MRO spend analysis is the practice of looking across every site, system and supplier to see what you really hold, buy and pay for in maintenance, repair and operations materials, then acting on the duplicates, excess and weak suppliers it…
Elevating Digital Transformation with intelligent MRO optimization Manufacturers are keenly aware that a key component of supply chain management is ensuring the right maintenance, repair and operations (MRO) supplies are available for minimizing costly production downtime and ensuring on time…
Supply chain inventory software is the set of tools that supports supply chain processes such as transactions, supplier relations and inventory management, built to make cradle-to-grave inventory management as efficient as possible. Many inventory systems were designed for a world…
Materials management is the process of organizing and controlling the flow of materials through a production system. It encompasses the planning, sourcing, procurement, inventory management, and distribution of materials. To do this effectively, you need the right software. So what…
As an executive deeply involved in helping address our nation’s supply chain problems, it’s been encouraging to see the initiatives being taken by the White House to improve the most critical supply chain issues impacting industry and consumers. In November,…
Most asset-intensive manufacturers carry 20-30% excess MRO inventory yet still get caught by stockouts on the parts that stop production. This guide is the complete playbook: why demand-planning math fails for spare parts, the criticality framework that replaces it, how…
It’s Time to Apply 21st-Century Technology to Fix the Challenges of Supply Chain Management As we enter the final quarter of 2021, hindsight shows us the wide-scale impact organizations have faced as a result of supply chain issues stemming from…
Indirect material optimization is the practice of managing the materials that keep operations running but never become part of the product, such as MRO spares, consumables, tools and supplies, with the same discipline as direct materials. Because indirect materials sit…
Forecast accuracy rarely improves by tweaking spreadsheets. It improves when planning uses better signals – consumption, work orders, lead time changes, and supplier performance. Predictive demand signals help teams anticipate needs earlier, reduce surprises, and balance inventory more effectively. Here’s…
There’s arguably nothing more important in the world of business than working capital. It enables you to pay your staff, invest in assets, and keep your supply chain running. High working capital allows you to run operations efficiently, while a…
