Synovos

DECEMBER 5, 2023

The challenges: then and now Initially, the client didn’t have the capacity or experience to manage MRO in-house. To make this approach work, and avoid either shortages or holding too much stock, the RS Integrated Supply team needs to clearly understand both the client’s operations and the MRO supply chain. US Food Mfg.

Manufacturing Procurement 52

Manufacturing Procurement Food Purchasing Skills Supply Chain Software 52

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Here we give you a complete guide to MRO, from what it is, to what sort of items it covers.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

The Smart Software

JANUARY 17, 2023

The post 7 Digital Transformations for Utilities that will Boost MRO Performance appeared first on Smart Software. A utility that executes these processes effectively will outperform its peers, provide better returns for its investors and higher service levels for its customers, while reducing its environmental impact.

Inventory Management Software 79

Inventory Management Software Forecasting Forecasting Software Demand Planning Software 79

Synovos

FEBRUARY 21, 2023

I have spent a great deal of time talking to engineers, maintenance and procurement professionals involved in MRO,” says Will Brummett, Vice President of Sales, North America, for RS Integrated Supply. “I MRO…can be difficult to manage The challenge? I have learned a lot about the challenges they face.” Balancing costs. The solution?

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Inventory Reduction Price Reduction 52

The Network Effect

FEBRUARY 22, 2018

Maintenance Repair and Overhaul (MRO) businesses are set to witness stunning growth over the next few years. The post 5 MRO Supply Chain Challenges Aviation Companies Need To Prepare For appeared first on The Network Effect. However, the aviation.

Company 130

Company Supply Chain Supply and Demand 130

RFgen

MARCH 15, 2021

Mobile work order management for MRO helps you streamline maintenance activities to reduce unexpected downtime and cost. Key benefits of mobile apps for digital inspections and WOM include: increased technician productivity, reduced costs, reduced maintenance backlogs and increased MRO inventory efficiency. Reducing insurance premiums.

Inventory Reduction 82

Inventory Reduction Cost Reduction Strategies Expense Reduction Inventory Management Software 82

Synovos

DECEMBER 5, 2023

The challenges: then and now Initially, the client didn’t have the capacity or experience to manage MRO in-house. To make this approach work, and avoid either shortages or holding too much stock, the RS Integrated Supply team needs to clearly understand both the client’s operations and the MRO supply chain. US Food Mfg.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Purchasing Skills Optimal Sourcing 52

Supply Chain Brain

NOVEMBER 15, 2023

The state of the economy and the mounting push to digitize supply chain processes are driving a creative approach to maintaining the integrity of your company's item master.

Supply Chain 134

Supply Chain Company Supply and Demand 134

RFgen

MARCH 15, 2021

Mobile work order management for MRO helps you streamline maintenance activities to reduce unexpected downtime and cost. Key benefits of mobile apps for digital inspections and WOM include: increased technician productivity, reduced costs, reduced maintenance backlogs and increased MRO inventory efficiency. Reducing insurance premiums.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Inventory Management Software 52

Synovos

JUNE 1, 2018

At Synovos, we deal with MRO data every day (see Master Data Leadership SM ). If you’re involved with your MRO supply chain you’re likely aware of the relationship between data and MRO, or more precisely, data quality and accuracy and MRO. The post Data Quality and Accuracy and MRO? appeared first on Synovos.

Quality 71

Quality Data Modeling Manufacturing 71

Supply Chain Game Changer

NOVEMBER 5, 2019

In the world of Procurement and Operations one of the phrases that you will frequently come across is “MRO” But many people throw around the term without truly understanding what it means, and how important it truly is for the ongoing, and successful, operation of any company. What is MRO? What is MRO?

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

RFgen

DECEMBER 12, 2018

A survey from the Peerless Research Group found that 94-percent of respondents considered maintenance, repair and operating (MRO) supply to be important to their organizations. In fact, 43-percent of organizations spend less than 3-percent of supply chain spending on MRO. LEARN MORE: Digital transformation in MRO ».

Inventory Reduction 52

Inventory Reduction Inventory Predictive Analytics Software Optimization Software 52

Synovos

FEBRUARY 28, 2020

Technology is forever changing how companies manage the MRO supply chain. This webinar defines the true integrated supply chain – one where technology breaks down old silos, allowing the sharing of information (re: data) that can transform how physical assets are maintained and MRO materials sourced.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Material Savings 52

RFgen

FEBRUARY 7, 2019

In this article, we will explore how maintenance, repair and operations/overhaul (MRO) can benefit from digital transformation, including: Why you should digitize your MRO and enterprise asset management (EAM) practices. Managing the complexities of MRO is nothing short of challenging. Maximizing Uptime Through MRO Digitization.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Predictive Analytics Software 52

The Smart Software

MARCH 18, 2024

MRO organizations exist in a wide range of industries, including public transit, electrical utilities, wastewater, hydro power, aviation, and mining. To get their work done, MRO professionals use Enterprise Asset Management (EAM) and Enterprise Resource Planning (ERP) systems. These systems are designed to do a lot of jobs.

