Optimizing safety stock of MRO and spare parts requires understanding different variables that work together to keep your manufacturing operations running. Without a deep understanding of how these moving parts work, and close monitoring of their progress, it can be…
Verusen’s Trusted Supply for Industrial Suppliers and Distributors With each customer having a unique way for describing materials, even within their own business units, the variations between customer materials data and supplier catalogs puts a large burden on suppliers to…
Stop Relying on Manual Processes for MRO and Indirect Materials Management Optimizing your MRO and indirect materials is a complex task, but it doesn’t need to feel impossible. The tools to harmonize your MRO data are out there. Now is…
Smooth MRO strategies are the backbone of any resilient and cost-efficient operation, but this is especially true for those in the aviation industry. However, between creating and preserving reliable procurement relationships and managing inventory, this can prove a challenge. To…
To stay ahead of a competitive market and keep operations costs low, procurement teams need to maintain strategic vendor relationships that offer reliable quality while maintaining service level agreements. It all starts with creating a shortlist of reliable vendors, a…
In today’s complex and fast-moving supply chain landscape, it no longer makes sense for businesses to stagnate with primitive or manual optimization systems. Businesses require efficient and effective solutions to manage their operations and processes in order to stay ahead. …
Maintenance, Repair, and Operations (MRO) and Original Equipment Manufacturers (OEMs) management are two critical components of any supply chain. While MRO focuses on the optimal performance of complex machinery and equipment, OEMs are responsible for the design and production of…
Is inefficient spending starting to impact your profitability? If you’ve answered yes to this question, then it’s high time that you conduct a comprehensive spend analysis to identify cost-saving opportunities and optimize every dollar spent. Spend taxonomy is a crucial…
