Why Trusted Supply with Verusen’s Founder, Paul Noble
Category Blog
Strategies for Choosing the Right MRO Vendors
To stay ahead of a competitive market and keep operations costs low, procurement teams need to maintain strategic vendor relationships that offer reliable quality while maintaining service level agreements. It all starts with creating a shortlist of reliable vendors, a…
Implementing MRO solutions and optimization tools to harmonize ERP system
In today’s complex and fast-moving supply chain landscape, it no longer makes sense for businesses to stagnate with primitive or manual optimization systems. Businesses require efficient and effective solutions to manage their operations and processes in order to stay ahead. …
Putting Together an Effective MRO and OEM Supply Chain
Maintenance, Repair, and Operations (MRO) and Original Equipment Manufacturers (OEMs) management are two critical components of any supply chain. While MRO focuses on the optimal performance of complex machinery and equipment, OEMs are responsible for the design and production of…
Spend Taxonomy: What You Need to Know To Keep Costs Low
Is inefficient spending starting to impact your profitability? If you’ve answered yes to this question, then it’s high time that you conduct a comprehensive spend analysis to identify cost-saving opportunities and optimize every dollar spent. Spend taxonomy is a crucial…
Why You Need to Consolidate Your Vendors and How To Start
It’s normal for procurement processes to become more complex as businesses grow. However, without strategic oversight and careful management, this can spiral into the development of a long list of vendors, duplicated spending, growing tail spend, and high operational costs. …
From Reactive to Proactive: How to Address Tail Spend Opportunities in your MRO Practice
For many procurement teams, keeping tail spend under control is a massive challenge with a lot of pressure tied to it. While tail spend is a natural byproduct of procurement teams focusing solely on strategic categories which often represent ~80%…
American Supply Chains: “We’re Just Getting Started”
As seen in Forbes. When President Biden delivered his State of the Union (SOTU) address to Congress in February, tech and manufacturing business leaders were looking for encouraging words from the president. Fortunately, he delivered direct mentions regarding American initiatives…
MRO Management Strategies to Keep Manufacturing Processes Efficient
A strong procurement strategy is an integral part of a resilient MRO strategy. If your business isn’t equipped with the right people and tools to implement strategies to optimize the purchasing, sourcing, and distribution processes, things can quickly get out…
Maximizing Efficiency Through Supply Chain Automation: An Industry-Led Approach to Monitoring Business Effectiveness
Today’s supply chain and its multitude of parts and processes are undergoing significant changes. Although it’s tempting to stick with traditional systems and management methods, to stay ahead of a competitive market, businesses need to adapt quickly. Advancements in technology…