The story’s not new. There’s a saying in literature that if you were to look at every story ever written, break them down to their basic components, they pretty much tell the same story over again – star-crossed lovers, the…
As seen on Forbes Food prices are soaring as inflation, product instability, and supply chain delays are causing all sorts of havoc within the food industry. As a result, consumer packaged goods manufacturers and food & beverage companies have to…
For global manufacturers, the real supply chain risks often begin inside the plant – in the storeroom, in the material master, and across disconnected ERP systems. When Maintenance, Repair, and Operations (MRO) inventory isn’t optimized, the consequences ripple far beyond…
Increase data visibility for more accurate insights When your team implements a proper continuous MRO optimization plan into your operations, they often see lower costs through waste reduction, increased productivity, and heightened responsiveness to variability in MRO needs. When you…
As seen on Forbes If the Pandemic crippled the global supply chain, the war in Ukraine knocked it to its knees. The greatest supply chain challenge today is a prolonged Ukraine-Russia war. Beyond uncertainty, it creates barriers in the market,…
These are challenging times in the global auto industry. Constantly rising production costs and supply chain delays brought on by the war in Ukraine have combined to lower automakers’ annual sales forecasts. Final vehicle delivery is at the heart of…
If anything 2022 has brought us so far, it’s more fear, uncertainty and doubt. A year that many believed would return us to some semblance of normality has been anything but as new events and policies bring about yet another…
Supply chain redundancy is rarely intentional. It grows through acquisitions, decentralized buying, and inconsistent master data. Over time, the same parts are purchased under different names, stocked in multiple places, and sourced from overlapping suppliers. This primer explains how technology…
Traditional inventory management can be one of the most painstakingly repetitive tasks for businesses. It is time-consuming, prone to errors, and can divert resources of the business that could have otherwise been used to generate a positive ROI, like building…
MRO costs are often so high that they negatively influence profit margins and prevent company productivity. Your maintenance, repair, and operations (MRO) budget should not take a majority of the proverbial pie, and if it does this is your sign…
