Achieving strategic MRO inventory optimization is a significant challenge for both procurement and maintenance professionals. The reliance on manual processes makes finding the right stocking levels for MRO inventory seem nearly impossible. Furthermore, when strategic MRO inventory optimization is not…
As seen in Forbes. Avoid the ‘Trough of Disillusionment’ to Find Real Value At Gartner 2024 Supply Chain Symposium, Tom Enright, Gartner’s VP Analyst of its supply chain practice, advocated for CSCOs to continue the momentum gained during the pandemic…
8 Best Practices to Optimize Your MRO Inventory Strategy Are you an MRO manager, procurement expert, or maintenance and reliability professional struggling with inventory inefficiencies, unplanned downtime, or misaligned incentives between departments? If so, you’re not alone. Many asset-intensive industries…
As seen in GlobeNewswire Verusen Expands into Exciting New Vertical Markets Globally; Appoints MRO Industry Veteran Jeremiah Woodford as CRO; Broadens Executive Sales Leadership With Additional New Hires ATLANTA, GA — May 21, 2024 —Verusen, the industry leader driving AI-powered…
Customers have come to expect businesses to have the products and services they need on-demand and built with the utmost quality. To ensure customer satisfaction, companies must mitigate MRO inventory management risks within their MRO supply chain to ensure…
As seen in Forbes. Risk and Reward Through MRO: How AI is Tackling Manufacturing’s Billion-Dollar Parts Problem Industrial manufacturers producing on a global scale are often in a flurry of motion, pulling different levers for their businesses, working to automate…
Written in collaboration with V-LINE. For Maintenance, Repair, and Operations (MRO) procurement and inventory management, improving efficiency is the cornerstone of success. From managing multiple resources to ensuring seamless production, every aspect of MRO demands meticulous attention to detail. However,…
In the intricate world of procurement and inventory management, especially in managing Maintenance, Repair, and Operations (MRO) and indirect materials, a one-size-fits-all solution simply doesn’t cut it, yet so many organizations continue to rely on technology systems that weren’t built…
Webinar | Missing the Mark: How Your Current Tech Stack is Holding Your MRO Strategy Back As an asset intensive organizations, you’ve likely invested in a tech stack to help streamline M&A events, remove data silos, boost collaboration, and increase…
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…
