes Average time spent reviewing material recommendations $14M Verified savings realized $59M…
Use Case | Fortune 500 Industrial Equipment Manufacturer
Case Study: Fortune 500 Industrial Equipment Manufacturer Download Case Study Verusen helps leading Industrial Equipment manufacturer identify $20.9M in savings opportunities without increasing risk $20.9M Identified reduction opportunities $55K/hr Verified reductions in first 6 months ~2000 Materials identified at risk of…
How AI is a Game Changer for Fortune 500 Manufacturer’s MRO Inventory Optimization
How AI is a Game Changer for Fortune 500 Manufacturer’s MRO Inventory Optimization MRO (Maintenance, Repair, and Operations) inventory optimization remains a significant challenge for many manufacturers, despite its critical importance. One Fortune 500 company faced recurring losses, writing off…
Key Insights for Managing MRO Suppliers & Procurement Strategies
It isn’t uncommon for many companies today to treat their procurement team and operations team as independent entities. At face value, this procurement-operations divide seems to be the most efficient way to handle two distinct processes. However, separating the two…