Forecasting Software 90

Forecasting Software Analytics Software Optimization Software Inventory Management Software 90

Vanguard Software

SEPTEMBER 11, 2019

Stochastic forecasting and cloud-based planning help AIOs and MRO providers reduce spare parts inventory while keeping machinery running smoothly.

Forecasting 51

Forecasting Supply Chain Planning Scenario Planning Inventory Reduction 51

Synovos

OCTOBER 30, 2018

They all struggle with the MRO supply chain and managing critical MRO spares. They understand that MRO spare parts play a role but they are unsure where to start. During the presentation Steve discuss how improperly managing critical MRO spares impacts a company’s drive to establish effective plant reliability programs.

Pharmaceutical 40

Pharmaceutical Manufacturing Procurement Chemicals Conference 40

Synovos

NOVEMBER 14, 2017

While he never characterized it as predictive MRO inventory management, for years Synovos’ own George Krauter evangelized about how MRO storerooms are “Fat” with excessive spare parts. Here is his premise: in a typical company-owned MRO storeroom, 90% of all parts account for about 6% of the inventory value.

Inventory Management 40

Inventory Management Inventory Reduction Inventory Agile and Lean Supply Chain 40

Synovos

JANUARY 24, 2024

RS Integrated Supply Joins Minority Supplier Development UK WARRINGTON, UK / RADNOR, PA 23 JANUARY 2024 – RS Integrated Supply, a global MRO supply chain management services company, announced it has joined Minority Supplier Development UK (MSDUK) as a corporate member as part of its commitment to growing a diverse supplier base.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Purchasing Skills Optimal Sourcing 105

Synovos

JANUARY 16, 2020

MRO supply chain management drains resources, whether it is staffing required to manage the physical storeroom, time to process work orders and reconcile invoices, or ever-increasing costs for those spare parts. The post Webinar: MRO Best Practices: Introducing a Continuous Improvement Program appeared first on Synovos.

Continuous Improvement 40

Continuous Improvement Resource Reduction Cost Reduction Strategies Supply Chain Strategy 40

CormSquare

JANUARY 13, 2017

Maintenance, Repair and Operations (MRO) is the crucial part of any supply chain network. MRO probably has the broadest definition of any category in sourcing. MRO is anything used to maintain manufacturing and distribution facilities. One challenge to accept here is that MRO is complicated. How important is MRO?

Manufacturing Procurement 50

Manufacturing Procurement Purchasing Skills Procurement Analytics Procurement Solutions 50

Synovos

APRIL 3, 2018

While related, the topics are at nearly diametrically opposite ends of the spectrum despite being relative to the MRO supply chain and MRO integrated supply. In the meantime, industrial manufacturers continue to find new ways to use such technology in streamlining the MRO supply chain.

Supply Chain Planning Software 49

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Internet of things 49

Synovos

MAY 21, 2019

. – May 21, 2019 – Synovos, the leading pure integrated supply chain management company in the world, announced the availability of a new best practices article: MRO Supply Chain Best Practices: Bridging the Gap Between Maintenance and Procurement. The paper highlights the deep and consistent challenges within the MRO supply chain.

Puerto Rico 40

Puerto Rico Manufacturing Procurement Supply Chain Software Supply Chain 40

Synovos

MARCH 8, 2019

As an MRO supply chain management service provider, we deliver value to the MRO supply chain by standardizing processes, improving day-to-day management of inventory, work orders, data, etc. One minute your flailing, seemingly helpless in a sea of MRO. Sometimes it’s difficult. It’s the way it’s supposed to work.

Buyer Training 40

Buyer Training Supply Chain Training Price Mitigation Strategies 40

Synovos

MARCH 8, 2019

As an MRO supply chain management service provider, we deliver value to the MRO supply chain by standardizing processes, improving day-to-day management of inventory, work orders, data, etc. One minute your flailing, seemingly helpless in a sea of MRO. Sometimes it’s difficult. It’s the way it’s supposed to work.

