The global food supply chain has faced constant challenges over the past several decades, and in particular since 2020. As businesses find their footing in a post-pandemic world, new economic and geopolitical challenges are waiting on the horizon. In this…
Decision support system software for MRO inventory turns scattered data on lead times, criticality, duplication and usage into consistent, ranked recommendations: what to stock, what to reduce, what to transfer and what to buy. MRO teams make thousands of inventory…
As seen in Forbes.Unlocking Supply Chain Efficiency: How Technology and Finance Innovators Are Redefining Inventory ManagementIn today’s manufacturing and supply chain environment, a staggering amount of capital is tied up in inventory and procurement, with trillions of dollars being resourced…
MRO Sourcing Strategies: 8 Tactics That Actually Reduce Cost and Supply Risk What are effective MRO sourcing strategies? Effective MRO sourcing strategies create a deliberate supplier structure, source by category and business need rather than individual request alone, and use…
A bearing that fails twice in five years has no demand history, so every site-level formula says stock zero. This article shows how multi-site manufacturers build an MRO inventory strategy that pools failure data across the network, stocks by criticality,…
As seen in Forbes.How Asset intensive Manufacturers Can Fill the Hiring Gap with Gen Z’ersA discussion with Paul Rogers, CEO, America’s and Asia Pacific of Hexagon Manufacturing Intelligence When you think of modern manufacturing environments, do visuals of flying sparks and…
It isn’t uncommon for many companies today to treat their procurement team and operations team as independent entities. At face value, this procurement-operations divide seems to be the most efficient way to handle two distinct processes. However, separating the two…
Cutting inventory without cutting uptime is a sorting problem: every SKU is either critical, excess, or dead. This article walks the five indirect inventory reduction practices that free working capital while protecting the parts that keep lines running. Key Takeaways…
MRO procurement is the most overlooked line in indirect spend, and the easiest to get wrong. Chase unit price alone and you fragment suppliers, inflate the tail, and still run out of the parts that stop production. This guide lays…
Learn that selecting effective MRO software involves ensuring fast and dynamic results, integrating advanced technology with human expertise, and providing actionable decision support. Focusing on these aspects will drive significant improvements in managing MRO activities.
