MRO Spares

Are your inventory costs out of control? Is dust collecting on your current parts catalogue? Can’t decide which spares you need to stock?

Avoiding downtime is one of the biggest concerns facing manufacturing organizations. Having the right strategy for managing spare parts and inventory is an important component of the overall asset management approach. Failing to address this with a structured, comprehensive methodology can add significant cost to a business.

Maintenance, Repair and Operations (MRO) parts often costs can represent up to 20% of total enterprise spend and account for more than 50% of all indirect purchasing. Many organizations try to limit the impact of equipment downtime by storing critical spares onsite, but which parts should be held and what are the costs associated with holding them onsite? It’s a delicate balance between holding what you need and limiting costs while keeping equipment running.

We offer an Inventory Rationalization and MRO Spares improvement program that will determine which parts should be kept in inventory in the right quantity based on factors such as lead time, material cost, material demand, and equipment reliability. Our structured methodology is data-driven and leads to several benefits for your plant, including:

• Decreased downtime from fewer breakdowns
• Less money tied up in spare parts inventory
• Reduced spend on MRO parts
• Extended asset life
• Enhancing maintenance efficiency

Our services include:

• MRO Parts Rationalization
• Inventory Optimization
• MRO Procurement and Sourcing (Channel partners providing reliable and cost-effective supplies to run your operations 24X7)
• Value Added Services
• Automation and Maintenance Spares