How AI is a Game Changer for Fortune 500 Manufacturer’s MRO Inventory Optimization
MRO (Maintenance, Repair, and Operations) inventory optimization remains a significant challenge for many manufacturers, despite its critical importance. One Fortune 500 company faced recurring losses, writing off nearly $100 million worth of MRO inventory every five years. Determined to end these costly write-offs, they turned to an innovative AI solution. This technology allowed them to optimize their inventory using their existing MRO data, without needing extensive data prerequisites. As a result, they successfully right-sized their inventory and eliminated these recurring financial losses.
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