In just-in-time (JIT) automotive manufacturing, even a single missing part can trigger production chaos. One overlooked bearing or sensor can halt an entire assembly line – costing millions in lost output, overtime, and emergency sourcing. The problem? Traditional MRO procurement…
Two Hours of Downtime. Millions Lost. One Preventable Cause. Every manufacturing leader knows the story. A mission-critical asset goes down. Production halts. Teams scramble. The financial clock starts ticking. The cause? A single spare part that wasn’t in stock. The…
In oil and gas, downtime is expensive – and avoidable. Yet many asset-intensive manufacturers continue to overstock MRO inventory to hedge against outages, even as capital sits idle, parts expire, and procurement cycles slow. What’s worse? This overstocking still doesn’t…
Manufacturers with sprawling operations are quietly losing millions in MRO inventory waste. Here’s why: each site hoards spare parts in isolation, driven by fear of downtime and the lack of visibility into what other plants have. What results is bloated…
Modern manufacturing leaders know the stakes: misclassify a part, and you either tie up working capital or cripple uptime. But despite billions invested in ERP systems, most enterprises still rely on outdated, manual, or tribal methods to determine MRO parts…
As seen in Forbes. The future of asset-intensive supply chains was a central theme at Hexagon LIVE’s recent global conference for digital reality technology, where 3,000 industry leaders from 59 countries gathered to discuss a critical question: How will AI,…
The Hidden Cost of Duplicate MRO Materials Two identical bearings. Two SKUs. One $50,000 mistake. This is the reality for enterprise manufacturers managing millions of parts across disconnected ERP systems. Duplicate MRO materials silently inflate working capital, drive procurement inefficiencies,…
MRO stocking strategies in oil & gas are how energy companies ensure they have the right parts, at the right time, without overspending on excess inventory. Oil & gas operations depend on uninterrupted uptime, but bloated MRO inventories and siloed…
What Are Duplicate MRO Materials? Duplicate MRO materials occur when the same physical part is recorded multiple times across ERP or plant systems under different SKUs or descriptions. This inflates inventory, drives unnecessary procurement, and hides stock availability. Takeaway: Eliminating…
The Spend No One Owns – But Everyone Pays For It’s not on your strategic supplier list.It’s not in your quarterly sourcing dashboard.And it’s not showing up in savings reports. But it’s bleeding your P&L. Random one-off purchases. Unapproved vendors.…