Buyer Training 40

Buyer Training Supply Chain Training Price Mitigation Strategies 40

RFgen

MAY 2, 2014

This information can be used to mitigate the time and cost associated with maintenance, repair and operating (MRO). The post Data Collection Improves MRO Supply Chain Management appeared first on RFgen. With access to real-time information, all departments can work to adapt to changing situations at a moment’s notice.

Supply Chain Software 52

Supply Chain Software Data Supply Chain Inventory Reduction 52

RFgen

MAY 2, 2014

This information can be used to mitigate the time and cost associated with maintenance, repair and operating (MRO). The post Data Collection Improves MRO Supply Chain Management appeared first on RFgen. With access to real-time information, all departments can work to adapt to changing situations at a moment’s notice.

Supply Chain Software 52

Supply Chain Software Data Supply Chain Inventory Reduction 52

Synovos

NOVEMBER 10, 2023

pdf RS Integrated Supply RS Integrated Supply, part of RS Group, is a global MRO supply chain services provider, offering outsourced Procurement & Storeroom Solutions™ to manufacturing, assembly, and process industry clients. Together, the two form the world’s first MRO supply chain services company with true global reach.

Eliminating Excel in Purchasing 105

Eliminating Excel in Purchasing Groups Optimal Sourcing Manufacturing Procurement 105

Synovos

MARCH 5, 2024

Overhauled MRO Strategy Propels UK Food Manufacturer to Save Millions, Boost Productivity For most companies, the COVID-19 pandemic presented a significant challenge in managing operations. This exacerbated another MRO challenge for this food manufacturer. Some navigated that challenge successfully.

Material Savings 98

Material Savings Inventory Reduction Cost Reduction Strategies Waste Reduction 98

Logistics Bureau

OCTOBER 17, 2023

Related articles on this topic have appeared throughout our website, check them out: 9 Barriers to Optimal Inventory and How to Break them Down 3 Common Inventory Management ‘Sins’—And How to Avoid Them How to Fix Your MRO Inventory Squirrel Problem?

Inventory Reduction 63

Inventory Reduction Cost Reduction Strategies Inventory Logistics 63

Synovos

AUGUST 9, 2023

RS Integrated Supply RS Integrated Supply, part of RS Group, is a global MRO supply chain services provider, offering outsourced Procurement & Storeroom Solutions™ to manufacturing, assembly, and process industry clients. Together, the two form the world’s first MRO supply chain services company with true global reach.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing 52

Logistics Middle East

OCTOBER 16, 2021

MRO Europe 2021 brings together the most important global actors in all maintenance, repair and overhaul fields. The post Joramco to Exhibit at MRO Europe 2021 appeared first on Logistics Middle East.

Europe 74

Europe Global Logistics 74

Synovos

NOVEMBER 28, 2023

It is typically used in referencing the MRO supply chain, or the flow of spare parts and materials used in maintaining production equipment or a facility. You should be focusing on your core business and outsourcing other pieces of it, such as Maintenance, Repair and Operations (MRO).” Interested in our services?

Purchasing Skills 52

Purchasing Skills Optimal Sourcing Price Reduction Cost Reduction Strategies 52

Synovos

NOVEMBER 28, 2023

It is typically used in referencing the MRO supply chain, or the flow of spare parts and materials used in maintaining production equipment or a facility. You should be focusing on your core business and outsourcing other pieces of it, such as Maintenance, Repair and Operations (MRO).” Interested in our services?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Inventory Reduction Material Savings 52

RFgen

OCTOBER 7, 2020

Mobile Data Collection for MRO Inventory. Managing MRO inventory is key to bringing down current costs. MRO is no exception. See Also: Jumpstarting Your Journey Toward Digital Transformation in MRO for Manufacturers. See Also: Jumpstarting Your Journey Toward Digital Transformation in MRO for Manufacturers.

Supply Chain Optimization 94

Supply Chain Optimization Supply Chain Software Optimization Software Supply Chain Design Software 94

DELMIA Quintiq

MARCH 18, 2021

Design, manufacturing, production planning and MRO (Maintenance, Repair and Overhaul) frequently operate as independent “silos” within the organization. Digital twin technology is one of the key capabilities that will provide a foundation for future success.

Aerospace 296

Aerospace Agile and Lean Supply Chain Modeling Industrial 296

Synovos

OCTOBER 16, 2023

About RS Integrated Supply RS Integrated Supply, part of RS Group, is a global MRO supply chain services provider, offering outsourced Procurement and storeroom Solutions™ to manufacturing, assembly, and process industry clients. Together, the two form the world’s first MRO supply chain services company with true global reach.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions United Kingdom Optimal Sourcing 52